Breakeven

Proseries

Trader
Jan 12, 2024
10
0
6
65
USA - NYS
Is this still working? I’ve tried all different settings and nothing changes.. maybe I’m doing something wrong. I downloaded the script to my mt4 script file. What settings should I place to have my break even + 2 pips work?
 

Enivid

Administrator
Staff member
Nov 30, 2008
18,405
1,332
144
Odesa
www.earnforex.com
Is this still working? I’ve tried all different settings and nothing changes.. maybe I’m doing something wrong. I downloaded the script to my mt4 script file. What settings should I place to have my break even + 2 pips work?
Yes, it is definitely working. What happens when you run it? Perhaps there is some output in the Experts tab when you execute it?
 

Proseries

Trader
Jan 12, 2024
10
0
6
65
USA - NYS
Ok.. I download the zip script.. extract it then place files in Mt4 script file.
This is where I’ve tried different points to both to minimum and additional point areas.
My SL to trade price is 55 pips or 550 points.
I want to be in 2 pip profit when breakeven moves.
When I place my trade order I drag the breakeven over to my chart set the settings and hit ok..
When the price goes into 2pip profit my SL doesn’t move. I’ve let it run into 5 pip profit and still doesn’t move.
 

Enivid

Administrator
Staff member
Nov 30, 2008
18,405
1,332
144
Odesa
www.earnforex.com
Ok.. I download the zip script.. extract it then place files in Mt4 script file.
This is where I’ve tried different points to both to minimum and additional point areas.
My SL to trade price is 55 pips or 550 points.
I want to be in 2 pip profit when breakeven moves.
When I place my trade order I drag the breakeven over to my chart set the settings and hit ok..
When the price goes into 2pip profit my SL doesn’t move. I’ve let it run into 5 pip profit and still doesn’t move.
It doesn't work like that. The script runs only once when you attach it to the chart. If the trade is already in enough profit when you run the script, it moves the SL to the given BE level. That's it. The script won't be there to monitor the positions and apply the BE.
 

Proseries

Trader
Jan 12, 2024
10
0
6
65
USA - NYS
Thank u, so that I understand… when my profit reaches 3 pips I set the breakeven script.
What setting do I use to have my SL move to a 2 pip profit mark?
The reason for all this is I’m a scalper on the 1 min chart. My take profit is between 3-5 pips on each trade. I’ve noticed more than half of my trades will run into 9-12 pip profits so I’m looking to breakeven at 2 pips but letting it run to 9 or more pips. I have an Auto SL/TP EA that sets everything but I noticed u also have a script that appears to do the same thing. Can I run 2 scripts at the same time and run a Trailing Stop EA?
 
Last edited:

Enivid

Administrator
Staff member
Nov 30, 2008
18,405
1,332
144
Odesa
www.earnforex.com
Thank u, so that I understand… when my profit reaches 3 pips I set the breakeven script.
What setting do I use to have my SL move to a 2 pip profit mark?
Additional profits to 20 (considering there are 20 points in 2 pips) and minimum current profit to 30.
The reason for all this is I’m a scalper on the 1 min chart. My take profit is between 3-5 pips on each trade. I’ve noticed more than half of my trades will run into 9-12 pip profits so I’m looking to breakeven at 2 pips but letting it run to 9 or more pips. I have an Auto SL/TP EA that sets everything but I noticed u also have a script that appears to do the same thing. Can I run 2 scripts at the same time and run a Trailing Stop EA?
You can run as many scripts as you like because they are never run at the same time. They can only be run consequently. And yes, you can still run scripts on the chart if there is an EA attached to it.