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Thread: Take Profit Idea EA

  1. #1
    Junior Member
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    Dec 2009
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    13

    Default Take Profit Idea EA

    Hello. I'm currently looking for an ea to close trades when they are in profit, but also follow a winning trade.....

    This is what I would like. example.

    +1.00 - wait for next move.

    Next move

    +1.50 - wait for next move - continue trading

    Next move

    +2.00 - wait for next move - continue trading

    next move

    +1.50 - close trade.

    -------------------------------

    so it closes on a positive, yet follows it as long as possible. So if it spikes and goes up 15pips in one shot it wont close too early.

    Is there anything like this that I can use?

    Thank you!

  2. #2
    Junior Member
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    heheeh. guess not. Well is there an take profit script that is already made that anyone can point me out to. I'm closing trades manually. And it sure takes a long time.

    Thank you.

  3. #3
    Administrator funyoo's Avatar
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    Default

    Quote Originally Posted by mike2star View Post
    heheeh. guess not. Well is there an take profit script that is already made that anyone can point me out to. I'm closing trades manually. And it sure takes a long time.

    Thank you.
    Hi mike2star,

    What you want is a breakeven. You can use a simple breakeven script with breakevengain (2.00 in pips) and breakeven (1.50 in pips).

    Some codes :

    Straddle&Trail - MQL4 Code Base
    True Scalper Profit Lock - MQL4 Code Base

  4. #4
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    Hello

    And thank you for your reply. i'll try those when market opens. I'm using the Escape Ea which opens a lot of trades. Left alone made +6k, (which can easily turn into -6K).
    I let the escape.ea run for 4 hours, watch it carefully, and close the profitable ones (by hand) with only +1.00 or more of profit. It takes a long time to close them all by hand. I did find another take-Profit.ea which sometimes closed the trade at +0.

    That's why im looking for something to close the trades when they are at +1.00 or more.

    Even with all that. I made (demo) +$731 in 4 hours.

    Thank you for your help.
    Attached Images Attached Images Take Profit Idea EA-detailedstatement-gif 

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Tags for this Thread

breakeven, breakevengain, closing, demo, mql, pips, profit, profitable, scalper, simple, thank you, time

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