MAD TRAILER EXPERT ADVISOR

Product 9

The AUTO BE Expert Advisor by KALIFX

The AUTO BE is an expert advisor (EA) for MT4, developed by KALIFX. This powerful tool automatically moves the stop-loss level to breakeven as the market price approaches your take-profit target, helping you lock in profits while protecting against potential reversals.

Key Features:

  • Automatic Breakeven: Moves the stop-loss to breakeven as trades move towards take profit, ensuring profits are secured.
  • Automatic Stop-Loss & Take-Profit: Automatically sets stop-loss (SL) and take-profit (TP) levels for each trade according to your preferences.
  • User-Friendly: The AUTO BE EA is a simple yet effective tool for managing your stop-loss levels in MT4. However, it’s important to understand its limitations and consider alternatives before purchasing.

Input Parameters:

  1. Use Automatic SL & TP: Automatically sets SL and TP for each trade according to your preferences. Set to true to enable this feature.
  2. Use Breakeven: Enables the breakeven feature. When a trade reaches a specified profit level (in pips or distance towards take-profit), the stop-loss is moved to the breakeven point (trade's open price level). Set to true to enable this feature.
  3. BE % of Take-Profit: Specifies the percentage of TP at which the breakeven point is triggered or the stop-loss line is moved to the breakeven point.
  4. BE Offset in Pips: Specifies the number of pips above the open price level where the stop-loss will be moved to breakeven.

Note: It is recommended to test the EA on a demo account to understand its functionality and optimize the settings to suit your trading strategy.

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