SL Break Even Indikator FOR MT4

Moving the stop loss to break even is one of the frequent operations in the trading terminal. Securing the position once there is a comfortable amount profit will help the trader to avoid losing the accumulated profits in case of a retracement. The SL break even script for MT4 automatically identifies if the open positions are buy or sell. As the script identifies the order types automatically, it changes the stop loss to break even. Moreover, the script applies the changes to all open positions. As a result, forex traders can manage multiple open trades according to technical analysis or market conditions. The script is easy to execute, traders can place the script on any open chart. Once the script is active it changes the stop loss to break even and then completes its task. Because scripts execute small tasks once active. In case there are new open positions the script should be executed again. It is important to note that scripts are not like expert advisors that continuously work once placed. Instead, they execute small tasks. Pengiriman Via E-mail