Breakeven EA v1.3 Source Code MQ4 for MetaTrader 4 (MT4) is typically a custom Expert Advisor (EA) designed to move the stop-loss of an open position to breakeven once the trade reaches a certain profit threshold. While I don’t have access to a specific pre-existing Breakeven EA v1.3 code, I can certainly provide you with a custom MQL4 implementation of a Breakeven EA that functions similarly to what you may be looking for.

Key Features:

1. Automatic Stop-Loss Adjustment: Once a trade reaches a specified profit level, the EA automatically moves the stop-loss to the trade’s entry price, ensuring no loss on the position.
2. Configurable Profit Threshold: The user can define the profit level (in pips) at which the stop-loss is moved to breakeven. For example, if the profit level is set to 10 pips, the EA will move the stop-loss to the entry price once the position is up by 10 pips.
3. Supports Both Buy and Sell Orders: The EA works with both long (buy) and short (sell) positions, adjusting the stop-loss based on the direction of the trade.
4. Risk Management: It helps to manage risk by locking in profits and ensuring that trades can’t result in a net loss once the breakeven point is hit.
5. No Manual Intervention: Once applied, the EA runs automatically, monitoring all open trades and making adjustments as required.

How it Works:

1. The EA monitors all open trades.
2. For each trade, if the profit exceeds a predefined threshold (e.g., 10 pips), it moves the stop-loss to the entry price.
3. The stop-loss is moved to breakeven only if it hasn’t already been set to the opening price.
4. This process occurs continuously as long as the trade remains open and profitable.

Benefits:

• Automates risk management by ensuring you never lose more than the initial position size after reaching the breakeven point.
• Improves emotional control by removing the need to manually adjust stop losses or make trading decisions under pressure.

Limitations:

• The EA doesn’t account for spread, slippage, or transaction costs in its basic form. If these factors are significant, adjustments may be necessary.
• It is always recommended to test this EA in a demo environment before deploying it on a live account.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

Experts:

• Breakeven EA v1.3 MQ4.mq4

===========================================================

MORE ROBOTS and MANUAL TRADING SYSTEM UNLIMITED VERSION

Telegram Channel : https://t.me/TheTradeLovers

Telegram Contact : https://t.me/TheTradeLover

Email : [email protected]m

Whatsapp: https://whatsapp.com/channel/0029VaLNS5gJpe8kk7rZCa13

Instant Download

Your files will be available to download once payment is confirmed.

Instant download items don’t accept returns, exchanges or cancellations. Please contact the seller about any problems with your order.

Our Payment Options:👇

1) Bitcoin Wallet:

19osRLGdcrdKGq8HseVimFv4sPtWiVXht

2) USDT(Tether) Wallet: (ERC20)

0xd75d6711d9ddbc6e12910bdcecf9b1820ded33c0

3). USDT(Tether) Wallet: (TRC20)

TUXqFGZd7dGzrbkB8SFh3dduUPT9wtoxWL

3) TRX(Tron) Wallet: (TRC20)

TUXqFGZd7dGzrbkB8SFh3dduUPT9wtoxWL

4) XRP(Ripple): XRP Ripple

rNxp4h8apvRis6mJf9Sh8C6iRxfrDWN7AV

Memo 382047608

And another crypto wallet: on request

5) Paypal: https://PayPal.Me/thetradelovers

7) You can pay with also Indian Payment Methods Like BHIM, Paytm, Google Pay, PhonePe or any Banking UPI app On Buyer Request.

Send payment screenshot to: 👇🏿

Telegram: Click Here

Mail Us: [email protected]m

Payment After we will provide product within 90 minutes.

If you want any proofs of Indicator or have any questions then feel free to message

Send payment screenshot to: 👇🏿

Telegram: Click Here

Mail Us: [email protected]m

Thank You ❤️

Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

No Refund

Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.