If you're looking for an EA that can apply ATR (average true range indicator)-sized SL and TP to all your trades, this expert advisor MT5 can do that fully automatically. Example: The current ATR value on EURUSD is 0.0030, which is equal to 30 pips. EA will use this value to apply stop loss and take profit to all your trades based on the selected settings.
How do I use it?
Actually, it's very easy to use this EA. You just need to attach this EA to the chart and set your desired settings.
Timeframe: If you want to use the ATR value from the 15-minute timeframe, then attach this EA to the 15-minute timeframe. If 1H, then attach this EA to the 1H timeframe. In every timeframe, the ATR value is different, which is equal to a different size of the stop loss or take profit.
Your Metatrader4 must always be working. The Internet connection must be stable.
It's not essential to place an ATR indicator on the chart, but you can do that if you want to see ATR's value.
Settings:
Work with manual-only trades or manual-and-EA trades; simply select whether you want to apply ATR stop loss and ATR take profit to the manual trades only or apply it to the trades that any of your EAs have opened in your account.
Work with buy or sell trades - simply select whether you want to apply ATR stop loss and ATR take profit to only buy trades or only sell trades.
Apply SL TP to all symbols (false=current symbol only); set it to true if you want to apply ATR stop loss and ATR take profit to all of your trades, no matter which symbols you're trading. In this case, you can attach this ATR SL TP EA MT5 to any chart. If you only want to apply ATR stop loss and ATR take profit to the specific symbol, then attach this ATR SL TP EA MT5 to the desired symbol and set this feature to false.
ATR period SL: simply select the period of the Average True Range indicator, which will be applied to the stop loss size.
ATR multiplier SL: you can multiply the stop loss size. For example, set it to 1.5, and the stop loss will be 1.5 times bigger.
ATR period TP: simply select the period of the Average True Range indicator, which will be applied to the take profit size.
ATR multiplier TP: you can multiply the take profit size. For example, set 1.5, and the take profit will be 1.5 times bigger.
You're just one click away from having this EA!
Price:€50
Payment methods: PayPal, Credit Card, Skrill.
With a Paypal or credit card, you can purchase this EA by pressing the "Buy Now" button below. After your successful payment, please contact us, and we will send you a copy of the EA. Your EA will be delivered in a few hours or faster.
If you would like to purchase this EA with a Skrill account, please contact us.
This EA has no limits:
Lifetime license
Works with any timeframe
Works with any market
Friendly settings menu
Easy to set up
There are no any restrictions
Unlimited accounts
Updates available
Support 24/7
Best quality guaranteed
Similar MT4 and MT5 EAs:
EA has the most used features; we don't want to add too much stuff to the original EA. So we offer custom updates for any of our EAs; you can easily order a custom update and adapt this EA to your specific needs.
If you have any questions, simply contact us, and we will answer all your questions.
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