● Camovia Tray™

Move Stop to Breakeven

Automatically moves stop-loss to breakeven at a profit threshold — lock principal, let profits run

Type

Type
Utilities · Trade Management
Platform
MT4 / MT5
License
Apache-2.0 View license text
Version
2026-10-09 (source snapshot)
Size
MT4 18 KB · MT5 21 KB
Manually verified
2026-10-09
Source repository
https://github.com/EarnForex/Move-Stop-to-Breakeven

Download

⬇ MT4 · Download ⬇ MT5 · Download

MT4 — 4df0fa6486d3cf35f66dfdf364007ceed0abcd075d898d9a1c407d6ab10363c5

MT5 — 97d4dc2e56b61c3bc10dcbe9fc591a3247eb201875188e43613095ceed018341

Integrity check — Compare SHA-256 before installing (Windows: certutil -hashfile file SHA256). Sources are unmodified; LICENSE and provenance notes are inside each archive. Downloads are static links: no click tracking, no IP logging.

What is this

Move Stop to Breakeven is a trade-management EA for MT4/MT5: it watches positions matching your filters and, once floating profit reaches the set points, moves the stop-loss to breakeven (with an optional buffer). It never opens trades — it does exactly one automated thing: move stops to breakeven. Commonly used to protect trend trades from pullbacks.

How it works

  1. Filters positions by symbol/magic/direction before managing them
  2. At the trigger profit, moves SL to entry ± buffer points
  3. Stops only move in the favorable direction — already-breakeven trades are never pushed back

Installation (3-step summary)

Full install guide →
  1. 1. Download

    Grab the zip via the buttons above

  2. 2. Unpack & copy

    Put .ex4/.ex5 and .mq4/.mq5 into the matching MQL4/MQL5 folders

  3. 3. Enable

    Restart or refresh the Navigator, drag it onto a chart, allow automated trading

Usage notes

  • The zip has the Experts source, Include dependencies, and the icon — extract as-is and compile
  • Set magic-number filters precisely so it doesn't adopt manual or other EAs' trades

⚠ Risk notes

  • Breakeven is not magic protection — spread and slippage can still turn a 'breakeven' exit into a small loss; set the buffer at least above the spread

Download Camovia Tray free — check quotes, manage positions, and hide in one click from your system tray.

Download Free

Frequently asked questions

▸ How is it different from a trailing stop?

A trailing stop keeps following price; this tool moves the stop once to breakeven and stops there — very different risk profiles.

▸ Will it touch my manual trades?

Depends on the filter: magic number 0 or a set range decides whether manual trades are adopted or ignored.

▸ Is there a one-shot script version?

Yes — Breakeven in our Scripts category is the manual single-shot variant.

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Move Stop to Breakeven is third-party open-source software provided "as is" with no warranty of any kind. Camovia only curates and redistributes the original source code and is not affiliated with the original author or MetaQuotes. This page is educational and is not investment advice — trade at your own risk.

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