Auto insert SL and TP EA for MT4
- This EA automatically inserts X pip SL and TP for any open trades, and has the option to do auto trailing stop
- This EA is by Ronz from Forex Factory
- Useful if you are doing quick scalping (Bob Volman’s style) & don’t have time to set SL and TP
Download the EA
1. Copy the EA to your MT4 experts folder and that’s it!
2. File –> Open data folder –> MQL4 –> Experts
How to use it?
- Adjust your Stop Loss and Take Profit values, choose whether you wish to turn on or off trailing stop option
- Choose for the EA to apply SL and TP to the current chart symbol only, or to all open orders (not shown in image
That’s it! I hope the EA helps you on your way to profitability!