Auto insert SL and TP for MT4

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

Installation

1. Copy the EA to your MT4 experts folder and that’s it!

2. File –> Open data folder –> MQL4 –> Experts

How to use it?

auto stop loss and tp

  1. Adjust your Stop Loss and Take Profit values, choose whether you wish to turn on or off trailing stop option
  2. 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!


If you are looking for a reliable broker to scalp, with discounted commission rates, we recommend IC Markets Australia.

We have arranged a 22% real-time commission discount for their MT4 platform, or 8% real-time commission discount for cTrader.

Simply sign up for an account using this link. Use our promo code (Partner ID / introducing broker ID): 1441, when opening an account.

If you have an existing account and want to receive the discount, simply email partners@icmarkets.com to transfer you to Partner ID 1441 to receive the discount.

For more information on this offer, click here

If you need assistance with receiving this offer, simply email linton@abundancetradinggroup.com and we will respond within 24 hours.

 

12 thoughts on “Auto insert SL and TP for MT4

  1. Pingback: New EA - Auto insert SL and TP EA added! - Abundance Trading Group

  2. Youtube

    Hi there, yes this piece of writing is really good and I have learned lot of things from it regarding blogging.

    thanks.

    Reply
  3. femi wuraola

    thank you,
    but uther parameters in the input section are not showing.
    i have only take profit, stop loss and chart symbol selection

    Reply
  4. Rob

    Hi there, when i add
    ronz_auto_sl_n_tp.mq4
    ronz_auto_sl_n_tp.ex4
    to my 2. File –> Open data folder –> MQL4 –> Experts
    restart mt4 and load the indicator nothing happens 🙁
    I really wanna get this working please help!!!

    Reply
    1. Linton

      Hi Rob, not to worry 🙂

      Nothing will happen until you open a trade. Once a trade is opened, the EA which you attached on your chart will automatically place your pre-set SL & TP levels.

      Hope this helps!

      Reply
  5. Niklas Åbrant

    Hello,
    I´ve tried different settings, but neither the profit target or the stop loss works for me. What might I have done wrong?

    Reply

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