Daily Break Point Ea
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Daily Break Point Ea. It moves the stop behind price and can size trades from your risk. It has 23 settings, for example Lot Auto (default True), Lot Manual (default 0.01) and Stop Loss (default 0). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About Daily Break Point Ea
Daily Break Point Ea is an expert advisor (trading robot) for MetaTrader 4. It moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 23 settings, such as Lot auto, Lot manual and Stop loss. MQL source code included.
Files in the download: breakpointv.mq4, Best Trading Systems.url.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Lot auto | True | |
| Lot manual | 0.01 | |
| Stop loss | 0 | Stop loss distance |
| Take profit | 30 | Take profit distance |
| Close by signal | true | |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Max open order | 0 | |
| Strategy 1 | --- Daily Break --- | |
| Strategy 1 enable | true | |
| Strategy 1 break point | 20 | |
| Strategy 1 last bar size min | 5 | |
| Strategy 1 last bar size max | 50 | |
| Strategy 1 trailing start | 5 | Trailing stop distance or switch |
| Strategy 1 trailing stop | 2 | Trailing stop distance or switch |
| Strategy 1 trailing step | 2 | Trailing stop distance or switch |
| Strategy 1 magic | 900001 | Magic number that tells this EA's orders apart |
| Averaging | --- Averaging --- | |
| Averaging enable | true | |
| Averaging float size | 30 | |
| Averaging trailing start | 15 | Trailing stop distance or switch |
| Averaging trailing stop | 10 | Trailing stop distance or switch |
| Averaging trailing step | 5 | Trailing stop distance or switch |
| Averaging magic | 999999 | Magic number that tells this EA's orders apart |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code