Manage Take Profit
Manage Take Profit — a MetaTrader 4 script kept in the Old Kings collection. It has 6 settings, for example First Target (default 10), Target Increment (default 6) and Close Lots (default 0.1). Drop it on a demo chart first to see exactly what it does. 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.
Script · MT4 · v1.0 · Free
About Manage Take Profit
Manage Take Profit is a script for MetaTrader 4. It has 6 settings, such as First target, Target increment and Close lots. MQL source code included.
Files in the download: ManageTakeProfit.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| First target | 10 | |
| Target increment | 6 | |
| Close lots | 0.1 | |
| First stop | 10 | |
| Stop differential | 0 | |
| Move stops | true |
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 → Scripts.
- 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 script onto a chart to run it once.
Tags: MT4 Expert Advisor · MQL4 Source Code