by 
This MetaTrader expert advisor functions as a trade manager that automates stop loss adjustments for existing positions. It specifically waits until a trade reaches a user-defined profit threshold in points before initiating a trailing stop. The tool includes flexible filtering options to manage specific symbols, magic
Trade manager · MT5
Break Even Bot
This MetaTrader 5 utility serves as an automated trade manager focused on risk reduction.
GitHub stars3
Forks0
Last update6 months ago24 Mar 2026
LicenceMIT
Overview
Break Even Bot monitors active positions and moves the Stop Loss to the entry price once a specific profit target, defined in pips, is reached. The tool allows for an optional offset to account for spreads or transaction costs. It does not initiate new trades independently but rather modifies existing orders to reach a zero-risk state. The project is designed as an educational resource with a modular structure and French documentation.
- Automated stop loss modification to entry price
- Configurable break even activation threshold
- Security pips for spread compensation
- Modular MQL5 include structure
Details
Author
autoea-online on GitHub
Type
Trade manager
Platform
MetaTrader 5 (MQL5)
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
Input parameters
Read from BreakEvenBot.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
BE_Activation_Pips | double | 20.0 | Seuil Break Even (pips) |
BE_Plus_Pips | double | 0.0 | Pips de sécurité (0=exact) |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone autoea-online/Tuto-MT5-Break-Even-Automatique from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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