Expert Advisor cm TP NL: Breakeven on all trades
advisor cm TP NL - is a trading tool that calculates take profit order size for all orders from the point of their total Breakeven.
Take profit is defined separately for buy and sell positions. If the specified take profit level is less than what the broker allows, the cm TP NL Expert Advisor sets take profit to the minimum allowed level.
When opening new positions, the cm TP NL Expert Advisor recalculates the breakeven point and changes take profit for all open positions.
Please note that the cm TP NL Expert Advisor does not change open orders in any way, but plots the take profit value on the chart for breakeven. You need to change the take profit value in open orders yourself.
We would like to remind you that the cm TP NL Expert Advisor should be installed in the MT4/MQL4/Experts folder.