Automatic Stop Loss & Take Profit

This is a game-changer for manual traders who want to ensure they never enter a trade without a "safety net." Using an automated tool removes the "panic" of trying to set a Stop Loss while price is moving quickly. It enforces a disciplined mathematical approach.

MT5 Auto SLTP

Gold moves in cents. In this example, I placed a stop loss $5.00 away from the entry price, so I set it at 500.

For my take profit, I set 750 cents, which represents a $7.50 price difference from the entry price.

Forex moves in pips. In this example for EUR/USD, I placed a stop loss of 50 pips (0.0050 away from the entry price).

For my take profit, I set 75 pips, which represents a 0.0075 price difference from the entry price.

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