【MT5 Tool】Batch Stop-Loss/Take-Profit Settings & Auto Settlement ⇒ Specified Time & Candle Confirmed
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Have you been increasing your positions through averaging down, neglecting take-profit or stop-loss settings, and repeating large losses?
This tool performs risk management with a single click, helping to avoid large losses and maximize profits. Interventions are not scary!
Once you have a position, for nowone clickis all you needto eliminate regrets that you cannot go back from.
Target Users
①People who want to set SL/TP in bulk with one click even when managing multiple positions
⇒ A friend to those who incur large losses after unrealized gains from averaging down and find SL/TP settings tedious
②People who want to quickly hedge all positions with one click even in rapid changes
②People who want to quickly hedge all positions with one click even in rapid changes
⇒ For those who pray that nothing can be done in a sudden change and can only rely on luck ally
③People who want automated settlement at specified times such as before indicators release or market close
⇒ For those who fall asleep with open positions and wake up anxious on weekends
④People who want automatic settlement when the candlestick becomes a specified bearish or bullish candle
④People who want automatic settlement when the candlestick becomes a specified bearish or bullish candle
⇒ When a bullish candle forms next, you should lock in profits, but some lose profits instead
⑤People who want to maximize profits while automatically hedging risk using a trailing feature
⑤People who want to maximize profits while automatically hedging risk using a trailing feature
⇒ Expected to close at a high, but if the price moves against you, you cannot take profit
Paid Version：One-click bulk stop-loss/take-profit settings (SL/TP) and automatic settlement at specified times and candle confirmations for MT5
Free Version：Demo account for feature verification (you can check features and usability in a demo account)
https://www.gogojungle.co.jp/tools/indicators/79298
Key Features
- Bulk settlement of multiple positions
THIS PAIR / ALL PAIRS: Settles positions of the currently displayed currency pair or all currency pairs with one click.
Why is this good?
Bulk settlement can be done in MT5 with the following operation, but you can settle with one click without that operation.
MT5 operation: After selecting a ticket, right-click and click Bulk Settings, then click "Close all positions." - Bulk setting/deleting of TP/SL
SET: For all positions, set or change the specified TP and SL in bulk.
DEL TPs / DEL SLs: Delete only the configured TPs or SLs in bulk. - Four bulk SL settings to choose from according to strategy
SET BE: Set all positions' SL to a price equally distant by a specified number of pips from the average acquisition price of all positions.
EACH BE: For each position, set SL to a price at a distance of the specified pips from its entry price.
PROTECT: Set SL for all positions to a price a specified number of pips away from the current price.
TRAIL: Set SL for all positions to a price a fixed number of pips away from the current price and automatically trail as the price moves.
Why is this good?
SET BE / EACH BE allow you to avoid losses entirely by setting the input to 0 pips.
If you want to secure a profit of 15 pips or allow a loss up to -20 pips, you can flexibly adjust the inputs.
PROTECT is intuitive, so you can first ensure SL with one click.
TRAIL updates the SL as profits rise and follows the price, enabling profit growth while protecting against a sudden reversal. - Automatic settlement by specified time or candle confirmation
TIME: Automatically settle all positions at the specified time or after a specified duration.
CANDLE: Wait for candle close, and automatically settle all positions when the specified bullish/bearish candle condition is met.
※You can also set alerts only without executing the settlement when conditions are met.
Point! Since TIME and CANDLE can run in parallel, you can settle when the specified bullish/bearish candle appears and also settle at the specified time even if that condition does not occur, providing安心な決済 (reliable settlement).
Why is this good?
TIME is useful when you want to monitor a slight recovery in unrealized loss, don’t want to take profits immediately since profits may still grow, but don’t want to carry over to the next day, or have an upcoming important indicator in a few hours and want to settle 30 minutes before. If you know such timing in advance, you can set it before taking a position.
CANDLE helps prevent premature profit-taking or premature entry.
For example, when holding a short position with consecutive bearish candles, you can avoid early take-profit by waiting for a rebound and can let profits grow until a bullish candle confirms. If you want to ride the trend reversal, you can set an alert to confirm the candle reversal and enter. It can be set on any timeframe to help you notice trend changes on higher timeframes with more solid justification.
One-click Bulk Stop-Loss/Take-Profit Settings (SL/TP) & Automatic Settlement at Specified Times/Candle Confirmations
https://www.gogojungle.co.jp/tools/indicators/79282
https://www.gogojungle.co.jp/tools/indicators/79282
If you have any comments, questions, or would like to discuss features or pricing, please contact us via message.
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