I am Big Q, a fund manager at Yuan Marine..

I engage in day trading, focusing on gold, during my main job. I believe that the most important aspect of trading is to reduce "losing trades." I think that finding ways to minimize losing trades is the shortcut to becoming a winning trader.

To achieve this, I set a breakeven point when a certain profit is achieved, eliminating losing trades.

However, I found it very stressful to manually set the breakeven point and to live while constantly monitoring charts and alerts. Above all, unexpected situations where I couldn't set the breakeven point not only caused me to miss out on profits but also led to losses, which was the hardest part to bear.

When I had a position with profits and was about to set the breakeven point manually as the risk-reward ratio was reaching the target, I was interrupted by colleagues or family, leading to a long conversation...

Finally freed, I opened MT4 only to find a loss. If I had just set the breakeven point, the trade that should have ended at worst at ±0 would have been saved.

The accumulated desire to be freed from such stress led me to develop (outsource) this EA. In fact, I designed a tool with more complex features, but it ended up complicating the trading operations, so I settled on this simple EA.

This EA can automatically set the breakeven point based on the risk-reward ratio. You set the risk-reward ratio for setting the breakeven in the EA, and when placing a position order, set the stop-loss line (SL), and then just leave it alone.

After that, the EA will automatically set the breakeven point, so there is no need to worry about charts or alerts. In fact, thanks to this EA, after holding a position, I can forget about trading and quickly switch to my main job or personal life, reducing my stress.

By the way, I previously searched for various options, but while there were EAs that set breakeven at fixed pips, I could only find one that could set it based on the risk-reward ratio. That was an EA made by Marine, but it had too many features and seemed impractical for actual use. Hence, I outsourced it to a programmer to create this.

I hope that traders facing similar issues can utilize this convenient EA to protect their important profits at breakeven.

⛀Example of the operation screen

【Bonus】 Risk Reward Compatible Automatic Breakeven for MT4 【Risk Reward Breakeven Pro】