Auto Break-Even for MetaTrader
Shift your Stop Loss to entry price automatically as soon as trades hit your profit threshold.
What It Does
Auto Break-Even (Auto BE) eliminates the emotional stress of winning trades reversing into losses by automatically snapping your Stop Loss to entry price.
How It Works in ChartWise
- Set Trigger Distance: Define profit threshold where breakeven engages.
- Add Commission Offset: Configure +1 or +2 extra pips for broker fees.
- 1-Tap Manual Override: Tap
SL → BEon mobile anytime.
Settings & Configuration Options
| Setting | Options | Default | Description |
|---|---|---|---|
| Trigger Mode | Pips / Price / R:R | Pips | How profit milestone is measured. |
| Trigger Distance | Numeric value | 20.0 pips | Distance required before SL modification fires. |
| Plus Pips | Numeric value | +1.5 pips | Buffer to cover round-trip commissions. |
When to Use It
- Scalping & Day Trading: Lock in fast momentum bursts without manual screen monitoring.
- Breakout Strategies: When trading key resistance breaks that should not pull back deeply.
"The moment a trade enters breakeven, emotional anxiety drops to zero."
Ready to Trade with Auto Break-Even for MetaTrader?
Connect your MetaTrader 4 or 5 account and experience institutional execution control.
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