![]() ![]() 50% of distance from order open price level to take profit level, EA Trade Manager will activate Break Even. There’s a lot you can do when you get EA Studio to help you in your trading journey. Creating a Free Forex Robot in EA Studio It’s an all-in-one trader’s platform that empowers beginner traders and seasoned veterans alike. In second case we can set that if current price will reach e.g. The short answer is yes, you can create a free Forex EA using a Forex strategy builder software called EA Studio. 20 pips of profit will activate Break Even. In first case we set the amount of pips profit when manager should move Stop Loss to Break Even, e.g. break even based on % of distance to Take Profit.When price will move 5 pips upper, we will have 15 pips of unrealized profit and stop loss will be moved a 5 pips closer to current price, so in this worst scenario when price will back we lost only 5 pips.ĮA Trade Manager has a 2 variants of Break Even: When order will reach 10 pips profit stop loss will be move to distance 20 pips from current price, so in the worst scenario when price will back we lost only 10 pips). Step: how many pips of profit causes the move of stop level, i.e.Trailing: when trailing stop will start and move stop loss, here we can define a distance of stop loss to current price.Start: number of pips of profit to activate trailing stop. ![]()
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