EA Hidden TP and SL for MT4

This is robot to hide the levels of Stop Loss and Take Profit
for broker.

After starting, EA controls all opened positions for the current
symbol and sets virtual stop loss / take profit lines in current
chart window.

If price will cross one of the line, EA automatically will close
order. If in order exist the standard SL and TP, then the EA will
remove them and at the same levels sets virtual SL/TP (hidden).
When there wasn’t set SL or TP, then EA will set the virtual SL
and TP in the distance specified in EA params.
EA works on any pair and any timeframe. It is possible to run
more than one copy of EA in one MT4 terminal. If you want to
change the TP or SL, just click on the line and you can move on
the chart.

Warning: For properly working virtual SL and TP, the EA must
be running. After switching off the MT4, the orders will not be
closing. For pending orders, virtual Stop Loss and Take Profit are
setting only after order’s activation.

Do not use this EA in combination with other EA which could
changing or setting real Stop Loss and Take Profit in the orders.

Protect EA.ex4 (21.1 KB)

2 Likes

This EA is just what I’ve been searching for. Thank you so much. it is very simple and reliable. :wink: