Hidden Stop Loss And Take Profit EA For MT4

Hide your Stop Loss And Take Profit with this Expert Advisor. Hunting your Stop Loss is a dirty practice that happens with some brokers. Basically the broker will “manipulate” the price so that it will hit your stop loss and cause your order to close. This practice can be avoided in some ways. One way is to use a hidden stop loss and take profit EA for MT4. In this article you will see how to keep your stop and target hidden from your broker.

Stop Loss Hunt

You might think that your broker is your friend but sometimes brokers can be not very friendly.

Some brokers in fact use a tactic called “Stop Loss Hunt”.

This strategy consists in the broker manipulating the price in order to hit your stop loss.

This practice requires you to set a stop loss price for the order, which means that the broker knows it.

I am not saying the all brokers do this however it is likely that some do.

Hidden Stop Loss And Take Profit EA For MT4

One way to avoid the broker to use this dodgy practice is to hide your stop loss from it, but how do you do that?

You have two ways to hide your Stop Loss:

  1. Have your Stop Loss in mind and trigger it manually when the price hits it
  2. Use an Expert Advisor that monitors the price and triggers the closure of the order when the stop loss is hit

MT Ghost Stop Loss And Take Profit EA is an expert advisor where you can set a the Stop Loss and Take Profit for your order keeping it secret.

The Stop Loss and Take Profit are not saved in the MT4 order but only in the EA.

In this way the broker will not be aware of the Stop Loss and Take Profit set.

This Expert Advisor has several options and is very easy to use.

MT4 Ghost Stop Loss And Take Profit EA Features

Ghost Stop Loss And Take Profit EA has several important features that will help you achieve your goal.

Hidden Stop Loss And Take Profit

The Stop Loss and Take Profit are not visible to the broker.

You can set Stop Loss and Take Profit as a distance (in points) from the open price.

MT4-Ghost-Stop-Loss-And-Take-Profit-1

Filtering Options

You can select to apply the Stop Loss and Take Profit by Magic Number, so that they will be applied only to the matching orders.

This allows to have all your orders managed by the same rule.

Auto Close

When the Stop Loss or Take Profit is hit then the EA will close the order automatically.

Notifications

You can have notifications enabled for when an order is closed.

Conclusion On Hidden Stop Loss And Take Profit EA For MT4

Avoid being tricked by your broker.

Don’t let them hunt your Stop Loss. Hidden Stop Loss and Take Profit EA for MT4 allows you to hide your TP and SL from your broker, so they can’t play games.

17 thoughts on “Hidden Stop Loss And Take Profit EA For MT4”

  1. hi , when i try to set a order number in o/m and save , return me always error line order or magic numb not valid , o_O why ??
    thankz for EA

    Reply
    • Hi Paul,
      MT4 only supports one EA per chart, if you need two different EAs to manage the same pair you can load two charts and mount them separately.
      Luca

      Reply
  2. Hi! It looks a very interesting tool! I have one question… suppose i put a pending order but i decided my SL will be 500 points. It will be able to manage my order correctly when executed or it will monitor just open orders?

    Reply
    • Hi Raphael,
      Once the order is open the EA will monitor for the price and close the order when the price is at the set distance from the open price, so it doesn’t really make a difference if it is a market or pending order.
      Luca

      Reply
  3. is there a guide or how to use the tool after download i just enter in the stop loss and take profit or is there a specific way to access ea

    Reply
    • Set the stop loss and take profit distance from the open price and the EA will close the order automatically, make sure to see “MONITORING ENABLED”
      There are some filters that you can set to apply the EA to only some orders or magic numbers.

      Reply
  4. Hi, I am getting ready to purchase the EA but would like to know if this hidden EA also works with a Trailing Stop. I use the Trailing Stops on all of my orders and want that to be hidden as well. Thanks in advance for your assistance.

    Reply

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