The Titik Impas Breakeven MetaTrader script serves as a straightforward tool designed to adjust the stop-loss to the Breakeven Point for one or more positions, based on specified parameters. This script is compatible with both MT4 and MT5 platforms.
The Breakeven Point, or Titik Impas, denotes the price level at which a trade’s profit becomes zero. By setting a position to Titik Impas Breakeven, the stop-loss is aligned with the position’s opening price. This strategy proves valuable when you aim to allow profits to accumulate while ensuring that the trade remains secure and does not revert to negative territory.
While manually adjusting the stop-loss of a single trade to match its open price is a relatively simple task, managing numerous positions individually can be cumbersome and time-intensive. The Titik Impas Breakeven script for MT4/MT5 streamlines this process, providing efficiency and convenience for traders dealing with multiple positions.
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