Move Stop Loss / Break Even - Deep Market Level Ltd.

We are extremely pleased to announce the introduction of a new, advanced functionality in all our Expert Advisor (EA) tools available on DeepMarketLevel.com. In response to your suggestions and as part of our ongoing commitment to delivering the best tools on the market, we have added an extensive module for position and capital protection management: Move Stop Loss / Break Event Parameters.

This powerful tool gives you even greater control over your open trades by automating key processes related to securing profits and minimizing risk.

What is Move Stop Loss / Break Event?

Automatically setting a position to "Break-Even" (BE): once a trade reaches a specified profit, the Stop Loss is moved to the entry price, eliminating the risk of loss.

Progressively securing profits (Stepped Trailing Stop): as the position generates more profit, the Stop Loss is moved up accordingly, "locking in" parts of the profit and protecting you from sudden market reversals.

How does it work? Get to know the new parameters

In the settings of each of our EAs, you will now find a new section: ===== Move Stop Loss / Break Event Parameters =====. Here are the key parameters and their explanations:

Use Move SL/BE: The main switch for the feature. Set to true to activate dynamic Stop Loss management.
Move SL/BE Mode: Determines whether the values will be calculated in points (in_points) or as a volatility multiplier (RangeMultiplier).
Used Move SL/BE Reference Price: Choose the reference point for calculations: the price of the DML level that generated the signal (level_price) or the opening price of the first position in the grid (first_order_price). This provides great flexibility in strategy adaptation.
SL/BE Level Trigger 1 [Points/RangeMultiplier]: Activation Level: Specifies how much profit (in points or as a multiplier) the position must reach to trigger the SL move.
SL/BE Shift After Trigger 1 [Points/RangeMultiplier]: Target SL Level: Defines the new level for the Stop Loss (relative to the reference price) after being activated by the Trigger.

Practical Example

Let's assume you've opened a BUY position and set the following:

SL/BE Level Trigger 1: parameter to 500 (50 pips)
SL/BE Shift After Trigger 1: parameter to 100 (10 pips)

When your position reaches 500 points of profit, the EA will automatically move the Stop Loss to a level that secures 100 points of profit from the entry price. From that moment, the trade is safe and cannot result in a loss.

You can configure up to 10 such pairs of levels, creating an advanced, multi-stage safety net perfectly tailored to your trading style!

Key Benefits for Your Trading

Full Automation: Set the parameters once and let the EA manage your risk 24/5.
Profit Protection: Actively secure your earned profits without constantly monitoring the charts.
Risk Elimination (Break-Even): Quickly make your profitable trades "risk-free."
Emotion-Free Trading: Automated rules eliminate the detrimental impact of greed and fear on decisions to move the Stop Loss.
Incredible Flexibility: Adjust each activation and target level to the specifics of the instrument, strategy, and market conditions.

Availability – Completely Free for Our Clients!

At DeepMarketLevel.com, we believe in delivering constant value. That's why this powerful update, like all our indicators and Expert Advisors, is available completely free for all our existing clients.

To start using these new capabilities, log in to your client panel and download the latest versions of our EA tools.

We are constantly working on developing our products to make your trading more effective and profitable. Thank you for your trust!