AutoSet TP and SL

AutoSet TP and SL is a utility script or mini-Expert Advisor for MetaTrader 4 (MT4) designed to automatically set predefined Take Profit (TP) and Stop Loss (SL) levels on every order you place. Whether you’re placing manual trades or using other EAs, this tool ensures consistent and efficient risk management without manual input.

Perfect for traders who want to simplify order management, avoid slippage from delayed SL/TP setting, and maintain disciplined trade exits with precise pip-based settings.

Features

• Platform – MetaTrader 4 (MT4)
• File Type – .ex4 or .mq4 (EA/Script Utility)
• Function – Automatically applies SL and TP to new trades
• Compatibility – Works with manual and EA-based trades
• Customization – User-defined SL/TP values (in pips or points)
• Pairs – Compatible with all symbols
• Execution – Instant upon trade placement
• Installation – Drag & drop onto chart or load as EA
• Recommended – ECN brokers with low execution delay
• Version – Latest Stable Build

Sources and Credits:

• MetaTrader 4 Official Website
• MQL5 Scripts & Tools
• FX Blue Trading Tools
• MyFXBook for Monitoring

Note: Includes only the AutoSet TP and SL utility file. Use in demo before live trading. No refunds for digital downloads.