🔹 AUTO BE 2nd EDITION – Trade Exit Manager + ADR Panel (MT4)

AUTO BE 2nd Edition by KALIFX is a lightweight yet practical utility Expert Advisor for MT4 that automates your trade exit process. It handles stop-loss placement, breakeven logic, and dual take-profit levels — and now includes a compact ADR (Average Daily Range) info panel to help you stay aware of market volatility.

Whether you're a manual trader or using EAs, this tool quietly supports your chart with clear visuals and rule-based execution, keeping trade management simple and consistent.

✅ Key Features

• Auto SL & TP1 Placement: Automatically places a stop-loss and TP1 when a trade opens (if not already set).
• TP1 Partial Close: Closes half of the position when TP1 is hit (only if lot size is 0.02 or higher).
• TP2 Final Exit: Fully closes the remaining lot size at TP2 and removes all visual lines.
• Breakeven SL (Optional): Moves SL to breakeven (plus offset) once a defined profit level is reached.
• Clean Visual Lines: TP1 and TP2 are drawn as dotted horizontal lines on the chart.
• ADR Panel (Optional): Shows spread, ADR, daily range, and ADR coverage — updated live on chart in a single row.

⚙️ Input Parameters

🛠 Trade Management

1. StopLoss – SL in pips.
2. TakeProfit1 – TP1 in pips.
3. EnableTP2 – Enable/disable TP2 logic.
4. TakeProfit2 – TP2 in pips.
5. EnableBreakEven – Enable/disable breakeven logic.
6. BEActivationPips – Profit required to activate breakeven (in pips).
7. BEOffsetPips – Offset in pips beyond breakeven.

📊 ADR Panel

1. EnableADRPanel – Turn ADR panel on/off.
2. ADR_Period – Days used to calculate average range.
3. PanelCorner – Chart corner to anchor panel (0-3).
4. PanelX, PanelY – Offset from selected corner.
5. PanelTextColor – Set panel font color.

💡 How It Works

• When a trade opens, SL and TP1 are automatically applied (if not set).
• TP1 and TP2 lines are drawn on chart (if TP2 is enabled).
• If TP1 is hit: half the trade is closed, TP1 line is removed.
• If TP2 is hit: remaining lot is closed, all lines are cleared.
• If breakeven is enabled: SL moves to breakeven + offset once required pips are reached.

ADR Panel (if enabled): Updates every few seconds to show:

• SPREAD – Current spread in pips
• ADR – Average Daily Range over X days
• RANGE – Today’s high-low distance in pips
• ADR COVERED – Percentage of ADR covered today

🧪 Example: Buy Trade @ 0.02 lots

• EA sets SL and TP1.
• TP1 and TP2 lines are drawn.
• At TP1: 0.01 lots closed, TP1 line removed.
• At TP2: 0.01 lots closed, all lines removed.

⚠️ Notes

• Minimum lot size for partial TP1 close is 0.02 lots.
• Breakeven only activates after reaching defined profit level.
• ADR Panel is fully optional and can be disabled via inputs.
• EA does not override existing SL/TP unless they are unset.

🧪 Tip

Always test on a demo account before using live to understand EA behavior and adjust settings to your trading style.

📩 Need Help? Contact us on Telegram: http://t.me/KARLIIIIII