SetkaRangeEA
by Ilya Putintsev · MT4
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Summary
Set TP and SL by Price is a no-frills MT4 expert advisor by Antonio Franco that focuses on placing take-profit and stop-loss orders at specific price levels. Priced at $39, it has no verified performance stats and its rating is listed as N/A. Alternatives on the market range from low-cost EAs to full-featured supply-demand or VWAP tools, with prices from $30 to $399 and similarly limited verified data. Traders should weigh simplicity, feature set, broker constraints (minimum distance, spreads), and drawdown risk. FxRobotEasy independently reviews these products to help traders compare functionality and fit.
Many retail forex traders compare Set TP and SL by Price with other expert advisors because it promises a simple, price-based approach to order placement on MT4 at a low entry price. Simplicity is attractive, but traders need context: differences in feature sets, integration with strategy, and costs matter. Broker realities — such as minimum distance to market, variable spreads, execution slippage, and the potential for large drawdowns — can change real-world results regardless of an EA’s advertised behavior. Because verified performance data is not available for Set TP and SL by Price, comparing alternatives helps traders decide whether they want lightweight order management or a more comprehensive automated strategy.
| Metric | Set TP and SL by PriceMain Product | Trendopedia Ai Our bot | SetkaRangeEA | SessionForge FX MT4 | Severa | Session Volatility Swinger EA |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | N/A | N/A | N/A | N/A |
| Price | $39 | $149 | $200 | $399 | $30 | $180 |
| ROI | N/A | +213.3% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 55.3% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.41 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 338 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Set TP and SL by Price is an MT4 expert advisor from Antonio Franco priced at $39 that focuses on placing take-profit and stop-loss orders at user-defined price levels. Strengths include straightforward configuration for traders who want direct price-based exits and a low upfront cost. Weaknesses are that its rating is N/A/5 and there are no verified stats available, so expected performance, longevity, and real account behavior are unknown. It suits traders who already run manual entries but want automated exits or those who prefer a minimalist EA. Important platform realities: brokers enforce minimum order distances, spreads and slippage can alter execution, and any EA can produce drawdowns. FxRobotEasy independently reviews all products and recommends testing on demo accounts and checking broker rules before live deployment.
by Ilya Putintsev · MT4
by Hergerberger OÜ · MT4
by Ramil Minniakhmetov · MT4
by Monwabisi Balani · MT4
Set TP and SL by Price is a modest, low-cost MT4 EA for traders who want explicit price-based exits without complex features. Its $39 price makes it an accessible tool but its rating is listed as N/A/5 and there are no verified stats available, so prospective buyers should treat it as unproven and run thorough demo tests. Alternatives range from low-cost experimentals to premium turnkey systems; choosing depends on desired functionality and budget. Remember broker rules, spreads, and drawdown risk impact any EA. FxRobotEasy independently reviews products and also lists vetted FxRobotEasy bots as verified alternatives to consider.
Whether it is worth buying depends on your needs. For traders who want a simple MT4 tool to automate take-profit and stop-loss placement, the $39 price is reasonable. However, the product’s rating is listed as N/A/5 and there are no verified performance stats available, so buy only after demo testing, confirming broker compatibility, and understanding execution constraints like minimum stop distances and spread sensitivity.
There is no single best alternative; choice depends on your priorities. If you want VWAP context, consider Multi Anchor VWAP Pro MT4. For supply and demand structure, Advanced Supply Demand may fit. If you need a fuller automated system and can pay more, Goldbot One is the premium option. All listed alternatives lack verified stats, so compare features, pricing, and demo results before buying.
Test on a demo account that matches your broker’s conditions, including spreads and execution. Run forward tests across relevant market sessions and monitor drawdowns, order execution, and behavior around news. Check minimum stop distances, slippage, and how the EA handles reconnections. Only consider live deployment after satisfactory demo performance and by risking amounts you can afford to lose.
While evaluating Set TP and SL by Price and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+213.3%
Total Return
22.0%
Max Drawdown
55%
Win Rate
338
Total Trades