Auto SL y TP: Automated MT5 Trading with Verified Risk-Based Protection

This Auto SL y TP review for 2026 examines performance and provides a practical analysis of how the utility protects positions on MetaTrader 5. The first impression is a focused, deterministic approach: Auto SL y TP calculates stop loss and take profit levels from a user-defined monetary risk amount and applies them automatically to any open trade. In performance tests across EURUSD, GBPUSD and equity CFDs, the EA consistently enforced the specified dollar risk, which reduced variability in realized losses compared to pip-based methods. What makes Auto SL y TP unique is its focus on monetary risk tolerance rather than market-distance heuristics. The algorithm converts account currency risk to instrument-specific distances using current price, contract size and margin factors, then places SL and TP orders silently without altering the original trade logic. Auto SL y TP: 2026 Performance benchmarks show its value primarily in trade protection and systematic risk control rather than alpha generation. The EA handles trending and range-bound markets well for SL/TP placement but is not designed to initiate entries. Users will notice tighter control of maximum loss per trade and clearer position sizing discipline when Auto SL y TP runs alongside discretionary or automated entry systems. In practical use, the utility reduces the operational risk of forgetting to place SL/TP, especially across multiple terminals. The developer, Henry Silva, provides sensible defaults and parameters to adapt the manager for different brokers, lot sizes and account currencies. Overall, this review and analysis highlights Auto SL y TP as a robust risk-management utility for MT5 users focused on capital protection and consistent trade-level risk metrics.