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SL Based TP Multiplier delivers automated TP management for MT5 with consistent risk control

MT5utility

Discover SL Based TP Multiplier 2025 review with automated TP ratios, 60% average win rate and under 8% drawdown. See live stats to assess performance.

SL Based TP Multiplier expert advisor logo for MT5
Price
$40
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Automated Take Profit calculation based on Stop Loss distance and ratio

Key

Supports single symbol or all open positions across the MT5 account

Key

User-defined R-multiple to set custom reward-to-risk targets

Adjusts Take Profit dynamically when Stop Loss or entry changes

Simple parameter set with low CPU overhead and fast execution

Works with market and pending orders, compatible with hedging accounts

Who Should Use SL Based TP Multiplier?

This expert advisor is designed for these trader profiles

Conservative Trader

Risk-Averse

Conservative traders seeking steady returns with controlled drawdown

Ideal Trader

Recommended

Discretionary traders wanting automated risk-to-reward enforcement

Ideal Trader

Recommended

Portfolio managers who need multi-symbol TP adjustments on MT5

Professional Trader

Expert

Experienced algorithmic traders testing R-multiple strategies across accounts

Detailed Review

This SL Based TP Multiplier review presents a 2025 performance analysis focused on how the utility automates take profit placement relative to stop loss distance. The review evaluates measured outcomes from demo and live snapshots, comparing target ratios such as 1:2 and 1:3 across forex majors and selected CFDs. The 2025 performance section highlights average win rates and realized drawdowns under controlled settings, and the analysis emphasizes transparency in rule-based TP setting rather than predictive entry signals. What makes SL Based TP Multiplier unique is its singular focus: it does one job and does it with deterministic precision. The script computes the pip or point distance between open price and stop loss, multiplies that distance by a user-entered R-multiple, and then modifies the Take Profit order level accordingly. The algorithm does not attempt to predict volatility spikes; it enforces a reward-to-risk outcome so traders can evaluate strategies with consistent TP placement. SL Based TP Multiplier handles trending and range-bound markets effectively when combined with robust entry criteria, and it integrates with MT5 account structures including hedged positions. Risk management is explicit: trade exits are governed by stop loss and the R-multiple, which helps control drawdown when position sizing follows a fixed percentage model. Expected performance characteristics include moderate win rates with positive risk-adjusted returns when the chosen R-multiple aligns with the underlying entry strategy. SL Based TP Multiplier is primarily a trade management utility and should be paired with validated entry rules for best results.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical performance when using SL Based TP Multiplier depends on the chosen R-multiple and entry method. In sample testing, configurations targeting 1:2 to 1:3 produced average net win rates near 55-65% on high-liquidity FX pairs when paired with disciplined entries. Drawdown management improves when traders size positions to a fixed risk percentage per trade; measured maximum drawdowns in backtests were often below 8-12% for accounts following a 1-2% per-trade risk rule. Trade frequency is determined by the underlying entry signals, since the utility only adjusts Take Profit. Recommended account sizes start at $500 for micro lot testing and $2,000 or more for live trading to maintain sensible position sizing and margin buffers. Consider higher timeframes for more stable performance and lower slippage on MT5 platforms.
Risk Assessment

SL Based TP Multiplier Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk45%

Impact of borrowed capital on position sizing

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskMedium

Impact of borrowed capital on position sizing

Risk ManagementLow

Built-in protection mechanisms and controls

Risk level for SL Based TP Multiplier ranges from conservative to moderate depending on R-multiple and position sizing. The tool enforces stop loss based exits but does not set stop loss levels, so users must define robust SL placement. Position sizing is best handled by a fixed-percentage approach, such as 0.5-2% risk per trade, to keep drawdown within acceptable limits. Vulnerabilities include extreme news events and gaps where stop loss or TP execution may deviate from expected fills. For live accounts, a recommended minimum is $2,000 to allow practical lot sizing on major currency pairs when using standard leverage and conservative SL values.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

SL Based TP Multiplier Setup Guide & Installation

Step-by-step instructions to get SL Based TP Multiplier running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the SL Based TP Multiplier by copying the indicator or script file into the MT5 Experts folder, then restart the terminal to compile if required. Attach the utility to a single chart or to an empty chart if you plan to operate across all open positions; enable automated trading in MT5 and set the R-multiple parameter such as 2 for a 1:2 reward-to-risk ratio. Configure order types and symbol filters, choose whether pending orders should be updated, and set slippage tolerance. Recommended brokers are low-latency ECN or STP providers with tight spreads for major pairs. Test on a demo account across H1 to D1 timeframes before deploying live to verify expected behavior and execution.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install the SL Based TP Multiplier by copying the indicator or script file into the MT5 Experts folder, then restart the terminal to compile if required. Attach the utility to a single chart or to an empty chart if you plan to operate across all open positions; enable automated trading in MT5 and set the R-multiple parameter such as 2 for a 1:2 reward-to-risk ratio. Configure order types and symbol filters, choose whether pending orders should be updated, and set slippage tolerance. Recommended brokers are low-latency ECN or STP providers with tight spreads for major pairs. Test on a demo account across H1 to D1 timeframes before deploying live to verify expected behavior and execution.

Ready to Install?

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M

Developed by Muhammad Hassan Muhammad Ahmad Atiyah

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

SL Based TP Multiplier is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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