Basket Writer EA V7

Basket-level trade management utility · TP/SL/break-even across all positions · MT4

About Basket Writer EA V7

The Basket Writer EA V7, distributed via fxcracked.org, is a trade-management utility for MetaTrader 4 that combines profit harvesting with account protection. Rather than generating its own entry signals, it manages your overall trading account's profit and loss at the basket level — considering all open positions together rather than one trade at a time.

It provides basket-level take profit, stop loss, break-even, and trailing stop-loss settings, and allows traders to exclude specific trades from basket management based on magic number or symbol. It can also automatically close all trades and charts once the account's equity reaches predefined levels, giving centralised control over risk across multiple simultaneously open positions.

Platform: MetaTrader 4
Type: Trade-management utility (not a signal-generating EA)
Function: Basket-level TP/SL, break-even, trailing stop across all open positions
Customisation: Exclude trades by magic number or symbol; equity-based auto-close
Version: 7
Usage: Attach to a separate chart, enable Auto Trading, configure TP/SL/break-even levels
Source: fxcracked.org · Basket Writer EA V7

Key Features

✓ Basket-level risk management — protects your overall account P&L, not just individual trades

✓ Flexible exclusion rules — filter by magic number or symbol to control exactly what it manages

✓ Equity-based auto-close — automatically closes everything once a defined equity threshold is hit

⚠ This is a management tool, not a standalone strategy — pair it with your own entries or another EA's signals

Download EA WhatsApp Support Telegram Channel