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Close Manager MT5

Close Manager EA for MetaTrader 5

Introduction:

Welcome to the Close Manager EA, an essential tool designed exclusively for MetaTrader 5. This expert advisor has been meticulously crafted to streamline and enhance the trade closure process. Whether trades are initiated manually or by other EAs, this tool offers a diverse range of customizable criteria, empowering traders with enhanced control over their trade exits.

You can find the MT4 version here

Key Features:

  • Logs Capture (SHOW_LOGS): Enable or disable detailed logging for comprehensive trade closure analysis.

  • Magic Number Control (ENABLE_MAGIC_NUMBER, MAGIC_NUMBER_INPUT): Effortlessly manage and identify trades via a designated magic number, ensuring seamless integration with both manual and automated trading strategies.

  • Pending Order Deletion (DELETE_PENDING_ORDER_AFTER, DELETE_PENDING_ORDER_AFTER_BARS): Define the timeframe or number of bars after which pending orders should be automatically removed.

  • Profit and Loss Strategy (PROFIT_AMOUNT, LOSS_AMOUNT, PROFIT_PERCENT, LOSS_PERCENT): Set fixed or percentage-based profit and loss thresholds to facilitate automated profit-taking or loss management.

  • Close Timing (CLOSE_AFTER_N_CANDLE): Specify the number of candles before initiating automatic trade closure.

  • Max Drawdown Management (MAX_DRAWDOWN_PERCENT, MAX_DRAWDOWN_AMOUNT): Implement safeguards against excessive drawdowns by setting maximum drawdown percentages or fixed amounts.

  • Daily, Weekly, and Monthly Limits (DAILY_STOP, DAILY_TARGET, WEEKLY_STOP, WEEKLY_TARGET, MONTHLY_STOP, MONTHLY_TARGET): Define specific stop and target levels on a daily, weekly, and monthly basis for disciplined trading.

Functionality:

The Close Manager EA offers traders a wide array of customizable options for automating trade closures based on diverse criteria. It ensures precision and efficiency in managing trade exits according to predefined parameters. With its flexibility in handling various trade closure scenarios, this EA empowers traders to enforce disciplined trading practices and robust risk management strategies.

Conclusion:

The Close Manager EA for MT5 is a powerful tool for traders seeking precise and strategic control over their trade closures. Its diverse settings and automated functionalities enable traders to execute predefined exit strategies accurately and efficiently. Take advantage of the automated trade closure capabilities and optimize your risk management practices by integrating the Close Manager EA into your MT5 platform today!

Disclaimer:

Before live deployment, thorough testing of the Close Manager EA in a demo account is strongly recommended. The EA developer holds no responsibility for any financial losses incurred while using this product. Trade responsibly and ensure compatibility with your trading strategy and risk tolerance before deploying it in live trading scenarios.


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Samuel Bandi Roccatello
5 (2)
Utilitys
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Eric Emmrich
4.75 (16)
Utilitys
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
DrawDown Limiter
Haidar, Lionel Haj Ali
5 (18)
Utilitys
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
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Levi Dane Benjamin
5 (1)
Utilitys
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HINN Lazy Trader
Georg Vahi
5 (1)
Utilitys
Set price targets, and leave everything else to HINN Lazy Trader! This tool is designed for automatic position sizing from specified levels to designated targets. Using a VPS is recommended (*). The demo version   limited in functionality, be sure to watch this video before using -->  https://youtu.be/geLQ6dUzAr8 A community for users, product discussion, update news, and first line of support are organized in a free Discord: https://discord.gg/zFhEZc7QDQ Use Webmoney For payments in cryptocu
Hedge Ninja
Robert Mathias Bernt Larsson
3 (2)
Utilitys
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CAP Strategy Builder EA MT5
MEETALGO LLC
4.33 (36)
Utilitys
The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow develop strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA   in this market place. You can use as trade
OrderManager MT5
Lukas Roth
4.87 (15)
Utilitys
Der   OrderManager , eine revolutionäre Hilfssoftware für den MT5 Verwalten Sie Ihre Trades wie ein Profi mit der brandneuen Order Manager-Hilfssoftware für MetaTrader 5. Entwickelt mit einem Fokus auf Einfachheit und Benutzerfreundlichkeit, ermöglicht Ihnen der Order Manager, das mit jedem Trade verbundene Risiko mühelos zu definieren und zu visualisieren. So können Sie fundierte Entscheidungen treffen und Ihre Handelsstrategie optimieren. Für weitere Informationen zum OrderManager, konsultiere
Trend Line Optimizer MT5
Evgenii Aksenov
4.56 (9)
Utilitys
This is an automatic parameter optimizer for the Trend Line PRO indicator Easily and quickly you will select the optimal parameters for your favorite Trend Line PRO indicator.  Optimization takes only a few seconds. The optimizer allows you to find the best parameters for each pair and period: Amplitude, TP1-TP3, StopLoss, as well as values for Time Filter and HTF Filter on the selected history section (Days)  To optimize different timeframes, you need a different range of history: M5-M15 set
KT Equity Protector MT5
KEENBASE SOFTWARE SOLUTIONS
5 (1)
Utilitys
KT Equity Protector EA consistently monitors the account equity and closes all the market and pending orders once the account equity reached a fixed equity stop loss or profit target.  After closing all trading positions, the EA can close all open charts to stop other expert advisors from opening more trading positions. Equity Stop-Loss If your current account balance is $5000 and you set an equity stop loss at $500. In this case, the KT Equity Protector will close all the active and pending
Trade Manager EA for MT5
Odaine Ramon Mcmillan
4.58 (12)
Utilitys
50% Off Today Only! Price Goes Back Up at 11 PM (EST) Marketkeys Trade Manager EA for MT5: Your Pathway to Forex Trading Mastery What Traders Are Saying: "Much better than lots of other trade managers I've tested..." – R Vdr "Saves me time from manually calculating lots sizes and risks...amazing support." – Richard Obi Efficiency and precision are paramount in Forex trading. Marketkeys Trade Manager EA for MT5 offers just that - a seamless interface combined with robust risk management tools
RiskGuard Management
MONTORIO MICHELE
5 (14)
Utilitys
ATTENTION the expert does not work in strategy tester, for a trial version visit my profile. Manual RiskGuard Management   RiskGuard management was born with the idea of ​​helping traders from their initial journey to becoming expert and aware traders. Compatible with any operating system whether Mac or Windows. The operations panel is integrated into the graph giving the possibility to choose size and position between right and left, while the various buttons light up when they can be used,
Seconds Chart MT5
Boris Sedov
4.53 (15)
Utilitys
Seconds Chart — timeframes in seconds for MetaTrader 5. The utility allows you to create charts in the MetaTrader 5 terminal with a timeframe in seconds. The timeframe on such a chart is set in seconds, not in minutes or hours. Thus, you can create charts with a timeframe less than M1. For example, S15 is a timeframe with a period of 15 seconds. You can apply indicators, Expert Advisors and scripts to the resulting chart. You get a fully functional chart on which you can work just as well as on
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Double Top And Bottom Indicator
Biswarup Banerjee
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Indikatoren
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2 (2)
Indikatoren
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4.5 (2)
Experten
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Biswarup Banerjee
Indikatoren
Day and Week separator is a very simple tool to show day and week separator lines from a specific time mentioned in the input. This is specially helpful for the trades who has time zone differences in their broker terminal. Let us take an example  If user know that at 7:00 in the chart his local time 00:00 then he will simply put 7:00 in the input . Separator lines will starts drawing from current day's 7:00 There is also a bold line for weekly separator
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Biswarup Banerjee
Indikatoren
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2 (1)
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Biswarup Banerjee
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Biswarup Banerjee
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Biswarup Banerjee
Experten
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GG TrendBar
Biswarup Banerjee
Indikatoren
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Angle of Averages
Biswarup Banerjee
Indikatoren
Angle of Moving Averages This indicator is very simple yet powerful concept which constantly calculate the slope of the current bar moving average with respect to the N bar before moving average value. This no only give a good entry and exit signal but also it shows traders the strength of the signal. It shows positive green histogram when market is moving toward upward direction and red histograms for downtrend. When large histograms found means market has  very strong trend. Inputs Available
Angle of Moving Average
Biswarup Banerjee
Indikatoren
Angle of Moving Averages This indicator is very simple yet powerful concept which constantly calculate the slope of the current bar moving average with respect to the N bar before moving average value. This no only give a good entry and exit signal but also it shows traders the strength of the signal. It shows positive green histogram when market is moving toward upward direction and red histograms for downtrend. When large histograms found means market has  very strong trend. Inputs Available
Angle Of Price
Biswarup Banerjee
1 (1)
Indikatoren
Angle of Price It is a trend following indicator. The idea behind this indicator is very simple. it calculates the angle of certain price type with its N candle back price type. When the price is moving toward upward direction positive angle histograms will be created and vice versa for downward direction. There are couple of price type supported in this indicator. Which is as follows Close Open High Low Median Typical Weighted When combined with other indicators it could be used as a very power
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Volume Oscilator Indicator
Biswarup Banerjee
Indikatoren
Volume Oscilator is a popular indicator available in trading view which is very popular among traders Definition The Volume Oscillator is an indicator made up of two Moving Averages (MA) surrounding volume, one being fast and the other slow. The slow volume MA value is then subtracted from the value of the fastlow Moving Average. The Volume Oscillator measures volume by analyzing the relationship between the two Moving Averages mentioned. When combined with other indicators it provides a very st
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Biswarup Banerjee
Utilitys
Risk Management Panel is unique to tool calculate your risk quickly and place trades based on your account money. There are two options for the user  Account Equity Account Balance Tools like these is specially useful when you have to take a quickly decision about your trade but dont have the time to calculate the risk. It works with magic number. So the advantage is a trade placed by this panel could be manipulated by the other expert advisors as well
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STM Trade Panel
Biswarup Banerjee
Utilitys
Simple trade manager panel is a very usefull utility which gives the trader a flexibility to place orders and close them by profit and loss amount . It also helps in trailing the profit with amount.  It works seamlessly on mt4 terminal. It has features to close specific order type or close all trades Features in nutshell Stoploss ,Takeprofit and Lot size control Book Profit based on amount Cut Loss based on amount Trail Profit after some time Close specific order Type Close all orders
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