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Lot Partial Close

5

Lot Partial Close

Closes your trades automatically by a specific size and at a specific target defined by you.

Description:

The Lot Partial close is a MetaTrader 4 Expert Advisor designed to automate trading strategies with a focus on managing multiple open orders of different sizes. This EA is versatile, allowing users to customize key parameters to meet their specific trading preferences.

Key Features:

  1. Partial Close Functionality: The EA incorporates a partial close mechanism for the first target trade. When the profit on this trade reaches a specified adjustable level, a portion of the trade is automatically closed, securing profits while allowing the remaining position to continue.

  2. Full Close on Targets or Stops: For the second target trade, users can set adjustable take profit and stop loss levels in ticks. When these levels are reached, the entire second trade is closed automatically.

  3. User-Defined Parameters: Traders have the flexibility to set various parameters, including trade sizes, partial close amounts, profit targets, take profit levels, and stop loss levels. This allows for customization based on individual trading strategies and risk tolerance.

Usage Instructions:

  1. Configure the desired parameters such as trade sizes, profit targets, and stop loss levels in the EA settings.
  2. Attach the EA to the MetaTrader 4 chart corresponding to the trading instrument of interest.
  3. The EA will automatically manage open orders based on the specified parameters.

Note: Always conduct thorough testing in a demo environment before deploying the EA in live trading.

Risk Warning: Trading involves substantial risk and may not be suitable for everyone. Ensure proper risk management practices and consider the potential impact of slippage and market conditions on automated trading.

Settings Explained:

  • Set size of the trade (default is 1.0 lot)
  • Set what size of it to be closed at your desired target (default is 0.66 lot)
  • Set your first target (default is 100 points(10pips))
  • Set the size of the remainder of the trade (default is 0.34 lot) (ex. If your trade is 1.0 lot, you set it to partially close by 0.66, the remaining size of the trade should be 0.34)
  • Set the desired Take Profit target for the second part of the trade (default is 300points(30pips))
  • Set the desired Stop Loss target for the second part of the trade (default is -200points(20pips))


*** Your partial close size and the size of the reminder of the trade's sum should be equal to your original trade (0.66 + 0.34=1.0) ***
*Change any of your targets to 0 to disable them*
*Lot Partial Close works on already open orders*

EA Lot Partial Close works on all kinds of symbols: currency pairs, metals, commodities, cryptocurrencies.

Please test the Lot Partial Close on a demo account before you buy.

Do not hesitate to contact me with any questions regarding the EA.


Bewertungen 1
imparfait1
19
imparfait1 2024.07.02 21:00 
 

Great tool, I just LOVE it! Thanks Petrov!

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Dieses Produkt filtert alle Expert Advisors und manuelle Charts während der Nachrichtenzeit, sodass Sie sich keine Sorgen um plötzliche Preisschwankungen machen müssen, die Ihre manuellen Handels-Setups oder Trades, die von anderen Expert Advisors eingegeben wurden, zerstören könnten. Dieses Produkt wird auch mit einem vollständigen Order-Management-System geliefert, das Ihre offenen Positionen und ausstehenden Aufträge vor der Veröffentlichung von Nachrichten bearbeiten kann. Sobald Sie The New
Exp SafetyLock PRO
Vladislav Andruschenko
4.7 (27)
Utilitys
SAFETYLOCK ermöglicht es Händlern, starke Marktumkehrungen zu vermeiden, indem sie eine entgegengesetzte Order für eine bereits eröffnete Position setzen. Wenn ein Trader oder ein EA eine Position eröffnet, eröffnet SAFETYLOCK dafür eine entgegengesetzte Pending Order. Wenn die Position verlustbringend wird, wird die Pending Order aktiviert, wodurch eine Sperre entsteht. Mit dem EA können Sie die Ausgangsposition schließen, mit einem Trailing Stop arbeiten oder das Los multiplizieren. Sie könne
Forward Alert To Telegram
Trinh Dat
4.75 (12)
Utilitys
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
Ultimate No Nonsense Backtester
I Kai Wu
4.67 (21)
Utilitys
Ultimate No Nonsense FX Backtester - You can Run Forward Test Simulation with this tool! Do Not Download the Demo Here, Please Read Below! Step by Step Manual Guide PDF for this backtester PDF List of Commands(Shortcuts) for this backtester Ultimate NNFX Backtester is a powerful utility tool that significantly reduces the length of backtesting process for NNFX followers.  As well as for Forex traders that operates their entries and exits at the close of a candle and manage the risk using A
RiskManager
Roman Zhitnik
5 (2)
Utilitys
The Expert Advisor is a risk manager helping users to control their trading. In the settings, it is possible to specify the parameters at which the risk manager force closes the opened trades and closes the terminal as well, if it is needed to prevent opening trades on emotions, which do not correspond to the trading strategy. Link to Version for MetaTrader 5  Risk Manager settings Check limit to close   - check the equity limit Limit to close (account currency)   - equity limit that is checked
RedFox Copier Pro
Rui Manh Tien
4.75 (12)
Utilitys
FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
News Trade EA MT4
Konstantin Kulikov
4.38 (16)
Utilitys
Ich stelle einen nützlichen Roboter vor, den ich selbst seit mehreren Jahren benutze. Er kann sowohl im halbautomatischen als auch im vollautomatischen Modus verwendet werden. Das Programm enthält flexible Handelseinstellungen mit den Nachrichten des Wirtschaftskalenders. Es kann im Strategietester nicht überprüft werden. Es ist nur echte Arbeit. In den Terminaleinstellungen müssen Sie die Nachrichtenseite zur Liste der zulässigen URLs hinzufügen. Klicken Sie auf Dienstleistungen > Einstellun
Trades Manager MT4
Yohana Parmi
5 (3)
Utilitys
What Trades Manager can do for your trades . Collect all order positions into one chart (pict. 1). All orders will be grouped by pair symbol , sum of order positions, lots, running pips, and profit/losses. All orders will be summarized and displayed at the bottom of the panel. You can set target profit, stop loss and placing stop-profit automatically to each order (pict. 4). From one chart, it will be easier to monitor and manage all orders without moving to another chart. The green color is sur
Take a Break
Eric Emmrich
5 (28)
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
Price Action Trade Panel EA MT4
Juvenille Emperor Limited
5 (2)
Utilitys
Price Action Trade Panel MT4 berechnet den Saldo der Kauf-/Verkaufskraft jedes Symbols/Instruments basierend auf reinen Price Action-Daten der angegebenen (standardmäßig 8) vergangenen Kerzen. Auf diese Weise erhalten Sie die bestmögliche Marktstimmung, indem Sie die Preisbewegung von 32 Symbolen/Instrumenten überwachen, die auf dem Indikatorfeld verfügbar sind. Ein Kauf-/Verkaufsstärke-Niveau von über 60% ergibt ein recht solides Niveau für den Kauf/Verkauf des spezifischen Symbols (bei Verwen
Auswahl:
imparfait1
19
imparfait1 2024.07.02 21:00 
 

Great tool, I just LOVE it! Thanks Petrov!

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