Closing an open position with a limit order

[makmax michel]

Hi guys,

If I have an open position with its TP and SL settled with OrderModify(), is it possible to close this position with a new limit order (like a new different TP) and so having at the same time two TP for the same order?

I think that if I have a buy order at market and then send a sell limit order with OrderSend() at the end I'd have two opposite orders and not the closing of the buy position with the sell limit. Isn't it?

Thanks a lot guy.

[Tjipke de Vries]

MakMax :

Hi guys,

If I have an open position with its TP and SL settled with OrderModify(), is it possible to close this position with a new limit order (like a new different TP) and so having at the same time two TP for the same order?

I think that if I have a buy order at market and then send a sell limit order with OrderSend() at the end I'd have two opposite orders and not the closing of the buy position with the sell limit. Isn't it?

Thanks a lot guy.

not with a limit order that has to become first a market trade

for sell and buy trades open and close read OrderCloseBy

[William Roeder]

You don't open opposing trades with mq4. You close the trade instead. If you want two TPs you can either A) open two orders or B) do a partial close of the existing. See my code

[makmax michel]

I was hoping there was a way of closing a trade using a limit order...Thanks guys!