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No Open Trades

DESCRIPTION
The ‘No Open Trades’ Expert Advisor is a dream come true to any mindful trader that knows that controlling risk is extremely vital to any successful trading plan. The ‘No Open Trades’ Expert Advisor closes all open trades in the account once the percentage loss you set is met. For example, if your account balance is $5,000 and you set the percentage loss to 5. This information has been passed to the Expert Advisor and it will close all open orders once the loss made is -$250 (which is 5% of $5,000). Once your account equity reaches $4,750 all open orders will be closed automatically.

The Expert Advisor is extremely dynamic. It stores your account balance at the time you start running the Expert Advisor, if for whatever reason the terminal closes and you re-open it while the Expert Advisor was running. It will continue to track the account growth based on the account balance that was there from the beginning and not the new account balance that is there once the MT4 Terminal was restarted like other systems usually do. 


‘No Open Trades' works in these financial markets;
Forex
Commodities
Cryptocurrency
Spot Metals
Indices 

Stocks


SETTINGS
Equity_Percentage_Loss – The percentage amount in numbers of the maximum amount of loss you allow being made on the account e.g. 5 (do not enter the negative (-) symbol for example (-5))
Reset_Balance_Everyday - Close all trades when the percentage risk is hit. Close any other trade that comes after that until the next day when the new balance and equity will be used.
Stop_EA_After_Loss_Is_Hit - Close all trades when the percentage risk is hit. The Expert Advisor stops closing trades after this.

Manualy_Stop_EA- Close all trades when the percentage risk is hit. Close any other trade that comes after that until the expert advisor is removed.


How it works
Attach the EA to any chart
Enter an Equity percentage loss value (E.g. if you want the system to close all open orders when it reaches negative five percent of the equity compared to the balance, you will put the number 5 into the text box and not -5)
In the fields that  are below ‘Equity_Percentage_Loss’ set the input type you want to use to ‘true’
The Expert Advisor will not work if all/more than one input type is used at the same time. (Place a screen shot of the example here)
o Once this happens you will be required to reattach the EA to the chart to be able to use it.
If any warning message box appears, you need to reattach the EA to a chart again to use it.
When the percentage loss is hit. The following values are displayed as an Alert;
o Start Balance
o Expected Percentage Loss
o Account Equity at Time Of Loss
These values above may be different. As trades are being closed the market is moving, as the market moves price changes. There may be a slight deviation from values displayed in the Alert and values in the account terminal because of this.
When using large lot size values. The next trade opened may cause the risk to go over the percentage loss set, which on occasion may make the percentage loss slightly greater.

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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
Summer 50% discount ($199 -> $99) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget tra
[跟单系统] T he most friendly Copier interactive interface, the most abundant easy-to-use functions, and the best Copy solution.    EASY   : Easy to use, load and select the Master or SLAVE to use easily  FAST:   Quickly copy orders, algorithmic optimal follow-up mechanism, priority calculation of new signals, priority queue processing received special signals Multiple:   1. Support multiple signals to be sent at the same time, multiple accounts can select multiple accounts to copy at the same time
TakePropips TradePad Pro
Eric John Pajarillaga Aldana
5 (4)
¡TakePropips TradePad Pro incluye un poderoso administrador comercial, un medidor de fortaleza de la moneda, herramientas de informes de cuentas, herramientas de gestión de riesgos y más! ¡Es uno de los gerentes y asistentes comerciales de forex más avanzados que jamás haya encontrado! Es la solución perfecta para los comerciantes que desean una forma más eficiente de administrar las transacciones comerciales. Puede descargar el manual de usuario en nuestra publicación de blog:   https://www.mql
It is a utility (Expert Advisors) that you can easily tweet from MetaTrader Support for "Twitter API v2 OAuth 2.0 with PKCE". Just add a few lines of code to the   Indicator ,   EA   or   Script   you create TweetHelper will tweet a message for you. Preparation: Please apply for a developer account to access the Twitter API. Please refer to the following for setting details and procedures. Example of code (script) for using TweetHelper https://www.mql5.com/ja/code/30967 MetaTrader settin
El MT4 to Discord Signal Provider es una herramienta fácil de usar y completamente personalizable diseñada para enviar señales de trading directamente a Discord. Esta herramienta transforma tu cuenta de trading en un proveedor de señales eficiente. ¡Personaliza los formatos de los mensajes para adaptarlos a tu estilo! Para facilitar su uso, selecciona entre plantillas pre-diseñadas y elige qué elementos del mensaje incluir o excluir. [ Demo ] [ Manual ] [ Versión MT5 ] [ Versión Telegram ] Con
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
Mentfx Mmanage
Anton Jere Calmes
5 (16)
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
TPSpro Trade PRO
Roman Podpora
5 (4)
An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
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