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Close Manager MT4

5

Close Manager EA for MetaTrader 4

Introduction:

The Close Manager EA is an essential tool designed to streamline trade closure processes in MetaTrader 4. This expert advisor is crafted to efficiently manage trade closures initiated manually or by other EAs using a set of diverse and customizable criteria. It aims to provide traders with enhanced control over their trades, optimizing exit strategies for better risk management and trade performance.

You can find the MT5 version here

Key Features:

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

  • Magic Number (ENABLE_MAGIC_NUMBER, MAGIC_NUMBER_INPUT): Identify and manage trades by a specific magic number, allowing seamless integration with manual and automated trading.

  • Delete Pending Orders (DELETE_PENDING_ORDER_AFTER, DELETE_PENDING_ORDER_AFTER_BARS): Define the duration or number of bars after which pending orders should be automatically deleted.

  • Profit and Loss Management (PROFIT_AMOUNT, LOSS_AMOUNT, PROFIT_PERCENT, LOSS_PERCENT): Set fixed or percentage-based profit and loss amounts for trade closure, facilitating automated profit-taking or loss limitation.

  • Close After N Candle (CLOSE_AFTER_N_CANDLE): Specify the number of candles after which trades should be closed automatically.

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

  • Maximum Trades Per Day (MAX_TRADES_PER_DAY): Limit the number of trades executed per day to manage trade frequency and exposure.

  • Daily, Weekly, and Monthly Targets and Stops (DAILY_STOP, DAILY_TARGET, WEEKLY_STOP, WEEKLY_TARGET, MONTHLY_STOP, MONTHLY_TARGET): Set specific daily, weekly, and monthly stop or target levels for disciplined trading.

Functionality:

The Close Manager EA provides traders with a wide range of customizable options to automate trade closure based on varied criteria. It ensures that trades are managed efficiently and strategically according to predefined parameters. With the ability to handle different trade closure scenarios, this EA empowers traders to enforce disciplined trading practices and risk management strategies.

Conclusion:

The Close Manager EA for MT4 is a vital tool for traders seeking precise control over trade closures. With its diverse settings and automated functionality, it enables traders to execute predefined exit strategies accurately and efficiently. Embrace the power of automated trade closure and optimize your risk management practices by deploying the Close Manager EA in your MT4 platform today!

Disclaimer:

It's advisable to thoroughly test the Close Manager EA in a demo account before live deployment. The EA developer bears no responsibility for any financial losses incurred while using this product. Trade responsibly and ensure compatibility with your trading strategy and risk tolerance before using it in live trading environments.


Recensioni 1
Keokone
444
Keokone 2024.12.01 22:27 
 

Thanks for sharing this app, it is very useful for risk management. Also in MT5

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Copiatrice->Interazione dell'interfaccia comoda e veloce, gli utenti possono utilizzarla subito       ->>>> Si consiglia di utilizzarlo su computer Windows o VPS Windows Caratteristiche: Impostazioni di copy trading diversificate e personalizzate: 1. È possibile impostare diverse modalità di lotto per diverse fonti di segnale 2. È possibile impostare diverse fonti di segnale per il copy trading forward e reverse 3. I segnali possono essere impostati con commenti 4. Se calibrare il lotto in base
Forward Alert To Telegram
Trinh Dat
4.73 (11)
Utilità
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
Exp SafetyLock PRO
Vladislav Andruschenko
4.7 (27)
Utilità
SAFETYLOCK è lo strumento ideale per i trader che desiderano proteggere le proprie operazioni da improvvise inversioni di mercato, impostando automaticamente un ordine opposto per ogni posizione aperta. Quando un trader o un EA apre una nuova posizione, SAFETYLOCK crea immediatamente un ordine in sospeso opposto. N el caso in cui la posizione inizi a generare perdite, l'ordine pendente viene attivato, bloccando la posizione e limitando così le perdite potenziali. Questo EA offre una gamma compl
Trend Line Optimizer
Evgenii Aksenov
4.06 (18)
Utilità
Questo è un ottimizzatore automatico dei parametri per l'indicatore Trend Line PRO Facilmente e rapidamente si selezionerà i parametri ottimali per il vostro indicatore preferito Trend Line PRO.  L'ottimizzazione richiede solo pochi secondi. L'ottimizzatore consente di trovare i migliori parametri per ogni coppia e periodo: Ampiezza, TP1-TP3, StopLoss, nonché i valori per Filtro tempo e filtro HTF nella sezione cronologia selezionata (Giorni)  Per ottimizzare tempi diversi, è necessario un div
Edge Zone EA
FXsolutions
5 (1)
Utilità
With this Expert Advisor you will follow the sound trading principle Buy Low and Sell High by default ! And you can do that even with a normal day job . You will be even able to trade on lower timeframes which you could never do without such an Expert Advisor. And the best thing is that you are in control! You can tell the Edge Zone EA where it has to enter and where it has to exit. And you can do that even many hours before the trade will occur . This EA is therefore an excellent assistant for
KT Equity Protector MT4
KEENBASE SOFTWARE SOLUTIONS
3.4 (5)
Utilità
KT Equity Protector EA monitora costantemente l'equità del conto e chiude tutti gli ordini di mercato e pendenti una volta che l'equità raggiunge un livello di stop-loss o un obiettivo di profitto predefinito.  Dopo aver chiuso tutte le posizioni, l’EA può chiudere tutti i grafici aperti per impedire ad altri expert advisor di aprire nuove operazioni. Stop-Loss sull'Equità Se il saldo attuale del tuo conto è di $5000 e imposti uno stop-loss sull'equità a $500, il KT Equity Protector chiuderà tu
PZ Triangular Arbitrage EA MT4
PZ TRADING SLU
1 (1)
Utilità
Una strategia di arbitraggio triangolare sfrutta le inefficienze tra tre coppie di valute correlate, piazzando transazioni di compensazione che si annullano a vicenda per un profitto netto quando l'inefficienza viene risolta. Un accordo prevede tre operazioni, lo scambio della valuta iniziale per una seconda, la seconda valuta per un terzo e la terza valuta per l'iniziale. Con la terza operazione, l'arbitraggio blocca un profitto a rischio zero dalla discrepanza che esiste quando il tasso di cam
Zone Trader MT4
LEE SAMSON
5 (2)
Utilità
Fai trading automaticamente su zone di supporto e resistenza o di domanda e offerta una volta identificate le aree chiave da cui vuoi fare trading. Questo EA ti consente di disegnare zone di acquisto e vendita con un solo clic e poi posizionarle esattamente dove ti aspetti che il prezzo cambi. L'EA monitora quindi quelle zone e farà trading automaticamente in base all'azione del prezzo che specifichi per le zone. Una volta che il trading iniziale è stato eseguito, l'EA uscirà in profitto nella
Auto Trade Copier
Vu Trung Kien
4.7 (90)
Utilità
Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
FSS Report
Bao Ying Huang
5 (2)
Utilità
This is a professional report statistical indicator, which can be counted by day, week, month, quarter, year, magic and comment, and display the growth curve. install: select "File" in your MT4 client,and open the folder "MQL4\indicators",then copy file "FSS_Report.ex4",reload MT4 and enjoy. Para List: UI_XY_Setting=21 UI_X_default=0 UI_Y_default=21 custom_title=FSS Report UI_reload_time_interval=5 report_time_from=0 report_time_to=0 filter_demo=____________symool, magic and comment, all supp
OrderManager MT4
Lukas Roth
4.68 (22)
Utilità
Presentazione del OrderManager : un rivoluzionario strumento per MT4 Gestisci le tue operazioni come un professionista con il nuovissimo utility Order Manager per MetaTrader 4. Progettato pensando alla semplicità e alla facilità d'uso, Order Manager ti permette di definire e visualizzare senza sforzo il rischio associato a ogni operazione, consentendoti di prendere decisioni informate e ottimizzare la tua strategia di trading. Per ulteriori informazioni sull'OrderManager, si prega di consultare
Account Info Manager MT4
Nina Yermolenko
5 (1)
Utilità
Account Info Manager (AIM)   is a utility designed to view information on the results of the work of advisors on a trading account. The utility can group orders by their magics or comments, thereby making it possible to analyze separately the results of the work of each Expert Advisor that traded on the account. Using this utility, you can view information on the number of orders opened by the advisor, percentage of winning orders, profit value, profit factor, average order size, maximum drawdo
CAP Strategy Builder EA
MEETALGO LLC
4.84 (31)
Utilità
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 adding more 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 trad
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Moving Average Crossover EA MT5
Biswarup Banerjee
Experts
Moving Average Strategy EA MT5 Welcome to the pinnacle of automated trading with the Moving Average Crossover EA for MetaTrader 5. This expert advisor is meticulously designed to harness the power of moving averages, offering traders a versatile solution for capturing trend reversals and potential entry points. With an array of customizable settings and robust features, this EA is set to redefine your trading strategies and amplify your trading experience. For detailed documentation    General
Brilliant Reversals Alert MT5
Biswarup Banerjee
5 (1)
Indicatori
Brilliant Reversal Indicator for MetaTrader 5 - Your Ultimate Alert-Driven Trading Solution Unlock unparalleled trading success with the "Brilliant Reversal Indicator" tailored for MetaTrader 5. This powerful tool has been meticulously designed to empower traders by identifying critical reversal opportunities with lightning-fast alerts. Key Features: Precise Reversal Detection: The Brilliant Reversal Indicator for MT5 specializes in pinpointing potential trend reversals, providing you with a str
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Biswarup Banerjee
5 (1)
Utilità
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Bollinger Band Reversal Ea Mt5
Biswarup Banerjee
Experts
The   Bollinger Band Strategy EA MT5   is an automated trading tool tailored to capture trading opportunities based on Bollinger Bands' reversal conditions. This EA executes buy or sell trades upon detecting a bullish reversal near the lower band or a bearish reversal near the upper band. A bullish reversal is identified when the previous candle closes below the lower band, and the current candle closes above the lower band, transitioning from a red to a green candle. Conversely, a bearish reve
Candlestick Pattern Alert MT5
Biswarup Banerjee
Indicatori
MT5 Candlestick Pattern Alert Indicator: Enhance Trading Precision and Speed Overview The MT5 Candlestick Pattern Alert Indicator stands as a robust solution tailored to empower traders by swiftly detecting candlestick patterns and delivering timely alerts through various channels. This advanced tool facilitates efficient analysis of patterns, enabling traders to seize potential profitable trades promptly. Significance of Candlestick Patterns Candlestick patterns play a pivotal role in technical
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Grid Trade Manager MT5
Biswarup Banerjee
5 (1)
Utilità
Product Name: Grid Trade Manager MT5 Description: The Grid Trade Manager EA for MetaTrader 5 is meticulously crafted to oversee trades employing a grid trading strategy. It strategically places a sequence of pending buy and sell orders at predefined intervals, forming a grid pattern. This EA vigilantly monitors market fluctuations, dynamically adjusting the grid to optimize potential profits. Additionally, it incorporates robust risk management features to control grid size and curtail potential
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GG TrendBar
Biswarup Banerjee
Indicatori
GG TrendBar Indicator - Your Multitimeframe ADX Trading Solution Experience the power of multi-timeframe trading with the "GG TrendBar MT5 Indicator." This versatile tool, built upon the ADX indicator, offers precise insights by considering multiple timeframes, ensuring you make well-informed trading decisions. Basic Details : Indicator Type : GG TrendBar Indicator (Multi-Timeframe ADX) Key Metrics : Real-time ADX analysis across multiple timeframes. Customization : Enable or disable specific ti
Super Trend Alert
Biswarup Banerjee
Indicatori
Super Trend Alert Indicator for MT5 is a powerful tool designed to help traders identify and follow market trends with precision. This indicator uses a proprietary algorithm to analyze price movements and provide clear trend signals, making it suitable for traders across all experience levels. You can find the MT4 version here Key features of the Super Trend Indicator include: Advanced trend analysis with real-time market scanning to detect potential trend directions. Real-time alerts that not
FREE
Consecutive Candle Indicator MT5
Biswarup Banerjee
Indicatori
Introducing the Consecutive Green/Red Candle Alert Indicator for MT5 - Your Trend Spotting Companion! Are you ready to take your trading to the next level? We present the Consecutive Green/Red Candle Alert Indicator, a powerful tool designed to help you spot trends and potential reversals with ease. Whether you're a new trader looking for clarity in the market or an experienced pro seeking additional confirmation, this indicator is your trusted companion. Key Features of the Consecutive Green
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SuperTrend Alert
Biswarup Banerjee
Indicatori
Super Trend Alert Indicator for MT4 is a powerful tool designed to help traders identify and follow market trends with precision. This indicator uses a proprietary algorithm to analyze price movements and provide clear trend signals, making it suitable for traders across all experience levels. You can find the MT5 version   here You can find the MT5 version here   SuperTrend Multicurrency Scanner MT5 Download the Expert Advisor    Supertrend Strategy EA MT5 Key features of the Super Trend Indic
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Double Top And Bottom Indicator
Biswarup Banerjee
Indicatori
Double top and bottom indicator is a pattern scanning indicator which scans the tops and bottoms using zig zag pattern. When it find price bouncing back from the same point twice after a long trend then it generate arrow signals whenever the last resistance points is broken for double bottom and last support price broken for double top. Unlike other top bottom scanner it does not give only 1 signal. it alerts user when ever the last support /resistance is broker from double top/bottom pattern un
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Nadaraya Watson Envelop Alert
Biswarup Banerjee
4.67 (3)
Indicatori
The Nadaraya Watson Envelop indicator for MT5  is a popular tool used by traders to identify trends and potential buy/sell signals. The indicator is based on a non-parametric regression model that uses kernel smoothing to estimate the underlying trend of the market. The resulting envelopes are then plotted around the trend line, providing traders with an indication of where prices are likely to fluctuate. One of the key features of this indicator is its ability to send alerts, emails, and notifi
Hedge Trade Manager MT5
Biswarup Banerjee
Utilità
Product Name: Hedge Trade Manager MT5 Description: The "Hedge Trade Manager" EA for MetaTrader 5 is a sophisticated solution designed to adeptly manage trades through a hedge trading strategy. With a range of configurable settings, this EA provides comprehensive control over hedge trades. The documentation below outlines the various inputs and parameters to assist you in customizing the EA to suit your trading preferences. Overall Settings/Input Guide Name Setting Description General Settings Ma
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Candlestick Patterns Alert
Biswarup Banerjee
Indicatori
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Trailing Stop and Breakeven Manager
Biswarup Banerjee
Utilità
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MT4 Local Trade Copier Pro
Biswarup Banerjee
3.58 (12)
Utilità
About The Product This is an mt4 expert advisor which will let the end user to copy trades from a source mt4 account to N different mt4/mt5 account in the same pc. It is specially useful when you want to copy your trades from an account to several client account or accounts which will have different parameter for those trades. This product provides options to copy trades with different options as well as copy them in reverse. Note: Download and test the    MT4 Local Trade Copier Pro     demo ve
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Biswarup Banerjee
2 (1)
Utilità
About The Product This is an MT5 expert advisor which will let the end user to copy trades from a source mt5 account to N different mt5/mt4 account in the same pc. It is specially useful when you want to copy your trades from an account to several client account or accounts which will have different parameter for those trades. This product provides options to copy trades with different options as well as copy them in reverse. Note: Download and test the  MT5 Local Trade Copier Pro   demo versio
Fibonacci Levels Alert
Biswarup Banerjee
Indicatori
The MT4 indicator that we are describing is designed to provide traders with an alert, notification, and email when Fibonacci levels are crossed. The Fibonacci levels are calculated based on the zigzag indicator, which helps to identify potential trend reversals in the market. When the indicator detects that a price has crossed a Fibonacci level, it will trigger an alert and send a notification to the trader's MT4 mobile app. Additionally, the indicator can be configured to send an email to the
FREE
Fill The Gap Grid
Biswarup Banerjee
Experts
This is a pure grid strategy which completely works on pricelevel. So the idea behind this simple algo is when it starts it places 6 orders.  Buy- Current price Sell- Current price BuyStop-  Current price+ Some Pip Configurable distance Sell Limit -   Current price+ Some Pip Configurable distance BuyLimit-    Current price- Some Pip Configurable distance SellStop -     Current price- Some Pip Configurable distance When any order hits its take profit it fill the gap with pending order. and When
Telegram Signal Sender
Biswarup Banerjee
5 (1)
Utilità
Whether you're a seasoned forex trader or just starting, Telegram Signal Sender is a must-have tool for anyone looking to start their telegram channel as a forex signal provider. With its user-friendly interface and advanced features, you can easily set up your signals and watch as your followers start to grow. So, what are you waiting for?  Features:  Highly customizable panel for calculating stop loss and take profit values  User-friendly interface for easy setup of forex signals Ability to se
Nadaraya Watson Envelope EA
Biswarup Banerjee
Experts
Nadaraya Watson Envelope Strategy EA MT4 is a single-currency expert advisor designed for traders focusing on trend reversals using the Nadaraya-Watson Envelope indicator. By identifying price reversals at the envelope's bands, the EA provides a robust yet straightforward trading strategy for specific markets. For detailed documentation  Overall Settings/Input Guide   |   Indicator Settings, Backtest and Set files  You can download the MT5 version here  Nadaraya Watson Envelope EA MT5 High Leve
Balance Martingale MT5
Biswarup Banerjee
Experts
This is very simple strategy based on martingale and reverse martingale strategy. When Ea keeps on winning it multiplies with winning multiplier ,when it has a loosing streak it multiplies with loosing multiplier. Whenever cycle goes from winning to loosing or vice versa the lot size will be reset to default one. This will keep the risk minimized as we are using it for both side. Also when we are in loosing streak we keep on changing the order type from its previous example. For detailed documen
Close Manager MT5
Biswarup Banerjee
5 (1)
Utilità
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
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Ultimate Trade Panel MT5
Biswarup Banerjee
5 (1)
Utilità
Introducing the Ultimate Trade Panel MT5 - Your All-in-One Trade Manager for MQL5 Trading Are you a trader looking to streamline your trading activities and gain a competitive edge in the market? Look no further! The Ultimate Trade Panel MT5 is here to revolutionize your trading experience on the MQL5 platform. With a plethora of unique and time-saving features, this expert advisor is designed to be your reliable companion for day-to-day trading activities. Key Features: Indicator Manager: Say g
Account Trailing Stop Manager MT5
Biswarup Banerjee
Utilità
Account Trailing Stop Manager MT5 Description: The "Account Trailing Stop Manager MT5" EA is designed to automatically calculate and remember the profit of the entire account or specific magic number, and trail it like a trailing stop loss. When the current profit becomes lower than the last saved profit, it will close all trades. This EA provides a convenient way to manage trailing stops for your account. For detailed documentation  Overall Settings/Input Guide   High Level Overview of Feature
FREE
Day and Week Separator
Biswarup Banerjee
Indicatori
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
FREE
STM Trade Panel
Biswarup Banerjee
Utilità
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
FREE
Angle Of Price
Biswarup Banerjee
1 (1)
Indicatori
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
FREE
Volume Oscilator Indicator
Biswarup Banerjee
Indicatori
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
FREE
Pip Movement Alert
Biswarup Banerjee
Indicatori
This is  a basic indicator which is very useful for professional traders. The idea is to track every X pip movement in any symbol. It is a multicurrency indicator. So it will track the pip movements in all specified symbols. When there is absolute pip value price will appear (e.g 1.178500, 1.178600, 1.178700 ) it will signal the user in alert, mobile app and notification This pip step is configurable. This will help identify sudden movement in market as there will be lots of signals at that time
FREE
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Keokone
444
Keokone 2024.12.01 22:27 
 

Thanks for sharing this app, it is very useful for risk management. Also in MT5

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