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Close Manager MT4

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.


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3.5 (4)
Utilità
Invia segnali completamente personalizzabili da MT4 a Telegram e diventa un fornitore di segnali! Questo prodotto è presentato in un'interfaccia grafica facile da usare e visivamente accattivante. Personalizza le tue impostazioni e inizia a utilizzare il prodotto in pochi minuti! Guida utente + Demo  | Versione MT5  | Versione Discord Se desideri provare una demo, consulta la Guida utente. L'invio da MT4 a Telegram NON funziona nel tester di strategia. Caratteristiche di MT4 a   Telegram P
OrderManager MT4
Lukas Roth
4.67 (21)
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
Grid Manual MT4
Alfiya Fazylova
4.72 (18)
Utilità
Grid Manual è un pannello di trading per lavorare con una griglia di ordini. L'utilità è universale, ha impostazioni flessibili e un'interfaccia intuitiva. Funziona con una griglia di ordini non solo nella direzione delle perdite, ma anche nella direzione dell'aumento dei profitti. Il trader non ha bisogno di creare e mantenere una griglia di ordini, lo farà l'utilità. È sufficiente aprire un ordine e il manuale di Grid creerà automaticamente una griglia di ordini per esso e lo accompagnerà fino
Basket EA MT4
Juvenille Emperor Limited
5 (5)
Utilità
Basket EA MT4 è il miglior raccoglitore di profitti e il massimo protettore dell'account, il tutto in un'unica soluzione molto semplice da usare. L'idea alla base di Basket EA ΜΤ4 è quella di poter controllare i profitti e/o le perdite complessivi del tuo conto di trading a livello di paniere, per tutte le tue posizioni aperte combinate. Offre impostazioni di take profit, stop loss, break even e trailing stop loss in percentuale del saldo del conto o nella valuta del conto (in denaro) per tutte
KT Equity Protector MT4
KEENBASE SOFTWARE SOLUTIONS
3.25 (4)
Utilità
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
Mentfx Mmanage
Anton Jere Calmes
5 (15)
Utilità
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
Second Chart the Time Frame in Seconds
Boris Sedov
4.8 (5)
Utilità
Seconds Chart — timeframes in seconds for MetaTrader 4. The utility allows you to create charts in the MetaTrader 4 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
Copy Evolution
Antonis Michos
Utilità
Join the Out of the Box Telegram Group search for "Out of the Box" on Telegram or contact me This is not just a simple copier program that ONLY allows you to locally copy transactions between different MetaTrader 4 a accounts in any direction and quantity as quickly and easily as possible .Of course it does that. This copier DOES MUCH MUCH MORE!!! PLEASE READ BELOW AND SEE SCREENSHOTS. Many of us have martingale EAs or none martingale that are good but some point you wish to had opened
Trading box Technical analysis
Igor Zizek
5 (37)
Utilità
Summer 40% discount ($149 -> $88) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extend
Partial Closure EA MT4
Juvenille Emperor Limited
5 (3)
Utilità
Chiusura Parziale EA MT4 può chiudere parzialmente qualsiasi operazione sul tuo conto di trading, manualmente di una certa percentuale % della dimensione del lotto e/o del ticket di scambio o automaticamente in percentuale % del livello TP/SL per una percentuale % della dimensione iniziale del lotto in 10 livelli di take profit e 10 di stop loss. Può gestire tutte o alcune delle operazioni del tuo account, specificando o escludendo determinate operazioni con numeri magici o simboli. Suggerime
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
Eezeorder 2
Tawanda Tinarwo
5 (2)
Utilità
NEW VERSION!  NB: IF YOU ARE USING A VERY HIGH RESOLUTION MACHINE AND THE EA DISPLAY LOOKS TOO SMALL, CONTACT ME SO I CAN HELP YOU. Open Multiple Trades on MT4 in 1 click at one price. Enter the Lot size Specify the number of trades you want to open Choose whether you want TP SL or Trailing Stop Once you are done, click Buy or Sell Open Multiple Pending Orders on MT4 in 1 click at one price. Enter the Lot size Specify the gap from the current price, where you want to place the pending order Spe
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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 notific
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
Ultimate Trade Panel MT5
Biswarup Banerjee
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
Moving Average Crossover EA MT5
Biswarup Banerjee
Experts
Product Name: Moving Average Crossover EA MT5 Description: 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 detaile
RSI OverBought OverSold EA MT5
Biswarup Banerjee
4.5 (2)
Experts
RSI Trader Expert Advisor for MetaTrader 5 Introduction: Welcome to the RSI Trader EA, an advanced tool designed exclusively for MetaTrader 5. This expert advisor streamlines trading activities by harnessing the power of the Relative Strength Index (RSI) indicator, automating trade entries and exits based on overbought and oversold conditions. The EA also facilitates reverse trading setups within these zones, offering a versatile approach to managing trades. For detailed documentation  Overall S
CCI OverBought OverSold EA MT5
Biswarup Banerjee
Experts
CCI OverBought OverSold EA MT5 Overview: The CCI OverBought OverSold EA for MT5 automates trading activities based on the Commodity Channel Index (CCI) indicator's overbought and oversold conditions. It allows seamless execution of buy and sell trades upon CCI entry or exit into these predefined zones. Additionally, it offers the flexibility to reverse trade setups within these regions. For detailed documentation    General Settings/Input Guide  |   Indicator Settings, Backtest and Set files  
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
FREE
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
FREE
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
FREE
Knoxville Divergence EA
Biswarup Banerjee
Experts
The Knoxville Divergence EA uses advanced algorithms to analyze market indicators and identify profitable trading opportunities. It places trades based on the indicator values and is able to enter and exit trades quickly and efficiently, ensuring that traders are always on the right side of the market. In addition to its advanced trading capabilities, the Knoxville Divergence EA also incorporates a grid and martingale strategy for loss recovery. This means that if a trade goes against the trader
Make Your Own Index
Biswarup Banerjee
Indicatori
Creating an Index: Importance, Customization, and Weighting Options for MT5 Trading Indicator Designing your index is crucial for efficient symbol tracking in the world of trading. With a powerful MT5 trading indicator, you gain the flexibility to construct an index that suits your preferences, whether it's an equal weighted or custom weighted one. Unlike widely-known indexes like the S&P 500, which heavily favor certain winners, this indicator empowers you to curate a basket of symbols and assi
Directional Volatility and Volume Oscillator MT5
Biswarup Banerjee
Indicatori
Directional Volatility and Volume Oscillator for MetaTrader 5 - Master Market Dynamics Discover the power of precision trading with the "Directional Volatility and Volume Oscillator" meticulously designed for MetaTrader 5. This advanced tool combines the insights of directional analysis, volatility measurement, and volume tracking to provide you with unparalleled market understanding. Basic Details : Indicator Type : Directional Volatility and Volume Oscillator for MetaTrader 5 Key Metrics : Rea
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
Candlestick Patterns Alert
Biswarup Banerjee
Indicatori
MT4 Candlestick Pattern Alert Indicator: Stay Ahead of Trading Opportunities Overview The MT4 Candlestick Pattern Alert Indicator is a robust tool designed to empower traders by detecting candlestick patterns and delivering timely alerts through notifications, emails, and pop-up alerts. This invaluable tool saves traders precious time, allowing focused analysis on patterns and potential profitable trades. Importance of Candlestick Patterns Candlestick patterns are pivotal in technical analysis,
FREE
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
FREE
Trailing Stop and Breakeven Manager
Biswarup Banerjee
Utilità
Product Name: Trailing Stop and Breakeven Management EA Description: This EA (Expert Advisor) is designed to set trailing stops and breakeven levels for trades based on input parameters and a magic number in MT5. It can be used to manage trades placed manually or by any other EA. The EA allows customization of various settings to suit your trading strategy. General Settings: Enable Magic Number (ENABLE_MAGIC_NUMBER): Enable to use a magic number for trades. Set to false for manual trades. Magic
FREE
Bollinger Band Scanner MT5
Biswarup Banerjee
Indicatori
Welcome to the next level of trading sophistication with the Bollinger Bands Scanner for MT5! Elevate your trading experience and unlock enhanced insights and efficiency with our powerful MT5 indicator. Key Features: Effortless Bollinger Bands Scanning: Seamlessly harness the power of the Bollinger Bands Scanner to scan multiple assets effortlessly. Receive instant alerts when specific Bollinger Bands conditions are met, ensuring you're always ahead of market movements. Comprehensive Dashboard I
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 Featu
FREE
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
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
CCI Multicurrency Scanner MT5
Biswarup Banerjee
Indicatori
Welcome to the world of advanced trading with the CCI Multicurrency Scanner for MT5! Elevate your trading experience with our powerful MT5 indicator meticulously designed for seamless analysis and real-time insights. Key Features: Effortless CCI Scanning: Unlock the full potential of the CCI Multicurrency Scanner for MT5 by effortlessly scanning multiple currency pairs. Receive instant alerts when specific Commodity Channel Index (CCI) conditions are met, ensuring you stay ahead of market moveme
MT5 Local Trade Copier Pro
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
Close Manager MT5
Biswarup Banerjee
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
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
Balanced Martingale
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 example if we hav
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
STC Indicator
Biswarup Banerjee
Indicatori
STC Indicator  - Boost Your Trading Strategy with Smart Trend Confirmation Description: Enhance your trading strategies and maximize profitability with the STC Indicator for TradingView. Developed by industry experts, the STC Indicator (Schaff Trend Cycle) is a powerful technical analysis tool that combines the best of both trend-following and oscillator indicators to provide reliable buy/sell signals. With its unique algorithm, the STC Indicator effectively identifies trend cycles and confirms
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
Angle of Averages
Biswarup Banerjee
Indicatori
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
Indicatori
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
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