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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.


Comentários 1
imparfait1
19
imparfait1 2024.07.02 21:00 
 

Great tool, I just LOVE it! Thanks Petrov!

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Painel de Comércio Completo para o método "No Nonsense Forex": Este painel encapsula quase tudo o que necessitará para executar o seu próprio algoritmo NNFX, ajudando-o a negociar ainda mais rápido e fácil. Tem 3 partes: Painel de Símbolos Alterne rapidamente para qualquer símbolo nas suas tabelas, premindo o seu nome. Informações adicionais podem ser apresentadas no painel: negociações abertas actualmente, correlação dessas negociações com outros símbolos (excepto se o seu stop loss estiver no
Exp4 Duplicator
Vladislav Andruschenko
4.5 (20)
O Expert Advisor   repete   negociações e posições ou sinaliza um número predefinido de vezes em sua conta   MetaTrader 4   . Ele copia todas as negociações abertas manualmente ou por outro Expert Advisor. Copia sinais e aumenta muito a partir de sinais   ! Aumenta o lote de outros EAs. As seguintes funções são suportadas: lote personalizado para negociações copiadas, Stop Loss de cópia, Take Profit, uso de stop móvel. Versão MT5 Descrição completa +DEMO +PDF Como comprar Como instalar  
Bar Replay MT4
Hoang The Manh
3.43 (7)
Don't purchase before testing the Demo version first. DEMO version:   https://www.mql5.com/en/market/product/76917 __________________________________________________ This EA  - Tool allow you replay bar in Meta Trader 4 for back test. This Tool can back test in multi timeframe in only one chart. This Tool is very useful for Price action trader. It can work with Indicators, some indicators cannot works. So please download Demo to test before purchase.  Demo Version We do not accept refund in any
News Trader Pro
Vu Trung Kien
4.41 (17)
News Trader Pro é um robô único que permite a negociação com notícias pela sua estratégia pré-definida. Ele carrega pedaços de notícias de vários sites populares de Forex. Você pode escolher qualquer notícia e programar a estratégia para negociar, então o News Trader Pro vai operar com essa notícia através de uma estratégia selecionada automaticamente quando a notícia for publicada. As notícias dão a oportunidade de ter pips desde que o preço tenha um grande movimento com a publicação. Agora, co
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imparfait1 2024.07.02 21:00 
 

Great tool, I just LOVE it! Thanks Petrov!

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