Closing all orders immediately instead of one at a time

Hi All,

I wonder if somebody could help me out. I've been using a EA for the last little while that works great, except for the fact that it closes out the orders one at a time. This causes a problem if I'm trading some of the more volatile currencies, sometimes a profitable trade turns into a loss by the time all the trades have closed out.

How can I change the EA that the trades all close out instantaneously instead of one at a time? I remember playing around with an EA from here a little while ago that closed all orders like that, just wonder how to accomplish it in the one I'm using now.

Thanks in advance for the help!

I don't believe it's possible as tasks are executed as they arrive at the server and the next task will not happen until the previous one has succeeded or failed.

Lux

Not sure about that. The EA I'm using now works loosely on a martingale scenario and opens a new trade every X pips, when the final trade take profit all of them are closed, from newest to oldest, one at a time.

The previous EA I was using, which unfortunately just didn't have all the features of the new one, closed out differently. Each time it opened a new trade it changed all the previous trades TP levels to that of the latest trade, once one of the trades took profit they all did due to the fact that they all had the same TP level. Sure, there was minimal slippage, but not nearly what there is now. On average the slippage that I get closing the way I do now can range anything from 10 to 30 PIPS.

Hope this all made sense and thans for the contribution.

No what you want can't be done. I'm afraid an EA can only send 1 command at a time to the broker's server. which means trades can only be closed via EA in sequence and never simultaneously. unless like you said, its the case of them all hitting the same SL or TP. But that's not controlled by the EA but by your broker's server.

Just put this in the script folder and it will close all your trades when you double click on it!!!!!!!!!!!!!!

in metatrader orders have to be closed one by one. you can close partial orders, tho. not that it helps in this case.

I don't know much about EAs but shouldn't it be possible to keep a count of all the orders opened and then when the close command is sent use the count to close all orders at once. Here is an example five long trades are initiated and after each one is complete the counter increases by one, Then the single close command would be sell 5x the standard number of lots traded. This should work unless you are using hedging or the number of lots changes from trade to trade.

that's not what the threadstarter wants

unfortunately, most MT4 brokers don't work that way. when you place short orders in presence of long orders. they don't cancel each other off. you'll just have both long and short trades running in your trade pool.

What you've talked about is more of ECN type of execution.