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EA fix: Close all positions at profit target X

  • #21
  • Aug 6, 2015 5:06am Aug 6, 2015 5:06am
Quoting holdocu82
{quote} That's exactly what I have been looking for but close target should be the price, not money or pips. Just one price target. Is it possible?
I don't know if useful or not
http://www.forexfactory.com/showthre...46#post8144746

http://www.forexfactory.com/showthre...92#post8235392
Please Do Not PM Me With Coding Enquiries
  • #22
  • Aug 6, 2015 9:38am Aug 6, 2015 9:38am
Quoting Gumrai
{quote} I don't know if useful or not http://www.forexfactory.com/showthre...46#post8144746 http://www.forexfactory.com/showthre...92#post8235392
Gumrai thank you for the help but these EAs has targets for the profit or pips. It doesnt work for me because I have sl and pl levels on my trades and they continuosly change the amount of profit that makes it impossible to calculate the exact profit target. I just need it to kill everything at a certain price even it hits the price from above or below.
  • #23
  • Nov 22, 2016 6:35pm Nov 22, 2016 6:35pm
Hello guys, I need 'Auto close profit target with currency pair target'
example :
RING 1
PAIR 1: AUDUSD
PAIR 2: EURUSD
PAIR 3: EURAUD
TOTAL PROFIT: USD30.00

RING 2
PAIR 1 : EURUSD
PAIR 2 : GBPUSD
PAIR 3 : EURGBP
TOTAL PROFIT : USD30



If you have any available source please give me a link.
  • #24
  • May 8, 2017 1:48am May 8, 2017 1:48am
this close all position in profit have zero divide error in line 88
Sarswati is Lakshmi
  • #25
  • May 29, 2017 3:49am May 29, 2017 3:49am
hi theer guys i beleve i fount a ea is runing in profit some time is hard the take profit can any one add or change the code to add 3 simple option i need 3 thing take profit on dolar amount and normal tp + pip step and lot expoedent if any one can helo im wiling to share the mql file and teh wining seting by the way i fount th ea im not the creator
  • #26
  • Jun 7, 2017 9:51am Jun 7, 2017 9:51am
Quoting tradingviper
Hi Hedgehog, The code you have should work to close everything unless there is an error - like the price is too close or slippage is too great. I made a quick change that is more aggressive. If certain positions have errors, it just keeps trying - forever. I believe they will close eventually. I am not at my computer with MT4, so I was unable to compile it, but I think it is OK. Give it a shot. Viper {file}
This ea does not work any more, could some one fix it please?
  • #27
  • Oct 1, 2017 9:19am Oct 1, 2017 9:19am
Hello Programming Expert,

I need help to fix my code. I have created attached EA (through EABuilder.com) using price action and want to close all order at profit X. But EABuilder has limited functionality and can't close all open positions (Buy&Sell) at the same time. Would you be able to help to fix the code for me and attach mq4 file please? I don't have background programming skill nor MQL4 knowledge.

Sorry I used existing forums as I can't create new post as I am new member.

Thanks you in advance.

Regards,
Ken
Attached File(s)
File Type: mq4 4KB_Engulfing+CloseALL_Tst.mq4   11 KB | 862 downloads
  • #28
  • Nov 19, 2017 5:22am Nov 19, 2017 5:22am
Hi all, perhaps this is the right place.....
I'm looking for an EA that every 30/50 minutes looks my open trades and close only those in profit of 20 pips.
Do you know a similar EA? thanks
  • #29
  • Nov 20, 2017 3:58pm Nov 20, 2017 3:58pm
Quoting Paul9
Hi all, perhaps this is the right place..... I'm looking for an EA that every 30/50 minutes looks my open trades and close only those in profit of 20 pips. Do you know a similar EA? thanks

  • #30
  • Edited 6:44am Feb 12, 2018 6:29am | Edited 6:44am
Quoting fxdaytrader_
pls. try attached, I extended the onscreen-comment also 2 new external vars added, should be self-explanatory ... {file}
Hello everybody, this kind of EA is great, but I have a request ( if possible) to avoid that the EA close at profit 1 single open order ( I apply trailing profit / TP so is not necessary an EA) is it possible to add a kind of filter like that:


a) apply “Close everything” ONLY evaluating open orders (OP_BUY + OP_SELL)
b) MINIMUM number of open orders to apply “Close everything”( if Total Open Orders is < at this “value” no action will be performed)
ex. : 1 lot OP_BUY + 0.8 lot OP_SELL + 2.5 lot OP_BUY = 3 orders

Many thanks for your patience of reading :-), Lorenzo from Italy

P.S. maybe is the function altready present called " extern double ProftableTradeAmount = 1; // Only trades above this amount close out " Thanks again
Attached File(s)
File Type: mq4 Close all positions at profit target v1.1.mq4   8 KB | 1,581 downloads
  • #31
  • Feb 12, 2018 10:52am Feb 12, 2018 10:52am
Quoting lorenzo9530
{quote} Hello everybody, this kind of EA is great, but I have a request ( if possible) to avoid that the EA close at profit 1 single open order ( I apply trailing profit / TP so is not necessary an EA) is it possible to add a kind of filter like that: a) apply “Close everything” ONLY evaluating open orders (OP_BUY + OP_SELL) b) MINIMUM number of open orders to apply “Close everything”( if Total Open Orders is < at this “value” no action will be performed) ex. : 1 lot OP_BUY + 0.8 lot OP_SELL + 2.5 lot OP_BUY = 3 orders Many thanks for your patience...
I know this was dug up from a ancient thread, but I just wanted to add some comments since it's popping up again... Not only does the CloseAll function unnecessarily burn profits by incorrectly managing orders (literally pays unneccesary fees to the broker), but it also initiates a loop that can potentially lock the platform. Do not use this EA if you have real money on the line.
  • #32
  • Feb 12, 2018 12:46pm Feb 12, 2018 12:46pm
Hello Nicholishen, thank for your advice, I would have preferred have a EA coded with this options and could judge practically, because until now this EA has worked properly on my real money. Maybe I could ask in the section " Coding EA ". Many thanks, bye.
  • #33
  • Feb 12, 2018 1:15pm Feb 12, 2018 1:15pm
Quoting lorenzo9530
Hello Nicholishen, thank for your advice, I would have preferred have a EA coded with this options and could judge practically, because until now this EA has worked properly on my real money. Maybe I could ask in the section " Coding EA ". Many thanks, bye.
Just know that you are leaving money on the table when you use this. Personally, I wouldn't burn profits just to close a position when there's a way to close positions to avoid paying extra (unnecessary) fees. If you are comfortable giving your broker your profits by paying fees you shouldn't be paying, then by all means keep using this.
  • #34
  • Feb 12, 2018 1:22pm Feb 12, 2018 1:22pm
Quoting Nicholishen
{quote} Just know that you are leaving money on the table when you use this. Personally, I wouldn't burn profits just to close a position when there's a way to close positions to avoid paying extra (unnecessary) fees. If you are comfortable giving your broker your profits by paying fees you shouldn't be paying, then by all means keep using this.
I suppose we are talking about different brokers and different kind of trade: I have chosen a broker with a little higher spread but no commissions on order closure, so for me closing hedging orders that are in profit is "commissions free", and I would select to do that when are more than 1 order ( for example 3 orders running together) and the total profit is... 50 euro... so close everything... and I am ok to restart with a new trade. But my question is.... are you able to code that? Or anyone here is able to?
  • #35
  • Aug 31, 2018 2:36am Aug 31, 2018 2:36am
Quoting tradingviper
Hi Hedgehog, The code you have should work to close everything unless there is an error - like the price is too close or slippage is too great. I made a quick change that is more aggressive. If certain positions have errors, it just keeps trying - forever. I believe they will close eventually. I am not at my computer with MT4, so I was unable to compile it, but I think it is OK. Give it a shot. Viper {file}
great ea
  • #36
  • Aug 31, 2018 8:13am Aug 31, 2018 8:13am
can this be done with line drawn on screen that can be moved to adjust take profit?
  • #37
  • Jun 1, 2019 2:55am Jun 1, 2019 2:55am
Quoting taru
{quote} I've been looking for an EA to close a basket of trades at profit in pips. This EA is great but it considers ALL the trades on the account to calculate the profit. Can anyone modify the code so that the EA will close trades only on one pair.
me too...this ea would close trades only on one pair
thanks in advance
  • #38
  • Jun 24, 2019 5:01am Jun 24, 2019 5:01am
hello all, TradingViper has modified a "Close All Trades" EA at an instant when a Target X is hit. Under the Inputs "Profit Target", does this express as % Profit? Which means when the Trading Account reaches a X% Profit compounded, the EA will close out all Existing Trades at an instant? The existing trades may composite winning or losing trades.

A check if anyone can modify this EA to execute Close All Trades should the account "that hold all losing trades" reaches Y%? This scenario happens if just happen all my trades are terribly losing. So a "CUT OFF" Y% is there to salvage the losing account.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 57 KB
  • #39
  • Edited 8:12pm Sep 10, 2019 7:35pm | Edited 8:12pm
hi
is an Ea that close profit only (not all, not loss, not stop orders)
automatically every 1 min
or
when the profit is positive (auto detect is somehow)
also with an trailing stops
?
Everything flows. Learn to Earn.
  • #40
  • Oct 28, 2021 6:04pm Oct 28, 2021 6:04pm
Quoting tradingviper
Hi Hedgehog, The code you have should work to close everything unless there is an error - like the price is too close or slippage is too great. I made a quick change that is more aggressive. If certain positions have errors, it just keeps trying - forever. I believe they will close eventually. I am not at my computer with MT4, so I was unable to compile it, but I think it is OK. Give it a shot. Viper {file}
Hi I tried this ea and seems to work wellThere are 2 inputs
One is profit target
And the other is
Profitable trade amount
Can you tell me what the second input is?
Thanks
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