Take Profit with defined lot size - script/idicator - not EA | Forex Factory

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Take Profit with defined lot size - script/idicator - not EA

  • #1
  • First Post: Mar 5, 2021 6:17am Mar 5, 2021 6:17am
Hello Traders!

I was wondering - is there a script or indicator of some sort that will work similar to MT4's TP but instead closing entire position will close only a part ?
For example at X price - close 0.04 lots out of 0.10 = 0.06 still open.
At the moment I'm using EA call OneClick Trader which has this option built-in but I don't want use this type of EAs any longer...
< I collect pips to afford a Starship ride >
  • #2
  • Mar 5, 2021 6:36am Mar 5, 2021 6:36am
Quoting BlackArt
Hello Traders! I was wondering - is there a script or indicator of some sort that will work similar to MT4's TP but instead closing entire position will close only a part ? For example at X price - close 0.04 lots out of 0.10 = 0.06 still open. At the moment I'm using EA call OneClick Trader which has this option built-in but I don't want use this type of EAs any longer...
If you don't want an EA, then you're left with the script way ... Indicators can't handle trading (open/close orders).
MT4/MT5 EAs/Indicators/Alerts coder
  • #3
  • Mar 5, 2021 6:39am Mar 5, 2021 6:39am
Quoting FerruFx
{quote} If you don't want an EA, then you're left with the script way ... Indicators can't handle trading (open/close orders).
thank you for quick response.
Understood.
So do you know any script which will do that ?
< I collect pips to afford a Starship ride >
  • #4
  • Mar 5, 2021 6:45am Mar 5, 2021 6:45am
Quoting BlackArt
{quote} So do you know any script which will do that ?
I'm sure there are plenty of this in EA form all over here on FF ... Not sure about script. That can be coded ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #5
  • Mar 5, 2021 6:48am Mar 5, 2021 6:48am
Quoting FerruFx
{quote} I'm sure there are plenty of this in EA form all over here on FF ... Not sure about script. That can be coded ...
yes, that is true. I found some EAs, but can't find any scripts
somebody please advise
< I collect pips to afford a Starship ride >
  • #6
  • Edited 8:20am Mar 5, 2021 7:34am | Edited 8:20am
Quoting GEfx
Not sure what kind of trading you do, but you could look at a trade manager like FX Synergy.
thank you, will do. However, at the moment I'm looking for something that is free of charge
While waiting for someone to advice about a scrpit, maybe there is an EA that will do the job but won't require to open a new position via that EA ?
What I mean by that is - I open a new position via MT4 but proper TP is set and manageable via recommended EA.
Any idea?
< I collect pips to afford a Starship ride >
  • #7
  • Last Post: Mar 12, 2021 5:44am Mar 12, 2021 5:44am
Quoting FerruFx
{quote} I'm sure there are plenty of this in EA form all over here on FF ... Not sure about script. That can be coded ...

hello ferru fx.I'm constantly stalking you.I've downloaded very useful indicators from you.you're very good at this.
I need your help with something.I need a EA.
trading will place pending orders 1 pip above and 1 pip below the opening price.
as an example, the opening price is 1,19200...1,19201 buy and 1,19199 sell....
if he moves from the buy position to the sell position, he will immediately close the Buy process and move to the sell process.
or, if the price passes from the sale process to the purchase process, it will close the sale process and switch to the purchase process.
in other words, stoploss will remain constant at -2 pips in buying and selling transactions.
That's it.
in EA ... lot size..stoploss...takeprofit..and it must be working hours(starting-end).I need to be able to manually adjust them as I want.
That's it.there's no indicator.
if you could build this robot, you'd make me really happy.Kindest regards
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