broker with take profit for whole open positions | Forex Factory

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broker with take profit for whole open positions

  • #1
  • First Post: May 2, 2009 7:57am May 2, 2009 7:57am
any body can tell me of a broker who uses the feature of dealing with all open positions as a whole , I like to take profit when all open positions reach a pre determined profit.
  • #2
  • May 2, 2009 8:11am May 2, 2009 8:11am
Quoting omar1
any body can tell me of a broker who uses the feature of dealing with all open positions as a whole , I like to take profit when all open positions reach a pre determined profit.
There are EAs that does that. And no broker offer this option anyway.

And WRONG SECTION !
  • #3
  • May 2, 2009 8:37am May 2, 2009 8:37am
FXSOL, FOREX.COM, GCI ...to name a few
  • #4
  • May 3, 2009 12:40am May 3, 2009 12:40am
FXCM has that feature
  • #5
  • May 3, 2009 1:55am May 3, 2009 1:55am
Oanda as well.
  • #6
  • May 3, 2009 11:15am May 3, 2009 11:15am
Quoting melpheos
There are EAs that does that. And no broker offer this option anyway.
Quoting Xaron
Oanda as well.
I think i misunderstood the question. Yet i dont see this option on my Oanda account. Can you point it out ?
  • #7
  • May 3, 2009 9:32pm May 3, 2009 9:32pm
Quoting melpheos
I think i misunderstood the question. Yet i dont see this option on my Oanda account. Can you point it out ?
It is there. If you go to the tab 'Positions' as compared to 'Trades' you will see that all individual positions for one currency pair are totalled together and you can close them all at once from there. Haven't use Oanda for a while and can't be sure whether you have to just click on it or right click but I know I have done it before.
  • #8
  • May 4, 2009 2:39am May 4, 2009 2:39am
I mean i like the open positions to close automatically when a predetermined profit reached.
  • #9
  • May 4, 2009 4:18am May 4, 2009 4:18am
Quoting omar1
I mean i like the open positions to close automatically when a predetermined profit reached.
Do a search for Swiss Army EA.This is what you are looking for.
  • #10
  • May 4, 2009 5:17am May 4, 2009 5:17am
Quoting melpheos
I think i misunderstood the question. Yet i dont see this option on my Oanda account. Can you point it out ?
You can either set an opposite position (e.g. sell limit if you're long) or just do a right click at the chart and set a tp for all open positions - either relative or not.
  • #11
  • May 5, 2009 9:37am May 5, 2009 9:37am
[quote=Xaron;2711156]You can either set an opposite position (e.g. sell limit if you're long) or just do a right click at the chart and set a tp for all open positions - either relative or not.[/quote please can you tell me which broker I will use this feature with since I am using OANDA , and it doesnt have tp for all open positions . thnks
  • #12
  • Last Post: May 5, 2009 10:22am May 5, 2009 10:22am
It has, omar. As long as all related open positions already have a tp you can just right click into the chart and set a new tp for ALL open positions in the current chart (pair).
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