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MT 4.0 question

  • #1
  • First Post: May 24, 2006 11:30am May 24, 2006 11:30am
Hello,

Is it possible to set multiple TP (take profit) levels for a single order number in Metatrader 4.0?
For example, say you buy 3 lots of GBP/USD at 1.8500 with an order #12345. Can I then set a TP at 1.8525 for 1 lot, a TP at 1.8550 for the 2nd lot and finally a TP at 1.8575 for the final lot?

Thanks

CFII
Attitude + Power = Performance
  • #2
  • May 24, 2006 1:04pm May 24, 2006 1:04pm
Quoting CFII
Hello,

Is it possible to set multiple TP (take profit) levels for a single order number in Metatrader 4.0?
For example, say you buy 3 lots of GBP/USD at 1.8500 with an order #12345. Can I then set a TP at 1.8525 for 1 lot, a TP at 1.8550 for the 2nd lot and finally a TP at 1.8575 for the final lot?

Thanks

CFII
No. I requested this as a feature at the MetaQuotes.net site. To get around this, I created my own expert to take profit out and move stops to breakeven. It works pretty well. It's much easier than putting 3 different orders on and managing it that way. Here's a link to the thread I started on the expert. You're welcome to it. http://www.strategybuilderfx.com/for...ad.php?t=16297

stockwet
  • #3
  • May 24, 2006 2:10pm May 24, 2006 2:10pm
Quoting stockwet
No. I requested this as a feature at the MetaQuotes.net site. To get around this, I created my own expert to take profit out and move stops to breakeven. It works pretty well. It's much easier than putting 3 different orders on and managing it that way. Here's a link to the thread I started on the expert. You're welcome to it. http://www.strategybuilderfx.com/for...ad.php?t=16297

stockwet
Thanks stockwet. I'll take a look at the expert.

regards,

CFII
Attitude + Power = Performance
  • #4
  • Jun 14, 2006 4:52pm Jun 14, 2006 4:52pm
Does MT4 have a "liquidate all open positions" button. Say I have 10 positions open in 4 different pairs, is there anyway I can close them all with a single click of the mouse?

Thanks for any ideas,
lonespruce.
  • #5
  • Last Post: Jun 14, 2006 7:12pm Jun 14, 2006 7:12pm
Quoting lonespruce
Does MT4 have a "liquidate all open positions" button. Say I have 10 positions open in 4 different pairs, is there anyway I can close them all with a single click of the mouse?

Thanks for any ideas,
lonespruce.
No it does not. I think there is a script to close all on a single chart, but not all open positions. Maybe there's a script, but no single click way like that in FxSol
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