Need EA to close all orders at equity amount | Forex Factory

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Need EA to close all orders at equity amount

  • #1
  • First Post: Sep 11, 2014 3:13am Sep 11, 2014 3:13am
Hi all,

I looking for EA to close all order and pending orders once amount of equity reach as set by own.

Method:-

1. EA - Equity reach. Auto put a scripts close all order and pending.


Hope anyone can provide this EA.
Thank you.
  • #2
  • Sep 11, 2014 11:14pm Sep 11, 2014 11:14pm
Hi 2013,

It is a rather simple EA to create. Here you go. See attached!

There are four parameters: (1) "AboveEquity" and (2) "BelowEquity". Above is used for profit and below is used for loss. Set to 0 to disable. (3) true/false "CloseTrades" and (4) true/false "DeletePendingOrders".

Once it closes trades/deletes pending orders, remove the EA from the chart before you would like to reuse it again.

Let me know if there are any problems with it. Be blessed!
Attached File(s)
File Type: ex4 2013.ex4   9 KB | 1,142 downloads
God changed my life.
  • #3
  • Sep 12, 2014 3:35am Sep 12, 2014 3:35am
Quoting coffee.lover
Hi 2013, It is a rather simple EA to create. Here you go. See attached! There are four parameters: (1) "AboveEquity" and (2) "BelowEquity". Above is used for profit and below is used for loss. Set to 0 to disable. (3) true/false "CloseTrades" and (4) true/false "DeletePendingOrders". Once it closes trades/deletes pending orders, remove the EA from the chart before you would like to reuse it again. Let me know if there are any problems with it. Be blessed! {file}
Hi Coffee.Lover,

Thank you for your kindness. I get it a try.

Been struggling not around at PC once the equity has reached and not able to close it automatically.

With this EA your provided, all my problems will solve without worries.

Thank you

Edit: Special Coffee for you.
Attached Image (click to enlarge)
Click to Enlarge Name: w-Giant-Coffee-Cup.jpg Size: 149 KB
  • #4
  • Sep 12, 2014 1:14pm Sep 12, 2014 1:14pm
Quoting 2013
{quote} Hi Coffee.Lover, Thank you for your kindness. I get it a try. Been struggling not around at PC once the equity has reached and not able to close it automatically. With this EA your provided, all my problems will solve without worries. Thank you Edit: Special Coffee for you. {image}
Haha, thank you very much. That should be enough coffee for today
God changed my life.
  • #5
  • Sep 12, 2014 9:38pm Sep 12, 2014 9:38pm
Dear coffee.lover,

Can I ask you, if this close all order EA be modified to close all trades at a certain combined DD amount, or DD% amount?
I am looking for something that could be used as my emergency SL, in case if I have multiple positions, and not yet all parameters set manually.
I prefer scalping, and sometimes the market just moves too suddenly.
Many thanks in advance!
there is always, always another trade!!
  • #6
  • Sep 12, 2014 11:45pm Sep 12, 2014 11:45pm
Quoting profitfarmer
Dear coffee.lover, Can I ask you, if this close all order EA be modified to close all trades at a certain combined DD amount, or DD% amount? I am looking for something that could be used as my emergency SL, in case if I have multiple positions, and not yet all parameters set manually. I prefer scalping, and sometimes the market just moves too suddenly. Many thanks in advance!
Hey profitfarmer,

Here are the parameters I've added:
Inserted Code
-BelowDollarLoss and AboveDollarLoss (if account is this much loss or in profit, it will activate termination)
-BelowPercent and AbovePercent (For example, if your account balance is $10,000 and BelowPercent is set to 5, then termination will activate when the account equity is $9,500. Vice versa for AbovePercent)

Let me know if there are any issues. . . Be blessed, my friend!
Attached File(s)
File Type: ex4 2013.ex4   11 KB | 916 downloads
God changed my life.
  • #7
  • Sep 13, 2014 5:52am Sep 13, 2014 5:52am
hello coffee.lover!

Many thanks for the EA. Will test as soon the market opens.
The % of account variation I could run continuously, and then I wouldn't need to constantly readjust to the current balance. Also it will be the constant SL, as I found sometimes it is hard to pull the trigger on a loss, but I don't like to sink into hope mode, even if most timer I find that the losses would be soon enough profitable trade. However, the rare occasion they aren't, it would be a large DD, which I experienced before, and rather would go different.
End of the day, it is easier to recover a 5% loss, than trying to recover from a 30% one, all for hoping that it turns around for 2% profit.

Once again, thank you!
there is always, always another trade!!
  • #8
  • Last Post: Oct 15, 2014 3:45am Oct 15, 2014 3:45am
Quoting coffee.lover
Hi 2013, It is a rather simple EA to create. Here you go. See attached! There are four parameters: (1) "AboveEquity" and (2) "BelowEquity". Above is used for profit and below is used for loss. Set to 0 to disable. (3) true/false "CloseTrades" and (4) true/false "DeletePendingOrders". Once it closes trades/deletes pending orders, remove the EA from the chart before you would like to reuse it again. Let me know if there are any problems with it. Be blessed! {file}
Hi Coffy.lover,

Great script! Like it!
Can you make it so it keeps going over and over?

I have a EA that keeps running so when EQ is good, close and start agin.

Greetings Dave
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