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Automated Position Closing

  • #1
  • First Post: Feb 2, 2015 11:20am Feb 2, 2015 11:20am
Hi,

I am looking for an indicator/ea which would watch all open positions and close those which reach amount of pips set by user.
for example:
StopLoss = -150 (close position)
TakeProfit = +200 (close position)

I assume this is very easy to make, was looking for codes myself, but it's hard for me to build it as my programming knowledge in MT is equal to 0.
Also looked over here and there - found similar indicators, but nothing with the exact functions.
  • #2
  • Feb 3, 2015 12:55am Feb 3, 2015 12:55am
If you want to keep monitor the opened trades(positions), you should be expert advisers (EA).
But under this case, i think you can just set the SL & TP while you open your position.

If you insist to use EA to meet your goal, you can google "CaveManager". I was using it and it worked fine for me.
  • #3
  • Edited 3:25am Feb 3, 2015 3:14am | Edited 3:25am
The thing is I have another system which opens me a lot of positions, so setting TP/SL manually is just waste of time.
I need an EA, started looking for cavemanager, but in this post http://www.forexfactory.com/showthre...er#post8026024 they say that it do not manage multiple positions ?


EDIT: I've downloaded THV CaveManager, but it doesn't work. I can't have 2 EAs running on one chart, and if I do open CaveManager on another it do not close positions which are already open.
  • #4
  • Last Post: Feb 3, 2015 8:08am Feb 3, 2015 8:08am
Quoting 01donatas
The thing is I have another system which opens me a lot of positions, so setting TP/SL manually is just waste of time. I need an EA, started looking for cavemanager, but in this post http://www.forexfactory.com/showthre...er#post8026024 they say that it do not manage multiple positions ? EDIT: I've downloaded THV CaveManager, but it doesn't work. I can't have 2 EAs running on one chart, and if I do open CaveManager on another it do not close positions which are already open.
Simply open two chart and attach two EA on two different chart respectively
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