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Simple EA fix - "close all at equity level X"

  • #21
  • Apr 1, 2014 11:37pm Apr 1, 2014 11:37pm
does any one test it. equity increse ea. i can not use trailing stop or stop loss because i use hedge position . i have close all position including pending order at same time close.
  • #22
  • Oct 19, 2016 1:08pm Oct 19, 2016 1:08pm
hi.....I need a EA on the below conditions...plz assist me..

I have an EA which opened few orders ( when my balance was 1000$) lets say 5 orders....and started closing 2 orders when they are in profit of 70$ ( now balance is 1070$) but still 3 orders are opened with -40$ ( ac equity is 1030$). Now the EA opened 4 more new orders out of which 2 closed with 30$ profit ( ac balance now 1100$) and rest two are still open with 20$ loss ( ac equity 1040$)......SO total profit is 40$ till now......like this my EA will continue opening and closing orders...

what I want here ....
1. The new EA will close all opened orders if any When i am in profit 50$/amount what i like to set.
It means [ booked profit(ac balance) - eqity (floating orders)]=50$/what I like to set

2. It will not stop my main EA to open and close new orders further, after it closes all opened orders.
3. It will not close orders...if my main EA's orders are in loss.

hope you understand my concept....and process it.
  • #23
  • Jul 13, 2017 12:26am Jul 13, 2017 12:26am
Quoting fxdaytrader_
{quote} pls. test, I made some changes ... {file} {file}

hi

may i know how this input" equity target in account currency ?
please elaborate with examples. thank you very much
  • #24
  • Nov 20, 2017 7:35am Nov 20, 2017 7:35am
Among Trailing Equity EA's, as per my experience, Equity Sentry is the best one.

 

  1. Account equity drops to a certain level (money/percentage/pips)
  2. Account equity reaches a certain level (money/percentage/pips)
  3. Open trades (floating loss/profit) reaches certain level

It will close all running EA's and will shutdown your MT4 terminal (best in case you are copying signals from other traders)

EA can perform several actions on Trigger:

  1. Close open trades
  2. Delete pending orders
  3. Disable Autotrading on MT4 terminal, which makes all EA‘s to stop any operations or simply prevent them from opening, modifying or closing any trades on the account. EA disables Autotrading in a very simple manner by clicking the „Autotrading“ button pro grammatically in the top MT4 toolbar.
  4. Close MT4 terminal completely.

Attached File(s)
File Type: zip Equity Sentry 1.4.zip   202 KB | 2,101 downloads
.................
  • #25
  • Jun 28, 2018 10:48am Jun 28, 2018 10:48am
Quoting KashifNawaz
Among Trailing Equity EA's, as per my experience, Equity Sentry is the best one. Account equity drops to a certain level (money/percentage/pips) Account equity reaches a certain level (money/percentage/pips) Open trades (floating loss/profit) reaches certain level It will close all running EA's and will shutdown your MT4 terminal (best in case you are copying signals from other traders) EA can perform several actions on Trigger: Close open trades Delete pending orders Disable Autotrading on MT4 terminal, which makes all EA‘s to stop any operations...
Problem is that the other Expert opens further trades till Sentry disables all. Would be cool if first the other EAs can be diabled excluding Sentry and then close trades
  • #26
  • Jun 21, 2019 5:35am Jun 21, 2019 5:35am
Hello, I would like a proposal for programmers, sorry if the topic is about another EA.

The EA would have to be as follows ... very simple.

Price hit level 00
Place a BUY STOP command at level 05 above
Place a SELL STOP command at level 95 below

Price hit level 25
Place a BUY STOP command at level 30 above
Place a SELL STOP command at level 20 below

Price hit level 50
Place a BUY STOP command at level 55 above
Place a SELL STOP command at level 45 below

Price hit level 75
Place a BUY STOP command at level 80 above
Place a SELL STOP command at level 70 below

Does anyone qualify to build an EA (Experts) like this?

OBS: Look at how prices react on these levels. mainly in pairs GBPJPY, GBPAUD, GBPCAD

We need an EA, because setting up these operations manually is very difficult and we end up losing opportunities.
  • #27
  • Apr 28, 2020 3:50am Apr 28, 2020 3:50am
Hi,
I found this EA and I made some changes, add the step parameter (equity increase).
Very simple and works fine.
Attached File(s)
File Type: ex4 EquityGuard JM.ex4   38 KB | 891 downloads
  • #28
  • May 14, 2020 2:12pm May 14, 2020 2:12pm
Hi I need some help, if I load this EA it doesn't work. What am I doing wrong?
Attached File(s)
File Type: zip FXMultimeterIII.zip   1.9 MB | 897 downloads
File Type: mq4 FX_Multi-Meter_III.mq4   201 KB | 464 downloads
  • #29
  • Jun 4, 2020 10:46pm Jun 4, 2020 10:46pm
Quoting jdmartins
Hi, I found this EA and I made some changes, add the step parameter (equity increase). Very simple and works fine. {file}
Hi jdmartins ..

thanks for your nice EA .
but i have a question .how i can use equity step i don't understand it .
thanks for your help
  • #30
  • Mar 14, 2021 9:29am Mar 14, 2021 9:29am
Can someone guide me which's EA will force to close all of open positions (including profit and/or loss) if the margin level reach certain percentage?
Thanks in advanced.
astroganndotcom
  • #31
  • Oct 20, 2021 5:44pm Oct 20, 2021 5:44pm
Quoting tigpips
Hmm.. see if this works for you. UseEquityRaiseAfterClose When this is set to true, it will utilize this "Equity Raise After Close" function. EquityRaisedByXAfterClose This indicates how much equity that will be raised after the it closes all positions. Calculation for this is: New Equity Target = Original Equity Target + EquityRaisedByXAfterClose. RunEquityRaiseContinuously When this is set to true, it will run this new "Equity Raise" continuously after each "Close All Positions" function is performed. When this is set to false, it will run this...
Equity raise after close is not working after solve the int to bool here

Please anyone check and solve this error

UseEquityRaiseAfterClose
EquityRaisedByXAfterClose

Also not start if there is only pending orders
Attached File(s)
File Type: mq4 CloseAllAtEquityLevel v1.2.mq4   5 KB | 577 downloads
  • #32
  • Oct 20, 2021 10:00pm Oct 20, 2021 10:00pm
Quoting Hedginghog
Hi folks - can someone please lend a hand with a minor "repair" to this EA. I use this "close all positions at equity level X" EA to sometimes close hedge trades with positions on different instruments and different currencies. The problem I have is that it starts to close "all positions" when the equity target is hit, but then (I think) what happens is it stops closing positions if that equity level drops during the closing process and/or if the loosing trade side of a hedge trade is closed first. What I really need it to do is just close ALL positions...
Here, this should do what you want.

Set Max Equity to 110 if you want all orders closed at 10% profit 120 if 20% profit etc etc

Set Previous Equity at your starting Equity/Balance

Enjoy!

G
Attached File(s)
File Type: mq4 EquityMangagerV3Advance.mq4   3 KB | 903 downloads
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #33
  • Oct 22, 2021 7:07am Oct 22, 2021 7:07am
Quoting GPips
{quote} Here, this should do what you want. Set Max Equity to 110 if you want all orders closed at 10% profit 120 if 20% profit etc etc Set Previous Equity at your starting Equity/Balance Enjoy! G {file}
I forgot to mention if you are running and trading a basket of pairs you only need to add the EA to only 1 pair.

G
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #34
  • Sep 16, 2023 8:52am Sep 16, 2023 8:52am
can it close also everything in minus? as an emergency stop?
  • #35
  • Sep 16, 2023 4:08pm Sep 16, 2023 4:08pm
Quoting cinoxify
can it close also everything in minus? as an emergency stop?
Another 1-post wonder...

Please be specific, there are several equity managers posted in this thread; which one are you enquiring about?

Why not simply download the one you are interested in, put it on a chart, and study the settings?

As opposed to believing something a random guy on the internet might tell you!

Good Luck
MAY THE TREND BE WITH YOU
  • #36
  • Last Post: Jan 28, 2025 4:03am Jan 28, 2025 4:03am
Quoting jdmartins
Hi, I found this EA and I made some changes, add the step parameter (equity increase). Very simple and works fine. {file}
That is great, thank you.
What is the "Equity Step"?

Thanks.
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