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# Close all orders once the drawdown reaches a specific percentage - expert for MetaTrader 4

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10632
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Published:
2016.01.13 10:24

This code has some functions to close all opened orders once the drawdown reaches a specific percentage of the account balance.

You will just enter the magic number of the orders (enter 0 for control all orders), and the maximum percentage of drawdown that will allow the code logic to close the order once it is reached.

Only call the function DD_close to use this code.

Attached is the header file of this code with the EA that is built on this code.

```// To use this option, just you need to call the function : ( DD_close )
//+------------------------------------------------------------------+
//|                          Global scope                            |
//+------------------------------------------------------------------+
bool Close_All_V;
//+------------------------------------------------------------------+
//|                         Main function                            |
//+------------------------------------------------------------------+
// DD:               Here it is the DD percentage, 100 means never close any order .
// Magic_Number:     Your EA magic number, enter 0 to control the all orders .
void DD_close(int DD,int Magic_Number)
{
if(DD(Magic_Number)>=DD)
Close_All_V=true;
if(Close_All_V)
Close_All(Magic_Number);
}
//+------------------------------------------------------------------+
//|                          Check close                             |
//+------------------------------------------------------------------+
void Check_Close(int Check_Number) // check close order
{
if(Check_Number<0) Print("OrderClose failed with error: ",ErrorDescription(GetLastError()));
else Close_All_V=false;
}
//+------------------------------------------------------------------+
//|                          Close all                               |
//+------------------------------------------------------------------+
void Close_All(int M_N)
{
int Loop=0;
for(int i=0; Loop<OrdersTotal(); i++)
{
Loop++;
if(OrderSymbol()==Symbol())
if(OrderMagicNumber()==M_N || OrderMagicNumber()==0)
{
Check_Close(OrderClose(OrderTicket(),OrderLots(),Bid,100,clrNONE));
if(OrderType()==OP_SELL)
}
}
}
//+------------------------------------------------------------------+
//|                          Calculate loss                          |
//+------------------------------------------------------------------+
double Loss(int M_N)
{
double re=0;
int Loop=0;
for(int i=0; Loop<OrdersTotal(); i++)
{
Loop++;
if(OrderSymbol()==Symbol())
if(OrderMagicNumber()==M_N || OrderMagicNumber()==0)
re=re+OrderProfit();
}
return re * -1;
}
//+------------------------------------------------------------------+
//|                  Calculate drawdown percentage                   |
//+------------------------------------------------------------------+
double DD(int M_N)
{
return ( 100 / AccountBalance ( ) ) * Loss ( M_N );
}
//+------------------------------------------------------------------+```
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