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Exp_GStop_Tm - expert for MetaTrader 5

Nikolay Kositsin | English Русский 中文 Español Deutsch 日本語

Views:
452
Rating:
votes: 9
Published:
2018.07.13 16:08

An Expert Advisor for closing all positions, in case of the total profits on those positions exceeded the Take Profit level fixed in inputs or the total losses on those positions exceeded the Stop Loss level fixed in inputs, or where it is necessary to close all positions beyond the time interval fixed in the settings. In a manner, this EA works as a global take profit function and a global stop loss function for all open positions simultaneously. The fact itself of stopping the losses and commanding to close positions is placed by the EA in a log file as relevant comments.

//+----------------------------------------------+
//|  Options to calculate the losses             |
//+----------------------------------------------+
enum StopMode
  {
   ENUM_PERCENT,     //losses and profits in percents
   ENUM_CARRENCY     //losses and profits in the deposit currency units
  };
//+----------------------------------------------+
//| Input parameters of the EA indicator         |
//+----------------------------------------------+
input StopMode LMode=ENUM_PERCENT;  //method of detecting losses and profits
input double StopLoss=20.0;         //stop loss level
input double TakeProfit=100.0;         //take profit level

The EA provides an option of closing positions only beyond the time interval defined in its input variables:

input bool TimeTrade=true; //Permission to trade by time intervals
input HOURS StartH=ENUM_HOUR_0; //Trading start (Hours)
input MINUTS StartM=ENUM_MINUT_0; //Trading start (Minutes)
input HOURS EndH=ENUM_HOUR_23; //Trading end (Hours)
input MINUTS EndM=ENUM_MINUT_59; //Trading end (Minutes)

Two variables (hours and minutes) are provided for the operation start time, and two similar variables for the end time.

Default settings enable the Expert Advisor to trade the whole trading session from 0:00, while all positions are closed at 23:59.

If the start time is later than the specified end time, the Expert Advisor will close positions the next day, at the specified time

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/21343

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