Switch off EA temporary to stop it opening more trades

[maxim12345]

Hi

I have a hedging expert advisor running and it has currently opened many trades in both directions. I wanted to know if I switch off the auto trading button on mt4 to stop it opening more buy trades and hopefully it will recover on the sell side. When I switch the EA back on when it's back in the sell trades, will it still carry on from the previous open trades and manage them? I am hoping that if the market drops back to the sell trades it may recover. I'm worried as I may lose free margin. 

Thanks

Mez

[William Roeder]

Do you really expect an answer? There are no mind readers here and our crystal balls are cracked. Always post all relevant code (using Code button).

Unless you have that EAs code we can only guess.

[Kenneth Parling]

maxim12345:

Hi

I have a hedging expert advisor running and it has currently opened many trades in both directions. I wanted to know if I switch off the auto trading button on mt4 to stop it opening more buy trades and hopefully it will recover on the sell side. When I switch the EA back on when it's back in the sell trades, will it still carry on from the previous open trades and manage them? I am hoping that if the market drops back to the sell trades it may recover. I'm worried as I may lose free margin. 

Thanks

Mez

if you have the source code of your expert the best thing would be to have an option coded into it that could automatically stop open new orders and only work with current open when a certain equity/margin load emerges. Switching off terminal 'Auto Trading' will completely switch off the expert itself including it's functions...not i good idea in my opinion.

Source code? if Yes ---> visit Freelance and have something like i mentioned coded into it

[Ahmad Zuhairdi Noh]

maxim12345:

Hi

I have a hedging expert advisor running and it has currently opened many trades in both directions. I wanted to know if I switch off the auto trading button on mt4 to stop it opening more buy trades and hopefully it will recover on the sell side. When I switch the EA back on when it's back in the sell trades, will it still carry on from the previous open trades and manage them? I am hoping that if the market drops back to the sell trades it may recover. I'm worried as I may lose free margin. 

Thanks

Mez

Sure, It can be coded as a trading rule.

But if you are not a coder, you can do it manually by using common setting as shown below:

you can force the EA to open either only Long or Short.

After the condition is stable, you can turn it back to Long & Short as normal.

*However, if the EA change its Magic Number each time after initialized, then... oh well.. you need a new EA. I guess.

[maxim12345]

thank you Ahmed yes the magic number always stays the same i.e the expert id is 555 on all the open trades and past closed trades. So simple switching it off via the properties of the expert advisor is my best option?  

[Marco Montemari]

maxim12345:

Hi

I have a hedging expert advisor running and it has currently opened many trades in both directions. I wanted to know if I switch off the auto trading button on mt4 to stop it opening more buy trades and hopefully it will recover on the sell side. When I switch the EA back on when it's back in the sell trades, will it still carry on from the previous open trades and manage them? I am hoping that if the market drops back to the sell trades it may recover. I'm worried as I may lose free margin. 

Thanks

Mez

Easy and fast way: try it on demo platform.

If the software is well coded, when you deactivate autotrading, EA should not work.
When you activate it again, it should restart working, opening trades only if actually it needs

[maxim12345]

Marco Montemari:

Easy and fast way: try it on demo platform.

If the software is well coded, when you deactivate autotrading, EA should not work.
When you activate it again, it should restart working, opening trades only if actually it needs

Hi Marco the EA was coded for a real account so can't run on a demo unfortunately