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DepoControl

DepoControl – Full Control Over the Deposit

Closers Expert Advisor controls the overall account status and closes ALL market orders on the account when certain conditions occur.

The trading robot closes ALL orders on the account in the following cases (by profit):

  • Close ALL orders by a total profit on the account in monetary terms. For example, suppose that the settings specify that positions should be closed when profit of 100 is reached. In this case, the Expert Advisor closes all market orders when the overall profit on the account reaches 100 currency units. Of course, deposits can be of different currencies  US dollars, euros, rubles, yen, etc.
  • Close ALL orders by a total profit on the account in a percentage of the deposit. For example, suppose that a user having 10 000 on the deposit has set the EA's parameters to close ALL orders when 2% of profit is reached. Thus, when the account equity reaches 10 200 (while the balance is 10 000), ALL orders on the account are closed.
  • Close ALL orders by a total profit on the account in points. For example, suppose that the EA's settings specify that all positions should be closed when the profit of 30 points is reached (5-digit quote flow). It means that on 5-digit quotes, the Expert Advisor closes ALL positions when 300 "5-digit" pips are reached. On 4-digit quotes, positions are closed when 30 points of profit are reached.

Loss limitation. Apart from the profit, the trading robot can also manage the losses:

  • Close ALL orders in case of a loss in monetary terms.
  • Close ALL orders in case of a loss in a percentage of the balance.
  • Close ALL orders in case of a loss in points.

All EA parameters are configured by a user.

The Expert Advisor shows an info panel containing the data on:

    • The account status and equity.
    • The total number of open orders on the account and the total volume of lots.
    • Number of points on the market, current profit/loss.
    • Closing profit by monetary terms ON/OFF.
    • Closing profit by percentage ON/OFF.
    • Closing profit by points ON/OFF.
    • Closing loss by monetary terms ON/OFF.
    • Closing loss by percentage ON/OFF.
    • Closing loss by points ON/OFF.

    The info panel supports 5 languages: English, Russian, Chinese (hieroglyphs should be enabled in the operating system), Spanish and Portuguese.


    Settings

    • Name = "Closers"  EA name. This setting affects nothing.
    • Lang_of_Info_Panel = "1-Eng; 2-Rus; 3-Zho/Chi; 4-Spa; 5-Por."
    • Language = 1  select the info panel language.
    • EnableMoney = false  enable closing profit by monetary terms.
    • money = 5  how much profit should be closed in currency.
    • EnablePercent = false  enable closing profit by percentage.
    • Percent = 1  how much percentage should be closed.
    • EnablePoints = false  enable closing profit by points.
    • Points = 30  how many points should be closed.
    • EnableMoneyLoss = false  enable closing loss by monetary terms.
    • moneyLoss = 30  when the specified loss level (in monetary terms) is reached, positions are closed.
    • EnablePercentLoss = false  enable closing loss by percentage of the deposit.
    • PercentLoss = 30  loss percentage, at which the orders are closed.
    • EnablePointsLoss = false  enable closing by points.
    • PointsLoss = 30  the orders are closed when the specified loss level in points is reached ("old points" should be set; the EA adjusts to "new" ones on its own).
    • X = 100  X coordinate for the top right part of the info panel.
    • Y = 30  Y coordinate for the top right part of the info panel.
    • FontSize = 18  font size for the info panel.


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    The Expert Advisor opens orders from the horizontal line, the a trader can set on any level by dragging using the mouse or by changing the line properties. For example, when a horizontal line is above the current price, the EA will open a Buy order once the horizontal line is reached. And vice versa: If the line is below the current price, the EA will open a sell order once the line is crossed. A buy crossover of the line is: opening of the current candlestick below the horizontal line; the curr
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    5 (4)
    The axiom of the Forex market is that any trend will be broken. The Expert Advisor determines trend direction (the pink line), and calculates levels for opening opposite orders depending on the settings. The value of Away from the trend line for Deal will be different for each pair and timeframe, depending on the volatility of the trading instrument. Next orders can be opened with an increased lot (a static lot is used by default). See the screenshots to understand the idea of the Expert Advisor
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    The algorithm of this Expert Advisor determines the significant price levels, where the trend often turns into a flat or reverses. Stochastic Oscillator serves as an additional filter of overbought/oversold zones. The EA sets stop loss and take profit after opening an order. The underlying trailing strategy applies a trailing stop. The EA is recommended for simultaneously use on three trading instruments: EURUSD M5, GBPUSD M5, EURCHF M5. Settings: Comment to order - comment to orders. MaxRisk -
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    The Expert Advisor looks for technical analysis patterns formed on the higher (hourly) timeframe to start working on the 5-minute chart. Technical analysis patterns used: double top/double bottom, head/shoulders, flag, expanding/narrowing triangles. The Relative Vigor Index technical indicator is used as the filter for opening deals. It is based on the idea that on the bull market the closing price is, as a rule, higher, than the opening price. It is the other way round on the bear market. This
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    The Expert Advisor calculates the divergence on the current and higher timeframes. In case the divergences coincide, the EA starts its operation. Deals have strict take profit and stop loss levels. Each deal is managed by trailing stop. The strategy involves the use of a tight stop-loss. Therefore, losing deals and/or series of losing deals are not uncommon. This EA is not suitable for those who have difficulties coping with losing deals. The EA is recommended for simultaneous use on the followi
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    The Expert Advisor has been developed specifically for the features of the CHFJPY currency pair. The EA's algorithm determines the direction of the current trend and starts operation. In case of a price reversal within the current trend, the EA adds additional orders. If trend changes, the EA starts to work in the direction contrary to the initial grid of orders. If there were no conditions for closing orders and the trend direction changed again, the EA continues to work with the "first" grid o
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    Evgeniy Zhdan
    The Expert Advisor algorithm determines on daily charts those candlestick patterns, which set the intraday trading direction. The trading EA determines how long the price is moving in overbought/oversold zones and starts working in the direction of the expected trend movement. Each position is accompanied with a tight stop loss and take profit. Only one active position can be open in the market. The EA was developed and tested using 99% quality quotes. The Expert Advisor has a built-in news filt
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    The strategy of this Expert Advisor is based on a hedging system, which implies placing opposite orders. The EA algorithm determines trend beginning and opens a position in the trend direction. In case of a wrong entry, the EA tries to neutralize the drawdown through opposite (hedging) orders at a preset interval (Coefficient of counter orders). Orders are closed when one of the two values ​​is reached - profit in percent or profit in points. The EA does not use lot increase. The EA wast tested
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    Evgeniy Zhdan
    Советник работает по принципу хеджирования с периодическими "перекосами" в сторону трендовых направлений. Направления тренда советник определяет на основании стандартного индикатора Parabolic Stop and Reverse system (SAR). Уникальная стратегия установки балансирующих позиций позволяет избегать больших просадок даже при самых не благоприятных рыночных условиях. Параметры по умолчанию рекомендуется использовать на торговом инструменте: GBPJPY 15m. Разработка и оптимизация параметров производились
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    This Expert Advisor works using a grid in the direction of a trend movement with the step between opened positions defined in the settings. The positions are closed by the total take profit. The Parabolic SAR standard indicator is used to filter order opening, which comes in the MetaTrader 4 package. The EA has been developed and tested using 99,9% quality of quotes. Operation of the EA in real time can be viewed in the signals . The best trading results have been achieved on CHFJPY M15. Setti
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