Auto Close Trades at Percentage MT5

Multi Take Profit Manager

Automatically close portions of your open trades at up to three profit targets.

This utility is designed for manual traders who frequently open multiple positions and want to scale out of trades automatically as profit targets are reached.

Instead of manually closing positions one by one, the utility can partially close your total open position at predefined Take Profit levels, helping you lock in profits while allowing the remaining positions to continue running.

Key Features

✓ Up to 3 Take Profit targets

✓ Automatic partial position closing

✓ Designed for multiple open trades

✓ Flexible percentage-based scaling out

✓ Simple setup and operation

✓ Helps automate trade management

✓ Suitable for manual trading strategies

How It Works

The utility monitors your open trades and closes a specified percentage of the total position size when a profit target is reached.

Example:

You have 10 open trades.

Settings:

  • TP1 = 20 pips

  • Close 50%

When price reaches TP1:

  • 5 trades are closed

  • 5 trades remain open

At TP2:

  • Another percentage of the remaining trades is closed

At TP3:

  • The final remaining trades can be closed automatically.

This allows traders to lock in profits gradually while maintaining exposure to larger market moves.

Important

This utility is intended for traders who manage multiple positions.

It is most effective when several trades are open simultaneously.

For a single position, standard Take Profit functionality may be more suitable.

Input Parameters

TP1 (Pips)

First profit target measured in pips.

When this level is reached, the utility closes the percentage specified by CP Percent 1.

TP2 (Pips)

Second profit target measured in pips.

When reached, the utility closes the percentage specified by CP Percent 2 from the remaining open positions.

Slippage

Maximum allowed difference between the requested execution price and the actual execution price.

Execution quality depends on broker conditions and market volatility.

CP Percent 1

Percentage of open positions to close when TP1 is reached.

Example:

  • 10 open trades

  • CP Percent 1 = 50%

Result:

  • 5 trades closed

  • 5 trades remain open

CP Percent 2

Percentage of the remaining open positions to close when TP2 is reached.

Use 3rd TP and CP

Enable or disable the third Take Profit level.

Set to True if you want to use TP3 and CP Percent 3.

TP3 (Pips)

Third profit target measured in pips.

Applies only when the third target is enabled.

CP Percent 3

Percentage of the remaining positions to close when TP3 is reached.

For complete trade closure, set this value to 100%.

Magic Number

Leave empty or set to 0 when managing manually opened trades.

Using a different value may prevent the utility from managing your positions correctly.

Example Setup

  • TP1 = 20 pips

  • Close 50%

  • TP2 = 40 pips

  • Close 50% of remaining trades

  • TP3 = 60 pips

  • Close 100% of remaining trades

This creates a structured profit-taking approach where profits are secured progressively as the market moves in your favor.

Why Use Multi Take Profit Manager?

Many manual traders scale into positions using multiple entries. Managing those trades manually can become difficult during fast-moving markets.

This utility automates the profit-taking process by:

  • Reducing emotional decision-making

  • Locking in profits systematically

  • Eliminating repetitive manual trade management

  • Allowing traders to participate in larger trends while securing profits along the way

Perfect for traders who build positions gradually and prefer structured exits.

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Forward Alert To Telegram for MT5
Trinh Dat
4.5 (4)
Utilities
The Expert Advisor will help you forward all alert from  MetaTrader 5 to Telegram channel/ group.  All alert must save to folder <Data folder>MQL5\Files\Alerts\ , text file with format *.txt and screenshot with format *.gif or *.png. Parameters: - Telegram Bot Token: - create bot on Telegram and get token. - Telegram Chat ID:  - input your Telegram user ID,  group / channel ID - Forward Alert: - default true, to forward alert. - Send message as caption of Screenshot: - default false, set true t
Alert Signal Trading MT5
Trinh Dat
4.67 (3)
Utilities
The product is used to trade base on any Alert signal in MT5 Easy to setup, simple format with custom keyword All option to management orders as trailing stop, breakeen, partial close, time filter, news filter ... Option to auto open grid orders How to setup and guide: Let read all details about setup and download indicator for auto get   Alert Signal   here Do not buy if you even can not install demo EA to your VPS ( some VPS block download EA from mql5 market) We always bring customers high q
Timeless Charts
Samuel Manoel De Souza
5 (8)
Utilities
Timeless Charts is an all-in-one trading utility for professional traders. It combines custom chart types such as Seconds Charts and Renko with advanced order flow analysis using Footprints , Clusters , Volume Profiles , VWAP studies, and anchored analysis tools for deeper market insight. Trading and position management are handled directly from the chart through an integrated trade management panel , while Market Replay and Virtual Accounts provide environments for practicing trading skills and
Prop Guardian Risk Manager MT5
The Hung Ngo
5 (1)
Utilities
Prop Guardian Risk Manager MT5 – Drawdown, Risk & Hedge Protection for Prop Firm and Managed Accounts Prop Guardian Risk Manager is a professional risk-control utility for MetaTrader 5, designed for prop firm traders, money managers and anyone who wants strict account-level risk protection. It does not generate trading signals, strategy entries or trading decisions. Instead, it runs in the background, monitors your account risk and can automatically block new exposure, close managed positions or
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Prafull Manohar Nikam
Experts
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Prafull Manohar Nikam
Indicators
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Xgrid Scalper MT4
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Experts
This trading robot is strictly made for 10K Capital Trading Account and EURUSD H1. DO NOT use it on smaller accounts, because it has minimum free margin limit i.e. Free Margin > 500 (this value is in "actual money" not in "percentage"!) This is a Simple Grid Trading System which works on ADX indicator's volatility and with High Winrate. IMPORTANT: Default input settings are the bare minimum settings (not ideal) instead use the recommended settings (OR find your own best settings) provided in th
ATRx Martingale EA 4
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Experts
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