Market / MetaTrader 5 / Utilities /

Add Consolidate Move TP

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Published: 10 February 2025

Current version: 1.3

Add Consolidate Move TP

Move TakeProfit - Instructions for Use

How to Use

Drag and Drop
- Click and drag the script onto the chart at the price where you want to set the new TakeProfit level.
- Drop the script at your desired price level.
Confirmation Popup
- After dropping the script, a confirmation box will appear.
- It will display the number of positions being modified and the exact TakeProfit price.
- Click "Yes" to proceed or "No" to cancel.
Automatic TakeProfit Update
- If confirmed, the script will update the TakeProfit for all open positions on the current chart.
- If a position has no TakeProfit, one will be added at the selected level.
Placement Validation
- The script ensures that BUY trades have a TakeProfit above the entry price.
- SELL trades must have a TakeProfit below the entry price.
- If any position has an invalid TakeProfit placement, the script will show an error and cancel the operation.
Handling Broker Restrictions
- Some brokers require a minimum distance between the TakeProfit and the current market price.
- If the selected TakeProfit is too close to price, the server may reject it.
- If this happens, the script will show a detailed error message explaining why the TakeProfit could not be moved.
Completion Message
- A final message will confirm how many positions were updated successfully.

Bonus Feature: Adds TakeProfit Where None Exists!

If a position does not already have a TakeProfit, this script will add one automatically at the selected price.
Useful for securing trades that were previously left without a clear exit target.

Notes

This script only modifies positions for the current chart symbol.
If no valid positions are found, or if the TakeProfit placement is incorrect, an error message will be displayed.

Simply drag, drop, confirm, and manage your trades effortlessly!

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