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Auto Close Orders

The purpose of the EA was to help the trader in working with manually opened orders and to automatically control certain events for closing orders. Additional objective - terminal operation in absence of the trader. Minimum objective - as inconspicuous to the DC as possible. The idea behind the program is quite simple and is defined by the parameters used.

It is designed for the automatic closure of orders when an event, defined by the parameters, occurs.

The first two events are standard - TakeProfit and StopLoss. They need no further explanation.

The additional events - percentages of the maximum profit MaxCurretProfit and loss ProcRisk. MaxCurretProfit closes orders when a specified profit percentage is reached, ProcRisk closes the orders when the specified loss percentage is reached, and the profit and loss are considered independently for both Buy and Sell.

To automatically close all orders participating in competitions arranged by the dealer centers in order to attract the traders to them, there is the EndConcurs parameter: once the end date and time of the competition is reached, all the orders are closed.

There is also a widely used TrailingStop0. It has been reworked: the value of a particular TrailingStop value is in a direct relation to the TrailingStopk parameter and the difference between the current price and the order opening price. The operation principle on the screenshot 1.

A new parameter I had never seen before - ATakeProfit and the associated parameter nTrendPeriod. The order is closed when both the trend direction changes and the order opening price is exceeded by ATakeProfit. The operation principle on the screenshot 2.

Events for BUY orders are defined by parameters:

  • TakeProfit = 0 - when exceeding the weighted average price of the instrument by a specified number of points;
  • ATakeProfit = 0 - when the instrument price is exceeded by the specified number of points, with the condition that the K line of the iStochastic(26,8,10) indicator crosses the D line from above (see screenshot);
  • nTrendPeriod = 2 - number of the iStochastic indicator timeframe: 1 - 1 min, 2 - 5 min, 3 - 15 min, 4 - 30 min, 4 - 1 hour, 5 - 4 hours, 6 - 1 day, 7 - 1 week and so on ;
  • TrailingStop0 = 0 - the number of points for the Trailing Stop. A real STOPLOSS is placed;
  • TrailingStopk = 0 - the deviation coefficient of the Trailing Stop from the constant deviation line in the range from -1 to +1. If +, the current value of the TrailingStop increases with the price. If 0 (zero) - the usual Trailing Stop (see screenshot);
  • StopLoss = 0 - when the instrument price moves into a loss by a specified number of points from the highest order opening price;
  • ProcRisk = 0 - when reaching the specified loss percentage;
  • MaxCurrentProfit = 0 - when reaching the specified profit percentage;
  • EndConcurs = D'2030.12.31 23:59:00' - Close all orders on the chart the EA is attached to when the specified date and time is reached. Can be used during the participation in a competition.
  • LotDecimal = 2 - representation precision of opened lots;

Similar for SELL orders.

A zero value disables the corresponding parameter.

All the parameters work inconspicuous to the DC, except TrailingStop.

TrailingStop and ATakeProfit work independently for each order, the other parameters close all orders of the corresponding direction.

Important! No expert, nor any other automated trading program can guarantee a 100% winning strategy. The strategy of decreasing such loss is called money management. This task is most neatly performed by the parameters which control the loss size - StopLoss and ProcRisk: they close the orders at a certain limit value of the loss. But the wining parameters - TakeProfit and MaxCurrentProfit - are just as important, they do not allow to lose everything in pursuit of profit. TrailingStop - is a compromise: to get at least something. The absolutely winning strategy is possible only for the infinite value of your deposit.

Tips:

  1. The computer must always be connected to the Internet during the program operation;
  2. Work on Demo accounts to familiarize yourself with the product;
  3. There is no point in checking it in the strategy tester as the EA does not open orders.
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BUY & SAVE 750$   >>   2 copies left at this price Send a screenshot of your purchase, and you'll get   the set files for   SIEA ZEN   and   SIEA MAX .   So you'll have   3 SIEAs in 1. The keys to success   in trading Forex are discipline, patience and a clear edge, as we have with our unique real trading volume analysis. That's our experience of 10 years of trading Forex, and  all these key factors are summarized in the   S tein   Investments   E xpert   A dvisor ( SIEA ) series. SIEA PRO
1 750 USD
Torpedo Gold
Torpedo Gold
Antonis Michos
Big offer: only for 3 days ( till 18 /09/2021 ) from  195$   at   149$ Monitoring HERE If you have bought ANY of my Products then you are ELIGIBLE TO JOIN the Private group !!! TELEGRAM group: send me message to add you to our community PRIVATE GROUP(unfortunately there are a lot of scammers to public ones...) Torpedo Gold is my new NEURAL network project using advanced parameters for finding entries such as distances,Candle sizes,candles formations,break outs in an advanced w
149 USD
TripleHHH
TripleHHH
INREXEA LIMITED
TripleH Price up : Due to coming version will be connected to my database . Price will be going up. Last 10 copies for this price , next price will be 2100 USD . Target back to 3888 . BackTest which can not see the full functions which all pairs are communicating among each others . Please watch signals : SignalMinitor   ::  Do not waste your time on Backtest New setup   Will soon upgrade to a non MQL version which connect to my database to get real data for users whom purchase from here on
1 682 USD
Adaptive Trend Hunter
Adaptive Trend Hunter
Andrii Holiev
Adaptive Trend Hunter Adaptive Trend Hunter is a professional fully automated Expert Advisor adapted for trading the most popular EURUSD currency pair on the H1 timeframe. It uses its own algorithms for recognizing stable trends, which are determined by 5 proprietary trend indicators, that you will not find on sale. The Adaptive Trend Hunter Expert Advisor is an intelligently advanced automated trading tool. The Expert Advisor is notable for its self-renewing algorithm when trading conditions
2 000 USD
GOLD EAgle mt4
GOLD EAgle mt4
Evgenii Aksenov
The GOLD EAgle Expert Advisor is optimized for the XAUUSD pair (GOLD). This is a trend strategy. It uses the TrendLine PRO indicator and trades on the М5-Н1 timeframes, applying mathematical position averaging and automatic drawdown reduction by cross-closing the orders. Built-in HTF filters and the Candlestick Filter enable the optimal trading both in the automated mode and by opening orders from the trading panel. By using the Buy/Sell Zone function on the trading panel, traders can control th
249 USD
Market Reversal Alerts EA
Market Reversal Alerts EA
LEE SAMSON
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the reversal.
199 USD
Xion
Xion
Aliia Aleshkina
There are 10 copies of the advisor left at the price of $ 149, the next price is $ 199 Hurry up to buy while the price is low enough! Xion       is a trading system based on the property of the market to correct itself at strong support / resistance levels. Two separate neural networks are used to generate a signal to open trades. The first neural network generates a signal, and the second analyzes the results of the first one and issues a confirmation to open a deal. The main principle of a tr
149 USD
Project V
Project V
Andrey Kolmogorov
Promotional price: only   for the first  1  buyers -  $299 . next   price  $399 . A trading advisor that uses in its work a strategy based on trend and countertrend algorithms, built on the principles of a quantum set of algorithms. When using the standard operating mode, only 1 order is always opened. The order is opened at the beginning of each trading day. By default, no additional set files are required. Signal  Default :   EUR/USD Signal Martin:   EUR/USD Working parameters Currency
299 USD
Sodobe Scalper
Sodobe Scalper
Nguyen Van Cho
Important: some buyers report the error "Global initialization failed" when run backtest on latest MT4 version, build 1345. S o if you see this error or can not run backtest, please use build 1340 or 1330 to run backtest. We also report this error to MQL5 team  https://www.mql5.com/en/forum/377731   Scalping solution provided by top 5% world Professional Traders,  verified for 20 years Very low risk No scam Never fired account => That's Sodobe Scalper The EA best works for   Gold XAUUSD  with au
490 USD
ATS Advisor
ATS Advisor
Ivan Bebikov
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of significa
499 USD
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Tva Martin
Tva Martin
Valerii Timin
Целью создания советника была автоматическая работа терминала в отсутствие трейдера. Используемая стратегия - мартингейл. Одновременно работает в обоих направлениях.  Необходимо иметь не менее 100 USD депозита на центовом счете.  Параметры советника работают от месячной и недельной волатильностей рынка.  Целевая ставка возврата составляет от 0% до 20% каждый месяц. Желательная валюта транзакций: eur/usd.  Период удержания позиции составляет от 1 дня до 1 месяца, в среднем - 1 неделя.  Описание
30 USD
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