Managing Open Positions

Watch a few videos in the playlist, turn on subtitles, and select a translation into your language.

MOPS (Managing Open PositionS) is an expert advisor for managing open trades. Its key features include sending notifications to Telegram and automatically closing all positions when specified virtual take-profit and stop-loss levels are reached for all currency pairs, a specific pair, or a "magic number." The advisor not only sends sound alerts and push notifications to the mobile app but also sends various types of messages to your Telegram, including messages to a bot, chat, or channel. But that's not all: the advisor can react to break-even levels; when reached, it will either notify you or close all trades to the break-even level.

Use cases:

  • profit trailing
  • trade tracking via Telegram or group signaling
  • copy trading
  • managing multiple trades
  • managing trades in opposite directions
  • convenient for hedging and correlation strategies

There's also a panel for manually opening and closing positions directly from the information window, which displays current settings and updates trade data. For convenience, the statuses of the settings change color. Telegram connection instructions can be found here: https://dzen.ru/a/aRNCnFuAlH-FlZ8Y or, using another advisor as an example, here: https://www.mql5.com/en/blogs/post/747833

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RS Trade Copier
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Telegram to MT4 Multi-Channel Copier   automatically copies trading signals from your Telegram and Discord channels straight to MetaTrader 4. No bots, no browser extensions, no manual copying. A signal arrives in Telegram or Discord and the EA opens the trade in your terminal within seconds. And before you copy a channel, the built-in backtester shows you what that channel would have done in your account. The product has two components: a Windows application that listens to your Telegram channel
Rhino Chart Drawing Tools provides a TradingView-style drawing workflow for MetaTrader 4. It includes 54 drawing tools , a customizable toolbar, Favorites, quick styling, object settings, templates and an object manager. User manual: How to use the product Free demo version: Download the demo MetaTrader 5 version: Rhino Drawing Tools for MT5 Drawing Tools Group Object List Lines Trend line, ray, extended line, horizontal line, vertical line, horizontal ray, cross line, trend angle, arrow, path
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