FB CycleCloser Pro
- Utilities
- Version: 1.0
Advanced position management EA that automatically closes ALL positions when your profit target is reached. Features cycle tracking, position limits by type (BUY/SELL), emergency close button, and detailed reporting. Perfect for managing multiple EAs or manual trading with automated profit taking.
FB CycleCloser Pro - Advanced Profit Target Manager
OVERVIEW:
FB CycleCloser Pro is a sophisticated position management Expert Advisor designed to automatically close ALL open positions when a specified profit target is reached. Unlike traditional profit management tools, it tracks complete trading cycles and provides detailed statistics for performance analysis.
KEY FEATURES:
✓ Automatic Position Closing
- Closes ALL positions when profit target is reached
- Works with any EA or manual trading
- Multi-attempt closing system with fallback methods
- Captures exact profit snapshot at target moment
✓ Cycle Tracking System
- Tracks completed trading cycles
- Records initial balance at cycle start
- Monitors profit progression in real-time
- Automatic new cycle initialization
✓ Position Limits Control
- Set maximum BUY positions (optional)
- Set maximum SELL positions (optional)
- Independent limits per direction
- Real-time counter display
✓ Visual Dashboard
- Shows current cycle number
- Displays initial balance
- Real-time profit tracking
- Target profit indicator
- Status updates (Active/Closing/Waiting)
- BUY/SELL position counters
- Position limit indicators
✓ Emergency Controls
- Manual "Close ALL" button
- Reset cycle counter button
- Instant position closure capability
✓ Robust Closing System
- Multi-method closing approach
- Retry mechanism (up to 3 attempts)
- Fallback to individual closing if needed
- Handles broker connection issues
- Ticket tracking to prevent duplicates
✓ Detailed Logging
- Complete position state capture
- Profit snapshots at target moment
- Cycle performance reports
- Error handling and reporting
PARAMETERS:
- Profit Target: Target profit in account currency (default: $100)
- Panel X Position: Horizontal position of dashboard
- Panel Y Position: Vertical position of dashboard
- Max BUY Positions: Maximum allowed BUY positions (0 = disabled)
- Max SELL Positions: Maximum allowed SELL positions (0 = disabled)
HOW IT WORKS:
1. INITIALIZATION
- EA starts monitoring all open positions
- If positions exist, captures initial balance
- Begins first trading cycle
2. MONITORING
- Continuously calculates total profit (including swap & commission)
- Updates dashboard in real-time
- Tracks position counts by type
3. TARGET REACHED
- When profit ≥ target, captures exact snapshot
- Records all position details (tickets, symbols, volumes)
- Initiates closing sequence
4. CLOSING PROCESS
- Attempts to close all captured positions
- Uses multiple methods if needed
- Retries up to 3 times if necessary
- Prints detailed closure report
5. CYCLE COMPLETION
- Increments cycle counter
- Resets for new cycle
- Waits for new positions to start next cycle
IDEAL FOR:
→ Traders running multiple EAs simultaneously
→ Manual traders wanting automated profit taking
→ Scalpers with fixed profit targets
→ Day traders managing multiple positions
→ Anyone needing reliable position closure at targets
TECHNICAL SPECIFICATIONS:
- Platform: MetaTrader 5
- Account Types: Any (Netting/Hedging)
- Timeframe: Any (runs on M1 for best responsiveness)
- Symbols: Works on any symbol
- Position Management: Closes ALL account positions regardless of symbol/magic number
SAFETY FEATURES:
✓ No trading decisions - only closes existing positions
✓ Captures position state before closing
✓ Multiple retry mechanisms
✓ Individual fallback closing method
✓ Detailed error reporting
✓ Visual confirmation of all actions
NOTES:
- This EA does NOT open positions - it only manages closures
- Works alongside any trading strategy or EA
- Profit target is account-wide, not per position
- Dashboard updates every tick for accurate monitoring
- Position limits are optional (set to 0 to disable)
REQUIREMENTS:
- MetaTrader 5 platform
- AutoTrading enabled
- Basic understanding of EA operation
Perfect for traders who want professional, reliable profit management without complex setups or configurations. Just set your target and let FB CycleCloser Pro handle the rest!
