MO Partial Scale Out MT4
- Experts
-
Mohamed Amr Mohamed Osama Abdelwahab
Software Developer, Instructor, and Technical Team Leader with over 22 years of experience across desktop, web, and financial software development. Top Rated freelancer on Upwork with 200+ completed projects, $200K+ delivered, and a 100% job success record. Specialized in algorithmic trading systems - Version: 1.0
- Activations: 5
MO Partial Scale-Out — staged take-profit with an SL ratchet
Partial Scale-Out manages your open trades out in tranches: it closes a set percentage at TP1, TP2 and TP3, moves the stop to break-even and then further into profit at each stage, and runs the remainder to a fixed TP4. Classic 50 / 25 / 25 plus a runner, fully configurable in pips.
You keep control of entries; it turns one position into a disciplined scale-out so a winner is banked in pieces while the runner chases the big move with a protected stop.
Inputs:
• InpMagic — manage this magic only (0 = all trades on the symbol)
• InpTP1Pips/Pct, InpTP2Pips/Pct, InpTP3Pips/Pct — tranche targets and close percentages
• InpSL2Pips, InpSL3Pips, InpSL4Pips — where the stop locks after each tranche
• InpTP4Pips — fixed final target for the runner
Management EA: on your account it never OPENS trades - it scales out and protects the ones you already have. In the Strategy Tester only, it opens sample positions so you can backtest and watch the scale-out work (switch off with the "Strategy Tester ONLY" input).
