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  • Reviews (3)
  • Comments (14)
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AW Close By Profitables

5

The algorithm finds the most unprofitable position in your account, then the program determines the profitable positions that can cover the loss. This profit is used to close   unprofitable order in automated mode. The system is able to work on the most distant unprofitable orders or select them according to certain tickets with manual selection. That is, the utility closes a losing order using one or a group of winning orders.

Opportunities:

  • Closing orders for the current symbol or for all symbols
  • The ability to close one or several unprofitable orders at a time
  • Selection of magic numbers and tickets for closing
  • Selection of profitable and unprofitable orders in money, points or percentage
  • Closing only BUY or SELL orders or closing all orders
  • Selecting the maximum number of profitable orders in the basket to cover the loss
Troubleshooting, appeal to the author -> https://www.mql5.com/en/blogs/post/741436 


Input parameters:

LOSS ORDER SETTINGS - settings of a losing order to close

  • Symbol with losses   -   Selecting a symbol to search for a losing order:
    • All Symbols   - Mode of operation for all symbols on which there is a position opening
    • Current Symbol only   - Select the tool on which the panel is installed
  • Type for orders with loss - Allowed types of orders with loss that the utility will close, where:
    • Buy and Sell orders - Close BUY and SELL order types
    • Buy orders - close only BUY type of orders
    • Sell orders - Close only SELL type of orders
  • Magic for orders   - Process orders of the current magic number or work on all orders
    • All magic numbers   - Close any orders on all Magic Numbers
    • Current Magic only   - Close orders only on the current Magic Number
  • MagicNumbers for loss (if used)   - Field for entering a magic number. In order to close only manual orders, enter "0"
  • Ticket for loss (if needed)   - Manual selection of an order for recovery. Only one can be entered, when this order is closed, the system will continue to work with other orders in automatic mode
  • Min loss in% of balance   - Minimum order loss for restoration, in% of the balance
  • Min loss in points   - Minimum loss of the order to restore, in points
  • Max loss in money (0 = not used)   -   Maximum planting volume, in recovery money
  • Close few orders if possible   - Allow to close several orders to the tale, if possible

PROFIT ORDERS SETTINGS - settings of profitable positions, with the help of which the loss is closed

  • Max number for profitable order in basket   - The maximum number of orders in the basket of one direction to cover the loss
  • Additional profit in basket   - The minimum amount of profit in money from profitable positions after closing a loss
  • Symbol with profitable orders   - Selecting a symbol for processing orders:
    • All Symbols   - Mode of operation for all symbols on which there is a position opening
    • Current Symbol only   - Select the tool on which the panel is installed
  • Type for orders with profit   - Allowed types of orders for work, where
    • Buy and Sell orders - Ability to close BUY and SELL order types
    • Buy orders - Ability to close only BUY type of orders
    • Sell orders - Ability to close only SELL type of orders
  • Magics for profitable orders 
    • All Magic Numbers 
    • Current Magic only
    • MagicNumber for profitable orders (if used)
    • Min profit of order in money
    • Min profit of order in points - Min. profit of one profitable order in points to close
    • Show panel of advisor - Show or hide the panel
    • Font size in panel - Font size on the panel

      Other author's developments -> https://www.mql5.com/en/users/nechaevrealle/seller 


      Reviews 3
      Fxpro Trader Technical
      791
      Fxpro Trader Technical 2021.05.24 16:56 
       

      Useful if you have a high strike rate to offset your loses, pretty smart algo. Excellent

      3497176
      291
      3497176 2021.04.29 07:11 
       

      It is great tool . I am happy with it . Thank you .

      Sven Markus Weller
      1519
      Sven Markus Weller 2021.02.18 15:03 
       

      Helpful tool to stabilize DD in the short term. Do its job. In the long term I cannot give a rating yet.

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      5 (1)
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      First time in MQL Market place MeetAlgo Strategy Builder EA MT5   has more then   34+   build in indicator that you can make more then   1 million   combination strategy that boost you trading strategy. Also this Strategy Builder offers an incredible amount of functionality. So you can test your strategy easy way without knowledge of coding. [    Installation Guide  |  Update Guide  |  Submit Your Problem  |  FAQ  |  All Products  ] This is All-In-One EA in this market place. You can use as
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      The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group.  Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram API not work with Windows 7 or lower.  - L
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      Easy Trade Manager
      Anoop Sivasankaran
      4.86 (36)
      New version with Panel updated..! (Thank you users for all your great feedback!) - 2022 version released ! Enter the Risked Amount or Lot size or % of Balance (New!) Drag the RED line on the chart to fix the Stop-Loss. Drag Blue line (New!) for Limit/Stop orders automatically ! Adjust TP1, TP2 and TP3 lines You are ready to Buy/Sell > Adjust the lines even after the trade - New! Check the user video - https://tinyurl.com/etmmt4ea Automatic Breakeven TP1/2 | Book Part/Partial Profit TP1-TP2
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      Take a Break
      Eric Emmrich
      5 (17)
      Please check the "What's new" tab regularly for a complete and up-to-date list of all improvements + parameters. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when Account Equity, Balance or Margin is low. Only trade on spe
      70 USD
      Live Forex Signals is designed for trading on site signals   https://live-forex-signals.com/en   and    https://foresignal.com/en . Parameters Username and Password if you have a subscription to the sites live-forex-signals.com/foresignal.com , then you should fill in these parameters with your credentials; if there is no subscription, then leave the fields empty; Comment comment on the deals being opened Risk risk as a percentage of the deposit for trading, if Risk=0, then the value Lot is use
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      Edge Zone EA
      FXsolutions
      5 (2)
      With this Expert Advisor you will follow the sound trading principle Buy Low and Sell High by default ! And you can do that even with a normal day job . You will be even able to trade on lower timeframes which you could never do without such an Expert Advisor. And the best thing is that you are in control! You can tell the Edge Zone EA where it has to enter and where it has to exit. And you can do that even many hours before the trade will occur . This EA is therefore an excellent assistant for
      119 USD
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      AW Recovery EA
      Alexander Nechaev
      4.55 (40)
      AW Recovery EA is a system designed to restore unprofitable positions.  The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a smaller deposit load, which ensures safe
      145 USD
      AW Recovery EA MT5
      Alexander Nechaev
      4.36 (14)
      AW Recovery EA is a system designed to restore unprofitable positions.  The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a smaller deposit load, which ensures safe
      145 USD
      Trend Predictor EA
      Alexander Nechaev
      5 (7)
      AW Trend Predictor EA - an Expert Advisor that trades using trend indicator signals AW Trend Predictor. Uses indicator strategies TakeProfit and StopLoss. Can use multi-timeframe filtering. Has a fixed StopLoss or StopLoss calculated by the indicator. Time-based work and averaging are functionally possible. Instruction and description ->  HERE  / MT5 version ->  HERE   Benefits: Uses a fixed StopLoss or dynamic StopLoss calculated by the indicator based on the current volatility Has the funct
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      AW Double Grids MT5
      Alexander Nechaev
      5 (2)
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      75 USD
      AW Gold Trend Trading EA
      Alexander Nechaev
      5 (2)
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      AW Double Grids EA
      Alexander Nechaev
      5 (6)
      The AW Double Grids MT5 Expert Advisor is an aggressive, fully automated grid based Expert Advisor with an informational trading panel and easy setup. The strategy consists in simultaneous two-sided work, multiplying the volume of one direction. Built-in automatic calculation of the lot, as well as a variation of the multiplication of orders. Problem solving  ->   HERE  / MT5 version ->  HERE How the advisor trades: The EA starts trading by opening two opposite orders. After closing a profitable
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      AW Breakout Catcher
      Alexander Nechaev
      5 (11)
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      55 USD
      AW Breakout Catcher EA
      Alexander Nechaev
      5 (1)
      Advisor trading on indicator signals AW Breakout Catcher,working on strategy breakoutof dynamic support and resistance levels. Orders have fixed StopLoss and TakeProfit. Optionally can use averaging. It has the ability to work on a selected period of time and three types of notifications.  Advantages: Works on all types of trading instruments and on any timeframe It has the function of working on time, limiting slippage and maximum spread Easy setup and intuitive panel interface Suitable for tr
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      AW Three MA MT5
      Alexander Nechaev
      4 (1)
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      Shepherd Safety EA
      Alexander Nechaev
      4.92 (13)
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      RoundLock EA
      Alexander Nechaev
      4.5 (2)
      The EA opens two bidirectional orders. When one of them is closed in profit, two orders are reopened, the volume of orders increases depending on the volume of multiplication and the number of orders opened by the advisor. In each new open pair, orders are opened with equal volume, locking each other. The opening of pairs continues until the number of orders of the same type reaches the number of Limit_for_orders, then the EA will only increase the grid, excluding locking. MT5 version ->  HERE
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      AW Classic MACD MT5
      Alexander Nechaev
      5 (4)
      Modified oscillator MACD. A classic indicator that combines a trend indicator with an oscillator to detect entry points. Has a multi-timeframe panel and 3 types of notifications Benefits: Works on all instruments and timeseries Trend indicator with   oscillator for inputs Multi-period panel on all timeframes Pluggable arrows when signals appear Three types of notifications: push, email, alert MT4 version ->  HERE  / Our news ->  HERE   How the indicator works: AW Classic MACD - Indicator
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      AW Turtles Indicator MT5
      Alexander Nechaev
      4.46 (13)
      The indicator works according to the Turtle system and classically assumes a time interval of 20 and 55 candles. The trend is monitored at a given time interval. The entry is carried out at the moment of the breakdown of the support or resistance level. Exit signal - price breakout in the opposite direction of the trend of the same time interval.   Benefits: Tools: Currency pairs , stocks, commodities, indices, cryptocurrencies Timeframe: Classically D1, also suitable for working with any tim
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      AW Trend Predictor MT5
      Alexander Nechaev
      5 (17)
      The combination of trend and breakdown levels in one system. An advanced indicator algorithm filters market noise, determines the trend, entry points, as well as possible exit levels. Indicator signals are recorded in a statistical module, which allows you to select the most suitable tools, showing the effectiveness of the signal history. The indicator calculates Take Profit and Stop Loss marks. Manual and instruction ->  HERE  / MT4 version ->  HERE How to trade with the indicator:  Tradin
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      AW Super Trend MT5
      Alexander Nechaev
      5 (1)
      AW Super Trend -This is one of the most popular classic trend indicators. It has a simple setting, allows you to work not only with the trend, but also displays the stop loss level, which is calculated by this indicator. Benefits: Instruments:   Currency pairs , stocks, commodities, indices, cryptocurrencies. Timeframe: М15 and higher. Trading time: Around the clock. Shows the direction of the current trend. Calculates the stop loss. It can be used when working with trading. Three types of n
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      This is a utility for closing orders or baskets of orders for the total profit or loss. Can work multicurrency, can work with orders opened manually. Has additional trailing profit. Capabilities: Closing an order for the current symbol or for all symbols Closing individual orders or whole baskets of orders Stopping the utility in one click Trailing function for total profit Setting TP and SL in money, in points or as a percentage of the deposit Closing all BUY or SELL orders or closing all order
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      AW Trend Predictor
      Alexander Nechaev
      4.96 (23)
      The combination of trend and breakdown levels in one system. An advanced indicator algorithm filters market noise, determines the trend, entry points, as well as possible exit levels. Indicator signals are recorded in a statistical module, which allows you to select the most suitable tools, showing the effectiveness of the signal history. The indicator calculates Take Profit and Stop Loss marks. Manual and instruction -> Here / MT5 version -> Here How to trade with the indicator:  Trading with T
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      AW Trend Predictor EA - an Expert Advisor that trades using trend indicator signals AW Trend Predictor. Uses indicator strategies TakeProfit and StopLoss. Can use multi-timeframe filtering. Has a fixed StopLoss or StopLoss calculated by the indicator. Time-based work and averaging are functionally possible. Instruction and description ->  HERE  / MT4 version ->  HERE   Benefits: Uses a fixed StopLoss or dynamic StopLoss calculated by the indicator based on the current volatility Has the functi
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      AW Classic MACD EA mt5
      Alexander Nechaev
      4 (1)
      Fully automated trading system. A classic indicator is used as signals   MACD , which combines a trend indicator with an oscillator to detect entry points. Uses averaging, the function of closing the first and last basket orders and the function of automatic lot calculation. Has an advanced dashboard and three types of notifications. Problem solving ->  HERE  / MT4 version ->  HERE Benefits: Fully automated trading system Easy setup and intuitive panel interface The ability to open only
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      AW Turtles Indicator
      Alexander Nechaev
      4.75 (12)
      The indicator works according to the Turtle system and classically assumes a time interval of 20 and 55 candles. The trend is monitored at a given time interval. The entry is carried out at the moment of the breakdown of the support or resistance level. Exit signal - price breakout in the opposite direction of the trend of the same time interval.   Benefits: Tools: Currency pairs , stocks, commodities, indices, cryptocurrencies Timeframe: Classically D1, also suitable for working with any ti
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      Advanced trading on trend reversals. The EA does not use grids and martingale. But if necessary, the possibility of using them is in the input settings. 3 types of notifications and position locking when the maximum basket load is reached. The default settings are recommended for EURUSD on the M15 timeframe. Features and Benefits: Ability to work in two directions at the same time Built-in ability to work on time in several stages Uses a virtual StopLoss not visible to the broker Algorithm of w
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      AW Grids Maker MT5
      Alexander Nechaev
      4.5 (2)
      AW Grids Maker   is used to build grids from pending orders. The utility is universal, has flexible settings and an intuitive panel interface. The program builds networks from STOP and LIMIT orders with the necessary step, uses the position volume multiplier. MT4 version ->  HERE  / Problem solving ->  HERE Benefits: Uses pending orders of all types. Simple and flexible setup. Well-designed and multi-functional utility panel. Thoughtful information module Features of work:   Suitable f
      35 USD
      AW Signal Lot Multiplier
      Alexander Nechaev
      3 (2)
      AW Signal Lot Multiplier is a utility for duplicating orders on your terminal. The source can be selected any adviser, manual trading, a separate trading signal. It has wide functionality with simple setup, as well as high speed and reliability. Important information! This product is not a copier of transactions between the terminals of one computer and copies transactions within the same terminal, which is important for example for trading signals. How to use the product:  To copy advisor
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      AW Super Trend
      Alexander Nechaev
      3 (2)
      AW Super Trend -This is one of the most popular classic trend indicators. It has a simple setting, allows you to work not only with the trend, but also displays the stop loss level, which is calculated by this indicator. Benefits: Instruments:   Currency pairs , stocks, commodities, indices, cryptocurrencies. Timeframe: М15 and higher. Trading time: Around the clock. Shows the direction of the current trend. Calculates the stop loss. It can be used when working with trading. Three types of n
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      AW Smart Grids EA
      Alexander Nechaev
      3 (2)
      The EA trades on price returns to the average after the completion of impulsive bounces from MA with a long period. Can use averaging if necessary. Has an advanced panel and all types of notifications. Problem solving ->   HERE  /  MT5 version ->  HERE Benefits: Advanced filtering of basket orders Fully automated trading system, with the ability to add manual orders Easy setup and intuitive panel interface Powerful trading potential and easy setup Built-in autolot Input settings: MAIN S
      75 USD
      AW Classic MACD
      Alexander Nechaev
      4.33 (3)
      Modified oscillator MACD. A classic indicator that combines a trend indicator with an oscillator to detect entry points. Has a multi-timeframe panel and 3 types of notifications Benefits: Works on all instruments and timeseries Trend indicator with   oscillator for inputs Multi-period panel on all timeframes Pluggable arrows when signals appear Three types of notifications: push, email, alert MT5 version ->  HERE  / Our news ->  HERE   How the indicator works: AW Classic MACD - Indicato
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      AW Trend Oscillator MT5
      Alexander Nechaev
      4 (1)
      Trend oscillator with advanced filtering system. It determines the trend, its weakening and strengthening. Has a built-in multi-timeframe panel. AW Trend Oscillator works on any timeframes and on any symbols (currencies, indices, oil, metals, stocks). MT4 version ->  HERE  / Problem solving ->  HERE Features and Benefits: Advanced Trend Filtering Changing the sensitivity of the indicator in one click Easy setup Multi-timeframe panel Ability to move and minimize the panel Works on any symbols
      55 USD
      AW Smart Grids MT5
      Alexander Nechaev
      The EA trades on price returns to the average after the completion of impulsive bounces from MA with a long period. Can use averaging if necessary. Has an advanced panel and all types of notifications. Problem solving ->  HERE  / MT4 version ->  HERE Benefits: Advanced filtering of basket orders Fully automated trading system, with the ability to add manual orders Easy setup and intuitive panel interface Powerful trading potential and easy setup Built-in autolot Input settings: MAIN SETTI
      75 USD
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      Fxpro Trader Technical
      791
      Fxpro Trader Technical 2021.05.24 16:56 
       

      Useful if you have a high strike rate to offset your loses, pretty smart algo. Excellent

      3497176
      291
      3497176 2021.04.29 07:11 
       

      It is great tool . I am happy with it . Thank you .

      Sven Markus Weller
      1519
      Sven Markus Weller 2021.02.18 15:03 
       

      Helpful tool to stabilize DD in the short term. Do its job. In the long term I cannot give a rating yet.

      Reply to review
      Version 1.10 2021.02.13
      - Fixed typo in input settings