• Overview
  • Reviews (4)
  • Comments (10)
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Close if Profit Loss Pro

3.67
Free Demo Version for testing can be found here : https://www.mql5.com/en/market/product/38041


Smart risk management tools.

  • You can control profit , loss target easily and customizable.
  • Custom profit , loss target by amount of money method.
  • Closing and calculating all symbols or the current symbol only.
  • Can work on every trading account currency.

 

How to use?

  • Just place this EA into any symbol,currencies that you want to take control.
  • Then custom input parameters.
  • Click "OK" button.
  • Ready to work! and status will showing on chart screen.

Input Parameters


    1. Sum Profit/Loss from all positions

  • IF = " true" : EA will calculating sum of profit/loss from every positions that opening on your trading account.
  • IF = "false" : EA will work for each opening positions.

    2. Work on all currencies

  • IF = " true" : EA will work/calculating on every symbols,currencies that opening on your trading account.
  • IF = "false" : EA will work/calculating on current symbol,currency only.

    3. Close if Profit amount

    • Custom amount of money (profit target)
        4. Close if Loss amount
    • Custom amount of money (loss target) 

        5. Alert function

    • IF = " true" : EA will show alert message on chart screen when your profit/loss target reached.

        6. Close Only Custom Magic Number

    • IF = " true" :  EA will calculating/close positions only orders with a specified Magic Number

        7. Custom Magic Number

    • Custom Magic Number for orders that EA will be calculating/close positions.


    Example


      Example : 1. if you're settings

         1. Sum Profit/Loss from all positions = "true"

         2. Work on all currencies = "true"

         3. Close if Profit amount = "10"

    • When all opening positions and every currencies on your trading account got sum of profit >= 10$
    • EA will automatic close all opening positions and every currencies immediately. 


      Example : 2. if you're settings

         1. Sum Profit/Loss from all positions = "true"

         2. Work on all currencies = "false"

         3. Close if Profit amount = "10"

    • When all opening positions on current currency/symbol have sum of profit >= 10$
    • EA will automatic close all opening position on current currency/symbol immediately.

      Example : 3. If you' re settings

        1. Sum Profit/Loss from all positions = "false"

        2. Work on all currencies = "false"

        3. Close if Profit amount = "10"

    • EA will automatic close each position on current currency/symbol that got profit >= 10$ only.


      Example : 4. if you're settings.

        1. Sum Profit/Loss from all positions = "false"

        2. Work on all currencies = "true"

        3. Close if Profit amount = "10"

    • EA will automatic close each position on every currencies/symbols that got profit >= 10$.


    Attention

    • Close if profit , loss function not possible to got exactly target sometimes.
    • It possible to have discrepancy, usually + - 5 pips.
    • This is due to market conditions like fluctuation of spread, slippage, latency (delay of server).


    Reviews 4
    neongreen
    466
    neongreen 2021.03.06 08:26 
     

    FANTASTIC TOOL - is there a MT5 version?

    SOdie
    31
    SOdie 2019.08.02 03:18 
     

    This is an excellent tool. Work exactly as described. Siwakon also responds quickly to questions.

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    Sutardi
    152
    Sutardi 2022.02.05 05:34 
     

    thank kyu seller.

    Siwakon Poonsawat
    7089
    Reply from developer Siwakon Poonsawat 2022.02.28 18:35
    Hello, thanks for your suggestion
    We have added decimal numbers to the new version 1.4.
    You can update for free.
    neongreen
    466
    neongreen 2021.03.06 08:26 
     

    FANTASTIC TOOL - is there a MT5 version?

    Siwakon Poonsawat
    7089
    Reply from developer Siwakon Poonsawat 2021.03.06 17:01
    Hello, Thank you for sharing your opinion. MT5 version is coming soon.
    We will inform you of the progress.
    JAMEEL ZAKI J ALFAQIH
    554
    JAMEEL ZAKI J ALFAQIH 2020.08.28 03:16 
     

    very bad

    Siwakon Poonsawat
    7089
    Reply from developer Siwakon Poonsawat 2021.02.13 15:32
    Hello,
    Thank you for sharing your opinion. Could you please explain what your input setting?
    * That because EA will be closing position following the input setting.
    SOdie
    31
    SOdie 2019.08.02 03:18 
     

    This is an excellent tool. Work exactly as described. Siwakon also responds quickly to questions.

    Reply to review
    Version 1.4 2022.02.28
    Close profit and loss functions can be made with decimal numbers.
    Version 1.3 2019.05.07
    - Fix alert function not working properly.
    Version 1.2 2019.05.07
    Add "Close Only Custom Magic Number" Input Parameter.
    Version 1.1 2019.05.04
    - Add Alert Message if automated trading not enable.
    - Add Magic Number Input Parameter