Profit or Loss Pad

4.27

Closing positions in MetaTrader 5 upon reaching the total profit/loss with the profit trailing function.  CloseIfProfitorLoss with Trailing

  • You can enable the Virtual stops (Separate Order),
  • calculating and closing for BUY and SELL positions separately (Separate BUY SELL),
  • closing and calculating all symbols or the current symbol only (All Symbols),
  • enable trailing for profit (Trailing Profit)
  • Positions are closed based on a value in deposit currency, points, % and drawdown.

The application is designed for use on any account together with any other EA or in combination with manual trading.

As soon as the total balance of trades on some pair or all pairs is greater than or equal to the value specified in the settings, all positions are closed and orders are deleted.

This version is not only capable of closing a position at the specified profit level, but can also trail profit for better results.

The main functions of our utility

Closing by Total Profit for all symbols;

Closing by Total Profit for separate deals. (Virtual mode);

Closing by Total Profit with Profit Trailing;

Closing by Total Profit in points, percents, or currency;

Closing by Total Loss for all deals or separate deals;

Closing Charts and Terminal after closing deals, Risk Manager, Mail with information about closing, Push notification. And so on.

You can also try our panel for  CloseIfProfitorLoss with Trailing МТ4 Profit or Loss for mt4

This pad EA is part of our "One Click Trading " - VirtualTradePad for mt5 system and contains only the CLP tab.

CloseIfProfitorLoss with Trailing - Full Description + DEMO + PDF

Usage

  1. Start the panel on your currency pair chart.
  2. On the panel select the option to close positions by all symbols or by the current symbol.
  3. To activate the options for selecting the close type, you need to specify a non-zero value for the corresponding parameters.
  4. Check the options you want to use for closing (Profit\Loss in pips\dollars\percent).
  5. Enable the Close if Profit or Loss button, it should become blue. It means that the Expert Advisor has started working.
  6. Once the profit or loss of your position crosses the set levels, the positions will be closed.
  7. The emergency button CLOSE ALL is intended for closing all positions instantly.

Management

  1. All Symbols - enables closing for all symbols.
  2. XXXXXX only - only closing on the current pair the EA is running on.
  3. Separate BuySell - enables separate closing for BUY and SELL positions.
  4. Separate Order - separate closing for each separate positions.
  5. Profit $ - enables\disables closing by a total profit in USD or deposit currency.
  6. Profit p - enables\disables closing by a total profit in pips.
  7. Profit % - enables\disables closing by a total profit in percent of current balance.
  8. Loss $ - enables\disables closing by a total loss in USD or deposit currency.
  9. Loss p - enables\disables closing by a total loss in pips.
  10. Loss % - enables\disables closing by a total loss in percent of current balance.
  11. Close if Profit or Loss ON / OFF - the function closing by a total profit or loss is enabled / disabled

Trailing Profit

Trailing based on configured parameters.

This function enables trailing for profit (floating profit) at closing.
In this case, the profit is not fixed but is closed with a trailing of the specified value. As soon as the profit reaches the specified value, the Expert Advisor saves the current profit level and starts trailing the profit.

Example:

  • If Profit $ is set to 10 and TrailingProfit is set to 5 the Trailing Stop will be set at 5 dollars.
  • The Trailing Stop will come into play when the Expert Advisor passes the 10 dollar line and start moving following the profit. 
  • When the total profit falls below the last fixed level, TrailingProfit, the Expert Advisor will perform forced closing of all position.

External Variables and Settings

Notifications: Toggle phone notifications or sound alerts for position actions and errors. Customize sound file names without extensions.

Language: Select interface language (Spanish, Portuguese (Brazil), German, Chinese, Japanese). Defaults to terminal language.

MagicNumber (int): Assigns a unique magic number to identify positions/orders opened by this EA. 0 means no magic number.

UseAllMagicFromAllAccount (bool): true: Monitors all positions for the current symbol across the account. false: Only monitors positions with specified MagicNumber(s).

Show_Future_BE_TP_SL: Displays break-even, take profit, and stop loss levels on the current chart based on profit/loss settings. Only for the current symbol and when separate orders mode is off.

CLP_TralOptionsStep (double): Defines the step size for adjusting the trailing profit level (in points, currency, or percent).

Use_Commission_in_CLP (bool): Includes commission in profit/loss calculations when closing positions.

AutoCorrect_LevelCLP (bool): Automatically corrects profit/loss input values to ensure valid entries.

CLP_DeleteStopOrders (bool): Deletes pending orders when closing positions based on total profit or loss.

Use_Lots_in_CLP_Points (bool): Considers lot size when calculating profit/loss points, useful for hedge accounts with varying lot sizes.

CPL_CloseAllCharts_per_CloseAllDeals: Closes all charts with the EA before closing positions, saving chart templates (MT5 only).

CPL_CloseTerminalAfterClose (bool): Closes the terminal after all positions are closed.

ShowCloseAllButton (bool): Displays a "Close All" button on the panel to immediately close all transactions.

ClosingCurrentTicketOnly (bool): Closes only the current list of tickets, ignoring new positions opened by other EAs.

ClosebyFIFO (bool): Closes positions using FIFO (First In, First Out) order.

VPS_CLP_Activation (bool): Activates CLP settings for VPS, allowing external variable management.

VPS_CLP_Parameters: Various settings to manage profit, loss, and trailing options specifically for VPS environments.

LimitFor: Time frame for checking open/closed deals to limit profit/loss.

LimitForLosses & LimitForProfits: Sets loss and profit limits that trigger alerts.

LimitForLotsDeals & LimitForCountDeals: Limits on lot sizes and number of deals that trigger alerts.

TypeFilling: Sets the order filling type for MT5 (AUTO, FillOrKill, ImmediateOrCancel, Return). AUTO lets the EA determine the type automatically.



#tags Expforex, Vladon, Manual Trade , Trade Panel ,Panel Trade,Trade Utility ,Self Test ,Take Profit ,Tool Management ,Management Tool ,Forex helper ,Forex Trade ,Training virtual trade ,Quick Tool, Manual Tester, Manual Backtest,TesterPad, Tradepad, Virtual Trade Pad, Торговая панель , Trader Assistant ,CLP,CloseifProfitorLoss,Close Profit,Total Profit, Close if Profit or Loss , Trailing Profit, Smart Trailing Stop


    Reviews 15
    rafaelmercadop
    160
    rafaelmercadop 2024.04.26 19:02 
     

    I can't thank Vladislav enough for their tool and their patience in upgrading it to meet my needs. They were incredibly helpful and professional throughout the process. Thank you so much for your assistance!

    Atila R Akdeniz
    500
    Atila R Akdeniz 2022.05.13 08:57 
     

    Excellent Tool, very useful to do operations on the termial. All of Vladislav's products are of excellent quality, and he provides very good support. With the current prices it's a good time to buy all his products.

    Vadim Vronsky
    485
    Vadim Vronsky 2022.01.12 02:58 
     

    Hi, I bought Profit or Loss Pad 1 month ago and run it on MT5 and it worked OK. I found the EA very helpful and bug fee in work that helps me to scalp not looking when I need to get out. EA that good tool. 5 stars to Vlad.

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    Filter:
    Teichix
    19
    Teichix 2025.08.01 08:41 
     

    I installed the MT5 with various instances on my computer, trading account and demo account broker 1, trading account and demo account broker 2. The EA could only be installed on one trading account. He neither had him installed on the demo account of the same broker nor on the second trading account of the other broker. For me only very limited

    Vladislav Andruschenko
    293471
    Reply from developer Vladislav Andruschenko 2025.08.01 09:06
    You can install on unlimited accounts and terminals on your computer. Just read my guide https://expforex.com/metatrader-market-how-to-buy-an-advisor-on-mql5-com-how-to-rent-how-to-update-how-to-install/
    rafaelmercadop
    160
    rafaelmercadop 2024.04.26 19:02 
     

    I can't thank Vladislav enough for their tool and their patience in upgrading it to meet my needs. They were incredibly helpful and professional throughout the process. Thank you so much for your assistance!

    Vladislav Andruschenko
    293471
    Reply from developer Vladislav Andruschenko 2024.04.26 19:13
    Thank you 😊
    Marcelo Felix
    23
    Marcelo Felix 2023.05.14 23:33 
     

    User didn't leave any comment to the rating

    Vladislav Andruschenko
    293471
    Reply from developer Vladislav Andruschenko 2023.05.15 06:43
    Do you have algo trading enabled?
    Jakote Molemi
    207
    Jakote Molemi 2023.04.07 11:48 
     

    Hi Vladislav, this utility opens positions (I mean lots and lots of 1 lot positions at times); I do not have anything visible evidence to show you except I have tested this issue by removing this program from the chart and placing it again on the chart. I suggest you give this program a magic number then you can see or I can send the evidence. Please deal with this because it is an excellent utility an I do not make so much profit without it.

    Vladislav Andruschenko
    293471
    Reply from developer Vladislav Andruschenko 2023.04.07 13:11
    Hello. FULL INFO about your problem: How to make Files https://www.mql5.com/en/blogs/post/732566 ⚠️⚠️⚠️
    Anuar Nurmagambetov
    49
    Anuar Nurmagambetov 2022.11.16 13:14 
     

    При количестве сделок свыше 50ти слетает с графика на любом терминале. Уже пятый раз получаю бОльший убыток, чем должно было быть.

    Vladislav Andruschenko
    293471
    Reply from developer Vladislav Andruschenko 2022.11.16 13:46
    Что пишет в журнал?
    Atila R Akdeniz
    500
    Atila R Akdeniz 2022.05.13 08:57 
     

    Excellent Tool, very useful to do operations on the termial. All of Vladislav's products are of excellent quality, and he provides very good support. With the current prices it's a good time to buy all his products.

    Vladislav Andruschenko
    293471
    Reply from developer Vladislav Andruschenko 2022.05.13 11:44
    Thank you very much
    Vadim Vronsky
    485
    Vadim Vronsky 2022.01.12 02:58 
     

    Hi, I bought Profit or Loss Pad 1 month ago and run it on MT5 and it worked OK. I found the EA very helpful and bug fee in work that helps me to scalp not looking when I need to get out. EA that good tool. 5 stars to Vlad.

    Vladislav Andruschenko
    293471
    Reply from developer Vladislav Andruschenko 2022.01.13 06:25
    Thank you ))
    Stan Baftalovskiy
    1533
    Stan Baftalovskiy 2021.09.09 19:26 
     

    Отличный продукт, мне понравился!

    Vladislav Andruschenko
    293471
    Reply from developer Vladislav Andruschenko 2021.09.09 19:29
    Спасибо, я стараюсь ))
    Agnaldo Donizete Prata
    701
    Agnaldo Donizete Prata 2021.05.23 04:58 
     

    Awsome tool, it makes risk management a lot easyer, thanks to the developer, good job.

    Vladislav Andruschenko
    293471
    Reply from developer Vladislav Andruschenko 2021.05.23 05:55
    Thank you.
    emat
    40
    emat 2020.12.29 17:58 
     

    Very good product.

    Vladislav Andruschenko
    293471
    Reply from developer Vladislav Andruschenko 2020.12.29 20:14
    Thank you. ))
    Konstantin Zharitov
    1219
    Konstantin Zharitov 2020.01.15 10:01 
     

    Best 30 bucks investment on the market!

    Thanks for the great product!

    Vasil lupanov
    722
    Vasil lupanov 2019.12.26 12:38 
     

    For the good expert 5 gold stars !!! For the designer and the man who created it, 10 gold stars. Thank you my friend !!!

    bsandaruwan
    1037
    bsandaruwan 2016.01.17 15:16 
     

    Before talk about the EA I like to talk about Author

    He is the best Author I saw in Mql5

    His service 5star for me.

    Very kind and honest person

    Always response with very patient & professional way with his Knowledge.

    Profit or Loss Ea very useful for me.

    Its work very well with all currency pairs.

    Extremely happy with Ea

    Thx Lot Vladislav for your nice EA’s and 5 star Service.

    Frederic Fachard
    1217
    Frederic Fachard 2015.05.26 18:37 
     

    I bought this product in january 2015.

    I'm happy with it :)

    It really makes what he is supposed to !

    It can close order(s) for a specified symbol OR ALL orders

    Setting of the targets (win and/or loss) are easy to setup (in account currency and/or points and/or % of balance)

    Hint :

    About setting the targets in "loss", don't forget to ADD THE MINUS SIGN BEFORE THE VALUES ;)

    For example, if you enter positive value (without the minus sign) on "Loss $" field, the order may be immediately closed !

    In loss section, you have to enter "-5.00" if you want the order to close when your loss reached USD 5.00 ...

    Things that could be enhanced :

    - When market is fast moving, the EA have some difficulty to follow... (the target may be reached for a flash moment and sometimes the EA miss it...)

    - Maybe an alert by email and/or push when the EA closes some order with details about what have been done.

    All in all, thank you for this nice product :)

    Giovanni Pascoli
    1697
    Giovanni Pascoli 2014.04.24 19:01 
     

    User didn't leave any comment to the rating

    Reply to review