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Partial Close Forex EA

5

The easiest to use Partial Close Forex EA  


How Partial Close EA works?


this is an automated MT4 EA to handle the management of trades for my system of “Take Profits”, “Stop Losses” and “Partial Closes”. The EA should be attached to each of trading charts. The EA can also be control via mobile MT4. When you place a market trade, the EA will setup a grid (hidden from broker) on the chart showing TP1, TP2, TP3 and SL (which can be seen). The SL will be based on the price you set on my mobile MT4. TP1 will also be based on the price you set.  TP2 will be exactly X pips from TP1, and TP3 will be exactly X pips from TP2.


(ex. GBP/USD - TP1=1.2820, TP2 =1.2860, TP3=1.2900)


This process should be automated as you enter a trade. Also, if you decide to change TP1, then TP2 and TP3 will automatically adjust to correct prices with exact X pip distance.


(ex. GBP/USD - TP1=1.2825, TP2 =1.2865, TP3=1.2905)


Once TP1 is hit, then SL will automatically move to BE. TP1 will make first partial close.

Once TP2 is hit, then SL will automatically step to TP2. TP2 will make second partial close.

Once TP3 is hit, then SL will automatically step to TP3. TP3 will make third partial close.

There after, process will continue after price moves another 40 pip without partial close until trade take itself out.


EA Setup Variables:


Visible Grid Size - (ex. 5, 10, 15, 20 TPs)

Distance between TPs - (ex. 30, 40, 50 pips)

SL offset distance - (ex. 0, 1, 2, 3, 4, 5 pips) (ex. SL=1.2825 entered --> SL=1.2522 on chart)

Partial Close % for each TP - (ex. 33%, 50%, 65% of current lot size)


** Once SL price entered, SL can be seen by broker. Once TP1 price entered, TP1 will then disappear so broker can not see it. TP2, TP3 and above will be seen as a grid on charts for visual reference. If you change TP1 for some reason during a trade on mobile app, the TP grid will recalculate on charts and will hide TP price from broker.


** there is a nice information box on the chart that show EA Setup Variables as well as next calculated price for TP and current SL price.



Comentarios 2
76773
278
76773 2024.01.08 16:47 
 

Great Tool. I see it's not possible to use this EA on more than 1 trade on same Pair or is there a way around this maybe with Magic Numbers

Axelc89
20
Axelc89 2022.12.02 13:45 
 

Hi, this tool is absolutely wonderful. No need to check for a partial close or to take a trade and calculate where put every TP, it does it automatically for you. You just have to wait the opportunity, put a buy or sell and you can leave your trading station because it places SL at BE when TP1 is hit. Moreover, you can set up what part of your position will be close at each TP. it's really a great tool that I was looking for a long time ! Thanks :)

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This trade copy utility allows you to instantly and seamlessly replicate and synchronize unlimited orders from multiple master accounts to multiple slave accounts on your local machine. You can create custom channels (or portfolios) with advanced filtering capabilities to copy from multiple master accounts to multiple slave accounts. Moreover, you can tailor these channels with a range of lot sizing and trade condition options to ensure that copied trades outperform the original source. You can
MT4 to Discord
Trinh Dat
4.29 (7)
The Expert Advisor will send notifications via Discord when orders are opened/modified/closed on your MetaTrader 4 account. - Send message and screenshot to Discord group/channel.  - Easy to customize message.  - Support custom message for all languages - Support full Emoji.  - Send report Daily, Weekly, Monthly ( must show all history of orders ) Parameters - Discord url Webhook - create webhook on your Discord channel. - Magic number filter - default all, or input magic number to notify with
What Exactly Is A Smart Trading Tool? Smart Trading Tool was developed for fast and comfortable trading of the financial markets especially for ORDER BLOCKS TRADERS . It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading Informa
Easy Strategy Builder
Gheis Mohammadi
5 (4)
The  Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. ESB has hundreds of modules to define unlimited possibilities of strategi
The program is use to copy trading from MT4   to MT4 and MT5  on local PC or copy  over the Internet.   Now you can easy copy trades to any where or share to friends. Only run one Flash Server on VPS, also need allow the apps if you turn on Windows Firewall. Can not add more than 20 account copier to server, include both  MT4 and MT5 Get free Copier EA for MT4 and MT5 (only  receive signal),   download here Instants copy, speed smaller 0.1 seconds, easy to setup How to setup and guide Let read a
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TP SL Manager
Oussama Mansour
Expert Advisor for Automatic Stop Loss and Take profit , calculated by points and cover all major pairs . you can activated the EA in your chart then place orders manually and the EA will be place TP and SL automatically for all opened orders , covered Buy market , Sell Market , Buy stop , Sell Stop , Buy limit , Sell limit . it is an easier tool that help you manage your order without effort . 100 Points = 10 Pips MT5 Version :  https://www.mql5.com/en/market/product/87655?source=Site
Dream Catcher Pro  This is a Scalping indicator for MetaTrader  4 platform based on Moving average crossover strategy. Dream Catcher Pro   is a professional indicator for the MetaTrader 4 terminal. Unlike  other Indicators  ,  Dream Catcher Pro  provides better signals and is able to identified prolonged trends . the indicator painting arrows and histogram channel that assist you for scalping trading system . Advantages of the indicator Perfect for scalping. Generates minimum false sign
The  Expert Advisor   is designed for quick and easy one-click trading to close market and pending orders in all pairs .  there is one click button to close all market pending orders and one click button to close all pending orders .  in the settings you have an options to adjust the corner and the width and front type and front color and front size .  it is an easy EA that help you to delete pending orders and close market orders . 
Hi, all. This is my new Expert -  Forex Golden Support and Resistance EA . The EA works only on very popular instrument (EURUSD). It shows stable trading during last 10  years. EA doesn't use dangerous technologies like martingale, grid. There is stable take profit and stop loss. The Expert is very simple to use. You don't need optimization for it, it has been already done for you. You just set EA on the chart and all. App works 24/5.  Settings of EA are very simple. Even newbies can understand
Time Zone EA  is a fully automated robot that uses a very efficient breakout strategy that calculate high and low from X time to X time and place orders once market breaks those levels , advanced money management and probabilistic analysis. Most effective in the price consolidation stages that occupy the bulk of the market time. Does not need forced optimization. S uitable for both beginners and experienced traders.   Requirements Trading pairs EURUSD, USDJPY Timeframe H1 Minimum deposit  $1
Best Solution for any Newbie or Expert Trader! Forex Support Resistance  is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features. it calculate highest high and lowest low of Previous X bars with possibility to select timeframe as desired . also it display the values of highest high and lowest low of Previous bar as a comment at the main chart . Imagine how your trading will improve because you are able to pinpoint the exact trigger po
Expert Advisor for Automatic Stop Loss and Take profit , calculated by Pips and cover all major pairs . you can activated the EA in your chart then place orders manually and the EA will be place TP and SL automatically for all opened orders , covered Buy market , Sell Market , Buy stop , Sell Stop , Buy limit , Sell limit . it is an easier tool that help you manage your order without effort . 10 Pips = 100 Points Pending orders SL and TP will be placed once order is activated . MT4 Version  : ht
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76773
278
76773 2024.01.08 16:47 
 

Great Tool. I see it's not possible to use this EA on more than 1 trade on same Pair or is there a way around this maybe with Magic Numbers

Axelc89
20
Axelc89 2022.12.02 13:45 
 

Hi, this tool is absolutely wonderful. No need to check for a partial close or to take a trade and calculate where put every TP, it does it automatically for you. You just have to wait the opportunity, put a buy or sell and you can leave your trading station because it places SL at BE when TP1 is hit. Moreover, you can set up what part of your position will be close at each TP. it's really a great tool that I was looking for a long time ! Thanks :)

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