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Partial Close EA

2.67

The most simple and easy to use Partial Close EA (by Rimantas Petrauskas)

The main idea of this EA is to apply partial close to your positions. EA will automatically find your open market positions and apply partial close according to your settings.

For those who do not know what Partial Close is: it is simply an action to close only a part of your position. For example, if your trade lot size is 1.2 and you close 25% of it (which is 0.3) you will still have 0.9 lot size trade running and existing bank profits from that 0.3 lot size that was just closed. This action obviously can be performed manually, but if you want to program your MT4 to do this for you then you need "Partial Close EA".


How to use Partial Close EA?

The EA should be attached to a separate chart on your MT4 and it will apply partial close to all trades selected by magic number or trade number. The EA will see the trades of that currency pair (instrument) that it is attached to. By default the EA will apply partial close to any market order on the currency pair (instrument) it is attached to. The EA can also be applied to non-Forex pairs/instruments like Indices, Commodities, etc. For this you might need to use CustomPipSizes option (read explanation below).


Partial Close EA Inputs

  • ManageMagicNumber — This tells the EA to apply partial close to trades only with certain magic number you choose. If this value is set to zero, the EA will manage only manually opened trades. If you set this to -1 (negative one), the EA will manage all of the trades running on the account (default value).
  • ManageTradeNumber — This tells the EA to apply partial close only to the trade number specified. This will also make the EA ignore the ManageMagicNumber option.
  • ManageTradeWithComment - This tells the EA to apply partial close only to those trades that have a specified text in "trade comment". If you set this parameter to "777", it will manage trades that have "trade comment" like "1777" or "777" or "777565, but not "7737" or trades with no "trade comment" at all.
  • PartialCloseCount — This tells the EA to apply partial close X times. Set this to zero to disabled Partial Close option.
  • PartialCloseOnHoldPips — This tells the EA to start partial close when trade reaches X pips in profit. Zero means EA will start applying partial close at the first target (PartialCloseStepPips). If this option is set to 50 pips and PartialCloseStepPips=20 pips, then EA would wait for the trade to reach profit of 50 + 20 = 70 pips to close the first part of the trade.
  • PartialCloseStepPips — This tells the EA to apply partial close each X pips in profit. If this option is set to 20 pips and PartialCloseCount=3, then EA will apply partial close 3 times every 20 pips. This means TP1 = 20 pips, TP2 = 40 pips and TP3 = 60 pips.
  • PartialCloseStepPercent — This tells EA to close X% of the trade. Percentage of the lot size is counted from the initial lot size.
  • PartialCloseBreakEvenAfter — This indicates after how many partial closes EA should move stop loss to a break-even point (open price + few pips to cover commission expenses). Zero value means no break-even will be applied.
  • CustomPipSizes — I have added this option because there are no standard pip sizes for indices and other non-Forex pairs between brokers. This option allows you to override the pip size that the EA will detect automatically. In 99% cases EA will work fine on all Forex pairs, but for non-Forex pairs you might notice that pip size is different between brokers. For example NAS100 with one broker might be quoted with 1 decimal and another broker might quote it to 2 decimals. Here is an example how to enter in a comma separated list of custom pip sizes: XAUUSD=0.1,XAGUSD=0.01,WTI=0.1
  • For those who are using EA on a non-Forex pairs please set the CustomPipSizes option correctly according to your broker settings. Sorry, I am unable to help you setting this option, because each broker might need different value.
  • SlippageClosePips — This is the slippage setting EA will use to exit the market (close the trade). Note that not all brokers use this and this will be ignored by your broker on ECN accounts. If you do not know what that is, simply leave it as is.


Author

Rimantas Petrauskas, programmer, software engineer, algorithmic Forex trader.

Avis 20
darktideac2
247
darktideac2 2016.04.06 19:26 
 

Great program! Other scale out EA's I have tried worked only on attached chart and you had to set timeframe manually and cost 10x as much as this one.

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The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. 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
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. 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
Copiez les signaux de n'importe quel canal dont vous êtes membre (y compris privé et restreint) directement sur votre MT4.  Cet outil a été conçu en pensant à l'utilisateur tout en offrant de nombreuses fonctionnalités dont vous avez besoin pour gérer et surveiller les transactions. Ce produit est présenté dans une interface graphique conviviale et visuellement attrayante. Personnalisez vos paramètres et commencez à utiliser le produit en quelques minutes ! Guide de l'utilisateur + Démo  | Ve
Custom Ultimate Sniper Dashboard
Hispraise Chinedum Abraham
5 (2)
Cet indicateur Custom Ultimate Sniper Dashboard est une mise à niveau de l'indicateur original Ultimate Sniper Dashboard. Il fonctionne avec jusqu'à 98 algorithmes différents pour s'assurer qu'il capture la vraie nature d'une tendance sur une classe d'actifs avec laquelle vous travaillez. Il s'agit d'une réponse directe à un grand nombre de suggestions et de conseils que nous avons reçus de la plupart de nos clients pendant plusieurs mois.   Cette version personnalisée est entièrement personn
News Trapper EA
Noha Mohamed Fathy Younes Badr
5 (6)
News trapper EA un expert unique fait pour le trading de news Il a été développé en utilisant des années d'expérience dans le trading en direct {entièrement automatique}  très important Le programme contient des paramètres flexibles pour le trading sur les nouvelles du calendrier économique. Il ne peut pas être vérifié dans le testeur de stratégie. Uniquement du vrai travail. Dans les paramètres du terminal, vous devez ajouter le site d'actualités à la liste des URL autorisées. Cliquez sur Ou
TakePropips TradePad Pro
Eric John Pajarillaga Aldana
5 (4)
TakePropips TradePad Pro comprend un puissant gestionnaire de transactions, un indicateur de force monétaire, des outils de reporting de compte, des outils de gestion des risques, et bien plus encore ! C'est l'un des gestionnaires de trading forex et des assistants commerciaux les plus avancés que vous n'aurez jamais rencontrés! C'est la solution parfaite pour les commerçants qui veulent un moyen plus efficace de gérer les transactions commerciales. Vous pouvez télécharger le manuel d'utilisatio
Plus de l'auteur
Timed Exit EA
Rimantas Petrauskas
5 (2)
The most simple and easy to use Timed Exit EA to close all trades automatically at specific time each day (hours:minutes:seconds) (by Rimantas Petrauskas) The main idea of this EA is to automatically close trades daily at your specified time. For example if you set EA to close all trades at 15:29:30, EA will do this each day when markets are open. This way you can set the EA to close all trades before the news. EA should be attached to a separate chart of any time frame on your MT4 and it will s
Filtrer:
bikletona
44
bikletona 2020.03.02 12:44 
 

NO FUNCIONA YA

Cameron DAndrea
244
Cameron DAndrea 2018.01.26 15:34 
 

Once u get it figured out it work great

14048788
137
14048788 2018.01.14 01:22 
 

I bought it But it's not working.

Victor Angel Revilla Marquez
2153
Victor Angel Revilla Marquez 2017.10.23 05:30 
 

dosent work, what disgusting thing

Lee Bryant
2679
Lee Bryant 2016.09.20 16:51 
 

L'utilisateur n'a laissé aucun commentaire sur la note

bkarri
87
bkarri 2016.08.10 05:55 
 

Break even functionality is not working in this EA.

Example:: If break even is expected to happen on a trade after x number of partial closes, EA is modifying trade to break even right at first partial close. EA is not considering value specified. NO RESPONSE FROM AUTHOR YET. Waiting to hear back from Rimantas/ seller /author. Will update this review after response from them.

darktideac2
247
darktideac2 2016.04.06 19:26 
 

Great program! Other scale out EA's I have tried worked only on attached chart and you had to set timeframe manually and cost 10x as much as this one.

junghunna7
14
junghunna7 2015.04.23 11:45 
 

L'utilisateur n'a laissé aucun commentaire sur la note

mikal
15
mikal 2015.04.02 15:50 
 

L'utilisateur n'a laissé aucun commentaire sur la note

mrsparky
48
mrsparky 2015.03.31 14:13 
 

L'utilisateur n'a laissé aucun commentaire sur la note

tradderx
334
tradderx 2015.03.31 08:23 
 

L'utilisateur n'a laissé aucun commentaire sur la note

agustrader01
14
agustrader01 2015.03.27 03:55 
 

L'utilisateur n'a laissé aucun commentaire sur la note

chadhansen1
14
chadhansen1 2015.03.23 07:06 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Rabbitpips
299
Rabbitpips 2015.03.19 02:03 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Artep05
1613
Artep05 2015.03.17 21:38 
 

L'utilisateur n'a laissé aucun commentaire sur la note

ptrader
18
ptrader 2015.03.16 13:07 
 

L'utilisateur n'a laissé aucun commentaire sur la note

stevenvasen
17
stevenvasen 2015.03.16 09:51 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Cesta
24
Cesta 2015.03.10 22:23 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Povilas Zukauskas
18
Povilas Zukauskas 2015.03.04 09:04 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Mujeeb Abdul
2183
Mujeeb Abdul 2015.02.28 17:40 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Répondre à l'avis
Version 1.4 2021.03.08
Added compatibility with the latest MetaTrader 4 Build.
Version 1.3 2016.09.28
Fixed "ManageTradeWithComment" parameter.
Version 1.2 2016.09.20
Fixed break-even error. Now PartialCloseBreakEvenAfter parameter works correctly.

Added new feature (parameter): ManageTradeWithComment

ManageTradeWithComment - this tells the EA to apply partial close only to those trades that have specified text in "trade comment". If you set this parameter to "777", it will manage trades that have "trade comment" like "1777" or "777" or "777565, but not "7737" or trades with no "trade comment" at all.
Version 1.1 2015.12.23
Fixed problems detecting price Digits when using CustomPipSizes option.