Lot Partial Close

5

Lot Partial Close

Closes your trades automatically by a specific size and at a specific target defined by you.

Description:

The Lot Partial close is a MetaTrader 4 Expert Advisor designed to automate trading strategies with a focus on managing multiple open orders of different sizes. This EA is versatile, allowing users to customize key parameters to meet their specific trading preferences.

Key Features:

  1. Partial Close Functionality: The EA incorporates a partial close mechanism for the first target trade. When the profit on this trade reaches a specified adjustable level, a portion of the trade is automatically closed, securing profits while allowing the remaining position to continue.

  2. Full Close on Targets or Stops: For the second target trade, users can set adjustable take profit and stop loss levels in ticks. When these levels are reached, the entire second trade is closed automatically.

  3. User-Defined Parameters: Traders have the flexibility to set various parameters, including trade sizes, partial close amounts, profit targets, take profit levels, and stop loss levels. This allows for customization based on individual trading strategies and risk tolerance.

Usage Instructions:

  1. Configure the desired parameters such as trade sizes, profit targets, and stop loss levels in the EA settings.
  2. Attach the EA to the MetaTrader 4 chart corresponding to the trading instrument of interest.
  3. The EA will automatically manage open orders based on the specified parameters.

Note: Always conduct thorough testing in a demo environment before deploying the EA in live trading.

Risk Warning: Trading involves substantial risk and may not be suitable for everyone. Ensure proper risk management practices and consider the potential impact of slippage and market conditions on automated trading.

Settings Explained:

  • Set size of the trade (default is 1.0 lot)
  • Set what size of it to be closed at your desired target (default is 0.66 lot)
  • Set your first target (default is 100 points(10pips))
  • Set the size of the remainder of the trade (default is 0.34 lot) (ex. If your trade is 1.0 lot, you set it to partially close by 0.66, the remaining size of the trade should be 0.34)
  • Set the desired Take Profit target for the second part of the trade (default is 300points(30pips))
  • Set the desired Stop Loss target for the second part of the trade (default is -200points(20pips))


*** Your partial close size and the size of the reminder of the trade's sum should be equal to your original trade (0.66 + 0.34=1.0) ***
*Change any of your targets to 0 to disable them*
*Lot Partial Close works on already open orders*

EA Lot Partial Close works on all kinds of symbols: currency pairs, metals, commodities, cryptocurrencies.

Please test the Lot Partial Close on a demo account before you buy.

Do not hesitate to contact me with any questions regarding the EA.


Recensioni 1
imparfait1
29
imparfait1 2024.07.02 21:00 
 

Great tool, I just LOVE it! Thanks Petrov!

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EA Local Trade Copier Pro MT4: Il duplicatore di operazioni definitivo senza DLL Sei stanco di copiatori di operazioni complicati che richiedono DLL esterne non sicure, bloccano il tuo terminale o ti confondono con file "Master" e "Client" separati? Sperimenta la prossima generazione di copia di operazioni con EA Local Trade Copier Pro MT4. Progettata per la massima stabilità, esecuzione fulminea e massima semplicità, questa utility ti consente di copiare senza interruzioni operazioni tra più te
X2 Copy MT4
Liubov' Shkandrii
Utilità
Veloce. Preciso. Innovativo. Tecnologico. Scopri la copia istantanea delle operazioni con il rivoluzionario X2 Copy MT4. Con solo 10 secondi di semplice installazione, otterrai un potente strumento per sincronizzare le operazioni tra i terminali MetaTrader su un singolo computer o Windows VPS con una velocità senza precedenti. Che tu gestisca più account, segua segnali o espanda la tua strategia, X2 Copy MT4 si adatta al tuo flusso di lavoro con una precisione e un controllo senza pari. Lavora p
Multi Copy
Kaijun Wang
5 (1)
Utilità
Copiatrice->Interazione dell'interfaccia comoda e veloce, gli utenti possono utilizzarla subito       ->>>> Si consiglia di utilizzarlo su computer Windows o VPS Windows Funzioni di base: La velocità di interazione normale del copy trading è inferiore a 0,5 s Rileva automaticamente le sorgenti del segnale e visualizza un elenco degli account delle sorgenti del segnale Abbinamento automatico dei simboli, il 95% dei simboli di trading comunemente utilizzati su diverse piattaforme (casi speciali co
Trade Dashboard MT4
Fatemeh Ameri
4.96 (54)
Utilità
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
HurtLockerPro Risk Manager
Vladimir Kähri
Utilità
Risk manager Risk manager - it will simplify the tracking of drawdown and will notify you (alert) when the specified risk is reached, and close/lock orders when the critical DD risk level is reached. If the specified drawdown is exceeded, you can choose two options for actions: All orders will be closed that mean loss will be fixed on depo. The terminal also closes. Instead of fixing the loss on depo, the opposite order will be opened - orders locking will occure. Not a single order will be c
Telegram To MT4 Copier
Trinh Dat
4.95 (38)
Utilità
The product will copy all telegram signal to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal, s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to
Trade Manager MT4 DaneTrades
Levi Dane Benjamin
4.09 (11)
Utilità
Trade Manager per aiutarti a entrare e uscire rapidamente dalle operazioni calcolando automaticamente il tuo rischio. Incluse funzionalità che ti aiutano a prevenire l'eccessivo trading, il vendetta trading e il trading emotivo. Le operazioni possono essere gestite automaticamente e i parametri di performance del conto possono essere visualizzati in un grafico. Queste caratteristiche rendono questo pannello ideale per tutti i trader manuali e aiuta a migliorare la piattaforma MetaTrader 4. Suppo
News Filter EA MT4
Rashed Samir
5 (10)
Utilità
News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
Fast Trade MT4
Alexey Valeev
4.8 (5)
Utilità
This trading panel has been developed for fast and comfortable operation of the financial markets. It is equipped with the necessary functions for manual and semi-automated trading. Due to the presence of the order trailing feature, trailing stop and automatic closure by equity, profit, time. You can use it to automate your trading system. All you have to do is open a position and set the parameters for maintenance, everything else will be handled by the EA. If you want to limit your losses, set
PZ Trade Pad Pro MT4
PZ TRADING SLU
3.67 (3)
Utilità
Effortlessly calculate lot sizes and manage trades to save time and avoid costly errors The Trade Pad Pro EA is a tool for the Metatrader Platform that aims to help traders manage their trades more efficiently and effectively. It has a user-friendly visual interface that allows users to easily place and manage an unlimited number of trades, helping to avoid human errors and enhance their trading activity. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] One of the k
Unlimited Trade Copier Pro
Vu Trung Kien
4.43 (7)
Utilità
Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b
Bar Replay MT4
Hoang The Manh
3.43 (7)
Utilità
Don't purchase before testing the Demo version first. DEMO version:   https://www.mql5.com/en/market/product/76917 __________________________________________________ This EA  - Tool allow you replay bar in Meta Trader 4 for back test. This Tool can back test in multi timeframe in only one chart. This Tool is very useful for Price action trader. It can work with Indicators, some indicators cannot works. So please download Demo to test before purchase.  Demo Version We do not accept refund in any
Altri dall’autore
Trade Manager MVP
Zdravko Petrov
Utilità
Trade Manager MVP is a chart-based position sizing, order execution and trade management tool designed to help manual traders plan setups, control risk and manage positions from one compact panel. Define Entry, Stop Loss, TP1, TP2 and Final TP using draggable chart lines. Set your preferred risk percentage, and the EA calculates the position size from the Stop Loss distance. Moving the Entry line automatically moves the other levels while preserving their configured pip distances. Key Features V
Trade Manager MVP MT5
Zdravko Petrov
Utilità
Trade Manager MVP MT5 is a chart-based position sizing, order execution and trade management tool designed to help manual traders plan setups, control risk and manage positions from one compact panel. Define Entry, Stop Loss, TP1, TP2 and Final TP using draggable chart lines. Set your preferred risk percentage, and the EA calculates the position size from the Stop Loss distance. Moving the Entry line automatically moves the other levels while preserving their configured pip distances. Key Featur
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imparfait1
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imparfait1 2024.07.02 21:00 
 

Great tool, I just LOVE it! Thanks Petrov!

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