Position Closure Management MT5

NOHEDGE
Automated Position Manager for MetaTrader 5
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OVERVIEW
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NOHEDGE is a trade management utility for MetaTrader 5 that automatically detects and closes hedged positions — opposite buy and sell orders on the same or across different symbols. It is designed for traders who use grid, martingale, or manual hedging strategies and need a reliable, configurable exit mechanism with integrated risk controls.

The EA does not open any trades. It exclusively manages and closes existing positions according to the configured rules. On every tick it scans all open positions and closes matched buy/sell pairs using the native MT5 CloseBy mechanism — eliminating the spread cost that would otherwise apply when closing each leg individually. Partial volume matching is fully supported.
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CORE FEATURES
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Native CloseBy Mechanism
Closes matched pairs using the MT5 CloseBy function to minimise spread cost. Falls back to individual close if CloseBy is unavailable on the broker.

Closing Priority
Configurable close order: newest first, oldest first, most profitable first, or least profitable first.

Daily Limits
Automatically closes all positions when a daily profit target or daily loss limit is reached — calculated from open positions AND all deals already closed that day.

Rollover Protection
Configurable quiet window around the daily swap rollover. The EA suspends all closing activity during this period. Three behaviours configurable when a daily limit is hit inside the window: postpone, close regardless, or selective close.

Spread Filter
Skips symbols where the current spread exceeds the configured maximum. A separate, higher threshold is available for crypto instruments.

Cross-Symbol Hedging
Optional mode to match buy and sell positions across different instruments — e.g. a buy on EURUSD paired with a sell on GBPUSD.

Time-Based Closing
Force-close all, only buy, or only sell positions at a configured time on individually selectable weekdays.

Panic Buttons
Three one-click emergency buttons directly on the chart: CLOSE ALL · CLOSE PROFIT ONLY · CLOSE LOSS ONLY.

Magic Number Filter
Optionally restricts management to positions opened by a specific EA, identified by magic number.

Anti-Loop Protection
Cooldown timer prevents repeated closing of the same symbol within a configurable window (default 5 minutes) to guard against rapid cycling caused by external EAs.

Status Dashboard
Live on-chart panel showing position counts, volumes, buy/sell P/L breakdown, daily P/L progress, and active filter status.

Chart Markers
Visual arrow markers for each open position with profit tooltip. Daily profit target and loss limit are displayed as horizontal lines on the chart.

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INPUT PARAMETERS
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GENERAL

CloseOrder           Newest first   Priority: Newest / Oldest / Most profitable / Least profitable
MaxRetries           3               Retry attempts if a close is rejected by the broker
RetryDelay           200 ms          Exponential backoff base delay between retries (doubles each attempt, capped at 1 s)
MagicNumber          12345           Magic number filter (active when CloseOnlyMagic = true)
CloseOnlyMagic       false           Restrict management to positions matching the specified magic number
EnableHedgeClosing   true            Master switch for automatic hedge pair detection and closing
UseDirectClose       false           Use individual PositionClose instead of CloseBy
MaxPositionsPerCycle  5              Maximum positions closed per tick to limit server load
VerboseLogging       false           Enable detailed journal logging for debugging

DAILY LIMITS

EnableDailyLimits    true           Activate the daily profit target and loss limit system
DailyProfitTarget     1000.0        Close all positions when daily P/L reaches this value (account currency)
DailyLossLimit       -500.0        Close all positions when daily P/L drops to this value (account currency)
DailyLimitBehavior    Respect ignore time  Behaviour when limit hits during rollover window: Postpone / Close regardless / Selective
CryptoHandling       Always close       How to treat crypto positions when a daily limit triggers
PreventTradeLoop     true           Enable anti-cycling cooldown after closing a pair
TradeLoopCooldown     300 s          Seconds before the same symbol can be closed again

ROLLOVER PROTECTION

EnableIgnoreTime      true       Enable the rollover protection quiet window
IgnoreStartHour       23         Hour (server time) at which the protection window begins
IgnoreStartMinute     55         Minute at which the protection window begins
IgnoreEndHour         0          Hour (server time) at which the protection window ends
IgnoreEndMinute       10         Minute at which the protection window ends
CheckSpreadInIgnoreTime true       Also skip symbols with spread above threshold inside the window
MaxAllowedSpread      5.0 pts    Maximum allowed spread for non-crypto symbols
CryptoMaxSpread       25.0 pts    Maximum allowed spread for crypto symbols
CryptoPrefix         BTC,ETH…   Comma-separated prefixes used to identify crypto instruments

TIME-BASED CLOSING

EnableTimeBasedClosing false     Close positions at a specific time of day
CloseHour             17        Hour at which positions are closed (server time, 24 h)
CloseMinute           0         Minute at which positions are closed
CloseOnlyForex        true       Exclude crypto positions from time-based close
CloseBuyOnly          false      Close only buy positions at the specified time
CloseSellOnly         false      Close only sell positions at the specified time
ClosingMonday–Sunday   Friday only  Per-day toggle for time-based closing (each weekday individually configurable)

CROSS-SYMBOL AND SINGLE POSITIONS

CrossSymbolClose     false   Match buy and sell positions across different instruments
CloseSinglePositions  false   Also close unmatched (unpaired) positions
SinglePosMaxCount     5      Maximum unmatched positions to close per cycle
MinimumLotSize        0.01   Positions below this volume are ignored

PANIC BUTTON

EnablePanicButton     true      Display emergency close buttons on the chart
PanicButtonBehavior   Close regardless  Whether panic close respects the rollover protection window
PanicButtonX / Y      20 / 50   Screen position of the button panel in pixels from top-left
ButtonWidth / Height   150 / 30  Button dimensions in pixels
ButtonColor           Red       Background colour for the main panic button
ProfitButtonColor     Green     Background colour for the profit-only button
LossButtonColor       Crimson   Background colour for the loss-only button

DAY FILTER

MondayEnabled     true     Enable EA activity on Monday
TuesdayEnabled    true     Enable EA activity on Tuesday
WednesdayEnabled   true     Enable EA activity on Wednesday
ThursdayEnabled    true     Enable EA activity on Thursday
FridayEnabled      true     Enable EA activity on Friday
SaturdayEnabled    false    Enable EA activity on Saturday
SundayEnabled      false    Enable EA activity on Sunday

VISUALISATION

ShowPositionMarkers    true     Show arrow markers on the chart for each open position
ShowOnlyCurrentSymbol  true     Show markers only for the chart's own symbol
BuyMarkerColor         SeaGreen  Colour of buy position markers
SellMarkerColor        Crimson   Colour of sell position markers
EnableEAComment        true     Show the live status dashboard on the chart
CommentRefreshSeconds   2        Dashboard refresh interval in seconds

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INSTALLATION
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1. Copy the compiled .ex5 file to the MetaTrader 5 Experts folder:
   [MT5 data folder] / MQL5 / Experts /

2. Restart MetaTrader 5 or press F5 to refresh the Navigator.

3. Drag the EA from the Navigator onto any chart.

4. In the EA properties dialog, enable "Allow automated trading" and click OK.
   The status dashboard appears immediately on the chart.

FIRST STEPS

1. Attach the EA to any chart. The symbol of the chart does not affect scope — the EA manages all account symbols by default.

2. Set DailyProfitTarget and DailyLossLimit to your desired values and enable EnableDailyLimits = true.

3. Configure the rollover protection window (IgnoreStartHour / IgnoreEndHour) to match your broker's daily swap time. Default is 23:55 – 00:10 server time.

4. If you trade with EAs that use a magic number, enable CloseOnlyMagic = true and enter the correct MagicNumber to avoid interfering with unrelated positions.

5. For multi-system setups, run multiple instances on different charts — each with a different magic number filter — to manage positions from separate trading systems independently.

IMPORTANT NOTES

- AutoTrading must be active in MetaTrader 5 (toolbar button or Ctrl+E).
- "Allow automated trading" must be enabled in the EA properties.
- The EA does not open any trades. It exclusively manages and closes existing positions.
- Visual elements are automatically suppressed during backtesting to avoid rendering overhead.
- If a CloseBy creates a residual position due to volume mismatch, the remainder is logged and processed in the next cycle.
- Volume-mismatch events are always written to the journal regardless of the VerboseLogging setting.

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CHANGELOG
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── v1.3 (Current) ──────────────────────────────────────────────

FIX #01  Commission sign error in P/L calculation corrected
FIX #02  Daily P/L now includes all deals closed earlier the same day
FIX #03  CloseBy error code handling replaced with ResultRetcode()
FIX #04  Integer overflow in retry backoff delay resolved
FIX #05  Array overflow in pair creation loop fixed
FIX #06  Monthly date rollover bug corrected
FIX #07  Cross-symbol fallthrough case handled correctly
FIX #08  Partial-close orphan positions now tracked and reprocessed
FIX #09  Profit check now includes swap and commission
FIX #10  Deprecated POSITION_COMMISSION replaced with deal history lookup

── v1.0 (Initial Release) ──────────────────────────────────────

NEW #1   Core hedge pair detection and CloseBy management
NEW #2   Panic buttons (CLOSE ALL / CLOSE PROFIT ONLY / CLOSE LOSS ONLY)
NEW #3   Daily profit target and loss limit system
NEW #4   Rollover protection quiet window
NEW #5   Spread filter with separate crypto threshold
NEW #6   Live status dashboard on chart
NEW #7   Chart position markers with profit tooltip

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COMPATIBILITY
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Platform       MetaTrader 5 (Build 3000+)
Language       MQL5
Instruments    All (Forex, Metals, Indices, Crypto, Energy)
Timeframes     All timeframes
Account Type   Demo and Live (Hedge accounts required for hedging strategies)
AutoTrading    Must be enabled in terminal and EA properties

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NOHEDGE v1.3 | fi.con Investment Group | MQL5 Marketplace
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Scalper di Tick «Tick Scalper» Pura azione del prezzo, senza indicatori. Imposta StopLoss, TakeProfit e segue le posizioni con TrailingStop.   Parametri Principali Parametro Valore Predefinito Descrizione TakeProfit — TakeProfit fisso in pip. StopLoss — StopLoss fisso in pip. TrailingStop — Distanza del TrailingStop (pip) per modificare le posizioni. cSeconds — Intervallo di controllo segnali (secondi). MinPriceShot — Movimento minimo del prezzo (pip) per attivare un segnale. MaxOrdersCou
Trailing Stop loss last X candles swing high and low.  X is a value of candles you can set as an input parameter. This Trailing stop loss moves the SL below the last X candles low(if BUY positions) or high(for SELL positions) If we are in a trend and we open a position following the trend, the SL will be automatically placed at the low or high of the last X bars. contact me if you need further assistence
The purpose   of this utility is to manage one or more subwindow in the same chart by opening and closing them through a button or the keyboard keys How it works: If you want to handle more than one subwindow you need to reinstall the indicator . In this case some setups has to be customized onlu in the last subwindow installed and others setups in the installed subwindow during the first time installation. They are denoted in the input rispectively as ' LW ' and ' IW '. First of all install
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