Simple MT4 EA For Risk Management - Will imediatly close any order placed that is above a user input Lot size

MQL4 Experts

Trabalho concluído

Tempo de execução 20 minutos
Comentário do cliente
Very experienced and talented developer. Would not hesitate to use again.

Termos de Referência

Hello,

I would like an EA for MT4 created that will quickly close any individual order that is placed above a certain Lot size to assist in risk management.


EA Name: Max Lot Size


Required User Inputs

Max Lot Size: User will be able to enter Max Lot Size Setpoint with the following digits (000.0)

This entered value will then be used by the EA to perform the below function.


Required EA Function

When loaded to a chart in the background the EA will be operating. As soon as an order is opened either by manual trading or by using another EA Trade Manager utility to open an order, as soon as it is placed the open order will be checked for its Lot size. If the open order is greater than or equal to the user input 'Max Lot Size'. Then the EA will immediately close that open order.

Speed of execution is important. The only purpose of this EA is to help at times when I get annoyed and ignore risk and place a big Lot order without thinking of risk, just wanting to make fast money. To quickly act to close that order so I reconsider my action. No notifications are required of order closing. Just close the order. Doesn't need any panel or stats.

The EA is not looking for any total Lot size of multiple orders, or daily max lot. Just immediate single orders. All individual orders must be under the 'Max Lot Size' else they are closed.


Think that should be straight forward. Thank you for reading.

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