Auto Close Trades at Percentage MT5

Multi Take Profit Manager

Automatically close portions of your open trades at up to three profit targets.

This utility is designed for manual traders who frequently open multiple positions and want to scale out of trades automatically as profit targets are reached.

Instead of manually closing positions one by one, the utility can partially close your total open position at predefined Take Profit levels, helping you lock in profits while allowing the remaining positions to continue running.

Key Features

✓ Up to 3 Take Profit targets

✓ Automatic partial position closing

✓ Designed for multiple open trades

✓ Flexible percentage-based scaling out

✓ Simple setup and operation

✓ Helps automate trade management

✓ Suitable for manual trading strategies

How It Works

The utility monitors your open trades and closes a specified percentage of the total position size when a profit target is reached.

Example:

You have 10 open trades.

Settings:

  • TP1 = 20 pips

  • Close 50%

When price reaches TP1:

  • 5 trades are closed

  • 5 trades remain open

At TP2:

  • Another percentage of the remaining trades is closed

At TP3:

  • The final remaining trades can be closed automatically.

This allows traders to lock in profits gradually while maintaining exposure to larger market moves.

Important

This utility is intended for traders who manage multiple positions.

It is most effective when several trades are open simultaneously.

For a single position, standard Take Profit functionality may be more suitable.

Input Parameters

TP1 (Pips)

First profit target measured in pips.

When this level is reached, the utility closes the percentage specified by CP Percent 1.

TP2 (Pips)

Second profit target measured in pips.

When reached, the utility closes the percentage specified by CP Percent 2 from the remaining open positions.

Slippage

Maximum allowed difference between the requested execution price and the actual execution price.

Execution quality depends on broker conditions and market volatility.

CP Percent 1

Percentage of open positions to close when TP1 is reached.

Example:

  • 10 open trades

  • CP Percent 1 = 50%

Result:

  • 5 trades closed

  • 5 trades remain open

CP Percent 2

Percentage of the remaining open positions to close when TP2 is reached.

Use 3rd TP and CP

Enable or disable the third Take Profit level.

Set to True if you want to use TP3 and CP Percent 3.

TP3 (Pips)

Third profit target measured in pips.

Applies only when the third target is enabled.

CP Percent 3

Percentage of the remaining positions to close when TP3 is reached.

For complete trade closure, set this value to 100%.

Magic Number

Leave empty or set to 0 when managing manually opened trades.

Using a different value may prevent the utility from managing your positions correctly.

Example Setup

  • TP1 = 20 pips

  • Close 50%

  • TP2 = 40 pips

  • Close 50% of remaining trades

  • TP3 = 60 pips

  • Close 100% of remaining trades

This creates a structured profit-taking approach where profits are secured progressively as the market moves in your favor.

Why Use Multi Take Profit Manager?

Many manual traders scale into positions using multiple entries. Managing those trades manually can become difficult during fast-moving markets.

This utility automates the profit-taking process by:

  • Reducing emotional decision-making

  • Locking in profits systematically

  • Eliminating repetitive manual trade management

  • Allowing traders to participate in larger trends while securing profits along the way

Perfect for traders who build positions gradually and prefer structured exits.

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The new version of  MirrorSoftware 2021  has been completely rewriten and optimized.  This version requires to be loaded only on a single chart because  it can detect all actions on every symbol and not only the actions of symbol where it is loaded. Even the  graphics and the configuration mode  have been completely redesigned. The MirrorSoftware is composed of two components (all components are required to work):  MirrorController  (free indicator): This component must be loaded into the MASTER
ClusterSecond
Rafil Nurmukhametov
4.78 (32)
The utility allows you to build different types of graphs: Seconds chart from 1 second to 86400 seconds Tick chart from 1 tick and above The volume chart Delta chart Renko chart Range chart Demo version of the utility https://www.mql5.com/ru/channels/clustersecond Built-in indicators for volumetric analysis: daily market profile and market profile of the selected timeframe, Cluster Search Imbalance VWAP Dynamic POC, VAH, VAL the profile depth of the market vertical volume with various display op
The script displays info about the share's corporate reports and dividends. The data is downloaded from   investing.com : Report date Profit per share (EPS) Revenue Market capitalization Amount of dividends Date of payment of dividends Dividend income The product cannot be tested in the tester (since it is not possible to receive data from the Internet). Before launching:  Add 2   URL   https://ru.investing.com/earnings-calendar/Service/getCalendarFilteredData  and   https://ru.investing.com/di
O Telegram Publisher Agent   é um complemento que permite que os traders enviem sinais para seus canais e grupos do Telegram em tempo real. Com mensagens personalizáveis, capturas de tela de gráficos e outros recursos, a ferramenta ajuda os traders a compartilhar suas ideias e estratégias de negociação com seus seguidores. A ferramenta também apresenta um belo design com alternância de tema claro e escuro, proporcionando aos usuários uma experiência de negociação estética e funcional. O Telegram
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