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.


Comentários 1
imparfait1
29
imparfait1 2024.07.02 21:00 
 

Great tool, I just LOVE it! Thanks Petrov!

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Este é um painel de negociação visual que ajuda você a realizar e gerenciar operações facilmente, evitando erros humanos e aprimorando sua atividade comercial. Ele combina uma interface visual fácil de usar com uma abordagem sólida de gerenciamento de riscos e posições. [ Guia de instalação | Guia de atualização | Solução de problemas | FAQ | Todos os produtos ] Surpreendentemente fácil de usar Negocie facilmente a partir do gráfico Negocie com gerenciamento preciso de riscos, sem complicações
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)
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
This is a program in the form of an EA that attaches to a chart in MetaTrader 4. Then, by using API from Bittrex, Binance websites, it downloads the history of altcoins. By selecting a pair name, the EA automatically downloads all time frames history (Daily,H12,H4,H2,H1,M30,M15,M5,M3,M1) so there is no need to attach multiple EAs to different charts. You can select one pair from Bittrex and 4 pairs from Binance exchange with one running EA and create up to 15 timeframes for 5 different pairs. Th
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
Grid Manual MT4
Alfiya Fazylova
4.71 (17)
"Grid Manual" é um painel comercial para trabalhar com uma grade de ordens. O utilitário é universal, possui configurações flexíveis e uma interface intuitiva. Ele trabalha com uma grade de ordens não apenas na direção da média das perdas, mas também na direção do aumento dos lucros. O trader não precisa criar e manter uma grade de ordens, tudo será feito pelo ""Grid Manual". Basta abrir um orden e o "Grid manual" criará automaticamente uma grade de ordens para ele e trabalhará com ele até que s
Negocie o suporte e a resistência ou as zonas de oferta e procura automaticamente depois de identificar as áreas-chave nas quais pretende negociar. Este EA permite-lhe desenhar zonas de compra e venda com um único clique e, em seguida, colocá-las exatamente onde espera que o preço mude. O EA monitoriza então estas zonas e realizará automaticamente negociações com base na ação de preço que especificar para as zonas. Assim que a negociação inicial for realizada, o EA obterá lucro na zona oposta q
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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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