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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TradeMirror é uma ferramenta local de cópia de ordens desenvolvida para as plataformas MT4/MT5, com suporte à sincronização de negociações em tempo real. Samouczek Kliknij link Samouczek Trademirror , aby zobaczyć więcej samouczków. Vantagens do Produto Alinhado com os altos padrões de segurança, estabilidade e privacidade para softwares financeiros, otimizamos três aspectos fundamentais: Interface gráfica intuitiva para operação simplificada Proteção de privacidade reforçada para isolamento de
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
Take a Break
Eric Emmrich
5 (31)
Take a Break pauses your Expert Advisors when trading is a bad idea: before news, after a daily loss, outside your trading hours, or when a rule you wrote yourself says so. When the pause is over, your EAs simply continue. Account protection for all your EAs in one tool: news filter, drawdown and equity protection, time filter and custom rules. One EA on one chart protects the whole account, the free indicator gives every chart its own rules on top. Free demo | What is new in 26.09 | Support Ass
Copiadora->Interação de interface conveniente e rápida, os usuários podem usá-la imediatamente       ->>>> Recomendado para uso em computadores Windows ou VPS Windows Características: Configurações de negociação de cópias diversificadas e personalizadas: 1. Diferentes modos de lote podem ser definidos para diferentes fontes de sinal 2. Diferentes fontes de sinal podem ser definidas para negociação de cópias direta e reversa 3. Os sinais podem ser definidos com comentários 4. Se deve calibrar o
Trade Manager MT4 DaneTrades
Levi Dane Benjamin
4.09 (11)
Trade Manager para ajudá-lo a entrar e sair rapidamente de negociações enquanto calcula automaticamente seu risco. Incluindo recursos para ajudar a evitar negociações excessivas, negociações de vingança e negociações emocionais. As negociações podem ser gerenciadas automaticamente e as métricas de desempenho da conta podem ser visualizadas em um gráfico. Esses recursos tornam este painel ideal para todos os traders manuais e ajudam a aprimorar a plataforma MetaTrader 4. Suporte multilíngue. Vers
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Fatemeh Ameri
4.96 (55)
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
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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 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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