Collective TP SL manager
- Utilitários
- Versão: 2.0
Collective TP SL Manager is a MetaTrader 5 utility that manages a combined take-profit and stop-loss across many open positions on one symbol. Instead of setting TP/SL per order, it watches the net profit or loss of all (or filtered) positions and closes the basket when your target is reached.
Features
- Basket-level targets: one collective take-profit and one collective stop-loss for the whole group of positions.
- Net P/L monitoring: continuously sums the profit/loss of all selected positions in real time.
- Flexible filtering: include all positions or filter by symbol, magic number or direction, so you can manage one strategy's basket separately.
- Automatic close: flattens the basket the moment combined P/L hits a level, which is ideal for scalping and multi-EA accounts.
Inputs
- Target Profit: collective take-profit in money or percent.
- Stop Loss: collective loss limit in money or percent.
- Filter Mode: all positions, by symbol, by magic number, or by direction.
- Apply To: buys, sells, or both.
- Check interval.
Outputs
- On-chart status showing the basket's current net P/L against the targets.
- Automatic basket close when a target is reached.
Alerts
Optional alerts can be sent as a screen popup, sound, push notification and email when the basket is closed.
Limitations
It manages existing positions as a group; it does not open trades. Closing the whole basket means winners and losers close together at the target. Execution is subject to broker conditions.
Full guide: see the Comments section.
