Alorny Partial Exit Manager

# Alorny Partial Exit Manager

Scale out of selected MetaTrader 5 positions manually or at staged profit and loss levels.

Alorny Partial Exit Manager watches existing positions. It can close a chosen percentage of current volume from the panel, close one selected ticket, or automatically close percentages of the original volume across as many as ten profit stages and ten loss stages.

Core functions

* Up to ten automatic profit stages
* Up to ten automatic loss stages
* Independent closure percentage at every stage
* Stage distance measured against the position take profit or stop loss
* Configurable point distance when a position has no take profit or stop loss
* Manual partial closure across all managed positions
* Manual partial closure of one ticket
* Automatic break even after the first profit stage
* Optional break even at a specified open profit in points
* Include and exclude filters for symbols, magic numbers, and comment text
* Durable initial volume and completed stage records across terminal restarts
* Volume normalization for the receiving broker
* Support for hedging and netting accounts

Stage format

Enter each stage as target percent followed by initial volume percent. Separate the two values with a colon and separate stages with commas. For example, `25:25,50:25,75:25,100:25` closes 25 percent of initial volume at each quarter of the path from entry to take profit.

The total closure percentage for one side cannot exceed 100 percent. Levels must increase and no more than ten stages are accepted.

How to use it

Attach Alorny Partial Exit Manager to one chart. Enable Algorithmic Trading. Configure profit stages, loss stages, and filters. The panel reports the number of managed positions and offers controls for every managed position or one ticket from the input.

Important

This product manages existing positions. It does not choose entries and it makes no profit promise. Test every stage and filter on a demo account before using it on a live account.