Close Multiple Orders
This is a powerful addition to your MetaTrader 4 toolkit designed to optimize market analysis and performance. This script functions as a utility program designed for specific, one-time execution tasks. It is utilized to perform targeted actions, such as closing all open orders, managing chart objects, or executing custom administrative commands on demand.
How to Setup and Use Close Multiple Orders
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
Description & Settings
A simple script to close multiple market orders.
Input parameters:
ClossAll -> If this parameter is set to true, all orders (Buy, Sell, Pending orders) are close. This parameter supercedes every other.
CloseBuyOders -> Closes only Buy orders. If 'CloseOnlyProfit is set to true it closes only Buy positions in profit.
CloseSellOrders -> Closes only Sell Orders. If 'CloseOnlyProfit' is set to true it closes only Sell positions in profit.
CloseBuyLimits -> Delete all BuyLimit pending orders if set to true.
CloseSellLimit -> Delete all SellLimit pending orders if set to true.
CloseOnlyProfit -> Will close only trades in profit. If 'CloseAll' is set to true, this parameter will be ignored and all trades will be closed
Slippage -> The minimum allow Slippage. Leave current settings intact if unsure of slippage to apply.
Please make sure you enable automated trading in your terminal, as the figure below, for scripts to function.
