track/close buys and sells buttons
Info
The track/close buys and sells buttons is a Expert Advisor for MetaTrader 4 that this tiny helper tracks total profits for sell and buy orders separately, displays them in two buttons attached to a chart and allows one to close either all buys or all sells by clicking the corresponding button. i find it useful for the cases when an order goes the wrong way and i try to get it back into profit by averaging.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use track/close buys and sells buttons
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
this tiny helper tracks total profits for sell and buy orders separately, displays them in two buttons attached to a chart and allows one to close either all buys or all sells by clicking the corresponding button.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: moving average ea - another powerful expert for MetaTrader 4 traders.
this tiny helper tracks total profits for sell and buy orders separately, displays them in two buttons attached to a chart and allows one to close either all buys or all sells by clicking the corresponding button. i find it useful for the cases when an order goes the wrong way and i try to get it back into profit by averaging.
Also recommended: em vo l - similar expert with strong performance on MetaTrader 4.
the orders tracked are those corresponding to the symbol of the chart and can be further filtered by magic number:magic < 0 : track and close all magic numbers of this symbol.
magic = 0 : track and close only orders opened manually.
magic > 0 : track and close orders of some other ea.
additionally a comment filter string can restrict the orders tracked to those with the corresponding comment.
happy trading!
You may also like: ma c d sample hedging grid - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
input int magic = 0; // magic number, -1 for all, 0 for manual
input string filtercomment = ""; // filter by order comment string
input int slippage = 3; // maximum allowed slippage
double profitb = 0.0, profits = 0.0;
int oninit()
{.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.