Track/close buys and sells buttons
This tool for MetaTrader 4 is specifically engineered to streamline your trading operations. This Expert Advisor serves as automated trading software. It is utilized to monitor financial markets and execute trades based on predefined algorithmic rules, enabling precise position management without the need for constant manual oversight.
How to Setup 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.
Description & Settings
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.
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!
