Close All Advanced

Close All Advanced
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Close All Advanced

Info

The Close All Advanced is a Script for MetaTrader 4 that thinktrusttradethis script offers a comprehensive solution for managing open positions in your metatrader 4 terminal. It provides the flexibility to close all positions or selectively close similar ones.

Usage

This tool is typically used for enhancing chart analysis and decision making.

Platform

This Script works exclusively on MetaTrader 4 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL4/Scripts folder via File ? Open Data Folder in MetaTrader 4.


How to Install and Use Close All Advanced

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.

What this tool does

thinktrusttradeThis script offers a comprehensive solution for managing open positions in your MetaTrader 4 terminal.

Typical Use Case

This Script excels in automated trading and technical analysis on MetaTrader 4.

Compatible Platform & Setup

This Script works on MetaTrader 4. Place the file in the MQL4/Scripts folder and restart the terminal.

Description & Settings

Related: script to close all orders - another powerful script for MetaTrader 4 traders.

thinktrusttrade

This script offers a comprehensive solution for managing open positions in your MetaTrader 4 terminal. It provides the flexibility to close all positions or selectively close similar ones.

Also recommended: close loss positions by deposit currency amount - similar script with strong performance on MetaTrader 4.


Customization options include:

- Position side: Choose between long or short positions.

- Magic number: Close or skip positions with a specific magic number.

- Market instrument: Target specific instruments.

- Combination of the above: Apply multiple criteria for precise control.

Using the script is straightforward: drag it to the chart and adjust the settings to fit your needs.

You may also like: close all positions by total profit or loss - excellent alternative for script users on MetaTrader 4.

Source Code

#property copyright "robotfx"
#property link "https://robotfx.org"
#property show_inputs
extern string  visit="www.think-trust-trade.com";
extern string  like="www.facebook.com/thinktrusttrade";
extern bool long=true;
extern bool short=true;
extern int only_magic=0;
extern int skip_magic=0;
extern bool only_below_symbol=false;

.......

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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.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.