script to close all orders
Info
The script to close all orders is a Script for MetaTrader 4 that script to close all ordersthis script closes all open orders based on the specified settings. it can optionally consider the magic number.
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 script to close all 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.
What this tool does
script to close all ordersthis script closes all open orders based on the specified settings.
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: automated market order execution script - another powerful script for MetaTrader 4 traders.
script to close all ordersthis script closes all open orders based on the specified settings. it can optionally consider the magic number.
Also recommended: close loss positions by deposit currency amount - similar script with strong performance on MetaTrader 4.
this tool is particularly useful for traders managing large grids of orders.
input parameters:
- closeall: if true, closes all order types. if false, closes orders according to the list below.
- buy: if true, closes market buy orders.
- sell: if true, closes market sell orders.
- buy_stop: if true, closes pending buy stop orders.
- sell_stop: if true, closes pending sell stop orders.
- buy_limit: if true, closes pending buy limit orders.
- sell_limit: if true, closes pending sell limit orders.
- use_magic: if true, closes only orders with a magic number matching the 'magic' parameter and whose type corresponds to the parameters described above.
- magic: the magic number to filter orders by.
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 version "1.00"
#property strict
#property show_inputs
extern bool closeall=false;
extern bool buy=false;
extern bool sell=false;
extern bool buy_stop=false;
extern bool sell_stop=false;.......
⚠ 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.