Partial Close Buy Orders
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. 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 Partial Close Buy 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
The main purpose of this script is to close partially open buy orders (Which is in profits) and let the other running orders close in target profits. Check the Experts tab for the info.
How to Use This Script:
Input Parameters
:
ClosePercentage : The percentage of each buy position you want to close (0-100)
Slippage : Maximum allowed slippage in points
CommentText : If you want to close only positions with a specific comment (leave empty for all buy positions)
Features
:
Works with multiple buy positions
Preserves stop loss and take profit levels for the remaining position
Validates minimum volume requirements
Handles errors and provides feedback
Installation
:
Copy the code to MetaEditor
Compile it (F7)
The script will appear in the Navigator panel under "Scripts"
Drag it to any chart to execute
Notes
:
The script will close the specified percentage of ALL buy positions unless you filter by comment
It uses FOK (Fill or Kill) execution type to ensure the entire partial close is filled at once
The remaining position will keep its original SL/TP levels
