n Close Orders
Info
The n Close Orders is a Library for MetaTrader 5 that close_orders - universal function for closing positions and deleting ordersbrief description one function for 14 trade management tasks in metatrader 5. Closes positions and deletes pending orders with filtering by type, profitability and magic number.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Libraries folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use n Close Orders
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
Close_Orders - Universal function for closing positions and deleting ordersBrief description One function for 14 trade management tasks in MetaTrader 5.
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Library works on MetaTrader 5. Place the file in the MQL5/Libraries folder and restart the terminal.
Description & Settings
Related: Functions to simplify work with orders - another powerful library for MetaTrader 5 traders.
Close_Orders - Universal function for closing positions and deleting orders
Also recommended: To Close All Open Trades of Different Symbols - similar library with strong performance on MetaTrader 5.
Brief descriptionOne function for 14 trade management tasks in MetaTrader 5.
Closes positions and deletes pending orders with filtering by type, profitability and magic number.
What it can do For positions (9 options):
All positions / only profitable / only losing positions
BUY only / SELL only
BUY profitable / BUY unprofitable
SELL profitable / SELL losing
For pending orders (5 options):
All pending orders / only Buy Stop / only Buy Limit
Only Sell Stop / only Sell Limit
How to use Parameters:
p_o : "
Position" or "Order" .
type_po :
Filter type (see options above)
magicNumber : Magic
(0 = all)
Advantages
Simplicity
- one call instead of 14 functions
Flexibility
- fine filtering of trades
Safety
- proper handling of loops
Versatility
- for Expert Advisors, scripts, indicators
Technical features
deviation = 5
- optimal
price tolerance
Iteration from the end -
safe deletion
Local variables -
query isolation
Inclusion in project
You may also like: n Modify Orders - excellent alternative for library users on MetaTrader 5.
⚠ 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.