Partial close Sell Orders
Info
The Partial close Sell Orders is a Script for MetaTrader 5 that the main purpose of this script is to close partially open sell orders (which is in profits) and let the other running orders close in target profits. Check the Experts tab for the info after executed.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Scripts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Partial close Sell 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
The main purpose of this script is to close partially open sell orders (Which is in profits) and let the other running orders close in target profits.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Script works on MetaTrader 5. Place the file in the MQL5/Scripts folder and restart the terminal.
Description & Settings
Related: Close Position - another powerful script for MetaTrader 5 traders.
The main purpose of this script is to close partially open sell orders (Which is in profits) and let the other running orders close in target profits. Check the Experts tab for the info after executed.
Also recommended: Close All Windows - similar script with strong performance on MetaTrader 5.
How to Use This Script:Input Parameters
:
ClosePercentage : The percentage of each sell 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 sell positions)
Features
:
Works with multiple sell 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 sell 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
Make sure to test in a demo account first.
You may also like: Close All Positions - excellent alternative for script 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.