reconstruction of positions
Info
The reconstruction of positions is a Script for MetaTrader 5 that reconstruction of positions — an example of working with a trading history on hedge accounts. an example of the final output:position #0deal_entry_in, type deal_type_buy, price 1.
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 reconstruction of positions
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
reconstruction of positions — an example of working with a trading history on hedge accounts.
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: Trade Journal Exporter: Closed Positions to CSV - another powerful script for MetaTrader 5 traders.
reconstruction of positions — an example of working with a trading history on hedge accounts.
Also recommended: set stop loss on all open positions by target loss amount - similar script with strong performance on MetaTrader 5.
an example of the final output:position #0deal_entry_in, type deal_type_buy, price 1.04552, deal eurusd, volume 0.03, deal_position_id #119707903, profit 0.00deal_entry_out_by, type deal_type_sell, price 1.04562, deal eurusd, volume 0.02, deal_position_id #119707903, profit 0.20deal_entry_out_by, type deal_type_sell, price 1.04534, deal eurusd, volume 0.01, deal_position_id #119707903, profit -0.18position #1deal_entry_in, type deal_type_sell, price 1.04562, deal eurusd, volume 0.02, deal_position_id #119708383, profit 0.00deal_entry_out_by, type deal_type_buy, price 1.04552, deal eurusd, volume 0.02, deal_position_id #119708383, profit 0.00position #2deal_entry_in, type deal_type_sell, price 1.04534, deal eurusd, volume 0.05, deal_position_id #119708643, profit 0.00deal_entry_out_by, type deal_type_buy, price 1.04552, deal eurusd, volume 0.01, deal_position_id #119708643, profit 0.00deal_entry_out, type deal_type_buy, price 1.04524, deal eurusd, volume 0.04, deal_position_id #119708643, profit 0.40
as can be seen, deals taken from the trading history are grouped into positions to which they relate. grouping by parameter
You may also like: close profit positions: instant exposure management - excellent alternative for script users on MetaTrader 5.
Source Code
/.......
⚠ 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.