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CloseAllAtEquityLevel
Apr 17, 2012からメンバー
9 投稿
May 04, 2012 at 02:46
Nov 27, 2010からメンバー
244 投稿
More specifics would help.
By the title, it also sounds more like a trade management EA. Steve Hopwood wrote an excellent Multi Purpose Trade Management EA (MPTM). Read its documentation, it'd probably do what you want.
That said:
extern bool EquityStopLoss = TRUE;
extern double EquityPercent = 10.0; //for 10% drawdown
int start(){
if(EquityStopLoss&&1-AccountEquity()/AccountBalance()>EquityPercent/100){ //if drawdown exceeds 10%
CloseAll(); //Close all trades
}
}
void CloseAll(){ //Close all BUY and SELL orders including Pending Orders if any
bool result=false;
for(int i=OrdersTotal()-1;i>=0;i--){
OrderSelect(i,SELECT_BY_POS,MODE_TRADES);
if(OrderSymbol()==Symbol()&&OrderMagicNumber()==Magic)result=OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),MaxSlippage*mt,Blue);
if(result==false){
Print("CloseAll failed with error#",GetLastError());
continue;
}
}
}
By the title, it also sounds more like a trade management EA. Steve Hopwood wrote an excellent Multi Purpose Trade Management EA (MPTM). Read its documentation, it'd probably do what you want.
That said:
extern bool EquityStopLoss = TRUE;
extern double EquityPercent = 10.0; //for 10% drawdown
int start(){
if(EquityStopLoss&&1-AccountEquity()/AccountBalance()>EquityPercent/100){ //if drawdown exceeds 10%
CloseAll(); //Close all trades
}
}
void CloseAll(){ //Close all BUY and SELL orders including Pending Orders if any
bool result=false;
for(int i=OrdersTotal()-1;i>=0;i--){
OrderSelect(i,SELECT_BY_POS,MODE_TRADES);
if(OrderSymbol()==Symbol()&&OrderMagicNumber()==Magic)result=OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),MaxSlippage*mt,Blue);
if(result==false){
Print("CloseAll failed with error#",GetLastError());
continue;
}
}
}
Consistency above all.
Apr 17, 2012からメンバー
9 投稿
May 10, 2012 at 18:37
Apr 17, 2012からメンバー
9 投稿
Raiden posted:
More specifics would help.
By the title, it also sounds more like a trade management EA. Steve Hopwood wrote an excellent Multi Purpose Trade Management EA (MPTM). Read its documentation, it'd probably do what you want.
That said:
extern bool EquityStopLoss = TRUE;
extern double EquityPercent = 10.0; //for 10% drawdown
int start(){
if(EquityStopLoss&&1-AccountEquity()/AccountBalance()>EquityPercent/100){ //if drawdown exceeds 10%
CloseAll(); //Close all trades
}
}
void CloseAll(){ //Close all BUY and SELL orders including Pending Orders if any
bool result=false;
for(int i=OrdersTotal()-1;i>=0;i--){
OrderSelect(i,SELECT_BY_POS,MODE_TRADES);
if(OrderSymbol()==Symbol()&&OrderMagicNumber()==Magic)result=OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),MaxSlippage*mt,Blue);
if(result==false){
Print("CloseAll failed with error#",GetLastError());
continue;
}
}
}
Thank you for the answer!
I dont know much about Metaquotes... How can I change the percentage?
If I want that it closes all my operations if the equity reaches 20% decrease... fore example... What Should I do?
Apr 17, 2012からメンバー
9 投稿
May 11, 2012 at 02:14
Nov 27, 2010からメンバー
244 投稿
You could copy that text, open the Meta Editor, and paste that into an EA. (There are two more variables that need to be defined though.)
But you should skip that and just use the Multi Purpose Trade Management EA by Steve Hopwood in the forexfactory.com link.
But you should skip that and just use the Multi Purpose Trade Management EA by Steve Hopwood in the forexfactory.com link.
Consistency above all.
Dec 15, 2010からメンバー
784 投稿
May 31, 2012 at 01:56
Nov 27, 2010からメンバー
244 投稿
I've written the EA, you can find it here.
http://raidenworks.com/2012/05/31/drawdown-percent-close-ea/
http://raidenworks.com/2012/05/31/drawdown-percent-close-ea/
Consistency above all.
May 30, 2012からメンバー
124 投稿
Dec 15, 2010からメンバー
784 投稿
Nov 08, 2016 at 07:25
Jul 07, 2016からメンバー
1 投稿
Hi Raiden.
I like your indicator but need update.
Please update your indicator with new MQL4 language. (The MQL4 language has significantly changed since build 600 in the beginning of 2014).
If I cannot update it, the guidelines me to update it. I am a novice in MQL
I like your indicator but need update.
Please update your indicator with new MQL4 language. (The MQL4 language has significantly changed since build 600 in the beginning of 2014).
If I cannot update it, the guidelines me to update it. I am a novice in MQL

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