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MT4 Closing Out Partial Trades Pre-set


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  #1 (permalink)
pipsaholic
New York
 
Posts: 22 since Dec 2011
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Looking for an indicator or script that can close out partial positions and also has the option to close the full position and customize size all from the trading panel without popping up another window entering values as normal takes too long. Its all about speed when scalping and seconds costs money.


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  #2 (permalink)
lewac
West Palm Beach FL/USA
 
Posts: 7 since May 2020
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you need a BOT. are you at all familiar with programming under MQL4? well there's plenty of assistance on the internet in this regard. you're gonna need input parameters to be set on that BOT regarding spread & slippage & also how much you're gonna take "off the table" at certain price points (using a percentage there would probably be best). btw MQL5 is a lot more complex so avoid a broker that uses that unless both versions are available. the two languages are not all the same as MQL5 is NOT backwards compatible (reminds me of windoze).


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