CloseByProfit

This is an auxiliary utility closing all positions on the current symbol when a specified profit/loss value is reached. It is made in the form of an Expert Advisor and it works with the positions having the symbol coinciding with the working chart's one.

Features

• Displaying the total profit/loss value for all positions of the symbol in the upper left corner of the chart.
• Closing all positions of the current symbol when a specified profit/loss value is reached:
  1. in points
  2. in currency
  3. in percentage of the account balance
  4. in percentage of the account equity
• Notifying of a position closing (notification window, sending a message to the journal, sending an e-mail)
• Working in notification mode - notification window, sending a message to the journal, sending an e-mail when a specified profit is reached

Input Parameters

• ModeForClosing - working mode. The following values ​​are allowed:
  • 0 - simple notification mode (notifying of the fact that a specified profit/loss value is reached)
  • 1 - close all positions if a specified percentage of the account equity is reached by the profit (EquityPercent parameter)
  • 2 - close all positions if a specified percentage of the account balance is reached by the profit (BalancePercent parameter)
  • 3 - close all positions if a specified number of points is reached by the profit (ProfitPips parameter)
  • 4 - close all positions if a specified profit in currency is reached (ProfitAmount)

  After positions are closed, a user is notified (notification window, e-mail, journal entry) of the fixed profit's value and the account status.

• EquityPercent - percentage value of the account equity
• BalancePercent - percentage value of the account balance
• ProfitPips - total number of profit points

• ProfitAmount - total profit amount

  Both positive and negative values are allowed for the described four parameters. In case of a negative value, positions are closed when a specified amount of loss is reached.

• ConsiderCommission - consider the commission when calculating profit in currency, enable/disable
• ConsiderSwap - consider swap when calculating profit, enable/disable
• Enablealert - enable/disable notification window
• EnableEmail - enable/disable sending an e-mail
• EnableLog - enable/disable sending a message to the journal
• Slippage - maximum allowable price deviation when closing a position, in points
• FontSize - font size of the text displayed in the upper left corner of the chart