/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| Close_Basket_Profit.mq4 |
//| Copyright © 2006, Robert Hill . |
//| Custom Metatrader Systems. |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Robert Hill."
extern int ProfitTarget = 10; // Profit target in dollars
int start()
{
double TotalProfit = 0.0;
int total, i;
bool result = false;
// Calculate total profit on all trades
total = OrdersTotal();
for(i=total-1;i>=0;i--)
{
OrderSelect(i, SELECT_BY_POS);
TotalProfit += OrderProfit();
}
if (TotalProfit >= ProfitTarget)
{
// First close losing trades
total = OrdersTotal();
for(i=total-1;i>=0;i--)
{
OrderSelect(i, SELECT_BY_POS);
result = false;
switch(OrderType())
{
//Close opened long positions
case OP_BUY : if ( OrderProfit() < 0) result = OrderClose( OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_BID), 5, Red );
break;
//Close opened short positions
case OP_SELL : if ( OrderProfit() < 0) result = OrderClose( OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_ASK), 5, Red );
}
if(result == false)
{
Alert("Order " , OrderTicket() , " failed to close. Error:" , GetLastError() );
Sleep(3000);
}
}
// Now close remaining trades
total = OrdersTotal();
for(i=total-1;i>=0;i--)
{
OrderSelect(i, SELECT_BY_POS);
result = false;
switch(OrderType())
{
//Close opened long positions
case OP_BUY : result = OrderClose( OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_BID), 5, Red );
break;
//Close opened short positions
case OP_SELL : result = OrderClose( OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_ASK), 5, Red );
}
if(result == false)
{
Alert("Order " , OrderTicket() , " failed to close. Error:" , GetLastError() );
Sleep(3000);
}
}
}
return(0);
}
Sample
Analysis
Market Information Used:
Indicator Curves created:
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Checks for the total of open orders
It Closes Orders by itself
Other Features:
It issuies visual alerts to the screen