//+------------------------------------------------------------------+
//| CloseTrades_After_Account_Loss_TooMuch.mq4 |
//| Copyright © 2007, Tradinator |
//| tradinator.fx@gmail.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, Tradinator"
#property link "tradinator.fx@gmail.com"
//+---------------------------------------------------------------------+
extern double Open_Loss_To_CloseTrades=-1000; //|The amount of money at which you want to take a loss & close ALL |
//|open trades. eg if the floating loss in your account reaches or goes |
//|beyond -$1000 then ALL the open positions in your account will be |
//|closed. |
//+---------------------------------------------------------------------+
int Slippage=5;
int i;
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start()
{
if (AccountProfit()<= Open_Loss_To_CloseTrades)
{
for(i=OrdersTotal()-1;i>=0;i--)
{
OrderSelect(i, SELECT_BY_POS);
int type = OrderType();
bool result = false;
switch(type)
{
//Close opened long positions
case OP_BUY : result = OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol(),MODE_BID),Slippage,Pink);
break;
//Close opened short positions
case OP_SELL : result = OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol(),MODE_ASK),Slippage,Pink);
}
if(result == false)
{
Sleep(3000);
}
}
Print ("Account Cutoff Limit Reached. All Open Trades Have Been Closed");
return(0);
}
Comment("Balance: ",AccountBalance(),", Account Equity: ",AccountEquity(),", Account Profit: ",AccountProfit(),
"\nMy Account Cutoff Limit: ",Open_Loss_To_CloseTrades);
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: