Close unprofitable orders.

This script allows you to set a stop loss on all open orders at once, you simply set the loss level at which positions will be automatically closed and turn on the program.

After the financial result reaches the specified value in points, your order will be closed.

The program is intended for those traders who trade using a large number of simultaneously placed orders, with sharp price fluctuations

It will help prevent losses and close unprofitable orders.

Moreover, it will do it much faster than you would close it manually.

The advantage of this script is that it does not have a minimum loss level, that is, your unprofitable order will be closed immediately as the position goes negative, which is not possible when setting a regular stop loss.

Setting up is quite simple; to start, you just need to set parameters such as the direction of transactions for which this script will be used, and check the box in the window with permission to trade.

There is also a Stop trigger indicator, but for me this value stubbornly refused to be taken into account, that is, the order was closed immediately when a minus appeared. Perhaps the reason for this was the five-digit quote in my trading terminal.

The main disadvantage is the need to constantly turn on the script after placing new orders.

Working with this script is only possible when the metatrader 4 terminal is turned on; after turning it off, all settings are reset. Therefore, it would not be a bad idea to set a standard stop loss .

Example of use - there are five open profitable positions, the price is confidently going up, we begin to gradually close profitable orders, but then there is a sharp jump and the remaining positions are simply closed with a zero result.

Download the script for closing unprofitable orders.