Close losing 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 launch the program.

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

The program is designed 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 this much faster than if you were to close it manually.

The advantage of this script is that it has no minimum loss level, meaning your losing order will be closed as soon as the position goes into the red, which is not possible with a regular stop-loss.

Setting it up is quite simple. To launch, simply set parameters such as the direction of trades for which the script will be used and check the box in the trading permission window.

There's also a Stop trigger value, but for me, this value stubbornly refused to be taken into account, meaning the order closed immediately when the balance went into negative territory. Perhaps the five-digit quote in my trading terminal was to blame.

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

This script can only be used when the MetaTrader 4 terminal is running. Disabling it resets all settings. Therefore, it's a good idea to set a standard stop-loss .

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

Download the script for closing unprofitable orders.