Request: Close At Breakeven - Specific Pair

longytravel · Post by **longytravel** » Tue Mar 25, 2014 6:17 pm

Hi Guys.

I am playing with hedging as opposed to a SL.

I was wondering if anyone has a tool that closes all trades on a specific pair when BE is reached? Had a fiddle with MPTM but i think you need to use its own hedging to get it to close at BE, i would like to keep dropping trades at the places i think are right but the tool close when the trades when they all meet BE?

Any help appreciated.

Post by **milanese** » Tue Mar 25, 2014 6:28 pm

longytravel » Tue Mar 25, 2014 6:17 pm wrote:Hi Guys.

I am playing with hedging as opposed to a SL.

I was wondering if anyone has a tool that closes all trades on a specific pair when BE is reached? Had a fiddle with MPTM but i think you need to use its own hedging to get it to close at BE, i would like to keep dropping trades at the places i think are right but the tool close when the trades when they all meet BE?

Any help appreciated.

I will later look to code you some EA doing this..

Cheers

Tommaso

longytravel · Post by **longytravel** » Tue Mar 25, 2014 6:33 pm

What a legend!! Thank you!!

Post by **milanese** » Tue Mar 25, 2014 7:11 pm

Ok here you go, use BEProfit for setting the BE minProfit you want for closing all positions of the pair you set the EA on.., you can set a magicnumber if you want..

CloseAllofPairIfBE_6xx.mq4

Cheers

Tommaso

longytravel · Post by **longytravel** » Tue Mar 25, 2014 8:34 pm

Like many others Tommaso, i am grateful for your input and support. I will give it a whirl and report back. Thanks again.

longytravel · Post by **longytravel** » Wed Mar 26, 2014 8:01 am

Hi Tommaso,

The ea has just closed a couple of trades at breakeven.....unfortunately, it was breakeven between gpdcad and audchf trades that I was using for hedges on their respective pairs.

Wondering if you could have another quick look? I would only want to close the audchf trade, for example, when audchf was at breakeven.

Thanks as ever!

Post by **milanese** » Wed Mar 26, 2014 8:47 am

longytravel » Wed Mar 26, 2014 8:01 am wrote:Hi Tommaso,

The ea has just closed a couple of trades at breakeven.....unfortunately, it was breakeven between gpdcad and audchf trades that I was using for hedges on their respective pairs.

Wondering if you could have another quick look? I would only want to close the audchf trade, for example, when audchf was at breakeven.

Thanks as ever!

it should only manage the pair you attach the EA.., but I will take a look what happened .. could you make a sccreen shout from the EA messages log output that Empty4 shows..
I tested the EA here and it closed only the trades from the pair attached, when this pair reached BE and I had the EA attached at the two pairs that had positions open..
Cheers

Tommaso

longytravel · Post by **longytravel** » Wed Mar 26, 2014 6:47 pm

Thanks. Is this what your after?

longytravel · Post by **longytravel** » Wed Mar 26, 2014 6:49 pm

Or is?!

Post by **milanese** » Wed Mar 26, 2014 6:56 pm

longytravel » Wed Mar 26, 2014 6:49 pm wrote:Or is?!

As I see the EA did how it should, closed each pair position, when each position reached BE, see journals you posted(was ech 1 position open).., maybe I missunderstand what exactly the EA should do you need..

Cheers

Tommaso