Close Minus by Plus, Closing unprofitable positions by searching and closing profitable positions

About Close Minus by Plus

Closing unprofitable positions by searching for and closing profitable positions.

EA is in the process of closing its unprofitable positions by identifying and closing profitable ones.

This assistant looks for, among all positions, the most unprofitable position in the terminal.

Further, by searching for the remaining profitable positions, he calculates a series of positions that can cover the loss when the profit of one or more positions is greater than the loss of another position.

If a set of such positions is found, then the adviser closes them.

A series of positions can consist of absolutely any position.

Their maximum number is adjustable in the advisor settings.

You can also specify the minimum loss for the search and additional profit for closing.

How Close Minus by Plus works on the Chart

Suppose

1. You open a BUY #1 position at a price of 1.600 ;
2. The Price goes down to 1.550, and the current loss is -50 points;
3. Breakeven point(Average Price) = 1.600 ;
4. If we open SELL #2, Sell #3, and Sell #4;
5. Expert Advisor starts executing the main algorithm.
6. Then the total profit will be +5 $;
7. The Expert Advisor (EA) activates the algorithm, and 4 positions must be closed.

How does Close Minus by Plus work?

What do people write about Close Minus by Plus?

You can Download free Close Minus by Plus

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Description

Closing unprofitable positions by searching for and closing profitable positions (Close Minus by Plus)

1.  This assistant looks for, among all positions, the most unprofitable position in the terminal.
2.   Further, by searching for the remaining profitable positions, he calculates a series of positions that can cover the loss when the profit of one or more positions is greater than the loss of another position.
3.   If a set of such positions is found, then the adviser closes them.
4.   A series of positions can consist of absolutely any position.
5.  Their maximum number is adjustable in the advisor settings.
6.   You can also specify the minimum loss for the search and additional profit for Closing positions.

In the continuation of the topic of leveling positions, We want to offer you a more reliable and pleasant algorithm for overlapping loss-making positions.

Of course, everyone has the right to choose their way of getting rid of negative positions.

Our last article describing the assistance for the trader, namely the Closing on the total profit or loss, with the trailing of the profit obtained, brought quite good results.

This article describes an algorithm that was written 11 years ago (2012) but has yet to be brought to mind.

But with the presentation of our valued customers, the project has earned again.

close-by +

Foreword

To begin with, We would like to express our thanks to our regular clients. 

Expert Advisor Close Minus by Plus can Close losing positions by searching for and closing profitable positions.

This assistant looks for the most loss-making position(Deal) among all positions in the terminal MetaTrader.

Further, by searching for other positions, it calculates a series of positions (Deals) that can cover the loss and closes them by common average profit.

The series of positions(Deals) can include any position(Buy or Sell together).

The maximum number of positions can be set in the Expert Advisor settings.

Assistant Close Minus by Plus work

All the work is that we put the Expert Advisor on a separate Chart (for example, EURUSD), Install EA, and work further on your terminal.
When the strategy condition arrives – the expert advisor enters the work and begins his algorithm.

Example #1 Close Minus by Plus

Start Working and Open BUY

Additional SELL

Executing Algorithm and closing by Total Profit

Results in Report

Results in Log Files

################################################################################
close #2 sell 0.01 EURUSD at 1.22309 at price 1.21746
close #3 sell 0.01 EURUSD at 1.22078 at price 1.21746
close #4 sell 0.01 EURUSD at 1.22168 at price 1.21746
Tickets of prof positions: ..2.4.3.
close #1 buy 0.01 EURUSD at 1.22524 at price 1.21708
Tickets of loss positions: 1
Numbers of positions to Close: 3
All profit from open positions: 13.17 dollars
Maximim profit ticket: 2
Maximim profit: 5.63 dollars
Maximum Loss ticket: 1
Maximim loss: -8.16 dollars
Overlapping loss positions by closing profitable positions started using the minus:
################################################################################

Example #2 Close Minus by Plus

Example of how the algorithm works:

16:57:34 Exp - Exp - CloseMinusByPlus GBPUSD, H1: initialized

16:58:41 Exp - Exp - CloseMinusByPlus GBPUSD, H1: Overlapping of loss-making positions by closing of profitable positions started:

16:58:41 Exp - Exp - CloseMinusByPlus GBPUSD, H1: The biggest negative: -51 pips

16:58:41 Exp - Exp - CloseMinusByPlus GBPUSD, H1: The biggest minus ticket: 222064678

16:58:41 Exp - Exp - CloseMinusByPlus GBPUSD, H1: The biggest plus: 22 pips

16:58:41 Exp - Exp - CloseMinusByPlus GBPUSD, H1: The biggest plus of the ticket: 222064722

16:58:41 Exp - Exp - CloseMinusByPlus GBPUSD, H1: Aggregate Profit for the Positions Found: 72 pips

16:58:41 Exp - Exp - CloseMinusByPlus GBPUSD, H1: Number of positions to close: 5

16:58:41 Exp - Exp - CloseMinusByPlus GBPUSD, H1: Tickets for closing unprofitable positions: 222064678

16:58:42 Exp - Exp - CloseMinusByPlus GBPUSD, H1: close # 222064678 buy 0.10 GBPUSD at 1.65055 at price 1.65004

16:58:42 Exp - Exp - CloseMinusByPlus GBPUSD, H1: Tickets for closing profitable positions: .222064722. 222064691. 222064750. 222064878. 222064715

16:58:53 Exp - Exp - CloseMinusByPlus GBPUSD, H1: close # 222064878 sell 0.10 EURUSD at 1.35773 at price 1.35774

16:58:54 Exp - Exp - CloseMinusByPlus GBPUSD, H1: close # 222064750 sell 0.10 GBPUSD at 1.65034 at price 1.65025

16:58:54 Exp - Exp - CloseMinusByPlus GBPUSD, H1: close # 222064722 sell 0.10 GBPUSD at 1.65039 at the price of 1.65025

16:58:55 Exp - Exp - CloseMinusByPlus GBPUSD, H1: close # 222064715 sell 0.10 EURUSD at 1.35765 at price 1.35773

16:58:56 Exp - Exp - CloseMinusByPlus GBPUSD, H1: close # 222064691 sell 0.10 GBPUSD at 1.65038 at the price of 1.65024

As you can see from this example, we had many open positions (a chaotic opening).

In the settings, we set up – start the calculation when the largest unprofitable position with a minus -50 ( MinLossInUnit = -50) pips ( TypeOfUnitToClose = 2), and the aggregate profit will be 20 pips more is found ( AdditionalProfitInUnit = 20)

Also, we have confirmed that it is necessary to close no more than 5 orders ( MaxPos_in_Class = 5 )

1. The expert found the position at a loss of -51 pip,
2.  as well as a series of orders with a profit of +72 pips.
3.  And closed both the unprofitable position and a series of profitable positions.

An example of this algorithm Close Minus by Plus 

Without function:

With closing function by overlapping:

External Variables and Settings

Name	Description
TypeOfUnitToClose	Type of profit and loss. In dollars or points(Pips)
MinLossInUnit	Minimum loss of position in units ( TypeOfUnitToClose ), which is taken into account by the Expert advisor. An order with a loss in the “MinLossPoss_in_unit” units (dollars or points) must be set in the negative zone. This is important for finding loss-making positions. For example:  MinLossInUnit = -100 TypeOfUnitToClose = dollars, then the EA looks for or expects a position at a loss greater than or equal to -100 dollars,  for example, -100 dollars, -150 dollars, -200 dollars, and so on. The position with a loss of -99 dollars is already ignored.
AdditionalProfitInUnit	The number of units of profit for the difference in the closing of the set of positions. Position (one or several deals) with a total profit exceeding the loss on the ” AdditionalProfitInUnit ” units. For example:  AdditionalProfitInUnit = 10 MinLossInUnit = -100 TypeOfUnitToClose = dollars: The advisor is looking for or waiting for at least 2 positions, one of which is at a loss of -100 dollars and the second with a profit of +110 dollars. If such positions(Deals) are found, then the Expert Advisor(EA) will close these positions(Deals).
MaxPos_in_Class	The parameter “MaxPos_in_Class” should limit the number of profitable closing positions. For example:  MaxPos_in_Class = 3, then the Expert Advisor (EA) will look for a set to close from a maximum of 3 profitable positions +1 unprofitable.
FirstSymbolClose	Search for pairs of positions and close only the currency pair that we are processing. You can turn off (false) FirstSymbolClose parameter;  then, the EA will close any pair from the losing and profitable positions in the entire account, regardless of which currency pair is included in the calculation. When you turn on (true) FirstSymbolClose – the expert advisor monitors and closes a series of positions from one currency pair.
OpenHoura OpenMinutea	The start time of the Expert Advisor
CloseHoura CloseMinutea	The end time of the Expert Advisor
OrderToClose	Positions type: -1 = All Orders, 1 = Sell, 0 = Buy
MagicToClose	Magic Number of positions: -1 = any magic numbers. Or you can specify a unique magic number of its positions, which should be processed. You can specify multiple magic numbers separated by commas.  For example: 777,888,999
SymbolToClose	The currency pair for monitoring  -1 = All symbols 1 = Only the current symbol (the symbol that EA is installed) You can write a list of currency pairs separated by commas.  For example,   EURUSD, USDCHF, USDJPY

FAQ

You can download my EA in the Files section!

If you wish to thank the author for this project – you can click the Thank You button.

 Or buy one of our products

Changelog

Version 24.404 2024.04.04

Global Update EAPADPRO v55

-Added: information about profit from closed positions to the chart.

 The information is displayed for each bar of the current timeframe.

 You can change the timeframe to see the result of trading on a certain bar of the current timeframe.

 If several positions/deals are closed on one bar of the current timeframe, the trading result is summarized, and the total information for a certain bar is displayed.

 The information is updated when the next position/deal is closed.

 You can turn off showing history in the panel settings.

===========================================================================================

-Added: The status of the Expert Advisor operation if it was launched on the server from "VPS MQL MetaQuotes".

 When Expert Advisor is running on the server from MetaQuotes, a message will be created on the home computer that Expert Advisors are running on the server "VPS MQL MetaQuotes". The smiley face is blue.

 Attention: If an Expert Advisor is launched on both the server and the home computer, it can trade in parallel on 2 terminals (server "VPS MQL MetaQuotes" + home computer); there may be conflicts.

 Attention: If the Expert Advisor is launched on the server "VPS MQL MetaQuotes", do not Turn it on work on the home computer to avoid conflicts.

 Frequency of polling the status of work on the server = 1 day.

 After deinitialization of the Expert Advisor on the server - It will get the status - stopped.

 To test the work on the server from "VPS MQL MetaQuotes", pending orders are created!

===========================================================================================

-Added: The error status of the Expert Advisor operation can now be read on the EAPADPRO panel.

 You can click on the Smile or the Expert Advisor operation status bar and you will be shown a message about current errors of Expert Advisor operation.

 If you click on the Smile button on the panel, you will be shown the causes and errors and their solutions with pictures.

===========================================================================================

-Added: Notification of errors and opening/closing of trades to the chart in the form of InfoBox.

 Notification is shown for 4 types:

---Opening a new trade;

---Closing a deal;

---Modification of a trade;

---Error received by Expert Advisor from the server;

 In the EAPADPRO panel settings, you can turn on or off the notification type you need.

 Notifications can be viewed as they arrive in the notification queue.

 Notifications are accumulated in a data array each time you install/reinstall/change Expert Advisor settings.

 In the EAPADPRO header you can also enable disable INFOBOX.

===========================================================================================

-Added: Working with Telegram (Beta version)

 For Expert Advisor to work with the Telegram bot, you need to set up the bot on your phone and create a "public" or "private" channel.

To receive notifications from your account, you need to assign your bot as an administrator of your "public" or "private" channel.

Attention! Sending notifications and working with commands takes computer resources! Use the Telegram bot only for your own needs.

How To set Telegram bot:

New settings for working with Telegram:

EAPadPRO2=" =============== Telegram bot ";

==input ENUM_UPDATE_MODE TG_UpdateMode=UPDATE_SLOW --> Update Mode. Timer speed, to receive commands from Telegram bot. The faster the timer runs, the more computer resources will be used! Please do not change it unnecessarily. 2sec,3sec,10sec

==TG_PRIORITY=TG_HOME_VPS --> Priority of work. This is the priority mode when the Telegram bot works on the MetaQuotes VPS server and your home computer.

   TG_HOME_ONLY=1, // Only the HOME bot. The Telegram bot works only on the home computer.

   TG_VPS_ONLY=2, // Only the VPS bot. The Telegram bot works only on the MetaQuotes VPS server.

   TG_VPS_HOME=3, // First VPS bot, second HOME bot. The Telegram bot works on the MetaQuotes VPS server if you upload it to the server. If not, it will work on your home terminal. Check the work on the VPS server every 10 minutes.

   TG_HOME_VPS=4, // First HOME bot, second VPS bot. The Telegram bot works on a home computer, but if the home computer/terminal is turned off, it will work on the VPS server from MetaQuotes. Check the VPS server's work every 10 minutes.

Attention! Screenshots are not available on the VPS server from MetaQuotes!

==TG_Token="" --> Token bot. Token (unique code) of the bot that will send notifications and receive commands

==TG_ChannelName="" --> --> Public Channel Name @. Or "private" ID starts -100 of the private channel. That will send notifications about opening/closing/modification/errors and screenshots from the terminal.

==TG_UserNameFilter="" --> Whitelist Usernames. List of users, starting with @, who can use the bot.

Attention! Sending notifications and working with commands takes computer resources! Use the Telegram bot only for your own needs.

==TG_UseBotTimer=false;//TG_UseBotTimer --> Working with the bot from the phone

New notification type added to EAPADPRO panel settings:

==Notice Open TG - Send a notification to the Telegram channel if a trade is open;

==Notice Close TG - Send a notification to the Telegram channel if a trade is closed;

==Notice Modify TG - Send a notification to the Telegram channel if a trade is modified;

==Notice Error TG - Send a notification to the Telegram channel if an error is received;

==ScreenShot TG - Send a screenshot to the Telegram channel if a trade is opened or closed;

Attention! This is a beta version of working with the Telegram bot. We are working on improving and adding new features.

If you have any suggestions, please write in the "Comments" section.

===========================================================================================

-Improvement: Code optimization to increase speed.

-Improvement: The speed of the panel update in the strategy tester is now calculated automatically depending on the speed of quotes arrival.

 This is done to increase the speed of the program in the strategy tester.

 Information update is now equal to 1 real second.

-Improvement: The speed of the program running EAPADPRO in the strategy tester.

 Attention! Events in the strategy tester are processed only when a new tick is created.

 If a new tick (minimum price movement) is not created, then the panel waits for the next tick.

  With Visualization:

   Version 48: 390sec (TickSniper 2024-2024)

   Version 55: 244sec >>159% (TickSniper 2024-2024)

  w/o Visualization:

   Version 48: 363sec (TickSniper 2020-2024)

   Version 55: 220sec >>165% (TickSniper 2020-2024)

  with Visualization:

   Version 48: 15750sec (TickSniper 2020-2024)

   Version 55: 6220sec >>253% (TickSniper 2020-2024)

-Improvement: The color of the button to close a position on the chart changes depending on the current profit of this position.

-Improvement: Graphic improvements to optimize the Expert Advisor's performance

-Improvement: The account deposit Symbol is cent ¢, USD $, or eur €. All others are the first letter of the deposit currency name.

-Improvement: When visual testing is completed, objects are not removed from the graph.

-Improvement: When creating screenshots after opening/closing positions, the EAPAPDPRO Control Panel will be expanded to show full information.

 This is done in order to study the trading history of Expert Advisor on the visualization graph after testing is completed.

-Fixed: Managing positions and orders from the chart when the panel is minimized.

-Fixed: Corrected the error of clearing the chart from unused order labels.

-Fixed: AutoSize when switching charts.

-Fixed: Drawing errors to Print when the Expert Advisor runs on "VPS MQL MetaQuotes"

Version 24.127 2024.01.28

+Added languages Chinese, Japanese, Korean, and Turkish.
+Added full control from the chart. Closing positions/orders, removing Stop Loss / Take Profit.
For full management and testing of Expert Advisor in the strategy tester.
EAPADPRO v48

Version 24.125 2024.01.25

Eapadpro v47

Version 23.999 2023.12.27

EAPADPRO v46

Version 23.913 2023.09.18

-EAPADPRO v44
-Last Build Compilation

Version 22.114 2022.01.14

Косметические изменения

Version 22.110 2022.01.12

Update EAPADPRO

Version 21.614 2021.06.12

Correction of information output on Inputs

Version 21.612 2021.06.12

EAPADPRO v40 update, according to the new rules for using the MQL5 Market

Version 21.432 2021.04.30

Version 4/32

Version 21.431 2021.04.30

Up Up date date

Version 21.430 2021.04.30

EAPADPRO v39
-Added additional information that will be displayed on the "Strategy" tab of our panel.
This will help monitor the current situation when closing positions.

Version 20.119 2020.01.19

Исправлена ошибка с MagicToClose

Version 20.116 2020.01.15

UpDateUpDateUpDate

Version 20.115 2020.01.15

Исправление ошибки SymbolToClose

Version 20.112 2020.01.12

Closing algorithm update.
EAPADPRO v33

Version 19.999 2019.12.24

EAPAPDPRO v 33

Version 19.802 2019.08.03

EAPADPRO v31
Added tooltips for parameters in external settings.

Version 19.107 2019.01.07

- Update EAPADPRO v25;
- Additional languages added to the panel: Spanish, Portuguese (Brazil), German, Chinese, Japanese;
The translation was made using the GOOGLE Translator + MQL + Terminal site!
if you find an error in your language, please report it in messages. Thank!
- Increase the speed of the panel;

Version 18.830 2018.08.30

Close Minus by Plus Update EAPADPRO v 20

Version 18.515 2018.05.29

- Updated EAPADPRO v2.0 info panel;

Attention!
- Renamed the parameters:
TypyClose = TypeOfUnitToClose
MinLossPoss_in_unit = MinLossInUnit
ProfitPerLoss_in_unit = AdditionalProfitInUnit
MagikToClose = MagicToClose

Version 17.208 2017.02.14

Improved EAPADPRO

Version 17.123 2017.01.27

- Added the EAPADPRO information panel
Details on the panel in our blog: https://www.mql5.com/en/blogs/post/687140

Version 16.121 2016.04.07

Fixed the error of closing the profitable trades when there are no unprofitable ones and the MinLossPoss_in_unit parameter is set to +
MinLossPoss_in_unit - should be set in the negative zone. This is the upper limit when searching for unprofitable positions.
If the parameter is set to MinLossPoss_in_unit=-10, then the unprofitable trade (covered by the profitable ones) must be less than -10 dollars (points)
MinLossPoss_in_unit = parameter that limits the EA operation if the negative trade is greater than the MinLossPoss_in_unit. For example, when opening a trade, it profit = -spread.

Version 15.731 2015.08.03

Added the message to the strategy tester stating that the product cannot be tested in the strategy tester.

Version 15.729 2015.07.30

Added: disabling algorithm if there are more than 1 positive trade.
The algorithm works if there are 2 or more positions to be closed.

Version 14.965 2014.12.23

- Compiled under new build.
- Added enumerations to select calculation and close type.

Version 14.709 2014.07.09

Added array release before every pass to avoid closing positions with the same tickets.

Reviews about Close Minus by Plus

Gellet Manchenella 2023.11.09 13:53  # 

   RU

the best utility I have used. Easy to set up and works great to recover losses. But if it can close a partial lot of the profit-making trade in the direction of the trend will be better. In my case, a profit-making trade of $400 was closed against a trade of $-100. There was potential to make more money. When profit is higher than loss-making trade (with profit target) you should consider closing to the extent of loss+profit target. Hope you will consider.

18

afsff saaa 2023.03.18 22:22  # 

   RU

very smart idea i love this EA It solved many problems

42

abdelhamid khabkhabi 2022.03.22 11:39  # 

   RU

Thank you a very good EA

2350

bighead1971 2022.03.06 04:02  # 

   RU

excellent!

56

E D 2021.04.17 01:27  # 

   RU

So far the best utility I have used. Easy to set up and works great to recover losses. It’s actually amazing to watch results. No setfiles are needed because all accounts are different. Read the instructions and practice on a demo account. Play with the settings and once you find the best settings, set it up on live account. Works great.

354035

Reply from developer Vladislav Andruschenko 2021.04.17 07:09 #  RU

Thank you very much for your feedback.

486

Vadim V. 2020.12.04 21:37  # 

   RU

I love that EA – Utility. Designed very smart-well. I run it on a demo live acct and the results just excellent covering losses and minizine trading risks. I plan to use it in my live acct next week. Close + by – utility works well with other EAs too. My 5 stars to Vladislav for his work business and IT development creativity. FYI, I use TickSniper EA on live acct and like it. Well done, Vlad.

354035

Reply from developer Vladislav Andruschenko 2020.12.04 22:12 #  RU

Thank you for your feedback. )))

893

ROBERT URBANSKI 2020.08.06 13:55  # 

   RU

Excellent Utility and very usefull. Many time rescue my …. :). Thank you Vladislav and you team

225

Evolve 2020.07.26 07:42  # 

   RU

Excellent Utility !

721

Vasil lupanov 2019.12.30 19:40  # 

   RU

Five stars for the helper and 10 gold stars for its creator. Well done !!!

[Deleted] 2019.12.25 16:04  # 

 RU

User didn’t leave any comment to the rating

2073

Staffan Ofwerman 2019.04.03 11:24  # 

   RU

This is a great EA to add to every setup. Great help from the seller and it works fantastic. It will take away the worst trade with the help of your profit trades. And with the latest update it’s even better when you can see so much info about what is happening. Is it possible to give it 6 stars?

354035

Reply from developer Vladislav Andruschenko 2021.05.03 10:37 #  RU

Thank you.

263

eriva 2019.01.13 11:08  # 

   RU

I use many products from Vladislav, the utilities are exceptional even if they require a bit of patience to find the right settings based on their use. Each reviewed utility is used in my real account. Vladislav is a kind and helpful person for any help required. Great Vladislav !!

33

Gusstaw 2015.05.16 12:17  # 

   RU

работает на 5+,любой счет,любой депозит,полезен новичкам,те постоянно в минуса лезут,закрывает и -10 и -100,настройки минимальны и очень просты,авторы всегда помогут,если и закрывает с минусом,то минимальным..поверьте-это один из лучших помошников

1792

Alexey Lushnikov 2015.04.09 23:00  # 

   RU

я так понял главное правильно настроить. И в принципе из 10 пар закрывает пачку ордеров плюс минус.

121

savagerus 2015.01.15 15:42  # 

   RU

Отличный и полезный советник

leogarcia87 2023.08.25 10:00  # 

   RU

Very useful tool. Thank you

259

111992086 2022.05.02 09:26  # 

   RU

Советник заинтересовал, но не работает,видимо снова надо обновить

486

Vadim V. 2022.01.12 03:26  # 

   RU

The EA does not work in new update MT5. See my mote in the Comments.

354035

Reply from developer Vladislav Andruschenko 2022.01.12 08:57 #  RU

Please Update

425

Valery Kokoritch 2021.12.10 12:57  # 

   RU

было бы интересно, если советник “откусывал” от убытка. по минимальному лоту

53

Adnow 2021.06.25 15:40  # 

   RU

it’s very good

complain

354035

Reply from developer Vladislav Andruschenko 2021.06.25 16:33 #  RU

Thank you.

Comments

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