The Expert Advisor (EA) offers advanced features for managing and closing positions in MetaTrader, specifically upon reaching a predetermined level of total profit or loss. With the profit trailing function enabled, the EA dynamically adjusts stop levels to secure profits as they grow.
Key Features:
Percentage of Balance: Positions can also be closed when a specific percentage of the account balance is reached, either in profit or loss.
Virtual Stops (Separate Order):
The EA can set virtual stops for each position, allowing you to control when positions are closed without using broker-side stop-loss orders. This helps to keep your strategy hidden from the broker.
Separate Calculation and Closing for BUY and SELL Positions:
The EA allows you to calculate and close BUY and SELL positions separately. This ensures that each position type (BUY or SELL) is managed independently, giving you more control over individual strategies.
All Symbols or Current Symbol Only:
You can configure the EA to either calculate and close positions for all symbols in the terminal or restrict it to the current symbol only. This provides flexibility depending on whether you’re managing a single currency pair or a multi-pair portfolio.
Profit Trailing (Trailing Profit):
The EA includes a trailing profit feature that automatically adjusts the stop level as your total profit increases. This ensures that a portion of the profits is locked in as the market moves in your favor.
Closing Based on Total Profit/Loss:
The EA can be configured to close positions based on various profit and loss criteria:
Deposit currency: Closes positions when a specified profit or loss in the base currency is reached.
Points (Pips): Positions can be closed when a certain number of points or pips is gained or lost.
Percentage of Balance: Positions can also be closed when a specific percentage of the account balance is reached, either in profit or loss.
How does CLP CloseIfProfitorLoss work?
CLP CloseIfProfitorLoss overiview
CloseIfProfitorLoss Features and Controls
CloseIfProfitorLoss Main functions of CLP
CLP tab – Closing on total profit and loss with profit traling!!!
CLP GIF CloseIfProfitorLoss
CLP CloseIfProfitorLoss Closing by Total Profit
CloseIfProfitorLoss Closing by Total Loss
CloseIfProfitorLoss Closing with Profit Trailing
CloseIfProfitorLoss Closing All Symbols
CloseIfProfitorLoss Trailing Profit
Virtual Trade Pad VirtualTradePad
CLP
CloseIfProfitorLoss Virtual StopLoss
CloseIfProfitorLoss controls
What do people write about CLP CloseIfProfitorLoss ?
Atila R Akdeniz
Excellent Tool, very useful to do operations on the termial. All of Vladislav's products are of excellent quality, and he provides very good support. With the current prices it's a good time to buy all his products.
Vadim V.
Hi, I bought Profit or Loss Pad 1 month ago and run it on MT5 and it worked OK. I found the EA very helpful and bug fee in work that helps me to scalp not looking when I need to get out. EA that good tool. 5 stars to Vlad.
Terek
купил сразу как нужен был equity trail, потому что все продукты от данного производителя высшего качества. будем посмотреть. функционал вроде не плохой. но сразу бросается в глаза притормаживающее отображение профита на панели, нельзя ли его ускорить как то? еще не нашел функцию отключения кнопки автоторговли после закрытия, но это не так важно. главное что бы equity trail работал.
Max
Amazing product, works very well and neat, what I was looking for and also have other his other products like full trade pad, good producer, many detailed functions buttons on chart and also in settings!
Closing of positions in MetaTrader 4/5 for total profit/loss with profit trailing
Features and Controls
Convenient Control Panel for Expert Advisor Management
This Expert Advisor (EA) comes with a highly convenient panel that simplifies the management of trades and positions. It offers several advanced features to ensure optimal control over your trading strategy.
Key Features:
In addition to closing positions at a set level of profit, the EA can implement a trailing function, which helps secure even more profit by adjusting stop-loss levels as the market continues to move in your favor.
Separate Order Management:
You can enable the Separate Order feature to manage and close positions independently based on specific parameters, such as stop-loss and take-profit.
Separate Calculation for BUY and SELL Positions:
With the Separate BUY SELL option, the EA calculates and closes BUY and SELL positions separately, allowing for precise control over each side of the market.
All Symbols or Current Symbol:
You can choose to apply the EA’s calculations and closing functions to either all symbols in the terminal or restrict it to the current symbol only, providing flexibility across different trading pairs.
Trailing Profit:
The EA features a Trailing Profit function that adjusts the stop levels dynamically as profits increase, enabling you to lock in more gains from favorable market movements.
Closing Based on Various Criteria:
The EA can close positions based on different parameters:
Deposit Currency: Closes trades once a specific profit or loss in the account’s base currency is reached.
Points (Pips): Closes trades when a set number of points or pips is gained or lost.
Percentage: You can set the EA to close trades when a certain percentage of the account balance is achieved, either in profit or loss.
Drawdown: Automatically closes trades when the account experiences a specified drawdown level to manage risks.
Set Total Loss and Profit:
You can configure the EA to automatically close positions when the total loss or profit reaches a preset value:
Total Loss: The EA will close all positions when the combined loss exceeds a specified amount in dollars, points (pips), or as a percentage of the account balance.
Total Profit: The EA will also close positions when the combined profit reaches a set level, based on similar criteria (dollars, points, or percentages).
Universal Use:
This advisor can be used on any account and is compatible with any other advisor or manual trading. It works by monitoring the total balance of deals (positions) for a specific pair or across all pairs. When the total balance reaches the value specified in the settings, the EA closes all deals (positions) and deletes any pending orders.
The control panel closes by the general profit or loss in dollars, pips, and % of the balance.
The panel can be used as a virtual stop loss or take profit.
There is also an emergency button – Close ALL (You can activate this button in the input settings).
Added the ability to profit trailing.
If you see a red indicator, then the function is turned off and does not work;
If you see a green indicator, then the function is turned on and working.
Control:
All Symbols – Use closing on all symbols.
The utility will monitor and close all trading symbols (currency pairs) that are open in the terminal.
XXXXXX only – Use closing only on the current currency pair on which the advisor is installed.
The utility will monitor and close only those positions that are open on the current currency pair. By the trading symbol on which our utility is installed.
Separate BuySell – Use a separate closing for all positions BUY and all positions SELL separately for each direction.
This means that our utility will monitor and close a series of BUY positions and a series of SELL positions.
Total profit/loss on all BUY positions and Total profit/loss on all SELL positions.
If you turn this feature off, our utility will monitor and close all BUY and SELL positions together only when the total profit or loss is reached.
Separate DEALs– Use a separate closing for each deal/position separately.
The utility will monitor and close each position separately.
Each position will be closed at the set profit or loss separately.
Each position is processed separately from each other.
Profit $ -Turns on/off the closing on the total Profit in dollars or the deposit currency.
Profit p – Turns on/off the closing of the total Profit in points.
Profit % – Turns on/off the closing on the total Profit as a percentage of the current balance.
Trail $ – distance from Profit $, at which the trailing of Profit started.
Trail p – distance from Profit p, at which the trailing of Profit started.
Trail % – distance from Profit %, at which the trailing of Profit started.
Loss $ – Turns on/off the closing for the total loss in dollars or the deposit currency.
Loss p – Turns on/off the closing of the total loss in points.
Loss % – Turns on/off the closing of the total loss in percent of the current balance.
Close if Profit or Loss ON – The closing function for total Profit or loss is ON
Press the ON button to start the function
Close if Profit or Loss OFF – The closing function for total Profit or loss is OFF
Main characteristics:
The panel works on the symbol that is set (Current Symbol) or considers the total profit or loss for all symbols (All symbols).
The panel can be used as a virtual stop loss or take profit.
To do this, set profit and loss and tick off Separate Orders.
The EA will close positions separately from each other, according to the set profit and loss values in points, dollars, and percentages.
In the panel, you can choose the type of closing: for profit in dollars, in pips or % of balance, as well as for loss in dollars, in pips or % of the balance.
Also, there is a button called “CLOSE ALL,” which closes the position of the symbol or all positions (depending on the choice) instantly.
Directly on the panel displays information about the current condition of your positions for the selected methods of closing.
Profit can be set only above 0.
If you set 0 – the field will flash red.
This means that the set value with an error, and this field will not work with the Expert Advisor.
If YOU set a value with a minus, the EA will automatically move the field to a positive value (for example, -100 = 100)
Loss can only be set to below 0.
If you set 0, the field will flash red.
This means that the set value with an error, and this field will not work with the Expert Advisor.
If YOU set a value with a plus, the EA will automatically move the field to the minus value (for example, 100 = -100)
Terms of use:
Place the panel on your currency pair.
Depending on how you want to close positions (for all characters or the current one), please select the corresponding option on the panel itself.
For the checkbox to select the type of closure to be active, you need to enter parameter values other than 0, with a positive value for profit and a negative value for a loss, for example, -100.
Check the boxes of units you want to use when closing (Profit \ Loss in points \ dollars \ percentages).
Enable the Close if Profit or Loss button; it should turn blue(gre).
This means that the EA is in the work.
As soon as the profit or loss of your positions crosses the mark of the established levels, the deals will be closed.
The emergency button CLOSE ALL is designed to close all positions instantly.
Trailing Profit
The function of Profit trailing at set values.
This function turned ON for trailing profits (floating Profit) instead of closing.
In this case, the Profit is closed, not fixed, but with the trailing of the specified value.
As soon as the Profit has reached the specified value, the EA remembers the current value of the Profit and then pulls this value after the Profit.
For example :
If you set the close at a Profit of 10 dollars:
Profit $ (checkbox) – close in plus.
Profit $(field) – how much to close in plus.
Trail $ – distance from Profit $, at which the trailing of Profit started.
When you set Profit $ to 10 and for TrailingProfit to 5, the trailing profit line is set to $ 5.
The Expert Advisor, when passing the $ 10 of Profit, will turn ON the Profit trailing function and will pull the closing line after the Profit.
In the log, the records of the current position of Profit will be displayed.
After the total Profit falls below the last fixed level – TrailingProfit, the Expert Advisor will close all deals forcibly.
The option works for all types of closing: All symbols, Current symbol, Separate direction BUY, and SELL. Each order is separate.
The difference between TrailingStop Positions and Trailing Profit CLP:
Trailing Stop is a modification of the real stoploss to a breakeven level and pulling up the stop loss in the profitable zone for each position.
This is a standard trailing stop for each position separately.
The first step in the Trailing Stop operation is to set the stop loss to breakeven.
The second step of the Trailing Stop operation is the modification of the stop loss to increase the fixed profit.
TrailingStop can only be set in points!
Trailing Profit – This is a modification of the virtual stop loss level for positions (All or separately, depending on the choice) in the profitable zone.
Trailing Profit works on the CLP tab and allows you to close a series of positions based on the total profit, setting and fixing the minimum level of the total profit.
It makes it possible to increase the closing level for the total profit.
TrailingProfit can be set in points, deposit currency, and Percentage of the current balance.
When the value is set to Profit = 10, and for Trailing Profit = 5, the profit trailing line is set at $ 5.
The adviser, when passing the $ 10 mark, will turn ON the profit trailing function and will pull the closing mark after the profit.
In the log, the records of the current position of profit will be displayed.
After the total profit falls below the last fixed level – TralOptions, the adviser will close all transactions forcibly:
10:20:42 Exp - CloseifProfitorLoss wTral EURUSD, H1: Close position _close = 23.00000000 tralprofit = 23.00000000
10:20:43 Exp - CloseifProfitorLoss wTral EURUSD, H1: close # 212724663 buy 0.10 EURUSD at 1.34049 at the price of 1.34095
10:20:44 Exp - CloseifProfitorLoss wTral EURUSD, H1: close # 212724661 buy 0.10 EURUSD at 1.34049 at the price of 1.34094
10:20:45 Exp - CloseifProfitorLoss wTral EURUSD, H1: close # 212724660 buy 0.10 EURUSD at 1.34049 at the price of 1.34095
10:20:45 Exp - CloseifProfitorLoss wTral EURUSD, H1: close # 212724658 buy 0.10 EURUSD at 1.34049 at the price of 1.34095
10:20:46 Exp - CloseifProfitorLoss wTral EURUSD, H1: close # 212724657 buy 0.10 EURUSD at 1.34049 at the price of 1.34094
Examples of use are presented in pictures and videos.
Example of trailing profit in a percent:
CLP_TralOptionsStep is the step of changing the trailing. If you close in percentage, then this parameter is indicated in percent. for example = 0.01, then 0.01% Profit% is the profit level at which a profit is closed or trailing. For example, 2%. TrailingProfit is the distance from the profit to the fixing of the trailing. Indicated in the values in which you will close.
For example, in percent, = 1. This means that when the profit reaches 2%, the profit level will be fixed at the position of 1% (2-1 = 1).
If the profit is 2.01%, then the level of the trailing will be fixed at 1.01%, and so on. If the profit falls below 1.01%, then all positions will close.
Example of trailing the total profit in the deposit currency and separately in the BUY SELL directions:
CLP_TralOptionsStep – a step change in trailing. If you close in dollars (or another), then this parameter is indicated in dollars (or another). For example, 1 then 1 $ (or another). Profit $ is the profit level at which a profit is closed or trailing — for example, 5 $ (or another). TrailingProfit is the distance from the profit to the fixing of the trailing. Indicated in the values in which you will close.
For example, in dollars (or another), = 1. This means that when the BUY or SELL profit is achieved in $ 5 (or another), the profit level will be fixed in the 4 $ (or another) position (5-1 = 4).
If the BUY profit is $ 6 (or another), then the level of the trailing will be fixed at $ 5 (or another), and so on. If the profit falls below $ 5 (or another), then all positions will close.
If SELL is at a loss, this will not affect the closing of BUY because we have included the option of separate monitoring of types(BUY and SELL).
Virtual Stop Loss/Take Profit Mode on CLP (Separate DEALs)
You can enable Virtual Stop Loss and Take Profit as well as Virtual Trailing Profit on the CLP tab.
In this case, all positions will be monitored and closed separately from each other!
You can move these levels only by changing the values on the CLP control panel!
You can set virtual stoploss/takeprofit in points, deposit currency, and percent!
The CLP tab is the closing on the total Profit and loss.
Positions are closed after the set Profit (Virtual Take Profit) and closed after the loss (Virtual Stop Loss).
Why Virtual? Because the Real Stop Loss and Take Profit is set on the server at the price (Stop Loss and Take Profit).
Virtual Stop Loss and Take Profit is setting virtual levels and storing all data in variables (Objects, lines, etc.).
When setting Separate Deals, work – Each separate deal/position has its virtual closing level (Profit/Loss in deposit currency, pips, percent)
Each position is closed at its set profit or loss level, Virtual. That is, without real set stoploss and takeprofit.
The order to close positions is created when these levels are activated (Price Crossover).
That is why this mode is called Virtual Stops!
To enable Virtual Take Profit/ Stop Loss mode:
Go to the CLP tab.
Select the Separate Deals check box;
Set the Virtual TakeProfit in fields: Profit $/ Profit p/ Profit %;
Set the Virtual stoploss in fields: Loss $/ Loss p/ Loss %;
Set the Virtual Trailing Stop in fields: Trail $/ Trail p/ Trail %;
Enable and activate CLP ON.
Showing lines of the future closing of positions
Additional:
Also, the expert advisor shows approximate closing price lines for total profit or loss.
Parameter Show_Future_BE_TP_SL – showing lines of the future closing of positions for total profit or loss.
Caution: Only works on the current symbol and when the SEPARATE Orders mode is off.
Lines are shown separately for Buy and Sell positions or a common line.
If the line is not shown, then the positions form a lock, which can not be closed by the total profit or loss.
Note: Line and price data may not be accurate on the floating spread.
Remember! SELL is closed by ASK, and BUY is closed by BID
Work Closing by Total Profit and Loss on VPS server from MetaQuotes
CLP tab settings to the Trade Pad external parameters. VPS_CLP_Activation=false;//VPS_CLP_Activation –> CLP activation for VPS
Because MetaQuotes prohibits sending global variables to the VPS server from MQL (MetaQuotes), all buttons, checkboxes, edit fields, and controls on the Trade Pad panel no longer work on VPS from MQL (MetaQuotes).
You can customize the function of closing by total profit or loss from the external settings of the Utility:
Attention! If the VPS_CLP_Activation parameter is enabled (true), then All settings for this function will work from external variables! Objects on the CLP tab – will be inactive!
Example of consistent work of the adviser
External Variables and Settings CLP CloseIfProfitorLoss
Name
Description
Sounds
Enables/disables sound alerts when opening/closing/modifying positions and orders
You can turn on or off the notification of opening/closing/error on the phone or sound notification in the Notifications section. You can also change the file name for sound in WAV format without specifying a file extension (name only)
HintShow
Turns on / off tooltips when hovering over buttons
Language
Language selection tips Language: Spanish, Portuguese (Brazil), German, Chinese, Japanese;
By default, the language of prompts will be determined automatically by the language of your terminal. You can also choose your language;
The translation was made using the GOOGLE Translator + MQL + Terminal site!
Some words have been trimmed to save space (Maximum line length in tooltips = 255 characters) If you find a translation error, please write to us: Contact us
ButtonLanguage
Use the ButtonLanguage parameter to select the language of the text on the buttons and the main language of the panel (information on the tabs)!
Available languages: English, Português, Español, Deutsch, Francias, Italiano, Turke!
Attention: This parameter affects only the text of buttons and tabs. The text of tooltips can be selected in the Language parameter!
int MagicNumber = 777
The magic number for positions and orders is Set when opening. Used in determining the positions and orders for My EA or someone else’s.
0 – Without a magic number,
MultiMagic: Parameter MagicNumber updated: the first digit is intended to indicate the magic number for opening positions and modifying. You can also specify several magic numbers to accompany;
e.g.: — MagicNumber = 777 UseAllMagicFromAllAccount = true: The Expert Advisor monitors all positions on the current symbol in the entire account;
— MagicNumber = 777 UseAllMagicFromAllAccount = false: The Expert Advisor monitors positions with a magic number of 777 for the current symbol on the whole account;
— MagicNumber = 777,888 UseAllMagicFromAllAccount = false: The Expert Advisor follows the positions with the magic numbers 777 and 888 (opens positions with the magic number 777) by the current symbol on the whole account;
— MagicNumber = 777,888,999 UseAllMagicFromAllAccount = false: The Expert Advisor follows the positions with the magic numbers 777, 888, and 999 (opens positions with magic number 777) on the current symbol on the whole account;
bool UseAllMagicFromAllAccount = true
It allows you to take into account all positions opened in the terminal for this currency pair.
Example: UseAllMagicFromAllAccount = true Then, all positions with any magic number will be taken into account when opening, closing, modifying, or calculating information.
UseAllMagicFromAllAccount = false The expert advisor takes into account only those deals that have the MagicNumber.
Show_Future_BE_TP_SL
Show break-even and profit and loss levels on the current chart.
The price of lines is calculated based on the entered values in the fields Profit and Loss in points/dollars/percent. Caution: Only works on the current symbol and when the SEPARATE Orders mode is off. The lines are shown at the intersection of the function of “closing on profit or loss.”
Lines are shown separately for Buy and Sell positions or an Average line. If the line is not shown, then the positions form a lock, which can not be closed by the total profit or loss. Note: Line and price data may not be accurate on the floating spreadsheet. Remember! SELL is closed by ASK, and BUY is closed by BID. It is important to remember that the price of one point can change with the quotations of other currency pairs.
For example, if the price of 1 point of the EURJPY currency pair and the currency of the deposit is the dollar, the USDJPY rate changes effect. The cost of 1 point = 0.01 JPY. If your account is in dollars or rubles, then the cost of the symbol is continually changing. This means that the line of future profit or loss can change. And the exact level of closure can not be predicted.+ The level of future profit or loss can be influenced by commission and swaps. And also at closing.
double CLP_TralOptionsStep= 0
The step of changing the level of profit when trailing profits are conventional units (points, deposit currency, percents).
When the Trailing Profit function is in operation, the Expert Advisor remembers the profit level of each 1 unit(points, dollars, percent).
Example: CLP_TralOptionsStep = 1 The fixation of the level of profit occurs every 1 unit(points, dollars, percent). CLP_TralOptionsStep = 15 The profit level is fixed every 15 units(points, dollars, percent).
bool CLP_DeleteStopOrders = false
Delete pending orders when “closing on the total profit or loss”
bool Use_Lots_in_CLP_Points= false
When calculating points of profit or loss, the advisor will also take into account the lot(Volume) of these positions. This option is useful when trading on a hedge account with different lots.
Example: Open 2 positions SELL for EURUSD SELL 0.01 with a profit of 20 points and $ 0.2 SELL 0.02 with a loss of -12 points and -0.24 dollars.
–When Use_Lots_in_CLP_Points = false, the Expert Advisor will calculate the “clean” points. In this case, the profit will be -0.04 dollars or 8 points. As we see, the position (Deal) gained profit, but in dollars, it is a loss.
–When using_Lots_in_CLP_Points = true, the Expert Advisor will calculate the points taking into account the Lots. In this case, the profit will be -0.04 dollars or -4 points.
When calculating the profit in points and including the option “Include lots in the calculation of profits,” the EA finds the minimum lot from the presented positions and, proceeding from this lot, calculates Points. e.g.: Minimum position 0.01, 1 “clean” point = 1 point, If a position with lot 0.02 is opened, then 1 net point = 2 points, including the lot. If the position with lot 0.05 is opened, then 1 net point = 5 points, including the lot.
Use_Commission_in_CLP
Use_Commission_in_CLP – Use the calculation of commission when closing positions.
True – take into account the commission in the calculations. False – do not take into account the commission in the calculations.
Attention: The commission is calculated from an open deal and multiplied by 2 (When closing a deal, a commission is also charged) This is the standard way to calculate commission! In MetaTrader 5, it is impossible to get the type of commission calculation from an adviser! If you do not want the adviser to calculate the commission automatically, you can turn off this feature!
Attention! This function only affects the calculations on the CLP tab. All other tabs work in standard mode, taking into account commissions.
bool AutoCorrect_LevelCLP = true
In the loss field, you can now enter only minus values; if the user enters +10, then the system will automatically set it to -10. In the profit field, you can now enter only positive values; if the user enters -10, then the system will automatically set it to +10. CLP_TralOptions, you can enter only a positive value. Otherwise, the Expert Advisor will return an error.
CPL_CloseAllCharts_per_CloseAllDeals = close charts / other charts before closing positions.
— This parameter allows us to solve the problem when our panel begins to close positions upon reaching the total profit or loss. In the meantime, other experts simultaneously begin to open new positions.
— The CPL_CloseAllCharts_per_CloseAllDeals parameter closes only those charts on which other Expert Advisors are installed (except for VirtualTradePad) only for MT5.
— The CPL_CloseAllCharts_per_CloseAllDeals parameter closes All charts (When All Symbols are enabled) or only those with a chart symbol = VirtualTradePad symbol.
— The CPL_CloseAllCharts_per_CloseAllDeals parameter saves chart templates before closing them! The template can be downloaded later. Template name: VTP_Symbol_Period_Name of the expert (only for MT5).
Important: — In MT5: Only those charts on which the Expert Advisor is installed are closed in MT5 — In Мt4: there is no way to find out the name of the Expert Advisor, so all charts are closed. When this function is enabled, CPL_CloseAllCharts_per_CloseAllDeals = true, then VirtualTradePad (before closing positions) will first save the templates of all charts, close all charts, and close all positions.
The terminal will be closed after all positions have been closed.
CPL_AUTOOFF_AfterClose
Automatically turn off the “Closing on the total profit or loss” button after the closing of all positions. The turn-off occurs only when ALL Positions are closed. The Magic number specified in the Expert Advisor is taken into account, as well as the symbol for closing. If you choose to close only 1 currency, in this case, the parameter CPL_AUTOOFF_AfterClose is enabled, then the EA waits until all positions for this currency are closed, and only after this can the EA turn off the button.
ClosingCurrentTicketOnly
ClosingCurrentTicketOnly – Close only the current list of tickets.
This option will help to avoid problems when my program starts to close positions based on total profit and the user’s adviser starts to open new positions. ClosingCurrentTicketOnly = true. Then, the VirtualTradePad program, if the total profit conditions are met, will close the current list of positions.
If new tickets are added to the list of positions, the VirtualTradePad program will ignore them. ClosingCurrentTicketOnly = false. Then, the VirtualTradePad program, if the total profit conditions are met, will close all positions, even if another adviser opens new positions.
ClosebyFIFO
Closing positions according to FIFO rules; When closing positions, the FIFO rule will be used (First opened, First closed). The position will be closed in the order of their opening! Attention: This rule is intended to be used only when working with all symbols and closing all positions at once. Attention: This mode prohibits the use of functions: Separate Deals
ShowCloseAllButton
Show the CLOSE ALL button on the panel. The button allows you to close all transactions immediately. After pressing the button, all positions and orders will be closed. Note: Depending on the parameter All symbols or Current symbol only.
CLP tab settings to the Trade Pad external parameters.
Because MetaQuotes prohibits sending global variables to the VPS server from MQL (MetaQuotes), all buttons, checkboxes, edit fields, and controls on the Trade Pad panel no longer work on VPS from MQL (MetaQuotes).
You can customize the function of closing by total profit or loss from the external settings of the Utility:
Attention! If the VPS_CLP_Activation parameter is enabled (true), then All settings for this function will work from external variables! Objects on the CLP tab – will be inactive!
int MAGIC_FONTSIZE = 12
The text size on the chart when using MagicTarget as well as Show_Future_BE_TP_SL and Show_Future_Line
color MAGIC_ORDER = clrYellow
The color of the center line, the opening price of the position, and the order on the chart.
color MAGIC_STOPLOSS = clrRed
The color of stoploss lines on the graph
color MAGIC_TAKEPROFIT = clrGreen
The color of the takeprofit lines on the graph
color NULLColor1 = clrGray
Color in the information in the panel
color PLUS_Color = clrLime
The color of the plus value in the panel information
color MINUS_Color = clrOrangeRed
The color of the minus value in the panel information
If YOU decided to limit losses on the current client magic, then you can do this in a new block.
Attention: This block does not close the deal! He brings up an alert! The next LimitFor, this parameter is reset to 0.
Also, you can enable sending messages to mail and phone when reaching the limits of NotificationMailSend.
Attention! This block only works to block the opening of positions from our VirtualTradePad panel! And it can not influence and block other advisors!
Block Limiting updated and supplemented! This settings block allows users to limit Profit/loss/lots/number of deals/positions for a specified time. A risk manager who monitors your trading and notifies you that the time limit has been exceeded with Current positions/today/week/month / all the time. It is possible to turn off the operation of the BUY / SELL / LOCK / REVERSE / BUY STOP / BUYLIMIT / SELL STOP / SELLLIMIT buttons if the limit is exceeded.
Disables the ability to open deals/positions on the current currency pair if the current value has exceeded your limit. Settings: CurrentOpenDeals – Take into account current open deals/positions; ClosedDeals – Take into account closed deals/positions over time: LimitFor – The time during which closed deals/positions in the history will be checked; LimitForLosses – The loss limit at which the EA will send a message must be specified with -; LimitForProfits – Profit limit at which the EA will send a message; LimitForLotsDeals – Limit of Lots of deals/positions, at which the adviser will send a message; LimitForCountDeals – Limit the number of deals/positions at which the EA will send a message; NotificationMailSend – Send a message to the phone (PUSH) and mail if the limit is exceeded; ProhibitOpeningNewDealsOrders – Disables the operation of the BUY / SELL / LOCK / REVERSE / BUYSTOP / BUYLIMIT / SELLSTOP / SELLLIMIT buttons if the limit is exceeded.
Choices: DAY – take into account the profit and loss for the current day; WEEK– take into account the profit and loss for the current week; MONTH– take into account the profit and loss for the current month; ALLTIME– account for profit and loss for all time.
Example: You need an expert to send you mail and display an alert on the screen when the total loss for open and closed deals within LimitFor will be less than -100 dollars: Your settings will be as follows: LimitFor = 0; LimitForLosses = -100; LimitForProfits = 0; After reaching a loss on the history of the day -100 dollars, the EA will give a message on the screen in the form of an Alert and send mail.
The type of fill positions and orders. It is used for the MT5 terminal. In AUTO mode, the Expert Advisor tries to determine the fill type automatically. But, in some situations, you need to set the fill type yourself.
If you get an error when opening a position 10030 TRADE_RETCODE_INVALID_FILL, An unsupported type of execution of the remainder order is indicated. Set the type of fill that your broker rules.
Example: FillOrKill This execution policy means that the order can be executed only in the specified amount. If the market currently does not have a sufficient amount of a financial instrument, then the order will not be executed. The required volume can be made up of several offers available at the moment in the market.
ImmediateOrCancel It means the agreement to make a deal on the maximum available volume on the market within limits specified in the warrant. In case of impossibility of full execution, the order will be executed for an accessible volume, and the unexecuted order volume will be canceled.
Return This mode is used for market, limit, and stop-limit orders and only in the modes “Market Execution” and “Stock Execution”. In case of partial execution, a market or limit order with a residual volume is not withdrawn but continues to operate. For stop-limit orders, the corresponding limit order with the execution type Return will be created upon activation.
What are the values in the fields for editing in Points or pips?
In points()! The item is taken from the value of the Point () variable of the MQL language.
If you have a 5 \ 3 digit broker, then 1 point = 0.00001 \ 0.001
If you have a 4 \ 2 digit broker, then 1 point = 0.0001 \ 0.01
On the chart there are 2 open positions with lots of 0.1 and 0.2. I see that from the current price to the break-even 50 points, that is, loss is 50 points, and you show -150 points, why?
The calculation in points is correct from our side.
Therefore, even if you have 2 positions with different lots, the sum of the points of loss will be higher than the distance from the current price and then the break-even points.
The adviser takes into account the calculation of the spread, swap, and commission. Therefore, all calculations and indicators of our adviser take into account many factors.
Let’s take an example:
if 1 order is minus –10 points, then it is –10 points ;
if 2 orders are minus –10 points, then it is already –20 points ;
and if there are 2 orders with different lots, then lot 0.1 gives -10 points, and lot 0.2 gives -20 points and in total – 30 points
because if you put a close at –50 points, you will have 1 order –50 points, then it will close with a loss of –50 dollars
but if by your calculation there will be 100 orders there, but the distance is –50 points, then when closing, it will be already –5000 dollars
It seems to be worth –50 points, and upon closing, the amount can jump from $ 50 loss to $ 5000 and so on
Is it possible to set the trailingprofit to start from the minus zone?
Yes, you can set trailing profit to be triggered from the minus zone
Please set AutoCorrect_LevelCLP = false in the EA settings
Example:
Loss = -100 USD Profit = 10 USD Trailing Profit = 100 USD Price moves in my direction = +10 USD New Loss = -90 USD If the price moves against me, I will have lost 90 USD instead of the initial 100 USD.
Exp - VirtualTradePad EXTRA (XAUUSD,H1) SEPARATE ORDERS 150167924499 Trailingprofit is ON profitpipstralprofit= 1.999999999998181 Exp - VirtualTradePad EXTRA (XAUUSD,H1) SEPARATE ORDERS 150167924499 Level of Profit is rise profitpipstralprofit= 16.000000000030923 Exp - VirtualTradePad EXTRA (XAUUSD,H1) SEPARATE ORDERS 150167924499 Level of Profit is rise profitpipstralprofit= 17.000000000007276 Exp - VirtualTradePad EXTRA (XAUUSD,H1) SEPARATE ORDERS 150167924499 Level of Profit is rise profitpipstralprofit= 18.000000000029104 Exp - VirtualTradePad EXTRA (XAUUSD,H1) SEPARATE ORDERS 150167924499 Level of Profit is rise profitpipstralprofit= 19.000000000005457 Exp - VirtualTradePad EXTRA (XAUUSD,H1) SEPARATE ORDERS 150167924499 Level of Profit is rise profitpipstralprofit= 22.000000000025466 Exp - VirtualTradePad EXTRA (XAUUSD,H1) SEPARATE ORDERS 150167924499 Level of Profit is rise profitpipstralprofit= 32.00000000001637 Exp - VirtualTradePad EXTRA (XAUUSD,H1) SEPARATE ORDERS 150167924499 Level of Profit is rise profitpipstralprofit= 55.00000000001819 Exp - VirtualTradePad EXTRA (XAUUSD,H1) CLP SEPARATE ORDERS 150167924499 CloseifProfitorLoss Close by profitpipstralprofit = -48.00000000000182 XAUUSD+ All Symbol Exp - VirtualTradePad EXTRA (XAUUSD,H1) CLP SEPARATE ORDERS 150167924499 CloseifProfitorLoss Close by profitpipstralprofit = -48.00000000000182 XAUUSD+ All Symbol XAUUSD SELL 0.01 Exp - VirtualTradePad EXTRA (XAUUSD,H1) CPBS SYMBOL_FILLING_MODE=3 SYMBOL_TRADE_EXEMODE=1 SYMBOL_EXPIRATION_MODE=15 SYMBOL_TRADE_MODE=4 SYMBOL_TRADE_STOPS_LEVEL=0 SYMBOL_TRADE_FREEZE_LEVEL=0 SYMBOL_ORDER_MODE=127 SYMBOL_START_TIME=0 SYMBOL_EXPIRATION_TIME=0 SYMBOL_SPREAD=19 SYMBOL_SESSION_DEALS=0 Exp - VirtualTradePad EXTRA (XAUUSD,H1) ClosePosition 150167924499 Result = 10009 symbol XAUUSD volume 0.01 action 1 tp 0.0 sl 0.0 type 0 price 2345.55 TRADE_RETCODE_DONE
Changelog CLP CloseIfProfitorLoss
Version 24.426 2024.04.26
– CLP tab: with AutoCorrect_LevelCLP = false, you can work with negative trailing profit!
You can set trailing profit to be triggered from the minus zone.
Please set AutoCorrect_LevelCLP = false in the EA settings.
Example:
Loss = -100 USD
Profit = 10 USD
Trailing Profit = 100 USD
Price moves in my direction = +10 USD
New Loss = -90 USD
If the price moves against me, I will have lost 90 USD instead of the initial 100 USD.
Version 24.419 2024.04.20
– Optimization of the “Show Profit on History” function
– Added CLP tab settings to the Trade Pad external parameters.
Because MetaQuotes prohibits sending global variables to the VPS server from MQL (MetaQuotes), all buttons, checkboxes, edit fields, and controls on the Trade Pad panel no longer work on VPS from MQL (MetaQuotes).
You can customize the function of closing by total profit or loss from the external settings of the Utility:
Attention! If the VPS_CLP_Activation parameter is enabled (true), then All settings for this function will work from external variables!
Objects on the CLP tab – will be inactive!
Compilation in the latest terminal build.
Long Ticket Number: Fixed CLP Trail Profit error when working with brokers with long ticket numbers.
Version 23.913 2023.09.18
——————————
-Last Build Compilation
-EAPADPRO v44
Version 22.111 2022.01.12
Update repeat
Version 22.110 2022.01.12
Исправлекна ошибка рисования объектов для новых версий терминала MT5
Version 21.956 2021.11.14
Code optimization and General improvements and bug fixes as reported by users.
Version 20.952 2020.10.22
– Added parameter to CLP (Closing on total profit and loss) settings:
— CPL_CloseAllCharts_per_CloseAllDeals = close charts / other charts before closing positions.
— This parameter allows us to solve the problem when our panel begins to close positions upon reaching the total profit or loss, and in the meantime, other experts simultaneously begin to open new positions.
— The CPL_CloseAllCharts_per_CloseAllDeals parameter closes only those charts on which other Expert Advisors are installed (except for VirtualTradePad) only for MT5.
— The CPL_CloseAllCharts_per_CloseAllDeals parameter closes All charts (When All Symbols is enabled) or only those with a chart symbol = VirtualTradePad symbol.
— The CPL_CloseAllCharts_per_CloseAllDeals parameter saves chart templates before closing them! The template can be downloaded later. Template name: VTP_Symbol_Period_Name of the expert (only for MT5).
Important:
— In MT5: Only those charts on which the Expert Advisor is installed are closed in MT5
Version 20.608 2020.06.08
Перекомпиляция 2485
Version 20.423 2020.04.23
-In the CLP_Alert CLP_Push Notification, the name of the currency pair with which the program works has been added.
-In the CLP_Alert CLP_Push Notification, the name of the currency pair, position type and lot of the closed position are added.
Version 20.206 2020.02.09
=================================================== =====================================
— Added opportunity to use Expert Adviser on Forex VPS for MetaTrader 4/5 from MetaQuotes
It works on any chart. Supports multiple chart at once!
Tabs work: CLP, TrailinStop, Signals!
Before changing the variables on your computer:
1. Enable AutoTrading to make the Expert Advisor active.
2. change the parameters,
3. After that, start the Migration!
=================================================== =====================================
– Added Risk Manager: Risk Manager Limiting losses / profits / Lots / Numbers
Block Limiting updated and supplemented!
This settings block allows users to limit Profit / loss / lots / number of deals/positions for a specified time.
A risk manager who monitors your trading and notifies you that the time limit has been exceeded with Current positions / today / week / month / all the time.
Settings:
CurrentOpenDeals – Take into account current open deals/positions;
ClosedDeals – Take into account closed deals / positions over time:
LimitFor – The time during which closed deals / positions in the history will be checked;
LimitForLosses – Loss limit at which the EA will sent a message, must be specified with -;
LimitForProfits – Profit limit at which the EA will sent a message;
LimitForLotsDeals – Limit of Lots of deals / positions, at which the adviser will sent a message;
LimitForCountDeals – Limit of the number of deals / positions at which the EA will sent a message;
NotificationMailSend – Send a message to the phone (PUSH) and mail if the limit is exceeded;
Version 20.129 2020.01.29
Исправлено завсиание при сворачивании
Version 20.127 2020.01.27
TesterHideIndicators
Version 20.125 2020.01.27
— Forced writing global variables to disk.
— Color of TrailingStop and CLP in the ON mode – is changed to green.
– The version for the MetaTrader 5 terminal now can use scrolling (on the mouse):
If you hover over the field for editing the parameter (lot, stop loss, take profit, distance, CLP), then when scrolling with scrolling, you can increase or decrease the value in this field!
Note: Only for MetaTrader 5!
Note: Scrolling of the chart is disabled if the cursor is on the area of our VIRTUALTRADEPAD panel and is enabled if the cursor is outside the VIRTUALTRADEPAD area.
Version 20.110 2020.01.10
Added CLP: New parameter Use_Commission_in_CLP – Use calculation of commission when closing positions.
true – take into account the commission in the calculations.
false – do not take into account the commission in the calculations.
Attention: The commission is calculated from an open deal and multiplied by 2 (When closing a deal a commission is also charged)
This is the standard way to calculate commission!
In MetaTrader 5, it is impossible to get the type of commission calculation from an adviser!
If you do not want the adviser to automatically calculate the commission, you can turn off this feature!
Attention! This function only affects the calculations on the CLP tab, all other tabs work in standard mode, taking into account commissions.
Version 19.992 2019.12.15
CLP – Обновлен расчет прибыли для CFD, Index
Version 19.991 2019.12.02
CLP: Fixed display of future levels (Show_Future_BE_TP_SL) for BUY positions.
CLP: The Show_Future_BE_TP_SL function has been added to show future profit / loss lines when closing is selected as a percentage of the current balance.
CLP: Added a new parameter to the “CLP options” section:
ClosebyFIFO = Closing positions according to FIFO rules;
When closing positions, the FIFO rule will be used (First opened, First closed).
The position will be closed in the order of their opening!
Attention: This rule is intended to be used only when working with all symbols and closing all positions at once.
Attention: This mode prohibits the use of functions: Separate Deals
Version 19.830 2019.08.31
Update for Separate Order
Version 19.824 2019.08.26
Fixed Virtual CLP error when the list of orders was not updated.
Version 19.701 2019.07.06
– A new parameter has been added to the function “Closing by total profit or loss”:
ClosingCurrentTicketOnly – Close only the current list of tickets.
This option will help to avoid problems when my program starts to close positions on the basis of total profit, and the user’s adviser starts to open new positions.
ClosingCurrentTicketOnly = true, Then the VirtualTradePad program, if the total profit conditions are met, will close the current list of positions. If new tickets are added to the list of positions, the VirtualTradePad program will ignore them.
ClosingCurrentTicketOnly = false, Then the VirtualTradePad program, if the total profit conditions are met, will close all positions, even if another adviser opens new positions.
Version 19.228 2019.02.26
Fixed a percentage value profit on the CLP tab when the user did not press Enter to save parameters.
Version 19.226 2019.02.26
Общие улучшения
Version 19.211 2019.02.11
Fixed the error of moving the graph when the panel is minimized!
Version 19.206 2019.02.06
– In the CLP block, when closing positions by profit in points, the profit in the deposit currency will be additionally checked.
Actual when closing positions with different volume of lots.
If the adviser can close positions by profit in points, but the profit in the deposit currency is less than 0, then the adviser will not close the position, but will wait for the positions to gain profit in the deposit currency> 0.
– Text labels with information about open positions are reduced, to save space.
– Cosmetic enhancements.
Version 19.201 2019.01.30
Global Update 2019
– Improved graphics part of the panel. Re-design of individual elements;
– Added the ability to resize the panel: GeneralSize!
– GeneralSize default = 12, Increasing the size of the panel.
– Last panel size with GeneralSize = 10!
– Text labels of open positions optimized. Fixed error when text labels were drawn on top of the VirtualTradePad panel;
Version 19.121 2019.01.21
Some graphical changes.
Version 19.114 2019.01.17
Global Update 2019:
– When using CLP_DeleteStopOrders = true and the CloseALL buttons, the choice of characters to close is taken into account (All symbols, only the current one);
– Added hints to external variables when setting up the program;
– Added language selection tips Language: Spanish, Portuguese (Brazil), German, Chinese, Japanese;
By default, the language of prompts will be determined automatically by the language of your terminal. You can also choose your language;
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!
– Parameter and function Sounds replaced by a more advanced function from our EAPADPRO
Added new parameters:
Notice_Open_Push = false;
Notice_Open_Sound = true;
Notice_Close_Push = false;
Notice_Close_Sound = true;
Notice_Modify_Push = false;
Notice_Modify_Sound = true;
Notice_Error_Push = false;
Notice_Error_Sound = true;
Notice_Open_NameSoundFromEa = “ok”;
Notice_Close_NameSoundFromEa = “alert2”;
Notice_Modify_NameSoundFromEa = “stops”;
Notice_Error_NameSoundFromEa = “timeout”;
You can enable / disable sound when opening, closing, modifying, error, as well as specify the name of the sound file (without .wav)
You can also enable notification to the phone (PUSH messages) when opening, closing, modifying, an error.
Additional information is displayed in the log.
– The ShowInfoPosition function has been updated; now the position information on the chart will not overlap our panel. Dynamic change of coordinates of information data on a chart.
– Font name changed to Roboto
Version 18.945 2018.10.18
The parameters of the number of attempts to close and open positions using one-click trading are added in external variables:
NumberTryClose – The number of attempts to close a position.
When receiving an error from the server, the adviser tries to open / close.
Required with frequent requotes.
CLP Activation (Close if Profit or Loss Activation) Changed!
ON OFF buttons are added to the panel for more understandable action!
Version 18.932 2018.10.01
– Added support for the work of the Expert Advisor and the CLP tab (Closing on Total Profit or Loss) on VPS hosting from MetaQuotes.
Version 18.515 2018.05.23
– Fixed the error with profit trailing and closure at a loss, which occurred when using the closing on all symbols.
– Added a variable for specifying the currency pair for the panel to work with: SymbolToTradeCustom
This allows working on offline charts (Tick charts, Renko charts, etc.).
Attention: Be careful when writing the name. The name should exactly match the name in the Market Watch!
EurUSD – incorrect!
EURUSD – correct!
If this parameter is not set, the EA works on the currency pair it is attached to.
– Added the ability for Magic Target to work on an offline (Tick, Renko…) chart.
– Added the indication of the feature operation to the CLP tab.
If the indication is red, the feature is disabled and does not work;
If the indication is green, the feature is enabled and working.
Version 18.309 2018.03.14
Fixed an error in the Close ALL button.
Version 18.227 2018.03.06
– Added support for font scaling in Windows (font size settings are not available);
– Added support for multiple magic numbers. Updated the MagicNumber parameter: the first number denotes the magic number for opening positions and management. It is also possible to set multiple magic numbers to be managed;
For example:
— MagicNumber=777 UseAllMagicFromAllAccount=true: the EA monitors all positions on the current symbol and on the entire account;
— MagicNumber=777 UseAllMagicFromAllAccount=false: the EA monitors positions with the magic number 777 on the current symbol and on the entire account;
— MagicNumber=777,888 UseAllMagicFromAllAccount=false: the EA monitors positions with the magic numbers 777 and 888 (opens positions with the magic number 777) on the current symbol and on the entire account;
— MagicNumber=777,888,999 UseAllMagicFromAllAccount=false: the EA monitors positions with the magic numbers 777, 888 and 999(opens positions with the magic number 777) on the current symbol and on the entire account;
– When a new object appears on the chart, the panel is refreshed to avoid overlapping of objects on the panel;
Version 17.979 2017.12.12
Cosmetic changes.
A new parameter has been added: CPL_AUTOOFF_AfterClose allows disabling the “Close if profit or loss” button after closing all positions.
The button is only disabled when ALL! positions are closed.
It takes into account the magic number specified in the EA, as well as the symbol for closing.
If closing only 1 currency is selected and the CPL_AUTOOFF_AfterClose parameter is enabled, the EA waits for all positions on the given currency pair to be closed, and can disable the button only after that!
BugFix: Fixed dragging of trade levels (Stop Loss, Take Profit) when hovering over the panel and back.
Version 17.970 2017.11.13
In the EA settings, changed the option for closing the terminal after all trades are closed.
Parameter CPL_CloseTerminalAfterClose – enable closing the terminal.
CPL_CloseTerminalAfterClose = true.
Terminal is closed only when ALL! positions are closed.
It takes into account the magic number specified in the EA, as well as the symbol for closing.
If closing only 1 currency is selected. If the CPL_CloseTerminalAfterClose parameter is enabled, the EA waits for all positions on the given currency pair to be closed, and cab close the terminal only after that!
Added the Show_Future_BE_TP_SL parameter to CLP – show the lines of the future position closure by total profit or loss.
Attention: it works only on the current symbol and with the ‘SEPARATE Orders’ mode disabled.
The lines are displayed separately for Buy and Sell positions, or by a common line.
If a line is not shown, then the positions form a lock that cannot be closed by the total profit or loss.
Note: line and price data may be inaccurate for floating spread.
Remember! SELL is closed by ASK, while BUY is closed by BID
Profit trailing can now be enabled only after setting the parameters for closing by profit.
Added the profit trailing values on the CLP panel near the input box for the distance of Trailing Profit. The value appears when the trailing level is fixed by the EA and shows the fixed level for closure.
Added block of alerts for profit and loss in the deposit currency.
If you want to limit the losses on the current client magic number, you can do that in the new block.
For example: you need the EA to send you emails and display on-screen alerts when the total loss of open and closed trades within LimitFor becomes less than -100 USD:
Set the parameters to the following:
LimitFor=0;
LimitForLosses=-100;
LimitForProfits=0;
After receiving the daily loss of -100 USD in history for the given magic number, the EA displays an on-screen alert and sends an email.
Attention: this block does not close trades! It simply displays alerts!
At the next LimitFor, this parameter is reset to 0.
You can select LimitFor= DAY;WEEK;MONTH;ALLTIME;
You can also enable sending email and push notifications when reaching the limits of NotificationMailSend
To the CLP panel for closing by profit or loss, added a block of notifications when closing positions by profit or loss. 3 notification methods are available:
CPL_AlerT – alert message
CPL_Mail – email message
CPL_Push – push notification
How to set up mobile device or email to messages from the Expert Advisor:
https://www.metatrader4.com/en/trading-platform/help/setup/settings_notifications
https://www.metatrader4.com/en/trading-platform/help/setup/setup_email
the MagicOrderToClose parameter has been replaced by 2 parameters:
MagicNumber – unique magic number of positions to close.
UseAllMagicFromAllAccount:
true = apply the function of closing by total profit or loss to all magic numbers.
false = set the unique magic number for closing positions in the MagicNumber parameter.
Version 17.504 2017.05.11
– Fixed the error with the display of fractional numbers on the CLP panel: when entering fractional numbers in the fields Dollars, Percents and Profit trailing
Version 17.118 2017.01.24
Fixed operation with long tickets
Version 17.105 2017.01.13
-Added parameter Use_Lots_in_CLP_Points for working with the CLP tab – true – the EA will also consider the lot of those positions during calculation of profit points. This option can be useful in trading on a hedging account with different lots.
For example:
opened 2 SELL positions on EURUSD
SELL 0.01 with profit of 20 and 0.2 USD
SELL 0.02 with loss of -12 points -0.24 USD
-If Use_Lots_in_CLP_Points = false the EA will calculate the “net” points.
In this case, the Profit will be: -0.04 USD or 8 points.
As we can see, the position gained profit in points, but it is a loss in USD.
-If Use_Lots_in_CLP_Points = true the EA will calculate points with consideration of lots.
In this case, the profit will be: -0.04 USD or -4 points.
If calculation of profit is in points and the “Include lots in profit calculation” is enabled,
the EA will find the minimum lot of the provided positions and calculate the Points on that basis.
For example:
Minimum position 0.01, 1 “net” point = 1 point,
If a position is opened with a lot of 0.02, then 1 net point = 2 points with consideration of the lot.
If a position is opened with a lot of 0.05, then 1 net point = 5 points with consideration of the lot.
-Added checking of the input values for closing profit or loss:
If the specified profit is lower than the current – system generates a warning and disabled the closure mode.
If the specified loss is greater than the current – system generates a warning and disabled the closure mode.
If set to 0 and user attempts to enable closure – system generates an error.
-Added the AutoCorrect_LevelCLP parameter:
Only negative values can now be entered to the loss field. If user enters +10, the system automatically converts it to -10.
Only positive values can now be entered to the profit field. If user enters -10, the system automatically converts it to +10.
Only a positive value can be entered in the CLP_TralOptions, otherwise the EA generates an error.
-Added the SEPARATE Orders option to the CLP panel for separate calculation and deletion of each position.
“Virtual Stop Loss and Take Profit” mode.
For example, if you set closure by loss to $ -5 and closure by profit to 100 points, each trade will be closed separately by a loss of $ -5 or by profit of 100 points.
-Added the Separate BUYSELL option to the CLP panel, which allows to calculate a close positions by the net profit or loss separately for BUY and for SELL.
Version 16.930 2016.10.03
Updated the algorithm for working on hedging accounts
Fixed the error in the TrailingProfit edit box
Version 16.128 2016.02.01
Added the function to save the settings during the terminal reboot, the change in settings inside the panel, when closing the panel on the chart and attaching the panel to the chart.
All variables and data changes made in the panel are now saved when the terminal is restarted.
If you turn off the terminal and turn it on again – all the parameters will be re-loaded from the global variables.
Added the TrailingProfit function to the CLP tab:
Trailing Stop at Closing.
A new function for trailing profits has been implemented on user demand. In this case, the profit is fixed with some correction. As soon as the profit reaches the specified value, the Expert Advisor saves the current profit level and starts trailing the profit.
For example:
If you made settings for closing at the profit of 10 dollars:
Profit $ – positive closing.
Profit $ – value of positive closing.
TrailingProfit- distance from Profit $, which, when reached, triggers trailing of profit.
If Profit $ is set to 10 and TrailingProfit is set to 5 the Trailing Stop will be set at 5 dollars. The Trailing Stop will come into play when the Expert Advisor passes the 10 dollar line and start moving following the profit. The Journal will show entries about the current profit status.
When the total profit falls below the last fixed level, TrailingProfit, the Expert Advisor will perform forced closing of all position.
The function works for all closure types: Every symbol, Current symbol, Separate BUY and SELL direction, Each order separately.
Version 15.923 2015.09.24
Fill policy parameter has been added to the external parameters:
TypeFilling=FillOrKill
FillOrKill
This fill policy means that an order can be executed only with the specified volume. If the required volume for a given financial instrument is currently unavailable in the market, the order will not be executed. The required volume can be filled using several offers currently available in the market.
ImmediateOrCancel
This means that a trade will be executed with the maximum volume available in the market within the value indicated in the order. In case entire order volume is not available in the market at the moment, a partial fulfillment is possible, but any portion that cannot be filled immediately is canceled.
Return
This fill policy is used for market, Limit and Stop Limit orders and only in the Market Execution and Exchange Execution modes. In case of partial filling a market or Limit order with remaining volume is not canceled but processed further.
When a Stop Limit order triggers, a relevant Limit order will be placed with the Return fill policy.
Version 15.116 2015.01.16
In case of incorrect settings, the Close button will be disabled and an error will be returned to the user.
Version 15.112 2015.01.13
Added check of input data before the start of algorithm operation. Protection against incorrect settings.
For example, if you specify the loss of more than the current one – the system will not allow you to perform the algorithm. Since the positions must be closed immediately.
For example: You have indicated close loss at 2 dollars. Currently loss is -3 dollar. This means that you obviously specified closing level below the current one. And the system will immediately close the position.
In this version, the system returns an error and asks you to enter another value.
If your сurrent loss is -5 dollars, you can set the loss value only -5.1 or below.
If you have a current profit of $10 and you want to set it to $5 – the system will return an error. You can set the value for locking the profit only above the current profit. For example, $11.
Max
Amazing product, works very well and neat, what I was looking for and also have other his other products like full trade pad, good producer, many detailed functions buttons on chart and also in settings!
Atila R Akdeniz
Excellent Tool, very useful to do operations on the termial. All of Vladislav's products are of excellent quality, and he provides very good support. With the current prices it's a good time to buy all his products.
lorrenzs 2023.05.29 03:06 # RU
Thanks for your response. Once again this ea is the best ea ever made in my opinion but one critical feature is missing, let me explain.
I make a series of trades or just one trade, I hit a profit of $100 for example, now I want to place my trailing profit between 15% to 20% of my profit (not my balance and not my equity, just my profit alone). Now I set my trailing profit at 17.5% of my profit, meaning the profit will trail by $17.5 but as i keep getting more profit the value of the 17.5% keeps changing. For example if profit still rises from $100 to $150 my new trailing profit value would be $26.25. Immediately the trade begins to move in the loss direction it activates the most recent stop loss value and closes the trade if it falls to that value but throughout the trade 17.5% of my total profit was used in trailing my total profit.
It has been rigorously proven that a trailing profit of 15% to 20% of the total profit itself is the most profitable take-profit strategy, taken from a sample of 50 years of trading pool, the article supporting this findings can be found online, that is why I am using 17.5% as my trailing profit exit strategy in the example.
Also you asked if I am requesting for a new feature, the answer is yes, please make this new feature available, I am pleading.
Feature: TRAILING PROFIT IN PERCENTAGE OF TOTAL PROFIT.
Thanks for your kind understanding .
I gave it 4 stars for now, 5th star after update, thanks in advance.
Vadim V.
Hi, I bought Profit or Loss Pad 1 month ago and run it on MT5 and it worked OK. I found the EA very helpful and bug fee in work that helps me to scalp not looking when I need to get out. EA that good tool. 5 stars to Vlad.
Terek
купил сразу как нужен был equity trail, потому что все продукты от данного производителя высшего качества. будем посмотреть. функционал вроде не плохой. но сразу бросается в глаза притормаживающее отображение профита на панели, нельзя ли его ускорить как то? еще не нашел функцию отключения кнопки автоторговли после закрытия, но это не так важно. главное что бы equity trail работал.
Agnaldo Prata 2020.05.11 14:56
Excellent toll, I have been looking for a good trade manager EA for long time and now I found it, I have been testing it on my live account and it works like a charm.Thanks for the developer, great job done!
pllm2708 2019.04.25 10:01
Dear Vladislav,
Just purchased this EA a few hours ago and I am already thoroughly enjoying all the rich features. It is really value for money for only $30.00. It is almost everything that I have been looking for EXCEPT the fact that the EA does NOT delete any of the pending orders after the pre-set profit level has been reached. As my EAs trade in a cycle and needs to restart a fresh cycle after the closing of the on-going cycle and the fact that my EAs will only restart a fresh cycle upon all the pending orders being deleted - as a result, all the pending orders which were not deleted are being triggered now and my EAs would just continue to trade the just closed cycle as if nothing had happened. This obviously defeats the whole strategy employed by my EAs.
So Vladislav, can we have an urgent update of the EA to include the deletion of ALL the pending orders of the same symbol when the pre-set TP or SL is reached??? The EA would be perfect if you could do that.
Also, it would also be an excellent idea if the EA can somehow instruct all the EAs under its management to restart afresh every time when the pre-set TP or SL is hit/reached.
If the above two suggestions could be implemented, the EA would really be PERFECT! So, for now, 4 stars only.
sincerely,
Philip Lee
Update
I wrote the above review less than 1 hour ago and Mr Vladislav PM me immediately to point out to me that there is already an option in the settings to choose whether or not to delete all pending orders - and I have just tried it and can confirm that there is an option to delete all pending orders. this is BRILLIANT, I really think this EA is all that one could ever ask for in as far as this kind of utility EA is concerned - it has everything and it works beautifully. I highly recommend this EA - this is a real no brainer - for only $30 - go ahead and buy it immediately, no need to think twice. Updated my rating to full 5 stars. Simply BRILLIANT!
Kin Hung Chow 2018.08.22 03:50
Very good Utilities. But I have a problem that MT4 doesnt close after stop out even I set the close terminal to "true". Any ideas for reason?
Staffan Ofwerman 2018.04.26 09:59
This is just what I've been looking for. A great tool and it works fine. I had some trouble with understanding some of the settings, but finally I got it right. And the seller is really, really helpful. Impressive.
Валерий Булеев 2017.02.06 10:51
Еще один отличный продукт от этого программиста! Спасибо! Необходимый инструмент для контроля прибыльности и убыточности сделок, использую как дополнение к своему советнику. Очень хорошо работает поддержка, приятно работать с такими людьми, еще раз спасибо!
Bambang Arief 2016.12.14 14:12
This tool is very important and useful, like Master that teach how to become a discipline trader.
>>Version 16.990 - 2016.12.13>> works for ECN account and count swap fee (if any)
Victor Epand 2016.02.28 20:41
This EA can be very useful when combined with other EAs to set the desired minimum drawdown in % of balance at which time all positions will be closed.
Mark Huggett 2016.02.20 01:25
Thank you, Vladislav. You have done a very nice job developing this application. It closed a position perfectly yesterday at my intended profit.
bsandaruwan 2016.01.17 15:16
Before talk about the EA I like to talk about Author
He is the best Author I saw in Mql5
His service 5star for me.
Very kind and honest person
Always response with very patient & professional way with his Knowledge.
Profit or Loss Ea very useful for me.
Its work very well with all currency pairs.
Extremely happy with Ea
Thx Lot Vladislav for your nice EA’s and 5 star Service.
Frederic Fachard 2015.05.26 18:37 # RU
I bought this product in january 2015.
I'm happy with it 🙂
It really makes what he is supposed to !
It can close order(s) for a specified symbol OR ALL orders
Setting of the targets (win and/or loss) are easy to setup (in account currency and/or points and/or % of balance)
Hint :
About setting the targets in "loss", don't forget to ADD THE MINUS SIGN BEFORE THE VALUES 😉
For example, if you enter positive value (without the minus sign) on "Loss $" field, the order may be immediately closed !
In loss section, you have to enter "-5.00" if you want the order to close when your loss reached USD 5.00 ...
Things that could be enhanced :
- When market is fast moving, the EA have some difficulty to follow... (the target may be reached for a flash moment and sometimes the EA miss it...)
- Maybe an alert by email and/or push when the EA closes some order with details about what have been done.
All in all, thank you for this nice product 🙂
Description
An example of programming a strategy for the PipFinite Trend PRO indicator and trading using our universal trading system Exp – The xCustomEA.
In…
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