PidPro is a fully-featured, free order-closing tool for MT4/MT5. It covers everything from one-click bulk position closing and automatic order closure based on defined pips, to time-based closing, break-even exits, Trailing Stop, and a host of other features that professional Forex traders demand.
PidPro is 100% free with no hidden charges. You can download and install it immediately — no registration required.
100% Free · No registration required · 17 Pages
PidPro is a free trading tool for MT4/MT5 developed by Forex FanClub, a software development company. Designed to maximise the efficiency of position management, it has been meticulously researched and developed to genuinely meet the discerning needs of active traders.
With PidPro, you can choose between two closing targets: All Charts or Current Chart. Selecting All Charts closes all open positions across MT4/MT5, while Current Chart closes only the positions on the chart where the tool is installed. This gives traders full control over the scope of their order management to suit any situation.
PidPro lets you close multiple positions simultaneously with a single click — perfect for emergency stop-loss execution or locking in profits on pyramided positions. It's especially valuable for scalpers who need speed, or for managing multiple positions held by an Expert Adviser (EA).
⚡ Key Advantage:
Massive time savings — no need to close orders one by one. Perfect for scalpers and active traders.
PidPro displays the total profit and loss in pips for all open positions in real time. When All Charts is selected, it shows the combined total across every chart; when Current Chart is selected, it displays the aggregate P&L for that chart alone. This gives traders instant clarity on their overall position, enabling better decision-making.
PidPro goes beyond simple manual bulk closing — it also supports four automated bulk order-closing modes. These intelligent features reduce the burden on traders and bring greater precision to every trade.
| Mode | Description |
|---|---|
| Auto Close by Time | Closes all positions at a preset time. Ideal for avoiding market close volatility or overnight risks. |
| Break-Even Auto Close | Automatically closes all positions when net profit/loss reaches zero — whether recovering from loss or pulling back from profit. |
| Trailing Close | Works like a standard trailing stop, automatically following profits and adjusting the stop level according to your chosen pip interval. |
| Close by Pip Target | Closes positions when a specified profit or loss in pips is reached. Set your target and let PidPro do the rest. |
This feature automatically closes all bulk positions at a pre-set time. It's ideal for exiting before major economic announcements, ahead of market close, or when you want to hold a profitable position for as long as possible before a specific deadline.
The break-even closing feature automatically closes all positions when the net profit/loss across open trades reaches zero — whether moving from profit to flat, or from loss back to flat. This saves time monitoring charts and allows you to let profits run without risk.
The Trailing Close feature works just like a standard trailing stop, but applied to your entire bulk position. Simply set your trailing activation level and trail distance — then let the system lock in and extend your profits indefinitely, without needing to watch the charts.
PidPro includes a built-in screenshot feature for recording trades and chart analysis. Captured images are saved to your "MQL5 (4)" >> "Files" data folder.
The break-even line display draws a visual break-even level for all open positions directly on the active chart. Even on accounts that charge commissions, the system automatically learns the commission rate for each trading instrument from the last 30 days of trade history and calculates the true break-even level.
On MT4, PidPro can overlay your trade history directly on the chart — allowing you to visually review past performance at a glance. Both the number of trades displayed and colour settings can be freely customised in the parameters.
To make the most of PidPro's powerful features, correct installation and proper parameter configuration are essential. This section walks you through every step — from download to first use — in enough detail for beginners to get set up without confusion.
Installing PidPro is straightforward. First, download the MT4 or MT5 version using the button below. If you're on a smartphone, please transfer the downloaded file to your PC via Google Drive or another method.
Next, go to "File" >> "Open Data Folder" from the MT4/MT5 top menu, then open the "MQL4" >> "Experts" folder. Move the downloaded "PidPro.ex4" or "PidPro.ex5" file into the "Experts" folder.
💡 Tip:
After pasting, restart your MT4/MT5 terminal or refresh the Navigator panel (right-click > Refresh) to see PidPro in the Expert Advisors list.
Drag and drop PidPro from the Navigator panel onto your chart, or double-click it. The settings window will appear.
Make sure the "AutoTrading" button (or "Expert Advisors" in MT5) is enabled (green). Without this, PidPro will not function.
To open the parameters screen, right-click on the chart and select "Expert Advisers" >> "Properties" from the context menu. The parameter settings screen shown below will open.
Key Parameters:
• Slippage: Default 3 pips
• Take Profit / Stop Loss: Set in pips
• Trailing Start / Step: Configure your trailing stop
• Auto Close Time: HH:MM format
• Font Size: Adjust for high-DPI displays
• Commission Rate: Auto-learned from last 30 days or set manually
The remaining settings are straightforward — covering default values for each auto-close mode and display preferences. On MT4, additional trade history display settings are available, where you can customise line colours and thickness to your preference.
If you are using a high-resolution display with scaling set to 150% or higher, please adjust the font size via the font settings in the parameters.
If you encounter display issues, you may need to remove objects from the chart. This can be done via the chart context menu.
⚠️ About Troubleshooting:
If you encounter any issues or errors while using PidPro, please contact Forex FanClub. Please also note that as PidPro is designed with broad, universal usability in mind, we are unable to accept requests for specific custom features. We apologise for any inconvenience.
To help you get the most out of PidPro, we've compiled the questions users ask most frequently, along with detailed answers. From configuration guidance to feature specifics — everything you need to use PidPro effectively.
Q: What is PidPro?
A: PidPro is a free order-closing tool for MT4/MT5 capable of managing multiple positions simultaneously. It offers everything from manual order closing to fully automated exits, and is developed by Forex FanClub — completely free to use.
Q: Is PidPro compatible with both MT4 and MT5?
A: Yes — PidPro supports both MT4 and MT5. It is written with code specifically optimised for each platform, ensuring stable performance without slowing down your terminal.
Q: How do I configure the automatic order-closing settings?
A: Open the settings screen via the "Auto Close" button in the control panel. You can enable or disable each of the four auto-close modes individually: close by pips, close by time, break-even close, and trailing close.
Q: What should I do if PidPro stops working?
A: First, check your automated trading permission settings. If the issue persists, it may be caused by a conflict with another EA or indicator. Try removing other EAs from the chart and restarting MT4/MT5.
Q: How do I set up the Trailing Stop?
A: The Trailing Stop can be configured in "Auto Close Settings." It works just like a standard trailing stop — automatically following profits and adjusting the stop level according to your chosen pip interval. Once configured, simply enable it to activate the feature.
Q: Is PidPro genuinely free to use?
A: Absolutely. PidPro is completely free. Ongoing support and updates from Forex FanClub are also provided at no charge. There are no costs whatsoever to download or use the tool.
Q: Can PidPro be used across multiple charts simultaneously?
A: Yes — PidPro can run on multiple charts at the same time, though we recommend using a reasonable number to manage the load on MT4/MT5. You can configure each chart to close only its own instrument's positions, or manage all instruments from a single chart — use it however suits your workflow best.
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