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Re: Partial Close for MT4

#11
eggzactly wrote:
Wed Feb 26, 2020 11:19 am
Ogee wrote:
Tue Feb 25, 2020 11:26 pm

yes, go through the thread and find a trading panel EA which is interactive rather than just a dashboard which reads only.
There are some that have a scaling out button though most (including probably the one provided by your broker) will have a non-hedging function. In non-hedging mode if you have a 1 lot open trade and you then enter an opposite direction trade of 0.1 lots the 1 lot open trade will become 0.9 lots, you can keep doing this by whatever numbers until you are out completely.
Thank you for your reply but unfortunately my broker doesn´t support close by function in order do that type of management, thats why i request the implementation at the indicator i provided of the partial close.

regards,
eggzactly
Far as I know it's not possible to do the partial close with an indicator.


Re: Partial Close for MT4

#12
mrtools wrote:
Wed Feb 26, 2020 11:43 am
eggzactly wrote:
Wed Feb 26, 2020 11:19 am


Thank you for your reply but unfortunately my broker doesn´t support close by function in order do that type of management, thats why i request the implementation at the indicator i provided of the partial close.

regards,
eggzactly
Far as I know it's not possible to do the partial close with an indicator.
Thank you for your reply mr tools. Even if it´s activated by a line ( like indicator i provided )?

regards,
eggzactly

Re: Partial Close for MT4

#13
eggzactly wrote:
Wed Feb 26, 2020 11:19 am
Ogee wrote:
Tue Feb 25, 2020 11:26 pm

yes, go through the thread and find a trading panel EA which is interactive rather than just a dashboard which reads only.
There are some that have a scaling out button though most (including probably the one provided by your broker) will have a non-hedging function. In non-hedging mode if you have a 1 lot open trade and you then enter an opposite direction trade of 0.1 lots the 1 lot open trade will become 0.9 lots, you can keep doing this by whatever numbers until you are out completely.
Thank you for your reply but unfortunately my broker doesn´t support close by function in order do that type of management, thats why i request the implementation at the indicator i provided of the partial close.

regards,
eggzactly
Ok, different brokers and countries have different rules but it's usually that they don't allow hedging rather than don't allow netting off. Try it and see. Open a trade in one direction then open a trade of equal amount in the other direction, if the two cancelled each other out then the platform has netted off and so you can use that way to scale out in increments. If the 2 trades continue to run then the platform is set to hedging mode.


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