FXCodeBase.COM: Forex Chart Indicators and Development

Strategy for close all open orders if all total profit/loss above/below user's level.

Download:

That's PERFECT. It is exactly what I want!!!

Thanx a lot for your services

Hi Alexander,

The following is not clear to me:

Parameters, Profit level for close orders in the account
Do we Enter Pips (P/L) OR Monetary Profit (Gross P/L)?

Thank You for taking the time.

Regards
Ancient

Initially I thought I understood what this Strategy was about. But after taking a closer look at it I lost it totally!

Can someone explain what this Strategy is meant to do?

Regards

I tested the strategy and it's sending the order to "Close All Positions for Symbol" rather than "Close All Positions". So if I have multiple currency pairs open, it will only close the trades which I have the strategy attached to. And if I attach the strategy to both currency pairs and set the profit target to say $100, it will close all trades in 1 currency pair when total profit reaches $100 but remaining trades stay open. The remaining trades will only close when the profit on remaining trades goes back up to $100.

Jason Rogers wrote:I tested the strategy and it's sending the order to "Close All Positions for Symbol" rather than "Close All Positions".

Xmmm.... I suppose I m wrong. I thought that strategy close ALL pairs, but it's close only a pair.
Dear Alexander.Gettinger, can you fix it? I have a similar strategy for MT4 and I can send it to you if it 's help you to translate it.

The name of this Strategy requires to be worded such that it more correctly describes its purpose.

If this is not possible, a brief explanation of the Strategy's Logical application would be useful. If this is also not possible, then possibly this Strategy should only exist on the Members pc that requested its development.

This Strategy does anything else other than the initial request! Below is Alepans Request:

Re: Close all open markets if netpl is possitive strategy reque
by alepan72 » Wed Oct 27, 2010 12:27 pm

Hi, all!
I m interesting for a strategy like this. I usually open two or three positions on differents currencies or trading based on a correlation table.
I would like if some reason my net p/l is above or below a stop loss / profit value (20-30 pips e.g.), strategy close ALL positions automatically.
Thanks and my best regards for your job.
alepan72

Posts: 14
Joined: Wed Oct 27, 2010 12:19 pm
Private messageE-mail

This Strategy does anything else other than the initial request! For the life of me I cannot understand how Alepan came back so happy and content, thanking for the development of the Strategy he requested???

Ancient wrote:Hi Alexander,

The following is not clear to me:

Parameters, Profit level for close orders in the account
Do we Enter Pips (P/L) OR Monetary Profit (Gross P/L)?

Thank You for taking the time.

Regards
Ancient

Gross P/L

Ancient wrote:Initially I thought I understood what this Strategy was about. But after taking a closer look at it I lost it totally!

Can someone explain what this Strategy is meant to do?

Regards

For example:
Let [LevelType]=ABOVE. If your profit/loss for all open orders more than [ProfitLevel] strategy close all position.
For [LevelType]=BELOW. If profit/loss less than [ProfitLevel] strategy close all orders.

This strategy is a Stop/Limit level for all account, not for one order.