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Friday, 19 August 2022
Closing All Orders with One Click by MT4
Closing All Orders with One Click by MT4

Closing All Orders with One Click by MT4

Watch the testing video here:

Closing All Orders with One Click by MT4 

Maybe you started a position trade and it got away from you, and now you have many orders going in the incorrect direction.

You may have a number of profitable deals open that you can no longer monitor, so you want to close them all. So, how are you going to go about doing it?

Closing each slot individually can take a long time. So, how about closing all of your orders in one go?

In this article, we'll go through how to trade several close-by MT4 without breaking a sweat.

What exactly is a close all orders by MT4, and what can it do for you?

First and foremost, we must discuss using MT4 to close all orders.

You must navigate to the Trade tab in the MT4 interface to close a position order. Then, in the drop-down menu, select the trade you wish to close, push the right button, and then click Close order.

You'll have to manually close all of your orders in MT4 unless you use another program. You cannot select all open orders and close them simultaneously in MT4.

There is, however, a way out! You can write your own screenplay or utilize a pre-made one. Once you have the custom code or tool, it will immediately close all of your positions.

Let's look at an example. You're simultaneously managing five trades. The price then becomes extremely volatile for no apparent reason, and it behaves erratically. It is preferable to get out of these trade-in situations than to continue in them. With one press of a button, you can close all of your locations utilizing the tool.

Close All Open Orders by Metatrader 4 – The Step-by-Step Process

The MT4 platform is a trading platform for those who are familiar with it. Professional forex traders utilize it to place deals. To make a trade, you must first place an order. When the market opens, it sends a signal to your broker indicating whether or not your order should be executed. If you want to be successful on the MT4 platform, you must close all orders automatically when they open and close at the appropriate times.

Downloading Close all open orders script

Next, you’re going to do you’re going to use the scroll bar, which is over here on the right, and you’re going to navigate down to one of these scripts, which is called close all open orders. It may take you a little while to scroll down to find this because there are a lot of different scripts on here, so it may take you well to look here at it, but once you have, all you want to do is click on that and highlight it.

Downloading Close all open orders scriptDownloading Close all open orders script 

Then you’re going to right-click, and you should have an option to download here. So you’re just gonna click download, so that’s gonna take a few seconds to download the script onto your Metatrader 4 platform.

Keep your Auto Trading green

After that, you need to ensure that the auto trading button needs to be green. This won’t work without that being selected in green.

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