Stock-based position closing - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
Explore implementing equity-based closing in your trading bot, where positions are automatically closed when equity reaches a certain percentage threshold. - Free download of the "Stock-based closing" expert for MetaTrader 5 by "kishorekiruba" in the MQL5 codebase, May 27, 2023
Attachment download
📎 equity-based_position_closure.mq5 (9.7 KB)
Source: MQL5 #44616
Stock-based position closing - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resource usage and screening recommendations
Stock-based position closing - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resources are MT5 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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