If you're looking to streamline your trading strategy, the Multi Pair Closer is a game-changer for MetaTrader 4. This handy tool keeps an eye on the net profit of a basket of currency pairs and automatically closes all positions once your profit target is hit. No matter what chart you have it running on, it will diligently track all the pairs you've set up.
Key Settings
- Currency Basket - Enter a comma-separated list of the currency pairs you want to monitor. Just a heads-up, this is case sensitive, so make sure to match the names exactly as they appear in your market watch window.
- Profit Target in Account Currency - Set the net profit amount you're aiming for with your selected currency basket.
- Maximum Allowed Loss in Account Currency - Define the net loss amount you’re prepared to handle.
- Allowed Slippage When Closing Orders - This setting determines how much slippage is acceptable when executing closing commands.
- Minimum Age of Order in Seconds - Specify the minimum duration an order must exist before it can be closed. By default, orders created within the last 60 seconds won’t be closed.
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