Has anyone ever come across an EA which will close all open and pending orders based on equity value settings? Thanks in advance.

I guess I should restate my initial posting. If anyone can provide me with an equity based EA, then I will furnish that perticular individual with an automated system that generates a hefty profit. The equity EA I am looking for would complete this system. The system is currently profitable, however I would like to eliminate human interaction even further by having an equity ea close ALL POSITIONS upon a specified % growth. I welcome all coders to participate... an EA of this nature should be a breeze to write, and I will see to it that it is worth your effort by sharing the complete system and its perameters.

Sincerly,
Mr. Marketz

Got it - much thanks.

Mr.Marketz

Would you be willing to share this particular EA (the equity based take proft part) with us? Either post it here or send me a pm.

Many thanks in advance!

Micha

read this http://www.metatrader.info/node/99

Here you go. Sorry a bit late. My good pal Don Perry helped code this. One of my favorites. 2 user values:

1. put in % gain - default 120% = 20% of equity value.
2. current equity - put in your equity value.

That's pretty much it. Checked out the link above for coders guru Equity EA - if someone could compile that script I'd love a copy.

Thanks

Attached Files

EquityMangager V2.mq4 (2.5 KB, 366 views)

hello
is any ea if the equity gone to the profit close the all open positions?
can any one add my means to this ea?
exampele add a parametr for expert
equity=1000
ea cheking the equity all time
if the equity of the account becomed => before equity+1000
then close the all open orders nad after start again

Attached Files

CHinGsMAroonCLK_2[1][1].2.mq4 (8.3 KB, 77 views)

I moved your post to this thread with equity EA.
The other versons are here Automatic Equity Manager

can any one add equity manager to this ea?

Attached Files

CHinGsMAroonCLK_2[1][1].2.mq4 (8.3 KB, 41 views)

Birami,

The equity EA in this thread will not work as a mod for your EA. You will have to have a different logic programmed in to yours in order to get it working the way "I believe" you want it to work. You need a feature like the "Pip maker EA" has. Once your profit target is reached, the EA will either close all open trades and look for the next entry, or close all open trades and then "shut off" until you restart it. These are the functions "I think" you're looking for... am I right?