New free code from MQL5: indicators, EAs, and scripts for traders.
What ideas is the code based on: This script is designed for manual traders and algorithmic managers who need to instantly clean up their exposure. Standard MetaTrader 5 interface requires closing each position individually, which can cause significant slippage during high volatility. This script automates the process by iterating through all open positions and closing them in a split second based on the selected mode.
How indications can be interpreted: The script works via a user-friendly drop-down menu (Enumeration) and executes immediately upon being dragged onto the chart. It provides clear feedback in the Experts log terminal, printing the exact number of successfully closed positions.
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Description of external variables (Inputs):
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CloseMode: Determines the filtering logic for closing.
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CLOSE_PROFIT — Closes only positions that are currently in net profit (including swap and commission).
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CLOSE_LOSS — Closes only positions that are currently underwater (negative net profit).
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CLOSE_ALL — Completely flattens the account by closing every single open position.
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TargetMagic: Filter by Magic Number.
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If set to 0 , the script will affect all manual trades and trades from any Expert Advisor.
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If set to a specific number (e.g., 12345 ), it will only close positions opened by that specific EA.
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Recommended usage:
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Symbol: Universal (works on any currency pair, Gold, or Crypto).
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Timeframe: Any (the script executes instantly and does not depend on chart periods).
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