Please login to Download for Free

152 Downloads

Auto Profit Closer - Simple solution to automate profit closure


Category: Trending and Range Market

Last updated: 2024-10-02

Terminal: MT4

Preferred pairs: All

Timeframe: Any



Auto Profit Closer is a highly efficient Expert Advisor (EA) designed to help traders automate the closure of all open trades once a predefined profit target is reached. This EA is ideal for users seeking to lock in profits without the need for constant market monitoring. With easy-to-set parameters, it provides a flexible solution for traders of all levels.

Parameters

Who is This EA For?

How to Use It Profitably

  1. Set a Realistic TargetProfit: Based on your trading strategy, define a profit threshold that aligns with your risk management plan. Ensure it's neither too small (to allow trades to grow) nor too large (to avoid missing profit opportunities).
  2. Adjust Parameters: Fine-tune the slippage and execution speed based on your trading environment. For volatile markets, consider a higher slippage tolerance to ensure successful closures.

Trading involves risk. Use it responsibly and be aware of the risks associated with automated trading. Please backtest everything before putting it in a real account.