a4 Close ALL SHORT Pstns
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This script is designed as an automated utility for the MetaTrader 4 platform to manage and clear specific types of trading positions instantly. Its primary function is to identify and close every active "Short" position (sell orders) currently held in a trading account, executing these closures at the current market price.
Core Logic Overview
The script operates by performing a comprehensive scan of your active trading portfolio. Instead of closing individual trades one by one manually, it automates the process by scanning the entire list of open positions from bottom to top. This systematic approach ensures that no active trade is overlooked during the execution phase.
Step-by-Step Process
- Portfolio Scan: The script begins by reviewing every open order in your trading account to determine what types of trades are currently running.
- Filter for "Short" Positions: It specifically looks for "Sell" orders. Any other types of positions (such as "Buy" orders) are ignored by the script, allowing you to clear out specific risks without affecting your other open trades.
- Immediate Execution: Once a Short position is identified, the script attempts to close it immediately at the best available market price.
- Error Handling and Persistence: To ensure reliability, the script includes a "retry" mechanism. If a trade fails to close due to temporary market fluctuations (such as rapid price changes or connectivity blips), the script will refresh the current market data and immediately attempt to close the position again. This loop continues until the trade is successfully closed or the issue is resolved.
- Confirmation: The script is built to request a confirmation from the user before it begins its actions, ensuring that the execution is intentional and preventing accidental closures.
Summary for the User
Think of this tool as a "panic button" specifically for Sell positions. It allows you to instantly flatten your short exposure across all currency pairs or assets simultaneously, handling the heavy lifting of identifying, refreshing prices, and executing the closures automatically.
/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| a3 Close ALL SHORT Pstns.mq4 |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Ronald Verwer, Forex MetaSoft"
#property link "www.forexmetasoft.com"
#property show_confirm
//+------------------------------------------------------------------+
//| script to close ALL SHORT positions at market |
//+------------------------------------------------------------------+
int start()
{
int i,type,err,Slippage=3;
double price;
bool result;
//----
for(i=OrdersTotal()-1;i>=0;i--)
{
if(OrderSelect(i,SELECT_BY_POS,MODE_TRADES))
{
type=OrderType();
if(type==OP_SELL)
{
while(true)
{
result=OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol(),MODE_ASK),Slippage,CLR_NONE);
if(result!=true) {err=GetLastError(); Print("LastError = ",err);}
else err=0;
if(err==135) RefreshRates();
else break;
} } }
else Print( "When selecting a trade, error ",GetLastError()," occurred");
}
return(0);
}
//+------------------------------------------------------------------+
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