Equity-based Position Closure

ÿþ//+------------------------------------------------------------------+

//|                                Equity-based Position Closure.mq5 |

//|                                       Copyright 2023, KISHORE K. |

//|                      https://www.mql5.com/en/users/kishorekiruba |

//+------------------------------------------------------------------+

#property copyright "Copyright © 2023, KISHORE K"

#property link      "https://www.mql5.com/en/users/kishorekiruba"

#property version   "1.000"

//---

#include <Trade\PositionInfo.mqh>

#include <Trade\Trade.mqh>

#include <Trade\AccountInfo.mqh>

CPositionInfo  m_position;                   // trade position object

CTrade         m_trade;                      // trading object

CAccountInfo   m_account;                    // account info wrapper

//--- input parameters

input double equity_percent_from_balances=1.1; // Equity Percent From Balances

input int buttonX = 100;  // X-coordinate of the button

input int buttonY = 100;  // Y-coordinate of the button

input int buttonWidth = 100;  // Width of the button

input int buttonHeight = 50;  // Height of the button



//---

ulong          m_magic=15489;                // magic number

ulong          m_slippage=50;                // slippage

//+------------------------------------------------------------------+

//| Expert initialization function                                   |

//+------------------------------------------------------------------+

int OnInit()

  {

//---

   m_trade.SetExpertMagicNumber(m_magic);

   m_trade.SetMarginMode();

   m_trade.SetTypeFillingBySymbol(Symbol());

   m_trade.SetDeviationInPoints(m_slippage);

    // Define the button size and position



// Create the button object

ObjectCreate(0, "BuyButton", OBJ_BUTTON, 0, 0, 0, 0, 0);



// Set button properties

ObjectSetString(0, "BuyButton", OBJPROP_TEXT, "CLOSE");  // Set the text of the button

ObjectSetInteger(0, "BuyButton", OBJPROP_XDISTANCE, buttonX);  // Set the X-distance of the button

ObjectSetInteger(0, "BuyButton", OBJPROP_YDISTANCE, buttonY);  // Set the Y-distance of the button

ObjectSetInteger(0, "BuyButton", OBJPROP_XSIZE, buttonWidth);  // Set the width of the button

ObjectSetInteger(0, "BuyButton", OBJPROP_YSIZE, buttonHeight);  // Set the height of the button



// Set button appearance

ObjectSetInteger(0, "BuyButton", OBJPROP_COLOR, clrRed);  // Set the button color

ObjectSetInteger(0, "BuyButton", OBJPROP_BGCOLOR, clrYellow);  // Set the button background color

ObjectSetInteger(0, "BuyButton", OBJPROP_BORDER_COLOR, clrBlack);  // Set the button border color

ObjectSetInteger(0, "BuyButton", OBJPROP_FONTSIZE, 16);  // Set the font size of the button text

//ObjectSetInteger(0, "BuyButton", OB, clrWhite);  // Set the font color of the button text

//---

   EventSetMillisecondTimer(1);

   return(INIT_SUCCEEDED);

  }

//+------------------------------------------------------------------+

//| Expert deinitialization function                                 |

//+------------------------------------------------------------------+

void OnDeinit(const int reason)

  {

//---



  }





void OnTick()

{

   

    

    if (m_account.Equity() >= m_account.Balance() * equity_percent_from_balances)

    {

       CloseAllOrders();

        

    }

}







void CloseAllOrders()

{

   m_trade.SetAsyncMode(true);

   for(int i=PositionsTotal()-1; i>=0; i--) // returns the number of current positions

      if(m_position.SelectByIndex(i))     // selects the position by index for further access to its properties

        {

         if(m_position.PositionType()==POSITION_TYPE_BUY)

           {

            if(!m_trade.PositionClose(m_position.Ticket())) // close a position by the specified m_symbol

               Print(__FILE__," ",__FUNCTION__,", ERROR: ","BUY PositionClose ",m_position.Ticket(),", ",m_trade.ResultRetcodeDescription());

           }

         if(m_position.PositionType()==POSITION_TYPE_SELL)

           {

            if(!m_trade.PositionClose(m_position.Ticket())) // close a position by the specified m_symbol

               Print(__FILE__," ",__FUNCTION__,", ERROR: ","SELL PositionClose ",m_position.Ticket(),", ",m_trade.ResultRetcodeDescription());

           }

        }

}



void OnTimer()

{

   

    

    if (m_account.Equity() >= m_account.Balance() * equity_percent_from_balances)

    {

       CloseAllOrders();

        

    }

}



void OnChartEvent(const int id, const long &lparam, const double &dparam, const string &sparam)

{



    // Check if the event is a mouse click event

    if (id == CHARTEVENT_OBJECT_CLICK)

    {

        // Check if the clicked object is the buy button

       if (sparam == "BuyButton")

        {

            // Call the trading logic function

            OnBuyButtonClicked();

        }

    }

}

void OnBuyButtonClicked()

{

    

    printf("CLOSE ALL");

    CloseAllOrders();

    

}