Close by percentage MT4

In the world of Forex Trading, the Close by Percentage MT4 stands out as a unique tool designed to optimize trading operations. It is a utility software developed for use with a large number of Expert Advisors and sets.

How Does Close by Percentage MT4 Work?

The Close by Percentage MT4 tool is designed to streamline the process of managing losses on a trading account. With this tool, there is no need to manually adjust the ‘Close positions at percentage of loss’ parameter on each chart. Instead, traders can simply open an additional chart, attach this utility, and set a desired percentage for closing all trades on the account.

Key Functionalities of Close by Percentage MT4

Close by Percentage MT4 exhibits several key functionalities that enhance its trading optimization capabilities. These functionalities are outlined below:

1. Close trades by loss percentage: This function allows traders to set a percentage of floating loss from the balance at which positions are closed. If set at 0, this function is not active.
2. Close trades by profit percentage: This function enables traders to set a percentage of floating profit from the balance at which positions are closed. If set at 0, this function is not active.
3. Close trades by loss money: This function allows traders to set a floating loss in deposit currency at which positions are closed. If set at 0, this function is not active.
4. Close trades by profit money: This function enables traders to set a floating profit in the deposit currency, at which positions are closed. If set at 0, this function is not active.
5. Select trades: This function allows traders to select trades to consider. Options include ‘All’ (all positions on the account), ‘by Symbol’ (positions for different symbols), ‘by Magic’ (positions with different magic numbers), and ‘by Magic and Symbol’ (positions for different symbols and with different magic numbers).

Forex Software Review: Close by Percentage MT4

Close by Percentage MT4 is a valuable MT4 tool that enhances trading efficiency by optimizing the process of limiting losses on an account. It offers a user-friendly interface and a range of functionalities that allow for customization based on a trader’s specific needs.

Independent testing of this product can be viewed on the forexroboteasy.com website. Traders can also subscribe to receive updates on the results of these tests, providing additional insights into the product’s performance and reliability.

Share Your Experience

Have you used the Close by Percentage MT4 tool in your Forex Trading? Your experiences and feedback are valuable in helping others understand the benefits and capabilities of this tool. Feel free to share your thoughts and experiences.

FAQs

Is Close by Percentage MT4 compatible with all Forex Trading platforms?
Yes, Close by Percentage MT4 is designed to work seamlessly with all Forex Trading platforms that support MT4 tools.

How can I get updates on the product’s testing results?
You can subscribe to updates on the forexroboteasy.com website to receive the latest results of independent testing of this product.

Can I customize the percentage for closing trades?
Yes, one of the key functionalities of Close by Percentage MT4 is the ability to set a desired percentage for closing all trades on the account.

What if I want to consider positions for different symbols and with different magic numbers separately?
The ‘Select trades’ function of Close by Percentage MT4 allows you to do this. Simply choose the ‘by Magic and Symbol’ option.

This review is an independent product review and does not endorse or promote any product. The information provided is based on the product description and personal experiences and opinions may vary.