Description

With a single mouse click, the Close All Script for MetaTrader trading platform instantly closes all open orders—both pending and executed orders—on the chart. For scalpers to effectively handle trades with several positions, it is an essential tool. In the event of adverse market conditions, it can also help swing and day traders close several trades.

In MT4, is it possible to close all trades at once?

There is no built-in feature on the MT4 platform that allows all trades to be closed at once. However, a bespoke tool such as the Close All Script for M4 can still be used to perform this task.

One of the most crucial forex trading tools you should always have on hand on your trading dashboard is the script. This is because it enables you to promptly halt a trading situation that might otherwise result in a loss of your capital. Consider the potential consequences for your trading account if you attempt to manually close several open positions—for example, 15 orders—when the price rises in the other way.

How to Use the Close All Script For MT4

A EURUSD chart with numerous open positions is displayed in the image above. For example, you can load the script from the “script” folder and click “OK” to immediately close all of these active trades.

Keep in mind that you must enable “auto trading” on your MT4 dashboard before you can activate the script. In other words, make sure the “auto trading” feature is enabled before running the script.

All of the open trade positions have been successfully closed, as seen in the image above. This technique, however, leaves some items on the chart that can be removed by pressing the CTRL+B key.

Conclusion

Simply said, the Close All Script for MT4 is a trading tool that causes all open deals on the chart to close automatically. Furthermore, downloading it is free.