Closing All Positions at Basket Profit or Loss Thresholds

Summary

The document describes a trading expert that closes all open positions when selected basket-level profit or loss conditions are met. It offers two closing modes: triggering on a percentage change or on a specified monetary amount. The author says the expert was adapted from another source file and that its closing function was changed. A simple display was added to show the calculations used by the tool. The post explains the intended behavior but gives no detailed rules for how basket profit and loss are calculated, no execution safeguards, and no testing or performance results. It is therefore a description of position-management functionality rather than evidence of a trading strategy's effectiveness.

Key ideas

• The expert is designed to close all open positions when basket-level conditions are met.
• Triggers can be based on percentage profit or loss, or on a monetary amount.
• The update changes the closing function and adds a display of calculations.
• The post provides no validation results or detailed calculation methodology.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.