Closing All Positions When Equity Exceeds Balance by a Set Percentage

Summary

This brief describes an expert advisor that monitors account equity relative to balance and closes all open positions once equity reaches a configured percentage above balance. Its stated scope covers positions across symbols and magic numbers, so the trigger acts account-wide rather than targeting a particular instrument or strategy. The only input parameter controls the equity percentage threshold.

The idea is an automated way to realize gains when aggregate floating profit reaches a chosen level. The document provides no details about how often the condition is checked, how orders are closed, what happens if execution fails, or whether the threshold is based on equity as a ratio or a precise percentage increment. It offers no performance results or risk analysis. Since it closes every position under its stated scope, the behavior may affect unrelated strategies sharing the same account; the note does not describe safeguards or position selection.

Key ideas

• The advisor monitors equity against account balance.
• A configured percentage threshold triggers closure of all open positions.
• The stated closure scope includes every symbol and magic number.
• The description provides no execution details or performance evidence.

Tags

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