Close All When Equity MT4
Equity target auto-close utility | All trades | Free | MT4
About Close All When Equity MT4
Close All When Equity MT4 is a free MetaTrader 4 utility that monitors your trading account equity in real time and automatically closes all trades when the account equity reaches a pre-configured target level. This is an important risk management and profit-taking tool for traders who run automated strategies or hold multiple positions overnight — you set the equity level at which all trades should be closed, and the utility handles the execution automatically without requiring you to monitor the screen. It supports both profit-target and equity-stop-loss scenarios.
- Platform: MetaTrader 4
- Type: Free trading utility / risk management
- Function: Closes all trades when equity reaches a set target or floor
- Trigger: Configurable equity level (profit target or loss stop)
- Use case: Automated profit-taking or loss-limiting at account equity level
- Source: mql5.com/en/market/product/91625
Key Features
✓ Free — available directly from the MQL5 Market
✓ Equity-based trigger — monitors overall account equity, not per-trade profit
✓ Closes all trades simultaneously — no partial exit
✓ Ideal for hands-off trading sessions where equity protection is paramount
⚠ Utility only — does not place trades; pairs with your trading EA
⚠ Set the equity target relative to your account balance, not to individual trade profits