Forex Trading Tool: IBFX Partial Close Expert Advisor

FX TOOLS | admin | December 10, 2009 at 10:00

IBFX-Partial Close Expert Advisor

What is IBFX-Partial Close Expert Advisor?

The IBFX-Partial Close Expert Advisor helps Forex traders manage your Take Profit levels by allowing you to close portions of your trade at different profit levels. This new percentage allocation (or “split close”) option permits you to create up to four profit levels for your Forex trades with a customizable percent of your trade closed as each profit level is reached.

*Please note: fills are not guaranteed, especially during fast-moving market conditions, such orders may not be filled as placed, and substantial losses may still occur.

How Does IBFX-Partial Close Expert Advisor Work?

The IBFX-Partial Close EA allows you to enter up to 4 different profit targets for a single order. So for example, you can enter a trade with 2 Lots, but can close 1 lot at 15 pips, then close 0.5 lots at 20 pips and close the remaining lots at 30 pips. Previously, this scenario would only be possible if you were to manually close each set, but now with this EA you can simply have your Forex trading software platform and tools do all the work. Warning – The EA will manage ALL open trades unless you modify the MagicNumber. Please watch the video for more info.

Partial Close Expert Advisor Download & Installation

Forex Partial Close Expert Advisor Instructional Video

Partial Close Expert Advisor Training
Partial Close EA Training

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