How to check open profit?

Is there a way check the total open account profit?

For example, if I have 4, 5 or 10 open trades, over different currencies, AUDUSD, USDJPY etc …, some in profit, some in loss, I want to close all trades if my open profit is at some level.

I was using Open P/L (in pips), with magic number set to 0, but it only seemed to read the profit for the one currency.

Any thoughts?

Thanks.

Hi,

it is possible only using custom function. Open the file {EA Wizard installation}/code/CustomFunctions.mq4

and add the following function there:

double sqGetTotalOpenPLInPips() {
  double pl = 0;

  for (int cc = OrdersTotal() – 1; cc >= 0; cc–) {
    if (!OrderSelect(cc, SELECT_BY_POS) ) continue;
    if(OrderType() != OP_BUY && OrderType() != OP_SELL) continue;

    if(OrderType() == OP_BUY) {
      pl += Bid – OrderOpenPrice();
    } else {
      pl += OrderOpenPrice() – Ask;
    }
  }

  return(pl*gPointPow);
}

this will add new function to the program that will be attached to every EA generated by EA Wizard.

Then you can call this new function in Functions -> Custom Function or Then actions -> Other -> Custom Action.

You’ll call it normally like GetTotalOpenPLInPips()

Your condition could be for example:

IF Custom Function: GetTotalOpenPLInPips() > 1000

THEN

…do something