EA-67011 · Utility

OneClickCloseAll

A one-click utility Expert Advisor that closes all open positions and/or deletes all pending orders on the current account with a single button press on the chart. It provides a simple graphical button interface for traders to quickly liquidate all exposure in emergency or routine situations.

Open the interactive view (equity curve, symbol switch)

Key facts

CategoryUtility
RiskSafe
Rating★★☆☆☆
TypeUtility tool
TimeframesM1, M5, M15, M30, H1, H4, D1, W1, MN
IndicatorsNone
AuthorHezekiah Oyetunde

Backtest results (H1, about 1 year)

Not backtested yet — this EA could not be converted automatically.

Strategy analysis

This EA is not a trading strategy but an account management utility. Its core function is to close all open positions and/or cancel all pending orders via a single button click on the chart. Entry conditions are not applicable since it does not open any trades. For exit conditions, it iterates through all open positions in the account and closes them one by one, with an optional feature to delete all pending orders. Position sizing and money management are not relevant as the EA does not calculate or manage any positions — it only handles batch closing operations. In terms of risk control, the utility itself has no risk management logic, but it serves as a risk management aid by allowing traders to quickly liquidate all exposure during extreme market volatility. Overall, it is a simple and practical account liquidation tool suitable for scenarios requiring rapid full-position closure.

Strengths

  • One-click operation allows rapid position closure in emergencies, preventing larger losses
  • Simple and intuitive interface with low learning curve, suitable for all types of traders
  • Supports both closing open positions and deleting pending orders, providing comprehensive coverage
  • Serves as a risk management aid offering quick response capability during black swan market events

Weaknesses

  • Lacks a confirmation dialog, so accidental clicks may cause unintended full liquidation
  • No selective closing feature — cannot filter positions by symbol or direction
  • No retry mechanism or error handling feedback for failed close operations
  • Missing progress display and operation logging for the closing process

Possible improvements

  • Add a confirmation dialog to prevent accidental execution, and implement selective closing by symbol/direction/profit-loss filtering
  • Add retry mechanism for failed close operations, slippage protection, and detailed operation logging

Risk assessment

Overall risk: Safe

  • Accidental clicks may cause unintended full position liquidation due to lack of confirmation mechanism
  • Batch closing during low liquidity conditions may result in significant slippage

Evaluation scores

Code quality3.0
Strategy logic2.0
Risk management2.0
Robustness2.0
Innovation1.0
Documentation1.0
Overall1.8

Parameters

ParameterDefaultDescription
CloseAllPositionstrueClose all open positions
DeletePendingOrderstrueDelete all pending orders
ButtonX10Button X coordinate position
ButtonY10Button Y coordinate position
ButtonWidth120Button width
ButtonHeight30Button height

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Backtests are historical simulations and do not guarantee future results. Not financial advice.

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