Close positions or delete pending orders in bulk

PC Close positions or delete pending orders in bulk

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On MetaTrader5 (MT5), you can close multiple positions or delete multiple pending orders in bulk. The positions and pending orders for bulk operations can be specified by symbol, order type, and others. Please note that when using bulk operations, you must first enable the one-click trading feature.(*1)

Related article: Enable one-click trading

Here we'll take a look at how to close positions or delete pending orders in bulk in MT5.

(*1)Bulk closing of positions or deleting pending orders is only available in MT5.

Step 1

Click the "Trade" tab of the Toolbox and right-click on an order or on any non-order area. Then hover the pointer over "Bulk Operations" in the context menu.

Step 2

Choose the operation you wish to perform from the list. Different operations are displayed depending on where in the Toolbox you right-clicked.

Right-clicking on a non-order area

When you right-clicked on a non-order area, it shows seven bulk operations that are not symbol-specific.

Bulk closing

Number	Item name	Descriptions
1	Close All Positions	Close all open positions in bulk.
2	Close Profitable Positions	Close all profitable positions in bulk.
3	Close Losing Positions	Close all losing positions in bulk.

Bulk pending order cancelation

Number	Item name	Descriptions
4	Delete All Orders	Delete all pending orders.
5	Delete Limit Orders	Delete all limit orders.
6	Delete Stop Orders	Delete all stop orders.
7	Delete Stop Limit Orders	Delete all stop-limit orders.

Right-clicking on an order

When you right-clicked on an order, it shows the following operations along with the ones displayed when right-clicking on a non-order area.

Bulk closing

Number	Item name	Descriptions
1	Close Buy/Sell Positions	Close all positions in the same direction as the selected one. This is for every symbol.
2	Close (symbol name) Positions	Close all positions for the same symbol as the selected one.
3	Close Buy/Sell (symbol name) Positions	Close all positions for the same symbol in the same direction as the selected one.
4	Close by (symbol name)	Close the hedged portion of the position for the same symbol as the selected position. Only the hedged portion of the selected positions will be closed. The size of the buy and sell positions to be closed are equal. If there is a difference in their size, the reduced portion of the larger position will remain.(*1)

(*1)Only available for hedging accounts supporting "Close by"

"Close by (symbol name)" is only available if your broker is supporting the "Close by" feature, which closes the hedged positions saving the spread. If "Close by" is not allowed, the position will not be closed even if the option is displayed.

On netting accounts

In MT5, there are "hedging account", which allows hedged positions, and "netting account", which does not. Most forex brokers offer hedging accounts.

On the netting account offered by some brokers, "Reverse Buy/Sell (symbol name)" will be displayed instead of "Close by (symbol name)". If you choose this command, the selected position will be closed and a new opposite position with the same lot size will be opened.

Bulk pending order cancelation

Number	Item name	Descriptions
1	Delete (symbol name) Orders	Delete all pending orders for the same symbol as the selected position.
2	Buy／Sell (order type) (symbol name) Orders	Delete all pending orders of the same order type and for the same symbol as the selected position.