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Partially close a position

You can close parts of your positions in a partial close order. In MetaTrader5 (MT5), you can close your positions across multiple orders to secure profits or cut losses.

Here, we'll take a look at how to partially close a position at market price, which can be performed from the Toolbox or chart.

Step 1

Partially close a position from the Toolbox

Click the "Trade" tab of the Toolbox and double-click on the position you wish to close.

Partially close a position from the Toolbox Partially close a position from the Toolbox

Or, right-click on the position you wish to close and select "Modify or Delete".

Select Modify or Delete Select Modify or Delete

Partially close a position on the chart

Double-click on the dotted line on the chart which indicates a position.

Related article: How to show position on chart

Partially close a position on the chart Partially close a position on the chart

Or, right-click on the dotted line on the chart which indicates a position and select "Modify".

Right-click on the dotted line on the chart which indicates a position and select Modify Right-click on the dotted line on the chart which indicates a position and select Modify

Step 2

In the position window, click the "Type" field and select "Market Execution".

Step 2 Step 2

Step 3

In the "Volume" field, set the volume to close in lots. Type the volume or use the ▼▲ marks on the right side.

In the Volume field, set the volume to close in lots In the Volume field, set the volume to close in lots

Step 4

Click "Close".

Click Close Click Close

Once the order is executed, the partial position closed can be viewed in the "History" tab of the Toolbox.

Can be viewed in the History tab of the Toolbox Can be viewed in the History tab of the Toolbox

The rest of the position will be shown in the "Trade" tab.

The rest of the position will be shown in the Trade tab The rest of the position will be shown in the Trade tab

Date

Created

 : 2022.08.24

Update

Last updated

 : 2022.08.24

Writer

Takayoshi Nakamaru

Manual production consultant, MBA

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Takayoshi Nakamaru

Nakamaru is a manual production consultant at FINTECS, a company that specializes in creating manuals for their clients.
With a wide range of experience from fintech to entertainment, he presents what user-friendly manuals should be like.
He works with numerous large corporations as an external manual production project manager.

【Business information】
http://www.fintecs.co.jp/profile/

Supervisor

Akira Takagi

Systems engineer, MetaTrader administrator

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Akira Takagi

After graduating from Computer Science at the Uninove, Brazil, in 2014, he has worked on various systems development projects.
He participated as a developer in the launch of forex services in 2019. Since then, he has also been involved in the development of MetaTrader plugins and APIs. He is certified by MetaQuotes as a MetaTrader5 Administrator and active in consulting and advisory as well.

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