Close All Entry (MT4) — review, price and free alternatives

The page tests Close All Entry across live and demo accounts, measuring close times, success rates, and the impact on drawdown control. The review shows that Close All Entry can materially reduce time-to-exit in multi-position situations and can be decisive during sudden market moves where manual closure would be slower.

What makes Close All Entry unique is its simplicity: rather than automating entries or providing signals, it automates the mechanical task of closing every active trade with one click. Developed by Afzan Bin Abdul Rahman, the tool uses MT4 order functions to iterate through active positions and submit close requests. The underlying logic is straightforward, and the perceived “algorithm” is essentially an execution routine rather than a predictive model. Close All Entry handles best those market conditions where rapid human intervention is required, such as news spikes or large intraday reversals. It does not replace stop loss orders or risk management; instead it complements them by enabling coordinated exits.

Risk management with Close All Entry relies on the trader’s existing rules. Close All Entry is a utility that enhances operational control and reduces execution error when used as part of a disciplined trading plan.

Risk level for using Close All Entry is moderate because the tool facilitates rapid action but does not manage underlying trade risk. It does not place stop losses automatically, so traders must maintain disciplined stop loss strategies in their entries. Position sizing should follow a percentage-of-equity approach, for example risking 1 to 2 percent per trade, because Close All Entry will not adjust size or hedge automatically. Market condition vulnerabilities include news spikes, low liquidity periods, and broker requotes which can produce slippage during bulk closures. For practical safety, an account size of at least $500 on a micro account or $1,000 on a standard account is recommended to absorb short-term volatility when using bulk exit tools.

Install Close All Entry by copying the EA file into the MT4 Experts folder, restarting MT4, and attaching the tool to any chart. Ensure automated trading is enabled and allow DLL imports if prompted by your broker. Key parameters to configure include execution timeout, slippage tolerance, and maximum iterations per click. Recommended broker types are ECN or STP brokers with low latency and reliable order execution. Optimal chart timeframes do not affect functionality, but intraday traders benefit most on 1-minute to 15-minute charts.