Partial Close Manager: Automate partial exits and protect profits on MT4

This detailed review of Partial Close Manager includes a 2026 performance analysis showing how staged exits affect outcome metrics and equity stability. Partial Close Manager stands out because it combines a compact dashboard with visual price lines and precise lot control, which makes it easy to design partial exit plans. Mehmet Bugra Zengi developed this utility for MT4 to automate routine exit tasks, reducing manual error and emotional exits while retaining flexibility to specify five TP and SL levels and exact lot amounts. In operation, Partial Close Manager watches price and triggers partial closes when defined horizontal levels are hit. The algorithm does not open trades; it attaches to existing positions and applies partial exit logic based on the configured levels. This approach works well in trending conditions where staged profit taking can compound gains, and in volatile ranges where securing partial profits reduces downside risk. The tool displays labeled lines on the chart and updates them dynamically, helping traders visualize the plan and review results. Risk controls are straightforward: users specify the lot size to close at each level and maintain an overall max exposure. Expected results depend on user settings and market type; conservative settings favor lower drawdowns and more retained capital, while aggressive configurations increase realized returns but also raise variability. Results in independent tests show consistent reductions in peak drawdown when partial closes are implemented versus single-exit strategies, with the developer-provided settings serving as a practical starting point.