How to Use the “Multiple Close By” Feature on MT5

What Is “Multiple Close By” in MT5?

The Multiple Close By feature allows traders to close multiple opposite positions (buy and sell orders of the same asset) at once. This helps reduce spread costs and simplifies trade management.

Why Use Multiple Close By?

✅ Reduces trading costs – Instead of paying spreads twice, positions are closed at a single price.
✅ Saves time – No need to manually close each order.
✅ Better risk management – Quickly exit multiple trades in volatile markets.

How to Close Multiple Opposite Positions in MT5

Step 1: Open the Trade Tab

In MT5, open the Terminal (Ctrl + T).
Click on the Trade tab to see your open orders.

Step 2: Select a Position to Close

Right-click on one of the opposite orders (Buy/Sell).
Select Close Position from the menu.

Step 3: Choose “Multiple Close By”

In the Order window, switch to the "Multiple Close By" tab.
This option will appear if you have at least two opposite positions in the same asset.

Step 4: Execute the Close

Click Close to execute all opposite positions in one transaction.
MT5 will automatically match and close them at a single price.

Important Notes

🚨 The feature only works for opposite positions of the same asset and volume.
🚨 If one trade is larger than the other, MT5 will close the smaller one and leave the remaining volume open.

💡 Pro Tip: If “Multiple Close By” isn’t available, ensure you have hedging mode enabled in your account settings.