This script opens a pending sell order by just point and drop the script in the place you want.
The script will automatically place a “limit sell order” if you point and drop above actual bid.
The script will automatically place a “stop buy order” if you point and drop below actual bid.
Before placing the pending order, a window will be open where you can modify lots, slippage, Stop Loss and Take Profit values.
IMPORTANT: You just need to specify Slippage, SL or TP in pips value and the script will automatically change the values if you are using 5 decimals prices multiplying by 10 the input values.
MT4 Forex Script Characteristics
Platform: Metatrader 4
Time frames: any.
How to install Screenshot Script in MetaTrader 4 / MT4:
Copy and paste the DROP_PENDING_SELL.mql4 into the MQL4 Scripts folder of the Metatrader 4 trading platform.
Restart your MetaTrader 4 application (assuming it’s currently open) … or Launch your MetaTrader 4 application
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Script (paste here)
On the left hand side, look for the “Navigator” window and under the “Common” tab, look into the “Scripts” section
Locate the indicator which you have just downloaded into the folder stated in Step 1
Drag (Click and drag) the Script onto the chart (when you want the task to be performed)
your task should now be executed…