Forex Money Management script for MetaTrader 4

This script is intended to make life easier and virtually painless in executing trades. It gets sometimes annoying for me to keep clicking for a LIMIT or STOP pending trade so my script will automatically set it at the appropriate setting. For instant trades, put in just a SL and don’t worry about the entry. In addition, if you want to recompile some values like percentage of account balance for automatic use then be my guest. It will give you a notice if you lack too much funds to enter a trade and top out a trade. If I become successful later then I may modify this script to execute multiple trades to appease the maximum lots.

I invite everyone to do whatever they want with this script. It is going to make my life a lot easier and make my day trading session go by a lot quicker. I am just sharing this because in a way I’m giving back and desiring to put myself on the map of this community. I also programmed an EA which dramatically sucks but it’s how I gained some experience with coding MQL; therefore, I’m going manual with the awesome indicators and knowledge I’ve picked up. It’s only taking me roughly no more than an hour a day to conduct my day or position trades, and I have had great results. I might offer to manage accounts once I make a comfortable earning with Forex, but I’m not counting on it right now.

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Forex Money Management script for MetaTrader 4

MT4 Forex Script Characteristics

Platform: Metatrader 4

Type: Script

Time frames: any.

How to install Screenshot Script in MetaTrader 4 / MT4:

Copy and paste the MMScript.mql4 files 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…

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