Limit orders Pro script for MetaTrader 4

This script provides quick work with a large number of pending orders in the market and contains functions for placing, changing, and deleting of orders within the your price range.

The capability

The script abilities:

  • It is able to place a group of pending orders of a required type within from an initial price to a final price with a certain step of points, distributing them evenly over the range, so you don’t need to monitor where your orders will be above or below than the current price.
  • It is able to modify Take Profit and/or Stop Loss for all pending orders at once.
  • It can at one time delete all not triggered orders, as well as provides the option to close or not to close already triggered orders.

Settings

  • Type of transaction – The type of a required action.
    • Buy – To place orders of Buy.
    • Sell – To place orders of Sell.
    • Modify – To modify Take Profit and Stop Loss.
    • Delete – To close pending orders.
  • Lot – The lot size for opening pending orders.
  • Price from – The starting price within your price range.
  • Price up to – The final price within your price range.
  • TakeProfit – Take Profit (in points) for orders.
  • StopLoss – Stop Loss (in points) for orders.
  • Step – The step (in points), a distance between orders.
  • Delete active orders – To delete or not to delete activated orders. If it equals “true” then when pending orders are deleted activated orders will be deleted too. If it equals “false” then activated orders are saved.
  • Magic Number – Magic number for positions.
  • Slippage – The slippage for opening and closing positions.

If you need additional functionality, please contact me.

Free Download

Limit orders Pro 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 Limits Pro.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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