All about Script(s) for MT5 - Pending orders UP and Pending orders DOWN
by
, 12-13-2017 at 11:19 AM (5825 Views)
Interesting scripts were found (for MT5):
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Pending orders UP - script for MetaTrader 5
----------------The "Pending orders UP" script sets a grid of orders above the current price.
Input Parameters
- Gap for pending orders UP from the current price (in pips) - the distance from the current price to place the first pending order.
- Step between orders UP (in pips) - distance between pending orders.
- Type of pending orders UP - the type of the pending order (can be either Buy Stop or Sell Limit).
- UP quantity - the number of orders to be placed.
- Lots - the volume of each order.
- Stop Loss (in pips) - Stop Loss value.
- Take Profit (in pips) - Take Profit value.
Pending orders DOWN - script for MetaTrader 5
The "Pending orders DOWN" script sets a grid of orders below the current price.
Input Parameters
- Gap for pending orders DOWN from the current price (in pips) - the distance from the current price to place the first pending order.
- Step between orders DOWN (in pips) - distance between pending orders.
- Type of pending orders DOWN - the type of the pending order (can be either Buy Limit or Sell Stop).
- DOWN quantity - the number of orders to be placed.
- Lots - the volume of each order.
- Stop Loss (in pips) - Stop Loss value.
- Take Profit (in pips) - Take Profit value.