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Scripts

OpenBuyPosition_X - script for MetaTrader 5

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Views:
3842
Rating:
votes: 33
Published:
2013.02.22 07:12
Updated:
2016.11.22 07:32

The OpenBuyPosition_X script is designed to buy at fixed values of Stop Loss and Take Profit in points from the current price.

The main advantage of this script is the ability to fix deals' losses when Stop Loss triggered depending on the size of the whole deposit using LossMM script input parameter which defines equity volume rate lost when Stop Loss triggered to the deposit equity.

Script input parameters:

//+----------------------------------------------+
//| SCRIPT INPUT PARAMETERS                      |
//+----------------------------------------------+
input double  LossMM=0.1;   // Losses from balance when Stop Loss triggered
input uint DEVIATION=10;    // Price deviation
input uint STOPLOSS=300;    // Stop Loss in points from the current price
input uint TAKEPROFIT=800;  // Take Profit in points from the current price
input uint RTOTAL=4;        // The number of retries in unsuccessful deals
input uint SLEEPTIME=1;     // Pause time between retries in seconds

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1541

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