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Modify SL and/or TP - script for MetaTrader 5

Mario Gharib

Views:
2929
Rating:
votes: 9
Published:
2020.07.03 22:56
Updated:
2020.07.18 21:59

I used to suffer from unnecessary losses and/or cutting my profit short since I wasn't fast enough to modify my SL and/or TP. That is why I've wrote these scripts that will allow me to react fast when I must modify my Sl and/or TP especially when I have many open and/or pending trades. I know there are plenty of Metatraders who also suffer from this and that is why I would like to share these scripts with you, hopefully it will be beneficial.

Do not forget to send you comments as well as rate these scripts. Happy trading!

P.S. This script is for free, and I would like to kindly ask you in return to follow me on MY INSTAGRAM since it has plenty of useful information 


These 3 MQL5 scripts will help you to immediately react to your open positions and pending orders. Below is an example on how to modify the SL of 4 Buy limit orders in one step.


  • SCT_EditSLTP_BuySellLimitOrders is the script that will help you modify the SL and/or TP all your Buy and/or Sell limit orders, below are the input values that you need to insert and the script will take care of everything.

    • input double   SL_BuyLimitOrder;
    • input double   TP_BuyLimitOrder;
    • input double   SL_SellLimitOrder;
    • input double   TP_SellLimitOrder;
  • SCT_EditSLTP_BuySellStopOrders is the script that will help you modify the SL and/or TP all your Buy and/or Sell stop orders, below are the input values that you need to insert and the script will take care of everything.

    • input double   SL_BuyStopOrder;
    • input double   TP_BuyStopOrder;
    • input double   SL_SellStopOrder;
    • input double   TP_SellStopOrder;
  • SCT_EditSLTP_BuySellPositions is the script that will help you modify the SL and/or TP all your Buy and/or Sell positions, below are the input values that you need to insert and the script will take care of everything.

    • input double   SL_BuyPosition;
    • input double   TP_BuyPosition;
    • input double   SL_SellPosition;
    • input double   TP_SellPosition;


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