Watch how to download trading robots for free

Find us on Facebook!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:: 7125
Rating:: (37)
Published:: 2012.09.10 16:32
Updated:: 2016.11.22 07:32

openbuyposition.mq5 (15.18 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

OpenBuyPosition script is developed for buying with fixed Stop Loss and Take Profit values in points from the current price. The main advantage of this script is its ability to fix a deal volume, which depends on the entire deposit size, using MM (Money Management) script input parameter. This script determines a ratio between the amount of funds involved in the deal and all the funds of the deposit.

The script input parameters:

//+----------------------------------------------+
//| SCRIPT INPUT PARAMETERS                      |
//+----------------------------------------------+
input double  MM=0.1;       // Money Management
input int  DEVIATION=10;    // Price deviation
input int  STOPLOSS=300;    // Stop Loss in points from the current price
input int  TAKEPROFIT=800;  // Take Profit in points from the current price
input uint RTOTAL=4;        // Number of repeats in case of unsuccessful deals
input uint SLEEPTIME=1;     // Pause duration between repeats in seconds

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/963

DaysOfWeekCheck

The function is used to determine weekends on a server. It will be especially useful to those who use OnTimer() function in their Expert Advisors for events handling.

EAX_Mysql - MySQL library

This library allows an easy interface to MySQL.

OpenSellPosition

The script is developed for selling with fixed Stop Loss and Take Profit values in points from the current price.

The Height of the Period

The indicator calculates the difference between the period maximum and minimum. The period is specified in the indicator parameters.

OpenBuyPosition - script for MetaTrader 5

The script input parameters: