saving order types for use again

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Hi

I am very new to this, so please forgive me for asking what may be a simple question! I have been reading tutorials on MT4 and placing orders, I am trying to work out how I can possibly set an order and save it to use again.

For example, a pending BUY STOP LIMIT above market price, with a 20 pip stop and 40 pip Profit Target.

Save this order, and next day when I have to place it again it will load this template and these values again so it is automatically set and I do not have to manually type in these values everyday.

Any ideas how I do this? do I need an EA to achieve this, i have used NINJA TRADER before and they allow you to save any order template easily not sure how I achieve it with MT4?

Thanks

 


  • I believe you can only save the above like default_Symbol, default_Size, default_Slippage.
  • What you're looking for would be better handled with a Script requires some Programming.
  • You can then hot_key the script for trading at a touch of a button.
 

I see, never used scripts. Do you know of one I can download to allow me to input my trade values?

It gets tiresome having to workout the pips for SL and TP from entry all the time and type them in, I know I want them x amount of pips and they stay the same all the time.

Thanks for the help :)

 
nickohorny:

I see, never used scripts. Do you know of one I can download to allow me to input my trade values?

It gets tiresome having to workout the pips for SL and TP from entry all the time and type them in, I know I want them x amount of pips and they stay the same all the time.

Thanks for the help :)

Something like this might work for you.

https://www.mql5.com/en/code.

https://www.mql5.com/en/code/9382.

Here's some instructions about where to place the codes.

https://book.mql4.com/metaeditor/files

Here's some instructions about how to compile.

https://book.mql4.com/metaeditor/compose

https://www.mql5.com/en/articles/1475

 
Thanks!!!, will check them out! :)
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