Expiration Pending Orders

[amando]

Hello,

 

does anyone know how does the experation function fo pending orders Works in MQL5?

 

i found there is an Void

https://www.mql5.com/en/docs/standardlibrary/expertclasses/expertbaseclasses/cexpertsignal/cexpertsignalexpiration 

 

but also you have the constant from the order Send Function

ENUM_ORDER_TYPE_TIME

Identifier	Description
ORDER_TIME_GTC	Good till cancel order
ORDER_TIME_DAY	Good till current trade day order
ORDER_TIME_SPECIFIED	Good till expired order
ORDER_TIME_SPECIFIED_DAY	The order will be effective till 23:59:59 of the specified day. If this time is outside a trading session, the order expires in the nearest trading time.

when i look back to MT4 this was easy, for 10 Minutes Experation I entered TimeCurrent() + 10*60 and thats all

how it works here?

 

amando 

[amando]

does anyone can explain?

 

amando 

[Alain Verleyen]

amando:

does anyone can explain?

 

amando 

Explain what ? It's pretty clear and self-explanatory.

If you want to specify an expiry like with MT4, you have to use ORDER_TIME_SPECIFIED and set your expiry time.

[amando]

Alain Verleyen:

Explain what ? It's pretty clear and self-explanatory.

If you want to specify an expiry like with MT4, you have to use ORDER_TIME_SPECIFIED and set your expiry time.

how you mean this Alain?

does this mean i have to use 

 

 newOrder.expiration = TimeCurrent() +10*60; for 10 minutes expiration 

instead of  

  newOrder.expiration   = ORDER_TIME_SPECIFIED;

?

 

amando 

[Nino Guevara Ruwano]

amando #:

does anyone can explain?

 

amando 

In case you need a sample. This is a Buy Stop with expired time:

#include <Trade\Trade.mqh>
CTrade myTrade;

datetime expTime=TimeCurrent()+600;

if(myTrade.BuyStop(Lots,SymbolInfoDouble(_Symbol,SYMBOL_ASK)+(100*_Point),NULL,0,0,ORDER_TIME_SPECIFIED,expTime,"Buy Stop")) Print("Order created");

[William Roeder]

amando: does anyone know how does the experation function fo pending orders Works in MQL5?

1. answered at #4.

2. There is no need to create pending orders in code.

   1. The pending has the slight advantage, A) you are closer to the top of the queue (filled quicker), B) there's no round trip network delay (filled quicker.)

      Don't worry about it unless you're scalping M1 or trading news.

   2. Humans can't watch the screen 24/7, so they use pending orders; EAs can, so no need for pending orders, have it wait until the market reaches the trigger price and just open an order.