Buy stop / sell stop with a line
It is this system https://www.mql5.com/en/forum/173317
Besides, this Maksigen indicator is used with this system too:
https://www.mql5.com/en/forum/173261
Download from the attachments from this post: https://www.mql5.com/en/forum/173261/page17
It is exactly as you explained: 2 support/resistance lines with trend line and lines are moved, and last support/resistane lines are buy stop and sell stop level to open pending orders. Basicly for M5 timeframe but may be used for any timeframe. As I remember - there is alert/alarm for this indicator.
cool! thank you very much!! i will try that!
i just had another idea:
if you press a hotkey with a buy stop-script, is it possible that the script uses the crosshair-price-level to place the stop? in that case no line is needed. the script just takes the position of your mouse in the chart to get the price level for buy/sell-stop.
unfortunately i am not a programmer but it would be helpful to know if a script can "read" the crosshair-information.
thanks again!!
2 more threads to search:
https://www.mql5.com/en/forum/general
and
https://www.mql5.com/en/forum/173000
and
https://www.mql5.com/en/forum/177448
Pending orders and hotkeys:
https://www.mql5.com/en/forum/general
As to placing pending orders by mouse using chart - it was some tools too ... could find it now. I remember - I translated some scripts/instructions onto the English language in elite section.
i looked at your links but unfortunately i didn't find a possibility to place orders by using the mouse in the chart. maybe it is only in the elite section... 
but IF it is possible, can you please just tell me how to read the data where the mouse is placed in the chart? thanks !!
I am bad coder sorry.
As I remember - it is some lines placed, by mouse on the chart, and this line as the order (direct order, or pending order) depends on the color of the line. So, you are placing the line by mouse and Metatrader (special script) is doing the rest of the job. Same with modifying the orders (by mouse). And some small panel on the chart informing you about what you did or will do (by mouse), how many orders, types of the orders and so on.
It was on MetaQuotes codebase website and I tested it and translated the discription to the Enlish language.
I am not sure that it works for 5 digit brokers as it was few years ago.
i found exactly what i needed in codebase... made by blackhawk. great scripts!
Hi MArbo
Hello Marbo could please send me the link.
Cheers
Me i have a harder time place a sell/ buy limit than even the sell/buy stop....If anybody has noticed on the meta 4.
Multi buy/sell stop orders
Hi Newdigital,
Hi, sorry for my english but this is my first post... i've been watching the threads for a while now and i have a request that i wish you can help me for...
i'm looking for an ea that would post multi buy/sell stop at once... let me give you an example:
lets say that i prodect that the price would move 300 to 400 pip through the whole month (1D) time frame but in the same time i'm not happy/sure about my information...!!... to maximize my profit and to be in win win setuation, i would place a (take profit point, (price or pips from current market price) and i would place a buy or sell stop in every 25-50 pip all the way to take profit point (in both directions)...
so my parameters would be:
- Lot size:
- Take profit point (pips from the current market price) which i think would work in both ways (buy/sell stop) better
- spread pips between each deal to another in the same direction.
* it would be nice if it would be like on the chart (drag and drop) and the ea would be activated on first price movement.
* another "Close" option to close all trades at once same as the drag and drop) and the ea would be activated on first price movement.
* i would appreciate if it would work in both 4digit and 5digit broker...
I attached an ea that might clear the idea a little...
i know that i'm asking for a lot, but i saw what you can do,....
Thank you
Thamer
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
hi,
is there any better way to place a buy stop or sell stop? i heard about an indicator (or script?) that prints two lines. one line for the buy/sell stop and the other line for the stoploss. these lines should be easily moved like a normal chart-line.
is there something like this existing? or do you all place your orders manually by typing in the numbers?
thanks!