Download MetaTrader 5

Newbie MT4 Question, Utilities

To add comments, please log in or register
Charlie Grech
378
Charlie Grech  

Hi Guys,


does anyone know of a utility that has the ability to lodge multiple trade volumes of the same kind at once?


Example, I wish to trade 15 lots of .01 on EUR USD instead of 1 lot of .15


So instead of me having to manually go and do 15 trades, is there a tool where I can put them all at once, that way they are all traded at exactly the same price.


Many thanks

Sergey Golubev
Moderator
98362
Sergey Golubev  
You can look at CodeBase for some scripts, if not so - go to Freelance ...
But try to find on CodeBase first because I saw some scripts there which maty be similar with your idea for example.
Marco vd Heijden
Moderator
5547
Marco vd Heijden  
cardie.03:

Hi Guys,


does anyone know of a utility that has the ability to lodge multiple trade volumes of the same kind at once?


Example, I wish to trade 15 lots of .01 on EUR USD instead of 1 lot of .15


So instead of me having to manually go and do 15 trades, is there a tool where I can put them all at once, that way they are all traded at exactly the same price.


Many thanks

Yes write a EA that opens one .01 in a 15x loop.
Drazen Penic
2702
Drazen Penic  
cardie.03:


Example, I wish to trade 15 lots of .01 on EUR USD instead of 1 lot of .15


So instead of me having to manually go and do 15 trades, is there a tool where I can put them all at once, that way they are all traded at exactly the same price.



 

You won't get all trades at the "exactly same price". 

If you open market orders in a loop then you will at best get 3 orders opened per second (if you have your server in the same room as the broker's server), so for 15 orders you need at least 5 seconds. In that period market will move and your orders will be executed at different prices.

With the pending orders, you have a bit more chance to get all trades at (almost) the same price, but this also heavily depends on broker's server and market speed.

To add comments, please log in or register