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Newbie MT4 Question, Utilities

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Charlie Grech
334
Charlie Grech 2016.08.04 12:32 

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
55377
Sergey Golubev 2016.08.04 12:37  
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
4684
Marco vd Heijden 2016.08.04 13:36  
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
2540
Drazen Penic 2016.08.04 13:56  
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.

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