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How to Order a Trading Robot in MQL5 and MQL4
See a sample Requirements Specification to order a robot
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Specification
I need an order-limiting robot for MT4 or MT5. Either one is fine.
I’m following a copy trade, but there’s a problem. The trader opens many orders at once, and I don't want that. I want a robot that limits the number of open orders in my account. So, I want to limit the number of orders that will open in my MT4 or MT5. Instead of opening 10 orders, I only want it to open 1.
I want a robot with these parameters:
Order limit: 1 (1 order each, buy and sell)
Stop Loss: 600
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In the case above, the robot will only be able to open one buy order and one sell order simultaneously.
Add a rule to the robot where it can only open new orders if the new order is opened (created) after the closing time of the previous order.
Example: if the copy trade opens 3 orders at the following times: one at 15:01, one at 15:02, and one at 15:03. In this case, the robot will only open the first order at 15:01.
If the trader closes that order at 15:01 at 15:10:01, this order will also be closed in my account.
Thus, the robot cannot open the second order at 15:02. For the robot to open a new order, the trader needs to open an order after 15:10:01, which was the closing time of the previous open order.
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