Open a position for EA MT5

Hello everyone,
this is another utility that I wrote specifically for users using my profile with a large number of experts and sets (https://www.mql5.com/en/blogs/post/750723) .
This utility is useful for working with a profile using grid strategies (averaging and martingale). As we know, such strategies periodically fall into a large drawdown and you need to be careful when opening averaging positions (do not open too many). In my profile, I use a limit of 3 positions for each EA, if this was not enough to exit the drawdown, then the positions are against a strong trend and you need to choose a key level (the most likely for a rebound or trend reversal) to open the next position.
Consider the situation, some EA has opened 3 positions against the trend, then you do not want EA to continue averaging on its own, but you want to choose the price value at which to open the next position. To do this, you need: 
  1. Attach the utility "Open a position for EA" to the chart of the symbol for which the drawdown.
  2. In the "Magic_positions" parameter, register the magic number of EA whose positions are in drawdown. This is necessary so that EA takes into account the open position of the "Open a position for EA" utility, this will allow EA to control all open positions and close them at the appropriate moment.
  3. Specify the desired trading lot size for the new position in the "Lots" parameter.
  4. Set the desired price to open the next position in the "Price_for_pending_order" parameter field. The type of orders will suit "ORDERS_LIMIT" (selected in the "Type_Orders" parameter), but in some situation "ORDERS_STOP" may be useful to you, or you can just instantly open a position at the current price (without taking into account the "Price_for_pending_order" parameter) - MARKET_BUY or MARKET_SELL.
That's all,  I'll describe a few more additional parameters that may come in handy.
  • "Comment_position" - comment for a new position/order, can be any (does not affect anything).
  • "Allow_only_in_direction_open_positions" - if "true", it will allow you to open a position/order only in the direction of open positions (i.e. BUY or SELL). It's like insurance, so as not to accidentally open a trade in another direction.
  • "Delete_order_if_position_opened" - if "true", the pending order will be deleted if a position with the specified magic number somehow opens (for example, EA will open a position according to its logic, or another pending order with this magic number  will be trigger).
  • "Remove_utility_after_execution" - if "true", the utility will be removed from the chart after performing its function.   

Discuss the complexities of Forex trading here: chat "Age of Expert Advisors".


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Seconds Chart is a unique tool for creating second-based charts in MetaTrader 5 . With Seconds Chart , you can construct charts with timeframes set in seconds, providing unparalleled flexibility and precision in analysis that is unavailable with standard minute or hourly charts. For example, the S15 timeframe indicates a chart with candles lasting 15 seconds. You can use any indicators and Expert Advisors that support custom symbols. Working with them is just as convenient as on standard charts.
Multi Account Local Trade Copier is a fast local trade copier for MetaTrader: copy trades between MT4/MT5 terminals running on the same Windows PC or VPS, from one master account to multiple receiver accounts — your own real, demo and prop firm accounts, at the same broker or at different ones. It is event-driven : the master publishes every trade the instant it happens, and the receiver measures and logs the real copy latency of every single trade — typically 50-150 ms . No DLLs, no internet br
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Konstantin Kulikov
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Konstantin Kulikov
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Konstantin Kulikov
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Key Levels Market — Smart Supply & Demand Zone Finder Key Levels Market   is a robust technical indicator for MetaTrader 4, designed to automatically identify and plot key market interest zones. It pinpoints areas where the balance of power shifts between Bulls and Bears, saving you hours of manual chart analysis. After purchasing, please make sure to contact me via MQL5 private messages to receive the comprehensive manual and your bonus gift. Core Features: Automatic Zone Detection:   Instantly
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Konstantin Kulikov
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The utility places virtual (hidden from your broker) trailing stop, breakeven, stop loss and take profit.‌ It is necessary to allow automated trading in the terminal settings. In testing mode, the utility opens Buy or Sell positions on the first ticks, which allows you to visually observe the given logic, changing the utility parameters. In real mode, the utility does not open positions. Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Parameters magic   - magic n
The utility places trailing stop, breakeven, stop loss and take profit.‌ It is necessary to allow automated trading in the terminal settings. In testing mode, the utility opens Buy or Sell positions on the first ticks, which allows you to visually observe the given logic, changing the utility parameters. In real mode, the utility does not open positions. Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Parameters magic   - magic number. If less than 0, positions w
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Konstantin Kulikov
4.2 (5)
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Konstantin Kulikov
4.55 (11)
Present to you the useful robot that I have been using for several years. It can be used in both semi-automatic mode and fully automatic mode. >>> Chat <<< The program contains flexible settings for trading on the news of the economic calendar. It cannot be checked in the strategy tester. Only real work. In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools > Options > Expert Advisors. Check the option "Allow WebRequests for listed URL:". Add this (de
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