AH ScriptBuyLimit

I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency.


How-To:

Creates a buy limit order at chosen MA price using the desired dollar amount instead of lots.

To use, just drop it onto a chart and set inputs as needed.

The script will then do the necessary lot calculation and create a buy limit order.


Inputs:
  • FIXED_DEAL_AMOUNT: Fixed amount to use for the trade e.g 100 to open a R100 deal
  • MA_PRICE: MA to use for target price
  • PRICE_BUFFER: Buffer to add to MA price, based on chosen ATR level

One can also set a global variable '_Symbol+_MAX_SPREAD' to set max spread limit for each traded instrument.

e.g For EURUSD the global variable would be: EURUSD_MAX_SPREAD

e.g For Nasdaq 100 the global variable would be: Nasdaq 100_MAX_SPREAD 


Code and License:

The source code for this script is released under GPL v3 and is available at https://github.com/wait4signal/autumn-harvest/blob/main/ScriptBuyLimit.mq5








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EA AUDITOR — EA and Signal Verification Tool for MetaTrader 5 EA Auditor is an independent analysis tool for traders evaluating Expert Advisors and trading signals on MetaTrader 5. It audits backtest reports, reviews posted developer signals, and cross-verifies the two against each other to help traders assess strategies before committing capital. The MQL5 market offers a wide range of Expert Advisors from many developers, with varying approaches, quality, and transparency. EA Auditor provides a
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