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Order Management Script Tool

5

============ FREE =============


Objective: To properly manage risks and quickly execute trades
  • Works on all timeframes and currency pairs
  • Quickly place a trade
  • Prevents bad entries when executing a trade by limiting max spread
  • Set your entry and stop loss at better price 
  • Set fixed risk amount/percentage per trade
  • Automatically calculate position/lot size based on risk amount/percentage
  • Set proper stop loss level by setting min and max pips

Other Tools:

https://www.mql5.com/en/market/product/60305  - Horizontal Line Alert MT4

https://www.mql5.com/en/market/product/69848  - Horizontal Line Alert EA (Push alert to telegram channel/group)

https://www.mql5.com/en/market/product/60302  - Moving Average Alert MT4

https://www.mql5.com/en/market/product/69850  -  Moving Average Alert EA (Push alert to telegram channel/group)

https://www.mql5.com/en/market/product/69217  - Trading Manager EA MT4

https://www.mql5.com/en/market/product/69216  - Hedging Strategy EA MT4

https://www.mql5.com/en/market/product/74215  - Advanced Moving Average Alert MT4

https://www.mql5.com/en/market/product/77073  - Fibonacci Entries

https://www.mql5.com/en/market/product/77072  - ADR Pips Meter



Comentarios 1
Moonbreaker
29
Moonbreaker 2023.01.20 14:21 
 

A very handy order management script if you use the BTMM (beat the market maker) methodology.

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Moonbreaker
29
Moonbreaker 2023.01.20 14:21 
 

A very handy order management script if you use the BTMM (beat the market maker) methodology.

Respuesta al comentario
Versión 3.8 2022.02.02
Changed:
- Max Spread applied only at Market order.
Versión 3.7 2022.01.27
Fixed:
- Max Spread input value
Versión 3.6 2022.01.27
Changed:
- Set value on fixed stop loss
Versión 3.4 2022.01.10
Changed:
- Automate trade direction entry base on last X candle
Versión 3.2 2021.12.14
Changed:
- changed assignment of expert id to support hedging.
Versión 3.1 2021.12.11
Added:
- Support on other products (Indices, Metals, Commodities, Cryptocurrencies, Instruments)
Versión 3.0 2021.12.10
Fixed:
- Lot Size calculation based on money risk.
Versión 2.9 2021.12.10
Fixed:
- lot size calculation on other symbols
Versión 2.8 2021.12.10
Changed:
- Adjust average spread on each symbols (Check if Average Spread exceed before executing orders)
Versión 2.7 2021.12.09
Changed:
- changed user inputs UI
Versión 2.6 2021.12.09
Fixed:
- Fixed lot size calculation on XAUUSD(Gold) and other instruments with 100 units standard-size lot.
Versión 2.5 2021.12.08
Added:
- Auto generate magic number upon order to be use in EA
- Auto calculate fixed stop loss base on ADR
- Auto calculate spread based on symbol
Versión 2.4 2021.07.28
- Updated demo video link
Versión 2.3 2021.07.26
Change:
- Adjustment on UI inputs
Versión 2.2 2021.07.26
Changed:
- Changed in user inputs
Versión 2.1 2021.07.25
Changed:
- Magic number is optional
- Set pending order expiration time
Versión 2.0 2021.07.13
Changed:
- Minor format changes on output messages.
Versión 1.9 2021.07.12
Fixed:
- Entry at moving average
Versión 1.8 2021.06.21
Version 1.8

- Added fixed stop loss, risk percentage and entry price selection
Versión 1.6 2021.05.25
Version 1.6

- Select which previous candles for entry/stop loss reference(default is last candle)
Versión 1.5 2021.05.20
Version 1.5
- Modified entry prices
- fixed some entry errors
Versión 1.4 2021.05.13
Version 1.4
- additional entry price and take profit option
Versión 1.3 2021.02.16
Fixed:

-Adjust take profit calculation based on Risk Reward ratio
Versión 1.2 2021.01.10
Fixed:
- trigger alerts when order returns error
Versión 1.1 2021.01.08
Minor changed:
- Risk money should have value