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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4.91 (11)
EASY Insight AIO – La soluzione all-in-one per un trading intelligente e senza sforzo Panoramica Immagina di poter analizzare l’intero mercato — Forex, Oro, Cripto, Indici e persino Azioni — in pochi secondi, senza dover controllare manualmente i grafici, installare indicatori o affrontare configurazioni complicate. EASY Insight AIO è il tuo strumento definitivo di esportazione per il trading alimentato dall’IA, pronto all’uso. Offre una panoramica completa del mercato in un unico file CSV pul
Seconds Chart MT5
Boris Sedov
4.59 (17)
Seconds Chart — uno strumento unico per creare grafici in secondi su MetaTrader 5 . Con Seconds Chart , puoi generare grafici con timeframe definiti in secondi, ottenendo una flessibilità e una precisione d'analisi ideali, non disponibili nei grafici standard in minuti o ore. Ad esempio, il timeframe S15 indica un grafico con candele di 15 secondi. Puoi utilizzare qualsiasi indicatore e Expert Advisor con supporto per simboli personalizzati. Lavorare con loro è comodo quanto operare sui grafici
Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types  - Set and forget trading with price action automation (OCO,
Trade Manager DashPlus
Henry Lyubomir Wallace
5 (12)
DashPlus è uno strumento avanzato di gestione delle operazioni progettato per migliorare l'efficienza e l'efficacia del trading sulla piattaforma MetaTrader 5. Offre una suite completa di funzionalità, tra cui calcolo del rischio, gestione degli ordini, sistemi di griglia avanzati, strumenti basati su grafici e analisi delle prestazioni. Caratteristiche Principali 1. Griglia di Recupero Implementa un sistema di griglia flessibile e di media per gestire le operazioni in condizioni di mercato avve
Strumento di trading Binance per MT5 1. Questo prodotto include grafici in tempo reale da websocket, grafici storici e aggiornamenti automatici al riavvio del terminale MT5 per un funzionamento fluido senza alcun intervento manuale, consentendoti di fare trading su Binance senza intoppi. Trading, grafici in tempo reale e dati storici disponibili per Spot e Futures Funzionalità del grafico: 1. Grafico OHLC in tempo reale tramite Websocket (WSS) 2. Cronologia degli aggiornamenti tramite API 3.
Telegram To MT5 Receiver
Levi Dane Benjamin
4.53 (15)
Copia i segnali da qualsiasi canale di cui sei membro (compresi quelli privati e ristretti) direttamente sul tuo MT5.  Questo strumento è stato progettato con l'utente in mente offrendo molte funzionalità necessarie per gestire e monitorare gli scambi. Questo prodotto è presentato in un'interfaccia grafica facile da usare e visivamente accattivante. Personalizza le tue impostazioni e inizia ad utilizzare il prodotto in pochi minuti! Guida per l'utente + Demo  | Versione MT4 | Versione Discord
Farmed Hedge Yield Farming - Professional Pair Trading Dashboard (Manual-Hybrid-Fully Automated EA) LAUNCH PROMOTION - 40% OFF! Regular Price: $599 Launch Price: $359 (Limited Time!) ( ภาษาไทย - ระบบเทรดฟาร์มเห็ด by FX2TRADE  มี Support คนไทย / สามารถพูดคุย ติดต่อ ภาษาไทยได้ ) VERIFIED TRADING RESULTS Farmed Hedge Yield Axi Copy: https://www.mql5.com/en/signals/2356376 Farmed Hedge Yield Exn Copy:  https://www.mql5.com/en/signals/2356404  New Update for Version 2.6+ D
HINN Lazy Trader
ALGOFLOW OÜ
5 (2)
Lazy Trader is your personal risk management assistant that independently finds the best market entries, manages positions, and helps you extract maximum profit from every trading idea! It monitors charts from M1 to W1 , finds optimal entry points based on your parameters, and manages trades without your involvement: - Got an idea on the daily chart? No need to wait for lower timeframes to form a signal — Lazy Trader will check everything and open all necessary positions while you live your lif
DrawDown Limiter
Haidar, Lionel Haj Ali
5 (20)
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
Altri dall’autore
Trust EA
Konstantin Kulikov
3 (2)
Trust EA is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with a small StopLoss size are capable of working stably for a long time only in the "Scalping" mode. The best time for scalpin
Buy by Trend MT4
Konstantin Kulikov
Sometimes the markets are in such a trending phase that it is impossible not to notice and it is enough to simply buy with the trend. 1) So, we scroll through the charts of different instruments, and see a good entry point, so let's specify the desired price for the first order in the Price_for_First_Order parameter and the direction in the Trend_Direction parameter, this is already enough for a good deal. (If Price_for_First_Order=0, the position will open immediately at the market price.) 2) T
Good Monday
Konstantin Kulikov
5 (8)
The expert trades at the opening of the market after the weekend, focusing on the price gap (GAP). Various sets of settings are ready (trading against or towards the GAP). At the same time, various options are available in the expert settings, allowing you to create your own unique sets yourself.    >>> Chat <<< Currency pairs for which the sets have been developed: GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY, NZDJPY, NZDCHF, EURUSD, G
GridMartin Conqueror MT5
Konstantin Kulikov
4 (6)
An automated trading system with smart entry/exit algorithms that uses grid and martingale techniques to maximize profits. You can search for current signals on this page, or write me a personal message: https://www.mql5.com/en/signals/author/test-standart The default settings ( M1 timeframe ) are suitable for currency pairs, especially for pairs with GBP. All new sets appear here:  https://www.mql5.com/en/blogs/post/747929 A description of the Expert's parameters can be found in the comment th
GoldenScalp MT5
Konstantin Kulikov
4.2 (5)
Hello algo traders.  The Expert Advisor trades on gold (XAUUSD), any timeframe (the same on any TF), the initial account balance is from $100. The following presets are available "GS SL dynamic 001for100" . Each position has several closing logics, including a hidden StopLoss, which is calculated individually for each position, based on the volatility of the last hours. (If you have special stop requirements, then you can set your SL and TP in points via the parameters: "TakeProfit_Safety" and
Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets"   https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open   one   additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following fu
Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets" https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open one additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following function
Total Trailing MT4
Konstantin Kulikov
This utility trails not each position separately, but the entire profit on the account (by money or by percentage). Activate_Trailing - activation of trailing by money or by percentage of profit.  Start_Trailing - the required profit value to start the trailing.  Size_Trailing - the size of the trailing stop. Min_Value_for_Close - the minimum profit value after the start of trailing to close positions (in case of a large negative gap to stay in the game).  Select_trades - selecting positions t
Total Trailing
Konstantin Kulikov
This utility trails not each position separately, but the entire profit on the account (by money or by percentage). Activate_Trailing - activation of trailing by money or by percentage of profit.  Start_Trailing - the required profit value to start the trailing.  Size_Trailing - the size of the trailing stop. Min_Value_for_Close - the minimum profit value after the start of trailing to close positions (in case of a large negative gap to stay in the game).  Select_trades - selecting positions t
Spread Record
Konstantin Kulikov
This utility allows to record the spread value to the file, which is equal to or greater than the value specified in the settings, at the specified time. The utility also displays useful information on the symbol's chart: current spread value in points, name of account holder, name of trading server, leverage, the size of the swap for buy orders, the size of the swap for sell orders, day of the week for accruing triple swap, the size of a point in the quote currency, the minimum allowed level of
FrankoScalp
Konstantin Kulikov
3.79 (116)
Congratulazioni! Hai raggiunto la pagina dell’Expert Advisor più longevo del mercato Forex! Già da più di 5 anni questo Expert Advisor è sulla bocca di tutti e in vari top. Su qualsiasi forum Forex si può trovare discussioni sull’EA "FrankoScalp", ma solo su mql5 si può acquistare la versione originale aggiornata dell’EA, così come entrare in contatto con l’autore ed entrare in una comunità amichevole di utenti dell’EA "FrankoScalp". >>> Chat <<< Dettagli dell’acquisto Quando compri EA, lo ott
Virtual Trailing SL TP
Konstantin Kulikov
5 (3)
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
Breakthrough Strategy
Konstantin Kulikov
4.46 (35)
Questo sistema è stato sviluppato per funzionare con un gran numero di set e dopo un certo tempo si è mostrato bene lavorando alla chiusura delle contrattazioni del venerdì. Di conseguenza, questa direzione del trading è diventata la principale per lavorare con questo Expert Advisor. Tuttavia, puoi creare le tue impostazioni di trading e scegliere qualsiasi giorno della settimana per il trading. La raccolta di set di impostazioni può essere ampliata. Coppie di valute per le quali sono progettat
Modify Order SL TP
Konstantin Kulikov
The utility places stop loss and take profit for opened orders. It is necessary to allow automated trading in the terminal settings. Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Parameters magic - magic number. If less than 0, orders with any magic number are processed. Select_Symbol  - selection of symbols. Positions with selected symbols will be accompanied by. Take_Profit - take profit (TP). If the value is less than 0, then TP does not change. If the value
GridMartin Conqueror
Konstantin Kulikov
4.69 (13)
An automated trading system with smart entry/exit algorithms that uses grid and martingale techniques to maximize profits. You can search for current signals on this page, or write me a personal message:  https://www.mql5.com/en/signals/author/test-standart The default settings ( M1 timeframe ) are suitable for currency pairs, especially for pairs with GBP All new sets appear here:  https://www.mql5.com/en/blogs/post/747929 A description of the Expert's parameters can be found in the comment th
Trailing and SL TP
Konstantin Kulikov
5 (1)
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 wi
Trailing by SAR
Konstantin Kulikov
Tracking positions using trailing on the Parabolic SAR indicator. 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 Select_Magic - selection of magic numbers. Positions with
Friday Monday
Konstantin Kulikov
5 (2)
This EA trades a weekly GAP, opening trades on the Friday before the market close and closing trades on Monday morning. The expert works from one chart for all currency pairs:   EURUSD, GBPUSD, USDCHF, AUDUSD, USDCAD, EURJPY, EURCHF, EURAUD, EURCAD, EURNZD, GBPJPY, GBPCHF, GBPAUD, GBPCAD, CHFJPY, AUDJPY, CADJPY, AUDCHF, AUDCAD, AUDNZD. If the symbols in the "Market Watch" have a suffix, then specify it in the expert parameter "Symbol_suffix". Version for MT5 >>> Chat <<< Expert setup Download t
GoldenScalp MT4
Konstantin Kulikov
4 (3)
Hello algo traders.  The Expert Advisor trades on gold (XAUUSD), any timeframe (the same on any TF), the initial account balance is from $100. The following presets are available "GS SL dynamic 001for100" . Each position has several closing logics, including a hidden StopLoss, which is calculated individually for each position, based on the volatility of the last hours. (If you have special stop requirements, then you can set your SL and TP in points via the parameters: "TakeProfit_Safety" and
News Trade EA MT4
Konstantin Kulikov
4.38 (16)
Presento un utile robot che io stesso utilizzo da diversi anni. Questo robot può essere utilizzato sia in modalità semiautomatica che completamente automatica. >>> Chat <<< Il programma contiene le impostazioni flessibili per fare trading sulle notizie del calendario economico. Non può essere verificato nel tester delle strategie. Soltanto il vero lavoro. Nelle impostazioni del terminale è necessario aggiungere il sito delle notizie all’elenco degli URL consentiti. Fare clic su Strumenti > Opz
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 w
FrankoScalp MT5
Konstantin Kulikov
4.25 (28)
Congratulazioni! Hai raggiunto la pagina dell’Expert Advisor più longevo del mercato Forex! Già da più di 5 anni questo Expert Advisor è sulla bocca di tutti e in vari top. Su qualsiasi forum Forex si può trovare discussioni sull’EA "FrankoScalp", ma solo su mql5 si può acquistare la versione originale aggiornata dell’EA, così come entrare in contatto con l’autore ed entrare in una comunità amichevole di utenti dell’EA "FrankoScalp". >>> Chat <<< Dettagli dell’acquisto Quando compri EA, lo ott
Virtual Trailing SL TP MT5
Konstantin Kulikov
5 (1)
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
Good Monday MT5
Konstantin Kulikov
4.5 (2)
The expert trades at the opening of the market after the weekend, focusing on the price gap (GAP). Various sets of settings are ready (trading against or towards the GAP). At the same time, various options are available in the expert settings, allowing you to create your own unique sets yourself.    >>> Chat <<< Currency pairs for which the sets have been developed: GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP, EURCHF, GBPCAD, GBPAUD, AUDCHF, AUDJPY, AUDNZD, CHFJPY, CADJPY, NZDJPY, NZDCHF, EURUSD, G
Trailing by SAR MT5
Konstantin Kulikov
Tracking positions using trailing on the Parabolic SAR indicator. 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 Select_Magic - selection of magic numbers. Positions with
Breakthrough Strategy MT5
Konstantin Kulikov
4.2 (10)
Questo sistema è stato sviluppato per funzionare con un gran numero di set e dopo un certo tempo si è mostrato bene lavorando alla chiusura delle contrattazioni del venerdì. Di conseguenza, questa direzione del trading è diventata la principale per lavorare con questo Expert Advisor. Tuttavia, puoi creare le tue impostazioni di trading e scegliere qualsiasi giorno della settimana per il trading. La raccolta di set di impostazioni può essere ampliata. Coppie di valute per le quali sono progettat
Friday Monday MT5
Konstantin Kulikov
3.71 (7)
This EA trades a weekly GAP, opening trades on the Friday before the market close and closing trades on Monday morning. The expert works from one chart for all currency pairs: EURUSD, GBPUSD, USDCHF, AUDUSD, USDCAD, EURJPY, EURCHF, EURAUD, EURCAD, EURNZD, GBPJPY, GBPCHF, GBPAUD, GBPCAD, CHFJPY, AUDJPY, CADJPY, AUDCHF, AUDCAD, AUDNZD. If the symbols in the "Market Watch" have a suffix, then specify it in the expert parameter "Symbol_suffix". Version for MT4 >>> Chat <<< Expert setup Download the
News Trade EA MT5
Konstantin Kulikov
4.55 (11)
Presento un utile robot che io stesso utilizzo da diversi anni. Questo robot può essere utilizzato sia in modalità semiautomatica che completamente automatica. >>> Chat <<< Il programma contiene le impostazioni flessibili per fare trading sulle notizie del calendario economico. Non può essere verificato nel tester delle strategie. Soltanto il vero lavoro. Nelle impostazioni del terminale è necessario aggiungere il sito delle notizie all’elenco degli URL consentiti. Fare clic su Strumenti > Opz
Buy by Trend
Konstantin Kulikov
Sometimes the markets are in such a trending phase that it is impossible not to notice and it is enough to simply buy with the trend. 1) So, we scroll through the charts of different instruments, and see a good entry point, so let's specify the desired price for the first order in the Price_for_First_Order parameter and the direction in the Trend_Direction parameter, this is already enough for a good deal. (If Price_for_First_Order=0, the position will open immediately at the market price.) 2) T
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