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Trading Level

This utility is designed for level trading.


Parameters

  • buy level, sell level - type of the placed order.
  • open price level - price level of the order.
  • open Lot - order volume.
  • Magic - magic number of the order.
  • TakeProfit - take profit of the order in pips, (0.00001) for 4- and 5-digit quotes, (0.001) for 3- and 2-digit quotes.
  • StopLoss - stop loss of the order in pips, (0.00001) for 4- and 5-digit quotes, (0.001) for 3- and 2-digit quotes.
  • repeat open orders as a Limit Order: on, off - enable trading limit orders.
  • repeat open orders as a Stop Order: on, off - enable trading stop orders.
  • color out text - color to display the information on the order.

The utility should be placed on chart of each instrument separately. When an order is closed by take profit or stop loss, the order is placed again depending on the opening price settings.

It is possible to attach two instances of the utility with the same magic number and with buy or sell type. To place orders based on multiple levels on one instrument, run a separate instance of the utility with unique magic numbers for each level.

To see how the utility works, download the demo version. Test it on the period from 31.08.2017 to 30.08.2017 on EURUSD. Suppose that you predict the price to stay between the levels 1.1750 - 1.1800. You run the utility on the EURUSD pair with open price level = 1.1750. TakeProfit = 500 five-digit points. To limit the losses, set StopLoss = 1500.

  • If repeat open orders as a Limit Order is set to on, then if there are no orders and the price is above 1.1750, only limit order will be opened with open price = 1.1750, TakeProfit = 1.1800 and StopLoss = 1.1550.
  • If repeat open orders as a Stop Order is set to on, then if there are no orders and the price is below 1.1750, only stop order will be opened with open price = 1.1750, TakeProfit = 1.1800 and StopLoss = 1.1600.
  • If repeat open orders as a Stop Order is set to off, then if the order closes by stop loss, the pending order will not be placed again until the price becomes lower than the opening price.
It is mandatory to set either repeat open orders as a Limit Order or repeat open orders as a Stop Order to on. In case both parameters are enabled, when an order closes by profit or stop loss, the pending order will be placed again at open price = 1.1750.

Running another instance of the utility on an additional EURUSD chart, based on the next level of 1.1700 with parameters take profit = 1.1800 (TakeProfit = 1000), stop loss = 1.1600 (StopLoss = 1000) and with an increased lot, results in an averaging system with automatic resetting of pending orders.

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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
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
-  Version MT5  (Coming soon) An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility  TRADE PRO   provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over th
Grid Manual MT4
Alfiya Fazylova
4.71 (17)
Grid Manual, sipariş ızgarasıyla çalışmak için kullanılan bir ticaret yardımcı programıdır. Yardımcı program evrenseldir, esnek ayarlara ve sezgisel bir arayüze sahiptir. Sadece kayıpların ortalaması yönünde değil, aynı zamanda kazanç artışı yönünde de bir emir ızgarası ile çalışır. Tüccarın bir emir ızgarası oluşturmasına ve eşlik etmesine gerek yoktur, bu yardımcı programı yapacaktır. Emri açmanız yeterlidir ve Grid manual otomatik olarak ona bir emir ızgarası oluşturacak ve kapanana kadar ona
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
MT4 için Expert Advisor Risk Manager çok önemli ve bence her yatırımcı için gerekli bir program. Bu Uzman Danışman ile ticaret hesabınızdaki riski kontrol edebileceksiniz. Risk ve kar kontrolü hem parasal hem de yüzdesel olarak yapılabilir. PROMO BUY 1 GET 2 FREE -   https://www.mql5.com/en/blogs/post/754725 Danışman işlevleri Bu risk yöneticisi, riskleri kontrol etmenize yardımcı olacaktır: - bir anlaşma için - günlük - bir hafta için - Bir ay için Ayrıca kontrol edebilirsiniz 1)
FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
OrderManager 'ı Tanıtıyoruz: MT4 için Devrim Niteliğinde Bir Yardımcı Program Yepyeni Order Manager yardımcı programı ile MetaTrader 4 için işlemlerinizi bir profesyonel gibi yönetin. Basitlik ve kullanım kolaylığı göz önünde bulundurularak tasarlanmış olan Order Manager, her işlemle ilişkilendirilen riski kolayca tanımlamanıza ve görselleştirmenize olanak tanır, böylece bilinçli kararlar alabilir ve ticaret stratejinizi optimize edebilirsiniz. OrderManager hakkında daha fazla bilgi için lütfen
Welcome to the Drawdown Manager MT4, a equity protector – A powerful MetaTrader 4 Expert Advisor designed to manage trades and safeguard your trading account. This tool is equipped with various settings to enhance your trading experience and protect your investments, making it particularly useful for proprietary trading firms. MT5 version is avaialble here Features: General Settings: Configure essential parameters such as the Magic Number for identification and various trading options like set
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 Signal using ADAM  https://www.mql5.com/en/signals/2190554 --------------------------------------------------------------
" Trader Evolution " - A utility designed for traders who use wave and technical analysis in their work. One tab of the utility is capable of money management and opening orders, and the other can help in making Elliott wave and technical analysis. Manual (Be sure to read before purchasing) | Version for MT5 Advantages 1. Trading in a few clicks. Immediate and pending orders are available in the panel 2. Money management. The program automatically selects the appropriate lot size 3. Simpli
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This trade panel is designed for opening market orders with predefined values of Magic, TakeProfit and StopLoss. The panel displays the following data: Ask - current Ask price; Bid - current Bid price; Spread - spread equal to (Ask-Bid)*0.0001 for 4- and 5-digit quotes, and (Ask-Bid)*0.01 for 3- and 2-digit quotes; Buy - button for sending a request to open a Buy order; Sell - button for sending a request to open a Sell order; TakeProfit - set TakeProfit: pips - in pips (0.00001) for 4- and 5-di
This panel closes trading positions at multiple symbols. The panel displays the situation for all open symbols on the account: Balans - account balance Equity - account equity Margin - used margin Freemargin - free margin Summ Position - the summary position on the account, in lots Position buy - the summary buy position, in lots Position sell - the summary sell position, in lots Summ Profit - the total profit (loss) at all positions Profit buy - the total profit of buy positions Profit sell - t
The trading panel is designed to close trading positions on the current instrument. The panel shows the account situation for the instrument it is attached to. The panel displays the following information: Balance - account balance; Equity - account equity; Margin - used margin; Free margin - free margin; Total Position - the summary position on the account for the current instrument, in lots; Position buy - the summary position of the buy direction for the current instrument, in lots; Position
Утилита предназначена для копирования ордеров с одного счета на другой. Поддерживается копирование с множителем, копирование с реверсом позиции, копирование с префиксами и суффиксами. Отложенные ордера, TakeProfit и StopLoss не копируются. Поддерживается копирование на несколько счетов. Входные параметры: Mode - Режим копирования, master, slave NumMaster - Номер файла обмена данных в общей папке timer1 - Частота обмена данных между master и slave счетом, в секундах Настройки для режима копиров
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