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Attachments: Buy Stop Limit and Sell Stop Limit Orders on MT4
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Buy Stop Limit and Sell Stop Limit Orders on MT4

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  • First Post: May 27, 2019 2:56am May 27, 2019 2:56am
  •  CollectPIPS
  • | Joined Nov 2010 | Status: Peace be with all | 139 Posts
Good day to all!

Stop Limit Order types as described & explained here are available on MT5 but not on MT4.

May I ask if anyone knows of an EA or script that does the same thing on MT4?

Thank you all!
  • Post #2
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  • May 27, 2019 3:06am May 27, 2019 3:06am
  •  Erebus
  • Joined Jul 2011 | Status: Bearish AUD | 6,693 Posts
Way beyond the sophistication of the average FF member

Better try MQL website or your friend Google

Don't trade your heart, trade your chart!
4 Daily Signals All Time Return: na
 
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  • May 27, 2019 9:39pm May 27, 2019 9:39pm
  •  CollectPIPS
  • | Joined Nov 2010 | Status: Peace be with all | 139 Posts
Hard to say. There are always gems in the sand
 
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  • Last Post: Edited at 5:56pm Jul 15, 2021 5:30pm | Edited at 5:56pm
  •  lddd
  • Joined May 2009 | Status: Member | 2,954 Posts
Will a buy stop limit order protect me from getting slipped on a higher price in case of a gap or widening in the spread if for example i want to buy a breakout above current market price? I am so far always doing this with setting up a pending "buy stop" order. Because that will be executed as a market order i might get filled at a far higher price than expected in certain circumstances.

Example in MT5 would be this. So here i would now no longer risk getting filled at a higher price for my buy order than 1.38320 or lower than the sell order is placed at 1.38200, is that correct?

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Why these order types are not in the right click context menu of MT5 like the buy limit, sell limit order types are. So you cannot quickly set them by right clicking on chart for level you want them to have. They seem to be only available from the on "new order" panel (F9).

Anyways i wouldn't like to use MT5 at all just because of having these two additional order types, hm.
 
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