Buy Stop Limit and Sell Stop Limit Orders on MT4

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!

Way beyond the sophistication of the average FF member

Better try MQL website or your friend Google

Hard to say. There are always gems in the sand

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?


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.

I've searched google and I can't find a "Buy Stop Limit" or "Sell Stop Limit" EA for MT4. I'm really surprised that none exists as this would be a very useful tool.

jblanked was kind enough to code this for me:

https://www.forexfactory.com/thread/...3#post14370313

Bro I can't find the EA your referring to, can you please share?