Rapid 3 Order Entry for FXCM

The attached 2 scripts will run on MT4 and will automatically place 3 orders (BUY or SELL). Due to the unique characteristic of the FXCM broker platform, there will be no Stop Loss of Take Profit entered. Once the trades are placed it is your responsibility to modify the orders to include the Stop Loss and Take Profit.

These scripts are for training purposes only and should not be used on FXCM's (or anybody else's) LIVE accounts.

Copy these scripts to the C:\Program Files\FXCM MT4 folder\Experts\Scripts.
Restart FXCM and then drag the script to your appropriate pair.

Recommendation: Assign a "Hot Key" to activate the scripts.
1. Open the Navigator window and expand the Scripts folder.
2. Right-click onto the script and select "Set hotkey".
3. Double-click the box under "Control" and select either Ctrl or Alt.
4. Double-click the box under "Key" and enter a letter you want to assign, (i.e., "S" for Sell and "L" for Long).

Ensure that Enable Live Trading is enabled under Tools | Options | Expert Advisors.

Also add the Comments column to your Terminal window by Right-clicking any of the column headers in Terminal and selecting Comments.

Happy Pipping!

MiamiTom

Attached are scripts that will allow you to place 3 orders at the same time onto any brokers platform that uses MT4. The scripts allow for the 3/5 digit brokers as well as the 2/4 digit brokers.







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RapidHalfPike 3 BUY.mq4 and RapidHalfPike 3 SELL.mq4 will place 3 orders with a 15 pip SL and take profits at +10, +20, and +30 pips.

RapidChannel 3 BUY.mq4 and RapidChannel 3 SELL.mq4 will place 3 orders with a 20 pip SL and take profits at +20, +40, and +100 pips.

Each script will present you with an input box to make changes prior to execution. If you choose to accept the defaults then you only need to hit "Enter" or click on "OK".

Remember that these scripts are for educational purposes only and should only be used on demo accounts.

Enjoy and happy Pipping!

MiamiTom

Here are the latest scripts with updated comment sections. It includes a Close All Selected script to rapidy close all scripts associated with a currency pair.

I've been using it for a while now. I tried it with the rapid 3 order script. it works fine if the entry is the same for all three orders. But if entry price is different for the three orders, then it only move the stop to break even for the first one.

Can anyone change it to M3 requirements(i.e. breakeven+1 after the first target is achieved) on all orders/scales.

Regards

I have tried using the script. It doesn't enter the stop loss and take profit. Could anyone amend the script to ensure that this works please?

hi, is it possible to modify the scripts to open 2 orders simultaneously?
let's say we add an option to define order numbers, it can be 1 or 2 or 3, if we choose order numbers to be 2 then the third sl would automaticly be ignored.
Thanks!