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multiple order script or EA

  • #1
  • First Post: Oct 17, 2015 1:25am Oct 17, 2015 1:25am
Hello dear traders and programmers.
I don't know anything much about EA and scripts at all. But know that it is possible to program something to make easier life for manual trading. Thats why i am trying to ask help to professionals who know how that all works. And hope to receive some help.

What i am interest is:

When i open any trade at any price, program automatically open 5-6 pending orders, if position is buy then all pending orders will be buy limit and if i open sell then rest of orders will be sell limit. If it is possible in advance to set how far next order should be 5,6,7,8,9.10...pips and lot size for each next order, the SL and TP also can be change for each order and for each order by pips and can be set on or off, not as default for all orders. And last, when TP reached then rest of orders are canceled.

Thank you in advance, hope for your help in that. Manual trading work nice but its take long time to set all necessary parameters for each trade.

Thank you!
  • #2
  • Oct 17, 2015 3:48am Oct 17, 2015 3:48am
Quoting dzero
Hello dear traders and programmers. I don't know anything much about EA and scripts at all. But know that it is possible to program something to make easier life for manual trading. Thats why i am trying to ask help to professionals who know how that all works. And hope to receive some help. What i am interest is: When i open any trade at any price, program automatically open 5-6 pending orders, if position is buy then all pending orders will be buy limit and if i open sell then rest of orders will be sell limit. If it is possible in advance to...

try these:

https://www.mql5.com/en/code/10832

https://www.mql5.com/en/code/9673

You can modify these and place multiple limit orders after your initial order entry.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3
  • Oct 17, 2015 4:00am Oct 17, 2015 4:00am
Quoting emmanuel7788
{quote} try these: https://www.mql5.com/en/code/10832 https://www.mql5.com/en/code/9673 You can modify these and place multiple limit orders after your initial order entry.

Thank you, will look on them!
  • #4
  • Oct 17, 2015 4:45am Oct 17, 2015 4:45am
Quoting emmanuel7788
{quote} try these: https://www.mql5.com/en/code/10832 https://www.mql5.com/en/code/9673 You can modify these and place multiple limit orders after your initial order entry.

As i understand, those EA are not putting Sell limit/Buy limits but Sellstop/Buystop orders. The rest looks like what i wanted.

Such scripts cant be in one file?
  • #5
  • Oct 18, 2015 11:00am Oct 18, 2015 11:00am
Of course, could be (and should be) inside one EA..
There are few scripts to open progresive pending orders - https://www.mql5.com/en/code/10832

It is possible to realize all functionality inside one script or EA(preferable).
U have decide, do you want one-timeexecution ( script) or continuous in tje time (EA).
If you planning any actions over orders ,modifying SL-TP, f.e., u need EA.
  • #6
  • Oct 18, 2015 11:28am Oct 18, 2015 11:28am
Quoting hanzov
Of course, could be (and should be) inside one EA.. There are few scripts to open progresive pending orders - https://www.mql5.com/en/code/10832 It is possible to realize all functionality inside one script or EA(preferable). U have decide, do you want one-timeexecution ( script) or continuous in tje time (EA). If you planning any actions over orders ,modifying SL-TP, f.e., u need EA.
This one was presented already before. And I think that it makes orders to add to position. In my case i want to continue buy/sell deeper if i am wrong with first entry. Its like martingale but not with doubling possitions, but changing tp/sl for each position. That will be fixed nr there for i register them and after each position i open the figures I inserted are the same for all of them. It is not robot who trade, just put in advance writn pending sell limit/ buy limit orders from my entry point.
  • #7
  • Oct 18, 2015 11:57am Oct 18, 2015 11:57am
u want change tp/sl manually ( u get decision, when to do it) or automatically, under certain market conditions?
  • #8
  • Oct 18, 2015 12:15pm Oct 18, 2015 12:15pm
Quoting hanzov
u want change tp/sl manually ( u get decision, when to do it) or automatically, under certain market conditions?
I want to set tp/sl one time for each pair. Then i dont want to change them:
Example,
I open eur/usd buy at price 1.23000 puting sl at 1.2290 tp at 1.2330
EA/script going in action
Putting buy limit orders at early mentioned pips away from 1.23000 for each position and for each position i can put earlier fixed sl/tp.
And settings for orders i dont want to change, each time i open eur/usd it always use the same distance of sl/tp.
  • #9
  • Oct 19, 2015 1:12am Oct 19, 2015 1:12am
Quoting dzero
{quote} I want to set tp/sl one time for each pair. Then i dont want to change them: Example, I open eur/usd buy at price 1.23000 puting sl at 1.2290 tp at 1.2330 EA/script going in action Putting buy limit orders at early mentioned pips away from 1.23000 for each position and for each position i can put earlier fixed sl/tp. And settings for orders i dont want to change, each time i open eur/usd it always use the same distance of sl/tp.
Ok
create script which one:
1. open eur/usd buy at price 1.23000 puting sl at 1.2290 tp at 1.2330
after that, if order opened successfully
2. Putting buy limit orders..

Put the code inside one sctipt.
  • #10
  • Oct 19, 2015 1:19am Oct 19, 2015 1:19am
Quoting hanzov
{quote} Put the code inside one sctipt.


How to put it, I don't know anything about programming and creating scripts and ea, unfortunately
  • #11
  • Oct 19, 2015 7:40am Oct 19, 2015 7:40am
In this case, you have learn programing or rent a programer for this work. No any other solution)
  • #12
  • Oct 19, 2015 10:31am Oct 19, 2015 10:31am
asks for this guy do http://www.forexfactory.com/kasia
  • #13
  • Oct 19, 2015 10:58am Oct 19, 2015 10:58am
It is not so hard to code similar script.
I can do it during one day. But problem that u will need changes and support to operate this script,
necessary test it on many symbols to prevent errors during opening pending orders, put balance checkups,
error management..etc
It is time consuming part, not pure coding of the your idea.
  • #14
  • Oct 19, 2015 11:14am Oct 19, 2015 11:14am
I think that's what you need
Attached File(s)
File Type: ex4 Drabinka_stop_limit_1.2.ex4   8 KB | 1,869 downloads
  • #15
  • Oct 19, 2015 11:05pm Oct 19, 2015 11:05pm
Thank you, everyone, for help. I just hoped that some one have something similar what I am interested. As from my side its looks not so hard to program something like that, if I compere to EA what is available in forum, with analyze indicators, put to gather several indicators, and from that get some confirmation and so on.

The problem is, that I am not sure if my idea is working, and if there will be results. As my manual test was only for 3 weeks, and still needed to be done a lot in all this system to rise probability.

I don't ask anyone to program anything, just was hoping, that some one have something like that.

Thank you all!
  • #16
  • Sep 24, 2016 12:59am Sep 24, 2016 12:59am
Quoting tiagomes71
I think that's what you need {file}
Hello, can you please attach the mq4 code?
Thank you!
Ionut
  • #17
  • Oct 29, 2017 5:26am Oct 29, 2017 5:26am
Quoting tiagomes71
I think that's what you need {file}
Hello All,

I downloaded the Drabinka Stop Limit ex4 in the Meta Trader platform. Unfortunately, my brockers did not allow automated ea in their trading platform. They only allowed custom EA. Anyway that I can get through from this obstacles from brockers?


Regards
  • #18
  • Oct 9, 2020 4:34pm Oct 9, 2020 4:34pm
Hello there ….
I’ve been try this Drabinka
I think it’s very good
There is one thing I wanna ask
The result of pending order in both side, buy & sell
Is that possible if I need one side, for example only sell
maybe some one can help ……..
Or maybe the author can give me the source, of course if you don’t mind,
Thanks before….
  • #19
  • May 23, 2021 12:43am May 23, 2021 12:43am
Hi, I would like to get an EA that opens multiple orders at once for MT5. When you click the ''Buy or Sell'' button once and it opens 2 or orders/trades. Please help
  • #20
  • Edited 8:23am Jul 8, 2021 8:01am | Edited 8:23am
Quoting dzero
Hello dear traders and programmers. I don't know anything much about EA and scripts at all. But know that it is possible to program something to make easier life for manual trading. Thats why i am trying to ask help to professionals who know how that all works. And hope to receive some help. What i am interest is: When i open any trade at any price, program automatically open 5-6 pending orders, if position is buy then all pending orders will be buy limit and if i open sell then rest of orders will be sell limit. If it is possible in advance to...
Try this free order script.

Order script tool main objective is to have a proper risk management trade.
- Works on all timeframes and currency pairs
- Quickly place a trade
- Prevents bad entries when executing a trade by limiting max spread
- Set your entry at better price
- Set fixed risk amount/percentage per trade
- Automatically calculate position/lot size based on risk amount/percentage
- Set proper stop loss level by setting min and max pips

Download the 'Order Management Script Tool' Trading Utility for MetaTrader 4 in MetaTrader Market (mql5.com)

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