How to open Buy and Sell order at the same time?

Hi,

How do I open a buy and sell order at the same time with an EA?

I tried coding it but it only seems to open a sell order only without opening the buy order.

This is the Buy/Sell order condition:

if (Close1 > Upper1 && Close1 > Open1)
{
Order = SIGNAL_BUY;
Order = SIGNAL_SELL;
}

This is the Buy/Sell Signal Code:

//Buy
if (Order == SIGNAL_BUY && ((EachTickMode && !TickCheck) || (!EachTickMode && (Bars != BarCount)))) {
if(!IsTrade) {
//Check free margin
if (AccountFreeMargin() < (1000 * Lots)) {
Print("We have no money. Free Margin = ", AccountFreeMargin());
return(0);
}

if (UseStopLoss) StopLossLevel = Ask - StopLoss * Point; else StopLossLevel = 0.0;
if (UseTakeProfit) TakeProfitLevel = Ask + TakeProfit * Point; else TakeProfitLevel = 0.0;

Ticket = OrderSend(Symbol(), OP_BUY, Lots, Ask, Slippage, StopLossLevel, TakeProfitLevel, "Buy(#" + MagicNumber + ")", MagicNumber, 0, DodgerBlue);
if(Ticket > 0) {
if (OrderSelect(Ticket, SELECT_BY_TICKET, MODE_TRADES)) {
Print("BUY order opened : ", OrderOpenPrice());
if (SignalMail) SendMail("[Signal Alert]", "[" + Symbol() + "] " + DoubleToStr(Ask, Digits) + " Open Buy");
} else {
Print("Error opening BUY order : ", GetLastError());
}
}
if (EachTickMode) TickCheck = True;
if (!EachTickMode) BarCount = Bars;
return(0);
}
}

//Sell
if (Order == SIGNAL_SELL && ((EachTickMode && !TickCheck) || (!EachTickMode && (Bars != BarCount)))) {
if(!IsTrade) {
//Check free margin
if (AccountFreeMargin() < (1000 * Lots)) {
Print("We have no money. Free Margin = ", AccountFreeMargin());
return(0);
}

if (UseStopLoss) StopLossLevel = Bid + StopLoss * Point; else StopLossLevel = 0.0;
if (UseTakeProfit) TakeProfitLevel = Bid - TakeProfit * Point; else TakeProfitLevel = 0.0;

Ticket = OrderSend(Symbol(), OP_SELL, Lots, Bid, Slippage, StopLossLevel, TakeProfitLevel, "Sell(#" + MagicNumber + ")", MagicNumber, 0, DeepPink);
if(Ticket > 0) {
if (OrderSelect(Ticket, SELECT_BY_TICKET, MODE_TRADES)) {
Print("SELL order opened : ", OrderOpenPrice());
if (SignalMail) SendMail("[Signal Alert]", "[" + Symbol() + "] " + DoubleToStr(Bid, Digits) + " Open Sell");
} else {
Print("Error opening SELL order : ", GetLastError());
}
}
if (EachTickMode) TickCheck = True;
if (!EachTickMode) BarCount = Bars;
return(0);
}
}

Is it possible to even create an EA that can Open a Buy and a Sell Order Simultaneously? Does anyone know of such a script or EA that works?

This script sends both Buy and Sell at same time at market price (Ask & Bid). I modified it from another script so you can configure Lots, SL, and TP values.

Hope it helps. Would you mind me asking what are you going to use it for? I tried a strategy a while ago opening both positions at same time just for a quick 5 pip profit but it didn't prove profitable.

Greetings


PS. Default values for SL and TP are 0 (zero); for 5 digit brokers add extra zero (IE. you want SL at 10 pips --> you input 100)

How do I use this script?

Do I copy and paste the code into my EA, or do I use a function in my EA to call it externally?

I don't know how could you use it with your EA. I'm thinking the iCustom function but I don't know. Maybe a guru can code it around your EA or tell you how to do it.

You can use it manually. That's how I used it in the past. Make sure the script is in MT4/experts/scripts folder.

How do I even use the script manually to buy/sell at the same time?

The same way any script is used. You drag the script onto the chart you want to place the trades in or select a chart and then double click the script in the navigator window. It will open a window where you have to input the Lots, SL, and TP values, then click OK, and that's it; it will place 2 trades at market price.

Greetings

Ok thanks.

I do not need to go to babypips school at all.

I am already an advanced trader with much experience with systems and programming EAs and Indicators.

This is the first time I ever heard of using a script manually.

It is just not my cup of tea.

I rather use EA to handle my trades in SL and TP.

Oh, I'm sorry. Just trying to help. Anyways, hope the script is useful to you.

Would you mind sharing what will you be using the script for? I mean, what kind of system? I tried once to open both buy/sell at day open for a mere 5 pip profit but wasn't so hot and the DD was considerable, so I stopped using the strategy.

I need a Buy/Sell working EA in order to trade a hedge type of system.

Interesting. I was looking for buy/sell script. Were you using it in a tight ranging market that prevented it from working? Tight ranges will SL you out of both sides before you can reach a TP on either side from what I've seen.

Since my last post, I have long managed to find the solution.

I have posted my EA that is able to buy/sell at a the same time.

The hedging strategy I tested was not a success though, but the EA can buy/sell at the same time.

You can take a look at the code to see how the order logic works and use it.

chano12
Thanks for the script..
but it seems like it's not working properly on my mt4.
I see error = 130
and nothing happened..
I copied the file under script folder, restart mt4, drag and drop it on a chart, set up lot size, stop loss, profit target and confirmed it..

nothing happens but error = 130 message keeps coming in under Experts tab.

What did I do wrong? Please help.

Thanks.

I do not know MQL4 or whatever EA coding language, but logically it is the following scenario:

You do not know whether the currency pair is going to go up or down. So, you need to set a Buy order above the current market price and a Sell order below the current market price. Now, you need to set these orders up as; One Cancels Other (OCO).

Now when one order is triggered, the other order is cancelled.

Hi, I was wondering if somebody can equip this EA " SEND BUY & SELL " to work for all open symbols ( example : charts open - EUR/USD, EURCHF, AUD/USD, USD/CAD ....... etc. )

EA : input all symbols true/false

only this chart symbol true/false

do it now true/false

place orders B & S at PC time : example 20:15 PM
true/false

one spread limit for all symbols : pips
true/false

spread limit for each pair ( symbol ) true/false
set spread for each pair : EURUSD 1.6, EURCHF 2.8, AUDUSD 4.1, USDCAD 2.9, ....... etc



if spread high for any symbol, skip symbol and try again in :
(example) 3 min
how many time's 5

if spread still high after that, leave pair

magic number use true/false
magic number : 12345

place orders again if no left open
order ( !!! ) from all symbols : true/false
at PC Time : example 1:05 AM

EA must place orders continuisly for each symbol (pair ) - example :
EUR/USD buy, sell next EUR/CHF buy, sell next AUD/USD buy, sell ..... etc

I have tried this script not work use 5 digit broker fbs so can everyone help me this issue because i very need this script work.Thank you

I found this EA on the internet and i think you need it =)

Can check this thread. There is similar EA.

hi try this ea it help full for u

Hi guys,

I am looking for a EA/script that places buy and sell market orders on two FX pairs simultaneously - for example buy EUR/USD and sell GBP/USD.

I do not want any SL or TP, just to specify the particular symbol to buy and the symbol to sell, and the relevant volume. I am quite new to that, please help me.