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REGISTER PARTICIPANTS Expert On Chart Trading Pending Order Window All Symbols Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 29, 2020.

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  1. James Goldman

    James Goldman Moderator
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    #oncharttradingpendingorderwindowallsymbols

    on-chart-trading-pending-order-window-all-symbols-logo-200x200-9361.png

    The expert advisor (EA) generates an on-chart trading panel to place pending order(s) on any currency-pair symbol, as selected from its drop-down menu. Before clicking "Place" button, to place a pending order (PO), following parameters for the order may be entered:

    • Price is the triggering price for the PO. As soon as, the market price reaches this value, the PO is triggered to its corresponding market order (MO).
    • Symbol: a drop-down menu option to select any valid market currency-pair symbol, on which PO is to be placed.
    • Lot: Order’s lot in terms of standard lot size.
    • Stop-Loss (pips) sets the PO’s stop-loss in terms of pips away from its triggering price.
    • Take-Profit (pips) sets the PO’s take-profit in terms of pips away from its triggering price.
    • Order Type: Any of four different types of POs may be selected using a drop-down menu. The options are buy-limit, buy-stop, sell-limit and sell-stop.
    Apart from aforementioned usual options for an order, following specialized options are also provided:

    • Money Management: clicking this option to green, instructs EA to calculate lot using Risk %, as entered in the box beneath it.
    • TS Enable: this push button is to select or de-select the trailing stop-loss option for the PO to be placed. If clicked to green, trailing stop-loss is enabled using below-mentioned parameters:
    • Trailing Stop (pips) sets trailing stop-loss for the order, yet to be placed.
    • Trailing Stop Step (pips): this is the minimum required step in closing price, to trail the stop-loss.
    *In above options, numerical values may be either typed or increased/decreased using up/down side arrows in the box.

    The panel can be minimized or closed, anytime. On closing the panel, the corresponding EA is also detached from the chart.

    on-chart-trading-pending-order-window-all-symbols-screen-7803.png on-chart-trading-pending-order-window-all-symbols-screen-8109.png on-chart-trading-pending-order-window-all-symbols-screen-6298.png

     
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