Instant Execution
Info
The Instant Execution is a Expert Advisor for MetaTrader 4 that this script provides instant execution for order management with a range of customizable features. You can manually click the 'Close Profit' button to close all orders with a profit.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use Instant Execution
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
This script provides instant execution for order management with a range of customizable features.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: MetaTrader 4: One-Cancels-Other (OCO) Order Execution - another powerful expert for MetaTrader 4 traders.
This script provides instant execution for order management with a range of customizable features.Also recommended: Order Execution Time Alert - similar expert with strong performance on MetaTrader 4.
You can manually click the 'Close Profit' button to close all orders with a profit.
Orders will automatically close based on the take profit parameter or trailing process.
Features:
- Button to close all orders by Magic.
- Button to buy or sell orders.
- Button to close all profit orders by Magic.
- Trailing process with customizable start and size parameters. (e.g., start 5 and size 5 means when an order has a profit of 5 pips, the stop loss will be set to lock in a 1-pip profit)
- Hidden take profit and stop loss.
Note: This script aims to streamline order management and enhance trading efficiency.
You may also like: check execution ea - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.0"
#property strict
extern string _orders_ = " --- set order ---";
extern double lots = 0.05;
extern int stoploss = 0;
extern int takeprofit = 70;
extern int trailingstart = 5 ;
extern int trailingsize = 5 ; .......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.