pricer ea
Info
The pricer ea is a Expert Advisor for MetaTrader 4 that what is it pricerea is a utility to help any trader to place pending orders (stop or limit) at a specific price. it is designed for easy use.
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 pricer ea
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
what is it pricerea is a utility to help any trader to place pending orders (stop or limit) at a specific price.
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: Line Order Indicator v2.1 - another powerful expert for MetaTrader 4 traders.
what is itpricerea is a utility to help any trader to place pending orders (stop or limit) at a specific price.
Also recommended: vs a syndicate trader - similar expert with strong performance on MetaTrader 4.
it is designed for easy use.there is a parameter to set the prices you want to place orders.
the expert can calculate automatically the lot size for each order.
in addition, there is the possibility run trailing stop (work only for market orders) if triggered a pending order.
how use it
use buystop to open buy order over than current price.
use buylimit to open buy order under than current price.
use sellstop to open sell order under than current price.
use selllimit to open sell order over than current price.
You may also like: histo scalper ea - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.0"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property strict
enum mm {manually_lot, automatically_lot};
extern string openorderssets = "||========== open orders sets ==========||";
extern double priceopen_buystop = 0.0;//price place buy stop (0=not place)
extern double priceopen_sellstop = 0.0;//price place sell stop (0=not place)
extern double priceopen_buylimit = 0.0;//price place buy limit (0=not place).......
⚠ 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.