simple check open orders filter boolean function for expert advisors
Info
The simple check open orders filter boolean function for expert advisors is a Expert Advisor for MetaTrader 4 that it is common for novice developers to face the challenge of making the expert advisor able to detect if there are open orders independently, without using the orderstotal() function, as this does not recognize if an order was opened by an ea or if it was opened manually, since it returns the total amount of open orders. with that in mind, i decided to share this very simple code.
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 simple check open orders filter boolean function for expert advisors
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
it is common for novice developers to face the challenge of making the expert advisor able to detect if there are open orders independently, without using the orderstotal() function, as this does not recognize if an order was opened by an ea or if it was opened manually, since it returns the total amount of open orders.
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: simple trailing position management library - another powerful expert for MetaTrader 4 traders.
it is common for novice developers to face the challenge of making the expert advisor able to detect if there are open orders independently, without using the orderstotal() function, as this does not recognize if an order was opened by an ea or if it was opened manually, since it returns the total amount of open orders.
Also recommended: simple trailing stop - similar expert with strong performance on MetaTrader 4.
with that in mind, i decided to share this very simple code. in it, i use the comment() function as a way to demonstrate the check_open_orders function in real time.the code is extensively explanatory with descriptive notes. i hope it is useful.
You may also like: simple pivot expert advisor - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
#property show_inputs
enum CheckOpenOrdersMode
{
CheckAllTypes=0, // Function checks for open market Buy and Sell orders
CheckOnlyBuy=1, // Function checks for open market Buy orders only
CheckOnlySell=2, // Function checks for open market Sell orders only.......
⚠ 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.