Keyboard Trade
Info
The Keyboard Trade is a Library for MetaTrader 4 that this tool is for trading with keyboard input, it supports "send order", "set stop loss", "set take profit", and "close order". 1.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Libraries folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use Keyboard Trade
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
This tool is for trading with keyboard input, it supports "Send order", "Set Stop Loss", "Set Take Profit", and "Close order".
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Library works on MetaTrader 4. Place the file in the MQL4/Libraries folder and restart the terminal.
Description & Settings
Related: Real Trade Copy MT4 - another powerful library for MetaTrader 4 traders.
This tool is for trading with keyboard input, it supports "Send order", "Set Stop Loss", "Set Take Profit", and "Close order".
Also recommended: Trade Classes from MT5 for MT4 - similar library with strong performance on MetaTrader 4.
1. Send OrderCommand Buy: b,lots,price,sl,tp Sell: s,lots,price,sl,tp
Example
Buy 0.1 lots EURUSD on 1.16000, set Stop Loss on 1.15500, and set Take Profit on 1.17000
The command is:
b,0.1,1.16,1.155,1.17x
The last 'x' is to execute this command.
If price is zero, or is equal to the Ask/Bid, the order type will be BUY/SELL.
If the first command is 'b'(BUY), and price > Ask, the order type will be Buy Stop, if price < Ask, the order type will be Buy Limit.
If the first command is 's'(SELL), and price > Bid, the order type will be Sell Limit, if price < Bid the order type will be Sell Stop. 2. Modify Order
Setting Stop Loss and Take Profit are supported only.
Command Set Stop Loss: sl,ticket,sl Set Take Profit: tp,ticket,tp
Example
If there is an EURUSD buy order, the Stop Loss is 1.1550, and the ticket is 123456789.
Now we set the Stop Loss to 1.1580, the command is:
sl,123456789,1.1580x
The last 'x' is to execute this command.
3. Close or Delete Order
Command c,ticket
Example
If we want to close an order with the ticket 123456789
The command is:
c,123456789x
The last 'x' is to execute this command.
4. Other Commands
',' is to separate the command.
'ESC' or double 'z' will clear the command.
'x' is to execute the command.
You may also like: Period Bars HI G H Period Bars LO W - excellent alternative for library users on MetaTrader 4.
⚠ 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.