How do I install this Script on MetaTrader 4?

Download the file, open MetaTrader 4 -> File -> Open Data Folder, copy the file to the correct folder (Experts / Indicators / Scripts / Libraries), then restart the terminal.

How do I activate / load this Script?

Drag the Script from the Navigator onto your chart and adjust the input parameters as needed.

Is this compatible with MetaTrader 4?

Yes, this Script is built specifically for MetaTrader 4.

Is this Script safe to use with real money?

All tools are provided for educational and testing purposes. We strongly recommend testing on a demo account first. Trading involves significant risk of loss.

Can I use this Script on multiple charts?

Yes, you can apply multiple indicators on the same chart.

Can I customize the settings of this Script?

Yes. Right-click on the chart and select properties to open and adjust parameters.

Free automated market order execution script Script for MetaTrader 4

MetaTrader 4 script

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automated market order execution script

Info

The automated market order execution script is a Script for MetaTrader 4 that automated market order execution scriptthis script places market orders with specified stop-loss and take-profit levels at a designated time. if the scheduled time is in the past, orders will be executed immediately.

Usage

This tool is typically used for enhancing chart analysis and decision making.

Platform

This Script works exclusively on MetaTrader 4 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL4/Scripts folder via File ? Open Data Folder in MetaTrader 4.

How to Install and Use automated market order execution script

1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.

2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.

3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.

4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."

Frequently Asked Questions

Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.

Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.

Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.

What this tool does

automated market order execution scriptthis script places market orders with specified stop-loss and take-profit levels at a designated time.

Typical Use Case

This Script excels in automated trading and technical analysis on MetaTrader 4.

Compatible Platform & Setup

This Script works on MetaTrader 4. Place the file in the MQL4/Scripts folder and restart the terminal.

Description & Settings

Related: automated economic calendar trading advisor - another powerful script for MetaTrader 4 traders.

automated market order execution script

this script places market orders with specified stop-loss and take-profit levels at a designated time. if the scheduled time is in the past, orders will be executed immediately. the script supports opening both buy and sell orders, with the quantity controlled by the maxorders parameter.

Also recommended: e-screenshot: automated chart snapshot tool - similar script with strong performance on MetaTrader 4.

input parameters:

- stoploss: stop-loss level. if set to 0, stop-loss is not applied.
- takeprofit: take-profit level. if set to 0, take-profit is not applied.
- maxorders: the maximum number of orders to open.
- magic: a unique identifier for the orders placed by this script.
- lotbuy: the volume for buy orders. if set to 0, buy orders will not be opened.
- lotsell: the volume for sell orders. if set to 0, sell orders will not be opened.
- timeset: the scheduled time for order placement. if the current time is past this setting, orders will execute immediately. example format: d'2026.08.25 15:00'.
- attempts: the number of attempts to open an order.

You may also like: cm sl nl tp: automated order management for mt4/mt5 - excellent alternative for script users on MetaTrader 4.

Source Code

#property copyright "RobotFX"
#property link "https://robotfx.org"
#property show_inputs
#property description "Educational code - RobotFX www.robotfx.org"
#property strict
extern int      stoploss       = 50,       //уровень выставления SL, если 0, то SL не выставляется
takeprofit     = 50,       //уровень выставления TP, если 0, то TP не выставляется
MaxOrders      = 1,        //кол-во ордеров
Magic          = 123456;   //уникальный номер ордера
extern double   LotBuy         = 0.1;      //объем ордера если 0 то не откоывать

.......

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⚠ 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.