Automated Order Execution During Market Closures
Info
The Automated Order Execution During Market Closures is a Script for MetaTrader 4 that this script enables order placement during times when direct trading is not possible, such as during market closures. Configure your desired trading direction (buy or sell), order volume, and stop parameters within the script.
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 Order Execution During Market Closures
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
This script enables order placement during times when direct trading is not possible, such as during market closures.
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.
This script enables order placement during times when direct trading is not possible, such as during market closures.Also recommended: order information indicator - similar script with strong performance on MetaTrader 4.
Configure your desired trading direction (buy or sell), order volume, and stop parameters within the script.
Upon market opening, the order will be automatically placed.
Furthermore, the script will manage the order until its closure.
Optional trailing stop parameters can be set to actively manage the open order.
The script also features virtual stops.
If the specified stop loss or take profit levels fall outside the broker's allowed limits, the script will virtually manage these stops, executing order closure according to your specified parameters.
In the event of a price gap upon script attachment, the script will attempt to open the order at the first available price.
You can also define a specific start time for the script.
This allows the order to be placed not immediately at market open, but at your designated time.
This tool is designed to enhance trading flexibility and precision, allowing for strategic order execution regardless of market hours.
Last updated: 2026
You may also like: script to close all orders - excellent alternative for script users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
#property show_inputs
enum t
{
l=0, //buy
s=1, //sell
};.......
⚠ 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.