send order basic
Info
The send order basic is a Script for MetaTrader 4 that a simple script to easily submit market or pending orders, without having to add or subtract decimals to find your stop loss, take profit, or trailing stop. with this script, you can place buy, sell, buy limit, sell limit, buy stop, or sell stop orders.
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 send order basic
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
a simple script to easily submit market or pending orders, without having to add or subtract decimals to find your stop loss, take profit, or trailing stop.
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: order information indicator - another powerful script for MetaTrader 4 traders.
a simple script to easily submit market or pending orders, without having to add or subtract decimals to find your stop loss, take profit, or trailing stop. with this script, you can place buy, sell, buy limit, sell limit, buy stop, or sell stop orders. after the script is executed, you will see a message either confirming your order or indicating that an error occurred.
Also recommended: script to close all orders - similar script with strong performance on MetaTrader 4.
inputsfor market orders, simply input your take profit level (in pips), stop loss level (in pips), slippage, lot size, and order type (buy or sell). for pending orders (limit or stop), be sure to include the price at which you would like your broker to fill the order. you may also input a trailing stop (in pips), if desirable.
confirmation
after executing the script, an alert message will confirm that the order was submitted successfully.
error handling
should an error occur, an alert message will provide the associated error code and category.
You may also like: automated market order execution script - excellent alternative for script users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "17.10"
#property strict
#property show_inputs
extern int order = 0; //order type
extern string buynote = "0 = buy, 2 = buy limit (lower), 4 = buy stop (higher)"; //buy order types note
extern string sellnote = "1 = sell, 3 = sell limit (higher), 5 = sell stop (lower)"; //sell order types note
extern double price = 1.00000; //price for pending orders
extern string pricenote = "price used for pending (limit or stop) orders only"; //price note.......
⚠ 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.