Start External Process
Info
The Start External Process is a Script for MetaTrader 4 that this script enables the initiation of any arbitrary external program, offering flexibility for various use cases. To ensure functionality, the script requires permission to import DLLs, which should be available on computers running the Windows operating system.
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 Start External Process
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 the initiation of any arbitrary external program, offering flexibility for various use cases.
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: sc t - the overall percent risk - mt4 - another powerful script for MetaTrader 4 traders.
This script enables the initiation of any arbitrary external program, offering flexibility for various use cases.Also recommended: ZZ All Quotings 0-0050: Comprehensive History Download and Integrity Tool - similar script with strong performance on MetaTrader 4.
To ensure functionality, the script requires permission to import DLLs, which should be available on computers running the Windows operating system.
Script Parameters:
- Executable Name: Specify the executable to run, including the full path if necessary.
- Command-Line Parameters: Optional; utilize switches and arguments as needed.
- Working Directory: Optional; define the working directory.
- Window Display Mode: Choose the desired application launch option.
You may also like: get comma separated things from string - excellent alternative for script users on MetaTrader 4.
Source Code
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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.