Start External Process
Info
The Start External Process is a Script for MetaTrader 4 that this script allows you to start any arbitrary external program. Use it as-is or as a starting point for something amazing.
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 allows you to start any arbitrary external program.
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: Open Alert - another powerful script for MetaTrader 4 traders.
This script allows you to start any arbitrary external program. Use it as-is or as a starting point for something amazing.
In order for this script to work, you will have to allow it to import DLLs. The DLL should be present in computers running the windows operating system.
Also recommended: Reverse Trades For All Symbols Script - similar script with strong performance on MetaTrader 4.
Script ParametersExecutable name
- The executable to run. Include the full path to it if you have to.
Commandline parameters
- Optional, you can use switches and arguments here.
Working directory
- Optional, specify the working directory.
Window display mode
- Set the option for how you want the application to launch.
You may also like: Open chart - excellent alternative for script 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.