type pending order triggered
Info
The type pending order triggered is a Expert Advisor for MetaTrader 5 that the expert advisor shows an example of how to solve the following problem: how to determine the moment when a pending order has triggered. how the expert advisor works: in the () function, we wait for a transaction of type "":once we "catch" such a transaction, we immediately use the "bln_find_order" flag to search for an order and assign the order ticket to the "ul_find_order" variable:in ontick(), we always check the state of the "bln_find_order" flag; as soon as the flag is equal to true, we start to search for the order.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use type pending order triggered
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
the expert advisor shows an example of how to solve the following problem: how to determine the moment when a pending order has triggered.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: pending orders by time - another powerful expert for MetaTrader 5 traders.
the expert advisor shows an example of how to solve the following problem: how to determine the moment when a pending order has triggered?
Also recommended: e-skoch pending orders - similar expert with strong performance on MetaTrader 5.
how the expert advisor works: in the () function, we wait for a transaction of type "":once we "catch" such a transaction, we immediately use the "bln_find_order" flag to search for an order and assign the order ticket to the "ul_find_order" variable:
in ontick(), we always check the state of the "bln_find_order" flag; as soon as the flag is equal to true, we start to search for the order.
first we try to find the order by ticket
if the attempt succeeds (which means that the order has already been written to history), we determine the order type. in order to access the property of an order from the trade history, use
historyordergetinteger
.
You may also like: pending orders by time 2 - excellent alternative for expert users on MetaTrader 5.
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.