4click Trade Opener
This is a powerful addition to your MetaTrader 5 toolkit designed to optimize market analysis and performance. This script functions as a utility program designed for specific, one-time execution tasks. It is utilized to perform targeted actions, such as closing all open orders, managing chart objects, or executing custom administrative commands on demand.
How to Setup and Use 4click Trade Opener
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.
Description & Settings
Trade with no need to calculate lot size! This script calculates the proper lot size and opens the position(s) for you.
Set risk percent or risk amount of your equity and other parameters in script source code and compile it, then:
First click: Open a trade with minimum lot size that broker allows to opening an order (use buy & sell buttons of trade panel on top left corner of charts)
Second and third clicks: drag SL and TP lines to your wanted prices on the chart
Forth click: drag and drop script on the chart. Script calculates the lot size and opens position(s) for you.
Parameters:
Risk Percent (like 2% of equity)
Risk Amount (like 100$)
Minimum Lot Allowed by Broker to open Orders (generally 0.01 or 0.1)
Number of Positions (You can split your risk between more than one positions to set different TPs for them)
Max order slippage(deviation)
Script calculates the size of the min lot position that you opened and sets remaining lot size based on SL line that you defined on the chart.
