Scalp All
This software component for MetaTrader 5 is built to enhance the capabilities of your trading environment. 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 Scalp All
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
Two variations are available;
[ScalpAll]
this script opens random positions with multiple symbols on marketwatch.
take-profit and stop-loss levels are calculated by multiplying current spread with "Take Profit Ratio" and "Stop Loss Ratio" respectively.
count of trades to be opened can be limited by "Maximum Trades".
only symbols having spread below "Maximum Spread" are considered.
[ScalpRandom]
this script opens a random position with single symbol that is selected randomly on marketwatch.
take-profit and stop-loss levels are calculated in same way with ScalpAll. maximum spread limitor is also available.
[CloseScalps]
this script closes scalping positions tagged with magic number 999.
only positions in profit can be closed by setting relevant input to true.