AS Q Order Executor: Advanced Order Execution for MT5
Info
The AS Q Order Executor: Advanced Order Execution for MT5 is a Library for MetaTrader 5 that as q order executor features: - automatic retry logic with configurable maximum attempts and delay. - Requote handling with a separate retry path distinct from rejections.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Libraries folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use AS Q Order Executor: Advanced Order Execution for MT5
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
AS Q Order Executor FEATURES: - Automatic retry logic with configurable maximum attempts and delay.
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Library works on MetaTrader 5. Place the file in the MQL5/Libraries folder and restart the terminal.
Description & Settings
Related: Simplified Order Management Class for MT4/MT5 - another powerful library for MetaTrader 5 traders.
AS Q Order Executor FEATURES:- Automatic retry logic with configurable maximum attempts and delay.
Also recommended: n Close Orders - similar library with strong performance on MetaTrader 5.
- Requote handling with a separate retry path distinct from rejections.- Slippage calculation in pips with violation detection.
- Auto-normalization of Stop Loss (SL) and Take Profit (TP) against the broker's stop level.
- Auto-detection of fill policy (FOK, IOC, RETURN).
- Comprehensive execution statistics: success rate, average slippage, average execution time, and total volume.
- Supports market orders (Buy/Sell) and pending orders (Limit/Stop, Buy/Sell).
- Robust position management: close, partial close, modify SL/TP, and close all positions by magic number.
- Human-readable result codes covering 10 distinct execution states.
- Optional verbose logging for detailed debugging.
DEMO EA INCLUDED:
Attach the included Demo EA to any chart for a live demonstration.
- Dashboard with BUY, SELL, and CLOSE ALL action buttons.
- Real-time execution statistics with color-coded metrics.
- Success rate gauge: Green (>=95%), Amber (>=80%), Red (<80%).
- Displays total attempts, successful executions, rejections, requotes, timeouts, and slippage violations.
- Shows average and maximum slippage in pips, average execution time in milliseconds, and total volume executed.
- RESET button to clear statistics during a session.
USAGE EXAMPLE:
#include "ASQ_OrderExecutor.mqh"
CASQOrderExecutor exec;
exec.Initialize(_Symbol, 20260417);
exec.SetMaxRetries(3);
exec.SetMaxSlippage(30);
exec.SetVerboseLogging(true);
ENUM_ASQ_EXEC_RESULT result = exec.Buy(0.10, sl, tp, "Strategy A");
if(result == ASQ_EXEC_SUCCESS) Print("Executed at ", exec.GetStats().avgSlippagePips, " pips slip");
exec.CloseAllByMagic();
Place both files (ASQ_OrderExecutor.mqh and ASQ_OrderExecutor_Demo.mq5) in the same MQL5 folder for instant compilation.
FILES:
- ASQ_OrderExecutor.mqh: Library (960 lines)
- ASQ_OrderExecutor_Demo.mq5: Demo EA (334 lines)
Compatible with MetaTrader 5, all brokers, all instruments, and all timeframes. This is a free and open-source library comprising 1,294 lines of production MQL5 code.
You may also like: n Modify Orders - excellent alternative for library users on MetaTrader 5.
⚠ 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.