Functions to simplify work with orders
Info
The Functions to simplify work with orders is a Library for MetaTrader 5 that this is a class that will allow to open, close and modify your position by placing orders with really simple commands and configuration: buy(), sell(), close(), modify(). It has never been so easy.
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 Functions to simplify work with orders
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
This is a class that will allow to open, close and modify your position by placing orders with really simple commands and configuration: Buy(), Sell(), Close(), Modify().
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: Free Fuzzy Logic Library functions - another powerful library for MetaTrader 5 traders.
This is a class that will allow to open, close and modify your position by placing orders with really simple commands and configuration: Buy(), Sell(), Close(), Modify().
Also recommended: Hash functions library - similar library with strong performance on MetaTrader 5.
It has never been so easy! :)
Sample:
#include <K_Orders.mqh>
input
int
TP =
70
;
input
int
SL =
20
;
input
double
Lots=
0.2
; Order order;
//+------------------------------------------------------------------+
//| Script program start function |
//+------------------------------------------------------------------+
void
OnStart
() {
//--- set default values
order.SetLots(Lots); order.SetMagic(
123
); order.SetSL_inPoints(SL); order.SetTP_inPoints(TP); order.SetComment(
"MyExpert"
); order.Buy();
// Buy
order.Sell();
// Close buy order
order.Buy();
// Buy again
// order.SetSL_inPrice(1.26685); // Specify StopLoss value in "Price"
order.SetTP_inPoints(
30
);
// Specify TakeProfit value in "Points"
order.Modify();
// Do the modification
order.Close_Volume(
0.1
);
//Close half from 0.2 volume order
order.Close();
//Close the rest
}
You may also like: Statistics. mqh Functions - 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.