Current Next Futures
Info
The Current Next Futures is a Script for MetaTrader 5 that the script has three independent functions for determining the current (nearest) forts futures. The short name of the futures, such as br, is specified in the script parameters.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Scripts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Current Next Futures
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.
What this tool does
The script has three independent functions for determining the current (nearest) FORTS futures.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Script works on MetaTrader 5. Place the file in the MQL5/Scripts folder and restart the terminal.
Description & Settings
Related: Straddle Orders Around Current Price Level - another powerful script for MetaTrader 5 traders.
The script has three independent functions for determining the current (nearest) FORTS futures.
Also recommended: Function for checking whether the market is open for trading at the moment by the current symbol - similar script with strong performance on MetaTrader 5.
The short name of the futures, such asbr
, is specified in the script parameters.
The script outputs the full name of the previous, current and the next futures.
Using these functions, it is easy to create an Expert Advisor that will select the current futures and trade it, both in the strategy tester and on a real account.
You may also like: Alphabet structure - excellent alternative for script 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.