quick script to browse signals, searching for your own parameters
Info
The quick script to browse signals, searching for your own parameters is a Script for MetaTrader 5 that simple script to help selecting a signal based on parameters. user will input the parameters and the script will look up the signals base, 1 by 1 to find the matches.
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 quick script to browse signals, searching for your own parameters
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
simple script to help selecting a signal based on parameters.
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: transaction cost collector: a script for accurate broker cost profiling - another powerful script for MetaTrader 5 traders.
Also recommended: mql5 self-generating script - similar script with strong performance on MetaTrader 5.
simple script to help selecting a signal based on parameters.user will input the parameters and the script will look up the signals base, 1 by 1 to find the matches.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
#property script_show_inputs
input double minroi=0; //minimum acceptable roi
input double maxdrawdown=10; //max acceptable drawdown
input double mingain=50; //min acceptable gain
input double maxprice=50; //max acceptable price
input datetime startedbefore="2019.01.01"; //signals started on or before.......
⚠ 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.