Experts: EA Stop Order

 

EA Stop Order:

The Expert Advisor places a grid of pending Buy Stop and Sell Stop orders.

Input Values

  • Profit purpose (in money) - profit target in money;
  • Use Buy stop - enable/disable Buy Stop orders;
  • Use Sell stop - enable/disable Sell Stop orders;
  • Maximum pending orders - the maximum number of orders of each type;
  • StopLoss ("0" -> off);
  • TakeProfit ("0" -> off);
  • Distance from current price - distance from the current price;
  • Lots - the lot size of the first order;
  • Lot Ratio - lot increase ratio; if you do not want to increase lot, set the parameter to 1.0;
  • magic number - unique identifier for the EA.

Example of testing in the "Every tick based on real ticks" mode on EURUSD:

EA Stop Order

Author: Vladimir Karputov

EA Stop Order
EA Stop Order
  • www.mql5.com
The Expert Advisor places a grid of pending Buy Stop and Sell Stop orders. When the profit reaches or exceeds Profit purpose, all positions are closed and all pending orders are deleted. After that the cycle is repeated anew. Input Values Profit purpose (in money) - profit target in money; Use Buy stop - enable/disable Buy Stop orders; Use...
 
hello i have a question, i would like to don't increase lots in your "EA Stop Order - expert for MetaTrader 5" but i am trying with 1.0 or 0 or 1 seetting but in strategy tester does not allow me to don't increase lot can you help me ? thank you
 
juju06 :
hello i have a question, i would like to don't increase lots in your "EA Stop Order - expert for MetaTrader 5" but i am trying with 1.0 or 0 or 1 seetting but in strategy tester does not allow me to don't increase lot can you help me ? thank you

Current version: 1.003.

What version do you use?

 
Vladimir Karputov :

Version actuelle: 1.003.

Quelle version utilise-tu?

I am using this version, the 1.003
 
juju06 :

I can not understand you: I do not understand WHAT YOU WANT TO DO?

Use these parameters:

  • Lots - the lot size of the first order;
  • Lot Ratio - lot increase ratio; if you do not want to increase lot, set the parameter to 1.0;
 
Vladimir Karputov:

Je ne peux pas vous comprendre: je ne comprends pas CE QUE VOUS VOULEZ FAIRE?

Utilisez ces paramètres:

  • Lots  - la taille du lot de la première commande;
  • Ratio de

i put 1.0 but the price  is still growing. i would like only 0.01 orders (buy and sell stops)

 
juju06:

i put 1.0 but the price  is still growing. i would like only 0.01 orders (buy and sell stops)

Use:

  • Lots - the lot size of the first order;
  • Lot Ratio - lot increase ratio; if you do not want to increase lot, set the parameter to 1.0;
 
Hello Vladimir..... How are you, i sometime use your free EA which i downloaded it here on this web community. One question, will your EA Stop Order work on a live account?? 
 
Vladimir Karputov #:

Use:

  • Lots - the lot size of the first order;
  • Lot Ratio - lot increase ratio; if you do not want to increase lot, set the parameter to 1.0;
But with  1.0: it's added 1 basic lot at each level. You could try 0.1, this neutralize the addition or multiplication.
 

Hello Vladimir,

Thanks for your expert this help me to fill order properly. I also have a question: could you please add the limit orders. We can select sell or buy orders and we get x levels above and bellow the current price in order to capt the rebound with big moves.

 
Olivier Cerf # :

Hello Vladimir,

Thanks for your expert this help me to fill order properly. I also have a question: could you please add the limit orders. We can select sell or buy orders and we get x levels above and bellow the current price in order to capt the rebound with big moves.

Please search the CodeBase - I think you will find pending limit orders as well.