set Take Profit and Stop Loss in advance
On MT5 is it possible to set Take Profit and Stop Loss in advance. ideal for scalping. if i want my profit to be $20 and my loss to be $5 defined by default. iam thinking here of ATM Strategy on Ninjatrader. where everything can be configured and stored in a template. it's really surprising that there is no such possibility on MT5. THANK
- Is it possible to change the default trailing stop loss levels on Metatrader 4 ?
- EA M series, for EURJPY, based on OZfx
- One Take profit for multiple positions
HICHAM MOSSADDEQ: On MT5 is it possible to set Take Profit and Stop Loss in advance.
Yes it is possible.
- Basic Principles - Trading Operations - MetaTrader 5 Help
- Executing Trades - Trading Operations - MetaTrader 5 Help
HICHAM MOSSADDEQ: iam thinking here of ATM Strategy on Ninjatrader. where everything can be configured and stored in a template.
You can create your own trading assistant in the MQL language.
You may find some examples with source code in the CodeBase section:
- For example, a Codebase search with keywords "trade panel" — https://www.mql5.com/en/search#!keyword=trade%20panel&module=mql5_module_codebase
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