Market / MetaTrader 4 / Utilities /

MultiLimitStop EA Demo

FREE

Published: 20 June 2017

Current version: 2.20

MultiLimitStop EA Demo

Utilities
Siti Latifah
Version: 2.20
Updated: 19 April 2022

This EA (TRIAL VERSION) is designed for automatic placing of pending orders (sell limit, buy limit, sell stop, buy stop) including Stop Loss & Take Profit levels (editable) with only one button click. This EA can make order multi pending level / pending orders grid.

So, with this EA placing pending orders will be faster, more accurate and more efficient.

Main Purposes

Automation Pending orders grid style trading.
Automation of the process of placing the Pending Orders:

fast
accurate
efficient

Automation of close Orders / Pending Orders.
Manage orders like Delete Pending, Close All, Close buy only, Close sell only.
Avoiding unwanted triggering of Placing Pending, Stop Loss, Take Profit in case the broker's stop level is different than usual.
Make work easier and faster.

EA Input Parameters

Lots - default is 0.01.
Inc_Lots - to increase lot when placing more than one order, default is 0.01. If 0, lot does not increase.
MaxOrder - max order per click button, default is 5.
Distance - distance from the current price to place the first order, default is 15.
Step - distance between order to next order / next level, default is 20.
TakeProfit - Take Profit level in units of the price chart, default is 10.
StopLoss - Stop Loss level in units of the price chart, default is 0.
Check Margin - True = EA will calculate margin required to using lots, False = EA will ignore calculation
UseTrailing - True = Trailing will be activated, False = Trailing Off.
TrailingStart - after profit x points TailingStop will start work
TrailingStop - distance point to set TrailingStop (stoploss) from running price
MagicNumber - used to identify the orders made by this EA, default is 0.
SC_Comment - comment made by this EA, you can input anything.
Color1 - color of displayed info.
Color2 - color of displayed info.

For full version please go to https://www.mql5.com/en/market/product/22747

more...

378

Abbey166 2023.04.18 00:22 #

Can be useful for sharp situation

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378

Abbey166 2023.04.18 00:22 #

Can be useful for sharp situation

5135

Ali irwan 2017.07.25 14:42 #

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Version 2.20 2022.04.19

Reposition the buttons.

Version 2.0 2018.04.05

EA Input Parameters
Check Margin - if True, the EA will calculate margin required to using lots; if False, the EA will ignore calculation.
UseTrailing - if True, Trailing will be activated; if False, Trailing will be disabled.
TrailingStart - after profit x points Trailing Stop will start work.
TrailingStop - distance in points from the current price to set Trailing Stop (stop loss).

Version 2.0 - 2018.04.02
Update Product (2018.03.27):
1. Added Trailing Stop
2. Profit info on display
3. Button for average TP
Example: there any 2 or more Buy positions with different take profit levels.
When you push the avgTP button, it will make all take profits levels have the same price (1 take profit level).
It will make the average take profit for the open positions (not pending orders).