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Order Management Script Tool

5
============ FREE =============

Objective: To properly manage risks and quickly execute trades
  • Works on all timeframes and currency pairs
  • Quickly place a trade
  • Prevents bad entries when executing a trade by limiting max spread
  • Set your entry and stop loss at better price 
  • Set fixed risk amount/percentage per trade
  • Automatically calculate position/lot size based on risk amount/percentage
  • Set proper stop loss level by setting min and max pips

Other Tools:

https://www.mql5.com/en/market/product/60305  - Horizontal Line Alert MT4

https://www.mql5.com/en/market/product/69848  - Horizontal Line Alert EA (Push alert to telegram channel/group)

https://www.mql5.com/en/market/product/60302  - Moving Average Alert MT4

https://www.mql5.com/en/market/product/69223 - Trading Manager EA MT4

https://www.mql5.com/en/market/product/69222  - Hedging Strategy EA MT4

https://www.mql5.com/en/market/product/74089  - Advanced Moving Average Alert MT4

https://www.mql5.com/en/market/product/77073  - Fibonacci Entries

https://www.mql5.com/en/market/product/77072  - ADR Pips Meter



Reviews 1
Moonbreaker
29
Moonbreaker 2023.01.20 14:21 
 

A very handy order management script if you use the BTMM (beat the market maker) methodology.

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Fibonacci Entries
Christianiel Robles Faustino
Objective: To automatically show the Fibonacci entries from last candle. Inputs: 1.        Show/Hide the Fibonacci entries 2.        Set where the Fibonacci will draw, 0 = current, 1 = last bar … (Default = 1) 3.        Set the Fibonacci color 4.        Set the line style 5.        Set the minimum candle size automatically/manually in which the fib levels will appear 6.        Set the candle size based on ADR/X Fibonacci levels: 23.6, 38.2, 50  Other Tools: https://www.mql5.com/en/market/product
FREE
Pips Meter ADR
Christianiel Robles Faustino
Objective: To show on the chart the current pip sizes of ADR, Spread, Bars, Day, Risk Reward and Shift Candle. Inputs: Select in which corner it will be displayed Set the X position of the indicator Set the Y position of the indicator Set the Font Style Set the Font Size Set the font color of current and last bar size Set the ADR font color Set the Spread color Set the day color Show/Hide the normal maximum spread on some symbols, suggested risk reward ration and last shift candle size
FREE
Horizontal Line or Level Alert
Christianiel Robles Faustino
5 (1)
This is a Indicator that Alert if price closed above/below/touched the line. Features/Settings: Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Works on all currency pairs. Candle Size in Pips: Alert based on Candle Full length or Candle Body Select Line style/width/color Alert type: Popup, Send to Mobile MT4, Email Input notes on alert Add multiple line alerts in a single chart Refer to screenshot: 1 - Time Frame 2 - Long/Short Position 3 - Get the highest open/closed price
Hedging Strategy EA
Christianiel Robles Faustino
================== FULL VERSION ===================== Automatically hedge the open order after initially opening a trade.  Important Notes: - Hedging account is required.(Check on your broker)       - Magic no./Expert ID should be set upon placing an order.   Magic# is set per currency pair.  Use a Script/Indicator.   Try this.  Download the 'Order Management Script Tool' Trading Utility for MetaTrader 4 in MetaTrader Market (mql5.com) -   Auto Trade >>>   should be disabled on live account. It
Trading Manager Expert Advisor
Christianiel Robles Faustino
=============================== FULL VERSION ==================================== BTMM TRADING MANAGER Objective: Trading Manager EA Robot helps manage your multiple orders specially with BTMM Strategy with proper risk reward ratio. It will lessen your time to monitor your multiple trades from time to time. Trade hassle free using this tool. Important Notes: - Auto Trade will automatically send order if shift candle closed above/below the moving average. (Optional) Features: - Move stop loss aut
Horizontal Line Alert EA Utility
Christianiel Robles Faustino
This is a EA Utility that Alert if price closed above/below/touched the line. Features/Settings: Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Works on all currency pairs. Candle Size in Pips: Alert based on Candle Full length or Candle Body Select Line style/width/color Alert type: Popup, Send to Mobile MT4, Email Push Alert to Telegram Channel/Group with Chart Screenshot Input notes on alert Note: This version can only have one line alert per chart.  Refer to screenshot: 1 -
Cloud Eyes is an advanced moving average alert that   will easily monitor the price action based on set moving averages to multiple open charts.  Objective: To monitor multiple open charts and notify traders conveniently in a single display panel when using the moving averages to enter/exit a trades. Features: Monitor price action in two timeframes at the same time Supports simple, exponential, smoothed, linear weighted moving averages Trigger an alert based on candle size (full/body length) Ca
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Moonbreaker
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Moonbreaker 2023.01.20 14:21 
 

A very handy order management script if you use the BTMM (beat the market maker) methodology.

Christianiel Robles Faustino
3955
Reply from developer Christianiel Robles Faustino 2024.09.01 10:32
Thank you! Here are the other tools that you can try using the BTMM strategy. https://www.mql5.com/en/market/product/69223 - Trading Manager
https://www.mql5.com/en/market/product/74089 - Moving Average Alert for multiple charts
Reply to review
Version 4.2 2024.09.07
Updated Spread calculation
Version 4.1 2024.09.01
Updated the maximum spread calculation when auto is selected.
Version 4.0 2024.08.21
Update:

If money risk has invalid amount of lots, buy/sell at minimum lot size.
Version 3.9 2024.08.16
Updates:

Allow to select trade directions either long or short.
Version 3.8 2022.02.02
Changed:
- Max Spread applied only at Market order.
Version 3.7 2022.01.27
Fixed:
- Max Spread input value
Version 3.6 2022.01.27
Changed:
- Set value on fixed stop loss
Version 3.4 2022.01.10
Changed:
- Automate trade direction entry base on last X candle
Version 3.2 2021.12.14
Changed:
- changed assignment of expert id to support hedging.
Version 3.1 2021.12.11
Added:
- Support on other products (Indices, Metals, Commodities, Cryptocurrencies, Instruments)
Version 3.0 2021.12.10
Fixed:
- Lot Size calculation based on money risk.
Version 2.9 2021.12.10
Fixed:
- lot size calculation on other symbols
Version 2.8 2021.12.10
Changed:
- Adjust average spread on each symbols (Check if Average Spread exceed before executing orders)
Version 2.7 2021.12.09
Changed:
- changed user inputs UI
Version 2.6 2021.12.09
Fixed:
- Fixed lot size calculation on XAUUSD(Gold) and other instruments with 100 units standard-size lot.
Version 2.5 2021.12.08
Added:
- Auto generate magic number upon order to be use in EA
- Auto calculate fixed stop loss base on ADR
- Auto calculate spread based on symbol
Version 2.4 2021.07.28
- Updated demo video link
Version 2.3 2021.07.26
Change:
- Adjustment on UI inputs
Version 2.2 2021.07.26
Changed:
- Changed in user inputs
Version 2.1 2021.07.25
Changed:
- Magic number is optional
- Set pending order expiration time
Version 2.0 2021.07.13
Changed:
- Minor format changes on output messages.
Version 1.9 2021.07.12
Fixed:
- Entry at moving average
Version 1.8 2021.06.21
Version 1.8

- Added fixed stop loss, risk percentage and entry price selection
Version 1.6 2021.05.25
Version 1.6

- Select which previous candles for entry/stop loss reference(default is last candle)
Version 1.5 2021.05.20
Version 1.5
- Modified entry prices
- fixed some entry errors
Version 1.4 2021.05.13
Version 1.4
- additional entry price and take profit option
Version 1.3 2021.02.16
Fixed:

-Adjust take profit calculation based on Risk Reward ratio
Version 1.2 2021.01.10
Fixed:
- trigger alerts when order returns error
Version 1.1 2021.01.08
Minor changed:
- Risk money should have value