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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



Comentarios 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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Filtro:
Moonbreaker
29
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
Respuesta del desarrollador 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
Respuesta al comentario
Versión 4.2 2024.09.07
Updated Spread calculation
Versión 4.1 2024.09.01
Updated the maximum spread calculation when auto is selected.
Versión 4.0 2024.08.21
Update:

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

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

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

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

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