Pending Order Grid - MetaTrader 4 Expert | Grid EA Download - MT4/MT5 Resources - MetaTrader 5 Resources

The EA opens the Buy Stop and Sell Stop grids at a specified distance from the price. It is not a fully automatic EA. You need to reset every once in a while.

Available for all currency pairs and time frames. Feel free to use it, but keep in mind that this is not a fully operational EA that can be run independently.

The pending order grid is based on the Haroun Boutamanis anti-weak EA , but has undergone significant changes. The original code used limits and bought/sold against the trend, waiting for a pullback. This uses a stop loss and buy/sell with the trend. I also added TP and the option to specify the grid starting price distance. I also solved the problem of the number of trades to open.

One problem this still has is that even though it uses magic numbers, it doesn't work with multiple pairs at the same time. This is because it counts all open positions and pending orders regardless of magic. So if anyone knows how to fix it, please feel free to share or change the code.

Attachment download

📎 pending_order_grid.mq4 (11.27 KB)

Source: MQL5 #17984