CM Open 2 Stop Orders - MetaTrader 4 Script - MT4/MT5 Resources
The script runs like an Expert Advisor, but is unloaded from the memory itself once it completes its task.
At the specified time (set in the parameters), place two buy stop and sell stop orders at a certain distance from the current price (set in the parameters), with the stop loss and take profit prices in pips (set in the parameters).
When any order is triggered, the opposite order will be deleted. Next, the script completes its work.
Attachment download
📎 script_cm_open_2_stoporders.mq4 (5.68 KB)
Source: MQL5 #14590
CM Open 2 Stop Orders - MetaTrader 4 script usage and filtering suggestions
CM Open 2 Stop Orders - MetaTrader 4 Script is a resource related to trading scripts. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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