SL-TP Price to Order Execution Price Point Calculator - MetaTrader 4 Script - MT4/MT5 Resource
It calculates the point between the order execution price and the stop loss or/and take profit price.
Beginners learn
** If the chart move is closed, the Stop Loss and Take Profit text may extend beyond the right side of the chart. To move text to the left, set Move_Text_L_or_R to a higher number.
* Regardless of whether fpips is set to [true], non-numeric symbols will default to dots.
Simple order script is here - Order with ease
Attachment download
📎 SL3TP-OE_PIP_CALC_INDY.mq4 (3.4 KB)
Source: MQL5 #10563
SL-TP Price to Order Execution Price Point Calculator - MetaTrader 4 Script Usage and Filtering Suggestions
SL-TP Price to Order Execution Price Point Calculator - 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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