Simple check of open orders filter Boolean function for Expert Advisors - Expert for MetaTrader 4
A common challenge for novice developers is to enable an Expert Advisor to independently detect the presence of open orders without using the OrdersTotal() function, since this function cannot identify whether an order was opened by an EA or manually, since it returns the total amount of open orders.
With this in mind, I decided to share this very simple code. In it, I use the Comment() function to demonstrate the Check_Open_Orders function in real time.
The code is extensively explained with descriptive comments. I hope it's useful.
Attachment download
📎 check_open_orders.mq4 (6.27 KB)
Source: MQL5 #44892
Simple check of open orders filter Boolean function of Expert Advisor - MetaTrader 4 Expert usage and filtering suggestions
Simple Check Open Orders Filter Boolean Function for Expert Advisor - MetaTrader 4 Expert belongs to MT4 EA related resources. 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 only on titles or short-term profit descriptions.
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