Script set 2 stop orders – two pending orders.

This version of the script is an assistant for placing pending orders in two directions at once.

Can be used for trading both on a breakout strategy and on a trend rebound.

Allows you to immediately set all the necessary indicators of stop orders, the volume of planned transactions, the value of take profit and stop loss, and the direction of a pending order.

In my opinion, the script is a little inconvenient to use, but perhaps someone will be able to use it more effectively.

Places buy-stop and sell-stop orders, so correctly assess the existing Forex trend.

Installation is carried out as usual, by copying the file to the scripts directory of the metatrader 4 terminal.

Setup.

After installation, you should restart the trader's terminal and open the pending order script settings window.

There are two tabs for settings.

Are common:

The direction of the transaction is long and short, only short, only long, we choose depending on which pending orders we will place.

Allow signals - check the box.

Automatic trading - allow the advisor to trade, check the box and manual confirmation - also check the box.

Input parameters.

Lots – the volume of future transactions in lots.

Stop-loss – the value of the stop loss order depending on your strategy.

Take-Profit – the planned amount of profit at which the order will be closed.

Distance set – distance to the current price in points.

Slippage – slippage size at which the open order will still be triggered.

In addition, the pending orders script also has a sound that squeaks unpleasantly when used.

Download the set 2 stop orders script.