Scripts for working on Forex
The metatrader 4(5) trading terminal has many additional functions, but for comfortable work you still need to use additional forex scripts. These programs can significantly facilitate trading, and therefore increase its efficiency. They do not perform trend analysis and do not provide trading signals, but only add some functions to the operation of the trader’s terminal.
Forex scripts - allow you to place pending and instant orders using the mouse, close all orders with one click, calculate the level without loss, manage already open positions, and also provide a lot of other opportunities. All presented programs are absolutely free; by selecting the necessary program, you can download it on our website.
Installing the script - download the required file to your computer, unpack the archive and add the program file to the expert/scripts folder located in the metatrader 4 installation location.
List of scripts available for download:
1. Automatic installation of pending orders - places two buy-stop and sell-stop orders; if desired, you can set the direction of the transaction.
2. Closing profitable orders - a pretty good Forex script for automatically closing all profitable orders as soon as the profit reaches the required level.
3. Closing all unprofitable positions - triggering a stop allows you to avoid losses.
4. Determination of the level without loss - automatically determines the level after which the position begins to make a profit.
5. Setting pending orders with the mouse - the simplest option for placing pending Forex orders, using a template or using the mouse.
6. Forex lot calculation - automatically calculates the lot according to the specified parameters of the level of security of the transaction, taking into account the balance of funds and all open transactions.
7. Forex margin calculation - shows how much money is needed to open a 0.1 lot deal on any currency pair. Easy installation and no settings.
8. Closing all orders is a simple and effective tool, one click of the mouse and all open transactions are instantly closed.
9. Forex trading risk script - as is already clear from the name of the program, it calculates the risk based on your basic settings and displays the recommended transaction size and stop orders.
10. Calculation of market volatility - the easiest way to find out everything about price movement over a selected time period is to install this script.
11. Script for trailing stop - automatic installation on any number of open positions.
In the future, the library of scripts on our website will be constantly updated as they are tested and added to the site.