Script for pending orders at a specified time

Trading using pending orders is quite multifaceted; there is simply a huge number of strategies based on them.

The standard features of the MetaTrader trading terminal only allow you to limit the duration of a pending order.

However, sometimes you need to set the order to take effect after a certain time, meaning you need to delay the placement of a pending order.

This is done to allow the price to move a certain distance and then open a position at a more favorable price.

You can add a new feature to the trading terminal by installing scripts for placing pending Forex orders, which will set Buy Stop and Sell Stop on a specific day and at the desired time.

Initial data is often set based on the release of important news or an existing market trend.

After downloading the script, as usual, add it to the Scripts folder of your terminal, restart the terminal, and proceed to installing it on the chart.
The main settings are located on the “Output Parameters” tab

• The distance from the current price to the orders – that is, the actual price at which the orders are triggered.
• SL setting level – stop loss parameter
• TP placement level – take profit parameter
• Unique order number
• Order volume
• Time of placing orders

After you have set all the necessary parameters and clicked OK, the script's operation will be displayed in the upper left corner of the chart window:

Specifies when pending orders will be placed and how much time remains until this event.

It's simple, and most importantly, a working tool that slightly expands the capabilities of the trading platform.

Download the script for pending orders at a specified time.