Pending orders DOWN - script for MetaTrader 5

Pending orders DOWN – script MetaTrader 5

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The “Pending orders DOWN” script sets a grid of orders below the current price.

Input Parameters

  • Gap for pending orders DOWN from the current price (in pips) – the distance from the current price to place the first pending order.
  • Step between orders DOWN (in pips) – distance between pending orders.
  • Type of pending orders DOWN – the type of the pending order (can be either Buy Limit or Sell Stop).
  • DOWN quantity – the number of orders to be placed.
  • Lots – the volume of each order.
  • Stop Loss (in pips) – Stop Loss value.
  • Take Profit (in pips) – Take Profit value.

The script ensures the fastest possible sending of trade requests to place pending orders due to the use of the asynchronous mode of trading operations:

   m_trade.SetAsyncMode(true);

Here is an example of sending requests for five pending orders:

2017.08.28 09:00:30.227 Scripts script Pending orders DOWN (AUDCAD,Daily) loaded successfully
2017.08.28 09:00:35.272 Trades  '6121033': sell stop 0.01 AUDCAD at 0.98893 sl: 0.99143 tp: 0.98693
2017.08.28 09:00:35.272 Trades  '6121033': sell stop 0.01 AUDCAD at 0.98743 sl: 0.98993 tp: 0.98543
2017.08.28 09:00:35.273 Trades  '6121033': sell stop 0.01 AUDCAD at 0.98593 sl: 0.98843 tp: 0.98393
2017.08.28 09:00:35.273 Trades  '6121033': sell stop 0.01 AUDCAD at 0.98443 sl: 0.98693 tp: 0.98243
2017.08.28 09:00:35.273 Trades  '6121033': sell stop 0.01 AUDCAD at 0.98293 sl: 0.98543 tp: 0.98093
2017.08.28 09:00:35.274 Scripts script Pending orders DOWN (AUDCAD,Daily) removed

Five orders were sent in 1 millisecond!

Here is the full report, from the script start to its removal (the time of first order sent was 2017.08.28 09:00:35.272):

2017.08.28 09:00:30.227 Scripts script Pending orders DOWN (AUDCAD,Daily) loaded successfully
2017.08.28 09:00:35.272 Trades  '6121033': sell stop 0.01 AUDCAD at 0.98893 sl: 0.99143 tp: 0.98693
2017.08.28 09:00:35.272 Trades  '6121033': sell stop 0.01 AUDCAD at 0.98743 sl: 0.98993 tp: 0.98543
2017.08.28 09:00:35.273 Trades  '6121033': sell stop 0.01 AUDCAD at 0.98593 sl: 0.98843 tp: 0.98393
2017.08.28 09:00:35.273 Trades  '6121033': sell stop 0.01 AUDCAD at 0.98443 sl: 0.98693 tp: 0.98243
2017.08.28 09:00:35.273 Trades  '6121033': sell stop 0.01 AUDCAD at 0.98293 sl: 0.98543 tp: 0.98093
2017.08.28 09:00:35.274 Scripts script Pending orders DOWN (AUDCAD,Daily) removed
2017.08.28 09:00:35.340 Trades  '6121033': accepted sell stop 0.01 AUDCAD at 0.98893 sl: 0.99143 tp: 0.98693
2017.08.28 09:00:35.341 Trades  '6121033': order #164992356 sell stop 0.01 / 0.01 AUDCAD at market done in 68.657 ms
2017.08.28 09:00:35.341 Trades  '6121033': accepted sell stop 0.01 AUDCAD at 0.98743 sl: 0.98993 tp: 0.98543
2017.08.28 09:00:35.342 Trades  '6121033': order #164992357 sell stop 0.01 / 0.01 AUDCAD at market done in 69.645 ms
2017.08.28 09:00:35.342 Trades  '6121033': accepted sell stop 0.01 AUDCAD at 0.98593 sl: 0.98843 tp: 0.98393
2017.08.28 09:00:35.343 Trades  '6121033': order #164992358 sell stop 0.01 / 0.01 AUDCAD at market done in 70.006 ms
2017.08.28 09:00:35.343 Trades  '6121033': accepted sell stop 0.01 AUDCAD at 0.98443 sl: 0.98693 tp: 0.98243
2017.08.28 09:00:35.343 Trades  '6121033': order #164992359 sell stop 0.01 / 0.01 AUDCAD at market done in 70.346 ms
2017.08.28 09:00:35.343 Trades  '6121033': accepted sell stop 0.01 AUDCAD at 0.98293 sl: 0.98543 tp: 0.98093
2017.08.28 09:00:35.343 Trades  '6121033': order #164992360 sell stop 0.01 / 0.01 AUDCAD at market done in 70.312 ms

The time when placing of the last pending order was confirmed is 2017.08.28 09:00:35.343. Totally, all operations took as little as 71 milliseconds!

Alternative:   NxBreakout - indicator MetaTrader 5

At the beginning of script operation, the correctness of the specified volume of pending orders is checked:

//+------------------------------------------------------------------+
//| Script program start function                                    |
//+------------------------------------------------------------------+
void OnStart()
  {
//---
   if(InpLots<=0.0)
     {
      Print("The \"Lots\" can't be smaller or equal to zero");
      return;
     }
//---
   if(!m_symbol.Name(Symbol())) // sets symbol name
      return;
   if(!RefreshRates())
      return;

   string err_text="";
   if(!CheckVolumeValue(InpLots,err_text))
     {
      Print(err_text);
      return;
     }
//---


Pending orders DOWN – script MetaTrader 5
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