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Help with sl/tp pls?
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spotfx

Biedrs kopš Apr 13, 2011  16 ieraksti Spotfx (spotfx) May 09 2011 at 13:23
Hi, looking for something that would allow me to auto set a fixed sl & tp on every trade. My entries are @ candle close instant and by time I set tp and sl price has moved on. Not a problem to edit if only one position taken but on a few different pairs simultaneously then its a pain ;)
I just want to be able to hit the buy or sell button and have an automatic 20pip stop loss and take profit attached at the same time. ie one click does it all.

I am new to MT4 so needs to be REALLY simple to set up ie idiot proof ;)

Any ideas appreciated, thanks :)

finstudio

Biedrs kopš Dec 08, 2010  36 ieraksti FinStudio (finstudio) May 11 2011 at 06:52
Here is a script 'AutoAssignSlTp.mq4' that will do what you requested.



Set the Take Profit and the Stop Loss values in pips. (e.g. TakeProfit_Pips = 20 and StopLoss_Pips = 20).


If ApplyToAllOpenPositions is TRUE, then the script will automatically apply the T/P and S/L to all open positions. If set to FALSE, it will only apply to the open positions of the current symbol.

If either value is set is 0, it will ignore that value. E.g. if TakeProfit_Pips = 0, then it will not apply the TakeProfit_Pips and likewise for StopLoss_Pips.

This script will only apply S/L and T/P if they are not set (0). If an open trade has T/P or S/L, the script ignores that order.

finstudio

Biedrs kopš Dec 08, 2010  36 ieraksti FinStudio (finstudio) May 11 2011 at 06:58
Here is the correct script.

zzzero

Biedrs kopš Jan 26, 2011  1367 ieraksti zzzero May 11 2011 at 22:26
spotfx posted: I am new to MT4 so needs to be REALLY simple to set up ie idiot proof ;)

http://gawker.com/assets/resources/2008/04/hillbilly.jpeg

n/a
spotfx

Biedrs kopš Apr 13, 2011  16 ieraksti Spotfx (spotfx) May 11 2011 at 22:54

zzzero posted:
    spotfx posted: I am new to MT4 so needs to be REALLY simple to set up ie idiot proof ;)

http://gawker.com/assets/resources/2008/04/hillbilly.jpeg



The above says so much about u as a human being ...zzzero by name... and by brain.

spotfx

Biedrs kopš Apr 13, 2011  16 ieraksti Spotfx (spotfx) May 11 2011 at 22:56

finstudio posted:
    Here is a script 'AutoAssignSlTp.mq4' that will do what you requested.



Set the Take Profit and the Stop Loss values in pips. (e.g. TakeProfit_Pips = 20 and StopLoss_Pips = 20).


If ApplyToAllOpenPositions is TRUE, then the script will automatically apply the T/P and S/L to all open positions. If set to FALSE, it will only apply to the open positions of the current symbol.

If either value is set is 0, it will ignore that value. E.g. if TakeProfit_Pips = 0, then it will not apply the TakeProfit_Pips and likewise for StopLoss_Pips.


This script will only apply S/L and T/P if they are not set (0). If an open trade has T/P or S/L, the script ignores that order.



Finstudio, thanks for your help, much appreciated. I will give this a try as soon as I have time. smiley

spotfx

Biedrs kopš Apr 13, 2011  16 ieraksti Spotfx (spotfx) May 12 2011 at 13:56
Hi Finstudio, this is great ..exactly what I wanted! grin Thank u very much!!!

zzzero

Biedrs kopš Jan 26, 2011  1367 ieraksti zzzero May 15 2011 at 20:07 (labots May 15 2011 at 20:12 )