MetaTrader 5 Script | Pending orders UP 📈 MT4 & MT5 Downloads

MetaTrader Experts, Indicators, Scripts and Libraries

The "Pending orders UP" script sets a grid of orders above the current price.

Input Parameters

Gap for pending orders UP from the current price (in pips) - the distance from the current price to place the first pending order.
Step between orders UP (in pips) - distance between pending orders.
Type of pending orders UP - the type of the pending order (can be either Buy Stop or Sell Limit).
UP 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 08:50:22.246 Scripts script Pending orders UP (AUDCAD,Daily) loaded successfully
2017.08.28 08:50:24.095 Trades  '6121033': buy stop 0.01 AUDCAD at 0.99262 sl: 0.99011 tp: 0.99462
2017.08.28 08:50:24.095 Trades  '6121033': buy stop 0.01 AUDCAD at 0.99412 sl: 0.99161 tp: 0.99612
2017.08.28 08:50:24.095 Trades  '6121033': buy stop 0.01 AUDCAD at 0.99562 sl: 0.99311 tp: 0.99762
2017.08.28 08:50:24.096 Trades  '6121033': buy stop 0.01 AUDCAD at 0.99712 sl: 0.99461 tp: 0.99912
2017.08.28 08:50:24.096 Trades  '6121033': buy stop 0.01 AUDCAD at 0.99862 sl: 0.99611 tp: 1.00062
2017.08.28 08:50:24.097 Scripts script Pending orders UP (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 08:50:24.095):

2017.08.28 08:50:22.246 Scripts script Pending orders UP (AUDCAD,Daily) loaded successfully
2017.08.28 08:50:24.095 Trades  '6121033': buy stop 0.01 AUDCAD at 0.99262 sl: 0.99011 tp: 0.99462
2017.08.28 08:50:24.095 Trades  '6121033': buy stop 0.01 AUDCAD at 0.99412 sl: 0.99161 tp: 0.99612
2017.08.28 08:50:24.095 Trades  '6121033': buy stop 0.01 AUDCAD at 0.99562 sl: 0.99311 tp: 0.99762
2017.08.28 08:50:24.096 Trades  '6121033': buy stop 0.01 AUDCAD at 0.99712 sl: 0.99461 tp: 0.99912
2017.08.28 08:50:24.096 Trades  '6121033': buy stop 0.01 AUDCAD at 0.99862 sl: 0.99611 tp: 1.00062
2017.08.28 08:50:24.097 Scripts script Pending orders UP (AUDCAD,Daily) removed
2017.08.28 08:50:24.169 Trades  '6121033': accepted buy stop 0.01 AUDCAD at 0.99262 sl: 0.99011 tp: 0.99462
2017.08.28 08:50:24.170 Trades  '6121033': order #164991202 buy stop 0.01 / 0.01 AUDCAD at market done in 107.907 ms
2017.08.28 08:50:24.170 Trades  '6121033': accepted buy stop 0.01 AUDCAD at 0.99412 sl: 0.99161 tp: 0.99612
2017.08.28 08:50:24.174 Trades  '6121033': order #164991203 buy stop 0.01 / 0.01 AUDCAD at market done in 78.513 ms
2017.08.28 08:50:24.174 Trades  '6121033': accepted buy stop 0.01 AUDCAD at 0.99562 sl: 0.99311 tp: 0.99762
2017.08.28 08:50:24.175 Trades  '6121033': order #164991204 buy stop 0.01 / 0.01 AUDCAD at market done in 79.283 ms
2017.08.28 08:50:24.175 Trades  '6121033': accepted buy stop 0.01 AUDCAD at 0.99712 sl: 0.99461 tp: 0.99912
2017.08.28 08:50:24.175 Trades  '6121033': accepted buy stop 0.01 AUDCAD at 0.99862 sl: 0.99611 tp: 1.00062
2017.08.28 08:50:24.175 Trades  '6121033': order #164991205 buy stop 0.01 / 0.01 AUDCAD at market done in 79.516 ms
2017.08.28 08:50:24.175 Trades  '6121033': order #164991206 buy stop 0.01 / 0.01 AUDCAD at market done in 79.565 ms

The time when placing of the last pending order was confirmed is 2017.08.28 08:50:24.175. Totally, all operations took as little as 80 milliseconds!

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;
     }
//---