22.03.2018
Futures trading for beginners
OpenOrder - Script for MetaTrader 4
TypeScripts
PlatformMT4
Version10
Date created20 January 2016
Date updated19 August 2017
Formatmq4
Size2.8Kb
Downloads493
Rating
The script gives the trader the ability to set the permanent maximum loss for all trades. However, you can’t set a constant size of transactions, because it depends on too many factors. Before working with the script, you need to do the following:
- Set the Stop Loss line (red);
- Set the Take Profit line (green).
After these two simple steps, you can start trading using the following algorithm:
- When the green line is higher, than the red line, open the transaction for purchase;
- When the red line is higher, than green, open the deal for sale.
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