IDT trading scripts - script for MetaTrader 4
There are some scripts in zip archives which could be very usefull in intraday trading. With them you can respond on market changes very quickly :
IDT_buy_order
IDT_buy_limit
IDT_sell_order
IDT_sell_limit
These scripts set up values of take profit and stop loss automatically according to predefined values in global variables.
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IDT_close_profit_positions - This script closes all profit positions.
IDT_more_profit - This script adds in all profit positions one point to take profit value.
IDT_variables - This script sets up global variables. You need it to run only first time.
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IDT_library - Contains all necessary scripts.
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How to install :
1) Load IDT_library.ex4 and IDT_library.mq4 into \experts\libraries directory.
2) Load IDT_library.mqh into \experts\include directory.
3) Load rest of files into \experts\scripts directory.
4) In menu Terminal Settings — Expert Advisors Allow live trading and Allow DLL imports.
5) Run script IDT_variables.
6) Set up hot keys for IDT scripts.
7) Set up global variable according to you wish.
GLOBAL VARIABLES :
profit = take profit(close position) when price is higher/deeper about profit points
lost=stop loss(close position) when price is higher/deeper about lost points
expiration=pending order expires in .... minutes
maxrisk=maximum risk in % of your account
skip=place pending order about skip value below or above buy/sell price (it is difference between actual and expected future price)