Long Positions - MetaTrader 5 Scripts | Trading Script Downloads - MT4/MT5 Resources - MetaTrader 5 Resources
A simple script that allows you to open a Long position using the current price location with a specified Risk Percentage and Reward Ratio.
It's very simple, drag the script onto the chart and the inputs for changing the risk percentage and reward rate will pop up, you can change these values if you wish, click the "OK" button and the trade will be executed.
If it fails, check the Experts tab to see why the order failed. The script has a risk percentage limit of 20%. That's it...enjoy!
Attachment download
📎 buy.mq5 (4.33 KB)
Source: MQL5 #1854
Long position - MetaTrader 5 script | Trading script download - MT4/MT5 resources - MetaTrader 5 resource usage and screening suggestions
This content can be used as a data entry for foreign exchange EA, indicators, trading systems or quantitative strategies. When reading, it is recommended to make a judgment based on the platform version, trading type, time period, risk control method and historical discussion background. Do not use it directly based on the title or a single point of view.
If the content involves MT4/MT5, ForexFactory, MQL source code, TradingView indicators or strategy discussions, you can give priority to the parameter logic, backtest environment, market stage, execution cost and failure conditions, and then decide whether to continue downloading, reviewing or secondary development.
Risk warning
For any EA, indicator or automatic trading strategy, it is recommended to first conduct historical backtesting, simulation account verification and small capital testing. Grid, Martin, high frequency, recovery and examination strategies especially require setting the account risk upper limit, single variety risk upper limit and manual deactivation conditions.
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