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Send Pending Order

Send Pending Order — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. It places pending orders. It has 15 settings, for example Order Type (default 1), Lots (default 0.1) and Stop Loss (default 50). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.

Expert advisor · MT4 · v1.0 · Free

About Send Pending Order

Send Pending Order is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders. It has 15 settings, such as Order type, Lots and Stop loss. MQL source code included.

Files in the download: Send_Pending_Order.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Order type1( "1" - BUYSTOP BUYLIMIT, "-1" - SELLSTOP SELLLIMIT )
Lots0.1Trade size in lots
Stop loss50Stop loss distance
Take profit50Take profit distance
Slippage5Maximum slippage allowed when opening a trade
CommentOpened by scriptComment written on the orders
Magic number0Magic number that tells this EA's orders apart
Expiration shift0Bar shift (0 = current bar)
Expiration shift h0Bar shift (0 = current bar)
Buy colorLime( BUYSTOP BUYLIMIT )
Sell colorRed( SELLLIMIT SELLSTOP )
Open price line colorWhiteColour on the chart
Stop loss line colorRedStop loss distance
Take profit line colorLimeTake profit distance
Expiration line colorYellowColour on the chart

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Pending Orders · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria