stop loss and take profit levels if it is favorable to the open position on metatrader 4 - mql Modify Open betfootball.website4. Print("Error in OrderModify. betfootball.website › phpBB3 › viewtopic. Modifying of the current position consists in setting of new levels of Stop Loss or Take Profit attached to it. To modify a position, one has to. UNRATED SECURITIES DEFINITION INVESTING

Why Modify Order? Why would you want to change an order using MQL4 code? Here are some examples: Trailing stop is, maybe, one of the most popular reasons — you move the stop-loss price when the price moves in the direction of your order. Moving a take-profit price — usually, done together with a trailing stop. Change the expiration date of a pending order to extend it or to set the expiry close to some news event.

Change the open price of a pending order in case of a change in market conditions. MQL4 OrderModify Example In this example, you are going to see how a script can set a stop-loss and take-profit price for each order without stop-loss for given a currency pair.

Here is the code: property copyright "EarnForex. Sleep will wait X milliseconds before proceeding with the code. Moreover, some expert advisors actually exist to only do that. We are not financial consultants and we can't push you to risk your money. We are just trying to find good market analysis solutions from different strategies to help our community. Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum.

In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee.

Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.

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