Discover how to send orders using MQL5 on the MetaTrader 5 platform in this concise tutorial. Whether you're new to coding or a seasoned trader, this guide will help you initiate automated trades quickly.
Step 1: Order-Sending Code
Use the OrderSend() function to send buy/sell orders. Specify parameters like symbol, type, lot size, and levels.
Step 2: Logical Conditions
Enhance your script with logical conditions, triggered by indicators or price, to decide when orders should be executed.
Step 3: Apply Script
Drag and drop your script onto the chart of the chosen trading pair in MetaTrader 5.
Step 4: Adjust Parameters
Customize parameters like lot size and stop loss in the pop-up window.
Step 5: Enable AutoTrading
Activate "AutoTrading" in MetaTrader 5 to enable script execution.
Step 6: Monitor and Manage
Watch as your script executes trades based on predefined conditions. Monitor and refine your strategy as needed.
Congratulations on successfully sending orders with MQL5! For more trading tips and tutorials, subscribe and stay tuned.
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