Script for setting the pending STOP orders. Stoploss = 0, // SL level, if 0, then SL is not set Takeprofit = 10, // level of TP setting, if 0, then TP is not set Delta = 12, // distance from current price MaxOrders = 10, // number of grid orders Magic = 123; // unique order number SELL = true, // open the SELLSTOP order BUY = true; // open the BUYSTOP order Lot = 0.01; // order volume
What's Different between Indicator, Script, And EA On Metatrader? all its functions are the same. indicators are as a tool to analyze the market. there are Moving avarage, bolinger band and others. While the script works to open and close our order. Expert advisors are commonly known as trading robots. if we activate he will BUY and sell and close itself.
