Posts tagged: indicator forex

Script For Take Profit, Stop loss & Close All Position on MT4

Are you using MT4 platform ? ok now I’ll share a script, this script works  for automatic execution, so the moment you entry position, automatically will adjust TP & SL. And I will share a script for close all position, please download this script here, don’t forget password is makepipsnow.com
Follow the instructions below to run this script :

  1. If you already download, please extract, don’t forget password is makepipsnow.com
  2. please copy paste all file in the indicators folder to :                 C:\Program Files\MetaTrader\experts\scripts
  3. Please restar your meta trader, look at the navigator window on your MT4, and  the script menu you’ll see it.

Note : for script sell and buy, I set TP 50 pips & SL about 100 pips, and volume about 1 lots. You can change it on MT4 or meta editor, please look pic below :

If you want change volume, you can change on lots, profit made (take profit) loss limit (stop loss), ok enjoy…

Disclaimer : Forex trading is a type of investment business is very promising with a very high yield, but it can not be separated from the high risk, can even spend your capital. all the risks in forex trading can be minimized by analysa and good knowledge, then, before you enter in foreign exchange trading business we recommend that you study in advance of this business to obtain a highly profitable trading system and profitable for you. for it is always wise with your capital, and be careful with the types of investments that you currently live.