MQL / Using VTS

Trade Frustration! Using the MQL function OrderSend

Using the MQL function OrderSend

Have you ever been frustrated and felt like the universe was trying to make your life difficult?
I have. I think it’s most profound when you’re trying to do something you think is simple and you just can’t get it right.

Like opening a trade on a trading platform. That should be pretty darn easy, shouldn’t it?

Well, turns out it’s not.

OrderSend is a pain in the neck.

OrderSend is the MQL function used to open a trade.

Every programming language I’ve worked with has a few of these. Unwieldy functions that are difficult to work with – and in hindsight seem like they were poorly written.

There are 3 secrets you have to know to use OrderSend correctly:

  • The stoploss and takeprofit values are price values, like 1.2345, not offsets like 20 or -50.
  •  If it’s a Buy order, the price value must be Ask. And if it’s a Sell order, the price value must be Bid.
  •  When OrderSend fails, it writes an error code to the Journal tab of the MT platform.

OrderSend has a lot parameters, and if any of them are wrong, the trade will not open. It’s so difficult that I had to create a special entry-screen for its parameters.

I actually created a new function named fnOpenOrder. It’s available in the VTS Toolbox, under the Trade menu. (You can read more about the Toolbox here: VTS-Help-Toolbox  )

The fnOpenOrder dialog makes it a little easier to open a trade. Hopefully it helps you avoid the frustration most traders experience when they work with OrderSend.

You can read all about fnOpenOrder here: VTS-Help-fnOpenOrder

Also you can see it in action at the 5:52 mark in the EA Wizard Video.

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