Automated trading is here to stay, and the merits of the MQL5 language are countless, especially with the “OrderSend()” function. Today we’re going to explore just how advantageous these features are, as seen through the eyes of a seasoned trader or a budding investor on their journey through the world of MQL5. All our insight comes straight from the definitive source of MQL5, the MQL5 tutorial website.

The Power of OrderSend() in MQL5

Think of OrderSend() as your personal trading assistant. In the bustle of Wall Street, the OrderSend() function is the equivalent of the trustworthy trading floor runner, ensuring that your orders get through, even amidst all the noise.

Like a seasoned runner, OrderSend() helps to execute your buy or sell order by handling a request and a result. All you need to do is declare an MqlTradeRequest structure and set some parameters. Imagine it as if you’re whispering the order into your runner’s ear, setting the symbol to the current chart, defining the order size, and off they go, completing your order with efficiency.

Crafting a Simple Buy Order with MQL5

The world of MQL5 trading is like playing a well-tuned instrument, with the MQL5 Tutorial Basics – 12 acting as a smooth melody that demonstrates the ease of executing a simple buy order.

 

 

The MQL5 language, with the help of the “CTrade” instance, becomes the harmony to your melody. It’s as if you’re weaving a symphony, sending signals across the trading floor to execute your buy and sell functions.

Embracing the Grid System in MQL5

Trading can sometimes feel like a game of chess, strategizing multiple moves ahead. The MQL5 Tutorial Basics – 105 serves as an apt game plan for a sell grid system.

 

 

The CTrade class becomes your rook, moving smoothly across the grid of the board, and with the aid of the “trade” instance, you can execute the perfect checkmate with multiple sell positions.

Mastering the Envelopes Indicator with MQL5

The Simple Envelopes Standalone Expert Advisor tutorial is akin to a masterclass on creating an Expert Advisor, your personalized trading virtuoso.

 

 

Just as a conductor seamlessly navigates an orchestra through a symphony, your Expert Advisor interprets the signals generated by the Envelopes Indicator, taking up the baton and leading your trades towards profitable harmony.

Implementing a Spread Checker with MQL5

Spread checking is akin to prospecting for gold, looking for the best value.

 

 

The Simple Spread Checker tutorial acts as a top-notch sieve, helping you find the golden nuggets amongst the ordinary rocks. The Expert Advisor in MQL5 becomes your trusted companion, combing through the riverbed of the market and identifying the most valuable spreads.

Navigating Dynamic Position Sizes in MQL5

Adapting to the ever-changing conditions of the market is much like adjusting your sails to catch the wind at sea.

 

 

The Simple Dynamic Position Size tutorial showcases how to adjust your position sizes like a seasoned sailor adjusting his sails. The use of the CTrade instance in the MQL5 language allows you to smoothly sail through the open waters of the market, finding your way amidst the turbulent waves.

Deploying the Average True Range Oscillator in MQL5

Coding an Average True Range (ATR) oscillator in MQL5 is like tuning a radio to your favorite station, perfectly dialing into the signal.

 

 

The MQL5 Tutorial Basics – 24 tutorial helps you fine-tune your trading radio, syncing perfectly with the ATR, and allowing you to dance to the beat of profitable trades.

Embracing Randomness in MQL5

At times, trading can feel like a spin of the roulette wheel, where a random entry can result in a jackpot.

 

 

The Simple Random Entry Expert Advisor is just that – a spin at the wheel, offering an interesting take on random entry trading. With MQL5’s Expert Advisor, each spin becomes an informed risk, often yielding intriguing results.

Joining the MQL5 Premium Course

The MQL5 Premium Course is like getting an exclusive membership to a prestigious golf club. Here, you can refine your swing, understand the nuances of the course, and improve your handicap. This course guides you in crafting a personalized MQL5 Robot that suits your trading style, making it your perfect caddy, offering insights and strategy for every hole on the course.

Triggering a Sell Stop in MQL5

The final piece of this grand MQL5 puzzle is the Simple trend based sell stop tutorial.

 

 

Much like the braking system in a high-performance race car, it gives you control over your trading vehicle’s speed. It triggers a sell stop when a short trend is detected, ensuring your trading machine remains in control, even during the high-speed thrill of trading.

Mastering MQL5 and the OrderSend() function gives you a competitive edge, turning the trading landscape into a familiar playground. These advantages derived from the MQL5 tutorial make your journey in the world of automated trading not just profitable, but also enjoyable.