About the Buy Sell Stop Buttons Expert Advisor
The Buy Sell Stop Buttons Metatrader 4 forex robot is an easy-to-use expert advisor (EA) that allows you to buy, sell, close, and manage open trading positions.
The buy/sell/close buttons are visible and clickable on the main MT4 trading chart.
This expert advisor will be used for manual trading purposes and works on any pair and timeframe.
So, you will need to use your favorite strategy or trading system and then use this forex robot to manage the open position.
Moreover, this EA includes several interesting inputs that can be fully modified according to your needs, to name a few:
- Stop loss: set a predetermined stop loss in pips
- Trailing stop loss: trail up or down the stop loss in pips
- Move stop loss to break-even: enter the number of pips between 10 and 100
- Take profit: place a predetermined take profit level in pips
- Lots: any lot size between 0.01 and 10
- No loss: enable or disable
Free Download
Download the “Buy_Sell_Stop Buttons.mq4” MT4 indicator
Key Features
One-Click Order Execution
Place buy, sell, or close orders instantly with a single click, eliminating the need for manual order entry and reducing execution time.
Customizable Stop Loss and Take Profit
Set predetermined stop loss and take profit levels in pips, allowing for consistent risk management across trades.
Adjustable Lot Size
Define the lot size for each trade, providing flexibility to align with your trading strategy and risk tolerance.
Trailing Stop Functionality
Activate trailing stop to automatically adjust the stop loss level as the market moves in your favor, locking in profits and minimizing potential losses.
Visual Trade Management Interface
The EA displays buttons directly on the chart, providing a clear and accessible interface for trade management without cluttering the MetaTrader workspace.
Trading Chart
The EUR/USD 1-Hour chart below displays the Buy Sell Stop Buttons Metatrader 4 forex robot in action.
How the EA Works
- Displays buy, sell, and close buttons on the chart for easy access.
- Executes orders instantly upon button click, reducing manual input errors.
- Applies user-defined stop loss and take profit levels to each trade.
- Supports trailing stop functionality to lock in profits as the market moves favorably.
- Updates the chart interface in real-time to reflect the current trade status and available actions.
Download Now
Download the “Buy_Sell_Stop Buttons.mq4” Metatrader 4 indicator
Parameters & Settings
- Lot Size — Defines the volume of each trade.
- Stop Loss — Distance from entry point to stop loss level in pips.
- Take Profit — Target profit level in pips.
- Trailing Stop — Distance in pips to activate trailing stop functionality.
- Magic Number — Unique identifier for each instance of the EA.
- Slippage — Maximum allowed slippage for order execution.
- Risk Percentage — Percentage of account balance to risk per trade.
Recommended Trading Setup
- Currency Pairs: EUR/USD, GBP/USD, USD/JPY.
- Timeframes: H1, H4.
- Broker: ECN or low-spread brokers for optimal performance.
- Account Type: Standard or ECN accounts.
- Risk Management: 1–2% per trade for account protection.
FAQ
Can I place multiple trades at the same time?
Yes, the EA allows placing multiple buy or sell orders instantly. Just ensure each order follows your defined lot size and risk settings.
Can I adjust stop loss and take profit after placing an order?
Yes, the EA allows you to modify stop loss and take profit levels for any open position directly from the chart interface.
Will the EA work with other Expert Advisors running on the same account?
Yes, but make sure each EA has a unique Magic Number to avoid trade conflicts between multiple EAs.
Summary
The Buy Sell Stop Buttons MT4 Forex Robot streamlines the trading process by allowing for instant order execution with a single click.
Its customizable settings, including stop loss, take profit, and trailing stop functionalities, provide traders with the tools needed for effective risk management.
