MQL4 Implementation of onTrade Event Handler

Experts MetaTrader 4 Free

The code keeps track of orders’ tickets in an CArrayInt. Monitoring the changes to the list of tickets in onTimer it triggers these event handlers:

//+------------------------------------------------------------------+

//| Event handler when stop loss is hit                              |

//+------------------------------------------------------------------+

void onStopLoss(ulong ticket);



//+------------------------------------------------------------------+

//| Event handler when take profit is hit                            |

//+------------------------------------------------------------------+

void onTakeProfit(ulong ticket);



//+------------------------------------------------------------------+

//| Event handler when a new order is opened                         |

//+------------------------------------------------------------------+

void onTradeEntry(ulong ticket);



//+------------------------------------------------------------------+

//| Event handler when an order is closed(removed)                   |

//+------------------------------------------------------------------+

void onTradeExit(ulong ticket);

note: Not all features of the MQL5 onTradeTransaction handler has been implemented here. It is just a basic approach.

In the screenshot below you can see the output log for the EA:

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