Market Buy Script

Market Buy Script

Market BUY Script For MT4 places a market buy order instantly and helps technical forex traders execute market buy orders with ease

The market buy script upon execution places a buy order instantly in the market. In effect, the script places a buy order at market price to the broker for immediate execution. Moreover, as an additional confirmation the script prompts a Yes or No button before placing the market order.

Scripts help forex traders to automate simple technical, analytical and trading functions. Many automated trading programs include small scripts to execute functions to assist the auto trading software.

The easy application of the script is useful for new and advanced forex traders.

Market Buy Script Application

The above GBPUSD H1 price chart shows the market buy script for MetaTrader in action. Forex traders can execute the script after they input the desired lot size and the applicable slippage. For added safety, the script prompts the user with additional confirmation screen.

Upon confirmation by the trader, the script places a buy order. As a result, a buy order is executed at market price inclusive of a potential slippage if any.

Technical traders can find the script very helpful while using many trading strategies. The first and foremost application is in the breakout trading strategy. Once a trader identifies a potential break out location and upon confirmation, traders can execute the script.

Another interesting trading strategy to apply this market buy MT4 script is in resistance based trading strategy. If the price breaks above a predefined resistance level, technical traders can execute the script. As a result, this enables the trader to place a buy order instantly in the market.

Conclusion
Indeed, the Market Buy script for MetaTrader is a user friendly tool for forex traders to place a buy order instantly