AW Workpad MT5 ReadMe

AW Workpad MT5 is a multifunctional Forex software designed for manual and semi-automatic trading. This code provides an example of how the software works and can be used as a reference.

Product Description

AW Workpad MT5 is a powerful tool for Forex traders who prefer manual and semi-automatic trading. The software allows users to implement their own trading strategies and execute trades with ease.

Key Features:

• Lot Size: Users can specify the lot size for trading.
• Stop Loss: Users can set the stop loss level in points.
• Take Profit: Users can set the take profit level in points.

How it Works

The code provided demonstrates the basic functionality of AW Workpad MT5. Here's a breakdown of the main components:

1. Global Variables:

   • LotSize: The lot size for trading.
   • StopLoss: The stop loss level in points.
   • TakeProfit: The take profit level in points.

2. Expert Initialization Function (OnInit):

   • This function is called when the expert advisor is initialized.
   • Users can add their own initialization code here.

3. Expert Deinitialization Function (OnDeinit):

   • This function is called when the expert advisor is deinitialized.
   • Users can add their own deinitialization code here.

4. Expert Start Function (OnTick):

   • This function is called on each tick of the market.
   • Users can add their own trading logic here.
   • The example code demonstrates how to open a buy position if the Ask price is less than the Bid price.
   • It also calculates the stop loss and take profit levels based on the specified lot size, stop loss, and take profit.
   • The example code then opens a buy position with the specified parameters using the OrderSend function.
   • It also includes error handling in case the order placement fails.

5. Custom Functions:

   • PlacePendingOrder: This function allows users to place a pending order with the specified type, price, stop loss, and take profit.
   • ModifyOrder: This function allows users to modify an existing order with the specified ticket, stop loss, and take profit.
   • CancelOrder: This function allows users to cancel an existing order with the specified ticket.
   • Users can customize these functions based on their specific trading needs.

6. Custom Indicator Functions:

   • Users can implement their own custom indicator functions in this section.

7. Custom Analysis Functions:

   • Users can implement their own custom analysis functions in this section.

Disclaimer

Please note that ForexRobotEasy is not the official developer of AW Workpad MT5. We only provide a sample code that demonstrates the functionality of the software. To find the official developer and obtain the complete and official version of AW Workpad MT5, please use the MQL5 website.

For detailed reviews and trading results of this product, please visit the following link: AW Workpad MT5 Review

For any further inquiries or support regarding AW Workpad MT5, please contact the official developer listed on the MQL5 website.