[MT4]Optimum Lots (Optimal Lot Calculation & One-Click Trading Tool) New Features Introduction!

Normally, market orders smaller than the stop level cannot place both a stop and take-profit order at the same time. For example, if the stop level is 40.0, you cannot set a stop-loss or take-profit within 4 pips.

In this EA, it is possible to set SL and TP for market orders smaller than the stop level, and the EA monitors within the EA whether SL or TP have been reached, closing positions that exceed SL or TP. (However, SL smaller than the spread will be closed immediately after ordering to prevent errors) Also, if the specified SL/TP deviates from the stop level by more than the designated amount, the EA will automatically place SL/TP on the server so that they are managed as the original SL/TP on the server.

This feature splits a specified lot size into multiple positions at the same rate and places market orders simultaneously.
When you check “Burst shot” at Arrow 1 in the figure below, a box for the number of lots to split will appear under it.
Enter the number of lots to split in this box, and press the buy or sell button at Arrow 2 to place orders by splitting the total lot size.

The above is an example of splitting a total lot size of 1.0 into 0.1 for a buy entry.
Because market orders are placed based on rate movement, not all positions will have the same order price.

Although split lot entries are implemented, previously some limit orders would be filled and take profit, leaving remaining orders in place, requiring manual deletion by the user if unnecessary.
The feature implemented this time sets the EA property “Automatically delete remaining pending orders when the first order is settled after a split order” to True, so when the first order is settled, the remaining pending orders are automatically deleted.
For example, five pending orders are placed for split orders, and the first two move toward TP.
If the take profit is achieved as is, those two orders are settled, leaving three pending orders behind.
The EA monitors these pending orders, and when the first order is taken profit or manually settled and the position disappears, the remaining orders are deleted.