A new script has been designed to provide comprehensive details on brokers, accounts, and instrument specifications. It builds upon the "MQL4 Reference / Constants, Enumerations and Structures / Environment State / Symbol Properties." This script also derives inspiration from the "Market Info" script by Sergey Mechanic, which can be found in code repository 11223.

Through detailed comparison, the script's output has been matched against the "contract specification" available via platform navigation (View / Symbols / Properties), ensuring accuracy and reliability. The results from this comparison confirm the script’s consistency and usefulness in extracting essential data. This tool proves beneficial for developers and analysts in checking and verifying the contract details of trading instruments directly within the trading environment.

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A new script for MetaTrader 5 offers features for precise trading risk management: users can set customizable Risk:Reward ratios and define Stop Loss in pips. The script automatically calculates and applies SL and TP levels based on open positions, whether Buy or Sell. It presents a user-friendly interface with error handling for various market conditions.

To implement, attach the script to the MT5 chart and configure parameters. The script detects open positions for the current symbol and applies the calculated levels, confirming modifications in the MT5 terminal.

This tool saves time by eliminating manual calculations, ensures consistency in trading strategy, and is versatile across various symbols and account types. Installation involves downloading from the MQL5 Codebase and following outlined steps. Testing on a demo account is advised for familiar...

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