Retrieving the Nth Most Recent Active Market Trade in MT5
Summary
The document describes a MetaTrader 5 expert-advisor utility for retrieving an active trade by its position in the recency order. It defines active trades as market orders and excludes pending orders. An index of zero selects the latest active trade; increasing the index moves backward through earlier trades.
The lookup can also be restricted by trading symbol and magic number, allowing developers to identify trades associated with a particular instrument or strategy instance. The text explains the intended behavior but provides no implementation details, examples, validation, or discussion of how indexing behaves when matching trades are absent. It is a trade-management programming concept rather than a trading strategy or evidence about market performance.
Key ideas
- The utility retrieves market orders and excludes pending orders.
- An index of zero refers to the most recent active trade.
- Larger index values select progressively older active trades.
- Symbol and magic number filters can narrow the search to relevant trades.
- The description gives no code or evidence about behavior when no matching trade exists.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.