π’ Open BUY Market OrderΒΆ
Convenience method: opens a BUY position at current Ask price with optional Stop Loss and Take Profit. Simplified alternative to low-level OrderSend.
API Information:
- Sugar method:
MT5Sugar.buyMarket(String symbol, double volume, Double stopLoss, Double takeProfit) - Sugar method (with comment):
MT5Sugar.buyMarket(String symbol, double volume, Double stopLoss, Double takeProfit, String comment) - Underlying methods:
MT5Service.orderSend()- low-level order placementensureSymbolSelected()- auto symbol selectionnormalizeVolume()- auto volume normalization- Source: MT5Sugar convenience layer
π½ InputΒΆ
| Parameter | Type | Required | Description |
|---|---|---|---|
symbol |
String |
β | Symbol name (e.g., "EURUSD") |
volume |
double |
β | Volume in lots (e.g., 0.1) |
stopLoss |
Double |
β | Stop Loss price (null or 0 = no SL) |
takeProfit |
Double |
β | Take Profit price (null or 0 = no TP) |
comment |
String |
βͺ | Order comment (optional, default = "") |
β¬οΈ OutputΒΆ
Returns: long - Order ticket number (position ticket)
Throws: ApiExceptionMT5 if order fails (contains error code and description)
Execution: - Order executes at current Ask price - Position opens immediately (market execution) - Return code 10009 = success (TRADE_RETCODE_DONE)
π¬ Just the essentialsΒΆ
- What it is. Buy at current market price instantly.
- Why you need it. Simplest way to open BUY position.
- Auto-handled. Symbol selection, volume normalization, error checking.
- SL/TP. Optional - pass null or 0 to skip.
π― PurposeΒΆ
Use this method when you need to:
- Open BUY position at current market price.
- Execute buy-side market orders with SL/TP.
- Enter long position immediately (no pending order).
- Simplify trading logic (vs manual OrderSend construction).
π Usage ExamplesΒΆ
1) Simple BUY without SL/TPΒΆ
String symbol = "EURUSD";
double volume = 0.1; // 0.1 lot
// Buy at market, no SL/TP
long ticket = sugar.buyMarket(symbol, volume, null, null);
System.out.printf("BUY position opened: #%d%n", ticket);
System.out.printf("Entry price (Ask): %.5f%n", sugar.getAsk(symbol));
// Output:
// BUY position opened: #123456789
// Entry price (Ask): 1.12350
2) BUY with Stop Loss and Take ProfitΒΆ
String symbol = "GBPUSD";
double volume = 0.5;
double ask = sugar.getAsk(symbol);
double point = sugar.getPoint(symbol);
// SL 50 points below entry
double stopLoss = ask - (50 * point);
// TP 100 points above entry
double takeProfit = ask + (100 * point);
long ticket = sugar.buyMarket(symbol, volume, stopLoss, takeProfit);
System.out.printf("BUY %s: %.2f lots%n", symbol, volume);
System.out.printf(" Ticket: #%d%n", ticket);
System.out.printf(" Entry: %.5f%n", ask);
System.out.printf(" SL: %.5f (-50p)%n", stopLoss);
System.out.printf(" TP: %.5f (+100p)%n", takeProfit);
// Output:
// BUY GBPUSD: 0.50 lots
// Ticket: #987654321
// Entry: 1.26355
// SL: 1.26305 (-50p)
// TP: 1.26455 (+100p)
3) BUY with risk managementΒΆ
String symbol = "EURUSD";
double balance = sugar.getBalance();
double riskPercent = 2.0; // Risk 2% of balance
int slPoints = 50;
// Calculate risk amount
double riskAmount = balance * (riskPercent / 100.0);
// Calculate volume based on risk
double volume = sugar.calculateVolume(symbol, slPoints, riskAmount);
// Calculate SL price
double ask = sugar.getAsk(symbol);
double point = sugar.getPoint(symbol);
double stopLoss = ask - (slPoints * point);
// Place order
long ticket = sugar.buyMarket(symbol, volume, stopLoss, null);
System.out.printf("Risk-managed BUY:%n");
System.out.printf(" Balance: $%.2f%n", balance);
System.out.printf(" Risk: %.1f%% ($%.2f)%n", riskPercent, riskAmount);
System.out.printf(" Volume: %.2f lots%n", volume);
System.out.printf(" SL: %.5f (%d points)%n", stopLoss, slPoints);
System.out.printf(" Ticket: #%d%n", ticket);
4) BUY with comment and error handlingΒΆ
String symbol = "USDJPY";
double volume = 0.1;
String comment = "Strategy-A Entry #1";
try {
long ticket = sugar.buyMarket(symbol, volume, null, null, comment);
System.out.printf("β
BUY order placed successfully%n");
System.out.printf(" Ticket: #%d%n", ticket);
System.out.printf(" Comment: %s%n", comment);
} catch (ApiExceptionMT5 e) {
System.err.printf("β Order failed:%n");
System.err.printf(" Code: %d%n", e.getError().getMqlErrorTradeIntCode());
System.err.printf(" Message: %s%n", e.getError().getErrorMessage());
// Handle error (e.g., retry, log, alert)
}
5) Multiple BUY positions with different parametersΒΆ
String symbol = "XAUUSD";
double baseVolume = 0.01;
double ask = sugar.getAsk(symbol);
double point = sugar.getPoint(symbol);
// Position 1: No SL/TP (manual management)
long ticket1 = sugar.buyMarket(symbol, baseVolume, null, null);
// Position 2: Tight SL, close TP (scalping)
double sl2 = ask - (20 * point);
double tp2 = ask + (30 * point);
long ticket2 = sugar.buyMarket(symbol, baseVolume, sl2, tp2);
// Position 3: Wide SL, far TP (swing)
double sl3 = ask - (100 * point);
double tp3 = ask + (300 * point);
long ticket3 = sugar.buyMarket(symbol, baseVolume, sl3, tp3);
System.out.printf("Opened 3 BUY positions on %s:%n", symbol);
System.out.printf(" #%d: No SL/TP%n", ticket1);
System.out.printf(" #%d: Scalp (20p SL, 30p TP)%n", ticket2);
System.out.printf(" #%d: Swing (100p SL, 300p TP)%n", ticket3);
6) Conditional market entryΒΆ
String symbol = "EURUSD";
double volume = 0.1;
double targetAsk = 1.12500;
System.out.printf("Waiting for %s Ask <= %.5f...%n", symbol, targetAsk);
while (true) {
double currentAsk = sugar.getAsk(symbol);
if (currentAsk <= targetAsk) {
// Price reached target, enter BUY
double sl = currentAsk - (50 * sugar.getPoint(symbol));
double tp = currentAsk + (100 * sugar.getPoint(symbol));
long ticket = sugar.buyMarket(symbol, volume, sl, tp);
System.out.printf("β
Entered BUY at Ask: %.5f%n", currentAsk);
System.out.printf(" Ticket: #%d%n", ticket);
break;
}
System.out.printf("Current Ask: %.5f (waiting...)%n", currentAsk);
Thread.sleep(1000); // Check every second
}
π Important NotesΒΆ
- Execution price:
- BUY executes at Ask (higher price)
- Price may differ slightly due to slippage
-
Market orders execute immediately
-
Stop Loss placement:
- Must be below Ask for BUY
- Typical:
SL = Ask - (points * point) -
Use
pointsToPrice()for convenience -
Take Profit placement:
- Must be above Ask for BUY
-
Typical:
TP = Ask + (points * point) -
Auto-normalization:
- Volume is automatically normalized to symbol's min/max/step
-
No need to call
normalizeVolume()manually -
Auto symbol selection:
- Method calls
ensureSymbolSelected()internally -
Symbol added to Market Watch if missing
-
Error handling:
- Throws
ApiExceptionMT5if order fails - Error contains return code and description
-
Return code 10009 = success
-
null vs 0 for SL/TP:
- Both
nulland0mean "no SL/TP" - Internally converted to 0.0
BUY order structure:
Common patterns:
// Pattern 1: No SL/TP
sugar.buyMarket(symbol, volume, null, null);
// Pattern 2: Only SL
sugar.buyMarket(symbol, volume, stopLoss, null);
// Pattern 3: Only TP
sugar.buyMarket(symbol, volume, null, takeProfit);
// Pattern 4: Both SL and TP
sugar.buyMarket(symbol, volume, stopLoss, takeProfit);
// Pattern 5: With comment
sugar.buyMarket(symbol, volume, stopLoss, takeProfit, "Strategy A");
See alsoΒΆ
- Low-level method:
OrderSend- underlying implementation - Related:
sellMarket()- open SELL position - Pending orders:
buyLimit(),buyStop() - Position management:
closePosition() - Price helpers:
getAsk(),pointsToPrice() - Risk management:
calculateVolume()