All orders
Rules
Specification
**Panel should work on time not on ticks
**Price and time to be discussed with the developer
1-Buttons should be (buy/sell - Place fibbonacci retracement tool - Activate pending orders - Delete pending/Close all orders - Update stop loss)
2-In the settings (stop loss) should be the 0.0% fibonacci level + any addition in the form of 0.1 pips, this can be adjusted in the settings so the panel will read the 0.0% level and add the amount of pips to the first digit after the decimal point
3-Buttons buy/sell should work as the MT5 direct market "One click trading" **except** they should add the SL/TP/LOT size that are already in the settings directly
**So this means direct market orders "open trade when i click right away" + adding the values in the settings
This will save the time
4-The "Add fib. retracement" button should add fib. retracement tool to the chart
5-Trading values in the settings are (LOT size, stop loss, take profit, adding price level where the pending orders will be placed)
**Values should be all added in fibonacci ratios not in price , except LOT size of course
Ex. when price hits the 50% level panel should open an order of 0.01 LOT / stop loss should be 0.0 + 0.X pip / take profit should be @ 75% fibonacci level - thats a simple self explained example
6-One pending order will contain the values (Take profit, stop loss, price level, and LOT size)
**Max number of pending orders to be added in the settings = 10
7-If two orders had the same price entry level then it means the panel should open 2 orders on that same price level
8-Activate pending orders button:-
-In the settings i will add a fib. ratio for example 50%, price will start reversing in a specific direction, once it hits the 50% level the pending orders should be placed on the chart with all its values
9-How to know the type of pending orders:-
-When price reverses to hit the ratio mentionned in the settings, the panel will look at the reversal type, if the reversal was price started rising the panel should add buy stop/buy limit order, and the opposite is true
So pending orders ((should not be according to price direction))
10-Trading should stop:-
-after SL was hit which means no more placing of pending orders should be done,
-or if i click delete pending orders
-or if take profit was hit
11-Trading can begin ((again)) only if i click on Activate pending orders
14-Clicking button "Delete pending/Close all orders" should do two things:-
a)close the opened orders and/or deleted the pending orders that were not opened
b)stop trading until i click "Activate pending orders" again