Specification
hello,
i would like to create a trade manager like the ones on mql5, just different... i don't like the huge window with settings and stuff so i'd like to create my own ones, both mt4 and mt5 ...
it should have all the bells and whistles, such as:
i would like to create a trade manager like the ones on mql5, just different... i don't like the huge window with settings and stuff so i'd like to create my own ones, both mt4 and mt5 ...
it should have all the bells and whistles, such as:
Open Trade (Market Order / Pending Orders)
Buy / Sell at market
Buy Limit, Sell Limit, Buy Stop, Sell Stop
Modify Trade
Adjust Stop Loss (SL) and Take Profit (TP)
Modify lot size (partial close or scale-in)
Close Trade
Close individual trade
Close all trades (with filters: all buy, all sell, all profitable, all losing)
Breakeven Function
Move SL to entry after X points/pips in profit.
Trailing Stop
Classic trailing by fixed pips
Maybe also trailing by ATR or a dynamic method
Risk Management
Auto-calculate lot size based on % risk per trade
Based on account balance or equity
Magic Number Handling
So it only manages trades opened by the EA or the user, not random others.
Button Interface (on chart)
"BUY", "SELL", "CLOSE ALL", "CLOSE PARTIAL", etc.
Also fields for setting TP, SL, Risk %, Trailing options
OCO (One Cancels Other)
For pending orders: if one triggers, cancel the other.
Time-Based Actions
Close trades at a specific time
Disable trading during specific hours
Drawdown Control
Auto-close everything if drawdown exceeds X%
Session Trading Filters
Only allow trading during London, New York, Asian session
Recovery System
Hedge losing trades automatically
Add recovery trades after losses
Basket Management
Manage trades as a group (e.g., close all once combined profit reaches X dollars or X pips)
Soft SL/TP
Virtual SL/TP not visible to broker
Smart Breakeven
Instead of just moving SL to entry, move it into small profit + buffer (e.g., +5 pips)
Custom Trailing Options
Trailing by last candle's high/low
PSAR trailing
EMA trailing
Trade Journal/Logger
Write trade activity to a file or comments for analysis
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