TPSpro Trade PRO
- Utilities
- Roman Podpora
- Version: 1.3
- Updated: 2 September 2024
- Activations: 7
INSTRUCTIONS - https://www.mql5.com/ru/blogs/post/758419
IN TEST MODE (in the tester) panel functionality NOT ACTIVE . We have provided only a visual display of the panel itself.
A tool that can instantly calculate the position size or risk based on a given stop loss level is critical for both professional and novice traders. The TRADE PRO trading utility provides fast and accurate calculations, helping you make decisions in time-sensitive and volatile markets.
Main functions:
- Original. Simple. Effective.
Original and convenient opening of the main trading panel: Move the mouse to the right side of the chart and click in the appropriate direction to place the future order.
- Quick installation of market orders
- Place multiple limit orders to share the TOTAL RISK (Grid Mode).
Set the percentage of your balance or capital to risk with TRADE PRO, or specify a specific amount to risk. Visually define the stop-loss level on the chart, allowing the tool to automatically calculate the optimal position size for each currency pair. The tool can also automatically set a profit target (take profit) based on the specified risk/reward ratio.
Whether you are making multiple buy or sell trades or following a grid strategy, the trading panel provides the ability to place multiple limit orders, allowing you to distribute the main risk across each of their parts, which can also be adjusted.
- Adding additional limit orders to an existing market order.
For your convenience, if you already have an open order, we have added a function that allows you to quickly add more limit orders with a common stop loss and take profit.
- Setting additional take profit levels with the ability to quickly change the volume.
The new feature will allow you to quickly set additional take profits with the ability to quickly adjust the volume.
- Three modes for trailing stop. (Coming soon)
With three types of trailing stop loss options provided by TRADE PRO, your stop loss is dynamically adjusted according to price movement, maximizing your profit potential. You are given the option to choose from the following trailing stop types: “Min/Max”, “MA” And " ATR ".
- Virtual take profit and stop loss mode
- Two types of panel (Standard/Collapsed).
For visual convenience, we have enabled the virtual take profit and stop loss mode. When the price reaches the specified take profit level, the advisor will automatically close part or the entire order volume.
For those who appreciate simplicity and laconic style, a simplified version of the panel (Minimized) was developed in parallel.
- Displaying the history of the current order while maintaining stop-loss and take-profit levels , as well as all orders in history.
This is a very useful feature that will allow you to visually track all closed transactions on the Forex market with stop loss and take profit changes displayed. This tool will allow you to analyze your trading in real time and identify the strengths and weaknesses of your trading strategy.
Using hotkeys:
- Key “Q” Enables the panel for opening BUY orders.
- Key “ A” enables the panel for opening SELL orders.
An essential tool on MT4, impossible to trade without it!