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Smart Trade Panel MT4test

3

TRADING PANEL - CHART OVERLAY with:

✅ PARTIAL TAKE PROFIT  ("virtual TP") 

 % RISK LOT SIZE

 TRAILING STOP LOSS 

✅ Fast and simple control of your trades

this is DEM0 VERISON (for DEM0 acc.) of  TRADING OVERLAY with PARTIAL take profit  ("virtual TP")  and % risk lot size 
---full version available on my 'seller page' as well as version for MT5

Easy lot size calculation with easy SL/TP setting. Your trading will be much more comfortable with this tool !
Works like any EA, add it to selected chart and trade !


Features:

  1. start trade with calculated lot based on % of account balance* that you want to risk/ or based on how much money you want to risk 
    • *risk can be calculated based on : account balance/ free margin / account equity
    • LOT based on risk is calculated also based on how big STOP loss is used, EXAMPLE: trade-A with [1% risk with 100 SL] results in 2x bigger lot, as trade-B with [1% risk with 200 SL]
  2. choose market order / limit order / or stop order
    • when creating LIMIT or STOP order you can drag white line on graph to price where you want trade to open
  3. all trades are with predefined SL and TP levels (you can set and use default values or use lastly used TP and SL value -in pips) 
    • SL and TP are set by dragging red and green line on the chart, so you see exactly where you want price to be
  4. select order from list of all orders of current chart/pair
  5. turn ON/OFF TRAILING for all orders in the list - parameters for trailing are set in 'input parameters'
  6. set selected order to partially close - program can save 2 PTP (partial take profit) levels for each trade,
    •  these are also set with dragging lines on chart (PTP1=green line, PTP2= yellow line) Volume of partially closed order is set  in input parameters (by % of whole lot)
  7. very fast trading!! (with option to repeat trades with lastly used lot/TP/SL)
  8. customable GUI (trade panel)


About Input Parameters and HOW to USE:

-defaultTP -default SL are values (in points) to be used as default TP and SL for every new trade
-allow saving  this is about saving and keeping correct partial TP levels for each trade, so after going offline and starting metatrader again, trades are checked for PTP.
-repeated orders with one click :
Panel normally works this way:
1. you click on SELL or BUY
2. it places 2 lines on chart , you can set precise level for TP and SL by dragging lines
3. click ENTER to confirm settings and open new trade , lines to set TP SL are removed.
With "repeated orders with one click it becomes more simple" 
1. after placing trade before, lines stay on chart and can be moved again for new trade, press ENTER to repeat the same trade again.

-use default SL/TP levels = if this is true, every time you set new trade lines are set to same "default TP and SL" distance from open price

= if false, lines are set to saved distance that was used for last order placed.

-Use TRAILING = if this in TRUE, the EA will always start with trailing turned ON, if false - trailing will turn off after restarting metatrader.


HOW to place Partial Take profit: (% of lot can be set only in input parameters and these % are shared for all trades on selected chart.)
  1. click on list or trades
  2. select order that was previously placed
  3. click TP1 and GREEN line will appear on chart, drag line to desired level where partial lot should be closed, 
    • after you release the line, PTP1 is saved, and panel will print message with info to the terminal
  4.  same goes for TP2. = YELLOW line
  5.  when you click TP1 or TP2 again, lines disappear, then, after clicking again, they appear in previously saved positions
    • so while TP1 and TP2 are active, lines are visible,
    • you can select next trade from the list and dragging the lines again will save new PTP1/2 for newly selected trade


NOTES: this tool saves PTP levels to savefile for each account and each symbol, that means when you add this tool to 2 charts with same symbol, it can overwrite data, and partial TP levels will be lost


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Chart Notes = MULTI LINE TEXT INPUT ON CHART FOR MT5 is finally here! # sticky notes This indicator is a powerful text editor for placing notes on chart, similarly like the feature on Tradingview. There are 2 types of messages: anchored (on screen ) and free (on chart).  1. Anchored = stays on the same place on screen (x point, y point) -this text can be EDITED on click (first line is for dragging the message around- this line is edited via right clicking- >properties) -move the messages by
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Eleuterio Ramos
47
Eleuterio Ramos 2023.04.11 23:59 
 

Hola. Me gusta el programa, estoy a punto de comprarlo pero me di cuenta que no tiene las opciones de Sell Stop ni Buy Stop, esos tipos de entrada Yo las ocupo para ciertas estrategias. Veo que solo estan las Ordenes Buy Limit y Sell Limit. Agradeceria la pudieran agregar a demas seria bueno otra opcion de Stop Loss escalonado. Aunque lo que mas me interesa son las ordenes Stop. Gracias.

Filip Valkovic
4738
Reply from developer Filip Valkovic 2023.04.13 17:28
Thank you very much for the review. You are right, Sell Stop or Buy Stop are missing and it would be very good to add these options. I will have to think about some design to add 'trailing stop loss' but also still keep the panel simple enough. So I will try to update new version with added functions in upcoming weeks.
Reply to review
Version 1.22 2023.05.11
BIG UPDATE:
-added STOP ORDER option
-added new names for all draggable lines - representing their function
-added PIP counter on chart while setting draggable TP and SL or PTP1 and PTP2
-added TRAILING function for all trades in the list
-changed "chart in background"
-removed BreakEven function