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Calculation panel

Calculation panel has been developed to aid in Forex trading using a method based on correlation dependence of currency pairs.

The panel implements:

  1. Due to the fact that the working instruments of the "basket" have an equal volatility and pip values, the panel provides automatic calculation of the second instrument's lot size.
  2. To analyze the relative divergence of two currency pairs, the information based on the RSI indicator values (in percentages) are shown on the panel.
  3. Information on swaps of the two instruments is available to allow making the optimal decision on opening a "basket" of trades.
  4. The true range, necessary for calculating the approximate profit.
  5. The "Open" button opens trades on two instruments in different directions at the same time. Accordingly, the "Close" button closes all trades in the "basket" (marked with an identical magic number) without exception.
  6. Trades are managed by the automatic virtual trailing stop (expressed not in price points, but in the deposit currency).
  7. It is possible to manage "basket" trades automatically in four scenarios.
  8. To reduce the possible risks, a virtual stop loss is implemented (expressed not in price points, but in the deposit currency).


Parameters of the panel

  • Symbol11 - the first symbol.
  • Symbol12 - the second symbol.
  • Lot11 - lot size of the first symbol.
Symbol parameters for placing a basket of trades:
  • Symbol21 - the first symbol.
  • Symbol22 - the second symbol.
  • Lots21 - lot size of the first symbol.
  • Lots22 - lot size of the second symbol.
  • Order Type21 - order type for the first symbol.
  • Order Type22 - order type for the second symbol.
  • Magic2 - magic number for the opened positions.

Symbol parameters for managing a basket of trades:

  • Symbol31 - the first symbol.
  • Symbol32 - the second symbol.
  • Slippage3 - slippage.
  • CloseMode3 - select the scenario for closing a basket of trades:
    1. Off - disabled.
    2. PairProfit - by the total profit of the basket of trades.
    3. Cross - at the intersection of the 3D indicator lines.
    4. CrossProfit - at the intersection of the 3D indicator lines (if there is profit).
    5. CrossPositive - at the intersection of the Multitool indicator lines (if there is profit).
  • ProfitClose3 - the total profit of the basket of deals (in the deposit currency).
  • Magic3 - magic number for the opened positions.
  • OscMode3 - select the oscillator (Stochastic, RSI, CCI, WPR, DeMarker).
  • OscPeriod3 - period of the selected oscillator.
  • PeriodMa3 - moving average period.
  • UseStopLoss3 - enable/disable stop loss.
  • StopLoss3 - stop loss in the deposit currency.
  • UseTrailing - enable/disable trailing stop.
  • TrailingStart - amount of profit to activate trailing stop.
  • TrailingDistance - profit in the deposit currency to move trailing stop.
  • TrailingStep - step of the trailing stop in the deposit currency.
  • Filling - select the order execution policy.
  • NameBase - name of the database.
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Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT5 accounts only. For MT4 accounts, you must use Auto Trade Copier (for MT4). Reference: - For MT4 receiver, please download Trade Receiver Fr
YuClusters
Yury Kulikov
4.93 (43)
Utilità
Attention: You can view the program operation in the free version  YuClusters DEMO .  YuClusters is a professional market analysis system. The trader has unique opportunities to analyze the flow of orders, trade volumes, price movements using various charts, profiles, indicators, and graphical objects. YuClusters operates on data based on Time&Sales or ticks information, depending on what is available in the quotes of a financial instrument. YuClusters allows you to build graphs by combining da
Ultimate Trade Manager plus Mobile MT5 RunwiseFX
Runwise Limited
5 (5)
Utilità
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
LT Trade Copy MT5
Thiago Duarte
Utilità
Trade Copy is an EA-shaped tool that replicates the trades done on a Meta Trader 5 to all Meta Traders 5 opened on same computer. Is useful if you want to trade more than once account yours or if you want to work with third party account management. Demo version:  https://www.mql5.com/pt/market/product/40906 MT4 version:  https://www.mql5.com/pt/market/product/40902/ Configurations: MAIN OPTIONS Idiom - change to English or Portuguese. Copy trades from - specify if the trades will be copied fro
MT5 To Interactivebrokers Copier
Shaoping Kuang
5 (1)
Utilità
Mt5 To InterativeBrokers Copier allows you to copy deals from MT5 account to Interactive Brokers. With this, you can run your EA strategy on a MT5 Demo/Real Account, then copy all the deals to Interactive Brokers account real time. Features: 1. Copy or Invert-Copy deals Realtime from MT5 to IB Account. 2. Synchronizing positions of both accounts periodicaly, in case any missing copying. 3. You can choose only Buy position or Sell position. Symbols Setup: General Format:  {MT Symbol} -> {
Mentfx Mmanage mt5
Anton Jere Calmes
4.43 (7)
Utilità
The added video will showcase all functionality, effectiveness, and uses of the trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool calculates al
RedFox Copier Pro MT5
Rui Manh Tien
3 (2)
Utilità
FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To MT5 performs the trades for you. In other words, Our   Telegram MT5 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT5 account. Reduce The Risk Telegram To Mt5   defines the whole experience of copying signals from   Telegram signal copier to MT5 pl
Discord To MT5 Receiver
DaneTrades Ltd
Utilità
Copia i segnali da qualsiasi canale di cui sei membro ( senza la necessità di un token bot o autorizzazioni di amministratore ) direttamente sul tuo MT5. È stato progettato con l'utente in mente, offrendo molte delle funzionalità di cui hai bisogno Questo prodotto è presentato in un'interfaccia grafica facile da usare e visivamente attraente. Personalizza le tue impostazioni e inizia a utilizzare il prodotto in pochi minuti! Guida dell'utente + Demo  | Versione MT4 | Versione Telegram Se desi
Discord Signal Copier
Trinh Dat
5 (3)
Utilità
The product will copy all  Discord  signal   to MT5   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT5. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
PZ Equity Guardian EA MT5
PZ TRADING SLU
2.25 (4)
Utilità
Questo Expert Advisor monitora costantemente l'equità del tuo conto di trading per prevenire costosi prelievi e/o per rispettare le regole di trading. Quando un determinato insieme di regole viene violato, l'EA avviserà, chiuderà tutte le negoziazioni e, in alcuni casi, eliminerà tutti gli ordini in sospeso. Facoltativamente, può anche chiudere tutti i grafici per rimuovere tutti gli EA che operano nell'account. Questo EA è particolarmente utile per le Sfide di scambio di oggetti, come la Sfida
Forward Alert To Telegram for MT5
Trinh Dat
4.6 (5)
Utilità
The Expert Advisor will help you forward all alert from  MetaTrader 5 to Telegram channel/ group.  All alert must save to folder <Data folder>MQL5\Files\Alerts\ , text file with format *.txt and screenshot with format *.gif or *.png. Parameters: - Telegram Bot Token: - create bot on Telegram and get token. - Telegram Chat ID:  - input your Telegram user ID,  group / channel ID - Forward Alert: - default true, to forward alert. - Send message as caption of Screenshot: - default false, set true
Altri dall’autore
Table of currency pairs
Denis Khokhlov
Indicatori
Версия 2.0 2018.10.20 1. Добавлен расчет коэффициента ранговой корреляции Спирмена. 2. При наведении курсора на показатель таблицы появляется всплывающая подсказка (Расхождение RSI, направление сделок, информация о свопе). Table of currency pairs - разработана в помощь трейдеру торгующему на рынке Форекс по методу основанному на корреляционной зависимости валютных пар. Корреляционная зависимость между двумя инструментами рассчитывается через коэффициент К. Пирсона. Основная функция таблицы -
IndCorrelationTable
Denis Khokhlov
Indicatori
IndCorrelationTable Ind Correlation Table - designed to help a trader trading in the Forex market using the method based on the correlation dependence of currency pairs. The correlation dependence between two instruments is calculated through the coefficient of K. Pearson and C. Spearman. The main function of the table is to output a formalized signal about the possibility of opening a "basket" of transactions in accordance with pre-set parameters, as well as the direction of transactions in acc
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