Trade Panel v200

User Manual - TradePannelAdvanced v2.00

Table of Contents

Introduction Installation and Setup Panel Description Customizable Inputs and Parameters Control Buttons and Functionality Order Management Trailing Stop and Break Even Functions SL/TP Visualization with Labels Profit Display Practical Examples FAQ Support Contacts

1. Introduction

TradePannelAdvanced v2.00 is an Expert Advisor for MetaTrader 4 that offers an intuitive graphical panel for quick and easy management of trading orders, including advanced features such as pending orders, trailing stop, break even, and visualization of stop loss and take profit in euros and pips.

2. Installation and Setup

  • Copy the TradePannelAdvanced.mq4 file to the MQL4\Experts folder of the MetaTrader 4 platform.

  • Compile the file with MetaEditor.

  • Launch the EA on the desired symbol chart.

  • The panel will automatically appear in the upper left corner of the chart.

3. Panel Description

The panel is divided into:

  • Input Section (left): Allows you to enter values for:

    • Lots

    • Stop Loss (€)

    • Take Profit (€)

    • Trailing Stop (pips)

    • Break Even (pips)

    • Pending order offset (pips)

  • Order Buttons Section (right): Allows you to open market orders and pending orders, and close positions:

    • BUY, SELL

    • Buy Limit, Sell Limit

    • Buy Stop, Sell Stop

    • Close BUY, Close SELL, Close All

  • Switches (bottom): To activate/deactivate Trailing Stop and Break Even.

  • Profits Section: Shows in real-time the total profit of BUY and SELL positions and the net difference.

4. Customizable Inputs and Parameters

Parameter Description Default Example
Lots Lot size for orders 0.10
SL (€) Stop Loss in euros 10.0
TP (€) Take Profit in euros 15.0
Trailing Stop (pips) Trailing stop distance in pips 15
Break Even (pips) Distance to activate break even 20
Offset Pending (pips) Price offset for pending orders 10

Values can be modified directly on the panel using the editable fields.

5. Control Buttons and Functionality

  • BUY / SELL: Opens a market order with the set parameters.

  • Buy Limit / Sell Limit: Opens a pending limit order.

  • Buy Stop / Sell Stop: Opens a pending stop order.

  • Close BUY / SELL / All: Closes all open positions of the specified type or all positions.

  • Trailing OFF/ON: Activates or deactivates automatic trailing stop management.

  • BreakEven OFF/ON: Activates or deactivates automatic break even management.

6. Order Management

  • Orders are opened with the indicated lot size.

  • SL and TP are automatically calculated based on the euro amount and converted to pips.

  • Pending orders are placed with a defined offset to avoid immediate executions.

  • Order closure is possible by type or total.

7. Trailing Stop and Break Even Functions

  • Trailing Stop: Automatically moves the stop loss to protect profits when the price moves favorably by at least the indicated distance in pips.

  • Break Even: Moves the stop loss to the opening price when the profit exceeds the indicated threshold, to zero out the risk.

These functions are activated with the panel switches and update with every tick.

8. SL/TP Visualization with Labels

  • Colored labels showing the SL and TP for each order are visible on the chart.

  • The labels display both pips and the equivalent in euros.

  • Red labels for SL and green for TP, positioned on the right side of the chart.

9. Profit Display

At the bottom of the panel, the following are shown:

  • Total profit of BUY positions

  • Total profit of SELL positions

  • Net difference between BUY and SELL

The text color changes to green if positive, red if negative.

10. Practical Examples

10.1 Opening a BUY order

  • Enter 0.10 lots

  • Enter SL = 10 € and TP = 15 €

  • Press the BUY button

  • The order is opened with SL and TP calculated in pips based on the entered euro value.

10.2 Opening a pending Buy Limit order

  • Set pending offset to 10 pips

  • Press Buy Limit

  • The pending Buy Limit order will be placed 10 pips below the current market price.

10.3 Activating Trailing Stop

  • Set trailing stop to 15 pips

  • Press the Trailing OFF button to activate it (it will change to Trailing ON)

  • When the price moves favorably by at least 15 pips, the stop loss will automatically move.

10.4 Activating Break Even

  • Set break even trigger to 20 pips

  • Press BreakEven OFF to activate it

  • When the profit reaches at least 20 pips, the stop loss will be moved to the opening price.


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The  Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. ESB has hundreds of modules to define unlimited possibilities of strategi
Telegram ChartSnap
Kin Hang Tan
Utilitys
Telegram ChartSnap is an utility tool to bridge your MetaTrader 4 activities to your Telegram chat/group/channel. It will screen shot your MetaTrader 4 chart and send it to your dedicated Telegram chat/group/channel through a Telegram bot. The whole process will keep repeating based on a time cycle that predetermined by the user. It is a convenient tool for those who like to get access to their favorite system/dashboard that only available at MetaTrader Desktop. Beside that, trader can easily s
Fibonacci Expansion and Retracement Analysis
Jianyuan Huang
Utilitys
Fibonacci-Erweiterung und Retracement-Analyse-Tool Fibonacci-Retracing- und Extended-Line-Tools für die MT4-Plattform, ideal für Trader, die die DiNapoli-Point-Trading-Methode und den Golden Section-Handel nutzen Hauptmerkmale: 1. Sie können mehrere Sätze von Fibonacci-Retracements direkt zeichnen, und die Beziehung zwischen wichtigen Rückkehrpunkten ist auf einen Blick ersichtlich. 2. Kann Fibonacci-Erweiterungen zeichnen 3. Das Fibonacci-Foldback und die Verlängerung der Linie können nach
Risk manager x2
Andrii Malakhov
Utilitys
Советник риск-менеджер с огромным арсеналом возможностей защиты вашего депозита. Для инвесторов, которые решили передать капитал в доверительное управление. Когда у трейдера нет доступа к настройкам - нивелирует торговые риски. А также для трейдеров, которые осознали необходимость стороннего контроля за их торговлей для улучшения торговых результатов.  Для максимальных результатов - должен стоять на отдельном VPS сервере и у трейдера не должно быть возможности менять настройки в торговый период.
Grid Hero War Pad
Chock Hwee Ng
3.4 (5)
Utilitys
Grid Hero War Pad is a  GRAPHICAL MANUAL TRADER version of the original Grid Hero EA, designed and created for ADVANCED TRADERS who are experienced in plotting their own market entries. It is coded using ADVANCED GRAPHICAL INTERFACE programming, that combines the power of discretionary trading with Grid Hero algorithm in the form of a graphical console with button-click easy execution. It allows you to execute trades manually using Market Orders and Pending Orders, and then automatically uses th
MirrorEA
Eugenio Bravetti
Utilitys
The new version of  MirrorSoftware 2021  has been completely rewriten and optimized.  This version requires to be loaded only on a single chart because  it can detect all actions on every symbol and not only the actions of symbol where it is loaded. Even the  graphics and the configuration mode  have been completely redesigned. The MirrorSoftware is composed of two components (all components are required to work):  MirrorController  (free indicator): This component must be loaded into the MASTER
Open charts
Maksim Slovakov
Utilitys
Скрипт открывает графики по всем инструментам находящимся в окне "Обзор рынка" и по желанию может задать для всех графиков один шаблон. Так-же можно удалить все графике открытые в терминале Мт4. В скрипте имеются следующие настройки: "Таймфрейм" по умолчанию M30;             (Можно поставить свой: M1, M5, M15, M30, H1, H4, D1, W1, MN.) "Задержка" по умолчанию "0";                  (Задержка перед открытием следующего графика в миллисекундах.) "Шаблон" по умолчанию "True";                (True=пр
TFA Trade Manager
TFA Global Pte. Ltd.
Utilitys
(8th Feb 2019 Launch Promo: $97/lifetime just for 1 day! Price goes to $180/lifetime in 24 hours!) The TFA Trade Manager helps you easily manage your trades with an intelligent vertical "bars" system. You easily now easily click + drag your entry, stop loss, take profit, breakeven, partial profit and trailing stop with a few simple mouse clicks. You can also easily calculate the risk you wish to allocate to each trade by telling the trade manager your desired risk %, lot size or $dollars to risk
Quantized Trend
Oleg Pechenezhskiy
Utilitys
This utility automatically draws the trend channel on the price chart. For the time interval from the specified date to the current bar, the drawn channel is almost optimal. Placing the beginning of the channel at a more distant historical price extremum, you get a visualization of a longer-term trend. Channel slope is not a continuous value, but takes one of discrete values (in AxB format, where A is the number of price points (points), and B is the number of timeframes). This program works ONL
Signal Analyze Master
Shao Chen
Utilitys
--------------Welcome to use [MQL5 Signal Analyze Master]------------------  Function: Draw order tracks of MQL5 MT4 and MT5 signal on MT4 chart. [Using guide] 1.Use it as Experts. 2.Download history record from MQL5 signal(MT4 signal or MT5 signal).  3.Paste history record file below "MQL4/Files/" 4.Load [Signal Analyze Master] on the symbol chart what you want to analyze. 5.Paste the history record file name to parameter 'FileName' 6.Select  SignalType  match the history you download on MT4
Forex Market View Dashboard and CSM
Opengates Success International
5 (1)
Utilitys
FFXMV Dashboard + CSM is a custom indicator combined with Currency Strength Meter . It is created to give the Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make a successful trading. Before attaching this Indicator to your window chart, go to your MT4's Market Watch panel and HIDE all the Currency pairs you don't need or trade and leave the rest there. The reason is that FFMV Dashboard will DISP
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