MT5 New Order Panel needs an upgrade

 

Metatrader is always lagging behind when it comes to how effective and fast it is to open a position/order with SL and TP. It is still stuck in the traditional way of writing prices down which takes forever to set a pending order.

As a developer I understand there is a workaround by having a trading manager that has a RiskToReward ratio tool. But you see not every trader can manage to get one and if they do, again not all prop-firms allows EA trading, so that's why this feature should be inbuilt.

They did a good upgrade on the mobile phone version (You can just drag lines around to your levels and then proceed with opening the order). The same thing can be done for the PC version.


 
Elvis Wangai Muriithi:
[N]ot all prop-firms allows EA trading...

A "proprietary trading firm" that prohibits algorithmic trading is, arguably, not a real proprietary trading firm─but rather, it's a bucket shop.

"A study in 2019 showed that around 92% of trading in the Forex market was performed by trading algorithms rather than humans" (https://en.wikipedia.org/wiki/Algorithmic_trading#cite_note-3).

The simple solution is to find a new prop firm.
 
Ryan L Johnson #:

A "proprietary trading firm" that prohibits algorithmic trading is, arguably, not a real proprietary trading firm─but rather, it's a bucket shop.

"A study in 2019 showed that around 92% of trading in the Forex market was performed by trading algorithms rather than humans" (https://en.wikipedia.org/wiki/Algorithmic_trading#cite_note-3).

The simple solution is to find a new prop firm.


A serious prop firm should control risk, not ban technology.
 
Ryan L Johnson #:

A "proprietary trading firm" that prohibits algorithmic trading is, arguably, not a real proprietary trading firm─but rather, it's a bucket shop.

"A study in 2019 showed that around 92% of trading in the Forex market was performed by trading algorithms rather than humans" (https://en.wikipedia.org/wiki/Algorithmic_trading#cite_note-3).

The simple solution is to find a new prop firm.

How is your comment related to the overall MT5 downside compared to other platforms like CTrader. Missing out the point and replying to what you feel like arguing with, lol. 

Oh wait you're comparing an inbuilt feature with a file that you have to keep migrating with and then blaming prop-firms. 

 
Elvis Wangai Muriithi #:

How is your comment related to the overall MT5 downside compared to other platforms like CTrader. Missing out the point and replying to what you feel like arguing with, lol. 

Oh wait you're comparing an inbuilt feature with a file that you have to keep migrating with and then blaming prop-firms. 

If you're hell bent on going with a bucket shop prop firm, here's a solution for you based on your OP:

  1. Install BlueStacks Android emulator on a Windows pc.
  2. Install Mobile MT5 in BlueStacks.
You're welcome.😂