Trade Panel for Metatrader5/4

Project Overview:

We aim to replicate and enhance a trading software similar to "Forex Trade Manager MT5" available on the MQL5 marketplace. The objective is to create a user-friendly trade panel for MetaTrader 4 and 5, simplifying order placement and trade management for traders in fast-paced markets.

Branding: Saying on top “Developed by Profectus.AI” with a sub-claim “Democratizing algorithmic trading”

Trading Platform Compatibility:

The trade panel should be compatible with both MetaTrader 4 and MetaTrader 5, catering to a wide range of traders.

Core Features:

• Order Placement: The panel should facilitate effortless order placement, eliminating the need for manual entry of opening price, stop loss, take profit, and trade size.

• Capital Management: The software should include an intelligent capital management system that calculates the appropriate trade size based on the trader's defined risk percentage of available capital.

• Risk Assessment: Traders should be able to set their desired level of risk, which the program will use to provide:

• The acceptable transaction size for the defined risk and stop loss size.

• Stop Loss and Take Profit values in pips, points, and account currency.

• Risk-to-reward ratio calculations.

• Additional Information:

• Trade management and risk control within the project

• Advanced functionalities, including automatic break-even, trailing stop, partial closures, and the implementation of one-cancels-the-other (OCO) orders. These features are pivotal for optimizing trade management

• Software needs to be quick and light: Emphasize the project's overarching goal of providing traders with a robust toolkit to respond swiftly and effectively to ever-changing market dynamics.

• Requisite compatibility of the software with an extensive array of asset types, encompassing currency pairs, indices, metals, commodities, cryptocurrencies, and more, to cater comprehensively to diverse trading preferences.

• Extend an invitation to potential developers for a trial version of the software, allowing them to conduct a thorough evaluation. This gesture underscores our unwavering commitment to delivering a high-quality product and fostering collaboration with skilled professionals.

Enhancements and Improvements:

• User Interface: Make the UX outstandingly good

• Order Types: Include additional order types such as pending orders to expand trading options

Technical Requirements:

The project will be developed using MQL4 and MQL5 programming languages, ensuring compatibility with MetaTrader platforms. Ensure that the software is robust and reliable.

Appendix/ Visualization

Video about the trading panel