Simple Trade Panel by Algostein
- Utilities
- Version: 1.0
Overview
Simple Trade Panel EA is a clean, lightweight trade assistant designed for manual traders who want fast and visual order placement directly from the chart.
No more fiddling with order windows – place Market and Pending orders, adjust Stop Loss & Take Profit using draggable horizontal lines, and instantly see your risk/reward ratio, point distance, and dollar value.
The panel features a modern “dirty pastel” color scheme that perfectly fits light chart themes, and can be hidden with a single click to keep your chart clean.
✨ Key Features
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One‑click Market Orders: Buy or Sell with pre‑defined SL/TP levels.
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Pending Orders: Supports Buy Limit, Sell Limit, Buy Stop, Sell Stop. Entry, SL, TP are set via interactive horizontal lines.
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Visual SL/TP Management: Drag three independent horizontal lines directly on the chart:
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Entry (only for pending orders)
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Stop Loss (red line)
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Take Profit (green line)
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Real‑time Info Panel:
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Displays SL and TP in points and account currency ($).
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Shows Risk:Reward ratio (e.g., RR: 1:2.5).
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Smart Lot Validation: Automatically rounds lot size to broker’s allowed step, enforces min/max limits – no more rejected orders.
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Built‑in Magic Number: Separate panel trades from other expert advisors (configurable input).
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Hide/Show Button: A small +/− toggle always stays visible in the top‑left corner; one click collapses or restores the entire panel.
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Line Labels: “ENTRY”, “SL”, “TP” captions displayed near each horizontal line for absolute clarity.
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Light Theme Optimized: Soft pastel colors, black text – perfectly readable on white or light backgrounds.
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Instant Chart Updates: All values refresh immediately when you drag lines or change lot size.
📈 How It Works
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Attach the EA to any chart (EURUSD, Gold, indices – works on all symbols).
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Use the Mode button to switch between Market and Pending order types.
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Enter your desired lot size – the EA validates it against symbol specifications.
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Adjust SL/TP lines on the chart simply by dragging them.
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Watch the panel update:
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SL: 150 pts ($15.00)
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TP: 300 pts ($30.00)
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RR: 1:2.0
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Click Buy/Sell for instant market order, or Place Pending to set a pending order.
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The +/- button at any time hides the panel to free up chart space.
🎨 Visual Style
Dirty pastel palette: soft wheat, old lace, lavender, muted green and red.
The RR ratio is highlighted in large green font for quick visual feedback.
Line colors are carefully chosen – steel blue (entry), indian red (SL), dark sea green (TP) – ensuring good contrast without eye strain.
⚙️ Input Parameters
| Parameter | Default | Description |
|---|---|---|
| InpLotSize | 0.01 | Initial lot size |
| InpSLPoints | 300 | Default SL distance (points) |
| InpTPPoints | 600 | Default TP distance (points) |
| InpMagicNumber | 12345 | Unique identifier for panel’s orders |
🔒 Safety & Reliability
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All orders are placed with proper stop‑level checks; if SL/TP are too close to the current price, the EA alerts you.
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Lot size is automatically validated against the symbol’s minimum, maximum, and step.
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The panel performs no automated trading – you are always in control.
📝 Requirements
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MetaTrader 5 platform (build 2000 or later recommended)
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Any broker, any symbol (forex, commodities, indices, crypto)
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Hedging or netting account mode supported
