Noetrix Partial TP
- Utilities
- Version: 1.60
Noetrix Partial TP is a visual trade and exit-management utility for MetaTrader 5.
It allows discretionary traders to divide an open position across up to five partial take-profit levels, adjust exit levels directly on the chart and monitor the remaining position volume.
The utility does not generate trading signals. It does not open positions without an explicit user action.
Main functions
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Management of one to five partial take-profit levels
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Allocation of the original position across the selected targets
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Projected monetary value displayed for each target
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Take-profit and stop-loss levels adjustable directly on the chart
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Target and stop placement based on the Average True Range indicator
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Independent timeframe and multiplier settings for targets and the initial stop
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Remaining-position tracking for each managed ticket
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Volume adjustment according to the broker’s minimum volume and volume step
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Manual break-even action
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Optional trailing stop based on the Average True Range indicator
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Confirmed full-position closing
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Support for hedging and netting accounts
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Local storage of settings by account and position
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Optional interface-hiding mode
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Optional account-wide daily loss protection
Position allocation
The position can be divided across up to five targets.
The total allocation must equal 100% before a new order can be sent from the panel. The utility adjusts executable volumes according to the volume limits reported by the broker.
Partial targets are managed by the utility. They are not submitted as multiple broker-side take-profit orders.
Exit plan information
The Exit Plan section displays separate information for the open and completed parts of a position:
Current result
The floating result of the remaining open position.
Realized result
The net result identified from completed partial exits. The displayed value is based on the corresponding MetaTrader 5 trading history, including profit, commission, swap and recorded fees.
Projected remaining result
An estimate of the result associated with the executable volume assigned to the remaining targets.
Stop-loss estimate
An estimate of the result that would be associated with the current stop-loss level and the remaining position volume.
When the utility is still identifying a completed partial exit, it displays “Result pending”. If the corresponding deal cannot be identified safely, it displays “Result unavailable”.
Projected values are calculated using the MetaTrader 5 profit-calculation function. Final execution results can differ because of spread, slippage, commissions, swap, fees and broker execution conditions.
Chart controls
Active take-profit and stop-loss levels can be moved directly on the chart.
During an adjustment, the interface can display the target number, allocation percentage, indicator distance and projected monetary value.
The interface can also be hidden while keeping the active exit and stop-loss lines visible. It can be restored from the chart when required.
Daily loss protection
The optional daily loss protection is disabled by default.
It can only be enabled after entering a positive loss limit and confirming the warning. When the configured account-wide limit is reached, the utility attempts to:
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Close open positions on the account
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Cancel pending orders
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Block new panel entries until the next broker day
This setting applies to the entire trading account, not only to the current chart or symbol. It should be tested on a demo account before being enabled.
Typical use
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Attach Noetrix Partial TP to the required symbol chart.
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Select the number of partial targets.
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Define the allocation for each target.
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Confirm that the total allocation equals 100%.
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Review or adjust the target and stop distances.
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Open a position from the panel or select an eligible existing position.
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Adjust the active levels when required.
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Hide the interface if only the exit lines should remain visible.
Operating requirements
Algorithmic trading must be enabled for order placement, partial closing, stop-loss modification, break-even, trailing-stop and daily loss-protection actions.
The terminal, chart and utility must remain running for chart-managed partial exits to operate.
Execution depends on the trading conditions and restrictions reported by the broker, including minimum volume, volume step, filling mode, stop level and freeze level.
The utility should be tested with the intended symbol, account type and broker configuration on a demo account before live use.
Noetrix Partial TP is an execution and risk-visualization utility. It does not guarantee trading results. Trading involves risk.
