Rhino Dashboard Trade Panel MT4

Rhino Dashboard Trade Panel is a trade panel and risk manager for MetaTrader 4, made for manual traders. A top bar and one panel replace the order dialogs. A position size calculator turns your stop into a volume, each order is sent with its exits already planned, and a daily loss limit, weekly and monthly rules watch the whole account. The dashboard trades only when you click. Its rules can block new trades or close positions when a limit you chose is reached.

MetaTrader 5 version: Rhino Dashboard Trade Panel MT5
User manual: Rhino Dashboard Trade Panel user manual
Download of Demo version: 7-Days Trial version

Top bar: account, prices and P/L

The top bar runs along the top of the chart and shows the state of the account at a glance.

Account
The product name and version, a DEMO, LIVE or TESTER badge, hedging or netting, and a warning with the reason when trading is off.

Symbol and prices
Click the symbol to open the watchlist: search every symbol of the broker, star the ones you use, and switch the chart symbol and timeframe. Next to it are Bid, Ask, the spread and the change of the day.

Money
Balance, equity, margin, free margin and margin level.

Profit and loss
The P/L of today, the week, the month and in total. A small gauge under the day, the week and the month shows how much of its loss or target rule is used.

Time
The server clock and the time to the candle close. Click it for the candle timers, the Sydney, Tokyo, London and New York sessions, the server, local and UTC clocks, the next news event and the time to the week close.

Button What it does
Panel Shows or hides the main panel
Trades on chart Shows or hides the labels of your positions and orders on the chart
Theme Switches between the dark and the light theme
Settings Language, appearance, top bar items, trading defaults, alerts, news and data
About The version and the account the dashboard runs on
Remove Removes the dashboard from the chart, after a confirmation

Main panel: New Order, Orders, News, Stats and Risk

New Order
Choose Buy or Sell, the size by lots, money or a percent of the account, and a market, limit or stop order. The work is split into five sub-tabs. Order is the position size calculator: set the SL and TP in price or pips, or let the TP follow the SL by a reward to risk ratio, and read the volume, risk, reward and margin before you send. Exits plans up to four partial close levels, each able to move the SL. Auto holds the break-even with a trigger and a lock, and the trailing stop in four modes: continuous, new bar, step and ATR. Grid places a basket of orders with a shared SL and TP and shows the worst case. More holds slippage, maximum spread, magic number, comment, expiry and the order guards. A trade box on the chart shows the same levels, and you can drag them.

Orders
Positions lists the open trades with their P/L, the open risk and the margin; edit, close or inspect one, or close all, the winners or the losers. Pendings lists the pending orders, with delete and delete all. History shows the closed deals with a filter by period, symbol, side, result and magic, a summary with the profit factor, and an export to CSV.

News
An economic calendar from the built-in MetaTrader calendar for today, tomorrow or the week. Filter by impact and currency, or take the currencies of the chart or the watchlist. For each event you can switch on a sound alert, a line on the chart and the news guard, which limits trading around the release. The next event has a countdown.

Stats
Your trading statistics. Calendar is a monthly P/L calendar: click a day to list its trades. Analysis filters by period and session and has three views: the trades with an export, a summary with the win rate, expectancy, maximum drawdown, long against short and the streaks, and charts of the balance curve and of the daily, weekly, monthly and session results.

Risk
Gauges for the daily loss, the daily target, the drawdown and the open risk, and the kill switch, which closes everything and stops new trades. P/L Rules sets a loss limit and a profit target for the day, the week and the month, in money or percent, each with a warning level, notifications (popup, sound, alert, e-mail, push) and its actions: block new trades, close positions, delete pending orders or switch the expert off. Limits sets the risk per trade, the maximum volume and spread, the minimum free margin, trades per day and week, a pause after a loss streak, a stop after a win streak, the trading hours and days, a news block and a Friday close.

About Rhino Dashboard and RhinoQuant

RhinoQuant is the name under which I build trading tools for MetaTrader 4 and MetaTrader 5, for traders who take their own decisions: the tools help to plan, measure and review a trade, and they never trade for you. Rhino Dashboard started from a simple fact: most traders know their rules, but keeping them in a fast market is the hard part. So the limits you set in a calm moment are kept by the panel when the day goes wrong, and every refusal names the rule that stopped the trade. The windows are drawn with RhinoQuant's own graphics library, and the risk rules are checked by an automated test program in the Strategy Tester.

Live trading and Strategy Tester

Part Live chart Strategy Tester
Panel, sizing, orders, exits Yes Yes, in visual mode; values are set with step buttons
Risk rules and limits Yes Yes, on the tester's time
Economic calendar Yes No, the tester has no calendar
Push and e-mail Yes, when enabled in the terminal No

The Strategy Tester replays historical data: what you see there is a simulation, not real trading results.

Getting started

Attach the dashboard to any chart and allow algorithmic trading. Open Risk and set your daily loss limit and the limits you want. In New Order choose the size by risk, set the SL and TP, add the exits and press Send. Then follow the trade in Orders and the day's result in the top bar. All settings are made in the panel and saved per account, so they survive a restart and a change of the chart symbol or timeframe.

Questions, support and feedback

Does it open trades by itself? No. It sends only the orders you confirm, and acts on its own only for the exit plan of a trade and the risk actions you enabled. Hedging and netting accounts are both supported; the grid needs hedging. The panel speaks English, Russian, Chinese and Spanish.

If you find a bug or have an idea, please write in the Comments tab of this product or send me a private message on mql5.com. Every report is read, and your requests shape the next versions. If the dashboard is useful to you, a review on this page helps other traders decide and shows me what to improve.

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Wang Yu
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