OrderCanvas Trade Panel MT4

Free MT4 trade panel and trade manager: lot size from your stop-loss risk, drag entry, stop loss and take profit lines on the chart, one-click break-even with commission and swap included, and an in-chart order and analytics pane. Nothing is sent until you press the order button. Works on Windows and Mac / Wine MetaTrader 4.

Pick a side and the entry, take profit and stop loss appear as draft lines; adjust them there, check size and risk, then send. The order pane below the chart keeps the record, including trades from your phone and other EAs.

What changes in daily trading

• Size from the stop: enter your risk as money or as a percentage of equity and drag the stop line; the lot size follows the stop distance.

• Change orders on the chart: drag a line (applied on release) or type into the price box at its end. No order dialog.

• Out at break-even in one click: the lock on a position line moves the stop to break-even (entry plus commission and swap); before price has got there, it puts the take profit at break-even instead. With two or more positions on one side, a cost line marks their average break-even and takes all of them out there (Shift+X by default).

• Manage every trade on one chart: phone, desktop and other-EA trades appear on chart lines and in the order pane with buy/sell execution arrows on bars, while non-blocking Close all clears multiple MT4 tickets without freezing the chart.

• Records without exporting: net P/L after costs, drawdown and each trade's largest floating loss (MAE, computed from M1 bars); a click on any row takes the chart to that trade.

01 · Order ticket

Market, Limit and Stop orders. Size by lots, margin, percentage of equity, risk money or risk percentage. Take profit and stop loss default to money in the account currency and can also be set in ticks, price or percent; each has its own switch, and the equivalent in another unit is shown beside it. Every selector opens a compact list under itself and closes on a second click. Reward:risk is always shown and can be locked, so moving one exit moves the other. Switching between Limit and Stop keeps the line where you placed it. A price on the wrong side shows the reason above the field and a red "!" on its line. Nothing is sent until you press the order button; one-click trading is a switch you turn on yourself.

02 · Order lines & three-state TP/SL

Drag any order or position line to change its price, or pull a new take profit or stop loss out of it. Turning off the ticket TP/SL switch keeps a gray dashed reference line (still used for Risk % sizing, kept on the live position across symbol/timeframe switches and terminal restarts, and promotable to a real broker SL/TP via Enable). Position lines carry break-even (a lock, green when the stop can move to break-even), partial close, reverse and close; unfocused lines fold secondary buttons into ··· when multiple trades share the chart. Drag the partial-close button out of the line to place up to three staged take-profit or stop-loss levels. A clock on a pending order changes its time in force: good till cancelled, today, or 1 / 4 / 24 hours where the broker allows. With hotkeys on, Shift+B / Shift+S let an order follow the pointer, and L / P move the stop or target of the order nearest the pointer.

03 · Order pane & trade analytics

The in-chart order pane under the candles manages positions and pending orders from this panel, MT4 mobile and other EAs (with Source labels and inline SL/TP cell editing across symbols). History records Source, closing SL/TP highlights, MAE, commission and swap; Analysis shows equity and drawdown curves, P/L distribution, long against short, and results by weekday, hour and holding time.

04 · Sessions, chart controls & visual style

A new installation adds only the panel and the order lines and leaves your chart colours untouched, or applies a clean dark or light chart style on request. Asia / Europe / US opens and closes appear along the bottom of the chart (Tokyo 09:00–18:00, London and New York 08:00–17:00 local time, daylight saving included) with a 5-minute reminder; major Tokyo, London and New York market holidays are marked. Smooth mouse-wheel horizontal zoom on the candle chart, vertical price-scale wheel zoom on the bottom time axis, free drag pan and a quick jump-to-latest button keep chart navigation effortless. Buy/sell execution arrows and entry-to-exit connector lines on bars can be toggled anytime via Show trade markers in Settings → Interface.

05 · Protection and Bento Settings

• Protection, off by default: maximum spread and maximum risk per trade refuse oversized entries. Optional automatic break-even at +xR, trailing stop (closed-bar ATR, high/low of the last N bars or R steps, tightening only) and a one-time partial close (automated rules never touch another EA's orders, and multi-chart election prevents duplicate modifies). Hotkeys and one-click trading stay off until you turn them on; a real account asks once before the first order.

• Resizable Bento Settings with instant click-to-preview (OK saves, Cancel reverts), smooth mouse-wheel scrolling without moving the chart behind it, search, per-group reset and 5 custom #HEX / RGB theme colours. Interface in 12 languages (English, Chinese + 10 beta languages) with a 7-step onboarding guide.

Inputs

Default lots, Size by risk %, Risk % per trade: the ticket's starting size and sizing mode.

Default stop loss and take profit (ticks), Default reward:risk: the starting exits.

Pending order offset (points), Max slippage (points).

Magic number: magic number stamped on orders opened by this panel (managing external sources is a setting inside the panel).

Demo accounts only: blocks trading on real accounts when switched on.

Dark chart style, Keep chart space for the panel, Wheel zoom and drag pan, UI font, Text size %, Interface language (Show EMA 20 / Show ATR 14 are shared preset inputs; on MT4 attach indicators directly or save them in your chart template).

Notes and known limitations

Works on MetaTrader 4 hedging accounts and on any symbol the broker offers. Enable "Allow live trading" in the EA's Common tab when trading. The panel trades only when you click or press a hotkey you have switched on; it never opens positions by itself. Every function can be tried in the Strategy Tester in visual mode before downloading.

Known limitations: MetaTrader 4 sends trade operations sequentially, so bulk actions (such as Close all) execute through an internal non-blocking queue one ticket per timer pass; MAE is computed from available M1 bar history. If something is slow or fails, MQL4\Files\OrderCanvas\diagnostics.log (no account data) helps find the cause; please attach it when reporting an issue.