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Quick Panel Hedging

Note: This EA only works on Hedging account. The MetaTrader 4 version Quick Panel

This Panel is an Expert Advisor, which provides six groups of trading panel.


Features

  • Most trading operations can be quickly made by clicking the button on these panels.
  • Changing panels is quick just by clicking the green button.
  • The EA can run on visual chart on the strategy tester, which provides an easy method to practice trading on history data.
  • Click the mouse to quickly modify the stop loss and take profit (cannot be used for backtesting)
  • Show the average price on a yellow-background panel and draw the lines of the avarage price. Click here


Panel

The panel includes two columns. The left column is about sell and the right is about buy.

  • sell: open a sell order.
  • first: close the first sell order. The first refers to Open Time.
  • last: close the last sell order. The last refers to Open Time.
  • all+: close sell orders in profit.
  • all-: close sell orders in loss.
  • max+: close the sell order with the max. profit.
  • max-: close the sell order with the max. loss.
  • min+: close the sell order with the min. profit.
  • min-: close the sell order with the min. loss.
  • All: close all sell orders.
  • buy: open a buy order.
  • first: close the first buy order. The first refers to Open Time.
  • last: close the last buy order. The last refers to Open Time.
  • all+: close buy orders in profits.
  • all-: close buy orders in loss.
  • max+:close the buy order with the max. profit.
  • max-: close the buy order with the max. loss.
  • min+:close the buy order with the min. profit.
  • min-: close the buy order with the min. loss.
  • All: close all buy orders.


Inputs

  • Magic Number: Magic Number of orders opened by this EA.
  • Stop Loss in Pips: the Stop Loss in pips
  • Take Profit in Pips: the Take Profit in pips
  • Max Buy Orders: the maximum number of buy orders. If it is 0, there is no limitation.
  • Max Sell Orders: the maximum number of sell orders. If it is 0, there is no limitation.
  • Max Buy Lots: the maximum lots to open a buy order. If it is 0, there is no limitation.
  • Max Sell Lots: the maximum lots to open a sell order. If it is 0, there is no limitation.
  • Lots Mode: this is a two-option input. The option is Fixed_Lots, OneThousand_Lots.
  • Fixed Lots: if you select Fixed_Lots as LotsMode, the EA will trade with the fixed lots.
  • Lots Per Thousand: if you select OneThousand_Lots. as LotsMode, the EA will calculate lots with this ratio.
  • ShiftX: the horizontal space from the right lower corner.
  • ShiftY: the vertical space from the right lower corner.


How Is Lots Determined?

If you select OneThousand_Lots as LotsMode, then lots is calculated as the formula:

lets say 0.05, free margin = 3200;

the calculated lots = free margin /1000 * 3200/1000 *0.05 = 0.16

If MaxBuyLots (or MaxSellLots) is larger than zero, then compare this lots 0.16 with the MaxBuylots (or MaxSellLots) to get the smaller one.

If MaxBuyLots(or MaxSellLots) is not larger than zero,there is no comparing.


Compare with another version Quick Panel Pro (Link):

  1. Quick Panel Pro: each order has SL/TP, and TP is equal to SL * Reward Risk Ratio.
  2. Quick Panel: each order 's SL/TP depends on the input StopLossInPips/TakeProfitInPips, and TP is independent of SL.


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Version 5.30 2024.09.10
New feature added: Quickly modify the stop loss price and take profit price of all orders
1. Hold down the Shift key and click the mouse to quickly modify the stop loss price of all orders
2. Hold down the Ctrl key and click the mouse to quickly modify the take profit price of all orders

Example 1: Modify the stop loss price for long orders
Hold down the Shift key and click the mouse below the market price. EA will immediately modify the stop loss of all long orders to the price where the mouse clicked

Example 2: Modify the take profit price for long orders
Hold down the Ctrl key and click the mouse above the market price. EA immediately changes the take profit of all long orders to the price where the mouse clicked

Example 3: Modify the stop loss price of short orders
Hold down the Shift key and click the mouse over the market price. EA immediately changes the stop loss of all short orders to the price where the mouse clicked

Example 4: Modify the take profit price of short orders
Hold down the Ctrl key and click the mouse above the market price. EA immediately changes the take profit of all short orders to the price where the mouse clicked

Note:
1. The stop loss price for long orders must be below the market price, and the take profit price must be above the market price
2. The stop loss price for short orders must be above the market price, and the take profit price must be below the market price
3. It is to modify all orders (opened by EA), rather than individual order

GIF illustration :
https://c.mql5.com/31/1180/mt5-quickpanel-ms-sl-tp.gif
Version 5.20 2024.09.07
Optimized the part of showing basic settings,now users can set the font size and row space
Version 5.10 2024.09.06
Code Optimization
Version 5.0 2024.09.06
Show the basic parameters on the left_upper of chart
Version 4.90 2024.09.02
Added breakeven and trailing stop
Version 4.80 2023.11.04
Add two inputs for the average price panel
1. Font Size: adjust the size of font
2. Row Space: adjust the row space
Version 4.70 2023.11.02
added two setting parameters:
1. Button Font Size - Set the font size of button text
2. The Overall Scale Ratio : Scale the overall size of the panel.
Version 4.60 2023.07.26
Optimize the calculation of the net price.
Version 4.50 2023.05.26
Add input "Is the Panel movable with mouse" for average price panel
Version 4.40 2022.06.17
Code optimization
Version 4.30 2022.04.14
Create a folder for saving screenshorts
Version 4.20 2021.11.23
Code optimization
Version 4.13 2021.11.11
Fixed a minor bug.
Version 4.1 2021.11.11
Now the EA added two features:
1.A yellow-background panel to show the average price of buy orders,the average price of sell orders,and the net price.
2.Draw the average price lines and the net price line
Version 4.0 2017.07.31
Added feature:
The EA can run on visual chart in the strategy tester, which provides an easy method to practice trading on history data.