• Overview
  • Reviews (2)
  • Comments (17)
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Trading panel with risk management

5

Robust trading panel for use on any symbol (including RangeBars or Renko custom symbols). The tool can be placed anywhere on the chart and offers the following array of features:

  • One-click instant order entry.
  • Pending order entry using horizontal lines on the chart
  • Pending order entry using keys in Entry price (E/P) and optional Stop Loss (S/L) and/or Take Profit (T/P)
  • A choice between fixed trading volume or risk-based volume calculation based on the available account equity, entry price, and the stop loss level
  • Optional confirmation of risk-based calculated volume before placing a trade
  • S/L and T/P levels can be entered in Pips or as Price levels
  • Modification of positions and orders using horizontal lines on the chart
  • Instant "Close All" positions button with optional confirmation (only the positions on a particular symbol)
  • Close or Delete selected positions and orders via the [X] button displayed on the open price level
  • Display of position and order levels on custom symbol charts such as Renko or RangeBars
  • Optional confirmations for instant or pending buy/sell operations as well as for the Close and Delete commands

The panel's settings include:

  • Confirmations: (Whenever a confirmation is set to "True", a message box will be displayed asking the user to confirm or abort the operation.)
    • Confirm close command (True/False)
    • Confirm close all command (True/False)
    • Confirm delete command (True/False)
    • Confirm market order entry (True/False)
    • Confirm pending order entry (True/False)
    • Confirm risk-based volume calculation
  • Trade Settings:
    • Trade using the symbol (Default value uses the symbol from the chart) - This setting is used for trading on custom symbol charts such as Renko or RangeBars
    • Deviation points (maximum permissible deviation from the desired entry price in points)
    • Max. number of retries - the maximum number of retries on requotes and server busy error messages when placing trades
    • Retry after busy [ms] - number of milliseconds to wait before retrying to place a trade after the following errors from the server
      • Request rejected
      • Request processing error
      • Request canceled by timeout
      • No quotes to process the request
      • Too frequent requests
    • Retry after requote [ms] - number of milliseconds to wait before retrying to place a trade after REQUOTE from the server

Custom symbol charts of Renko and RangeBars that the panel is 100% compatible with can be obtained from the MQL5 Market:

Renko: https://www.mql5.com/en/market/product/29005

RangeBars: https://www.mql5.com/en/market/product/28956

Tick charts: https://www.mql5.com/en/market/product/29215

Volume Bar Charts: https://www.mql5.com/en/market/product/47197


Reviews 2
Hector Corrales
54
Hector Corrales 2021.05.31 22:08 
 

This is the best EA to trade!!

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This Expert Advisor constantly monitors the equity of your trading account to prevent costly drawdowns and/or to comply with trading rules. When a certain set of rules are breached, the EA will alert, close all trades and in some cases, delete all pending orders. Optionally, it can also close all charts to remove all EAs operating in the account. This EA is particularly useful for Prop Trading Challenges, such as the FTMO Challenge or PZ Challenge. [ Installation Guide | Update Guide | Troubles
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Latency arbitrage is a trading strategy that allows traders to make instant profits by acting fast on opportunities presented by pricing inefficiencies between two or more brokers: it entails trading against a lagging broker knowing the future price in advance, received from other price feed, fractions of a second earlier. These inefficiencies can be caused by liquidity providers or network issues on the broker's side. Under ideal trading conditions, latency arbitrage is a zero-risk strategy tha
499 USD
MT5 to Telegram Signal Provider   is an easy to use fully customizable utility that allows sending of   specified   signals to Telegram’s chat, channel or group, making your account a   signal provider. Unlike most competing products, it uses no DLL imports. MT4 Version:  https://www.mql5.com/en/market/product/63550 Setup A step by step user guide is available at:   https://www.mql5.com/en/blogs/post/747833 No knowledge of Telegram API is required; all you need is provided by the developer.
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FiboPlusWaves MT5
Sergey Malysh
5 (1)
FiboPlusWave Series products Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications).    Features: without delving into the Elliott wave theory, you can immediately open one of
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The indicator combines the features of both the Tick charts and Volume Bar charts. The mode can be selected in the indicator's settings. Tick charts measure the number of transactions per bar. To give you an example if you have a 233 tick chart, each bar measures 233 transactions per bar and a new bar is plotted after 233 transactions. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). Volume bar charts are desi
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A professional line break chart which is displayed directly in the chart window thus making it possible to trade directly from the MetaTrader 5 charts. The line break chart can be displayed as the most widely used 3 line break chart or a custom variation such as 2 or 5 line break chart . Wicks can be displayed or hidden on the chart - they give a lot of additional information regarding the underlying price action. The indicator's settings include: Line break number - determines the number of lin
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Professional renko charting on a custom symbol chart accurate pricing to the tick  accurate timeline (no future date projections ) every renko variation in a single package very responsive charts optional display of live trade levels on the chart An Expert Advisor (EA) used to create custom Renko charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. All historical renkos are constructed using real tick data from the broker's server.
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A utility used to create custom Tick or Volume bar charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. You can attach any MT5 compatible indicator or template to the tick chart and perform your technical analysis. Tick charts measure the number of transactions per bar. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). The generator uses tick data to plot
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Robust median Renko style indicator for creating custom charts resembling Median Renko, Mean Renko, Turbo Renko and Better Renko candles as well as vanilla Renko with wicks plus Point-O charts. This all in one package provides all of the signals needed by day traders, scalpers, and even long-term traders. Main characteristics The indicator is an overlay on the main chart so it is possible to utilize one-click trading and order manipulation directly on the custom charts. Visual order placement
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Professional range bar charting on a custom symbol chart accurate pricing to the tick  accurate timeline (no future date projections) very responsive charts An Expert Advisor (EA) is used to create a RangeBar custom chart and provide real-time updates. It is an MT4 "offline" range bars chart equivalent. The simplicity of use - Attach the EA to any time-based chart that you wish to see Range Bars for, input your desired parameters and you are ready to go! You can attach any MT5 compatible indicat
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The robust charting solution enables creating custom live range bar charts on the MetaTrader 4 trading platform. You can apply all of the standard and custom indicators and technical studies directly to the range bar charts and you can run EAs directly on these charts as well* (for details see text below the input summary). To create a range bar chart you need to attach the Range Bar indicator to a standard time frame (1 minute is recommended) and use the indicator's settings to generate a live
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The professional line break chart generator is used to create live line break charts (i.e. 3 line break ). The chart is plotted using MT4's offline charging facility thus making it possible to trade* directly from the chart as well as attach any of the standard or custom indicators to perform technical analysis. The line break chart can be displayed as the most widely used 3 line break chart or a custom variation such as 2 or 5 line break chart . Wicks can be displayed or hidden on the chart - t
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A countdown timer for the  Volume bar chart generator  and  Tick chart generator  products, which are available for download from the MQL5 Market: Tick chart generator: https://www.mql5.com/en/market/product/29215 Volume bar chart generator: https://www.mql5.com/en/market/product/47197 The counter conveniently displays the number of ticks or transactions (depending on the chart) that need to pass for a new bar to start printing. The user can set the following indicator inputs. Volume type
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Range Bars for MetaTrader 5 is a unique tool for conducting technical analysis directly on the charts, as the indicator is an overlay on the main chart and range bars are calculated using real tick data. The trader can place and modify orders directly on the range bar chart (even with the use of one-click trading). Apart from range candles, the indicator also includes the most commonly used technical studies which are 3 moving averages (Simple, Exponential, Smooth, Linear-weighted, Volume-weight
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The extreme volume indicator helps identify turning points in the market by pinpointing spots of higher than average volume. Such points usually indicate the start of a trend or a turning point in the market. The indicator averages out volume readings over an extended period of time and calculates a volume threshold level. When this level is breached, it identifies the most likely trend direction using the trend of the candle that breached the volume threshold. The direction indicator (red or gr
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CMI - Profit from trending and ranging markets. The CMI indicator is a two-part system used to trigger both trend and counter-trend trades, that has been introduced by Daniel Fernandez in an article published in Currency Trading Magazine (August 2011 issue). It is a simple, yet effective indicator, which gauges whether the market has behaved in a choppy (non-directional) manner or trending (directional) manner. CMI calculates the difference between the most recent bar's close and the close n bar
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The trend scalper candles are used to identify short-term trends based on the readings of the MACD, RSI and ATR indicators. All indicator calculations are visualized by candle colors which are overlapped on the chart. The indicator uses gray , green and red colors to paint individual candles, which gives you a lot of useful and easy to read information. Gray candles Gray candles indicate a range bound period and the information can be used to trade breakouts. Simply mark the high and low of th
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The Trade Tracker Library is used to automatically detect and display trade levels on custom charts. It is an especially useful add-on for EAs that trade on custom charts in MT5. With the use of this library, the EA users can see trades as they are placed via the EA (Entry, SL & TP levels) in real-time. The header file and two examples of EA skeleton files are attached in the comments section (first comment). The library will automatically detect the tradable symbol for the following custom
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Hector Corrales
54
Hector Corrales 2021.05.31 22:08 
 

This is the best EA to trade!!

Daniel Gomes
400
Daniel Gomes 2018.09.15 01:02 
 

User didn't leave any comment to the rating

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Version 1.6 2019.07.14
Bugfix or certain symbols.
Version 1.5 2019.06.10
Added option to select parameter used in risk-based volume calculation (Free Margin, Account Equity, Account Balance)
Version 1.4 2018.07.24
Bug fixes