MultiCurrencyLite MT5

Everything You Need Before Starting a Trade
Network Connection / Broker / Symbols / Historical Order Benchmarks / Current Order Status


1. Symbol’s Trading Privileges – Ensure the symbol is tradable.
2. Order Execution Mode – Check the broker’s execution type.
3. Trade Session Hours – Verify the trading hours.
4. Min/Max Lot Sizes – Check the allowed lot range.
5. Max Pending Orders – Confirm the maximum number of pending orders allowed.
6. Freeze Point & Pending Order Distance – Minimum distance required for pending orders (0 = optimal).
7. Min SL/TP Points Required by Broker – Minimum stop-loss/take-profit points (0 = optimal).
8. Account Leverage – Verify the leverage level.
9. Margin Call – Required margin level must be > 100% to open an order.
10. Margin Stop-Out – Forced order closure if margin falls < 30%.
11. Day Bars – Number of D1 bars available.
12. Latency Check – Difference between the symbol’s server time and quote time.
13. Trade Server Name – Identify the connected trading server.
14. Terminal Version – Ensure the trading platform is up-to-date.
15. Server Time Zone – Note that on weekends, the value may be inaccurate due to market closure.
16. Current Server Time – Verify the real-time server clock.
17. Symbol’s Swap Timestamp – Swap normally occurs during the New York session.
18. Network Connection Ping – Measure the latency of the trading connection.
19. Historical Orders Holding Average Time – Analyze past order duration.
20. Historical Orders Negative Slippage Standard Deviation – Example: A sell order with SL at 1.10020 but closing at 1.10040 results in more loss.
21. Historical Orders Positive Slippage Standard Deviation – Example: A buy order with TP at 1.10100 but closing at 1.10120 results in more profit.
22. Historical Orders Excursion Points – Maximum Adverse Excursion (MAE) / Maximum Favorable Excursion (MFE).
23. Symbol Information & Spread – Check the current spread value.
24. Daily Change & Price Gap – Difference between yesterday’s D1 close and today’s open.
25. Tick Jump Down/Up Points – Consider ping value when analyzing jumps (reset daily).
26. Daily Swap Short/Long Changes – Track variations in swap values.
27. Current Swap Short/Long – Review the latest swap rates.
28. Tick Value – Example: 1 tick = 1 lot = $1 per point.
29. Margin Requirement – Example: 1000 means holding 1 lot requires $1,000.
30. Volatility (20 Days) – Compare symbol volatility, normalized with tick value (Tip: If volatility is 500, setting SL/TP points accordingly is effective).


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This is a high-risk strategy; it is recommended to set appropriate parameters. 1. Pending Opposite Stop Order – Used for breakout trading. 2. Multiplier – Determines the lot size of the opposite order. 3. Recovery Point – the distances of Pending Opposite Stop Order. For example, setting 200 for EUR/USD is reasonable. 4. Built-in Strategies – AutoSpike or AutoVolatility or AutoDatabase or Manually click-to-trade with your own strategy. 5. SL USD and TP USD – Money-based stop-loss or take-profi
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Panel Tool – Button Click Trading (Replaces Default Trade Panel) Features 1. Open or close Long positions with a button click. 2. Open or close Short positions with a button click. 3. Set lot sizes. 4. Set Stop-Loss (SL) or Take-Profit (TP) points (0 = not used). 5. Set order comments. 6. Display the Break-Even price . 7. Show total Long and Short lot sizes. 8. Display Profit or Loss in USD. 9. Show daily Profit or Loss in USD. 10. Set ID = 0 to manage manual orders together .
FREE
OrderAssistant
Hao-Wei Lee
5 (1)
Panel Tool – Button Click Trading (Replaces Default Trade Panel) Features 1. Open or close Long positions with a button click. 2. Open or close Short positions with a button click. 3. Set lot sizes. 4. Set Stop-Loss (SL) or Take-Profit (TP) points (0 = not used). 5. Set order comments. 6. Display the Break-Even price . 7. Show total Long and Short lot sizes. 8. Display Profit or Loss in USD. 9. Show daily Profit or Loss in USD. 10. Set ID = 0 to manage manual orders together .
FREE
Everything You Need Before Starting a Trade Network Connection / Broker / Symbols / Historical Order Benchmarks / Current Order Status 1. Symbol’s Trading Privileges – Ensure the symbol is tradable. 2. Order Execution Mode – Check the broker’s execution type. 3. Trade Session Hours – Verify the trading hours. 4. Min/Max Lot Sizes – Check the allowed lot range. 5. Max Pending Orders – Confirm the maximum number of pending orders allowed. 6. Freeze Point & Pending Order Distance – Minimum distanc
FREE
Probability of Price Features 1. Displays Probability and Key Price Levels. 2. Key Price Levels: Calculated as (Buy + Sell) × (Limit + Stop) = 4 Lines, shown when Probability > 55%. 3. Time Frame Dependency: Each Time-frame has different OHLC prices, affecting Probability calculations. 4. Breakout Condition: If the price breaks the historical Highest or Lowest, Probability may reach 99%. 5. Parameter: PatrolPoints = 8 : The indicator recalculates only when the price moves over PatrolPoints (f
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