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Trade Panel Pro by RunwiseFX

FREE

Published: 8 May 2020

Current version: 4.5

Trade Panel Pro by RunwiseFX

4.89

Utilities
Runwise Limited
Version: 4.5
Updated: 12 April 2024

Fully functional manual trade panel with lot size calculation, one-click trading, hidden (virtual) stop loss/take profit and pending orders, scale in and out of trades (partial close), auto SL/TP and more. Works with all symbols not just currency pairs. Brings an incredible amount of functionality to MetaTrader for free and for both demo and live accounts.

Features

Lot size calculation - based on % of account to risk, fixed amount or dynamic lots
Automatic take profit based on risk reward ratios, pips or amount
Partial closes (scale-out)
Hidden (stealth) stop loss, take profit and pending orders
Easy to use configuration pop-up forms via CONFIG button
Stop loss, take profit lines can be positioned manually on the chart
Automatic stop loss - variety of calculation methods can be selected
Trailing stop loss and break even, which can be triggered when target reached
Trail with latest indicator value, e.g. trail SL with Parabolic SAR
Sets broker SL/TP as backup but further away than hidden level
Hidden pending lines can be set to alert or trade, based on market price or candle close. Can be set with expiry and auto One Cancels Other (OCO).
Scale in (open additional tickets), plus automatic scale-in when target reached
News events (both text and vertical lines)
Optional multi-trade mode for multiple trades / pending orders on the same chart/symbol, all with separate SL/TP
Can be configured on a per symbol and/or timeframe basis, e.g. to have different SL for different symbols or timeframes
Includes indicators providing multiple timeframe trend, support/resistance, pivots, average daily range (or average true range - configurable), current spread and ask/bid prices in large text, color coded as price changes
Logs trades including execution time, slippage and profit, in a spreadsheet CSV file
Robust error handling
Additionally: Can download configuration from our library to give a Close All Trades button on account
Underlying code base has been in live use since 2015

Important: If you have problem with EA then please message us before writing a review. It's usually a simple matter to address. If it turns out to be a bug then we have a good track record of issuing a new version quickly. Thank you.

Important: If you have problem with EA then please message us before writing a review. It's usually a simple matter to address. If it turns out to be a bug then we have a good track record of issuing a new version quickly. Thank you.

Usage

See video below. Also, see our product manual in pdf format.

EA Inputs

The system is configured via the panel's CONFIG button rather than relying on inputs. However, here are a few inputs you may wish to change:

Important_brokerSLTPSetOnOrderSend - set to true if broker requires SL to be set on Order Send (can also be set in CONFIGU button | Options), e.g. some European brokers require this, where classic ECN brokers require this to be false (default)
Main_confirm* - set to false to turn off confirmation dialogs on trade close click, for example
Main_selection* - change what is shown in the various selection lists
Main_panelShowSingleLotSetting - set to true to show single lots box on panel
Gen_forcePointToPipDivider - set to 100 if trading indices so 1 pip is 1 basis point for most brokers (can also be set in CONFIG button | Advanced)
Color_* - change color of the various lines
Style_line* - change style of the various lines
Gen_color* - change color of other items

more...

144

customanalog 2024.04.13 17:13 #

This is a sophisticated tool for trade entry and management. The options are more extensive than a number of paid programs I've seen, and it's free, which is amazing. Makes me want to check out their optimizing software, which also looks very cool. I've been involved with forex since 2008.

1707

Gabor Bocsak 2024.03.04 14:36 #

Somethig fantastic for free what you get for big bucks somewhere else! so many great options! Thank you for sharing!

40512398 2024.01.22 13:49 #

It is Awesome

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199 USD

99 USD

Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use

79 USD

199 USD

Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement. A‌lso features a statistics panel reporting the success of the combined indicator by examining the current cha

149 USD

79 USD

The indicator displays a matrix of indicators across multiple timeframes with a sum total and optional alert. Custom indicators can also be added to the matrix, in a highly configurable way. The alert threshold can be set to say what percentage of indicators need to be in agreement for an alert to happen. The alerts can turned on/off via on chart tick boxes and can be set to notify to mobile or sent to email, in addition to pop-up. The product offers a great way to create an alert when multiple

49 USD

Description Shows whether market is trending or not, to what extent, which direction, and if the trend is increasing. The indicator is very useful for trend following strategies. The indicator can also alert when the market transitions from being flat to trending, which can serve as a great entry point. The alert is controllable directly from the chart, with an on-chart tick box to enable the alert. Also includes bonus indicators of current spread and ask/bid prices in large text, color coded as

39 USD

Description Shows Heikin-Ashi candles (often misspelled Heiken-Ashi) on the chart and can alert when candles change color. The alert is useful for both entry and exit. The number of candles of the new color before an alert is raised can be set. The alert can be controlled interactively, directly from the chart. Also includes bonus indicators of current spread and ask/bid prices in large text, color coded as price changes. Usage Heikin-Ashi candles give a much better insight to the underlying tre

30 USD

Description The product draws lines on the chart to show daily support, resistance and pivot plus weekly and monthly pivot. An alert can be set when the price reaches one of the lines or the price closes above/below it. This can be useful for both entry and exit. The alerts can be controlled interactively directly from the chart. The product also includes bonus indicators of Average Daily Range (or Average True Range - configurable), current spread and ask/bid prices in large text, color coded

30 USD

Provides the simplicity of binary options but addresses the shortcomings of regular binary options, namely: Poor risk reward ratio, fixed duration trades, poor broker choice, poor indicators/alerts, no hidden (stealth) stop loss/take profit, etc. Features 1 to 1 risk reward ratio, calculated automatically (configurable) Manual (with alert) or automatic trade entry (on alert conditions) Lot size calculation (money management) - based on % of account to risk or fixed amount Compact interactive o

49 USD

The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak

159 USD

Allows symbols/currency pairs to be ordered based on a configured indicator, with the best performing symbols shown at the top. This helps you to select the symbol with better prospects from a given list of symbols. Can optionally alert when a symbol moves into the top two (configurable). Also shown is the number of pips that the symbol has moved in its current direction, allowing you to tell if you've 'missed the boat'. Further, a graph is shown, per symbol, of the indicator value over time all

39 USD

The indicator displays trend strength, including showing the transition from buy to sell and visa versa. It is ideal for trend following strategies and also highlights possible reversals/flattening trend with a yellow X on the indicator window. By default, the indicator does not repaint/flicker, however, there is an option to calculate on the live candle but even then the indicator will not repaint unduly. The indicator can also be used for exit. Usage Enter long/buy trade when the indicator t

39 USD

149 USD

159 USD

Shows whether market is trending or not, to what extent, which direction, and if the trend is increasing. The indicator is very useful for trend following strategies, where it can filter out flat/choppy markets. The indicator can also alert when the market transitions from being flat to trending, which can serve as a great trade entry point. The alert is controllable directly from the chart, via a tick box. Also, the product includes bonus indicators of the current spread and ask/bid prices in l

39 USD

Filter:

144

customanalog 2024.04.13 17:13 #

54627

Reply from developer Mark Mather 2024.04.13 19:07 #

Many thanks for the review. The paid for version also gives you access to our rules library which has lots of account management rules, additional buttons, etc.: https://www.runwisefx.com/library/

1707

Gabor Bocsak 2024.03.04 14:36 #

Somethig fantastic for free what you get for big bucks somewhere else! so many great options! Thank you for sharing!

40512398 2024.01.22 13:49 #

It is Awesome

Anne Bee 2024.01.19 10:24 #

I really like it. Super handy. Very much recommend

141

SUYANTO_SE 2023.12.25 15:01 #

Helpfull EA. Thank you very much to share it for free.

281

ruecha_m 2023.09.01 08:40 #

Thank you for this wonderful and handy utility.

144

james272 2023.07.13 12:59 #

it have many functions but because of this it very heavy. how to optimize ? whenever i change currency pair it stuck some then can change.

54627

Reply from developer Mark Mather 2023.07.13 13:06 #

? We replied to your comment about this in the Comments section with some ideas and said to get in touch if still having trouble

1381

ROBERT URBANSKI 2023.06.18 14:41 #

Great Panel for trading. Many options to understand but this is it power and free people take it don't miss it.

1042

Happy Scalper 2023.05.08 02:40 #

Hello everybody. Just wanted to give my review for the EA Trade Panel Pro by RunwiseFX . For starters, this author is the most responsive author in the MQL5 market place when you ask a question. Also, he is very humble when it comes to his great work. This EA is the most thought out EA I have ever used, and I have used a lot of them. The logic behind this EA is just amazing. It will make your trades much more profitable. If you do not give this EA a try, you will be losing out on a great way to earn more passive income. This is just my opinion, so take it with a grain of salt. But I have been trading with EA's for over 6 years and I am telling you this EA is the holy grail for adding consistent profits. And for FREE you would be a fool not to give it a try. Plus, this EA is worth $100 or more. So I would snag this EA up quickly before he comes to his senses and starts charging money. Thank you so much for changing my life for the better Mark. God bless you and your family. Happy Trading everyone!

54627

Reply from developer Mark Mather 2023.05.08 11:48 #

Many thanks for the detailed review. Our paid for versions offer even more features with access to our trade rules library, control from mobile and indicator automation/optimization.

Alex Florin 2023.03.16 13:32 #

Amazing, very helpful, thank you very much.

158

Andre Babiak 2023.01.07 20:50 #

Unbelievable value even with this free version. Thank you so much.

104

Steefy01 2022.09.23 02:38 #

Wow!

bzlbrush 2022.08.25 13:58 #

I downloaded this panel quickly and easily, I had a quick look at the video on this site and set the panel up on my charts, played around to check I was setting up and moving my trade and stop loss lines easily and used it for market trades and it worked first time, with correct risk percentage and price per pips calculated by the panel. It worked first time and allowed me to adjust the stop loss easily as market conditions moved so I can confidently press buy or sell immediately, stress free with my buy price, stop loss and target take profit clearly marked on the charts and moveable should I like to increase or reduce my targets. Basically it's everything I need. I will next look into pending trades but so farr, I've made 6% profit in 3 days, not bad!

118

Tu An Cao 2022.07.11 15:27 #

HOW in the world is this free?, I promise you when I trade up to be rich I will pay back somehow

54627

Reply from developer Mark Mather 2022.07.21 05:49 #

Our paid for products offer even more features

Emilia Calvo 2022.05.31 12:17 #

I like, Thanks for sharing

Valerii Klitsenko 2022.05.22 09:46 #

Excellent tool! There is everything you need and even more! Many thanks!

228

Owais Pervaiz Adeeb 2022.04.28 12:02 #

Very generous share and amazing product. I have one question automatically partial close. Trade buy XAUUSD 1 lot @1800 with TP 1900. Then automatically partial close 50% 1850 ----> partial close 25% more on 1875 and Then full close 1900. Can it be done for all trades. Not only to trades opened with This EA. I mean i mostly open trades from Mobile phone and i want EA to handle those trades as well.

54627

Reply from developer Mark Mather 2022.04.28 15:39 #

Many thanks for the review. Best to email us for support at support@runwisefx.com .

Madarka 2022.04.19 22:22 #

Hello all. It's very good. However, not everything works as I imagine it. In options under stop loss, I have the stoploss calculated as ATR. However, when I then enter a trade, it calculates another 15 pips on top . I have placed the period 14 and the multiplier 1 for the ATR. Even when I tried other calculations like Boilderbands or MA, it still adds a lot of pips to the already displayed calculation. Even with several TP I have made the setting that I take out 50 % of profit on TP 1 and set the SL to breakeven. On TP 2 I take out another 30 percent and set the SL to TP 1. With TP 3 then the last 20 %. Taking out the profit works, but the SL still remains at ATR x 1 multiplier + 15 pips on XAUUSD (for whatever reason). I have now spent 3 hours trying to find the error. I don't know how!

54627

Reply from developer Mark Mather 2022.04.23 16:29 #

Please can you update your review as we've helped you on this after you messaged us about it. You were looking at the broker stop loss instead of the hidden/actual one. (The broker SL is configurable distance away from the hidden level.) You also didn't have your take profit Exit %s set as per our examples in Appendix A of the manual. I think we did a great job of answering your question quickly - especially as we hear reports of developers not even answering questions on paid for products.

gracereyesforex 2022.04.02 08:42 #

author is so generous to share this for free

Wesly 2022.02.25 09:33 #

This is so great!!

Been on demo so far, i can use this for real account too??

54627

Reply from developer Mark Mather 2022.02.25 09:50 #

Yes you can use on real accounts too. Note, we create some nice csv log files in MQL4\files folder of your MetaTrader data folder, where it records execution time and slippage, so you can keep an eye on your broker.

1 2

Version 4.5 2024.04.12

•Fixed price missing from on-the-fly take profit label/button popup, where target is supplied
•Fixed issue where OHLC snap controls where not showing as ticked in the Take Profit popup even though had been activated
•Added triangle icon for when SL/TP/Pending lines are unpinned so can still access the popup dialog for the line by clicking this icon
•Added support for lot sizes less than 0.01
•Added EA input Obscure_hideScaleInButton to allow scale-in button to be hidden from the panel

Version 4.4 2023.10.21

- Added large buttons for setting up pending orders - SELL PEND and BUY PEND. This is to make it more obvious on how to setup pending orders. Can set EA input Obscure_pendingButtonsOnToolbar if prefer buttons to just be on the toolbar.

- Added + button when trade open or pending order set in order to make it more intuitive now hot to enter multi-trade mode, where can have multiple independent trades/pending orders in the same direction.

Version 4.3 2023.10.05

- Added option to set SL and/or TP in percentage terms of current balance

Version 4.2 2023.08.14

- Simplified CONFIG button pop-up so less intimidating for new users

- Fixed issue where chart scroll with mouse could stop working

- Fixed issue where SL/TP line labels may not show if lines off the screen

Version 4.1 2023.08.04

- Improved multi-trade mode selection list to include indication if trade open or pending order set, for the particular magic number/index. So, for 'Selected Trade' pop-up selection list, will see S if sell open and B if buy open and lowercase s or b if just pending order set.

- Added hot keys when setting up manual pending order via Pend button. Hot keys for the X, R and SET buttons, shown on the pending line, are X, R and space bar, respectively.

Version 4.0 2023.06.18

- Added Pend button to toolbar to allow pending order to be quickly set by moving lines on the chart. Will show SET button on pending line to be clicked when happy with set price. Also shows R button to toggle between buy/sell and X button to cancel. Can also click Pend button again to cancel.

- Added option to CONFIG button | Pending Orders that allows dual Pend buttons for sell and buy. Will be shown as Spd and Bpd buttons for sell and buy, respectively.

- Added OFF button to pending order edit pop-up to allow pending order to be turned off in one click

- Add more options to CONFIG button | Display to control SL/TP line visibility and text

- Added trade index # as an option when configuring the system on a per symbol/period basis with our 'changes apply to' mechanism. This allows different configuration between trade indexes (magic numbers), when in multi-trade mode.

Version 3.90 2023.03.19

- Added 'Lines' button to toolbar at top of panel to control visibility of SL & TP lines on the chart

- Added option in CONFIG | Display to allow two 'Lines' buttons to be shown for sell & buy, respectively, so can be controlled separately

- Fixed issue where EA could stop if H12 used in 'Periods to Calc' in CONFIG | Display

Version 3.9 2023.01.07

- Removed EA input Main_multiAccountMode as not intended for free version and not in features list

- Added EA inputs Color_hiddenStopLossBuy and Color_hiddenTakeProfitBuy, which if set to a color will allow different SL and TP label/line colors for buy and for sell. If not set (default) then will be same color for both directions, set from Color_hiddenStopLoss and Color_hiddenTakeProfit.

- Added more retry to trade close

- Added more logging to manual SL/TP adjustment

- Made close all trades functionality more robust with more retries

Version 3.8 2022.11.16

- Fixed possible divide by zero error that could occur at start-up and cause EA to stop responding

Version 3.7 2022.10.27

- Added EA input Important_symbolForTrade which allows a different symbol to be used for open/closing trades than the chart symbol. Useful for synthetic symbols that are used for analysis but symbol for trade operations needs to be different.

- Stopped forcing chart candles to background if panel is positioned to the right

Version 3.6 2022.08.18

- Turned off trend arrow indicators shown on main panel by default, as uses a lot of memory. However, can turn back on in CONFIG button | Display | Trend Arrow Indicators - populate 'Periods to Calc' box and tick Show. Note, memory consumption can be reduced by reducing number of bars in charts via Tools | Options | Charts and setting 'Max bars in chart' to say 10000.

Version 3.5 2022.08.04

- Added EA input Main_hideSLTPUnlessPendOrOpen to hide SL/TP lines unless trade open or pending order has been set

- Added support for scale-in pending limit order

- Added EA input Obscure_stopLossIgnore (false by default), which is set to true will ignore stop loss. Useful if want stop loss to be used to size order, but intend to take other/manual actions to deal with losing trades.

- Fixed issue where broker SL/TP might not be set due to price not being normalised to tick size

- Improved margin handling so lot size reduced if insufficient margin to open

- Fixed issue where labels on SL/TP/pending lines could end up wider than should be

Version 3.4 2022.04.23

- Added extra options in CONFIG | Display to control visibility of Daily Range, Spread and Ask/Bid prices

- Added extra options in CONFIG | Display to allow SL/TP and other lines to be hidden when panel is minimized

- Reduced CPU usage by more efficient object handling

Version 3.3 2022.04.10

- Fixed issue with pending expiry where wasn't responding to entered value if pending off by default

Version 3.2 2022.02.18

- Fixed issue with last release where could prevent stop loss, ADR and other items from being calculated for some users

Version 3.1 2022.01.31

- Fixed issue where SL was not updating when trade open after making change in SL pop-up

- Fixed issue where properties weren't being displayed in CONFIG | SL pop-up for Calculation Method MovingAverage and RunwiseFX

- Fixed issue where lines were remaining after EA removed from chart

Version 3.0 2022.01.24

- Substantial improvements to horizontal SL, TP and Pending price lines:
* Lines can be unpinned (click pin icon) and moved manually to different price then pinned back
* Line labels no longer overlap
* Labels can be positioned to the right of candles (use MetaTrader's Chart Shift)
* Line labels can be clicked (if not unpinned) to show SL, TP or Pending dialogs - as appropriate
* TP & SL update dynamically if moved manually, e.g. as SL moved the TP lines will update if set as risk reward ratio
* SL, TP and lots will be based on pending order if set and again SL & TP lines will update dynamically if pending moved to new price
* TP line label will show risk reward ratio even if set as price, pips, etc.

- SL & TP now support be setting as an amount in account currency

- Added option in CONFIG button | Risk / Lots for selecting 'amount per pip' to be used when lots is calculated

- In multi-trade mode, if multiple pending orders are set in the same direction then these are shown on the chart at the same time. Clicking on them will change panel to the selected trade index.

- New pending dialog for setting up pending orders where pips can be entered or price, plus bracketed pending orders can be set too

- New pending dialog also includes setting Expiry date/time, with a variety of different formats to express expiry

- Simplified the SL dialog, for on-the-fly changes to the stop loss, with radio button selection between Auto, Price, Pips, Amount, etc.

- Added new auto stop loss calculation methods of Bollinger Bands, Envelopes and Fractals

- Improved TP dialog, for on-the-fly changes to take profit, to include a 'Reset' button which will reset the take profit level to the configured default

- Additional options add in CONFIG button | Display for controlling what is displayed when panel is minimized

- Fixed issue where manually set SL or TP was being overwritten when configuration changed made for something else

- Added break even profit pips to CONFIG | Take Profit. This allows a small profit in pips to be captured if trade makes back to break even, e.g. to cover commission

- Turned on restore following MetaTrader restart on by default. This can be controlled in CONFIG | Advanced. Will restore settings, e.g. Manual SL, pending orders, etc., when MetaTrader/PC is restarted.

- Improved intelligence of settings restore after MetaTrader/PC restart. For example, if pending order was set but pending price was reached whilst MetaTrader was closed then pending order will be cancelled.

- Added 'max move during open retry' to CONFIG | Advanced, as easier then setting EA input

- Added 'point to pip divider' to CONFIG | Advanced, which controls our definition of a pip. Set to 1 if would like the system to use points like MetaTrader, rather the classic pips (0.0001 change on EURUSD), which is our default. Users trading indices may wish to set to 100 so one pip is one basis points, for most brokers.

- Added 'broker requires SL to be set with order open request' to CONFIG | Options. This is required for some EU regulated brokers.

- Added 'broker supports hedging' to CONFIG | Options. Untick this option if your broker doesn't support hedging or you don't wish to allow auto buy & sell trades at the same time as part of your strategy.

Version 2.5 2021.11.12

- Added preview of SL & TP when pending order set based on pending price

- Improved pending order pop-up, e.g. so can set pending with pips, not just price

- Added ability to set SL & TP in $ amount, i.e account currency

- Fixed issue with buttons sometimes disappearing

Version 2.4 2021.06.30

- Fixed minor cosmetic issue with previous release

Version 2.3 2021.06.29

- Added toolbar at top of panel so can be moved around and made bigger and smaller

Version 2.2 2021.04.11

- Added support for dynamic lots, where lots size can be based on account balance

- Cosmetic improvements

Version 2.1 2021.03.27

- Improved error handling on trade open & close

- Added comms status button for our new Mobile App: runwisefx.com/app

Version 2.0 2021.03.15

- Added support for our mobile app that allows the EAs to be overseen from your mobile, plus see charts, trades, alerts and account details. More details: runwisefx.com/app

Version 1.7 2020.12.10

- Improved GUI scaling for high DPI/Retina displays

- Added new input Gen_askBidPricesBidYOffset which allows more control over offset used to display big bid price, which is by default in bottom right of chart

Version 1.5 2020.11.16

- Fixed possible divide by zero error that would stop the EA operating

- Significant performance improvement

Version 1.4 2020.07.31

- Added automatic detection of offline/Renko charts so don't need to set input to process market ticks

- Auto fixes to configuration file for some configuration issues

Version 1.3 2020.07.09

- Fixed issue where couldn't manually adjust SL by dragging line if trail mode was on

Description quality and completeness		5
Reliability and usability		5
User support		5