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Trade Panel Pro by RunwiseFX MT5

4.77

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.


    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




    Reviews 20
    Antonio Mazzilli
    60
    Antonio Mazzilli 2024.05.08 12:50 
     

    ottimo expert grazie mille

    5513462
    24
    5513462 2024.04.25 21:18 
     

    Excellent order entry tool! Just what I needed.

    Seth Tetteh
    1313
    Seth Tetteh 2024.04.25 11:42 
     

    cool

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    Filter:
    [Deleted] 2024.07.02 03:01 
     

    User didn't leave any comment to the rating

    aljinaahi
    28
    aljinaahi 2024.05.29 12:52 
     

    Despite my high rating for it, I still have difficulty using it and I only used pending orders

    Runwise Limited
    57141
    Reply from developer Mark Mather 2024.05.29 13:51
    Do get in touch if having trouble. Even though it's a free product, still happy to provide support. Indeed, folk have told us we offer better support for a free product than other developers do for their paid products. You can DM us or email us at support@runwisefx.com
    AaravDahal
    69
    AaravDahal 2024.05.17 09:56 
     

    User didn't leave any comment to the rating

    Grigory Mankov
    216
    Grigory Mankov 2024.05.11 10:18 
     

    Perfect

    Antonio Mazzilli
    60
    Antonio Mazzilli 2024.05.08 12:50 
     

    ottimo expert grazie mille

    5513462
    24
    5513462 2024.04.25 21:18 
     

    Excellent order entry tool! Just what I needed.

    Seth Tetteh
    1313
    Seth Tetteh 2024.04.25 11:42 
     

    cool

    Hubex
    156
    Hubex 2024.04.25 02:41 
     

    User didn't leave any comment to the rating

    Runwise Limited
    57141
    Reply from developer Mark Mather 2024.05.17 10:21
    We have seen one or two cases where a particular indicator has been periodically deleting all objects on the chart, including for our EA's panel and consequently we've had to keep re-creating our panel, which is very costly performance wise. It sounds like that is what you are experiencing, as it's fine when you run our EA on charts without the indicator. However, it's the indicator that is at fault, as it ought not to be deleting objects of other programs.
    ponti123
    16
    ponti123 2024.04.24 11:20 
     

    I have a question. I apologize if this has already been answered due to my lack of understanding. question. Is there a way to automatically close a position and lock in profits? What I want to do is close a position using a specific MA. The position will be automatically closed when the candlestick closes and crosses a certain MA. Ideally, it would be even better if you could choose to close all or part of your position. Please allow me to take this opportunity to express my gratitude. Thank you for the wonderful tool, although I haven't mastered it yet.

    Runwise Limited
    57141
    Reply from developer Mark Mather 2024.04.24 12:04
    You would need our paid for version for that: 'Ultimate Trade Manager + Mobile'. This gives you access to our trade rules library ( http://runwisefx.com/library ) where there is a rule called e-ma that can exit on Moving Average.
    Calogero Vella
    562
    Calogero Vella 2024.03.24 02:20 
     

    very nice!!! thank you so much!!!

    favorsky
    14
    favorsky 2024.03.01 21:55 
     

    Very big shoutout to my man, I am new to Metatrader 5 and this tool is so good. I tried lots of trademanagers and this is by far the best!

    RHE BOY
    18
    RHE BOY 2024.02.04 15:39 
     

    I have the payed version. The possibilities are overwhelming so it will take some effort to fully understand it. One of the features I like is the possibility to se set a virtual stop loss and take profit target. It is very convenient that you can choose between a virtual and broker sl and tp. For virtual stop loss you need to have a very reliable connection to your broker. If you do not have a stable connection you can choose to set the real sl and tp at the broker. I have to check if you can do the same with pending orders. Anyway excellent software and support that is worth its price many times. But I am glad it is that cheap, otherwise I could not afford it. :)

    Big thumbs up for the developers!

    SWG123
    62
    SWG123 2024.01.20 15:21 
     

    So much work has gone into this; it's the most fully-featured free trade manager I've ever used and, for that reason, there's a bit of a learning curve. However, there is a comprehensive manual and supporting video, so every reason to stick with it.

    Tomasz Kasiak
    81
    Tomasz Kasiak 2023.12.29 03:15 
     

    User didn't leave any comment to the rating

    Runwise Limited
    57141
    Reply from developer Mark Mather 2023.12.29 09:00
    Many thanks for the review. Recommend our full guide video as easier going than the manual: https://www.youtube.com/watch?v=vq5kuXhAawk (will be recording a new version soon). In the manual we have to cover everything. The CONFIG pop-up is very modular, so no need to access capabilities not required, but everything is there for a reason. Most users should just need to set stop loss via CONFIG | Stop Loss, set take profit via CONFIG | Take Profit and set risk per trade in CONFIG | Risk / Lots then away you go. Although, out of the box, all of those items are already set to a recommended default.
    androgamerXBT
    17
    androgamerXBT 2023.12.07 04:58 
     

    Everything works great, hard to belive its free. Amazing EA highly recommended for everyone. but when i take partials or when i scale position, SL&TP PNL is not updated based on my position size, it will show the same when i had opened the position.

    Seyedmohammad Alhosseini
    89
    Seyedmohammad Alhosseini 2023.12.05 10:17 
     

    Hi. first of all, thank you for your great Expert. I have a big issue with setting pending orders. sometimes my internet connection speed is too low and the pending order I have set before won't close properly and I get some losses, because the expert sets hidden tp/sl and doesn't set Real ones. Please help me if there is any solution. I want the sl/tp set simultaneously when I set the order. I don't need hidden sl/tp. thanks a lot.

    Runwise Limited
    57141
    Reply from developer Mark Mather 2023.12.05 11:02
    We do set broker stop loss and take profit as well. The offset from hidden levels is set in CONFIG | Stop Loss and CONFIG | Take Profit, respectively, via Broker Offset box. Can set to 0 to make the same as the hidden levels.
    nOgaras
    21
    nOgaras 2023.12.04 08:27 
     

    Hello, I'm having an issue, even with the option of the broker does need an SL to be inputed when order being sent, but the trading panel does not send the order with an SL inputed so the trade gets closes in a few seconds without me being able of placing one manully. this has been tested on market execution, don't know about pending.

    EDIT: issue solved, great EA!

    Runwise Limited
    57141
    Reply from developer Mark Mather 2024.05.17 10:12
    That's great. Any chance you can update the number of stars in your review now that the issue resolved.
    marqu330
    14
    marqu330 2023.11.06 18:56 
     

    For a Free Trade Manager/EA, this is all you need and then some. Makes it super simple to set up TP and SL rules and easy to visualize the trade sizes. Most importantly support is very responsive and will get back to you rather quickly. Been using this tool for the last three months and nothing but happy with it.

    Jozsef Csernatoni
    51
    Jozsef Csernatoni 2023.10.27 11:14 
     

    I have bought the software on the maker's site. Way too many functionalities packed into one software. It was better to create two distinct parts: one for manual trading and one for automation. The manual trading part is absolute rubbish. You have to check always the lot sizes, as you may end up with a ridiculous order. Today I lost an account, which was very close to passing the challenge, due to the ridiculously high lot size(116.22 for uk100) set by the system. I do agree that I should double check all the time the orders. However, if I cannot rely on your software, why are you charging money for it? The user manual is spotless. It reminds me of a Dostoyevsky novel. The automation part has a steep learning curve. I still need to do testing to see if there is any point in using it. You should have some safety features too. You don't buy a car because it can go, but because it can stop. I have not contacted the support. Therefore, I cannot say anything about it.

    Edit: Dear Mark,

    After you set the lot number on the application it tends to change if you touch any option. Pardon my English, however, that is rather stupid behaviour. What's the point of using an app, if you need to review every setting manually, several times? The idea is great. Unfortunately, you still need to make many improvements. I believe eventually you will get there. However, currently your application offers many functionalities, and not enough safety features.

    Runwise Limited
    57141
    Reply from developer Mark Mather 2023.10.27 14:17
    ? We've not got any record of you asking for help. We have a great track record of answering questions, even with our free products. We have Ultimate Trade Manager + Mobile for manual trading and you can then purchase Indicator Combine to bring indicator automation. However, very easy to turn off auto trading and indeed will act as manual panel by default anyway. The lot size calculation will depend on the stop loss that has been configured. We have inputs to control this and min/max lots as well. We have plenty of rules in the library for limiting drawdown, etc. Re edit: Really wish you would just message us like everybody else does. If you set the Lots box directly then make sure you blank out the Risk box otherwise will set lots from the risk. This happens automatically if you use the selection list on the Lots box. Our CONFIG pop-up is very modular, so you don't need to access any areas of the EA you are not currently interested in. We've got plenty of videos on our website https://www.runwisefx.com/videos.htm to explain the system. Everything is there for a reason. There are plenty of other protection features: There is a Max Tickets setting in CONFIG | Risk / Lots. There is an Main_maxConsecutiveLosingTradesBeforeAutoSuspension EA input that can turn off auto if too many losing trades in a row, etc., and plenty of other rules related to this in our library.
    Alid
    60
    Alid 2023.10.25 06:54 
     

    Super perfect!

    Reply to review
    Version 4.8 2024.06.14
    •Fixed issue with Selected Trade selection list when in multi-trade, magic number is configured as 0 and got 'separate magic number per time frame period' option ticked in CONFIG | Advanced.
    •Added 'Force Reset to Configuration' button in CONFIG | Tools that will reset EA to default configuration even if looks like a setting has be made manually, e.g. manual move of SL. However, if trade open then will still keep with current settings.
    •Made sure Lots boxed is blanked out (rather than just not updated) if stop loss is set to OFF or no stop loss but set to certain risk per trade.
    Version 4.7 2024.05.26
    •Added EA input Obscure_blockManualTradesIfNoAutoEntryMode which will block accidental manual trades if auto trade mode set not to trade, e.g. after max draw down reached for the day
    •Fixed issue with recent release where Selected Trade selection not working if EA configured with magic number of 0
    •Fixed issue with SL/TP on pending orders set when price closed beyond
    Version 4.6 2024.05.11
    •Added check and auto fix on Tick Value returned from Broker, which is used in lot size calculation. This achieved by looking tick value on closed trades.
    •Added support for new Candle Timer rule (quick load code d-ct)
    •Performance improvement where pivots and support/resistance are not calculated if not being shown on that chart, i.e. not set to be displayed in CONFIG | Display | Horizontal Lines.
    •Optional performance improvement where can set EA input Obscure_captureDailyRange to false to not calculate daily range. Daily range is shown in the top left of the chart and is used if supply % for any pips inputs (where % of daily range).
    •Added EA input Gen_brokerSLTPStep that allows a step to be supplied for broker SL/TP if broker requires that to be multiples of a certain value.
    •Fixed issue on Windows/Mobile app where open trades would disappear from open list after partial close. Must update Windows app as well.
    •Added tick box in CONFIG | Pending Orders so that PEND buttons can be moved to the toolbar
    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 recent release where could prevent stop loss, ADR and other items from being calculated, i.e. showing negative values, 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 panel can be moved around and made bigger and smaller, via + and - buttons
    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 1.6 2020.11.19
    - Turned off showing support/resistance and pivot lines for new users, so EA is responsive when first added to new symbol and so charts are less cluttered for new users. You can easily enable these via CONFIG button | Display if needed. Note, when first enabled for a symbol then make take up to 15 minutes or so for the necessary chart data to be obtained , during this time the EA may be less responsive than normal.
    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

    - Improved performance of GUI of lots of objects on the chart
    Version 1.3 2020.07.09
    - Fixed issue where couldn't manually adjust SL by dragging line if trail mode was on
    Version 1.2 2020.05.10
    - Fixed start-up issue with MetaTrader 5 build