OrderEntry

5

Order Entry - Probably the easiest way to enter an order

If you like this perhaps you might consider buying  the pro version 

https://www.mql5.com/en/market/product/64353?source=Site+Profile+Seller

An aid for entering orders.

Features:

* Drag & drop tool to adjust price, stop loss and take profit levels.

* Calculates lot sizes automatically based on risk entered, currency pair and stop loss / price levels.


Description

It enables you to visually enter a trade's price, stop loss and take profit by adjusting lines on a chart.

It automatically calculates your lot size based on the risk you have entered and enables you to place the order.


How to Use

0. Make sure Algo trading is turned on for the app or you will set everything up, send the order and nothing happens!

1. Double click on the OrderEntry EA or drag and drop on your chat

2. Select Sell or buy

3. Adjust the 3 bars by drag and drop.

When moving the middle price entry bar both stop loss and take profit bars will move with it... once you stop dragging

When moving the take profit bar the risk reward will be recalculated ... once you stop  dragging. 

When moving the Stop Loss bar the lot size is recalculated to reflect the change in pis at risk.

When changing the risk do a different value the lot size is recalculated to reflect the new risk.

When changing the lot size the risk value is recalculated to reflect the new deal size.

4. Click on the send order to place the order. If for some reason the order doesn't get entered please check the EA tab for messages.


Note: This an early FREE! Version so it may be a little buggy. If you find something that doesn't quite work as described drop me a note and I'll do my best to fix it.

Also note that it enters DAY orders but you can change the order after it has been entered by double clicking on it.


Known issues:

* No checks are made on the inputs in the risk & lots edits so if you type in words instead of sensible numbers it will probably crash the EA. Be sensible!!

* Occasionally lots are not calculated at all but remain safely at zero check your Experts tab for messages.

* The dialog displays in different sizes on different displays despite everything else being equal. As I haven't got the time to figure this out right now I have added a size factor input which you can change to get the risk size dialog for your display.

* Need to click Clear when changing charts, time frames or accounts (fixed with V 1.02)

* App starts minimised and is hidden behind your sell buy buttons (fixed with V 1.03)

* Orders are placed as day orders but you can alter the order after placing it to be GTC.


Finally

If you find the tool useful, a positive review and a few stars would always be appreciated. Or/and you can buy me a coffee here

Thanks and happy trading!!


Reviews 4
traderbrosv
45
traderbrosv 2022.12.06 17:32 
 

Its very handy and easy to use. if add market order option it will help a lot more

Milford Cubicle
28
Milford Cubicle 2021.10.14 03:24 
 

So if the tool had a comment function, I would buy the pro version immediately. Very, very nice little tool. :-D

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Stats Dashboard & Journal ULTRA for MT5   The Complete Trading Command Center: Analytics, Automation & News Intelligence. Installation instructions and Demo version   Stats Dashboard ULTRA is the ultimate evolution of the analytics tool. It transforms MetaTrader 5 into a professional trading station, combining institutional-grade performance analysis with automated news   protection and advanced psychological metrics. Designed for manual traders and EA portfolio managers who demand total con
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Order Entry Pro
Anthony Eric Gillon Dawson
Order Entry Tool with several additional features. Money management feature - As in the free version but in this pro version the lot & risk calculations are updated as you drag the lines making it much easier to setup the order. Close all - Will close all orders opened with the tool in one click. Intelligent trailing stop loss - Attempts to maintain a trailing stop loss just behind the last identified structure in the 1H chart in order to try and avoid unwanted stop-outs. Adjustments are made ev
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Michael-MT5
449
Michael-MT5 2024.08.28 10:48 
 

User didn't leave any comment to the rating

traderbrosv
45
traderbrosv 2022.12.06 17:32 
 

Its very handy and easy to use. if add market order option it will help a lot more

Milford Cubicle
28
Milford Cubicle 2021.10.14 03:24 
 

So if the tool had a comment function, I would buy the pro version immediately. Very, very nice little tool. :-D

Anthony Eric Gillon Dawson
1548
Reply from developer Anthony Eric Gillon Dawson 2021.10.18 22:27
Thanks, I might add a comment function in the future :-)
Jeabby
14
Jeabby 2021.03.02 06:45 
 

User didn't leave any comment to the rating

Anthony Eric Gillon Dawson
1548
Reply from developer Anthony Eric Gillon Dawson 2021.03.02 07:27
Thank you.
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