Trade Positions Expert Advisors system

Position EA – User Manual

1. Overview

The Position EA is a semi-automatic trade manager for MT4.
It helps you:

·  Calculate lot size based on risk and stop loss.

·  Place market, limit, or stop orders quickly.

·  Manage risk with auto break-even and trailing stop.

·  Take profits in tiers (TP1, TP2, TP3) with partial closes.

·  Manually close half or all with a button.

2. Panel Layout

2.1 Top Bar

·  Type [MARKET/LIMIT/STOP]

o  Switches order type.

o  MARKET → entry auto-syncs with live price.

o  LIMIT/STOP → entry is frozen for user input.

·  Side [BUY/SELL]

o  Switch between long/short.

o  MARKET → Entry updates to Ask/Bid.

o  LIMIT/STOP → Entry remains fixed until you edit it.

·  Ask / Bid

o  Shows live prices with green/red backgrounds.

2.2 Risk & Ratios

·  Risk%  – % of balance/equity to risk per trade.

·  Cx  – contract multiplier (usually 1 for FX, may differ for CFDs).

·  R/SL  – risk unit (normally 1).

·  R/TP  – target multiple (default 2). This defines minimum TP.

��  The EA calculates a Suggested Lot Size from these values, but you can override by typing your own lot size.

2.3 Stops & Entry

·  SLp  – Stop Loss distance (in pips).

·  SLpx  – Stop Loss price.

o  You can set either.

o  SLp is the driver (if you edit SLpx, EA back-solves SLp).

·  TPp / TPpx  – Minimum Take Profit (from R/TP).

o  Read-only when tiers are ON.

·  Entry  –

o  MARKET → always bound to current Ask/Bid.

o  LIMIT/STOP → frozen, user-set.

·  Lots  – trade size. Either use suggested lot or type your own.

2.4 Break-Even & Trail

·  BE Trig (default 300)  – number of pips in profit before break-even activates.

·  BE Off (default 7)  – how many pips beyond entry to move SL.

·  BE Part%  – optional partial close when BE triggers.

·  BE [ON/OFF]  – toggle break-even.

·  Trail [ON/OFF]  – toggle trailing stop.

2.5 TP Tiers

·  TP1, TP2, TP3 [ON/OFF]  – enable/disable tier.

·  Dist  – distance in pips from entry.

·  Close%  – % of original lots to close at this level.

o  Example: If original = 1.00 lots, TP1 Close% = 50 → 0.50 lots closed.

·  Lock  – removed in this version (SL does not move here).

��  Notes:

·  Tiers close % of original lots, not the remainder.

·  TP3 can be set to close all remaining if Close% = 100 (or if TP3_CloseAll=true).

·  If tiers are ON, the broker TP is disabled  → trade runs higher after minimum TP.

2.6 Action Buttons

·  BUY  – place buy order with current settings.

·  SELL  – place sell order.

·  HALF  – close half of current position.

·  ALL  – close all current position.

·  Clear TP flags  – reset tier memory (rarely needed).

3. Trade Lifecycle Example

Example setup:

·  Risk% = 1.0

·  SLp = 200 pips

·  R/TP = 2 → min TP = 400 pips

·  TP1 [ON] 400pips Close 50%

·  TP2 [ON] 800pips Close 30%

·  TP3 [ON] 1200pips Close 20%

Behavior:

1.  Entry BUY at 1900.00, SL at 1880.00.

2.  At +400 pips → EA closes 0.50 lots (50% of original).

3.  At +800 pips → EA closes 0.30 lots.

4.  At +1200 pips → EA closes last 0.20 lots.

5.  If BE trigger = 300, then at +300 pips → SL moves to entry+7 pips (safe).

4. Alerts & Safety

·  Alerts can be shown when BE or TP fire.

·  Safety checks:

o  Only one tier triggers per scan.

o  One-shot per tier (never repeats).

o  Debounce and cooldown prevent double-closing.

o  Final tier can close all lots so no 0.10 remainder stays.

5. Tips

·  Use MARKET when you want instant entry at Ask/Bid.

·  Use LIMIT/STOP for pending orders (manual Entry & SLpx).

·  Always set SLp first → EA computes TPp automatically.

·  Use tier % totals = 100% if you want the whole trade closed.

·  If totals < 100%, remainder stays open indefinitely.

 


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This panel is very simple to use and it is a very ally to manage your positions and orders. Also you can modify your risk, writing in fields directly on Panel. One click on buttons and the operation on market is done! Operations possible: BUY/SELL Break Even Split (close 50% all orders) Close All positions Hedging (opens reverse positions to cover) Close only BUY positions Close only SELL positions Close All pending orders Reverse all positions Please watch the video to verify the very simple u
Slow Pips OCO Trade Panel is an advanced trading panel for placing pending orders. Traders can use this panel to place two pending orders at once. One pending order would be of buy entry type and the other one would be of sell entry type. Both orders will have Stop Loss and Take Profit parameters. Since two pending orders are placed at the same time, the pending order for which the price hits first gets converted into a market order and the other pending order gets deleted (one order cancels the
This indicator changes the timeframe and chart profile for multiple charts. If you dispatched many charts (10~20 or more) in single MetaTrader terminal, it is very boring and difficult work to manage the timeframe and chart profile individually. If the indicators you use in a chart are numerous and the setting values are different from the default one, you might give up adding all the indicators to all charts. The changing of timeframes on multiple charts has the same problem, too. Whenever you
The Price Action Dashboard is an innovative tool to help the trader to control a large number of financial instruments. This tool is designed to automatically suggest signals and price conditions. The Dashboard analyzes all major Time Frame suggesting price action conditions with graphic elements. The Dashboard can suggest you the strength of the trend identifying directional movement, it is an indispensable tool for those who want to open position themselves using market trends identifiers. The
Elliott Wave Counter est un panneau pour le balisage manuel rapide et convivial des vagues d'Elliott. On peut sélectionner une couleur et un niveau de marques. Il existe également des fonctions pour supprimer le dernier balisage et tout le balisage effectué par l'outil. Le balisage se fait en un clic. Cliquez cinq fois - ayez cinq vagues ! Elliott Wave Counter sera un excellent instrument à la fois pour les débutants et les analystes professionnels des vagues d'Elliott. Guide d'installation et d
If you wish to draw Support and Resistance lines, view: daily market opening, classical pivot levels, Fibonacci pivot levels, trend lines, Fibonacci levels, the remaining time to candle closing, and current spread. If you seek to place your orders with the exact lot that meets your desired stop loss risk. If you wish to do all this and more with just one click, then this is the perfect tool to use. This tool will allow you to feel more relaxed when deciding to open orders, as well as predicting
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Position EA – User Manual 1. Overview The Position EA is a   semi-automatic trade manager  for MT4. It helps you: ·     Calculate lot size based on risk and stop loss. ·     Place   market, limit, or stop  orders quickly. ·     Manage risk with   auto break-even and trailing stop . ·     Take profits in   tiers (TP1, TP2, TP3)  with partial closes. ·     Manually close half or all with a button. 2. Panel Layout 2.1 Top Bar ·     Type [MARKET/LIMIT/STOP] o     Switches order type. o     MARKET
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