Trading Utility Pro V3

Trading Utility Panel – V3.00 Manual Trade Execution & Risk Management Panel for MetaTrader 5

Overview

Trading Utility Panel is a lightweight, fully collapsible, on-chart control panel designed for manual traders who want fast, accurate trade execution with built-in risk management tools. No automated strategies — just a clean, responsive interface that puts the tools you actually need within one click.

What's New in V3.00

V3 consolidates and upgrades the lot calculation system introduced in V2, adds a powerful basket take profit engine, and introduces bulk position management tools — all within a more compact, single-panel layout.

Section 1 — Lot Calculator (Upgraded)

V2 offered a basic lot calculator using only a stop price input. V3 now gives you two calculation methods in a single unified interface:

  • Stop Price mode — enter the exact price level of your stop loss. The calculator measures the distance from the current Ask price to your stop, then sizes the lot precisely to your risk percentage.
  • Stop in Pips mode — enter a pip distance instead. The calculator uses the live tick value and pip value of the symbol at the moment you click Calculate, giving an accurate lot size without needing a specific price level.
  • Last-edited wins — whichever input box you typed in most recently determines which method is used. A mode indicator label confirms which is active.
  • Risk % input is shared across both methods, calculated against your live account balance.
  • On execution, Stop Price mode attaches the exact SL price to the order. Pip mode calculates and attaches the SL price live at the moment the Buy or Sell button is clicked, using current Ask/Bid ± pip distance — so your SL is always placed at the correct level regardless of minor price movement between calculation and execution.
  • BUY and SELL buttons are always available. If no calculation has been run, the order executes with no attached SL — giving the trader full control.

Section 2 — Bulk Order Modification (New in V3)

Manage all open positions on the current symbol simultaneously:

  • Modify All SL's — moves every open position's stop loss to a single target price in one click, with broker minimum distance validation built in.
  • Modify All TP's — sets a unified take profit across all open positions.
  • Close 50% of Volume — reduces each open position by half, rounding correctly to the symbol's lot step.
  • Close ALL Positions — closes every open position on the symbol.
  • Close Buys / Close Sells — directional close buttons to flatten one side of a hedged or multi-position setup independently.

Section 3 — Basket Take Profit (New in V3)

Monitor and automatically close all positions on the symbol when a combined profit target is reached. Supports four target modes:

  • $ Money — closes when total floating profit reaches a set dollar amount.
  • Pips — closes when the volume-weighted average pip gain across all positions reaches the target.
  • Equity $ — closes when account equity has grown by a set dollar amount since the basket was armed.
  • % of Balance — closes when total profit equals a set percentage of account balance.

Arm and disarm the basket at any time. The panel displays live basket P&L and pip value while armed.

General Features

  • Collapsible with a single click to minimise screen space when not in use.
  • Automatic broker fill mode detection (FOK / IOC / RETURN).
  • Status bar provides real-time feedback on every action — calculations, order results, modifications, and basket state.
  • Works on any symbol and timeframe.
  • Zero impact on chart performance — event-driven, no per-tick redraw.

Requirements

  • MetaTrader 5
  • Any broker, any symbol
  • Auto Trading must be enabled for order execution
💬 Enjoyed this tool? Please take 30 seconds to leave a rating and review. Your feedback directly shapes future updates — requested features get prioritised based on what the community asks for. Every review helps other traders find this tool and keeps development active. Thank you for your support! 🙏

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