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olaham  

Thank you for making this utility, it's great! 

Is it possible that you could add more hotkeys to future updates?

Such as hotkeys for Draw Fibonacci retracement, Draw rectangle, Draw vertical line, Draw horizontal line, Draw trendline, Draw text, and timeframes M1 to MN?  

Pablo Filipe Soares De Almeida  
olaham #:

Thank you for making this utility, it's great! 

Is it possible that you could add more hotkeys to future updates?

Such as hotkeys for Draw Fibonacci retracement, Draw rectangle, Draw vertical line, Draw horizontal line, Draw trendline, Draw text, and timeframes M1 to MN?  

Hello Olaham, how are you? I'll work on that!
olaham  
Pablo Filipe Soares De Almeida #:
Hello Olaham, how are you? I'll work on that!
Wow that was fast! Thank you for the updateHave a great weekend! 
olaham  

Hi Pablo I have another request. I hope it is doable and you can ignore this if its not possible.

What I would to see is following:

1. Press A for Draw risk reward guide 

2. The guide moves also accordingly to price movement. See video example with Trade Dashboard MT5

3. Press hotkey for buy/sell and TPs+SL are placed according to guide. It can be done in one press or press 3 times whereas the first press is to line  1x+sl, second press 2x+sl and third press 3x+sl, and if pressed more times it will be 4x+sl, 5x+sl and so on.

Is it doable?

By the way I like your tool better than Trade Dashboard because its minimalistic which I prefer. :) 

Have a great weekend!  



example

Pablo Filipe Soares De Almeida  
Hi, how are you? Thanks for the feedback! I'm glad this tool is helping you! It's perfectly possible to make those modifications! I'll work on it!
Pablo Filipe Soares De Almeida  
Now you can enable Follow current price, so the Draw Risk Reward Guide levels move with the market price.
(To make it move with the price, double-click the object to exit selection mode.)

You can also set the maximum Risk-Reward multiplier to control how many RR levels are drawn.


Version 4.3


dexterminator34  

hi pablo, thanks for making this utility. its a great help.


just wondering tho...the lot sizes it gives during placing orders are massive even in the 1:2 RR (i compared it with tradingview, the lot size is different)..im not sure if im doing it wrong or not....and everytime i put or place an order in..even tho its supposed to be triggered to be open, it just closes

Pablo Filipe Soares De Almeida  
dexterminator34 #:

hi pablo, thanks for making this utility. its a great help.


just wondering tho...the lot sizes it gives during placing orders are massive even in the 1:2 RR (i compared it with tradingview, the lot size is different)..im not sure if im doing it wrong or not....and everytime i put or place an order in..even tho its supposed to be triggered to be open, it just closes

Hi, thanks for your feedback, I’m glad the tool is helping you.

About the lot size being too large, this usually happens because the lot calculation is based on the Stop Loss in points and your risk settings ($ or %). Also, keep in mind that MT5 uses points (not pips), and depending on the symbol (like XAUUSD or Forex pairs), this can create differences compared to TradingView.

Please check:

  • If “Enable auto lot based ($ or %)” is active

  • Your “Max risk in $” or “Max risk in %”

  • The Stop Loss value in points (200 points may be small depending on the symbol)

About the orders closing immediately, this is not expected behavior. It may be caused by:

  • Stop Loss or Take Profit too close to the price

  • Invalid price levels

  • Broker restrictions (minimum distance)

If possible, send me a screenshot of your settings and the symbol you are trading, so I can check exactly what’s happening.




Risk Ratio - Pending Orders / FIXED Orders

This section defines the default risk management for pending orders or fixed-parameter orders.

Enable Risk:Reward ?

Enables or disables the use of Risk:Reward.

false → does not use automatic ratio
true → enables automatic Take Profit calculation based on Stop Loss


Risk in Points (SL)

Defines the Stop Loss value in points.

In your case:
200.0 = the Stop Loss will be 200 points

This value is the base risk for all calculations.


Risk:Reward ratio (2 for 1)

Defines the relationship between risk and reward.

Example with 2.0:
Stop Loss = 200 points
Take Profit = 400 points

In other words:
Risk 200 to target 400 (2:1)


Sync SL/TP to maintain Risk:Reward ratio ?

Automatically maintains the risk/reward proportion.

If set to true:
If you manually change the Stop Loss on the chart, the Take Profit will be automatically adjusted

The defined Risk:Reward ratio is always maintained

Important:
This function is specific to pending orders, as mentioned


Risk Ratio Auto Lot (Based: Risk in Points (SL))

This section controls the lot size automatically, based on the defined risk (the 200-point Stop Loss).


Enable auto lot based ($ or %)?

Enables automatic lot calculation.

false → manual lot
true → lot calculated automatically based on risk


Commission lot in $

Commission value per lot.

In your case:
7.0 dollars per lot

This can be used in the calculation for more precise risk control.


fixed risk in $? (Based: "Risk in Points (SL)")

Defines whether the risk will be a fixed monetary value.

true → uses fixed dollar risk
false → ignores this option


Max risk in $?

Maximum amount you are willing to lose per trade.

Example:
10.0 = maximum of $10 loss per trade


Risk as % of account? (Based: "Risk in Points (SL)")

Defines whether the risk will be based on a percentage of the account.

true → uses account percentage
false → ignores


Max risk in % ?

Maximum risk percentage per trade.

Example:
10.0 = risks up to 10% of the account per trade

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