Trade Monitor Dashboard

BRIEF DESCRIPTION
On-chart panel showing SL, TP, risk and RR for every position, with optional break-even and loss caps.


FULL DESCRIPTION
TradeMonitor puts all of your open positions and pending orders on one clean chart panel, so you can see exactly what you are risking and what you stand to make on every trade, in dollars.

It does not open trades. It watches the trades you already have and, if you choose, helps protect them.

SEE EVERY POSITION AT A GLANCE
- Stop loss risk in account currency ($) for each position and pending order
- Take profit reward in account currency ($)
- Risk-to-reward (RR) for each row and for your whole book
- Rows are colored by RR: green at 2 or higher, white from 1 to 2, red below 1
- Totals line with total risk, total reward and overall RR
- Live positions and pending orders are grouped, with a divider between them
- Sort by symbol, newest, or loss amount
- Stop-Limit orders use the correct price for their calculations

KNOW YOUR NUMBERS EVEN WITHOUT A STOP LOSS
Turn on Implied SL/TP and the panel estimates a stop and target from ATR (you choose timeframe, period and multiplier). Estimated values are marked on the panel and shown as Li / Pi in the totals. Estimates are for display and risk control. They are never written to your live positions.

BREAK-EVEN AFTER X HOURS (OPTIONAL)
Set a number of hours. Once a position has been open that long, its stop loss moves to entry. The clock starts when the order fills, not when you placed it. The stop only moves in your favor.

MAX LOSS CONTROL (OPTIONAL)
Set a maximum dollar loss per symbol. If your combined risk is above it, TradeMonitor removes the newest pending orders first until you are back under the limit.
- Count Buys and Sells together, or each direction separately
- Live positions are never closed or changed by this feature

SINGLE TICKET LOSS MAX (OPTIONAL)
Set a maximum dollar loss for any single pending order. A pending order whose stop-loss risk is above your limit is removed. It uses the real stop loss on the order.

AUTO TAKE PROFIT (OPTIONAL)
Set a target RR multiple, for example 3.0. TradeMonitor sets the take profit on pending orders that have a stop loss but no target. It is applied once, so your later manual changes stay.

OPTIONAL TIMER SETTINGS
Break-even, Auto TP and the loss controls run on a timer that you set in seconds. A longer interval means less load on your terminal.

OTHER BENEFITS
- Filter by magic number or symbol
- Move the panel anywhere with X and Y inputs
- Minimizable panel keeps your chart clean
- Features are inputs. Max Loss Control, Single Ticket Loss Max and Implied SL/TP are off by default.

HOW TO USE
1. Attach TradeMonitor to any chart.
2. Choose the features you want in the inputs.
3. Allow algorithmic trading if you use break-even, Auto TP or the loss controls. The display works without it.

IMPORTANT NOTES
- TradeMonitor is a risk and monitoring tool. It does not generate trade signals and does not guarantee profits or prevent losses.
- Risk figures are estimates based on symbol contract data from your broker. Check them against your own calculations, particularly on unusual instruments.
- Max Loss Control and Single Ticket Loss Max act on pending orders only.
- Test on a demo account first.

ABOUT THE AUTHOR
Ebuka Obiakor is an AI Product Manager and Business Analyst based in Canada.  He is an independent retail trader with hands-on experience in MQL5 indicator and EA development.

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