TradeHam Manager Trade Panel MT4

TradeHam Manager is a trade panel for manual traders. You decide when and where to trade. The panel takes care of the lot size, the order and the clean-up.

It does not open trades on its own. It has no entry logic and does not promise any profit.

Main features

• Risk-based lot size. Set the risk as a percent of balance, a fixed amount of money or a fixed lot. Drag the stop-loss line on the chart and the lot is recalculated.
• One-click orders. BUY / SELL buttons place the order with stop loss and take profit (take profit = stop loss x your ratio). In pending mode the panel chooses a limit or stop order from the entry line.
• Break-even, partial close, trailing stop. One button each. Automatic break-even, automatic partial close and trailing can also be switched on with your own distances.
• Close buttons. Close all, buys only, sells only, winners, losers, and delete pending orders.
• Daily loss limit. When the day's loss reaches your limit (percent or money), the panel closes its positions and blocks new orders from the panel until the next day.
• Manual positions too. Positions opened from the phone or the order window (magic 0) can be managed as well.
• Safety checks. No order is sent when the stop loss is closer than your minimum, too close to the current price, when the lot exceeds your max lot, or when margin is not enough. The reason is shown on the panel.

Practice in the Strategy Tester

The buttons work in visual mode of the Strategy Tester, so you can practise stop placement and break-even timing on past charts.

Notes

• Attach one panel per chart. It manages positions of the chart's symbol (the daily loss limit covers all symbols).
• Enable Algo Trading: the buttons send orders as an Expert Advisor.
• Commissions are not included in the lot calculation.
• For gold or indices, set "Points per pip" if your broker counts pips differently.
• This is a tool for manual trading. Trading involves risk. Past results do not guarantee future results.