SL TP Panel

SL TP Panel — Visual Trading Panel for MT5

A convenient trading panel that lets you place pending orders by simply dragging lines on the chart. Stop Loss, Take Profit, order type, and lot size — everything is controlled with your mouse in seconds.

🎯 Who is this for

This panel is designed for manual traders who value speed of execution. Instead of opening the order window, filling in fields, and calculating levels — just drag a line to the desired price and click one button.

⚡ Key Features

Visual Order Placement

  • Drag the order line with your mouse — the type (BuyLimit / SellLimit / BuyStop / SellStop) is determined automatically based on its position relative to the current price
  • TP and SL lines are also draggable — see the result in real time
  • Colored profit (green) and loss (red) zones are displayed directly on the chart

Instant Profit & Loss Calculation

  • Potential profit/loss in dollars and pips is shown next to each TP/SL line
  • Risk/Reward ratio (R/R) is calculated and displayed automatically
  • All calculations are accurate for any instrument — Forex, crypto, stocks, indices

Built-in Risk Calculator

  • Set your acceptable risk as a percentage of your account balance
  • The panel automatically calculates the optimal lot size based on the distance to SL
  • "Auto-lot" mode — the lot is automatically updated whenever SL is moved

Automatic Order Type Detection

  • Drag the line below price — BuyLimit; above — SellLimit
  • Switch between Limit and Stop with a single button click
  • When the order type changes, TP and SL are mirrored (not reset)

Error Protection

  • Real-time Stop Level validation
  • Margin sufficiency check before sending the order
  • Min/max lot validation
  • Clear error messages

📊 Additional Features

  • Trading Sessions — display session time zones on the chart (configurable)
  • Compact Panel — all controls are organized in a clean panel at the corner of the chart
  • Optimized Performance — minimal resource consumption, updates only when values change

⚙️ Parameters

Parameter Description
Lot Initial lot size
Risk in % Risk percentage of account balance
Magic Magic number for orders
Slippage Allowed slippage in points
Show Sessions Display trading sessions on chart
Colors Customizable colors for Buy/Sell/TP/SL

📌 How to Use

  1. Click the ⏵ button in the top-right corner of the chart — the panel and order line will appear
  2. Drag the order line to your desired price
  3. Click TP and/or SL — the corresponding lines will appear, drag them into position
  4. Adjust the lot size with +/- buttons or type it manually
  5. Click ✓ to submit the order

💡 Tips

  • Use the risk calculator — set a comfortable percentage (1-2%) and enable "Auto-lot"
  • Monitor the R/R ratio — the panel highlights it when it reaches 2:1 or better
  • The panel works on any timeframe and any trading instrument

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