RapidShot Trade Panel is a MANUAL trade panel for MetaTrader 5. It never trades by itself: every action happens only when you press a button or a hotkey.
With one click the panel opens several positions at the same price and splits them into three take-profit groups: TP1, TP2 and TP3. It is made for traders who execute their own analysis or trade signals manually and need to enter, protect and manage several positions quickly.
IMPORTANT
- This is a utility for manual trading, not an automated strategy. It does not open trades on its own and it does not use grid or martingale.
- Full functions on HEDGING accounts. On NETTING accounts only trade management is available (APPLY SL/TP, BREAKEVEN, 50% + BE, CLOSE ALL); opening positions in groups is disabled.
- How to check your account type: on a NETTING account the panel shows an orange warning in the status box. Most brokers offer HEDGING accounts - ask your broker if needed.
- MetaTrader 5 desktop terminal only. Works on any symbol offered by your broker (forex, gold, indices, crypto and others).
- In the Strategy Tester the buttons cannot be clicked, so the panel runs an automatic presentation of its functions, step by step.
ENTRY
- BUY / SELL - opens the number of positions set for TP1, TP2 and TP3, all at the same price, each group with its own take profit.
- SL dist - automatic stop loss at a fixed price distance from the entry price, used when the SL field is empty. The arrow buttons change the distance quickly.
- BUY LIMIT / SELL LIMIT - places the same group as limit orders at the limit price.
- MOVE LIMITS TO NEW PRICE - moves the panel's limit orders to a new price; SL and TP stay unchanged.
MANAGEMENT
- APPLY SL / TP with a target selector:
ON: POS - changes the positions opened at market;
ON: ORD - changes the limit orders, pending or already filled.
Trades opened outside the panel are never changed by APPLY.
- BREAKEVEN - moves the stop loss to the entry price plus a small offset (set in the inputs).
- 50% + BE - closes part of the TP2 / TP3 positions that are in profit and sets breakeven on the rest.
EXIT
- CLOSE ALL - closes the managed positions, with optional confirmation. Pending orders are kept.
- DELETE PENDING - deletes the panel's pending orders.
MORE
- CLEAR TP and CLEAR ALL buttons for the input fields.
- Optional keyboard hotkeys: B = BUY, S = SELL, W = BREAKEVEN, A = APPLY SL/TP, D = 50% + BE, X = CLOSE ALL.
- Status box: positions per group, floating profit, Algo Trading state and clear messages, including the reason and code when the broker refuses an order.
- Checks before sending: broker order limit, volume limit, free margin and market hours.
- 11 languages, selectable from the panel: English, Romanian, French, Spanish, German, Russian, Portuguese, Italian, Polish, Indonesian, Turkish.
- The panel can be moved with the mouse and its size can be changed.
INSTALLATION
1. After purchase the panel appears in the Navigator window, under Expert Advisors - Market.
2. Drag it onto the chart of the symbol you want to trade.
3. In the Common tab tick "Allow Algo Trading" and make sure the Algo Trading button of the terminal is on (green). This is required by MetaTrader 5 for any panel that sends orders.
4. Adjust the settings in the Inputs tab and press OK.
INPUT PARAMETERS
Panel
- Language - panel language (it can also be changed from the panel).
- Panel title - text shown in the title bar.
- Panel position - top left or top right corner of the chart.
- Distance from side edge / Distance from top - start position in pixels.
- Panel size (%) - makes the panel smaller or larger (for example 80 on small screens).
Orders
- Default lot per position - lot shown in the panel at start.
- Default positions in TP1 / TP2 / TP3 group - numbers shown in the panel at start.
- Base magic number - identifies the trades opened by the panel.
- Max slippage (points) - maximum accepted price deviation for market orders.
- Fast sending - sends the orders of a group without waiting for each answer.
- SL distance buttons step - how much the SL dist arrows change the distance.
Management
- Trades managed by BE / CLOSE / PARTIAL - only panel trades, panel and manual trades, or all trades on the symbol.
- Breakeven offset (points) - distance beyond the entry price for BREAKEVEN.
- Percent closed by the PARTIAL button - part closed by 50% + BE.
- PARTIAL also includes manual trades - yes / no.
- CLOSE ALL also deletes pending orders - yes / no.
- Ask confirmation for CLOSE ALL - yes / no.
Hotkeys
- Enable keyboard hotkeys - on / off (off by default).
- Hotkey for each action - one letter for each button.
SUPPORT
Download the free demo and watch the automatic presentation of all functions in the Strategy Tester.
When you are ready, choose the option that suits you: 1 month rent, 3 months rent or unlimited purchase.
FEEDBACK AND SUPPORT
Your opinions and suggestions are welcome - they help me improve the panel in future updates.
If you have any question or problem, send me a private message here on MQL5 and I will be glad to help.
Trading leveraged products such as forex, gold and CFDs involves a high level of risk and may not be suitable for all investors.
This panel is a tool for executing and managing trades manually; it does not give trading advice and it does not guarantee any result.
All trading decisions are made by the user.
Test the panel on a demo account before using it on a live account.