Simple Trade Panel was created to make it easier to trade in MetaTader 4.
Simple Trade Panel applies Horizontal Line to: BuyStop/SellStop/BuyLimit/SellLimit/Trailing.
And apply Virtual Stoploss and Virtual Takeprofit to ensuring the security of all your transactions, where all transactions only occur at the client terminal and are not visible to the broker.
Simple Trade Panel is equipped with:
+ Button buy / sell / close all / close all buy / close all sell / close profit / close loss
+ Button Buy Stop / Sell Stop / Buy Limit / Sell limit
+ Buy and Sell lots that can be inputted manually
+ Button Lock Profit / Lock Loss / Lock All
+ Virtual take profit and stop loss
+ Averaging trailing by pips
+ Close partial by money and by percentage
+ Button Candle Direction
+ Button Support and Resistance Main Feature:
1. Manage Open Positions
+ Trade Buy: allow buy
+ Trade Sell: allow sell
2. Manage pending orders
+ Delete trendline after opening a position: Delete trendline if you only want to open only 1 position.
+ Distance of pending orders from the current price (in pips)
+ Step size to move pending order (in pips): Trendline will move to the latest prices according to the number of sizes entered.
3. Manage Lot and Money
+ Max Lots per Trade
4. Manage GRID
+ Use GRID: manage GRID
+ Lot Type: Select lot type
+ Multiplier for Martingale: Multiplier lot coefficient
+ Maxtrade: Max trade allowed
5. Buy Grid Parameters
+ Use Hedging Buy: Hedge buy positions
+ Use Pyramid Buy: Open a long position if the initial position is profitable
+ Use Averaging Buy: Open a long position if the initial position is losing
+ Buy Step (in pips): Distance to open the next long position
+ Expanding Step Coefficient Buy: coefficient multiplier
6. Sell Grid Parameter
+ Use Hedging Sell: Hedge sell positions
+ Use Pyramid Sell: Open a short position if the initial position is profitable
+ Use Averaging Sell: Open a short position when the initial position is losing
+ Sell Step (in pips): Distance to open the next short position
+ Expanding Step Coefficient Sell: coefficient multiplier
7. Manage SLTP & Trailling
+ Use Virtual Stop Loss & Takeprofit: Virtual Stop Loss & takeprofit
+ Virtual Stop Loss (in pips): Stop loss in pips
+ Virtual Take Profit (in pips): Takeprofit in pips
+ Averaging Trailing, in pips: Trailing all in pips
+ Trailing Start (in pips): Trailing starts in pips
+ Trailling Size (in pips): Step trailing in pips
8. Manage Drawdown Reduction
+ Use Auto Close Partial, in money: drawdown reduction algorithm, in money
+ Choose Close Partial Method: Close partial buy & sell, Close partial buy / sell, close partial all.
+ Number of trade to activate partial close: Number of open positions to start applying partial close.
+ Minimum profit to close partial $: Minimum profit amount to do partial close, in money.
9. Time Management
+ Trade Start Time: Time to start placing pending orders
+ Trade End Time: The time the trading session ends
10. Manage Others
+ Max Spread (in Pips): allowed spreads.
+ Coefficient (if Freeze = 0 Or StopsLevels = 0): Multiplier coefficient when freezelevel / stoplevel = 0
+ Magic Number: fill in different numbers if trade the same pairs in 1 MT4 terminal.
+ Text Color: Change the text color
+ Line Width: The thickness of the trendline
+ Button Corner Side button placement: corner of button placement
+ X Axis button (Horizontal Move, Right, Left, Center): determines the location of the X axis button
+ Y Axis button (Vertical Move, Up, Center, Down): determines the location of the Y axis button
+ Button Text Color: The color of the button text