The trading panel allows you to pre-view (before sending a trading order) the possible profit on the take profit and the possible loss on the stop loss. These values are calculated by setting the transaction volume and moving three horizontal lines: “OPEN”, “TP”and “SL“. Thus, giving the trader the opportunity to easily and quickly select the volume and stop levels for a future order. After selecting the appropriate parameters, the trader can send the corresponding trading order by clicking on “Open order“.
The trading panel has an intuitive interface and is made in 2 versions, for MetaTrader 4 and MetaTrader 5. Below is a demo video for the version of MetaTrader 5, but it is also true for MetaTrader 4.
The panel calculates profit and loss, without taking into account slippage!