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The trader’s panel is designed to automate margin calculations, stop loss and take profit before opening a position, as well as to perform
trading operations based on pre-calculated parameters.

Using this panel, you can:

  • calculation at a given price
  • calculation of the specified profit in case of reaching the take profit price
  • calculation based on the specified number of pips
  • calculation at a given price
  • calculation of the specified maximum loss in case of reaching the stop loss price
  • calculation based on the specified number of pips

After installation, you can run the program from the Experts Advisors section of your MT4 terminal.

Attention: To use the trading functions, you need to allow automatic trading in the FBS trader panel
(Allow live trading), as well as in the settings of your terminal Tools->Options->>Allow automated trading.

Attention: To use the trading functions, you need to allow automatic trading in the FBS trader panel
(Allow live trading), as well as in the settings of your terminal Tools->Options->>Allow automated trading.

Order Selection

If you need to make a calculation for a new order, select “New order”from the drop-down list. With this option of calculation for the price
The current market price is taken into account and all further calculations are taken from it. When an open order is selected, the operation type, volume, and the
set stop loss/take profit will automatically take the values corresponding to the order. In this case, the price is accepted for the calculation
opening the selected order.

[spoiler title=”Read More…”]

Stop loss calculation

To calculate the stop loss, you must:

  • specify the order to be calculated for, or select “New order” if the calculation will be made for a new order;
  • specify the type of operation (for a new order)
  • specify the transaction volume (for a new order)
  • on the counter of the Stop Loss line, specify one of the three parameters for the calculation (Price/Profit/Points). The parameter that will be used for
    the calculation process is highlighted with a green border. To change the calculated parameter, just click the left mouse button on
    another parameter. When specifying Profit/Points values, you must specify negative values, except when
    the open order broke even.
  • click the Calculate button

Take profit calculation

To calculate take profit, you must:

  • specify the order to be calculated for, or select “New order” if the calculation will be made for a new order;
  • specify the type of operation (for a new order)
  • specify the transaction volume (for a new order)
  • on the counter of the Take profit line, specify one of the three parameters for the calculation (Price/Profit/Points). The parameter that will be used for
    the calculation process is highlighted with a green border. To change the calculated parameter, just click the left mouse button on
    another parameter. When specifying Profit/Points values, you must specify positive values.
  • click the Calculate button

Buy/Sell Trading Operations

Buy/Sell trading operations are designed to open positions based on the calculated stop loss/take profit parameters. When opening a position,
the operation type value in the drop-down list must match the type of operation you are performing. If zeros are specified in the stop loss and take
profit fields, then you can open positions without specifying the operation type value, you only need to specify
the amount of lots for your order.

Attention: Before opening a position, make sure that you have correctly specified the value of the transaction volume (amount of lots)

Modify Trading Operation

The Modify trading operation is designed to modify an already opened order based on the calculated Stop loss/Take profit parameters. When
an order is selected, its current Stop loss/Take Profit values will automatically appear in the calculated values. If the Price value in the calculated
Stop loss/Take profit values is zero, then the Stop loss/Take profit will be deleted.

[/spoiler]

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