Note: this version of the Expert Advisor only works on netting accounts. Quick Panel Pro version for MetaTrader 4

This panel is an Expert Advisor that includes flexible risk management and a trading panel.

• Very simple and fast lot calculation: you move the StopLine line, at the same moment the lot size is calculated.
• Allows you to quickly perform most of the trading operations using the buttons on the panels.
• Quickly change the panels by clicking on the green button.
• The Expert Advisor can work in visual mode in the strategy test, allowing you to easily test trading on historical data.

• AlertLanguage: Select the language for pop-up alerts, English or Chinese.
• Magic: The magic number for orders opened by the Expert Advisor.
• LotsToClose: the number of lots to close. If LotsToClose = 0, the entire volume of the position will be closed.
• MaxLots: If the position volume for the current symbol exceeds MaxLots, the order will not be opened. If MaxLots = 0, there will be no volume restrictions.
• RewardRiskRation: the ratio of TakeProfit and StopLoss.
• LotsMode: Lot size calculation mode, three options are available. Options: Fixed_Lots, Risk_Money, and Risk_Percent.
• FixedLots: When you select Fixed_Lots in the LotsMode parameter, the EA will trade using a fixed lot size.
• RiskMoney: When selecting Risk_Money in the LotsMode parameter, the EA will calculate the lot size using the specified amount of money. RiskMoney means the amount of money that can be lost in a single order.
• RiskPercent: When selecting Risk_Percent in the LotsMode parameter, the EA will calculate the lot size based on the percentage of available funds.
• PanelShiftX: Horizontal offset of the panel from the lower-right corner.
• PanelShiftY: Vertical offset of the panel from the lower-right corner.
• LineWidth: the thickness of the StopLine line.
• LineColor: The color of the StopLine line.
• LabelFontSize: The font size of LotsLabel.
• labelColor: The color of the LotsLabel text.

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The panel consists of two columns. The left column is for sell orders, and the right column is for buy orders.

• sell: open a sell order.
• close: close a sell position. The volume of the closure depends on the LotsToClose parameter.

• buy: open a buy order.
• close: close a buy position. The volume of the closure depends on the LotsToClose parameter.

The lot size is determined based on the risk in the monetary amount, the stop loss (in pips) and the pip size.

The amount of risk in a monetary amount is the amount of money that can be lost in a single order.

The stop loss is the distance between the StopLine and the market price.

For example, you selected Risk_Money in the LotsMode parameter, and set the value of Risk_Money to $ 50. The risk in the monetary amount is 50. The StopLine line was moved 100 pips from the current price on the EURUSD chart. The pip size on EURUSD is 10, so the lot size will be calculated as follows:

• lot = 50/(100*10) = 0.05.

If you select Risk_Percent and specify RiskPercent to be 3, and the free funds will be $ 1000, the calculation will be as follows:

• risk amount = 1000 *3% = 30
• lots = 30/(100*10) = 0.03.

In this case, the loss for each order is not fixed, it will change depending on the available funds.

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