TP SL Bot is a utility that automatically
installsStop Loss and Take Profit
for newly opened orders in several ways. There is also a function for calculating the volume, c
who need to open a deal to get the desired amount at the specified amountStop
Loss/Take Profit. 

There are several options for calculating the size and setting parameters:

Features:

• It works only with orders opened after enabling the utility
• And only with orders opened on the current instrument.

Advantages:

• Simple and user-friendly interface
• It acts on both market and pending orders
• Work on all instruments and timeframes
• Multiple operating modes
• Calculator for accurate volume calculation

The system of work:

Mode 1 (Percent). You set the percentage of the deposit to calculate the amountStop
Loss and Take Profit. The sum and
size of the parameters are calculated in points (ticks). When a new tick is received for the instrument, the order parameters are changed.

[spoiler title=”Read More…”]

Mode 2 (Money). You set the desired amountStop Loss
and Take ProfitThe utility calculates the size in points (ticks) and
changes the order parameters when the first tick arrives.

Attention! For the first two modes, small errors in the amounts are possible, since the specified amounts are not always multiples of the minimum
tick cost.

Mode 3 (Points). You are askingStop Loss
and Take Profit in points (ticks), the utility changes the order parameters when
the first tick arrives.

The system of the volume calculator: You set the size in points (ticks) and the amount of the desiredStop
Loss/Take Profit (Size parameters
and Amount, respectively) for this tool. The bot calculates
such a transaction volume for you so that you get the desired amount at a given amountStop Loss/Take
Profit. Small errors are also possible in the operation of the calculator, since the specified amounts are not always multiples of the
minimum tick cost.

An example of how the utility works in real time can be seen in the video below.

I will be happy to answer any questions about the work of the utility!

Input parameters

Mode-Select the operating mode.

Object-Selection of what should be changed in the order (Stop Loss
and Take Profit, onlyStop Loss,
only Take Profit)

Mode 1 Percent

SL in percent-SizeStop
Loss as a percentage of the deposit

TP in Percent–Take Size
Profit as a percentage of the deposit

Mode 2 Money

SL in money-SizeStop
Loss in monetary terms (in the deposit currency)

TP in money–Take Size
Profit in monetary terms (in the deposit currency)

Mode 3 Points

SL in Points (pips) –
SizeStop Loss in points or ticks (depending on how many characters are in the
quote)

TP in Points (pips) –
The size of the Take Profit in points or ticks (depending on
how many characters in the quote)

Volume Calculation

Calculation-Volume calculator switch (True-enabled, False
– Disabled)

Amount – the amount to calculate the volume

Size in Points (pips)
– The size of the desiredStop Loss/Take Profit
in points or ticks

Others

Font Color – The font color of the displayed results

Font Size – The font size of the displayed results

[/spoiler]