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these “VIRTUAL Trade Panel” is designed for virtual management of any number of orders. To handle orders, you can use StopLoss, TakeProfit, TrailingStop, breakevenstoploss, and breakeventakeprofit. You can alter all input parameters in the panel at any time. The values of the input parameters remain unchanged once you change the graph periods and if you hide the panel together with the “Hide” button, and once you close the chart or terminal, they again become equal to the default parameters.

  • You can manage only orders opened together with the panel or all orders opened in the terminal in any way (to manage all orders, you must set the value of the input parameter Use other orders to true).
  • You can set levels in points or price.
  • You can select the necessary options by changing the view of the panel
  • You can change the colors of the panel and levels, as well as their appearance.
  • Multiple instances of the panel can be run on different charts (you need to set a different Magic value for each chart).

  • Magic (default=777) – ID of orders that will be managed by the panel;
  • slippage (default=10) – the maximum allowed slippage at which the order will still be executed;
  • Use Lots Panel (default= true) – enable / disable the lots panel;
  • Lots (default=0,1) – lot size;
  • Use other orders (default=true) – enable / disable management of all orders;
  • Levels or Points (default=Points) – type of set levels for StopLoss and TakeProfit;
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Stoploss parameters

  • Use SL Panel (default= true) – enable / disable the Stoploss panel;
  • Stoploss Buy (default= 0) – value of the level in points or price for purchase transactions;
  • Stoploss Sell (default= 0) – value of the level in points or price for sales transactions;
  • Stoploss Color (default= Red) – color of the line on the chart;
  • Stoploss Width (default=1) – line width on the chart;
  • Stoploss Style (default=STYLE SOLID) – line style on the chart;

Takeprofit parameters

  • Use TP Panel (default= true) – enable / disable the Takeprofit panel;
  • Takeprofit Buy (default= 0) – value of the level in points or price for purchase transactions;
  • Takeprofit Sell (default= 0) – value of the level in points or price for sales transactions;
  • Takeprofit Color (default= Green) – color of the line on the chart;
  • Takeprofit Width (default=1) – line width on the chart;
  • Takeprofit Style (default=STYLE SOLID) – line style on the chart;

BreakEven parameters

  • Use BE Panel (default= true) – enable / disable the breakeven panel;
  • Breakeven level (default=0) – the price at which all transactions will be closed;
  • usebreakevenstoploss (default=false) – enable / disable breakevenstoploss;
  • usebreakeventakeprofit (default=false) – enable / disable breakeventakeprofit;
  • breakevenstoploss (default= -10) – the value of the breakevenstoploss level as a percentage of the current balance;
  • breakeventakeprofit (default= 10) – the value of the breakeventakeprofit level as a percentage of the current balance;

TrailingStop parameters

  • Use TL Panel (default= true) – enable / disable the TrailingStop panel;
  • Trailing Start (default= 0) – the number of points after which the initial TrailingStop level will be set;
  • Trailing Step (default= 0) – the number of points after which the TrailingStop level will change
  • TrailingStop Color (default= Blue) – color of the TrailingStop line on the chart;
  • TrailingStop Width (default=1) – width of the TrailingStop line on the chart;
  • TrailingStop Style (default=STYLE SOLID) – type of TrailingStop line on the chart;

Panel colors

  • Label Color (default= limegreen) – sets the color of labels;
  • Text Color (default= Black) – sets the text color ;
  • Same Background Color (default= true) – sets the color of forms of the same color (defined by the Background Color parameter) or the colors that will have levels on the chart;
  • Background Color (default= White) – sets the color of the same color forms;

Our Useful Features & Services

Published

28 September 2016

Updated

Current Version

1.0

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DFX January 12, 2021 10:42 am
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The tool is quite useful, plus the developer agreed to make some alterations to enhance the tool: everything’s working perfectly and the developer is quite responsive and supporting users requests: 5 stars!