Peter Panel 1.0 – EA MetaTrader 5

– “Peter Panel ©” allows user to define and execute custom trading setups by simply dragging three lines called; Aqua, Green and Red.

– For an easier operation disable “show trade levels”  and enable “select object by single mouse click” in tools:options menu.

[DEFINITION OF LINES]


  • AQUA determines entry level for pending orders; BUY_STOP, BUY_LIMIT, SELL_STOP, SELL_LIMIT.
  • GREEN determines take profit for BUY, BUY_STOP, BUY_LIMIT and stop loss for SELL, SELL_STOP, SELL_LIMIT.
  • RED determines take profit for SELL, SELL_STOP, SELL_LIMIT and stop loss for BUY, BUY_STOP, BUY_LIMIT.
  • Green should always be above red.
  • Aqua should always be above of current ask for BUY_STOP and SELL_LIMIT and below of current bid for SELL_STOP and BUY_LIMIT orders.

[ORDER MODIFICATION]


  • Select order on the listview. 
  • Lines will be adjusted automatically corresponding to order price, tp, and sl.
  • Set new levels by dragging lines.
  • Click Modify button.

[CLOSING/DELETING ORDER]


  • Select order on the listview. 
  • Click Close button. Opened positions will be closed, pending orders will be deleted.
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[RESET]


  • In order to reset lines to their initial positions click Reset button.

[VOLUME ADJUSTMENT]


  • Enter required volume in LOTS edit box.
  • To select minimal amount of tradeable volume click Min button.
  • To select maximal amount of tradeable volume click Max button.
  • To normalize user entered volume click Norm button. It returns nearest tradeable volume.
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