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Trade Panel Tools for Position Sizing, Split Orders, and Trade Management

Article MQL5 code base

Summary

The panel description outlines tools for discretionary or automated trading execution. A position size calculator derives volume from a stop loss and a chosen risk percentage. A split-order feature divides an intended trade into two orders, with one assigned a fixed risk-reward target and the other left open for further gains. It also describes break-even controls, trailing stops, and automated exits.

Strategy filters and alerts reference Bill Williams signals, Ichimoku levels, and correlated-pair exposure checks. Other interface features support pending or market orders, chart-level stop and target lines, bulk position closure, and visual trade review. These are product capabilities rather than tested trading results; the document gives no rules for parameter selection, execution quality, costs, or evidence that the signals are profitable.

Key ideas

  • Position size can be calculated from stop distance and a selected risk percentage.
  • Split orders can assign different exit plans to portions of a trade.
  • The panel includes break-even, trailing-stop, and automated-exit controls.
  • Alerts can use Bill Williams and Ichimoku signals, with a filter for correlated open positions.
  • No performance evidence or guidance for choosing settings is provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.