This interactive control panel consists of two panels, and each of them can be placed in any convenient parts of your screen not losing their features. You can place any number of any pending orders with a step and a lot volume which correspond to your trading style. There is a special consistent procedure for this:
- Editing variable parameters if necessary. It includes:
- Order placement step in points — 10
- Offset up (down) for limit orders â€œ 20
- Number of orders to be placed â€œ 10
- Risk of each order opening in % of the deposit â€œ 0.1
- After clicking TAGS button on the selected trading direction you will be offered to place a necessary amount of tags. If everything satisfies you, you need to click ORDERS button. If not, click CLEAR button.
- The CLEAR button changes its functionality into DELETE button after placing orders.
- If you click DELETE button, all pending orders of this direction will be deleted, and the screen will be cleared out of tags.
- You can activate mode of placing pending orders on places of closed orders by clicking RESTORE ORDER ON LABELS button.
- The mode of placing pending orders on places of closed orders, which follows a scheme of correspondence of Buy Limit or Buy Stop level with Sell Limit or Sell Stop level, is activated by clicking WITH TYPE CONVERSION button.
- Information about orders appear on the information panel after their placement. And after they trigger you could manage your deals. You have a broad range of tools for this purpose:
- The Time GMT button is clicked by default, and as a result you can track time of FOREX financial markets;
- The Control Lines button is clicked by default which allows to use BUY Stop Line, BUY Profit Line, SELL Stop Line, SELL Profit line to close orders after the price reaches a correspondent line level and trading direction.
- If you click TP or SL button with depressed Control Lines button, you can set (+/-) spread, Take Profit and Stop Loss in corresponding trading direction according to levels of these lines.
- +, -, ALL buttons allow to close orders with positive or negative trading result, as well as all orders of the trading direction.
- The main menu has options of changing a color and a width of graphical objects, and you can also allow (prohibit) to display lines of breakeven levels and process your opened orders other than those that have been opened via the pending orders control panel.
- The EA CANNOT PROCESS pending orders which have been opened outside the system and do not have a corresponding magic number. But they can be processed by our tools after BUY (SELL) orders have been opened for them, if CloseTrades = true.
The interface is user friendly and does not require additional explanation. So, modified parameters:
- Magic_Number — any number value;
- restoring = true, if we wish to restore orders of the same status and on the same places after we have opened deals on pending orders and then have close them (with profit or loss), false — not to restore orders by tags;
- transformer = true, works if restoring = true. Orders will be placed by the scheme of BUYSTOP — BUYLIMIT, SELLSTOP — SELLLIMIT and vice versa depending on a tag location towards the price. false — not to restore orders by tags with such conversion;
- confirmation = true, if we wish our selection to ask for confirmation, false — not to ask for confirmation of the selected action;
- Setting_Control_Lines = true; place opened positions control lines — true, false — not to place;
- Setting_Without_Loss_Lines = true; place breakeven lines — true, false — not to place;
Color and width of tags, buttons and lines are easily adjusted according to users’ tastes.