manual position tracking panel
Info
The manual position tracking panel is a Expert Advisor for MetaTrader 5 that idea of the expert advisor utilitythe panel sorts buy positions in ascending order and sell positions in price order. the sorted positions are displayed in the panel: a maximum of five buy and five sell positions.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use manual position tracking panel
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
idea of the expert advisor utilitythe panel sorts buy positions in ascending order and sell positions in price order.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Quantora Trade Manager MT5: Advanced Position Management - another powerful expert for MetaTrader 5 traders.
idea of the expert advisor utility
Also recommended: Quantora Position Size Calculator MT5: Professional Risk-Based Lot Size Calculation - similar expert with strong performance on MetaTrader 5.
the panel sorts buy positions in ascending order and sell positions in price order. the sorted positions are displayed in the panel: a maximum of five buy and five sell positions.fig. 1. manual position tracking panel
positions are selected via checkboxes. three actions are available for selected positions:
remove take profit
set take profit (the value is set in the input parameter
'take profit
') from the opening price.
set take profit to the breakeven point
You may also like: Matrix Manual - excellent alternative for expert users on MetaTrader 5.
Source Code
яю//+------------------------------------------------------------------+
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "1.007"
#include <Object.mqh>
#include <Arrays\ArrayObj.mqh>
#define EQUAL 0
#define LESS -1
#define MORE 1
enum ENUM_SORT_TYPE.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.