TradePanel: The Ultimate Multifunctional Trading Assistant
TradePanel is a powerful trading assistant designed for both manual and automated trading. With over 50 advanced features, this tool streamlines your trading operations, allowing you to manage trades efficiently and reduce risks.
Key Features of Trade Panel:
Automated and Manual Trading:
Trade Panel empowers traders to automate most trading actions while still providing full control for manual trading. Whether you’re placing trades or managing orders, this tool simplifies your workflow.
One-Click Trading Operations:
Effortlessly perform essential trading tasks with a single click, including:
- Opening Pending Orders and Positions: Start trading immediately by opening orders and positions with ease.
- Order Grid Execution: Launch a grid of orders for optimized trading strategies.
- Position Reversal: Quickly reverse positions by closing a BUY and opening a SELL, or vice versa.
- Position Locking: Balance your portfolio by matching the volume of BUY and SELL positions through opposite trades.
- Partial Position Closure: Manage risk by partially closing positions at predetermined levels.
- Unified Take Profit and Stop Loss: Set common Take Profit and Stop Loss levels for all open positions.
- Breakeven Stop Loss: Automatically adjust Stop Loss to breakeven, securing profits without manual intervention.
Advanced Order Management:
Customize and control your trades with advanced settings:
- Automated Volume Calculation: Calculate trade volumes based on your risk profile.
- Multiple Orders with One Click: Distribute calculated volumes across several orders for diversified exposure.
- Visual Trading Levels: Use order opening marks to visualize trading levels on charts.
- Spread Control: Limit maximum spread when opening positions for better execution.
- Virtual Take Profit and Stop Loss: Enhance flexibility with virtual levels that are invisible to brokers.
- ATR-Based Calculations: Use the ATR indicator for precise Take Profit and Stop Loss settings.
- Expiration Dates for Pending Orders: Automatically set expiration dates for orders.
- Trailing Pending Orders: Implement trailing stops on pending orders for dynamic risk management.
Comprehensive Risk Management and Reporting:
Trade Panel’s built-in risk manager allows you to:
- Track Profit and Loss: Monitor daily, weekly, and monthly profits and losses.
- Set Loss and Profit Limits: Control your risk by capping losses and gains within defined periods.
- Limit Number of Trades: Prevent overtrading by setting a daily trade limit.
- Custom Alerts and Notifications: Receive alerts on your chart, mobile, or via email when risk limits are reached.
- Terminal Lock: Automatically close the trading terminal until the next day after reaching risk thresholds.
OCO (One Cancels the Other) Orders:
Create interconnected OCO orders where executing one order cancels the other, reducing the risk of unwanted trades.
Task Scheduling for Orders and Positions:
Schedule tasks to open or close orders and positions based on specific criteria like time, price levels, or activation of other tasks.
Trailing Stop and Break-Even Functions:
Optimize your trade exits with six types of trailing stops and multiple breakeven levels, ensuring you lock in profits while managing risks.
Partial Closing:
Close a portion of your position automatically when certain profit levels are reached, using customizable settings.
Chart and Info Management:
Efficiently manage and analyze multiple symbols, switch between charts, and monitor current market conditions with real-time data:
- Custom Symbol Lists: Create up to 4 symbol lists for quick access.
- Market and Order State Display: Stay updated on market conditions and your open orders.
Information Panel:
View detailed symbol information at a glance, including spread, ATR readings, breakeven prices, and more.
Enhanced Order Management:
Manage and adjust your Stop Loss, Take Profit, trailing stops, and partial closures with precision for full or partial trades.
Optimize Your Trading Today!
Try the TradePanel’s Demo version on a demo account to experience the full suite of features risk-free. Demo Available Here
For complete setup instructions, visit our Full Guide Here.
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