Mini Panel Plus

The Mini Panel Plus is a reimagined version of the BoletaMiniPanel, retaining the same functionalities but now presented in a compact, box-like form. It can be easily minimized and situated anywhere on the chart for convenience.

Functionality and Features of Mini Panel Plus

This Forex software is a simplified panel with essential features like Stop loss (Loss), Stop gain (Gain), Trailing stop (TS), and Breakeven (BE-P). These features are configurable and can significantly aid in creating dynamic Forex strategies.

Understanding the Panel Parameters

The ‘Lot’ in Mini Panel Plus signifies the number of contracts to be traded. ‘Gain’ denotes the point number where the stop gain will be positioned. If a stop gain is not required, placing ‘0’ will exclude this stop when the order is opened. Similarly, ‘Loss’ is the point number where the stop loss will be positioned, and this stop can also be excluded by entering ‘0’.

‘TS’ represents the point number where the trailing stop gets activated, indicating the distance of the stop loss from the current price. When this point number is met, the price reaches breakeven and will maintain this point distance. ‘BE-P’ is the point number where the stop loss will be placed above the trade entry price. This feature is useful for offsetting the spread and/or brokerage of the operation when the Breakeven button is activated.

Configuring the AP Parameter

Upon inserting the Panel, only one parameter, ‘AP’, needs to be configured. ‘AP’ is the point number that the stop loss moves each tick when the trailing stop is activated. This number can be equal to the tick size of the traded asset. If a faster trailing stop movement is desired, a higher ‘AP’ number can be set. It’s important to note that after altering the values of any fields, clicking on the chart is necessary for the values to be updated.

Independent Testing and User Experience

Before investing in the full version of Mini Panel Plus, it is recommended to use the demo version on a demo account to understand and test the utility. Independent testing of this product is available on the forexroboteasy.com website. Users can also subscribe to updates on the testing results of this product. Sharing of personal experiences with the product is encouraged to foster a community of strategic Forex traders.

FAQ

Q1: What is the Mini Panel Plus?
A: Mini Panel Plus is a Forex software tool, designed for strategic currency trading. It offers functions like Stop loss, Stop gain, Trailing stop, and Breakeven.

Q2: How to configure the AP parameter?
A: The AP parameter is the point number that the stop loss moves each tick when the trailing stop is activated. It can be set to equal the tick size of the traded asset or a higher number for a faster trailing stop movement.

Q3: Where can I test the Mini Panel Plus?
A: A demo version of the Mini Panel Plus is available for testing. You can also watch independent testing on the forexroboteasy.com website.

This review is independent and aims to provide an unbiased overview of the Mini Panel Plus. It isn’t promoting the product but providing information to help Forex traders make informed decisions.