Trade Dashboard MT5

Trade Dashboard MT5: A Comprehensive Overview

Seamless Order Execution

• Execute buy, sell, limit, and stop orders with a single click.
• Adapt to your trading style by choosing between fixed lot sizes or percentage-based risk management.
• Visualize and manage your trades directly on the chart.

Advanced Risk Management

• Set risk as a percentage of your balance or equity, or as a total amount of money.
• Visually define stop loss and take profit levels on the chart.
• Automatically calculate the appropriate lot size for each currency pair, including commission and spread fees.
• Hide stop loss and take profit levels from your broker by turning them into virtual levels.

Trade Lines and Visualization

• Visually set and modify stop loss, take profit, and entry levels.
• Pin your stop loss to a certain price, adjusting lot size based on new stop loss size while keeping the stop loss price constant.
• Set expiration times for orders and modify them visually.

Partial Close and Breakeven

• Set multiple levels of partial stop loss or take profits visually.
• Adjust closure volumes based on initial or current lot sizes.
• Define distances using points, RR ratio, or TP percentage.
• Set a risk-free (breakeven) start line to make your position automatically risk-free after reaching a certain profit level.

Trailing Stop Loss Options

• Choose from 8 types of trailing stop loss options: Regular, RRBased, Candle HH/LL, Profit, Moving Average, PSAR, ATR, and Fractal.
• Dynamically adjust your stop loss as the price moves to maximize profit potential.

Basket Management

• Visualize the breakeven price of your buy and sell orders directly on the chart.
• Set a unified stop loss or take profit for your buy or sell positions.
• Define a universal stop loss and take profit for the entire basket of trades.
• Close all trades at a specific equity level, useful for traders working with FTMO or similar firms.

Proactive Market Crash Protection

• Set your daily maximum drawdown percentage.
• Automatically close all open and pending positions when the limit is reached to protect your account from unforeseen losses.

Efficiency in Position Management

• Close all positions instantly with a single button press.
• Monitor drawdown percentages and spreads for optimal trade timing.

Visualization Tools for Market Insights

• Enhanced market insights through powerful visualization tools.
• Make informed decisions based on a deeper understanding of market dynamics.

Modern Design and Performance

• Enjoy a sleek and user-friendly interface that ensures quick adaptation.
• Blazing-fast performance even in challenging MT5 conditions.

Continuous Support and Improvement

• Reach out for support or suggest additional features.
• Regular updates ensure the tool evolves alongside your trading needs.

Additional Functionalities

• Receive notifications for significant events like hitting stop-loss or take-profit.
• Customize hotkeys for various actions directly on the chart.
• Save and load settings effortlessly, including a default setting that loads automatically.
• Take hedge trades, execute reverse trades, utilize the close-by function, and implement OCO (One-Cancels-the-Other) orders.

Supported Assets

• Forex currencies
• Indices
• Metals
• Commodities
• Cryptocurrencies

With its extensive features and user-friendly interface, Trade Dashboard MT5 is a powerful tool for traders looking to streamline their trading experience and maximize their profitability. 🌟📈