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Easy Trade Panel Expert for MetaTrader 5 Download – Free [TFlab]

author EAcpu | 2 reads | 0 comments |

The Easy Trade Panel is one of TradingFinder's specialized products that provides risk and capital management capabilities.

The Expert consists of two panels: the first is for executing trades, setting trade volumes and managing risk and reward, while the second is for position management.

Easy Trade Panel Expert Specifications

The table below outlines the features and specifications of Easy Trade Panel Expert.

Indicator categories: Money Management MT5 Indicator Trading Assistant MT5 Indicator Risk Management MT5 Indicator
Platforms: MetaTrader 5 Indicators
Trading Skills: Elementary
Time frame: Multi Time Frame MT5 Indicators
Trading Style: Intraday MT5 Indicators Scalper MT5 Indicators Intraday Trading MT5 Indicators
Trading Tools: Forex MT5 Indicators Stock MT5 Indicators
MT5 Indicator Index

Easy Trade Team Experts at a Glance

The Trade Expert Group is an advanced trading tool that enables traders to manage their trades professionally. It provides unique and practical features in a concise panel that simplifies the management process of capital and transactions, making it easier to control and manage transactions efficiently.

With this tool, traders can preserve their profits , avoid potential losses, and gain greater control over their positions. Key features include the ability to set multiple take profit levels (multiple TPs) and calculate risk to reward visually (Visual), both of which are valuable for trading decisions.

Buy trade in uptrend with Easy Trade Panel Expert

On the 1 hour chart of the EUR/USD pair, a buy position has been executed using the following command Trade Expert Group . T

Traders can click the Buy option. For pending orders, the Buy.P option allows traders to set pending orders.

Executing a Buy Trade Using the Expert Panel
Manage buy positions with Easy Trade Panel Expert

Sell ​​trade in uptrend using Easy Trade Panel Expert

On the 15-minute chart for the EUR/JPY pair, the Trade Team Expert feature [Defining Stop Loss and Profit Based on Volume] has been used to execute sell trades.

With this expert, traders can adjust entry volume and set stop losses based on the following criteria:

  • Pip amount;
  • Balance percentage;
  • Dollar amount.

Additionally, the following features are available: Trailing Stop , BreakEven (Risk-Free), and Partial Close available for sell trades .

Executing a Sell Trade Using the Expert Panel
Managing Sell Positions in MetaTrader 5 with Easy Trade Panel Expert

Easy trading panel expert setup

The following are the settings available for eTrade Expert Group :

Settings for the Easy Trade Panel Expert in MT5
Easy Trade Panel Expert Custom Settings for S&P 500 Charts

Setting

  • Time to the next bar: Displays the remaining time before the current candle closes;
  • One Click Trading: enable/disable trading without confirmation;
  • Having Take Profit: Enable/disable taking profit from trading;
  • Having Stop Loss: Enable/disable stop loss in trading;
  • Virtual take profit and stop loss: enable/disable virtual trading;
  • Partial Close: Enable/disable partial closing of 50% of transactions;
  • Show all TP & SL: Shows transactions from the server to the expert list.

Order

  • Buy and Sell: Real-time execution of buy and sell transactions;
  • p and sell.p: Execute the buy and sell orders of pending orders.

Lot

  • N/A: Select volume size.

Risk

  • SL Type: Select stop loss based on dollar amount ($), balance percentage (%) or pip value (P).

Reward

  • Single TP RR: select risk-reward ratio;
  • Multiple TP: Select multiple take profit levels with specified amounts.

PM

  • B All: Select "risk-free" for all profitable trades;
  • C All: Close all positions;
  • C Last: Close the last position;
  • Visual: Displays visual risk-reward ratio;
  • Job Management: Toggles the visibility of the job management panel.

Conclusion

The Easy Trade Panel is one of the trading tools in TradingFinder that can be used for risk management and setting take-profit levels.

In addition, trading risks can be minimized and profits can be managed with the following features: Risk Free and Partial Close , which helps effectively reduce risks and control trading results.

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