TPSpro Trade PRO

–  Version MT5 (Coming soon)

An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility.

Main functions:

• Original. Simple. Effective.

Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and click in the corresponding direction to place a future order.

• Quick placement of market orders.

Adjust the percentage risk level from your balance or capital using TRADE PRO, or specify a specific risk amount. Visually determine the stop-loss level on the chart, allowing the tool to automatically calculate the optimal position size for each currency pair. The tool is also capable of automatically setting profit targets (take-profit) based on the specified risk-reward ratio.

• Place multiple limit orders, dividing the TOTAL RISK  (Grid Mode).

Regardless of whether you are making multiple buy or sell trades or following a grid strategy, the trading panel provides the ability to place multiple limit orders, allowing you to distribute the main risk across each of their parts, which can also be adjusted.

• Adding additional limit orders to an existing market order.

For your convenience, if you already have an open order, we have added a feature that allows you to quickly add additional limit orders with a common stop-loss and take-profit.

• Setting additional take-profit levels with the ability to quickly adjust the volume.

The new feature allows you to quickly set additional take-profits with the ability to adjust the volume rapidly.

• Three modes for trailing stop. (Coming soon)

Thanks to the three types of trailing stop options provided by TRADE PRO, your stop-loss dynamically adjusts according to price movement, maximizing potential profit. You have the option to choose from the following types of trailing stop: ‘Min/Max’, ‘MA’, and ‘ATR’.

• Virtual take-profit and stop-loss mode.

For visual convenience, we have included a mode for virtual take-profits and stop-losses. When the price reaches the specified take-profit level, the advisor will automatically close a portion or the entire volume of the order.

• Two types of panels (Standard/Minimized).

For those who appreciate simplicity and a concise style, a simplified version of the panel (Minimized) has been developed in parallel.

• Displaying the history of the current order with preservation of stop-loss and take-profit levels, as well as all orders in the history.

This is a highly useful function that allows you to visually track all closed trades in the Forex market with the display of stop-loss and take-profit changes. Such a tool enables real-time analysis of your trading and identification of the strengths and weaknesses of your trading strategy.

Hotkeys:

–  The ‘Q’ key is used to activate the panel for opening BUY orders.
–  The ‘A‘ key is used to activate the panel for opening SELL orders.

Utilizing three risk and volume calculation modes (the first button on the panel):

– If the button is labeled ‘Lot‘, it means that the fixed risk calculation mode in lots is enabled.
– If the button is labeled ‘%‘, it means that the fixed risk calculation mode in percentages is enabled.
– If the button is labeled ‘$‘, it means that the fixed risk calculation mode in monetary equivalent is enabled.

PARAMETERS:

• Magic – Magic number for orders. 
• Calculation a Lot of – This parameter determines the amount of funds on the account used to calculate the trading lot. There are three options to choose from: Free margin, Balance, or Equity.
• Use VIRTUAL SL TP – Allows hiding the stop-loss and take-profit levels of your trades, while the advisor remembers these levels and continues to work with them. 
• Collapse the panel After opening – Automatically collapses the main control panel after opening an order. 
• Startup panel mode – Switches the panel view (Standard/Minimized).
• RATIO for TP / SL – This parameter allows automatically setting the specified ratio of take-profit to the size of the stop-loss (lock).
• Take Profit for limit orders – Parameter for switching between two modes of take-profits for additional limit orders: MAIN – use the main take-profit level, SEPARATE – create a separate take-profit for each limit order. 
• Color Main Panel – Color of the main panel. 
• Main Panel Text Color – Text color of the main panel. 
• Color TP – Color scheme for TP. 
• Color SL – Color scheme for SL. Show – % or $ – One of two options for calculating the current position, displayed in the central part of TP and SL rectangles. 
• Font size % or $ (on TP / SL) – Font size of the % and $ symbols. 
• Show – USD – Display/hide calculations in $. 
• Show – PIPS – Display/hide calculations in pips. 
• Close part 1 (Hot button) % – Percentage to close a portion of the volume (hot button 1). 
• Close part 2 (Hot button) % – Percentage to close a portion of the volume (hot button 2). 
• Show/hide trade history – Visual display/hide of orders in the history. 
• Show history for current order – Visual display/hide of the current order. 
• History, days – Number of days to display orders in history. 
• Trailing MODE – Selection of trailing stop mode. 
• Min/max (tpspro trend pro ind.) – Selection of timeframe for min/max trailing (TREND PRO trend indicator). 
• MA Period – Period for moving average (MA). 
• ATR Period – Period for ATR. 
• Breakeven (pips) – Number of pips at which the stop-loss automatically moves to the breakeven point.