Common information
Sniper Trade Panel – panel for manual trading, which automatically calculates the volume of an order depending on the stop loss
value and the specified risk.
How it works
- On the panel we set the risk value (%);
- Press the “SL” (Stoploss) button, a line appears on the chart (which shows where the stop loss of the new order will be);
- We move this line to the level where our future stop loss will be located (below the price level for the buy order, above the price level
for the sell order); - The panel automatically calculates the volume of the future order depending on the specified risk value and on the level of the future
stop loss (line “SL”); - Open order by clicking “Buy” or “Sell”;
- The order will be closed automatically, or manually with the “Close all” button.
Panel buttons
SL – the stop loss line of the future order will appear (or hide) on the chart;
Buy – open a
buy-order;
Sell – open a sell-order;
Close all – close all orders on the current chart.
Input parameters
Common settings
Risk % – risk per trade (%)
Slippage – slippage
MagicNumber –
magic numberAdditional settings
Value to count risk – what the risk is calculated from (Account Balance / Account equity)
Only
1 order allowed – the panel allows only 1 order to be opened using the stop loss function (true / false)SL line settings
SL line color – SL line color
SL text color – color of the information text
under the SL linePanel settings
Panel color – panel color
StopLoss button color – “SL”
button color
Buy button color – “Buy” button color
Sell button color –
“Sell” button color
Close all button color – “Close all” button color
Common text color –
main text color
Extra text color – additional text color