Order Tool is a trading assistant with a GUI panel that simplifies manual trading. It automatically calculates a lot size of a trade based on account balance, provides movable lines for setting entry, stop loss and take profit levels and at the same time it shows potential profit or loss.

Key Features

• Lot size calculation based on percent (%) or money ($)
• Working on accounts with different currency (Euro, Dollar, Yen, Pound)
• Using different source of money for calculation (Equity, Balance, Free Margin)
• Showing potential loss or profit on stop loss and take profit level
• Order sending with or without take profit
• Customizable style
• Movable GUI panel

Main Settings

• Calculation Source = Free Margin/Equity/Balance
• Free Margin - account free margin will be used for lot size calculation.
• Equity - account equity will be used for lot size calculation.
• Balance - account balance will be used for lot size calculation.
• Risk Type = Percent(%)/Money($)
• Percent - initial value of risk in panel will be calculated based on percent. Proper values - from 0.01 to 100.
• Money - initial value of risk in panel will be calculated based on value.
• Risk Per Trade($ or %) - when you choose percent in risk type option, you should enter percent of risk and when you choose money you should enter vaue of risk.
• Pending Order Distance, points - initial distance of entry from price in points for pending orders.
• Stop Loss, points - initial stop loss of orders in points.
• Take Profit, points (0=Disable) - initial take profit if orders in points, when you set it to 0 (zero) you can send orders without take profit.
• Use Confirmation Dialog - an option to turn on/off the "confirmation dialog" of sending order.
• Apply SL/TP After Opening - some brokers do not allow market orders with initial SL/TP, this option resolves that issue by modifying the order after opening.
• Reset After Execution - an option to turn on/off auto resetting of the panel after order execution.

If you have any idea or suggestion to make this tool better, feel free to contact me.

P.S: Because of using complicated functions and chart events in this EA, it may not work in the strategy tester.