RR TradePanel Set up and setup Information – Different – 17 Might 2026

INSTALLATION

Step 1 — Copy the EA File

Copy:

RR_Tool_EA.mq5

to your MT5 Specialists folder:

<MT5 Knowledge Folder>MQL5Experts

Step 2 — Compile the EA

1. Open the file in MetaEditor

2. Press F7 to compile

3. Guarantee there are zero errors

Step 3 — Open Your Buying and selling Chart

Open the chart for the instrument you wish to commerce.

Examples:

Step 4 — Connect the EA

You’ll be able to both:

Step 5 — Configure the EA

Within the EA settings window:

1. Configure your most well-liked inputs

2. Open the Frequent tab

3. Allow:

4. Click on OK

Step 6 — Allow Algo Buying and selling

Be certain that the MT5 Algo Buying and selling button is enabled (inexperienced).

If Algo Buying and selling is OFF:

IMPORTANT NOTE

The EA operates on one chart/image per occasion.

For multi-symbol buying and selling:

INPUT PARAMETERS (EA SETTINGS)

Threat Administration

Allow computerized lot sizing

Default: true

If enabled, the EA calculates lot measurement robotically based mostly on:

• account steadiness

• threat %

• cease loss distance

If disabled:

Threat per commerce (%)

Default: 1.0

Defines how a lot account steadiness is risked per commerce.

Instance:

Fastened lot measurement

Default: 0.10

Used solely when computerized lot sizing is disabled.

Execution Settings

Commerce remark

Default: Empty

Non-obligatory textual content added to all EA orders.

Allow popup alerts

Default: false

Exhibits MT5 popup alerts for necessary EA occasions.

Break-Even Settings

BE Set off Mode

Pips

Break-even prompts after value strikes a set variety of pips.

TP %

Break-even prompts after value reaches a proportion of the TP distance.

BE set off distance

Default: 10.0 pips

Used when set off mode = Pips.

BE set off by TP %

Default: 50%

Used when set off mode = TP %.

Revenue locked at BE

Default: 1.0 pip

When BE prompts:

Trailing Cease Settings

Path Set off Mode

Pips

Trailing begins after X pips revenue.

TP %

Trailing begins after X% of TP distance.

Begin trailing after

Default: 15 pips

Path set off by TP %

Default: 50%

Trailing distance

Default: 10 pips

Distance between value and trailing cease.

Trailing step measurement

Default: 2 pips

Minimal motion earlier than SL updates.

Partial Shut Settings

Partial Shut #1

• Enabled by default

• Set off: 50% TP

• Shut: 25%

Partial Shut #2

• Enabled by default

• Set off: 80% TP

• Shut: 25%

SL Partial Shut

Used to scale back publicity throughout dropping trades.

Default Handbook Partial Shut %

Default: 50%

Utilized by the guide:
Shut X%
button.

RR Software Colors

Default Colors

• Take Revenue → Inexperienced

• Cease Loss → Crimson

• Entry → Blue

RR Software Look

RR Label Font Measurement

Default: 8

RR Software Width

Default: 280 px

Panel Place

Horizontal Place

Default: 12

Vertical Place

Default: 48

The panel will also be dragged manually throughout runtime.

STEP-BY-STEP — PLANNING A TRADE

Step 1 — Open the Panel

The panel opens robotically when the EA hundreds.

If closed:

Step 2 — Select Path

Click on:

This prompts the RR overlay.

Step 3 — Set Value Ranges

You’ll be able to:

Methodology A — Drag the blocks

Transfer TP, Entry, and SL blocks straight.

Methodology B — Drag chart traces

Transfer the horizontal traces on the chart.

Methodology C — Kind costs manually

Enter values straight within the panel.

Methodology D — Use the Set button

Click on:

Step 4 — Evaluate Commerce Evaluation

The panel robotically calculates:

• R:R ratio

• Threat quantity

• Reward quantity

• Lot measurement

• Order kind

• High quality rating

RR High quality Information

• POOR → Under 1.0

• OK → 1.0–1.49

• GOOD → 1.5–1.99

• GREAT → 2.0+

Step 5 — Automated Order Detection

The EA robotically determines:

• Market Order

• Restrict Order

• Cease Order

based mostly on Entry place relative to market value.

Step 6 — Execute Commerce

Click on:

The EA locations the order with:

• calculated lot measurement

• cease loss

• take revenue

Step 7 — Reset or Cancel

Reset

Resets costs whereas conserving overlay seen.

Cancel

Removes all RR objects from chart.

ORDER MANAGEMENT PAGE

Entry by way of the ⚙ gear icon.

Options embody:

• Auto Break-Even

• Auto Trailing

• Handbook BE

• Handbook Trailing

• Partial Shut

• Cancel Pending Orders

• Shut All Positions

• Digital SL/TP

VIRTUAL SL/TP

When enabled:

Helpful for hiding SL/TP from dealer.

⚠ IMPORTANT:
MT5 should stay open whereas Digital SL/TP is energetic.

LOT SIZE CALCULATION

When Auto-Lot is enabled:

Threat Quantity = Steadiness × Threat % Lot Measurement = Threat Quantity ÷ (Cease Pips × Pip Worth)

The EA robotically:

PANEL NAVIGATION

QUICK-START CHECKLIST

– EA compiled with out errors
– Algo Buying and selling enabled
– EA connected appropriately
– Threat % configured
– Magic Quantity configured
– Break-even reviewed
– Trailing settings reviewed
– Partial shut settings reviewed
– Examined on demo account first

FINAL NOTES

RR TradePanel EA was constructed to simplify:

• threat administration

• commerce execution

• RR planning

• automated administration

At all times take a look at completely on a demo account earlier than buying and selling dwell funds.