Question: What are the values in the fields for editing in Points or pips?

In points()! The item is taken from the value of the Point () variable of the MQL language.

Question: Why, when switching TF from a chart from other indicators in MT4, the chart freezes for 10 seconds?

This is a specific feature of the ChartSetSymbolPeriod function in MT4.

Question: Does your program work on Renko charts or offline charts?

Answer : Yes, my VirtualTradePad program is compatible with offline charts, including Renko charts, provided that your Renko chart indicator generates real-time ticks for the offline chart.

What is VirtualTradePad?

VirtualTradePad is a versatile trading panel compatible with any account and broker . It offers an intuitive interface for managing trades , positions , orders , and risk directly from your trading terminal , making it easier for traders of all levels to navigate the markets efficiently.

Which brokers are supported by VirtualTradePad?

VirtualTradePad works seamlessly with any broker that supports MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, ensuring broad compatibility and flexibility for traders using different brokerage services .

Does VirtualTradePad support multiple languages?

Yes, VirtualTradePad includes multi-language support within the panel, allowing traders from various regions to use the tool in their preferred language for enhanced usability .

Is special training required to use VirtualTradePad?

No special training is required. VirtualTradePad is designed with an easy and intuitive interface , making it user-friendly for both novice and experienced traders without the need for extensive training.

What are the main features of VirtualTradePad?

VirtualTradePad offers key features such as position management (BUY/SELL), order management (Pending/Limit orders), risk management tools (Stop Loss, Take Profit, Trailing Stop, Breakeven), multi-timeframe indicator signals , and comprehensive information displays , all accessible through an intuitive interface .

How does VirtualTradePad handle position management?

VirtualTradePad allows traders to open and close BUY and SELL positions , reverse all open positions , lock total positions , set fixed and dynamic Stop Loss and Take Profit levels, apply Trailing Stops , enable Breakeven , and manage positions directly from the terminal chart .

Can VirtualTradePad manage both virtual and real Stop Loss levels?

Yes, VirtualTradePad provides options to select either virtual or real Stop Loss , Take Profit , Trailing Stop , and Breakeven levels, giving traders flexibility in how they manage their risk .

How do I install VirtualTradePad on MetaTrader?

To install VirtualTradePad , download the Expert Advisor (EA) and indicators , place them in the respective MetaTrader folders (usually under MQL4/MQL5 ), restart MetaTrader , and attach the VirtualTradePad panel to your desired chart .

What types of orders can I manage with VirtualTradePad?

VirtualTradePad supports managing Buy Stop , Sell Stop , Buy Limit , and Sell Limit orders. It also allows building grids of orders with customizable lot sizes and distances , and managing these orders directly from the chart .

How does the Trailing Stop feature work in VirtualTradePad?

The Trailing Stop feature in VirtualTradePad automatically adjusts the Stop Loss level as the market price moves in favor of the trade . You can set the trailing distance in points , dollars , or percentage , ensuring profits are secured as the trade progresses.

What is the Breakeven feature in VirtualTradePad?

The Breakeven feature automatically moves the Stop Loss to the entry price once a trade reaches a specified profit level . This helps in eliminating potential losses by ensuring that the trade cannot result in a loss once the breakeven point is reached.

Can VirtualTradePad execute partial position closures?

Yes, VirtualTradePad allows for partial closures of positions directly from the chart . Traders can specify the percentage or lot size to close a portion of their open positions , providing greater control over trade management .

How does VirtualTradePad integrate with trading indicators?

VirtualTradePad includes a Signals tab that works with 10 standard indicators across 8 timeframes . It displays cumulative signal percentages for BUY and SELL directions and can automatically open positions when signal thresholds are met, enhancing trading strategies based on technical analysis .

What information is displayed in the INFO tab of VirtualTradePad?

The INFO tab provides detailed information about the selected currency pair , including current positions , total profit , spread , minimum order levels , swap rates , execution type , point value , distances to Stop Loss and Take Profit , and profit/loss statistics for daily , weekly , monthly , and annual periods .

Does VirtualTradePad support keyboard shortcuts for trading?

Yes, VirtualTradePad offers customizable keyboard shortcuts for various trading functions , such as opening BUY/SELL positions , managing orders , and switching between tabs . This feature allows for faster and more efficient trading directly from the keyboard .

How does VirtualTradePad enhance risk management?

VirtualTradePad enhances risk management by providing tools to set and manage Stop Loss and Take Profit levels, apply Trailing Stops and Breakeven , lock positions to neutralize exposure , and automatically close positions based on total profit or loss thresholds .

Can I customize the lot size in VirtualTradePad?

Yes, VirtualTradePad offers options for Fixed Lot sizes , Autolot based on balance percentage or Stop Loss , and Dynamic Lot sizing . Traders can adjust lot increments and set parameters to match their trading strategies and risk tolerance .

What are the system requirements for running VirtualTradePad?

VirtualTradePad requires the MetaTrader 4 or MetaTrader 5 platform to operate. It is compatible with Windows operating systems where MetaTrader is supported. Ensure your trading terminal is up to date for optimal performance .

How does VirtualTradePad handle multiple currency pairs?

VirtualTradePad can manage multiple currency pairs through its comprehensive panel , allowing traders to monitor and control positions , orders , and risk for all symbols from a single interface . The INFO tab provides aggregated data for each currency pair .

Is VirtualTradePad compatible with MetaQuotes VPS?

Yes, VirtualTradePad can be used on MetaQuotes VPS servers. However, some functions may be limited due to MetaQuotes restrictions on global variable transmission . It's recommended to configure closing functions through external settings for seamless operation on VPS .

What are MagicTarget buttons in VirtualTradePad?

MagicTarget buttons in VirtualTradePad allow traders to quickly place pending orders or positions directly on the chart by specifying entry , Stop Loss , and Take Profit levels using the cursor . This feature streamlines the order setup process for precise trade management .

How does VirtualTradePad display trading signals?

Trading signals in VirtualTradePad are displayed in the Signals tab , which analyzes 10 standard indicators across 8 timeframes . It visually represents BUY and SELL signals with arrows and percentage strengths , helping traders make informed decisions based on technical analysis .

Can VirtualTradePad capture and save chart screenshots?

Yes, VirtualTradePad includes a “ ScreenShot ” button that captures the current chart , including all indicators and objects , and saves the image in the designated folder within the MetaTrader directory for future reference or analysis.

How can I manage trailing profit in VirtualTradePad?

Trailing Profit in VirtualTradePad allows traders to manage floating profits by trailing them instead of closing positions immediately upon reaching a profit target . Users can set trailing distances in points , dollars , or percentage , enabling profits to run while protecting gains .

What support options are available for VirtualTradePad users?

VirtualTradePad users can access support through comprehensive documentation , video tutorials , and dedicated customer service channels . Additionally, users can benefit from community forums and updates to ensure they maximize the tool’s potential for their trading activities .

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