General Questions

Q: What is Layer Master Toolbox?
A: Layer Master Toolbox is a professional order management tool available for both MetaTrader 4 and MetaTrader 5, designed to help traders manage multiple positions, set stop losses and take profits visually, and monitor trading performance in real-time.

Q: Which platforms is Layer Master compatible with?
A: Layer Master is available for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both versions offer similar core features with platform-specific optimizations.

Q: What are the differences between MT4 and MT5 versions?
A: Both versions share the same core features. The main differences are:
– Interface styling matches respective platform
– Platform-specific optimizations
– MT5 version includes some additional features due to platform capabilities

Features & Functionality

Q: What are the main features of Layer Master?
A: Key features in both versions include:
– Visual SL/TP line drawing
– Zone Close feature for multiple orders
– Real-time trade information panel
– Total risk calculation
– Multiple position management
– Breakeven functions

Q: Can I manage multiple positions at once?
A: Yes, both MT4 and MT5 versions allow you to select and modify multiple positions simultaneously, including setting SL/TP levels and closing positions within a defined zone.

Q: How does the Zone Close feature work?
A: Zone Close allows you to draw a price zone on your chart and close all positions within that price range. It provides a confirmation dialog showing affected orders before execution.

Installation & Setup

Q: How do I install Layer Master?
A: For MT4:
1. Close MetaTrader 4
2. Copy the LayerMaster.ex4 file to your MT4/Experts folder
3. Restart MetaTrader 4
4. Drag the EA onto your chart

For MT5:
1. Close MetaTrader 5
2. Copy the LayerMaster.ex5 file to your MT5/Experts folder
3. Restart MetaTrader 5
4. Drag the EA onto your chart

Q: Can I use Layer Master on multiple charts?
A: Yes, you can attach Layer Master to multiple charts simultaneously in both MT4 and MT5. Each instance operates independently.

Q: Do I need special permissions to use Layer Master?
A: You need to enable “Allow Algorithmic Trading” and “AutoTrading” in your platform. This applies to both MT4 and MT5.

Trading & Risk Management

Q: How is Total Risk calculated?
A: Total Risk is calculated based on the difference between current price and stop loss levels for all open positions, considering position sizes and market conditions. The calculation method is identical in both versions.

Q: Can I hide the interface temporarily?
A: Yes, both versions include a Hide/Show button to toggle the interface visibility while maintaining all functionality.

Q: Does Layer Master place trades automatically?
A: No, Layer Master is a management tool only. All trading decisions and executions require manual confirmation in both versions.

Technical Requirements

Q: What are the system requirements?
A: For MT4:
– MetaTrader 4 platform
– Windows 7 or higher
– Stable internet connection
– Broker supporting MT4

For MT5:
– MetaTrader 5 platform
– Windows 7 or higher
– Stable internet connection
– Broker supporting MT5

Q: Will it work with any broker?
A: Yes, Layer Master works with all MT4 and MT5 brokers, though some features may be limited by broker-specific restrictions.

Support & Updates

Q: How do I get support?
A: Support is available through:
– Online documentation
– Email support
– Metatrader Website Messages
Support covers both MT4 and MT5 versions.

Q: How often is Layer Master updated?
A: We regularly release updates with improvements and new features. Updates are free for licensed users and are released for both platforms.

Pricing & Licensing

Q: Are the MT4 and MT5 versions sold separately?
A: Yes Correct

Q: What payment methods do you accept?
A: Payment through Metatrader website. 

Reach out to our customer service team for personalized assistance.