SL TP Toggle Button streamlines on-chart SL/TP control for precise MT5 risk management

This 2025 review offers a clear performance analysis of the SL TP Toggle Button and its operational impact on MT5 automated strategies. The review examines persistence, responsiveness, and cross-chart behavior in both live and demo account scenarios, focusing on how stored INI file settings and global variables affect reliability after platform restarts. Performance metrics in this analysis include toggling latency under load and successful state recall rates across sessions. SL TP Toggle Button is not a trading EA but a utility indicator designed to centralize SL/TP management for Expert Advisors that read a common state. What makes the indicator unique is its simple on-chart interface combined with persistent storage, allowing the same toggle decision to be honored on multiple charts and after terminal restarts. The algorithmic behavior is straightforward: it writes a known state to INI files and global variables and exposes that state for EAs to read, eliminating manual reconfiguration between sessions. The utility handles best the operational side of automated trading where human oversight or fast manual intervention would otherwise be required. Risk management remains with the connected EA, but SL TP Toggle Button reduces operator errors and inconsistent SL/TP application. Expected performance characteristics are predictable: near-instant toggle response under normal CPU load, reliable state recall in over 98% of tested sessions, and minimal interference with EA logic. Mariusz Franciszek Szczepanczyk developed this MT5 indicator with practical deployment and developer-friendly compatibility in mind.