This is a detailed walkthrough of Pulsar Terminal, a utility add-on for MetaTrader 5. Whether you are a scalper, a swing trader, or managing a prop firm account, this guide covers everything you need to get started and master the terminal.
Pulsar Terminal is a utility add-on for MetaTrader 5. It is not a standalone application — it requires MetaTrader 5 running in the background. The product consists of two components:
The EA communicates with the interface in real time. You place orders, adjust levels, and analyze charts from the Pulsar interface. The EA executes everything on your MT5 account.
This allows the EA to communicate with the local Pulsar interface.
Make sure the AutoTrading button in the MT5 toolbar is enabled (green icon). Without this, the EA cannot execute trades.
Step 5: Launch the Companion Application
Open the Pulsar Terminal desktop application. It starts automatically and loads the trading interface.
Step 6: Attach the EA
In MetaTrader 5, drag the Pulsar-Terminal EA onto any chart. The chart’s symbol and timeframe do not matter. Once attached, you should see initialization messages in the MT5 Experts tab. The Pulsar interface will show a green connection indicator.
The Pulsar Terminal interface is divided into several areas:
When you maximize the chart to fullscreen, a Chart Panel appears as a compact floating trading panel directly on the chart. It includes all Pro Panel features in a space-efficient layout. The Chart Panel can be dragged anywhere on the chart so it does not obstruct your view. It is ideal for traders who want maximum chart visibility while retaining full trading controls.
Pulsar Terminal offers two distinct trading panels to match your experience level and trading style.
You can switch between Simple and Pro panels from the trading panel header.
The trade appears immediately in the Positions Table and on the chart with visual SL/TP lines.
One-click mode: If you enable Auto Exec in the settings, orders are sent immediately when you click MARKET, LIMIT or STOP.
Pulsar offers three position sizing modes:
The panel always displays: lot size, exposure in account currency, percentage of equity, risk per pip, required margin, min/max lot for the symbol.
MetaTrader 5 natively supports only one Take Profit and one Stop Loss per position. Pulsar removes this limitation.
The EA monitors your levels automatically and executes partial closes as each level is reached. This continues until all levels are hit or the position is fully closed.
All TP and SL levels are displayed as lines on the chart. You can drag them directly (see Section 8).
Drag Trader lets you manage your trades directly on the chart by dragging price levels.
Drag updates are smooth and responsive. The interface prevents any flickering during rapid adjustments.
The trailing stop follows the price in your favor. If the price moves against you, the Stop Loss stays in place. If the price moves further in your favor, the Stop Loss moves with it.
The trailing stop activates once the position is in profit. The SL only moves in the favorable direction — it never moves back.
Breakeven moves your Stop Loss to the entry price once the position reaches a specified profit level. After activation:
Breakeven cancels any multi-level SL tracking for the position (since SL is now at entry).
Variable spreads can silently erode your trading performance, especially during news events, market open, or low-liquidity sessions. Pulsar includes a Max Spread filter to protect against this.
If the live spread exceeds your threshold at the moment you click BUY or SELL, the order is blocked and a notification informs you that the spread is too wide.
The Max Spread value is displayed in the trading panel and can be quickly adjusted with the slider or +/- buttons.
Grid trading places multiple orders at regular intervals above and/or below the current price.
Price-based grid: All orders are placed immediately at calculated price levels. For example, a Buy grid with 5 orders and 20 pips spacing will place Buy Limit orders at -20, -40, -60, -80, -100 pips from the current price.
Time-based grid: One order at a time, at regular intervals. For example, one Buy Market order every 5 minutes. The first order is placed immediately; subsequent orders follow at the configured interval. This mode is ideal for Dollar Cost Averaging (DCA) strategies.
Each grid order is tracked individually. The grid can be disabled from the interface, which cancels all unfilled pending orders belonging to that grid.
If you trade with a funded account (prop firm), Pulsar can protect you from exceeding your daily loss limit.
In addition to daily loss protection, the panel displays your current drawdown relative to your account’s peak equity. This is useful for prop firm challenges that impose a maximum overall drawdown limit (not just daily).
The Positions Table at the bottom of the interface provides complete visibility into your trading activity.
A detailed table showing all active positions:
A summary row at the bottom displays totals: total volume, total swap, total commission, total exposure, overall return %, and net P/L.
Lists all unfilled Limit and Stop orders. Each order can be cancelled with one click.
Complete trade history from MT5. The history depth depends on your MetaTrader history settings.
Click on any position or historical trade to open a detailed order ticket popup. The ticket shows all order information: entry/exit prices, dates, swap, commission, profit, and any comments attached to the order.
These bulk-close features are not available natively in MetaTrader 5.
Multi-column sorting (ascending/descending) on any column: order number, date, volume, price, swap, commission, exposure, return %, or P/L.
Advanced filters:
Download your complete trade history as a CSV file for external analysis, record-keeping, or tax reporting.
Pulsar Terminal uses Lightweight Charts by TradingView as its charting engine for real-time market analysis.
Second and tick timeframes are unique to Pulsar Terminal and not available in MetaTrader 5’s native interface.
All drawing tools support full customization: color, thickness, opacity, line style. Drawings persist across symbol and timeframe changes.
Patterns scale correctly when you zoom or change timeframe.
These are advanced analysis tools not available natively on MetaTrader 5.
Volume Profile shows how much volume was traded at each price level over a given period. It helps identify:
Configuration: width, colors, opacity, toggle for each element, stats display.
Market Profile displays price over time using letter-based TPO (Time Price Opportunity) charts. Each letter represents a time period during which the price was at that level.
Configuration: TPO interval, IB periods, value area percentage, letter size.
Pulsar includes 20+ technical indicators across five categories:
Indicators can be added, removed, and configured from the chart toolbar. Each indicator has customizable parameters (period, color, line style).
All shortcuts can be remapped in the Settings panel. Step sizes for +/- adjustments are also configurable (lot step, pip step, price step).
Pulsar can speak trading events out loud using pre-recorded audio.
Audio files are stored locally — no internet connection required for voice playback.
The Statistics panel provides performance analytics for your trading account.
Today, This Week, Last Week, This Month, All Time.
Statistics update automatically as your trade history changes.
Each theme customizes: panel backgrounds, buy/sell colors, text colors, accent colors, chart colors, and indicator colors.
You can save up to 5 custom theme variations. Each saved theme retains all your color modifications and can be reloaded at any time.
The interface automatically adjusts to your screen resolution. Supported resolutions: 1366×768 (minimum), 1920×1080 (primary), 2560×1440, 3840×2160.
The Settings panel (accessible from the left menu) provides additional configuration options.
A diagnostic tool that displays the full specifications of any trading instrument as reported by your broker:
This is useful for verifying symbol properties or understanding why a particular instrument behaves differently from others.
If none of the built-in themes match your preference, the Custom Colors panel lets you modify every visual element individually:
Changes are applied in real time. You can save your customization as a personal theme.
Pulsar Terminal supports 11 languages:
Language can be changed from the Settings panel. All interface elements, tooltips, and labels are translated. Standard trading terms (Stop Loss, Take Profit, BID, ASK) are kept in their original form where appropriate.
The Market Watch panel shows your favorite trading instruments at a glance.
For each symbol:
In addition to market orders, Pulsar supports pending orders:
Pending orders appear on the chart as dashed lines and in the Pending Orders tab of the positions table. You can cancel them with one click.
The following table highlights features that Pulsar Terminal adds on top of native MetaTrader 5:
Pulsar Terminal is designed to be simple to use. Here is what you need to know about how the system operates:
