diff --git a/editor/code_editor.cpp b/editor/code_editor.cpp
index 30fc3789dc50..dfa9ccc7a6cb 100644
--- a/editor/code_editor.cpp
+++ b/editor/code_editor.cpp
@@ -1509,7 +1509,7 @@ void CodeTextEditor::_set_show_warnings_panel(bool p_show) {
 }
 
 void CodeTextEditor::_toggle_scripts_pressed() {
-	toggle_scripts_button->set_icon(ScriptEditor::get_singleton()->toggle_scripts_panel(this) ? get_icon("Back", "EditorIcons") : get_icon("Forward", "EditorIcons"));
+	toggle_scripts_button->set_icon(ScriptEditor::get_singleton()->toggle_scripts_panel() ? get_icon("Back", "EditorIcons") : get_icon("Forward", "EditorIcons"));
 }
 
 void CodeTextEditor::_error_pressed(const Ref<InputEvent> &p_event) {
@@ -1527,9 +1527,7 @@ void CodeTextEditor::_notification(int p_what) {
 			emit_signal("load_theme_settings");
 		} break;
 		case NOTIFICATION_THEME_CHANGED: {
-			if (toggle_scripts_button->is_visible()) {
-				update_toggle_scripts_button();
-			}
+			toggle_scripts_button->set_icon(ScriptEditor::get_singleton()->is_scripts_panel_toggled() ? get_icon("Back", "EditorIcons") : get_icon("Forward", "EditorIcons"));
 			_update_font();
 		} break;
 		case NOTIFICATION_ENTER_TREE: {
@@ -1700,8 +1698,7 @@ CodeTextEditor::CodeTextEditor() {
 	toggle_scripts_button = memnew(ToolButton);
 	toggle_scripts_button->connect("pressed", this, "_toggle_scripts_pressed");
 	status_bar->add_child(toggle_scripts_button);
-	toggle_scripts_button->set_tooltip(TTR("Toggle Scripts Panel") + " (" + ED_GET_SHORTCUT("script_editor/toggle_scripts_panel")->get_as_text() + ")");
-	toggle_scripts_button->hide();
+	toggle_scripts_button->set_shortcut(ED_SHORTCUT("script_editor/toggle_scripts_panel", TTR("Toggle Scripts Panel"), KEY_MASK_CMD | KEY_BACKSLASH));
 
 	// Error
 	ScrollContainer *scroll = memnew(ScrollContainer);
diff --git a/editor/plugins/script_editor_plugin.cpp b/editor/plugins/script_editor_plugin.cpp
index 54b9cf063017..be6f45e75a17 100644
--- a/editor/plugins/script_editor_plugin.cpp
+++ b/editor/plugins/script_editor_plugin.cpp
@@ -987,11 +987,8 @@ Array ScriptEditor::_get_open_scripts() const {
 	return ret;
 }
 
-bool ScriptEditor::toggle_scripts_panel(CodeTextEditor *p_editor) {
+bool ScriptEditor::toggle_scripts_panel() {
 	list_split->set_visible(!list_split->is_visible());
-	if (p_editor) {
-		p_editor->update_toggle_scripts_button();
-	}
 	return list_split->is_visible();
 }
 
@@ -1140,16 +1137,7 @@ void ScriptEditor::_menu_option(int p_option) {
 			debug_menu->get_popup()->set_item_checked(debug_menu->get_popup()->get_item_index(DEBUG_WITH_EXTERNAL_EDITOR), debug_with_external_editor);
 		} break;
 		case TOGGLE_SCRIPTS_PANEL: {
-			if (current) {
-				CodeTextEditor *code_editor = NULL;
-				ScriptTextEditor *editor = dynamic_cast<ScriptTextEditor *>(current);
-				if (editor) {
-					code_editor = editor->code_editor;
-				}
-				toggle_scripts_panel(code_editor);
-			} else {
-				toggle_scripts_panel(NULL);
-			}
+			toggle_scripts_panel();
 		}
 	}
 
@@ -3327,9 +3315,6 @@ ScriptEditor::ScriptEditor(EditorNode *p_editor) {
 
 	file_menu->get_popup()->add_separator();
 	file_menu->get_popup()->add_shortcut(ED_SHORTCUT("script_editor/run_file", TTR("Run"), KEY_MASK_CMD | KEY_MASK_SHIFT | KEY_X), FILE_RUN);
-
-	file_menu->get_popup()->add_separator();
-	file_menu->get_popup()->add_shortcut(ED_SHORTCUT("script_editor/toggle_scripts_panel", TTR("Toggle Scripts Panel"), KEY_MASK_CMD | KEY_BACKSLASH), TOGGLE_SCRIPTS_PANEL);
 	file_menu->get_popup()->connect("id_pressed", this, "_menu_option");
 
 	script_search_menu = memnew(MenuButton);
diff --git a/editor/plugins/script_editor_plugin.h b/editor/plugins/script_editor_plugin.h
index e40d596be77e..e2fd67676bf2 100644
--- a/editor/plugins/script_editor_plugin.h
+++ b/editor/plugins/script_editor_plugin.h
@@ -419,7 +419,7 @@ class ScriptEditor : public PanelContainer {
 public:
 	static ScriptEditor *get_singleton() { return script_editor; }
 
-	bool toggle_scripts_panel(CodeTextEditor *p_editor);
+	bool toggle_scripts_panel();
 	bool is_scripts_panel_toggled();
 	void ensure_focus_current();
 	void apply_scripts() const;