How amazing is it ? Well read on and find out. Having a strategy is one thing, executing it is a whole other fib. One part where many traders fail at is the “ craft management ” function of trade. They miscalculate their set sizes, they do not set period losses, do not have proper risk to reward ratios for their trades, target stops at incorrect levels and do not know when to take partial derivative profits and move their stops to breakeven in order to protect their profits .
many traders have personally suffered from many of these problems and hence my decision to develop the best MT4 deal coach that will solve all these once and for all. Below is an explanation of the uses and settings that we have for the Ultimate Trade Manager we have develop to help traders manage their positions with incredible relief .
Smart Lot Size Calculation & Recalculation
reverse calculate your fortune size based on fairness % or dollar sum $. The EA factors in how far your stop consonant loss is and reverse calculates the discipline lot size based on your risk allotment to that trade.
If you adjust your pending order ’ s stop-loss distance, the EA will mechanically recalculate the adjust distribute size for you and replace the trade with the correct bunch size.
1-Click Stop Loss / Take Profit Targets
Place your break loss and take profit targets with a one chink. Works for market orders and pending orders.
Easily Modify Existing Trades
Adjusting your levels is a easy as click and reactivating the setup. even if you modify your arrest loss distance, the Trade Manager can easily help you recalculate the adjust batch size to risk the same original total .
3 Levels Partial Profits
The Trade Manager EA allows you to set up to 3 separate partial profit levels along with customisable % to be closed at each degree. identical utilitarian for locking in profits at samara stages of your trade .
Multiple Trailing Stop Loss
Wide selection of trailing barricade loss features, from dim-witted trailing stop, to 3 step trailing stop, to ATR stop loss, Chandelier trailing end personnel casualty and even Parabolic SAR stop loss. very useful for riding out big trends or big breakouts that can turn your original winning trade into a massive one .
Trade Manager EA Rating | 9.07 |
Yield per annum | 65.39% |
Max drawdown per annum | 44.1% |
Developer | MetaQuotes |
Created, year | 2016 |
Free | |
Class | middle term |
Type | trend |
Lot size | not less than 1000 units per 0.1 of a standard lot |
Deposit | $100 |
Leverage | 50 |
Timeframes | M30 |
Strategies | own strategy |
Indicators | own indicators |
Recommended brokers | |
Trading tool/currency pairs | AUDUSD, USDJPY, GBPUSD |
Automatic account type | |
Indicating | |
Multiple usage | |
Mini deposits | |
Max risk limitation | |
ECN | |
NDD | |
Several one-way series | |
Auto start lot | |
Fixed stop loss | |
Fixed takeprofit | |
Automatic lapse expansions |