2/13/ · Forex Trade Manager Pro Robot. February 13, by forexearobots. With this Forex Trade Manager Pro Robot, you can efficiently control the most important part of trading – risk and money management. It calculates the perfect lot size for your orders depending on the defined stop loss and sets the take profit at a defined Reward:Risk level The MT4 Trade Manager EA is able to hide your stop loss and take profit targets from the broker. It can similarly add a decoy X pips to your stop loss or take profit targets to throw your broker off. This is very useful when you feel that you are being B-booked by your broker or always notice that you get stopped out by 1 pip or so 8/18/ · There is solution, it is EA Forex Trade Manager. Whit this tool you can: easy to plan each transaction; calculate how much you can gain and how much you loss on one trade just before you decide to open it (money management) opening trades quickly; manage opened trades
Free MT4 Trade Manager EA
It is an EA I have spent quite a considerable amount of money on to have the following benefits built into it. Obviously we cannot always be at the computer to move our trades to breakeven, move our stops to lock in profits or trail our stops and this is what the Forex School Online MT4 trade manager does. It also allows us to split trades so that we can manage our positions how we want to. Inside MT4 we can manually exit portions of trades, but we cannot do this with a pending order.
For example; if I enterof XYZ pair, I can manually whilst watching price move choose to exit only 50, of that position, but I cannot set a pending order for price to close just 50, at my first profit target and let the other 50, run into bigger profits or another profit target.
The Trade Manager EA was built to manage your trades and it has three main roles:. The main advantage of using the Trade Manager EA is not just the fact that your current open positions are automatically managed, but also it gives you a speed and efficiency advantage. The Trade Manager EA sends orders much faster than a human being, forex trade manager ea, which means that you can get better filling prices on your take profit orders or stop loss orders.
You can download Free New York close MT4 charts to use the EA here, forex trade manager ea. If you need to know about how to download, install and use EA's correctly, then please read the lesson at; How to Install and Use MT4 EA. The Forex trade manager ea Manager EA will allow you to split your current trade into a maximum of three positions.
That means you can have as many as three different take profit orders for which you can allocate different portions of your total position size according to your needs. When we run the Trade Manager EA in the Single Trade mode, the expert advisor can help you with the trade management of your open positions, forex trade manager ea. This can be achieved by having your stop forex trade manager ea order moved to breakeven after the market has moved by a predefined number of pips in your favor.
You can also trail your stop by a predefined number of pips according to user settings. It will be activated only after the Breakeven Stop Trigger is activated. It has to have an input number higher or equal to zero, where zero represents BE or your entry price.
Keep in mind; the Breakeven Stop Distance always forex trade manager ea to be forex trade manager ea than the Breakeven Stop Trigger. When we run the Trade Manager EA in the Two Trades mode, the expert advisor will help you with the trade management of your open positions in the sense that it will split your trade into two take-profit orders.
You have the option to set the distance of where you want to take the profits as well as the quantity. In order to accomplish this, you need your settings to be similar to the settings in the image above.
I f your initial position size is1 standard lot then, the first take profit will represent 60, while the second take profit will represent 40, When we run the Trade Manager EA in the Three Trades mode, the expert advisor will help you with the trade management of your open positions in the sense that it will split your trade into three take-profit orders of your choice. You have the option to set the distance where you want to take the profits as well as the quantity. In order to accomplish this, you need your settings to be similar to the ones that are set in two trade mode.
If your initial position size is1 standard lotthen the first take profit will represent 30, the second take profit will represent 30, while the third take profit will represent 40, We want to make sure your experience is safe and as secure as possible. In this regard, the Trade Manager EA offers high standards of security for its users. The expert advisor will only work with the password; forexschool.
The Trade Manager EA also offers its users the possibility to set up sound or email alerts to notify you when an order has been executed. You can also tie this in so you get alerts directly to your phone notifying you when an order has been executed. Once you close the MT4 platform your EA will stop working.
I know many people have similar products they sell, but to be honest they probably also offer ongoing support with them.
I do not have the time to offer support with this EA and would rather give it to those who would like to use it in their trading. I will answer questions and help in the comments below, but as it is a free EA it comes with no guarantees and you use at your own risk.
I would like your feedback, comments and questions, so just leave in comments section below. Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.
Hi Johnathon! Do you have a MT5 version of the Trade Manager EA? By the way, excellent site! Regards, forex trade manager ea, Santiago.
I just got your free MT4 trade manager, but when I load it, it tells me it needs the correct password. Can you help me? Your email address will not be published. Forex Trading for Beginners. Price Action Trading.
Forex Charts. Forex Trading Strategies. Money Management. Best Forex Trading Platforms. Trading Lessons, forex trade manager ea. com helps individual traders learn how to trade the Forex market, forex trade manager ea. We Introduce people to the world of currency trading. and provide educational content to help them learn how forex trade manager ea become profitable traders.
we're also a community of traders that support each other on our daily trading journey. Skip to primary navigation Skip to main content Skip to primary forex trade manager ea Skip to footer Free MT4 Trade Manager EA.
It is an EA I have spent quite a considerable amount of money on to have the following benefits built into it; The Trade Manager EA allows traders to: — Split trades into 1,2 or 3 portions for easier manager.
About The Trade Manager EA The Trade Manager EA was built to manage your trades and it has three main roles: Moving positions to Break-Even, forex trade manager ea. Split positions. Taking Profits. Download and Use the Trade Manager EA You can download Free New York close MT4 charts to use the EA here.
Make sure you test this EA on your demo account before using in forex trade manager ea environment. The Trade Manager EA can run in three distinctive trading modes. Single Trade — Settings: — Breakeven Stop Trigger pips : This represents how far you want price to move in your favor before the EA will move your stop loss that you have already set.
Trade Mode — Two Trades When we run the Trade Manager EA in the Two Trades mode, the expert advisor will help you with the trade management of your open positions in the sense that it will split your trade into two take-profit orders. Trade Mode — Three Trades When we run the Trade Manager EA in the Three Trades mode, the expert advisor will help you with the trade management of your open positions in the sense that it will split your trade into three take-profit orders of your choice.
Trade Manager EA — Security Settings We want to make sure your experience is safe and as secure as possible, forex trade manager ea. Get Trade Alerts to Your Phone and Email The Trade Manager EA also offers its users the possibility to set up sound or email alerts to notify you when an order has been executed. Finally I know many people have similar products they sell, but to be honest they probably also offer ongoing support with them.
Make sure you test this first in your demo account and are forex trade manager ea with it's uses.
Safe trading, Johnathon. About Johnathon Fox Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.
Previous Post: « Weekly Price Action Trade Ideas — 10th to 15th March Comments Thank you for creating this ea. Yes we need mt5 version of this. this is amazing ea. Hi Rrodh, the password is; forexschool Let me know anything else, Johnathon. Leave a Reply Cancel reply Your email address will not be published. Forex trade manager ea this website. Join Us Now! Compare Brokers Best Forex Brokers Forex Demo Accounts Best Forex Trading Platforms Forex Apps Swap Fee Accounts MT4 Brokers.
com helps individual traders learn how to trade the Forex market We Introduce people to the world of currency trading. we're also a community of traders that support each other on our daily trading journey Finixio Ltd, 2 Ferdinand Place, London, NW1 8EE business finixio.
Forex EA - Trade Manager EA
, time: 4:31FREE Trade Manager EA - Day Trade Forex Success Strategies
The MT4 Trade Manager EA is able to hide your stop loss and take profit targets from the broker. It can similarly add a decoy X pips to your stop loss or take profit targets to throw your broker off. This is very useful when you feel that you are being B-booked by your broker or always notice that you get stopped out by 1 pip or so 2/13/ · Forex Trade Manager Pro Robot. February 13, by forexearobots. With this Forex Trade Manager Pro Robot, you can efficiently control the most important part of trading – risk and money management. It calculates the perfect lot size for your orders depending on the defined stop loss and sets the take profit at a defined Reward:Risk level 8/18/ · There is solution, it is EA Forex Trade Manager. Whit this tool you can: easy to plan each transaction; calculate how much you can gain and how much you loss on one trade just before you decide to open it (money management) opening trades quickly; manage opened trades
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