My Money Manager allows you to manage your risk by setting your trades to the extent necessary in terms of an acceptable level of risk for you.

The product also allows you to preview your market entry, stop loss and take profit levels (EP/SL/TP levels) before placing an order by dragging these levels directly on the chart. In addition, the product informs you about these levels when opening a position.

With this tool, you will feel more comfortable when deciding whether to place an order, as well as when predicting profit/loss based on your orders. Thus, the accuracy and efficiency of placing orders increases.

The product is an integral part of Auto Trade Driver:

• Calculation of the exact value of the volume corresponding to the risk acceptable to you (in % of the balance), including the brokerage commission.
• The ability to drag the market entry, stop loss and take profit levels on the chart for a preview before placing orders.
• One-click trading for all order types.
• Informing about the estimated stop loss and take profit levels when opening an order.
• Real-time control panel.
• Restore previous settings after closing the terminal or shutting down the computer.

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• Commission Setting (Menu): the type of brokerage commission for each lot traded. This parameter is important for calculating the required volume that is suitable for the acceptable risk.
• Commission Type: the type of brokerage commission. It is equal to ” Account currency “if the commission is charged in the deposit currency, and” Base currency ” if the commission is charged in the base currency of the trading pair.
• Commission Per Lot: The number of monetary units charged as a commission for a standard lot. If the commission is not charged by your broker/account type, just leave this value set to zero.
• Stoploss Risk: the percentage of risk that you agree to lose in the event of a stop-loss close.
• Est. Loss Commission: total loss at the stop loss point. This total loss amount includes the loss and commission of the order.
• Order Type: the order type.
• Order Comment: comment on the order.
• Magic Number: A magic number to identify your order for future use.
• Set SL/TP By: a method for setting stop loss/take profit levels. “Price”, if you want to set the SL/TP levels at a certain price value, “Distance” – at a certain distance from the entry point.
• Adjustment Step: the step of increasing / decreasing the price when using the increase / decrease buttons with arrows.
• Stoploss/Takeprofit/Distance: value for determining stop loss/take profit levels. Setting the stop loss level is mandatory for calculating the corresponding volume (you can then delete the stop loss if necessary, but you need to enter a value to calculate the volume and place the order). Take profit = 0 means that the take profit level will not be set for the order.
• Order Dragging feature: when you set the entry points, stop loss and take profit on the toolbar, you will see the corresponding horizontal lines on the chart. You can select the lines and drag them to the desired level to change the value. In connection with these levels, the order type will be automatically selected.

• Commission Type: the type of brokerage commission. It is equal to ” Account currency “if the commission is charged in the deposit currency, and” Base currency ” if the commission is charged in the base currency of the trading pair.
• Commission Per Lot: The number of monetary units charged as a commission for a standard lot. If the commission is not charged by your broker/account type, just leave this value set to zero.

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