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Powerplay Trade Manager

0.00

Powerplay Trade Manager is a great addition for all Powerplay and FX fad userswho prefer entirely automated trading direction.

Trade direction relies on built-in Powerplay calculations, and this is most likely this best mechanism for calculating the trend based on volatility.

The Powerplay Trade Manager product instantly finds trades opened manually and mechanically adjusts their discontinue levels along the Powerplay trend lineup.

Works freely with all timeframes without interfering with your orders.

It manages trades based on fixed calculation settings specified in the parameters of the Trade Manager usefulness.

A unique feature of the utility is the detection and management of orders opened by another Expert Advisor.

Specify the required magic number of the Expert Advisor, and the utility will control its orders according to the strategy you choose

  • Automatic detection of active orders
  • Automatic setting of starting stops
  • Automatic trailing stop
  • Automatic detection of orders from other Expert Advisors
  • Automatic order management of other Expert Advisors
  • Protective stop loss for trades that go against the trend
  • Optionally, you can enable the breakeven function
  • Optionally, you can enable the take profit function
  • Alert function for some trading operations
  • Works with any symbols, including forex symbols, stocks, commodities, bonds, etc.
  • Works on all types of offline charts, such as renko bar and range bar charts

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  • Timeframe-select the timeframe for calculating the trend line from the drop-down list
  • Length, Period – period for calculating the Powerplay trend line
  • Deviation – deviation for calculating the Powerplay trend line
  • Candle – the current open candle (0), i.e. recalculation until the candle closes, or the last closed bar (1) with the final calculated value.

  • Take Profit in Pips – take profit in pips from the order opening price.
  • Secure Stop Loss in Pips-a protective stop loss when trading against the trend on the selected timeframe (i.e. for a buy order in a falling trend and vice versa)
  • Secure Stop Notification-notification when a protective stop loss is set
  • Use break even stop loss-enable / disable the breakeven function
  • Set break even after x pips of profit – profit in pips, at which the breakeven function is activated
  • Break even notification-notification when the stop loss is set to breakeven

  • Insert MagicNumber of EA – the magic number of the External Expert Advisor whose trades Powerplay Trade Manager will work with
  • Disable MagicNumber selection: Enable this feature if you want to manage all trades regardless of their magic numbers

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Looking for trading strategies and tips? Read our blog: https://www.mql5.com/ru/users/blueball/blog

Do you like our work? Share with everyone and leave your feedback.

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