What Trades Manager can offer to manage your trades.
- Collects information about all position orders in a single chart (Fig. 1).
- All orders will be grouped by the symbol of the pair, the sum of the order positions, lots, distance traveled in pips, and
also for profit/loss. - All orders will be summarized and displayed at the bottom of the panel.
- For each order, you can set the target profit, stop loss, and automatic transfer to breakeven (Fig. 4).
- From one chart, it will be easier to monitor and manage all orders without switching to another chart.
- Green means profit, and red means loss (floating) (Fig. 2).
- You can manually close an order quicklyby simply clicking on the button for each pair or for all orders (Fig.
3).
- You can also set the automatic closing of all orders under the following conditions:
- Achieving a common goalbased on the total number of pips or the total amount of money.
- Achieving a total stop lossbased on the total number of pips, total cash amount, or margin level (%).
- Sending notifications (pop-ups, to your mobile device, and via email).
- Unlike other experts, Trades Manager does not require price ticks on the chart.
- This will make trading more convenient, as you will be able to use the substitution technique for all pairs.
- Everything will be done in a matter of milliseconds (with a stable Internet connection).
- The chart also shows the market sentiment.
- How to use Trades Manager
– Run the Trades Manager Expert Advisor on 1 chart that is not used for trading.
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Set the parameters as you want, how it will manage your trading. - A trade manager will work faster and more accurately than a human in managing trades.
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- Suffix Currency Pair-enter the suffix of the currency pair, if it is used on your account, for example: m,
i, f, z, etc. - Target (pips) for each position-enter the target profit in pips by default for each order. Enter 0 to
ignore it. - Stop-loss (pips) for each position-enter the default stop loss in pips for each order. Enter 0 to
ignore it. - Use stop-profit (break even) – set “true” to use automatic transfer to breakeven.
- Surplus Range (pips) after Stop-Level – the number of pips of profit to activate the breakeven. Enter 0 to
ignore it. By default, 20 pips. - Pips s/l stop-profit – the number of pips of profit that will be recorded when moving to breakeven. Enter 0
to ignore it. By default, 2 pips. - Managed by money? – set trueto close all positions when the total amount of money reaches
the specified values. - Target money for total trades-the EA will close all positions when the positions reach the total target profit in
the amount of money. - Stop-loss money for total trades-the EA will close all positions when the positions reach a total loss in cash
the sum. - Stop-loss by margin level ( % ) – the EA will close all positions when the margin level ( % ) reaches the specified percentage.
- Managed by pips? – set trueto close all positions when the total number of pips reaches
the specified values. - Target pips for total trades-the EA will close all positions when the positions reach the total target profit in pips.
- Stop-loss pips for total trades-the EA will close all positions when the positions reach a total loss in pips.
- Alerts / alerts do not work in the strategy tester.
- Screen alert-alerts on the chart.
- Send notification to smartphone – push notifications to your mobile device.
- Send notification to email – notification by email.
- Max Slippage – maximum slippage. By default, 5.
- Panel left margin – the position of the panel from the left edge.
- Panel width in pixels – the width of the panel.
- Display Market Sentiment-set to trueto display the market sentiment.
- Margin left-the margin on the left to display the market sentiment.
- Margin bottom-indent at the bottom to display the market sentiment.
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