Trade Manager Tools – Miscellaneous – January 2, 2024
trade manager tools The adjustable lines displayed on the chart allow you to prepare and visualize order entry, stop losses and realize profit levels before opening a position. These levels are then used in conjunction with the selected maximum risk preset. Calculate the optimal lot size for your position Before sending your order to your broker. It offers valuable advantages to manual traders who want to control risk and simplify the trading process, while also providing important information such as positions, informing them so they can make decisions before entering a trade. Risk to Reward Ratio or transaction fee.
Download Trade Manager Tool for MT5: https://www.mql5.com/en/market/product/110670/
Download free demo version: https://c.mql5.com/6/936/TMT_demo.ex5
Key Features:
- apply market, Limit and Stop Command
- Automatically calculates the optimal lot size for your position.
- You can set your own defaults for each trading preset.
- Automatically adjusts price levels if spreads need to be included.
- Prevent trading if the risk-to-reward ratio is too low or trading fees are too high.
- After sending your order, we will provide you with a detailed order confirmation.
- We automatically record your order details to a CSV file on your computer.
- Includes customizable sound notifications for new, modified, and closed locations.
- You can apply your own visual settings to every feature in the panel.
Important information:
- You will need to click twice to confirm your order. Unless you disable this option in EA settings
- Show/hide all statistics Click Next % fee Activate the button or Show all statistics Options in EA Settings
- Enable/Disable R/R tracking By clicking on one of the modes Risk to Reward Ratio Buttons on the order panel
- Fees must be added manually to the input settings. To be included in risk calculations
- To access a session’s notification history, double-click either the symbol or period label.