performance while you were away and letting your pending orders do their magic. This pending order would be based on the risk per trade and is always intelligently self-adjusting. After you have defined your trade, you can choose whether you want to Buy or Sell. It can be that simple. So I shall do that and offer a couple of options below. Automatic trailing-stops for all opened trades. Simple Trailing: Moving Average Trailing Parabolic SAR Trailing Fractal Trailing Bollinger Band Trailing ATR Trailing X Bars Back Trailing Donchian Channel Trailing. A lot (and I mean a loooot) have been asking me to release a version of this trade manager which can be used on any broker they wish.
MT4 Trade Manager EA - MetaTrader 4 - Forex Army
Once you have determined your stop loss distance, it automatically reverse calculates your lot size. Manage By Ticket Number - the EA manages the single trade identified by the value in the Order column of the trade terminal. Manage By Trade Comment - the EA manages trades with the same comment as the EA's one. Max spread allows you to determine what is the maximum spread you would allow for all your pending trades to be activated. Basket level Take Profit (in Dollar terms) - all orders that match your selection criteria are monitored. Set default stop loss as soon as trades are opened. Choose whether you want any advanced features such as stealth/decoy stop loss. Before you begin, jobs wo man zuhause arbeiten kann it is always important to define your trade. Lets you trail your profit even though you are not in the system. It is built directly as an Expert Advisor (EA) that you place on your MT4 chart.