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Easy Trade Manager

Easy Trade Manager

$190.00 Regular Price
$0.00Sale Price
REQUIREMENTS
Platform: MT4;
Minimum deposit: $300;
Leverage: 1:300-1:500;
 
FILES
1 EA file
Indicators
User Manual

  • Description

    Recommended Pairs: EURGBP

     

    Time Frame: M30

     

    Broker: Anyone with good liquidity and five-digit instruments.

     

    Automatic Breakeven TP1/2 | Book Part/Partial Profit TP1-TP2 | Automatic Magic Trail TP1/2 | Trade with fixed Amount or Lot Size |Automatic lot

    • Buy/Sell! TP1,2,3 and lot size will be done based on your preference.
    • New Magic Trail option will automatically sense market volatility and adjust/trail your TP3! try it!
    • All the levels you set are hidden from the broker so the broker will only see it after execution!

  • Input Parameters

    Basic Features and EA Settings – Trade  Management

    • Magic Numbers = Input “Magic numbers” to track your trades
    • Slippage allowed = 3 - This means maximum slippage allowed will be 3
    • Order Comments =  Used for updating comments
    • Limit Order = True/False - True for enabling Limit/Stop Orders ; False for market orders
    • Amount Risked = 100 -  Means $100 to be risked per trade ( Can be any currency )

     

    Stop-loss Settings - Define Stop-loss, Lot Size and when to breakeven

    • SL Value = 10.0 means stop-loss will 10 pips
    • Lot Type = Auto/Manual ; Auto = Automatically set lot size based on Amount Risked; Manual = Always trade based on fixed lot size, If lot type set = Manual, Amount Risk is ignored
    • Lot Size =  0.1 Means to trade fixed lot size 0.1; make sure Lot Type setting = Manual (Amount risked will be ignored )
    • Add Spread =  True/False - Used to add spread to TP/SL automatically
    • Set Breakeven = TP1 - Means trades will be set to breakeven after TP1 is booked.

     

    Profit Booking Settings - How much to partial close  & What levels to close

    • TP1 = 50 - TP1 % Percentage of Lots/Amount to be booked at TP1 - 50 means 50%
    • TP2 = 40 - TP2 % Percentage of Lots/Amount to be booked at TP2 – 40 means 40% ( TP3 will automatically be 10% )
    • TP Setting = Pips - enter pips below or Use Auto for Ratios - Eg 1:1 so if SL is 10 pips, TP1 will 10 pips
    • TP1 = 20.0 - 1st Take Profit ; Eg. 20.0 means 20 pips if TP setting=pips, Auto - 1.0 means automatically calculate 1:1 so if SL is 10 pips, TP1 will 10 pips
    • TP2 = 40.0 - 2nd Take Profit ; Eg. 40.0 means 40 pips if TP setting=pips, Auto - 2.0 means automatically calculate  1:2 so if SL is 10 pips, TP2 will 20 pips
    • TP3 = 80.0 - 3rd Take Profit ; 80.0 pips if TP setting=pips, Auto - 3.0 means automatically calculate 1:3 so if SL is 10 pips, TP3 will 30 pips

     

     Trail Settings - When to Trail & How to Trail

    • Trail Profit Start = Start when to Trail profit from TP1 or TP2 or ( Buy/Sell Price – Will be added in the next version )
    • Trail Type = Magic Trail Long = Use for Long term trades ; Magic Trail Short = Use for short term trades  (No Trail = Means don't use any Trailing - Next Version)

  • Advantages

    1. Dynamic profit fixing algorithm;
    2. Money management system;
    3. Hidden tight stop order;
    4. Low drawdown;
    5. No martingale, no grid, no arbitrage;
    6. Indicators are not used;
    7. Each order is protected by Stop Loss;

  • How to use

    1. Enter the Amount or lot size
    2. Drag the RED line on the chart to fix the Stop-Loss.
    3. Drag Blue line (New!) for Limit/Stop orders automatically !
    4. Adjust TP1, TP2 and TP3 lines
    5. You are ready to Buy/Sell
    6. Modify/Adjust the lines even after the trade ( New!)

  • Summary

    Download and become the owner of this very powerful trading tool. If you use this tool correctly, you can have successful trading results.

     

    Here are the key points to keep in mind when trading with this EXPERT ADVISOR:

    • We recommend trading on a demo account for at least a month.
    • If you are profitable after one month of demo trading, feel free to transition to a live account.
    • Use a reasonable risk factor. We recommend starting with 1-2 % risk on a live account to make sure you get comfortable with the EA. Once you understand the process and are comfortable with risking real money, feel free to move up to 5%.
    • Review the news calendar everyday, and disable the EA if you see red news events listed for the next trading day.

     

    We sincerely hope this Expert Advisor brings you closer to the goal you are hoping to achieve.

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