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This free tool is more reliable and user friendly to use Please give five star if you feel the tool is helpful Lot size positioning is the important risk management rule The larger the lot, the more risk you're exposed to. Smaller lot sizes are often favored by traders who want to manage risk more conservatively.
A general rule of thumb is to risk no more than 1-2% of their account on each trade. Traders need to determine their risk tolerance for each trade. This will help them decide how mu
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The Supertrend Indicator is a popular technical analysis tool designed to assist traders in identifying market trends. The indicator combines the average true range (ATR) with a multiplier to calculate its value. This value is then added to or subtracted from the asset’s closing price to plot the supertrend line. The Supertrend Indicator can help identify trends, manage risk, and confirm market tendencies. The indicator is limited by its lagging nature, is not very flexible, and can send up fal
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you can plan you exit in terms of money/floating with this tool Once the negative or positive floating value reached this tool will close all opened positions
How to deal with big negative floating profit?
It will be very difficult to overcome this phase you can prevent with this phase with a exit strategy
It can be stop loss or close all orders if account has reached this much floating
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Review your trades is important key to succeeed in trading, with my tool it will be very easy to review all your trades. Just load my tool and load the account history.
It will show where and when entered and exited.
And one of the key ways to continually improve and iterate on our trading is to review our past trades and trading performance as a whole. Because you won’t notice the mistakes in the moment. And you can’t take a big picture view when you’re focusing on the micro aspects of eac
This tool helps you to find easily and clearly when you enter trade with day time and price examples Entered Buy at Monday 20:30 with price 2150 Exited buy at Tues 10: 30 with price 2187 You can convert as local time by inputting shift hours and minutes.
Trading is a learning skill, so you have to evaluate your trading performance at the end of your day. Did you follow your rules? If you did then it was a win, regardless if you earned pips or not. If you didn't follow my rules then is a
Never miss an opportunity with a pending order But if market structure changes or during events it can act against you
It is better to place pending orders with expire time
This tool will be helpful for you with preset expire time
Buy Limit : This order is placed below the current market price. Traders use it when they anticipate a pullback or retracement before the price continues to rise. Sell Limit : This order is placed above the current market price. It’s used when a trader e
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This indicator will show week and monthhigh low, very useful to understand the market sentiment. To trade within the range/ break out. Low- can act as support- can used for pull back or break out High- can act as resistance- can used for pull back or break out Breakout strategy refers to the day trading technique that provides traders with multiple opportunities to go either long or short . The main idea is to identify the trend in its most juicy state followed by a trending move.
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The risk-to-reward ratio is used for assessing the potential profit (reward) against the potential loss (risk) of a trade. Stock traders and investors use the R/R ratio to fix the price at which they'll exit the trade, irrespective of whether it generates profit or loss. A stop-loss order is generally used to exit the position in case it starts moving in an opposite direction to what a trader anticipated.
The relationship between the risk and reward helps determine whether the potent
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This indicator will show yesterday and today high low, very useful to understand the market sentiment. To trade within the range/ break out. Previous day low- can act as support- can used for pull back or break out Previous day high- can act as resistance- can used for pull back or break out The previous day high low breakout strategy refers to the day trading technique that provides traders with multiple opportunities to go either long or short . The main idea is to identify the trend in its m
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