Market / MetaTrader 4 / Utilities /

My Money Manager

49 USD

Demo downloaded: 710

Published: 31 July 2014

Current version: 1.88

My Money Manager

Utilities
Vu Trung Kien
Version: 1.88
Updated: 28 May 2024
Activations: 10

My Money Manager like a risk controller, which places your trades with the exact volume that meets your desired stop loss risk percentage.

It can also help you to preview your EP/SL/TP levels before placing an order by dragging these levels directly on a chart, and keep reporting about them during the position opening.

With this tool, you will feel more comfortable when deciding to open orders, as well as forecasting your profit/loss with your orders. Placing orders is a very precise and professional work now.

This tool is the money manager part that split from Auto Trade Driver.

Reference: If you need more comprehensive version, please search for "Auto Trade Driver" in market place.

Highlight Features

Calculate exactly the volume that meets your desired stop loss risk (% of balance), including the commission fee charged by a broker.
Allow drag-and-drop EP/SL/TP level directly on chart to preview before placing orders.
Provide one-click-trading for all types of orders.
Keep reporting about estimated SL/TP levels when an order is opening.
Real-time control panel.
Restore previous settings after shutdown or power-off.

Setting Parameters

Commission Setting (Menu): Set how your broker charges commission per lot traded. This factor is important to calculate the required volume that meets your stop loss risk.

Commission Type: This is how your broker charges commission. It is "Account currency" if commission is charged on account currency unit, and "Base currency" if commission is charged on base currency of a trading pair.
Commission Per Lot: The amount of currency units charged as commission for a round turn standard lot. If your broker/account type does not charge commission, just leave this value as zero.

Stoploss Risk: The risk percentage that you accept to lose if stop loss occurs.
Est. Loss+Commission: The total loss you will incur at stop loss point. This total loss amount includes order's loss and order's commission.
Order Type: Choose the order type that you want to take place.
Order Comment: Note for your order as regular MT4 order's comment.
Magic Number: You can enter a custom magic number to identify your order for further use.
Set SL/TP By: Choose how to set Stop loss/Take profit point. It is "Price" if you want to set SL/TP by a certain price value, "Distance" if you want to set them by a distance from the entry point.
Adjustment Step: Increase/Decrease space of the price adjustment when using Increase/Decrease arrow button.
Stoploss/Takeprofit/Distance: Value to determine the Stop loss/Take profit point. Setting Stop loss point is mandatory to calculate appropriate volume (you may remove Stop loss later if you want, but need to enter a value to calculate volume and place order). Leave Take profit as zero means setting an order without take profit.
Order Dragging feature: When you are setting EP/SL/TP on the control panel, you will also see that there are horizontal lines with corresponding levels on the chart. You can select those lines and drag them to adjust order EP/SL/TP. Due to these levels, order type will be auto selected.

Support

For further assistance, please contact me via Skype: autofxpro

more...

msfxe 2017.08.11 11:23 #

Amazing script, well worth the price tag. Have always looked for a simple terminal that would allow me to place my trades based off risk %, pips, include commissions, risk-to-reward, balance, etc. Recommend this to anyone who wants to increase their money management skills and efficiency as a trader.

1319

Brian Smith 2017.01.16 01:59 #

Amazing product. This actually helps me gauge my total risk return prior to executing a trade. This way If I choose to not use a S/L in my trade signals I can know exactly what the drawdown risk will be.

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Tobias Domeier 2017.01.10 05:48 #

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News Trader Pro is a unique robot that allows you to trade the news by your predefined strategy. It loads every piece of news from several popular Forex websites. You can choose any news and preset the strategy to trade it, and then News Trader Pro will trade that news by selected strategy automatically when the news comes. News release gives opportunity to have pips since the price usually has big move at that time. Now, with this tool, trading news becomes easier, more flexible and more exciti

299 USD

Unlimited Trade Copier Pro MT5 is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will n

299 USD

Trade Controller provides multiple methods to protect and maximize your profits. This powerful weapon helps you to set the protect and trailing-stop rules on your trade automatically in many effective methods. Once it is set and turned on, you don't need to monitor your orders anymore, the software will keep watching and control your orders with your predefined rules. It's designed to support multi-protection and trailing strategy: Protect by break-even, protect by percentage, protect by pip, pr

79 USD

Trade Copier Pro is a tool to copy trade remotely to MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive t

149 USD

Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules. This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time. With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy you

99 USD

Trade Receiver Free is a free tool to copy trades/signals from multiple MT4/MT5 accounts. The provider account must use copier EA to send the signal. This version can be used on MT5 accounts only. For MT4 accounts, you must use Trade Receiver Free . Reference: - For MT4 receiver, please download Trade Receiver Free . - For MT5 receiver, please download Trade Receiver Free MT5 . - For cTrader receiver, please download Trade Receiver Free cTrader . - If you only need copy from MT4 accoun

FREE

Trade Report Pro is an EA that create professional graphic report of your trade history automatically and manually. It also send notification to your mobile or email once your account balance changed. Reports are saved by HTML and CSV format, while opening a quick summary report window inside MT4. Note: Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/5054 . Followings are highlight features: Report with full and professional statistics, which is better than

39 USD

Trade Receiver Free is a free tool to copy trades/signals from multiple MT4/MT5 accounts. The provider account must use copier EA to send the signal. This version can be used on MT4 accounts only. For MT5 accounts, you must use Trade Receiver Free for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Free . - For MT5 receiver, please download Trade Receiver Free MT5 . - For cTrader receiver, please download Trade Receiver Free cTrader . - If you only need copy from MT

FREE

Binary Options Receiver Free is a free tool to copy binary options trades from other traders at different locations over internet, who use Remote Binary Options Copier to send. To start copying via this tool, provider must add a free license in his list first. That means you can use this free tool to copy binary options trades from a provider, who authorized you to do so and issued a free license. Reference : If you need both sending and receiving features, please check Remote Binary Options Cop

FREE

99 USD

Currency Power Meter shows the power of major currencies against each other. The indicator shows the relative strength of currency/pair at the current moment in a period of time (H4, daily, weekly, monthly). It is useful for day traders, swing traders and position traders with suitable period options. Currency power is the true reason of market trend: The strongest currency against the weakest currency will combine into a most trending pair. As we know, trend makes money and all traders love tre

49 USD

News Loader Pro is a tool that automatically updates every economic news in real time with detailed information from several online data sources. It uses the unique technology to load data with full details from popular Forex websites. An alert will be sent to your mobile/email before an upcoming news release. Moreover, it also marks the news release points on the chart for further review and research. In Forex trading, news is one of the important factors that move the market. Sticking with new

79 USD

Binary Options Trading Pad is a very useful tool for trading binary options on the MT4 platform. No need to setup plugins outside MT4 anymore. This is a simple and convenient panel right on MT4 chart. Demo: For testing purpose, please download the free demo version here: https://www.mql5.com/en/market/product/9981 Features One-click trading buttons on the panel. Trade multi-binary option symbols in one panel. Auto recognize all binary options symbols. Show order flow with expiration progress. M

30 USD

Binary Options Copier Local is an EA that allows to copy binary options trades between MT4 accounts on the same computer. With this copier, you can act as either a provider (source) or a receiver (destination). All binary options trades will be copied from the provider to the receiver with no delay. Demo : Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/10047 Reference : If you need to copy between different computers over Internet, please check Binary Optio

79 USD

Binary Options Copier Remote is an EA that allows to copy binary options trades between MT4 accounts at different computers. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. Provider can give free bonus license to 10 receivers. That means those 10 receivers can copy from provider by using Binary Options Receiver Free (no cost). From 11th one, receiver have to buy Binary Options Receiver Pro (paid version) in order to copy from

149 USD

Unlimited Binary Options Copier Remote is a powerful tool to copy binary options trades remotely between multiple accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his binary options trades with the others globally on his own rules. One provider can copy trades to unlimited receivers and one receiver can get trade from unlimited providers as well. The provider can set the subscription expiry for each receiver, so that receiver will no

299 USD

This robot works hard silently and trades while you are sleeping. That is why it is called Forex Night Trader . The Forex Night Trader only trades when the market has low volatility at night, so it is not affected by sharp price swings on the market. This robot can trade multiple pairs at the same time on a single chart. It was backtested and optimized using real ticks with 99.9% quality. Its backtest passed the hardest periods of the market over 6 years (from 2010). Features Fully automated

499 USD

Super Custom Indicator allows you to design trading signals on your own without coding knowledge. You just need to input the trading rules and it will scan multiple symbols at multiple time frames to find the signals for you in real-time as well as in history chart. Real-time signals will be sent to your mobile and email also. The indicator can calculate and analyze every technical indicators, even custom indicators, with complex operations to give the signal exactly. Normally, it is hard for yo

199 USD

49 USD

My Money Manager like a risk controller, which places your trades with the exact volume that meets your desired stop loss risk percentage. It can also help you to preview your EP/SL/TP levels before placing an order by dragging these levels directly on a chart, and keep reporting about them during the position opening. With this tool, you will feel more comfortable when deciding to open orders, as well as forecasting your profit/loss with your orders. Placing orders is a very precise and profess

49 USD

79 USD

299 USD

499 USD

Filter:

716

nguyen the toan 2019.03.22 15:56 #

User didn't leave any comment to the rating

msfxe 2017.08.11 11:23 #

1319

Brian Smith 2017.01.16 01:59 #

271

Tobias Domeier 2017.01.10 05:48 #

Perfect

Douglas Quinton 2015.11.19 18:54 #

Absolutely fantastic, have been using over the past few days with GREAT SUCCESS ! Fast, quick entries giving all the information needed including the beautiful RR ! Also able to prepare in advance of potential trade, keeping an eye on RR etc....BRILLIANT !

A REQUEST / SUGGESTION FOR NEXT VERSION : Please have Option for 2 TPs. TP1 X% of trade, TP2 X% of trade. Only use TP2 if user selects and completes. THIS WOULD BE SOOO AWESOME !!!

507

Alexey Levashov 2014.12.09 12:03 #

Отличный EA!!! Большое спасибо разработчикам.Давно искал подобного эксперта.Очень актуален при открытии позиции по маркету,когда стоплосс уже известен а цена еще двигается.Размер позиции пересчитывается очень быстро.Рекомендую тем,кто серьезно подходит к своему манименеджменту и статистике.

485

gcgipson 2014.09.27 15:12 #

This utility is simply brilliant! The genius is in how clean, simple and readily available the panel is. The auto lot calculation (based on risk percentage) and setting TP and SL by pip distance, turns the process of processing orders into a cake walk. Great job, this is a tremendous value!

Version 1.88 2024.05.28

- Fixed: Correct lotsize with some exotic pairs.

Version 1.87 2024.04.17

- Fixed: Correct lot size calculation for Cent accounts.

Version 1.86 2023.11.25

- Improved: Code optimized.

Version 1.85 2023.11.23

- Fixed: Minor bugs.

Version 1.84 2023.11.23

- Fixed: Correct broker's tick value per lot.

Version 1.83 2022.11.14

- Fixed: Minor bugs.

Version 1.82 2022.11.11

- Fixed: Minor bugs.

Version 1.81 2022.11.09

- Fixed: Minor bugs.

Version 1.80 2022.03.30

- Fixed: Reset parameters after placing orders.

Version 1.79 2021.07.14

- Fixed: Correct point value for some special symbols.

Version 1.78 2021.06.14

- Fixed: Correct integer lot size for CFDs.

Version 1.77 2021.04.04

- Fixed: Auto-save Risk:Reward setting.

Version 1.76 2021.01.05

- Improved: Code optimized.

Version 1.75 2021.01.04

- Fixed: Minor bugs.

Version 1.74 2020.05.28

- Fixed: Set millisecond timer issue.

Version 1.73 2019.08.26

- Changed: Keep previous parameters after placing orders.

Version 1.72 2019.01.23

- Changed: Remove default order comment (AutoFxPro.com)

Version 1.71 2018.08.06

- Improved: Allow open multi-positions if calculated lot size is bigger than maximum lot size.

Version 1.70 2017.03.10

- Improved: Optimize the calculating functions.

Version 1.69 2016.07.20

- Fixed: Show correct information for Buy Stop/Limit order on the chart.

Version 1.68 2016.06.13

- Improved: OnChartEvent() function is adaptable with MT4 version 4.00 build 971 (7 Jun 2016).

Version 1.67 2016.01.20

- Fixed: Invalid trading volume if lotsize step was larger than 0.01.

Version 1.66 2016.01.08

- Fixed: Correct calculation for account with exotic balance currency.

Version 1.65 2015.09.30

- Fixed: Fixed eternal loop if click Buy/Sell when AutoTrading is disable.

Version 1.64 2015.09.16

- Fixed: No freeze and looping alert anymore when clicking Buy/Sell at closed market.

Version 1.63 2015.05.08

- Improved: Increase lotsize calculating for exotic pairs.
- Improved: Only show trading symbol in Market Watch if necessary.

Version 1.62 2015.04.29

- Added: Risk/Reward Ratio adjustment.
- Improved: Support for exotic currency account.
- Improved: Support for CFD, Indexes instruments.

Version 1.60 2015.04.09

- Improved: Retrying to open orders/positions until success.

Version 1.59 2015.03.27

- Fixed: Agressive alert informing AutoTrading feature.

Version 1.58 2015.02.03

- Fixed: Force to display all graphic objects to the front of the chart. They could be hidden at few low RAM computers with previous version.

Version 1.57 2015.01.16

- Fixed: Expert Advisor's status message correction.
- Fixed: Eliminate potential zero divides.

Version 1.56 2015.01.06

- Fixed: Correct TP point adjustment after placing order in some cases.

Version 1.40 2014.12.03

- Fixed: Mistaken TP point with zero value.

Version 1.35 2014.10.30

Improved: Better adjustment in fast moving market

Version 1.30 2014.10.21

- Improved: Update SL & TP according to actual EP for market order.

Version 1.25 2014.09.02

Fixed minor bugs.