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StartOrder Risk Manager

Possibilities:

  • Provides the opening of an order with a specified% risk of the deposit
  • Automatic calculation of lot and other parameters of a trade for a given% risk, StopLoss and TakeProfit levels
  • Transaction support. You can accompany an order opened by another robot. It is possible to transfer the order to breakeven and carry out a step trailing profit
  • Graphic information panel, can be converted into a minimalistic look. Displays information about the current spread, swap, deposit load, profitability of the trade, the level of correlation with other pairs, etc. Allows you to control parameters both by buttons and by entering data.
  • You can move the virtual StopLoss and TakeProfit levels before opening a deal with the mouse and immediately see the predicted calculations for lot, loss and profit
  • Automatic opening of an order with the selected parameters when the market is updated for the first time.

How to use:

Set the maximum acceptable risk for the order in% of the current deposit. Select the direction Sell or Buy. Virtual StopLoss and TakeProfit levels will appear. Set them in number or adjust them virtually with the mouse, before opening a deal. Lot, profit and loss are automatically calculated. When changing levels, the advisor will automatically recalculate all parameters. If you are satisfied with all the parameters of the deal, press the OK button. The Expert Advisor will wait for the price update and will open an order with the specified values ​​by itself. Thus, we obtain a limitation of the risk for the given parameters.

If you need to further support the transaction, enable the breakeven and step trailing profit in the options, setting their values ​​different from zero.

Peculiarities:

  • The calculated risk level will slightly differ from the specified one due to the minimum step of changing the deposit lot of 0.01. Swap and changing spread will also affect the final result.
  • You cannot set StopLoss and TakeProfit levels less than the minimum value set in the options, however, you can set the value equal to 0, which means opening an order without setting the appropriate level
  • The level of correlation with other open orders is monitored. If a correlation is found, then the corresponding direction is highlighted in red. Indicated with how many currency pairs there is a correlation
  • Control of incorrectly entered data
  • The change in Equity is displayed both in the deposit currency and as a percentage
  • The load on the deposit is shown: the total lot and the number of open orders
  • Pip value calculation

Parameters:

StopLoss - set in classic points. It can be changed in the options, in the control panel and graphically by moving the virtual level with the mouse before opening a real position.

TakeProfit - set in classic points. It can be changed in the options, in the control panel and graphically by moving the virtual level with the mouse before opening a real position.

MaxRisk in% - the main parameter, sets the risk level as a percentage of the current deposit. Can be set both in options and in the control panel.

MinSL - is a safety parameter that determines the minimum distance in classic points from the current price, closer to which StopLoss cannot be placed.

MinTP - is a safety parameter that defines the minimum distance in classic points from the current price, closer than which TakeProfit cannot be placed.

BreakEven in pips - breakeven level in points

BreakEven in% of TP - breakeven level in% of TP level

Switch-on level in pips - trawl switch-on level in points

Step in pips - trawl step in points

Max Spred - the maximum allowable spread. If the current spread exceeds the value of this parameter, the spread indicator on the information panel will turn red, attracting the attention of the trader.

Price Slippage - allowable price slippage in points

Magic - is a number that allows the advisor to find exactly its own order. You can set it to zero.

NoMagic - support of an order with any Magic number

SetName is the name of the set. Optional parameter


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The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.86 (63)
Panneau de trading pour trader en 1 clic.   Travailler avec des positions et des commandes!   Trading à partir du graphique ou du clavier. En utilisant notre panel de trading, vous pouvez trader en un clic à partir du graphique et effectuer des opérations de trading 30 fois plus rapidement que le contrôle MetaTrader standard. Des calculs automatiques de paramètres et de fonctions qui facilitent la vie d'un trader et aident un trader à mener ses activités de trading beaucoup plus rapidement et p
TPSpro Trade PRO
Roman Podpora
5 (3)
An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
Trade Copier Global
Laszlo Tormasi
5 (17)
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Severa
OrderManager MT4
Lukas Roth
4.63 (19)
Présentation du OrderManager : Un utilitaire révolutionnaire pour MT4 Gérez vos transactions comme un pro avec le tout nouveau utilitaire Order Manager pour MetaTrader 4. Conçu avec simplicité et facilité d'utilisation à l'esprit, l'Order Manager vous permet de définir et de visualiser sans effort le risque associé à chaque transaction, vous permettant de prendre des décisions éclairées et d'optimiser votre stratégie de trading. Pour plus d'informations sur l'OrderManager, veuillez vous référer
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