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FxTradeManagerPro

FX Trade Manager Pro Manual

 

FX Trade ManagerPro‘s settings consists of 5 different distinguished sections:

I-Trading Settings

II- General Management Settings

III- Initial SL/TP Settings

IV- Special Types of Modifying & Closing Orders

 V-Trailing Stop Methods

In the following pages every section is explained in detail with examples.

        I.            Trading Settings

In this settings you can select indicator through which you want to open trades. Here 2 indicators are given, 1) Moving Average & 2) Bollinger Band. You can select any one or both or None option if you want to open trade through external EA. After selecting indicator, you have option to select Trade Buy Type and Trade Sell Type, here you can select which type of trade you want place like BUY OR SELL OR BUY LIMIT OR SELL LIMIT.

 

Money Management option is there.  If you want to increase number of trades, you select “True” or by default it is false.

 

Max_Trade option is given to restrict EA to open number of Trades in current pair.

 

Max_BuyLots option is given so that you can restrict maximum Buy lots in total lots trades

 

Max_SellLots option is given so that you can restrict maximum Sell lots in total lots trades

 

Innitial_BuyLots is first buy lot where EA opens trade, you can change value as per your requirement.

 

Innitial_SellLots is first sell lot where EA opens trade, you can change value as per your requirement.

 

 

     II.            -General Management Settings

General Settings controls the general aspects of the EA like which currency pairs to manage or what time of the day expert must be managing orders and so on. Here are the options of this section:

1-1- Select_Manage: There are 4 options.

*Disable: EA won’t manage any orders. In other words EA is disabled.

*This Pair Only: EA only manages the orders of the chart it is attached to. For example if it is attached to ‘EURJPY’ chart by choosing this option it only manages the open orders on ‘EURJPY’.

*All Pairs: EA manages open orders on all currency pairs.

Fig.(1) Select_Manage& it’s options

*Specific Pairs: EA manages only the specified pairs in the currency pair slot. As it is shown in Fig.(2). You can use any separator you like, semicolon, colon, comma, dash, & … . The ‘Specified Pairs’must be chosen.

Fig.(2) Specified Pairs option

1-2-Select_Manage_Order: This option allows the trader to choose which specific orders should be managed.

*All: Manage all orders with no exception.

*By Magic Number: Only manage orders with specific Magic Number/s.

*By Comment: Only manage orders that have specific Comment/s.

*By Ticket: Only manage orders that have specific OrderTicket/s.

*By Magic && Comment: Only manage orders that have specific Magic Number/s& specific Comment/s.

Fig.(3) Select_ManageOrder option

For Example if we only want to manage orders on USDJPY & GBPAUD that have specific comments of ‘Low Risk’  & ‘Trend’, options should be chosen as Fig.(4).

Fig.(4) Select_ManageOrder option

**this ea only manages the orders that it is allowed to manage.

1-3-ExpertCode: This code must be different for every running copy of this EA so no task interference would happen.

1-4-Alert Message: EA gives an alert before closing all orders in a specific Profit/Loss.

1-5-Email: EA sends an Email after all open orders (orders that EA is allowed to manage) are closed successfully in a specific Profit/Loss.

1-6-Send_Notification: EA sends a Mobile Notification after all open orders (orders that EA is allowed to manage) are closed successfully in a specific Profit/Loss.

Fig.(5) ExpertCode, Alert, Email & Send Notification Option

1-7-EA_Time_Filter: Specify the time range that EA is allowed to manage orders. For example if it is set from 9:00 till 15:12, EA starts managing orders from 9 ‘o clock till 15:11:59. This option is the last option of this section.

Fig.(6) EA_Time_Filter Option


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Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
NEW :    integration with Ofir Signals to send personalized alerts Ofir Notify is a tool which send alerts on trades to Telegram Alert on any event concerning a position : Opening, Closing, modification (SL, TP) Send alerts to Chats, Groups and Channel Alert on Equity change Display Risk, Reward and progress of profit/lost for each position Customization of alerts Sending charts screenshots with alerts Send signals from your indicators or experts Daily, weekly and monthly summaries Reply mode:
Gann Model Forecast
Kirill Borovskii
5 (1)
I present to your attention a powerful utility for predicting the future movement of an asset based on W.D. Ganna’s law of vibration. This utility analyzes the selected market model and provides codes for future possible market movement patterns. If you enter the selected code into the appropriate box, you will receive a forecast of the potential market movement. The utility has the ability to display several potential forecast models. The forecast is not yet tied to time and price and gives th
Contact/message me if you encounter any issue using the product or need extra feature to add on the base version. There is a demo version of this panel Dashboard Trading Made Simple Demo in my product list, please try it out to get familiar with all functionalities free, LINK . This system basically utilizes TDI as the main indicator to generate trading signal mainly on H1 and H4 timeframes. The signal will be further filtered and trimmed. Stochastic; Heiken Ashi candle direction and candle s
TakePropips TradePad Pro
Eric John Pajarillaga Aldana
5 (4)
TakePropips TradePad Pro inclui um poderoso gerenciador comercial, medidor de força da moeda, ferramentas de relatórios de contas, ferramentas de gerenciamento de risco e muito mais! É um dos gerentes e assistentes comerciais forex mais avançados que você jamais encontrará! É a solução perfeita para traders que desejam uma maneira mais eficiente de gerenciar transações comerciais. Você pode baixar o manual do usuário em nosso blog:   https://www.mql5.com/en/blogs/post/751180 Você pode testar e
FX28 Trader
Tsvetan Tsvetanov
5 (1)
Apresentamos o FX28 Trader Dashboard: Seu Gerenciador de Operações Definitivo Desbloqueie todo o potencial de sua experiência de negociação com o FX28 Trader Dashboard, um gerenciador de operações abrangente e intuitivo projetado para elevar o seu trading de Forex a novos patamares. Seja você um trader experiente ou esteja começando sua jornada financeira, esta poderosa ferramenta foi desenvolvida para simplificar suas atividades comerciais e aprimorar seu processo de tomada de decisões. Recurs
EA for Cycle Sniper Indicator This utility is designed to open/close auto trades according to the Cyle Sniper indicator's signals. Different entry rules  with various stop loss, take profit options can be applied. You will find the details in this blogpost.  https://www.mql5.com/en/blogs/post/749655 Some important issues are explained in the video. Please do not hesitate to contact us if you need further information. IMPORTANT NOTE: You can not test the full functions of the EA on the strategy t
Trade like a time traveler thanks to latency arbitrage Everyone knows that the best way to make money in the markets is by knowing the future. Have you ever wished to know the future price of something in advance? Even if it were just a few days, hours, or minutes ahead? What if it were possible to know it but with less than a second of advance notice? That's precisely what the PZ Latency Arbitrage EA robot does. PZ Latency Arbitrage EA is your personal time machine: but it can only travel into
ADAM for FTMO 40
Vyacheslav Izvarin
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 ---------------------------------------------------------------------------------------------------------------------------
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Exit strategy   is the key to success in Forex. But its hardly followed by any Forex trader leading to huge losses. Without a legitimate exit plan, as where to close with profit, when to close trade and exit, nobody can profit and most markets are loss-making. Considering the significance of money and trade management, we have few alternatives to deal with that: Handle just about all trades and risk your investment by combating apprehension and self-indulgence. That is certainly where almost all
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