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Use for risk management and opening positions as per the user settings. The user is allowed to set the stop loss and take profits in pips. The user can also choose the risk percentage per trade that he/she wants to use while opening the trade. The volume of the trade that the user wants to sent shall be calculator according to the stoploss and the risk percentage that the user has selected
Apart from psychology, another thing that makes traders successful is risk management. This utility helps the trader in risk management, order management, and monitoring the profits that are made within a certain period. The utility works on the forex market. inputs: The following are inputs that are required before an order is executed · Sl- this is the stop loss in pips. · Tip: this is the take profit in pips. ·
Openings of trades is one of the important thing in the market. The easiness of opening the order give the trader an easier way of trading especially in the high volatile market. The multiple trader opener can be used to make work easier in the forex market. The tool allows you to chose the percentage risk per trade, stop loss and the take profits in pips. The the rest is calculated automatically and the order is send to the broker server. it also allows the user to choose different kind of tps
Risk management primarily involves minimizing the potential losses without affecting the upside potential gain. The RandoFx Order Manager application is designed to help the trader achieve the minimum risk while trading. The trading panel has several buttons that allow the user to select and send orders to the broker. inputs: for the trader to be able to send orders there are various inputs that are required. The first input is the Risk%, which is the percentage of the equity of the