Piranha Smart Hand – Focused on Partial Closing and Strategy Testing
One of the standout and rare features of "Piranha Smart Hand" is the "partial position closing" capability. This unique function allows you to gradually close percentages of your position while keeping the remaining part active, optimizing profit and reducing risk. This flexibility provides a significant advantage in any trading strategy, whether you're scalping or trading long-term.
Why is partial closing so important?
Partial closing lets you lock in early profits without fully closing your position. This is especially beneficial in volatile markets or when your strategy involves riding the ongoing market movements. With "Piranha Smart Hand", you can gradually close 5-100% of your position whenever you feel market conditions are changing, giving you total control over your trade management.
Automatic Position Sizing – Fast and Accurate
Another strength of the program is its automatic "money management" feature, ensuring that each trade risks a predetermined percentage of your account. Based on the distance of your Stop Loss (SL), the program calculates the exact position size, ensuring that your risk remains controlled at all times. No need to do the math yourself – focus entirely on trading while "Piranha Smart Hand" handles the crucial calculations for you!
Manual Trading in the Strategy Tester – Even on Weekends!
Not only can you use the "Piranha Smart Hand" in live markets, but it also functions in the "strategy tester", allowing you to trade manually at any time – even on weekends when the markets are closed. This is a crucial feature, as it allows you to test and refine your strategies in a simulated environment, as if you were trading live. This flexibility is invaluable for traders who want to improve their trading plans over the weekend and be fully prepared for the market's reopening on Monday.
Key Features:
- Partial Position Closing: Close 5-100% of your positions to gradually lock in profits.
- Automatic Position Sizing: Automatically calculates the correct position size based on a fixed percentage of your account balance, ensuring faster and more accurate decision-making.
- Stop Loss and Take Profit Lines Management: Easily adjustable SL and TP lines directly on the chart.
- Partial Closing Buttons: Quickly and easily close specific percentages of your position.
- Risk Management by Account Percentage: Ensures the same risk percentage on every trade.
- Manual Trading in the Strategy Tester: Simulate trades anytime, even on weekends, to test and refine your strategies as if trading live.
How Can You Use Piranha Smart Hand?
- Partial Closing: Ideal for traders who want to react flexibly to market movements and maximize profits without fully closing their positions.
- Position Sizing: The program automatically calculates position size based on the distance of the Stop Loss, speeding up the trading process and avoiding costly mistakes.
- Strategy Testing: Use the strategy tester any day of the week to perfect your strategies and prepare for live trading.
Piranha Smart Hand – Button Functions
The Piranha Smart Hand features intuitive and easy-to-use buttons for fast and precise trading:
- Buy and Sell Buttons: Pressing them once will display the Stop Loss (SL) line. Move this line to your desired level and then press the Open button to open the position with the SL set at the chosen point.
- SL and TP Buttons: Pressing these buttons will display a red (SL) or green (TP) line on the chart. After positioning the line at your desired level, press the button again to place the new SL or TP order at the updated location.
- %Close Button: This button opens a list of partial close options from 5% to 100% in 5% increments. By selecting one of these, you can close that percentage of your currently open position.
These simple, fast, and precise button functions ensure you maintain full control over opening, closing, and managing your positions.
The Piranha Smart Hand is a must-have tool for any forex trader who values the flexibility of partial closing and the automation of money management while being able to test strategies anytime in a simulated live market environment.
