Forex Trade Manager MT4

Are you struggling to place orders effectively in a market where prices fluctuate within seconds? The Forex Trade Manager can streamline this process, making trading simpler and more efficient. When you decide to place an order, questions about the size of the order and the proportion of your account to risk often arise. Calculating the optimal trade size is crucial for successful trading.

Imagine a tool that automates all these processes. You can open a chart, analyze market conditions, and set horizontal lines for entry points, stop loss, and take profit. You can also determine your risk level as a percentage of your available capital for each trade.

Features of the Trade Manager for MT4

• Lot Size Calculator
• Risk Reward Ratio Tool
• Macro News Protection

Once you’ve set your parameters, simply press the right button on the panel to start trading.

Scalping Made Easy

For scalpers needing to open and close trades quickly, the Trade Manager panel has everything you need. Set specific order parameters and swiftly open them by pressing the ‘Buy’ or ‘Sell’ button.

Efficient Order Management

Close or delete orders directly from your Trade Manager panel. This feature allows you to shut down all trades with one click or manage them individually.

Key Features of Forex Trade Manager

Trade Entry

Place Market Order Placing trading orders has never been easier. With one click, you can:

• Adjust your % Risk per trade
• Set Stop Loss and Take Profit levels
• Place BUY and SELL orders

ADJUST TAKE PROFIT & STOP

It only takes one click to adjust Take Profit or Stop Loss of your trade.
The software always shows how much money you get if the trade hits a Profit and how much you lose if it hits the Stop Loss.
It also shows the Risk-Reward Ratio of the trade. This re-calculates automatically as you move your TP and SL.

PLACE LIMIT ORDER & ALERT

Trade Manager makes placing Limit Orders super-simple and foolproof.
First, you adjust the Trade Entry, Take Profit, and Stop Loss.
After that, you place the Limit with one click.
There is also an icon that places an Alert. Just one click and you are all set. You can move this alert easily with your mouse.

Fixed Risk

This feature does Risk Management for you!
First, set your Risk per trade. Then no matter how you adjust your Limit Order, the Risked $ amount will remain the same.
The software automatically recalculates the trade size so you always risk the same $ amount.
This is a super-simple way how to risk the same amount of money for each trade regardless the Stop Loss pip value.

TRADE MANAGEMENT

MOVE STOP LOSS TO BREAK EVEN

One click to move your Stop Loss order to Break Even.
Are you in a winning trade and want to secure it so you don’t risk anything anymore? Then simply click the BREAK EVEN button.

MOVE STOP LOSS TO REACTION POINT

One click to move your Stop Loss order to Reaction Point (turning point).
In, my trading I like securing a winning trade by moving Stop Loss to the place where the price reacted to a Support/Resistance and turned my way. This place is called the “Reaction Point”.
The Reaction Point is high or low of the reaction.

CLOSE A PART OF POSITION

Trade Manager makes closing a part of your position super-simple and fast.
Just input the amount you want to close and hit the CLOSE PARTLY button!
This feature is especially handy in situations when speed is important.

MACRO NEWS PROTECTION

SECURE LIMIT ORDERS

Protects your Limit Orders from spikes during Macro news releases.
This unique feature reads Macro news calendar and withdraws your Limit Orders just a couple of minutes before the news release.
After the Macro news release, it automatically places your Limits back again!
This way, you can set your Limit Orders, without worrying that a sudden news-related spike will take them out!