Money Manager Graphic Tool shows Lot Size, Ratio, Risk and opens orders (Buy, Sell, Buy Stop, Buy Limit, Sell Stop, Sell Limit).
The steps 2,3,4 are needed to activate the button of the Money Manager Graphic Tool, the button allows you to open a trade with all the information you have selected.
extern string BuyLine="B"; //Key to Create a Buy Line extern string SellLine="S"; //Key to Create a Sell Line extern int Risk=2; //Your Percentage Risk extern double DefaultSL=30; //Default SL in Pips extern color ColorBuySell=clrGreen; //Color of the Buy or Sell line extern color ColorSL=clrRed; //Color of the SL line extern color ColorTP=clrDarkOrange; //Color of the TP line extern color ColorTextBox=clrWhite; //Color of text in the toolbox extern ENUM_LINE_STYLE LineStyle=STYLE_SOLID; //Style of Lines extern int Linewidth=2; //Choose the width of the line extern bool Account=true; //Choose Balance [true] or Equity [false] extern bool CreateTP=true; //Create a Take Profit line extern bool TransparancyBox=false; //The dialog box is transparent extern color BoxColor=clrBlack; //Background box color extern int MagicNumber=951357; //Magic Number
In the previous image, the "B" was hit and the mouse was at 0.61833. The button to Order doesn't appear because the Money_Manager_EA.mq4 is not loaded.
The Money_Manager_EA.mq4 is loaded, but "AutoTrading" is not activated.
Yes, the button is here, but the smiley at top-right corner is not happy, you need to activate "Allow live trading" in the Money_Manager_EA options.
Now you can play. Move the TP, SL or Buy/Sell line. Use the ratio button to go faster. Change the Lot Size and see how much risk you will take. Change the Risk and see how much lot you can have.
Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop will be automatically chosen. If a TP or SL information goes red, you reach your broker SL/TP limit. If the Lot Size information goes red, you reach your broker Min or Max lot.
Choose to follow price, you will open a simple Buy or Sell, the buy line will automatically move with the price, and the TP and SL will follow too.
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.