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Position Manager

The Real "1 Click" Trading. Useful tool especially for fast trading, but not only for scalpers.


Your positions will be managed by Expert Advisor according to your settings.

  • Stop Loss and Take Profit levels will be automatically set up when you open new position manually or by other Expert Advisor in other chart
  • Stop Loss will be moved 0 on reaching the Break Even level
  • Stop Loss will be moved to preset Offset level on reaching Offset+preset distance
  • Positions will be closed upon reaching Stop Loss, Take Profit or Time Line (Expert Advisor can close all active positions or current symbol only)
  • Possible hidden levels (your broker knows only open price, closing is made by Expert Advisor)
  • Built-in indicator of active positions (visible icon in the right bottom corner)
  • Built-in indicator of rounded numbers (visible lines at price 100/1000 etc)


Input parameters:

PosMgr

  • Take Profit - number of pips used to setup Take Profit level (pips, must be higher then 0, if you don't want to use it leave 0)
  • Stop Loss - number of pips used to setup Stop Loss level (pips, must be higher then 0, if you don't want to use it leave 0)
  • Break Even - distance in pips when Stop Loss will be moved to 0 (pips, must be higher then 0, if you don't want to use it leave 0)
  • - BE Commission Offset - number of pips added to open price to compensate commission (pips, must be higher then 0, if you don't want to use it leave 0)
  • Offset - number of pips used to move Stop Loss from Break Even to profit offset (pips, must be higher then 0, if you don't want to use it leave 0)
  • - Offset Distance - distance in pips from Offset level when Stop Loss is moved to Offset level (please see picture)(pips, must be higher then 0, if you don't want to use it leave 0)
  • Hidden Levels - possibility to hide Stop Loss and Take Profit, closing at Stop Loss ,Take Profit, Breake Even or Offset is made by Expert Advisor (yes/no) * Warning: Hidden levels during high volatility may cause high slippage

CloseTime

  • Midday Close - time when positions will be closed during the day (proper format hh:mm or h:mm, if you don't want to use it leave empty)
  • Endday Close - time when positions will be closed on the end of the day (proper format hh:mm or h:mm, if you don't want to use it leave empty)
  • Friday Close - time when positions will be closed on Friday (proper format hh:mm or h:mm, if you don't want to use it leave empty)
  • - Slippage - number of pips used for slippage setting when executing "close" command (pips, must be higher then 0)
  • - Close All Symbols - possibility to close all positions at current account (yes/no, if no Expert Advisor will close current symbol only)
  • - Line Color - color used for shown time line

RN-Indicator

  • Round numbers Indicator - possibility to use indicator(yes/no)
  • - Rounded pips - rounded price in pips where line will be shown (pips 100/1000 etc)
  • - Line Color / Line Style - color and style used for shown lines

Special

  • Magic Number - number used to specify which orders will be controlled, Expert Advisor will manage only positions with specific magic number (can be used to control positions opened by other Expert Advisor from other chart, leave 0 for all)
  • Delete Arrows - possibility to clean old arrows in the chart (set number of days old, if you don't want to use it leave 0)
  • Time Zone - number of hours - difference between local time and server time (hours, proper value -23 to +23)
  • Built-in indicator of active positions (visible icon in the right bottom corner, see picture)

Please, feel free to contact me if you have any question. I have prepared pdf file with detailed instructions how to set up and use this Expert Advisor.

Good luck with your strategy, I believe this Expert Advisor will be helpful to you.

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Version 151.2 - 2015.11.06
1* Updated Round Numbers indicator
2* Fixed issue with ShowActive icon