Market / MetaTrader 4 / Indicators /

Stop Loss Manager

FREE

Published: 17 February 2024

Current version: 1.0

Stop Loss Manager

Name: Stop Loss Manager
Author: Nicola Chimenti

Indicators
Nicola Chimenti
Nicola Chimenti
Aspirant Quantitative Trader at Tekno Trader

Italy

1726
4.2 (4)
- https://www.fiverr.com/users/teknonicola
I'm 21 and have been fascinated by markets since I was a child.
I began to enter the world of trading 3 and a half years ago, at the age of 17, with the advent of increasingly strong global interest in cryptocurrencies.

4 products
Version: 1.0

TIRED OF HAVING TO CALCULATE THE LOTSIZE EVERY TIME?

This indicator will do it for you, WHATEVER ASSET YOU CHOOSE in 10 seconds!!!

INSTRUCTIONS

The things to do in order to activate this indicator will take around 10 seconds once you understand how to use this indicator properly.
Here are the steps to follow:

Place the indicator on the chart of the asset you want to trade on.
Go to "Inputs".
Enter where you want to set the stop loss.
Choose risk in $.
You can also choose whether to calculate it as a percentage of the money in your account, or with a fixed amount of money (e.g. "calculate 1% risk" or "calculate $100 risk").

PLEASE, NOTE: if you choose the calculation based on %, your account currency will be considerated as US DOLLAR !!!.
Activate the lot alert using the appropriate button that will appear on the graph, and everything will appear automatically on the screen and via alert.

BONUSES

The indicator will also detect when the stake is too high compared to the leverage with which you could open your account, and, furthermore, if the lot you should open is too low compared to the minimum stake required by the broker.

If one of these two conditions occurred, an alert would be sent to the user to inform him.

What are you waiting for?!

Remove the stress of calculating the lotsize to use every time and start trading with PROFESSIONAL TOOLS that are EASY TO USE!

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Coreentrades 2024.06.03 09:00 #

User didn't leave any comment to the rating

1726

Reply from developer Nicola Chimenti 2024.06.10 22:18 #

I'm glad that this tool is helping you!
Thank you for the review, it give me a very huge satisfaction to see that my work is appreciate.
I hope this software will help you to reach your goals!!!