• Overview
  • Reviews (19)
  • Comments (352)
  • What's new

Powerplay Trade Manager

The Powerplay Trade Manager is the ideal addition for all Powerplay & FX Trend users which like to use a fully automated trade management.

The trade management is based on the built-in Powerplay calculation which is probably one of the best volatility based trend calculation engines.

The Powerplay Trade Manager detects your manually opened trades immediately and manages their stops automatically along the Powerplay trend line.

Browse completely free through all time frames without affecting your orders.

Your trades were managed based on the fixed calculation settings you set in the Trade Manager properties.

A very special and powerful feature is the detection and management of orders which are opened by an external Expert Advisor.

Set the right EA Magic Number and you are able to manage these EA orders following your personal trend trading style


Features

  • Automated detection of active orders
  • Automated set of initial stops
  • Automated trailing stops
  • Automated detection of active Expert Advisors orders
  • Automated management of active Expert Advisor orders
  • Security Stop Loss for counter trend trades
  • optional use of Breakeven Stop Loss
  • optional set of Take Profit
  • Notification options for some trade operations
  • Runs on all kinds of trading symbols like Forex, shares, commodities, bonds, etc.
  • Runs on all kinds of offline charts like Renko and range bar charts


Main Settings

  • Timeframe: Select the time frame from the drop-down list for your Powerplay trend line calculation
  • Length, Period: Select your preferred number of periods for the Powerplay trend line calculation
  • Deviation: Select your preferred deviation parameter for the Powerplay trend line calculation
  • Candle: Choose between the current open candle (0) which is recalculating until it's close and the last closed bar (1) with a final calculated Powerplay value.


Additional Settings

  • Take Profit in Pips: Set your profit target in full pips based on the orders open price.
  • Secure Stop Loss in Pips: This secure stop loss is used if you trade against the valid trend of your selected time frame (i.e. BUY order in a valid down trend or vice versa)
  • Secure Stop Notification: Receive a notification message if the secure stop loss was set
  • Use break even stop loss: enable or disable the usage of a break even stop loss
  • Set break even after x pips of profit: Define an amount of profit in full pips to execute the break even stop
  • Break even notification: Receive a notification message if the stop loss was set to break even


Expert Advisor Settings

  • Insert MagicNumber of EA: Set the MagicNumber of the external EA orders you like to get managed by the Powerplay Trade Manager
  • Disable MagicNumber selection: Enable this feature if you like to manage all trades independent from their MagicNumber

You need more professional trading tools? Visit our show room at https://www.mql5.com/en/users/blueball/seller

You are looking for trading strategies and tips? Visit our blog at https://www.mql5.com/en/users/blueball/blog

You are happy with our work? Share your experience and leave a review.

pnutfx503
1211
pnutfx503 2018.10.04 14:09 
 

GREAT

Arthit Arunroj
1670
Arthit Arunroj 2018.07.23 05:23 
 

Excellent indicator :-)

:: Myfxbook :: http://bit.ly/myFxbook

Luigi Salvatores Buigues Morillo
803
Luigi Salvatores Buigues Morillo 2018.06.22 13:36 
 

impresionante.ya compre el indicador me gusto mucho y me decidi por expert y me sorpendio del todo.Lo recomiendo . gracias Daniel Stein

475QPTa
434
475QPTa 2018.05.25 15:48 
 

As far as I am concerned, this is the greatest product from Daniel. It took time for me to find it, and I am happy I found it. It's just the tool I needed to manage my trades. Powerplay Trade Manager will limit your loss if your trade turns bad, and it will make your good trades even better by letting your profit run as long as the trend is on, keeping you from closing your trades too early. Then you don't have to be glued to the screen all day, as PPTM takes over management of your trades as soon as your order is made. I recovered the purchase price of the EA in the first trades I took soon after I purchased the robot because my profit increased many times over.

This robot like every great secret of success is hidden in the open - I have just let out a great secret of successful trading. This robot will take your trading to the next level as it did mine.

Well done Daniel.

Birdegeryarat
214
Birdegeryarat 2017.11.23 01:12 
 

Very useful.

MarcGiu64
573
MarcGiu64 2017.06.16 01:24 
 

Volle fünf Sterne !!! Vor einiger Zeit habe ich angefangen, hobbymäßig hunderte Ideen manuell zu berechnen und dann weiter zu entwickeln und habe hier im Forum nette Programmierer getroffen, die mir super weitergeholfen haben. Das machte dann soviel Spaß, darum programmiere ich auch selber mit EA Tree und dem Expert Advisor Builder und lerne täglich dazu.

Dabei öffnet mein EA bei bestimmten, strengen Kriterien einen einzigen Trade am Tag (oder mal zwei).

Mich hat allerdings immer interessiert, das Ergebnis zu verbessern und da kam mir der Powerplay-Trademanger von Daniel gerade recht, weil ich schon überlegt hatte, dass eine stufenweise Verfolgung sinnvoller ist, als die fixen Trailing-Abstände.

Durch diese intelligenten Abstufungen ist es dabei zu bislang 58 % möglich, einen Gewinntrade zu machen, der viel länger als bisher in den Gewinn läuft, anstatt vom Trailing ausgestoppt zu werden. Das finde ich echt klasse !!!

(4,2 % Zuwachs in 20 Handelstagen, vorher hatte ich so um die 1,8 %).

Gerne möchte ich mein Konto mit dem neuen Signal-Service von Daniel ein wenig "aufpeppen", mein Geld ist volles Risikokapital, was ich entbehren bzw. auch verlieren könnte, das ist ja klar, aber ich bin sehr vorsichtig und habe lieber eine kleine, überschaubare Rendite bei der ich mich wohl fühle und freue, dass die Strategie-Idee funktioniert (ist wie beim Sport ;))

Vielen Dank für den tollen Support !!!

darbagz14
79
darbagz14 2017.06.14 18:32 
 

Amazing tool! This is perfect with FX Trend. Very Highly recommended for people like me who does not have a lot of free time and can not monitor their trade well. Just got it a couple of days ago and it went very well with my FX Trend! Bravo!

myfxforex
211
myfxforex 2017.05.08 22:47 
 

No Comments just need to say if a trader is not using this EA he is a Dump

this is the best thing i ever used excellent and very happy making pips

using Fx trend + Lighthouse+ powerplay Really working Great with me

Theo
271
Theo 2017.02.27 07:23 
 

I have been using Daniel's product for a while now, not this one, but i use to manage my trade manually and spend lot of time in it. But sometime less is more, since I trust Daniel's product as he does he's best for his customer, go for it if you wanna keep your trading trend style simple, and consider to do other thing during the next few hour that anyway the trade as to run.

fishlake
166
fishlake 2017.01.10 09:18 
 

I have purchased the Full Suite of Daniels Indicators and I am over the moon with the results. Daniel's support is perfect. He responds almost immediately even on Sunday's and provides exactly the support that I needed. Unlike many developers it is clear from Daniels approach that he is a passionate trader himself which makes all the difference as he can clearly appreciate our frustrations and problems and this is clearly reflected in his professionalism and understanding

Yuan Liu
1067
Yuan Liu 2017.01.09 16:53 
 

I like this tool!

Zack van Zyl
859
Zack van Zyl 2015.04.29 21:04 
 

Excellent product. Daniel has exceptional support with all his tools and I can recommend his entire range of products to any trader regardless of their style of trading. Thanks!

Pavonine Asia
811
Pavonine Asia 2015.01.30 13:53 
 

Simple yet impressing

Just like having your personal trader who safeguard your open position, so you dont need to stay 24 hours a day just to staring at the screen

Yuko Araki
613
Yuko Araki 2014.11.23 03:48 
 

It's so easy to use and harmonized with Powerplay indicator.

It helps to maximize trading profit and to minimize trading loss.

Data Analytics Support Group
297
Ong Kah Chun 2014.10.06 23:42 
 

Auto stop loss and trailing stop helps to make trades easier without having to sit in front of my PC the whole day.

Lingxiang Zhang
466
Lingxiang Zhang 2014.10.04 13:41 
 

good!

Robert Edison
3089
Robert Edison 2014.09.26 04:58 
 

Makes it much easier to place a trade knowing that it tracks power play indicator. Now I don't have to sit at the computer all the time and let the trade play itself out.

Maurice Kunen
1198
Maurice Kunen 2014.08.15 16:23 
 

nice tool!

JOAO ANTONIO FLORES NETO
1785
JOAO ANTONIO FLORES NETO 2014.07.22 00:38 
 

A good system. It works perfectly with POWERPLAY indicator.

Version 2.6 2017.05.25
Bug fixes
Version 2.5 2017.05.17
Redesign of spread detection

Spreads are taken into account for usual trailing and break even stops

Performance optimizations
Version 2.4 2017.02.28
Performance optimization

Deactivated trade permission pop-up message

Result of trade permission check will be printed to the Experts tab
Version 2.3 2017.02.14
Bug fixes
Version 2.2 2017.01.26
Minor bug fix
Version 2.1 2017.01.16
New default parameters

Minor changes and optimizations
Version 2.0 2016.10.31
Added option to disable Magic Number selection to manage complex grid systems
Version 1.9 2016.06.08
- Minor bug fixes and improvements
Version 1.8 2015.11.13
Redesign of Trade Manager properties window
Version 1.7 2015.07.29
Added usage of breakeven stops

Set stop loss to breakeven after x pips of profit
Version 1.6 2015.03.18
Added automated spread detection on short trades
Version 1.5 2014.11.18
Reactivated MagicNumber input to manage trades of expert advisors
Version 1.4 2014.09.11
New default candle parameter.
Version 1.3 2014.09.09
- Added secure stop.
- Added warning message for open trades against the trend.
- Removed MagicNumber option for an easier usability.
Version 1.2 2014.08.12
- Use Powerplay value from last closed candle for trailing stop.
- Take Profit modification optimized.
Version 1.1 2014.06.09
Added optional Take Profit.