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Order Management EA

5

Order Management EA (OME). The software will manage your trades based on 2 options: Magic Number or Order Comment. Both the Trades from the other EA or from Manual Trading. Drawing Stop Loss/Take Profit, Close All the positions, manages Multiple Orders, determining grid range and entry signals automatically.  Sending Martingale Orders, if necessary, that can be turn off/on. Including 2 options lot calculation: Multiplication or Addition.  You install OME in your account, you place order, and it will manage the rest. Save your time, increase your profits.

About OME (Version 1.7)

  • OME is a tool to help trader, not fully automatic trading EA. A position active in the current symbol is required. It can be from Manual trading or from the other EA. Although the feature to place the first order is available, it is for Tester or Demo Account for simulation purpose only, not recommended for Real Account. Because the signal is from the stochastic only, it may provide low accuracy and cause a higher risk for Real Account. You can place order manually or use another EA in Real account and let OME to manage it.
  • OME in particular will only scan and manage trades with the following specifications: current symbol and magic number if selected Scan Base is Magic Number or Order Comment if selected Scan Base is Order Comment. Trades outside of that will be ignored. A New installation of associated symbols is required. 
  • If a position with the specifications above is found, then it will start to manage it. Drawing Stop Loss/ Take Profit, Martingale Orders with auto Lot calculation, grid range in pips and entry signal, Auto Close and more.
  • Available feature to use the same StopLoss or Take Profit to all positions in the same specifications.
  • Martingale Order is based on 2 variables: Minimum range in pips and Stoch Signal. And option to follow signal: true/false. Buy Stoch Signal occurs when Stochastic exits the OverSold area and Sell Stoch Signal occurs when Stochastic exits the Overbought area. The Stoch signal is useful to avoid blindly opening positions that only rely on the grid range. Please note that the Stoch Signal works on the current timeframe. The higher Timeframe will be the longer time to find the signal and vice versa. 


PARAMETERS

  1.  Start Trading Hour – Stop Trading Hour: the time range for the EA to work. Outside of the time, EA will stop to make new Martingale Orders in case Martingale is true.
  2. Trade Scan Base: The option to select the scanning base. There are 2 options: Order Comment or Magic Number. 
  3. Magic Number: if Trade Scan Base is Magic Number, then define the Magic Number value here. Magic Number for manual order is 0.
  4. Order Comment:  if Trade Scan Base is Order Comment, then define the String value here.
  5. Take Profit – Stop Loss: The value in Pips for Stop Loss and Take Profit.
  6. Close All in Profit: The option true/false to close all Buy & Sell positions if the minimum value is reached.
  7. Profits to CLose All (Money): In case Close All in Profit is true then define the minimum value of money here where the EA will close all positions.
  8. Close All Buy in Profit:  The option true/false to close all Buy positions if the minimum value is reached.
  9. Profits Buy to CLose All (Money):  In case Close All Buy in Profit is true then define the minimum value of money here where the EA will close all Buy positions.
  10. Close All Sell in Profit:  The option true/false to close all Sell positions if the minimum value is reached.
  11. Profits Sell to CLose All (Money):  In case Close All Sell in Profit is true then define the minimum value of money here where the EA will close all Sell positions.
  12.  Martingale: The option true/false. If true, EA will open new order with the same direction when existing position is floating loss and reaches the minimum range in pips and Stoch signal occurs. Otherwise select false to deactivate Martingale.
  13. Martingale Method: If Martingale is true. Select the option here. This is a lot size calculation method. Lot Multiplier is the multiply of the latest active lot size and Lot Addition is the addition of the latest active lot size. Example: If Martingale Method is Lot Addition and the latest active lot size: 0.5 
  14. Multiplier: Define the value here if Martingale Method is Multiplier.  Example: If latest active lot size: 0.5 and the value here is 2 then EA will place order with loth size 0.5 x 2 = 1.0
  15. Addition:  Define the value here if Martingale Method is Addition.  Example: If latest active lot size: 0.5 and the value here is 2 then EA will place order with loth size 0.5 + 2 = 2.5
  16. Minimum Range (Pips): The minimum grid range in pips between the position in the same direction.
  17. Use Prev. TakeProfit: Option true/false to use the previous Take Profit. If true, the EA will draw the same Take Profit instead of using the value of Take Profit input above. Otherwise, false and EA will use Take Profit value as defined in the Take Profit value above if the input value > 0.
  18. Use Prev. StopLoss: Option true/false to use the previous Stop Loss. If true, the EA will draw the same Stop Loss instead of using the value of Stop Loss input above. Otherwise, false and EA will use Stop Loss value as defined in the StopLoss value above if the input value > 0.
  19. Follow Signal: The option to follow signal for martingale orders. If true, the EA will open Martingale orders when the price is on the grid range and Stoch Signal occurs. If false, the EA will open the Martingale orders when the price is on the grid range without following Stoch Signal. 
  20.  Limit Margin Level Pending Orders: This is the minimum value of Margin Level. If value is reached, EA will close all existing pending orders.
  21.  Limit Margin Level Martingale:  This is the minimum value of Margin Level.  If value is reached, EA will stop to make new martingale order.
  22. Close Marti Orders if the First Order Closed. The option true/false to close the Martingale Orders if the first Order closed.
  23.  Maximum Total Positions (BUY & SELL): The Maximum Total positions both Buy and Sell. If the value is reached, the EA will not place new orders.
  24. Slippage: The difference between the expected price of a trade and the price at which the trade is executed. 
  25. Stochastic parameter is to provide martingale order signals. This is same with regular stochastic.
  26. Show Texts on the chart: The option true/false to show texts on the chart. The information about the current trades.
  27. Trade Simulation: The option true/false to activate the first order for simulation purpose. You can use this feature on Strategy Tester or Demo account to see how the EA works and manages the trades. Be careful, it could be activated on Real account but not recommended.
  28. Buy Trade: Option true/false to place the first Buy order. Only if Trade Simulation: true.
  29. Sell Trade: Option true/false to place the first Sell order. Only if Trade Simulation: true.
  30. Lot Size: The Lot Size of the first Order.  Only if Trade Simulation: true.

Recommended to install the EA on the VPS.

If you need more details related to the use of this EA, please don't hesitate to contact me.





Reviews 1
pcarrero
171
pcarrero 2023.08.21 21:06 
 

This dev is incredible. The EA was nearly perfect for what I was looking for. I reached out to the dev to ask about a few features. He replied to me within a few minutes and told me he could add them. A few short days later they were added and are working great! Wonderful EA and amazing dev.

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Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Auto Trade Copier
Vu Trung Kien
4.85 (88)
Auto Trade Copier is designed to copy trades between multiple MT4/MT5 accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from the provider to the receiver with no delay. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5. Reference: For MT4 receiver, please download "Trade Receiver F
Notify To Telegram MT4 Expert Advisor will send notifications via Telegram when orders are opened/modified/closed on your MetaTrader 4 account.  Send message to person, channel or group chat.  Easy to customize message.  Support custom message for all languages. Support full Emoji.  Parameters: Telegram Bot Token - create bot on Telegram and get token. Telegram Chat ID  - input your Telegram user ID, group / channel ID Magic number filter - default all, or input magic number to notify with co
The most friendly Copier interactive interface, the most abundant easy-to-use functions, and the best Copy solution.     EASY   : Easy to use, load and select the Master or SLAVE to use easily FAST:   Quickly copy orders, algorithmic optimal follow-up mechanism, priority calculation of new signals, priority queue processing received special signals Multiple:   1. Support multiple signals to be sent at the same time, multiple accounts can select multiple accounts to copy at the same time 2. Mul
Trade Copier Pro
Vu Trung Kien
4.6 (15)
Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
Virtual KillerTrade
Antonis Michos
5 (13)
Telegram Group: Find the link in my profile or contact me Welcome. Virtual Killer Trade is an exceptional EA which : Guides you WHEN to open the FIRST trade. After that an intelligent system starts to manage that trade and you do not have to worry when to close it neither when you must open a second or third etc one !!! Attach the EA, wait for the signal,open the trade and then go to sleep !!! FOR more experienced traders,you do not have to wait for a signal.Open the first tra
Smart Keys Sniper Entry
Stephen Sanjeeve Sahayam
This 2 in 1 trade manager is ideal for trading candle breakouts. It can cost average a trade by placing additional limit orders on pullbacks. This ensures you get the best price on all your positions and a higher RR on your wins. Risk is calculated by the most recently closed candle height. The trade assistant buttons help manage all manually placed orders. Use it with any entry method; price action or indicators and for any trading style; scalping, intraday or swing trading. Features: Trade ca
News Trade EA MT4
Konstantin Kulikov
4.38 (16)
Present to you the useful robot that I have been using for several years. It can be used in both semi-automatic mode and fully automatic mode. The program contains flexible settings for trading on the news of the economic calendar. It cannot be checked in the strategy tester. Only real work. In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools > Options > Expert Advisors. Check the option "Allow WebRequests for listed URL:". Add this (delete the spa
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Provides instant signals on the chart in panel form. Equipped with signal description and trading analysis tools such as drawing auto trendlines, support/resistance area, regression channel, Fibonacci levels, Pivot levels and current signal price, signal time, signal expiry and stoploss recommendation. Also sending alert messages to all available mt4 alert tool. A detailed description panel provides information about where the signal comes from and what indicators are behind the signal. Includin
Pivot SR
Wartono
5 (1)
It identifies the pivot, support, and resistance price levels of the selected timeframe and then draws lines onto the chart. FEATURES: Option to specify the Timeframe Period in the PivotSR calculation. Option to display the PivotSR of the last candle, of every candle, or of the current candle. Options for displaying labels, line thickness, and line color. PivotSR can be interpreted as reversal levels or past price reactions that can be used as the basis for current price analysis. Some traders b
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It works based on the Stochastic Indicator algorithm. Very useful for trading with high-low or OverSold/Overbought swing strategies. StochSignal will show a buy arrow if the two lines have crossed in the OverSold area and sell arrows if the two lines have crossed in the Overbought area. You can put the Stochastic Indicator on the chart with the same parameters as this StochSignal Indicator to understand more clearly how it works. This indicator is equipped with the following parameters: Inputs d
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PullbackMatrix provides the key information of the trading transactions when it finds the right market moment based on its built-in logic algorithm. The high accuracy signals including Trading Symbol, Entry Price, Entry Time, TakeProfit, Stoploss, and more. And that's all will be available instantly in your chart panel, drawing the position lines and also sending signal notification to email, mobile phone, and screen popup. More important is that also saves signals into a .csv file which is usef
It is a custom non-repaint indicator to identify trade opportunities in swing action as prices move within an upper and lower band. Inspired by the Keltner Channel, the most popular channel Indicator introduced by Chester Keltner. It is different with a Bollinger Bands. It represents volatility using the high and low prices, while Bollinger's studies rely on the standard deviation. The algorithm for this indicator is also available in the EntryMaximator EA. Including the option to use it or not.
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All in one Indicator. Multiple market analysis tools. Non-Repaint Oscillator signals, Trend lines, Price channel, Fibonacci levels, Support and Resistance, Regression, Pivot levels, Candle Strength and Oversold/Overbought line detector. Includes buttons to hide or show. Advanced algorithms to detect important reversal points and draw trend lines or shapes automatically in appropriate areas. A simple and professional chart display, user friendly and easier to understand for faster and accurately
GOLDEN RETRACEMENT POWER indicator draws fibonacci levels automatically. Defines the golden entry buy/sell area, support and resistant lines , signals arrows and strength 'Power Bars Level' based on price action . Some indicators also work behind the chart: Stochastic,RSI,MFI,DeMarker and WPR . Fibonacci retracements are a popular form of technical analysis used by traders in order to predict future potential prices in the financial markets. If used correctly, Fibonacci retracements and ratios c
This is the countdown of the last candle Indicator. How much time remains in the current candle of your chart CTime display exactly how many hours, minutes and seconds remain before the current candle closes, and a new one opens. This allows you to be on the ball as soon as the next candle appears It could be useful for a trader who trades with candles as the main attention Available option to change the text color to suit the chart background. This Indicator is related to the system here .
FREE
It is based on Multiple EMA indicators. The idea is that how to display multiple Exponential Moving Averages on the chart easily without placing them one by one. It has also BLUE-RED trend lips to define UPTREND and DOWNTREND whichas BLUE is UPTREND and RED is DOWNTREND.You can change the colors by going to Indicator properties --- colors. There are 2 external setting. They are Period and Shift. When you change them (period and or shift ) then all will automatically adjust. For any currency pair
Range Multi Alligators provides Range Channel High Low Information and the market trend indicated by the blue-red Histogram in the middle of range channel. The range channel lines is useful to define stoploss and take profit. This is trend follower indicator based on the Multi Alligators. Attach it on the chart and change one or all setting then all lines will move synchronously with the current one. Parameters Period : the number of bars used for the indicator calculations. Default: 120 used
Stochastic Candles Indicator   It will convert the stochastic indicator from separate window to the chart window by drawing oversold-overbought coloring candles. Red is overbought and blue is oversold by default.And you can change the color later on the external indicator setting.This is Multi timeframe  indicator that means it can show appearance result from another timeframe.E.g: If you set timeframe H1 then it will draw candles from Timeframe H1 whatever timeframe you attach on. It will be us
Autobot Retracement Code (ARC) A robot trading that works based on retracement strategy while following the market trend.It has  made average profits up to 25% /month that is relatively a High Return of Investment.Real Account proof. Fully automation. Auto Lot sizing, Auto TakeProfit Calculation, Auto StopLoss Calculation. Currently Running on Real account , it has more than 100% growth / 5 months. NEW UPDATE RELEASED, VERSION 3.0  FEATURES on Version 3: FIFO rules Auto LotSize Auto StopLoss
Strategy – Bollinger Band, Moving Average and Price Actions. Bollinger Bands to identify High-Low Price, Moving Average to identify Trend and Price Action is to synchronize both of them.  SardaFx 4.1 has average holding time 24 hours (1 day) on timeframe H1. It is not a Martingale EA or Averaging EA. The work is simple, BUY and Exit or SELL and Exit. No recurring BUY and or SELL in the same time and the same symbol except you adjust Max BUY/SELL  more than 1,default setting is 1 BUY and 1 SELL.
Some informations on the chart with the single attachment. RangeBorder Buy Sell (RBBS) Non Repaint Indicator will provide trend line, buy sell arrows,reversal arrows, range channel, order exit area,high average price line and low average price line.All arrows and lines don't repaint and not lagging. Once candle closed it won't  repaint. Reading Indicator: 1. Small Stars , Indicates oversold and overbought with certain logic and price may reverse when this small star triggers. Useful to identif
Oversold and Overbought Candles, Trendlines, and BUY-SELL arrows in the single Indicator. Built from 8 default MT4 Indicators. Stochastic,RSI,SAR,CCI,RVI,DeMarker,WPR and MA. It is " NON REPAINT " indicator. All buffers do not repaint.  Double Trendline buffers that can also be used to identify sideway market and support resistance area.  Any timeframes and any currency pairs. Parameters: Show Trend . TRUE/FALSE to show trendlines on the chart Follow Trend. If TRUE , Dapitrend will show on
TrendWavePattern  an another way to trade with a harmonic pattern, a maestro classic pattern . I made some improvements and combinations with my own strategy. Trend direction, buy-sell signal ,hi-low area and pivot line. These will be helpful for trader to read the current market condition. So it is not blindly following the pattern itself but also following other informations from the market. Readable chart appearance . Designed to be user friendly even you are a new trader. BUY-SELL zone, Ta
This is MT4 version of StochScanner It scans Stochastic from Multi Symbols and Multi Timeframes and displayed on the dashboard on a single chart. . 4 scanning modes: 1. Mode OverBought/OverSold Indicator scans Overbought and OverSold . OverBought : current stochastic is above level 80 and OverSold : current stochastic is below level 20 2. Mode Signal It means if the previous stochastic is on OverBought or OverSold ( either Main Line and Signal Line ) and the current Main Line cross over the curr
It is an expert advisor that scans the last patterns on defined symbols and timeframes . Multi Symbols /pairs , Multi timeframes .  There are 2 ways to specify symbols : Automatically scan all symbols available on the market watch (true/false) Type any symbols ,separated by comma.   There are also 2 ways to specify timeframes : Automatically scan all timeframes available on mt4 (true/false) Type any timeframes,separated by comma.   Unlimited symbols available in an account and unlimited timefr
Lemurian Trader is a multi symbols  EA/robot. User can input symbols in the external parameter separated by comma. Only need to place on the single chart, no need to open multiple chart,no limited symbols as long the symbol is available on the market watch. Sweeping signals from timeframe M15 to H4 on each symbol to find the best high/low price while it also keeps to follow the trend. Lower TF M15 as a signal and higher(M30,H1,H4) to indentify trend and high low. It means whatever timeframe we p
RSI Scanner Plus Indicator scans RSI values in multiple symbols and timeframes. Plus trend line buffer on the chart.  Features: -Trend Line :  We add trend line on the chart in the hope it help you to see current trend on the chart while following oversold and overbought  from RSI. This is additional feature in the indicator. We consider that following the trend is very important in trading. -Changeable Panel Display :  Change the value of Max.Symbols/Panel and  the indicator will adjust the d
TrendScanner XTra scans market trends from Multi Symbols and Multi Timeframes with extra additional Entry Point Signals arrow on the current chart. Features: -Entry Point SIgnals :  This is additional feature in the indicator. No repaint arrows. The Trading system in the single indicator. MTF Trend informations and Entry Signals. In order to make it easier for trader to get trading moments from a single chart and  deciding entry time.  -Changeable Panel Display :  Change the value of Max.Symbo
Non-repaint indicator    to identify trade opportunities in swing action as prices move within an upper and lower band. Inspired by the Keltner Channel, the most popular channel Indicator introduced by Chester Keltner. It is different with a Bollinger Bands. It represents volatility using the high and low prices, while Bollinger's studies rely on the standard deviation. Customized by adding the trends exactly in the middle line, arrows when price cross over the outer lines and Fibonacci Levels L
A professional trading indicator with double-entry options. Valuable Smooth Channel Lines on the separated window, Trend Lines both on the main window, and separated window and entry arrows. Good for trading scalping in the lower timeframes. Even also it can work and provide signals in the higher timeframes for longer-term trading periods.  INDICATOR SETTINGS: 1.  Signal Mode. There are 2 options: Default and Compact. If Default, it will provide 3 different arrow codes on the main window. This o
Provides Regression Channel on the current chart. Combined by Trend of Moving Averages and Multi timeframes Oscillator Indicators: CCI, RSI, Stochastic, and MACD with specific working logic . It could make us easier to identify swing high-low as an entry point, the retracement area while following the current trend. Consists of 2 types of signal, main and secondary. The main signal will draw very clearly triangle and lines on the chart with the word " BUY" or 'SELL'. and the secondary is the sta
It could help to calculate Risk-Reward easily before placing a BUY-SELL position. TradeSizeCalculator is a Multi-Tasking Calculator. It will calculate the others when we define the value in one of the columns. Stoploss, risk percentage, risk-money, lot size, take-profit , reward-money, and reward-ratio. Depending on which value is changed. All values in the columns are editable. Also, we can get those calculation results by drag-drop the stop-loss/take-profit line. Parameter: The inputs below ar
MACD Scanner provides the multi symbols and multi-timeframes of MACD signals. It is useful for trader to find the trading idea quickly and easily. User-friendly, visually clean, colorful, and readable. Dynamic dashboard display that can be adjusted thru the external input settings. Total Timeframes and Total symbols as well as the desired total rows/panel, so it can maximize the efficiency of using the chart space. The Highlight Stars on the certain matrix boxes line based on the selected Scan M
It has 3 capabilities at once and can be adjusted according to needs. Full Auto, Semi-Auto, or Warning Signals only. You can choose it by setting the parameters provided. Built to help Traders work much easier than doing it manually. Sharpen the accuracy of market analysis performed by a Trader by only executing in certain price areas and adjustable signal parameters. Features Ability to manage trading management, including automatically determining stop loss/take profit, calculating lot size ba
GU Spot is a One Shot One Kill EA. A  Scalping EA   for GBPUSD .   No Martingale, No Averaging, No Grid or other high-risk strategies.  Working with up to the best 100 trading signals algorithm from various Trading Systems. The combination of Price Action, High Low, Trend, Range Levels, Pullback /  Retracement and Reversal. This is Fully Automatic Trading Robot . High Accuracy Entry Signals and protected by a proper Money Management. A tight Stop Loss with SL:TP ratio 1:3 by default, Trailing an
SignalPinner is a trend line Indicator which can detect market trends early by including three types of signal arrows. Non repaint and trend following. Signals on the strong trend, signals in the beginning of trend and signals with multiple market analysis algorithm as the main signals. Supported by alert notification message to keep you getting signals while on the go. Symbols: Any Timeframes: Any Features Histogram buffers as a sign the trend is started. It can help the trader knowing the ma
Scanning   Multi Symbols Scalping Signals based on 3 kinds of Market Analysis methods. Trend, Signal, and Reversator. And each method consists of its own multi timeframes algorithm functions. Summarized to become clear signals direction BUY/SELL, including the signals strength scoring and sending message to all available alert tools. Displayed on a User Friendly and customizable Dashboard. Size, colors, coordinates, highlight, hidden/show and more. Base Timeframe: M15. And M5 to Daily to confirm
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pcarrero
171
pcarrero 2023.08.21 21:06 
 

This dev is incredible. The EA was nearly perfect for what I was looking for. I reached out to the dev to ask about a few features. He replied to me within a few minutes and told me he could add them. A few short days later they were added and are working great! Wonderful EA and amazing dev.

Wartono
11674
Reply from developer Wartono 2023.08.21 21:20
Thank you, pcarrero
Hope you get profits with this tool.
Happy Trading
Reply to review
Version 2.1 2023.09.06
Adding new Comment ID
Version 2.0 2023.09.06
A revision to fix the problem related to close Marti when First Order closed.
Version 1.9 2023.09.01
Fixed Exit Marti Orders caused by the first order closed.
Version 1.8 2023.08.31
Adding feature to close Marti orders if the first order closed
Version 1.7 2023.08.22
Fixed the text info for prev. update 1.6
Version 1.6 2023.08.22
Fixed the problem for martingale when Margin Level = 0 and total position > 0
Version 1.5 2023.08.22
Update text info on the chart
Version 1.4 2023.08.21
Adding the option true/false to follow signal for martingale orders.
Version 1.3 2023.08.19
1. New feture to follow the previous SL/TP as a replacement deleting the feature to hide SL/TP
2. Adding alerts
3. Close All Buy in Profit, Close All Sell in Profit
4. Adding Trade Scan Base: Magic Number or Order Comment
5. Adding Martingale Method, the lot calculation for Martingale orders: Lot Multiplier or Lot Addition
6. Feature to hide the texts on the chart.
7. Upgrade the codes to adapt to the latest MT4 version
Version 1.2 2023.01.26
Update the error descriptions on the chart.