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Cheatcode FX Trade Manager Demo

CheatcodeFX Trade Manager Demo

This will only work on Demo Accounts for you to test.

Your profit management companion. Especially perfect when you have a VPS or a dedicated machine setup. Apply it on the pairs that you care about and walk away. I personally applied it to the 28 main pairs that I often watch on a dedicated mini pc and do the trade execution on another device. With this supporting you in the background, trade with confidence know this will help move you to breakeven and take the best out of your trade.

CheatcodeFX Trade Managers works on any symbol as long as your broker does not restrict it.

This Demo version will only run on Demo accounts. If you like what you've tested, leave us a comment. You can buy the full version for live accounts here : https://www.mql5.com/en/market/product/57035

Main features

  • algorithmically follow market conditions
  • moves SL to breakeven with the option to close partials
  • breakeven close partial by percentage or fixed lot size
  • trails market progression maximising returns
  • trailing in progressive Fractal/MA

How to use CheatcodeFX@Trade Manager


Step 1: Load It Up, Adjust your parameters

    Step 2: Select Trail Type

      Step 3: Select Close Type

      Step 4: You are done


      Tips:

      • Have your VPS or dedicated pc push notification or orders to you via what ever meets your purpose.
      • This will let you know when an order is in breakeven and/or when an order Stop Loss trailed based on market conditions.

      Parameters Explained



      fractalTimeFrame
      • Time frame used for Moving Average strategy
      • This is only active when Trail Type is set to "Fractal"
      fractalGap
      • The min amount (in points) between the fractal value and Bid/Ask before a fractal is considered a valid value
      • SL will not move if the range is smaller than the min amount of points set here
      • This is allow market to move or potential spikes before it expands again
      • This is only active when Trail Type is set to "Fractal"
      maTimeFrame
      • Time frame used for Moving Average strategy
      • This is only active when Trail Type is set to "MA"
      maGap
      • The min amount (in points) between the MAvalue and Bid/Ask before a fractal is considered a valid value
      • SL will not move if the range is smaller than the min amount of points set here
      • This is allow market to move or potential spikes before it expands again
      • This is only active when Trail Type is set to "MA"
      closePartialPoint Amount of point from order open price in the profitable direction before triggering move to breakeven
      breakevenPoint
      Amount of point to move the SL above/below the order open price to cover for spread or commission
      Trail Type
      • FRACTAL
      • MA
      Close Type
      • Closure type for breakeven, values here will determine the amount to close out of the market when breakeven is triggered, bagging some profits.
        1. PERCENTAGE - Percentage of the size of the total order lot
        2. LOT - Fixed lot size
      Breakeven Close Partial %
      • If Close Type is set to PERCENTAGE, this value is used
      • Determine the percentage to close out when breakeven is triggered (0.01 = 1% , 1.00 = 100%)
      Breakeven Close Partial Lot
      • If Close Type is set to LOT, this value is used
      • Determin the lot size to close out when breakeven is triggered
      Breather Point
      • This value is to provide some room for the trail, it applies to any type of trail
      • For example:
        1. if valid trail value in the BUY direction is 1.12300 and the breather point is set to 100, this will move the SL To 1.12200 to allow for the padding
        2. if valid trail value in the SELL direction is 1.12300 and the breather point is set to 100, this will move the SL To 1.12400 to allow for the padding



      Reviews 1
      drprofittrader
      14
      drprofittrader 2020.11.09 22:43 
       

      Highly recommend trying it out. I've tested it out on demo and it's doing good so far. Will continue testing. I might just consider purchasing this.

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      The "Chart synchronization" utility (the SynchronizeCharts indicator) can help traders in simultaneous trading on multiple financial instruments, as it automatically scrolls all or selected charts of the terminal according to the position of the master chart.  Four charts are shown in the screenshot 1. The EURUSD chart is the master chart, as the SynchronizeCharts indicator is attached to it. As a result, the other three charts are displayed on the timeline starting from 2017.02.17 23:15. Any fu
      50 USD
      KopirMT4 Copy trades for MT4
      Alexandr Gavrilin
      KopirMT4 (CopierMT4) - transaction copier for the MetaTrader 4 terminal, copies (synchronizes, duplicates) transactions from any accounts (copier, copy dealers).  Supports copying: MT4 <-> MT4, MT4 -> MT5 Hedge, MT5 Hedge -> MT4 Attention  : For correct operation, at least two terminals on one PC / VPS are required. The first for the account from which it will copy (Server), and the second for the account to which it will copy (Client). Demo version  https://yadi.sk/d/UHruyCGcqa04lg MT5  h
      59 USD
      Smart Ruler
      Serhii Shevchuk
      This is a convenient tool for measuring the number of points between prices. It support magnetizing to OHLC prices. Calculates profit considering specified lot size and spread (optionally). It counts the number of bars between specified point and the time difference between them. Calculates the slope angle from the horizontal position. Unneeded parameters can be hidden. It does not occupy much space when inactive. Once you add the indicator on the chart, Ruler caption will appear (according to s
      10 USD
      Synchronized Charts mt4
      Jinsong Zhang
      The Synchronized Charts script allows comparing bars of different symbols or different periods of the same symbol. Attach the script to a chart and move bars or change the scale, all opened chart will move synchronously with the current one. The bars on different charts aligned to the border according to their open time. Please be sure the relevant history datas have been downloaded before synchronize charts. The free demo version is:  https://www.mql5.com/en/market/product/31242
      30 USD
      ST Chart Synchronization MT4
      Irek Gilmutdinov
      This utility ensures a real-time synchronization of multiple charts. Any event of a graphical object creation/modification/deletion, chart scrolling and zooming is copied from the current source chart to one or more receiving charts. Note: demo-version of this product doesn't work in the backtester! ______________________________________________________________ Settings: Synchronize with - select the receivers: Same symbol - all charts with the same symbol; Same symbol - all charts with the same
      30 USD
      VisualInfoMove
      Vitaly Muzichenko
      Automatic lot calculation per stop level: calculates the lot considering the risk. It is possible to enter a percentage of the deposit and set the line to the planned stop level. As a result, the lot for entry will be calculated. Also, the TakeProfit level will be calculated taking into account the profit/loss ratio, and their profit/loss in the deposit currency. Thus, the final result of the trade can be seen, which is an integral part of successful trading. Features The indicator displays th
      30 USD
      Position Sizer
      Sergio D. Rocha
      PositionSizer is an indicator that calculates the number of lots you have to trade if want to risk a set percentage of your account per entry. To start using it, just add it to a chart. When you want to get a position size you have to establish, just press Shift B on your keyboard to calculate a buy or Shift S to calculate a sell. Three price arrows will appear on your chart. The blue one represents the point where you want to entry the trade, the red one represents the price to place the Stop L
      12 USD
      Sniper
      Anton Zavialov
      This is an assistant Expert Advisor designed for semi-automated trading based on the trading system "Sniper" by P.Dmitriev. The EA is based on the well-known free Expert Advisor "Sniper" by D.E.Kolosov. ( http://forum.tradelikeapro.ru/index.php?topic=5852.0 ) The "Buy" button opens a Buy order (or two orders if "Safe" is used). The "Sell" button opens a Sell order (or two orders if "Safe" is used). The "CloseAll" button closes all positions. The "Acceleration" button opens a "booster" order. Sig
      10 USD
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      drprofittrader
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      drprofittrader 2020.11.09 22:43 
       

      Highly recommend trying it out. I've tested it out on demo and it's doing good so far. Will continue testing. I might just consider purchasing this.

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