Market / MetaTrader 5 / Utilities /

Money and Trade Manager

45 USD

Demo downloaded: 8

Published: 22 November 2020

Current version: 1.0

Money and Trade Manager

Utilities
Tobias Michael Kerner
Tobias Michael Kerner
Student at technical University of Dresden

Germany

639
9 topics 18 comments
Version: 1.0
Activations: 5

If you want to try the Demo Version, please use this one: https://www.mql5.com/en/market/product/58262

Features:

easy positioning of stoploss and takeprofit with horizontal Assistance-lines
automatic Volume calculation
fixed risk, set by the trader
Closing of all trades of one type, with the click of one button (long or short, for this symbol)
Creation of pending orders with one click
Direct feedback through responsive buttons

Made for all your needs:

Forex
Indices
Crypto
Gold, Silver, Platinum
Working with all account-currencies

Reasons why this is the perfect Money Management Tool:

No need to calculate position size ever again
timeframe change mid use is supported -> Assistance-lines can be set more precisely in smaller/bigger timeframes
very easy to use, fool proof
You can fully focus on the actual setups
Clean, resizable interface
quick and easy resizing makes usage of multiple separate indicator windows possible
usable on multiple symbols and charts at once
thoroughly tested
Active Support

How to load the MM:

go to your MQL5 folder and put the ea into MQL5\Experts
Enable Algo-Trading in Metatrader 5 (top left corner)
Select a chart and run the ea file (in the top left corner, click on the tab "view" and enable "Navigator", search for the ea in the opened window and double-click on it, then it will automatically load in)
???
Profit

How to use the features:

Normal trades: create the red Assistance-lines (the one without "pending order" in the button text), move them where you want stoploss and take profit, then click either buy or sell
Pending Orders: create the purple pending order Assistance-lines. Move the outer ones where you want stoploss and takeprofit and the middle one where your entry price should be at. Then click the type of pending order you would like.
Close all buy positions: Click on "close buy" (this will close all buy-positions for this symbol)
Close all sell positions: Click on "close sell" (this will close all sell-positions for this symbol)

!!!Please note that this Manager does not work in the demo Version, because it is not made for the strategy tester!!!

I'm sorry for the bad screenshot quality, it is limited to 640x480 by mql5.com

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Money and Trade Manager

Tobias Michael Kerner