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Multi Currency Positions Chameleon

30 USD

Demo downloaded: 33

Published: 10 May 2022

Current version: 1.14

Multi Currency Positions Chameleon

Experts
Edgar Elsner
Version: 1.14
Updated: 2 January 2023
Activations: 10

Overview:

Manages profits and losses of single or multiple open positions and/or pending orders of different Forex symbols that are applied to multiple charts of the current terminal by specifying their magic numbers and/or symbols.

MT4 version can be found here: https://www.mql5.com/en/market/product/91643

The EA only needs to be applied to one out of the Charts on the terminal. If different settings have to be set for stop loss and/or take profit to different groups of positions/orders, then the EA just have to be applied to another chart as well. An alarm function is also available for pending orders, so that at an adjustable distance to the market price, an acoustic message is given.

Profit Management:

The profit management has a breakeven function as well as a selectable trailing function. This includes four levels: Exponential, Percentage and Static as well as Disabled. For the Exponential and Percentage options, the minimum and maximum percentage can be customized.

The “Trail Start” must be set higher than or equal to the “BreakEven” value and become activated as soon as the breakeven profit is exceeded. In addition, during trailing is active, the value of "Min.Dist" sets the minimum distance to the current price, regardless of setting the maximum percentage. This is particularly helpful when low profit targets are to be expected,as they occur, for example, when scalping.

Stop Loss Management:

The stop loss management consists of a real as well as a virtual stop level. The real stop loss usually is placed further away than the virtual stop loss, so that stop-hunting by the broker will be avoided. On the other hand, in case of overrunning the virtual stop loss due to e.g. missing quote or interruption to the broker server in any case the real one stop loss still in effect to close the position(s).

Position Management:

The positions to be managed can be selected by magic numbers and/or symbols. If no magic number and no symbol are set, all positions and orders are considered. Otherwise, they are considered corresponding to the magic numbers and/or symbols written in the setup parameters.

Operation:

There is a button bar on the chart’s left bottom, so that the EA can be activated/deactivated as well as selected which operation types are currently considered. The order distance alarm can also be activated/deactivated here and the most right button allows the top panel to be displayed or hidden. The button bar automatically adjusts itself when changing the chart height to the bottom left.

Brief overview of the functions:

Trailing stop of all or selected magic numbers/positions/orders of different currencies on one terminal from only one single chart
Selective position/order management by magic numbers and symbols or combinations of symbols/magic numbers
Break even trailing stop and trailing stop exponential, percentage, static or disabled
Stop loss real and virtual independent of each other
Pending orders alert when the market price is approaching the order limits/stops
Onscreen panel for flexible adjustment of trading parameters

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Overview: Manages profits and losses of single or multiple open positions and/or pending orders of different Forex symbols that are applied to multiple charts of the current terminal by specifying their magic numbers and/or symbols. MT5 version can be found here: https://www.mql5.com/en/market/product/81444 The EA only needs to be applied to one out of the Charts on the terminal. If different settings have to be set for stop loss and/or take profit to different groups of positions/orders, then

30 USD

Easy Open and manage your orders and positions – Calculate risk and lot size – Build your expert adviser from the integrated indicators – Trail your profits in various ways Key Features: Virtual Trading Lines: free changeable in any direction to build resistance, support, channels, triangles,… Order Types: Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop, OCO, Bracket Order Virtual Profit Trailing Strategies: Static, Percent, Exponential, Scaling up, Scaling down, Fifo, Bulk, Bollinger Ch

49 USD

TRADECOPY CLIENT MT4 Over the years I developed TradeCopy MT4/MT5 for that purposes: I'm running several experts on one and/or different terminals and accounts. The trades opened by those experts, usually will not move straight away into profit zone. Very often they use to pullback more or less before end up in profit (or in loss finally...). Improvement of profits (and limit losses) by additional controlling of trades that your experts have been opened can become realized by delaying and

49 USD

This indicator was developed by me, based on my experiences during my long term daily trading. It allows to get an excellent and compact overview about the current market situation without to have to monitor multiple charts. The default settings are widely used by traders. For example on sites like forexlive.com: https://www.forexlive.com/technical-analysis Features: The Moving Average Swiss Knife-like indicator for Daytraders Allows to setup of up to seven different MAs (MA and DEMA) to use on

30 USD

Triangle patterns are chart formations that signal a possible breakout in either direction. In the case of symmetrical triangles, the probability of a breakout to the upside or downside is about 50%. For more detailed information, I recommend the numerous publications on the Internet on this subject. What is special about this indicator is that it can be integrated into your own MT5 applications, such as scripts, Expert Advisers, etc. using the implemented indicator buffer via the iCustom() func

30 USD

Symmetric Triangle Dashboard signals current triangles of up to 6 timeframes and as many symbols as can be filled in the Dashboard's chart matrix. For detailed information about how Symmetric Triangles work and to additional draw the Triangles on by Dashboard opened charts, one need to purchase the "Symmetric Triangle Chameleon" that can be found here: https://www.mql5.com/en/market/product/81345 Instead of utilization of the build-in Triangle scan algorithm you alternatively can add your custom

49 USD

Easy Open and manage your orders and positions – Calculate risk and lot size – Build your expert adviser from the integrated indicators – Trail your profits in various ways Key Features: Virtual Trading Lines: free changeable in any direction or auto-placed by ZigZag indicator to build resistance, support, channels, triangles, wedges,… Order Types: Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop, OCO, Bracket Order Virtual Profit Trailing Strategies: Static, Percent, Exponential, Scaling

49 USD

TRADECOPY CLIENT MT5 Over the years I developed TradeCopy MT4/MT5 for that purposes: I'm running several experts on one and/or different terminals and accounts. The trades opened by those experts, usually will not move straight away into profit zone. Very often they use to pullback more or less before end up in profit (or in loss finally...). Improvement of profits (and limit losses) by additional controlling of trades that your experts have been opened can become realized by delaying and/or

49 USD

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Version 1.14 2023.01.02

Minor bug fixes

Version 1.13 2022.12.31

Added: Beside selection of individual magic numbers, now individual symbols can become selected too

Version 1.12 2022.06.16

Changed alerting of Pending Orders from "MessageBox" function to "Alert" function.

Version 1.11 2022.05.13

Fixed deleting of preloaded Objects on chart on startup

Version 1.10 2022.05.11

Trailing Profit Sound on/off added