Dynamic Trades Manager
- Utilities
- Version: 1.0
- Activations: 5
you don't have to monitor your trades all the time. save yourself screen time and leave management of your trades to Dynamic Trades Manager. Dynamic Trades Manager is a trading assistant tool. it has automated capabilities to break even, take partial profits, trails stops and to set your risk to reward ratio . it does not take trades on its own but only performs the aforementioned functions when the user has already conducted their analysis and opened a trade. this would save you the time of having to wait on your trades all the time which is also stressful
BREAK EVEN
if this function is enable in the parameters, it would automatically move your SL to the Open price of the market order after a certain gain based on the a reward ratio set in the parameters
TRAIL STOPS
the EA would trail your stops to save profits in case the trend reverse. the stop distance from price is to be set in points not pips. this would enable user to use the tool across instruments of any kind, across multiple brokers and on any price quote.
PARTIAL TAKE PROFIT
Among the most important capabilities in trading is to be able to close part of your profits. this experts does just that. all you need to do is set the percentage to be closed at a certain gain relative to the take profit.
AUTOMATIC RISK TO REWARD WITH PRECISION
To use this function, enable automatic risk to reward in the input settings and set your reward ratio to any desired number. after you open a trade, set your SL. the EA would automatically set your TP based on the determined risk to reward.
