Trade Aid MT5

  • Utilities
  • Arnold Kurapa
    Arnold Kurapa
    • Trader and Computer Programmer at  MenoraFx
    • Zimbabwe
    • 4094
    4 (5)
    Arnold Kurapa is a Zimbabwean forex trader and computer programmer. Started his trading career in 2019. He is the founder of MenoraFx Trading group. He was introduced to computer programming as an elective course at Cyprus International University in Turkish Republic of Northern Cyprus (TRNC). His
  • Version: 1.0

Right here, is the utility tool to help traders with opening, managing, and closing multiple trading positions at the same time.

This Utility tool does not work on strategy tester. To test this utility, follow the blog link below to download the demo version.

https://www.mql5.com/en/blogs/post/751097


Specifications.

1) User-friendly - No complications and any trader can find it easy to use.

                         - A simple click on a button is all it takes to perform the desired task.

2) Does not affect your chart analysis - Clean and simple.

                                                         - Presentable (uses the least space on the chart).

                                                         - The buttons are transparent (you can see all candlesticks on the buttons).

3) Faster Execution - Once you have set your SL and TP on the input parameters, You will open as many positions with the same levels.

                                  (no need to set other SL or TP levels again, this can save you time).

4) Risk Management - The maximum number of open positions is set to avoid overtrading.

                               - The lot size is calculated automatically based on the account balance.

                               (Account equity can be affected by fundamentals and reversals, the profits are not guaranteed until the position is

                                   closed and secured. Thus, calculating risk using the account balance instead of the account equity is advisable).

5) Profits Security - Automatic break-even and button-click break-even.

                            - Partial close function.

6) One-click close - Close all winning trades.

                           - Close all losing trades.

                           - Close all buy positions.

                           - Close all sell positions.

                           - Close all open positions.


Click the link below for more details about the Trade Aid Utility.

https://www.mql5.com/en/blogs/post/751097






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3.67 (3)
Magic Trend  This MT5 indicator is a Moving Average with 3 signal colors. The 3 input parameters on this Indicator give you a chance to set any Moving Average of choice. A combination of 2 different exponential moving averages, relative strength index, commodity channel index, and William's percent range provide the signals. White color = Null/No/Exit Signal Green color = Buy Signal Red color = Sell Signal Point To Note: Confirm the color change only after the current candle closes to avoid
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Menora Indicator
Arnold Kurapa
4.5 (2)
Menora (All In One) Indicator. This is the advanced and premium indicator for the Magic Trend, a free indicator.  It has 3 output signals driven by different market conditions. This indicator has a double function of working as an indicator and utility at the same time. Specifications  1]  3 output signals a) Slow Moving Average with color change - The MA has a non-repaint color change, which makes it perfect for entry signals. b) Fast Moving Average (the original Magic Trend line) - Gives a
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