Mark Norada / Profile

Published post Compact Trade Manager

TradeWise EA is designed to make trading straightforward and simple. It will remain committed to traditional methods, offering powerful and user-friendly features, making it a suitable choice for traders at any level of experience. Upcoming Features: 1. Stealth Take Profit and Stop Loss.
2. Stealth Take Profit Trailing When the TP is reached it'll lock the profit from TP and start trailing the next profit by 50%.
3. Risk Management based on the Percent or Amount of Risk.
4. Button to Activate auto close all positions when the Break-Even price is reached.

Conducting a final test to validate and conclude the implementation of the new features of TradeWise EA.

TradeWise EA Upcoming Updates Version 3.56:

1. Stealth Take Profit and Stop Loss: This feature allows traders to set a hidden Take Profit (TP) and Stop Loss (SL) level, which is not visible to the broker. This can be beneficial in preventing brokers from manipulating prices to hit your stop loss or take profit prematurely.

2. Stealth Take Profit Trailing Upon Reaching the TP: Once the market price reaches the Take Profit level, this feature will start a trailing stop the profit starting from that point by 60%. It allows the trade to stay open and locked the predetermined profit and continue the trade to profit as long as the price is moving in a favorable direction.

3. Risk Management Based on Percentage or Dollar Value: Risk management is crucial in trading. This feature allows traders to specify their risk per trade either as a percentage of their account balance or a fixed dollar amount. This ensures that traders do not risk more than they are willing to lose on a single trade.

4. Max Lot Calculation based on Risk Management: This feature automatically calculates the maximum lot size for each trade based on the predefined risk parameters. It helps traders to maintain their risk exposure within acceptable levels.

5. Auto Close All Open Position at BreakEven Price If the “B” button is active: When the “B” button is active, this feature will automatically close all open positions once the market price reaches the breakeven point. It helps to secure your position and prevent losses when the market price changes unexpectedly.

6. Added Lock in Profits for Auto BreakEven Close: This feature locks in profits based on the EA's settings "Break-Even Lock in Profits based on PIPS" once the market price reaches the breakeven point. It not only secures your initial investment but also ensures that you make a profit, regardless of subsequent market fluctuations.

Added topic Hello! Any one here have Idea about MT4 EA Profiling?

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