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MV Trade Manager

MORE THAN 2.5 YEARS WITH YOU


MV Trend Manager is a very important EA for all the traders and trade management.

. Auto stop loss and take profit: Stop loss and take profit will be added automatically after you open a position.

. Auto trailing stop: Trailing stop will be activated after X pip profit.

. Auto trailing step: Trailing step will be activated after X pip profit.

. Auto breakeven: Breakeven will be activated after X pips and set stop loss to entry point.

. Auto close positions after X% profit or Y% loss: This is very important, all of the open positions will be closed after your account balance increased to X% or decreased to Y%. For example, you set 2% profit and 1% loss and your account balance is $100 and you have 3 open positions, so if your account equity increased to $102, then all of the positions will be closed and you earned +2%, and if your account equity decreased to $99 then all of the positions will be closed and you lose -1% of your account balance.

. Trading simulator: In the strategy tester you can open position manually and create your own strategy with manual backtest


Parameters

  • Use_Auto_TakeProfit_And_StopLoss: active or inactive auto take profit and stop loss
  • TakeProfitPip: take profit (points)
  • StopLossPip: stop loss (points)
  • Use_Auto_TrailingStop: active or inactive auto trailing stop
  • TrailingStopPip: trailing stop (points)
  • Use_Auto_TrailingStep: active or inactive auto trailing step
  • TrailingStepPip: trailing step (points)
  • Use_Auto_BreakEven: active or inactive auto break even
  • BreakEvenPip: breakeven (points)
  • Use_Auto_Close_All_Percent_Target: active or inactive close all of the open positions after X% profit or Y% loss
  • CloseAfterXPercentProfit: profit target (%)
  • CloseAfterYPercentLoss: loss target (%)
  • ShowComments: Active or inactive a simple panel


Lorraine Pierce
2770
Lorraine Pierce 2017.08.07 02:27 
 

I would have given this 5 stars, except that this product caused me to lose 8 trades today and ruin my 100% win record!

Very upset about that.

Where you input your SL and TP the settings state "Pips", however you actually need to input your SL and TP in Points!

I had a TP of 5 set and a SL of 29 and the Trade Manager interpreted that as a TP of 1/2 pip and stop loss of 2.9 pips!

Hence many of my trades got stopped out today after a perfect run since beginning of July :(

Developer needs to CLEARLY indicate settings.

Other than that, it's a good tool.

Versión 1.4 2018.09.15
Add Auto trailing step
Add ShowComments for active or inactive simple panel
Fixed bugs
Versión 1.3 2018.02.13
- Fixed bugs
- Add small info panel
Versión 1.2 2017.03.10
fixed bugs
Versión 1.1 2017.02.20
Trading simulator: In the strategy tester you can open position manually and create your own strategy with manual backtest