Exit Manager
- Utilitaires
- Victor Christiaanse
- Version: 1.13
- Mise à jour: 8 avril 2024
- Activations: 5
This Exit Manager will manage your orders to ensure you close the orders at the right moment. After you placed an order, the Exit Manager will close the trade based on YOUR conditions. It will also be able to trail your stoploss to reduce risk.
The features of this tool enables you to Set & Forget the trade. Place the trade, and the Exit Manager will continuously keep an eye on the trade and close it when the conditions are met.
The orders will be monitored and closed based on different conditions. You can specify which conditions you want to enable, and configure the settings for each. The following conditions are available:
Close at Cross of MACD Main and Signal line
Close at Cross of two Moving Averages
Close when RSI reached the Overbought / Oversold Level
Close when Stochastic Cross happened in Overbought / Oversold Level
Close when price touched a Moving Average
Close when price crossed a Moving Average
This Exit Manager is the perfect tool for users that don't have time to keep monitoring the trades that have been placed, and still can exit and close your trades based on your strategy. The Exit Manager is a fully automated trade management tool that take care of your trades.
It detects your manually opened trades immediately and manage them automatically.
The Exit Manager is even able to detect and manage orders which are opened by an Expert Advisor. Just specify the applicable EA Magic Number, and the Exit Manager will monitor your trades and close the orders based on the conditions you have enabled.
Features
Automated detection of new orders place manually or by a EA
Instant managing of new orders place manually or by a EA
Automated trailing stops
Many conditions available to specify when to exit and close your trades
Each condition is fully configurable
Close percentage of order can be set for each condition (in %, default is 100 = close 100% of the order)
Time frame can be specified for each condition separately
Each condition can be turned on or off
Works on all trading symbols like Forex, Crypto, Indices, Commodities, etc.
Parameters:
General settings:Magic number: set to ' -1' to monitor all trades, '0' will monitor manual trades only, or enter the EA Magic Number to monitor the trades for a specific EA
Max slippage at closing
Moving Average settings:
Close with MA cross: If True, order will be closed if MA Cross occur
Fast MA Period
Slow MA Period
Time Frame for MA: Specify what time frame you want to use for the MA's
Moving Average Method for Fast MA
Moving Average Method for Slow MA
Moving Average Price for Fast MA
Moving Average Price for Slow MA
Close when price touched Fast MA: If set to True, it will close the trade when price has touched the fast MA
Close when price touched Slow MA: If set to True, it will close the trade when price has touched the slow MA
Close when price crossed Fast MA: If set to True, it will close the trade when price crossed the fast MA
Close when price crossed Slow MA: If set to True, it will close the trade when price crossed the slow MA
MACD settings:
Close with MACD Main/Signal cross: If True, order will be closed if MACD Cross occurTime Frame for MACD: Specify what time frame you want to use for the MACD indicator
MACD Fast EMA averaging period
MACD Slow EMA averaging period
MACD signal period
RSI settings:
Close with RSI: If True, order will be closed if RSI enters Overbought / Oversold levelTime Frame for RSI: Specify what time frame you want to use for the RSI indicator
RSI Indicator Period
RSI Overbought Level
RSI Oversold Level
Stochastic settings:
Close with Stochastic: If True, order will be closed if Stochastic cross happens at Overbought / Oversold levelTime Frame for Stochastic: Specify what time frame you want to use for the Stochastic indicator
Stochastic K Period
Stochastic D Period
Stochastic Slowing
Stochastic Overbought Level
Stochastic Oversold Level
Trailing settings:
Enable Trailing: If True, the orders stoploss will be trailedNumber of pips to set to trail SL: This is the trailing distance between stoploss and price in pips
Trial SL with this steps in pips: This is the trailing step that will update the stoploss for each step
Beginners focus on the "right time" to enter a trade. Advanced traders focus on the right time to exit a trade. This exit manager will take your trading to a new level. Keep in mind that there is no other EA out there that can do what this EA does. It is easy to use, but the impact is huuuuge. Thanks Victor!