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STP TradeManager for the STPatterns Strategy

The STP Trade Manager is a utility tailored to the ST Patterns strategy by Vladimir Poltoratskiy (www.stpatterns.com)
While specifically made for this strategy, it can also be used for other trade management. Especially when you have a need for quickly making trades and risk management.

It is a huge time saver and helps in quickly drawing the different ST Patterns corridors.
People familiar with the ST Patterns strategy will recognize and above all; appreciate the functions of this EA.

This trade manager will help you to quickly place limit or market orders, taken from the Fibo corridors as per the ST Patterns strategy.

Some features are:

  • You can put two different Fibo's on the chart and place them on the fractals. Then the EA will calculate instantly the required levels for SL, TP and BE, and on top of that; the required lot-size for the risk you have entered.
  • The Fibo will change color when your corridor is too big/small. SO instant notification. No more manual measuring if the corridor meets the requirements. (Also on HTF's like the H1)
  • You can drag the Fibo's around and the levels are instantly recalculated.
  • The EA can place limit or market orders.
  • This EA will monitor you open trades and move the SL to break-even when price hits the Turnaround/BE-trigger level.
  • With one trade open,for example; a BUY, and price reaching the BE-level and then a second corridor for a SELL develops, the EA will close the BUY order once the SELL Limit order placement is triggered.
    So one trade cancels the other.
  • The EA can auto close an open trade at a preset time before a news event.
    (Like in the strategy: 1 or 3 hrs before the news)
    For this feature you need a free news indicator in your MT4/indicator folder. That can be downloaded here: https://bit.ly/STP-indicators
  • The EA can close all trades at the end of your trading day, at the time you have set in the box on the chart.
  • Ability to manual close open or pending trades from the chart itself.
  • Measurement line tool, for quickly getting the pip/point distance between two fractals.
  • For trading on the higher TF's like the H1, the EA has the needed ADR/2 levels auto-calculated. It even shows the appropriate value for a specific day in the past.
    There is no more need for the ST Patterns ADR/2 indicator
  • Lot size can either be fixed or percentage based. The percentage risk has the advantage that even when moving the Fibo-levels around, the set risk for the order will always be the same.
  • Ability to set a custom account balance value. So that a different value then your MT4 account balance is taken as base for the risk percentage. e.g set 1% of 5000 USD, instead of using 1% of your actual balance of 10000 USD.

The YouTube video will go over the features and different settings for the EA

Look at the link below for detailed explanation of the functions and settings:
https://www.mql5.com/en/blogs/post/748768

Write the author a PM for a free, one month fully working demo. (The free demo from mql5 might only work in the strategy tester)

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This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
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Utilitaires
News Trader Pro is a unique robot that allows you to trade the news by your predefined strategy. It loads every piece of news from several popular Forex websites. You can choose any news and preset the strategy to trade it, and then News Trader Pro will trade that news by selected strategy automatically when the news comes. News release gives opportunity to have pips since the price usually has big move at that time. Now, with this tool, trading news becomes easier, more flexible and more exciti
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Sergey Malysh
5 (1)
Utilitaires
FiboPlusWave Series products Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications).    Features: without delving into the Elliott wave theory, you can immediately open one of
FTMO Sniper 4
Vyacheslav Izvarin
Utilitaires
Dedicated for FTMO and other Prop Firms Challenges 2020-2023 Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Best results on GOLD and US100  Use any Time Frame Close all deals and Auto-trading  before  US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 -------------------
News Trapper EA
Noha Mohamed Fathy Younes Badr
5 (6)
Utilitaires
News trapper EA un expert unique fait pour le trading de news Il a été développé en utilisant des années d'expérience dans le trading en direct {entièrement automatique}  très important Le programme contient des paramètres flexibles pour le trading sur les nouvelles du calendrier économique. Il ne peut pas être vérifié dans le testeur de stratégie. Uniquement du vrai travail. Dans les paramètres du terminal, vous devez ajouter le site d'actualités à la liste des URL autorisées. Cliquez sur Ou
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Hispraise Chinedum Abraham
5 (1)
Utilitaires
Click trade manager est notre meilleur produit à ce jour ! La meilleure solution pour les traders débutants et professionnels ! Protégez votre société d'accessoires FTMO/MFF ou vos comptes personnels contre le dépassement des limites de drawdown. L'EA ferme automatiquement toutes les transactions, afin qu'elles n'atteignent jamais vos limites de drawdown. Vous avertit si une transaction risque de dépasser votre limite de drawdown. Ferme automatiquement les transactions lorsque votre objec
Reward Multiplier MT4
Amir Atif
4 (2)
Utilitaires
50% off. Original price: $375 Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download Demo here  (starting lot is fixed at 0.01) Guide + tips here MT5 version   here You only open the first order. When your t
FX28 Trader
Tsvetan Tsvetanov
5 (1)
Utilitaires
Présentation du FX28 Trader Dashboard - Votre gestionnaire de transactions ultime Découvrez tout le potentiel de votre expérience de trading avec le FX28 Trader Dashboard, un gestionnaire de transactions complet et intuitif conçu pour élever votre trading Forex à de nouveaux sommets. Que vous soyez un trader expérimenté ou que vous débutiez votre parcours financier, cet outil puissant a été développé pour simplifier vos activités de trading et améliorer votre processus de prise de décision. Car
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Wave Cycle Counter
Eric Evert Ouweneel
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Wave and Cycle counter to give an immediate indication how far the ongoing trend has progressed. Low numbers: trend has just started, ride the trend. Higher numbers: trend is 'older', watch for reversals This indicator is 100% compatible with the fantastic TopDog trading strategy. (I will NOT give any details about this Top Dog strategy) The trend direction is determined by a SMA value (or any other MA) you can set. Waves and cycles numbers and letters are derived from a SlowStoch setting
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Version 1.62 2023.04.12
- Bug fixed: placing of market BUY order did not function
Version 1.61 2023.02.06
-Bug fix.
-Users on Apple/Parallels can might have problems with importing of News function. Also the auto Fib-placement could not work. Fib could be placed in the wrong location.
There is a switch in EA settings. 'If using Parallels on Apple'. Set this to true for the Fib placement workaround.
Version 1.59 2022.06.20
-- Fixed font size setting for lower resolution screens
-- Added variables to move buttons section in Y-direction and Button size factor
(Before loading the EA on the chart, set these variables first in the inputs TAB, Buttons will be drawn only on initialization)
Version 1.58 2022.06.12
-Added: the fib placement will be on the last fractals.
-Changed appearance of the fractals (download necessary indicators with the provided link)
Version 1.56 2022.05.04
-Fixed sound/alert issue
Version 1.55 2022.05.03
- Corrected the display of Fibo lines when a trade is open
- Added: set trade button to "OFF" when there is news coming up and the "Timed Close" button is activated
- Removed data from buttons when "Line" close is activated
Version 1.54 2022.04.29
-When EA is activated ("ON" button is red), the trade lines change style for better visibility
Fix: Improved the crossing logic of the Fibo Stop-level/Turnaround(BE) level
Version 1.53 2022.04.28
The EA now deactivates its trading when price has the either crossed the Fibo Stop line or the Fibo BE/Turnaround level, before hitting the Threshold line. So no orders will be activated/triggered as per the ST Patterns rules.
Version 1.52 2022.04.21
* Added buttons R0/R1. Pressing this button will place Rays on the selected Fibo. Pressing it again will remove the Rays.
* Some color changes
Version 1.51 2022.04.19
*fixed measure-line placement in the middle of the chart when clicking the T-Line button
*Improved visuals when the Fibo width is Out of Limits as per the settings