I received some good review as well as some good questions. So I have uploaded 2 use cases on how those scenario will be traded using this EA. Ask Any questions here so that I can clarify. Will be useful for all.
One more clarification - The EA uses hidden Stop-loss and TP so it will not be visible on the open trades. You can see the lines on the TP/SL lines on the chart.
Here is how the parabolic SAR will work after the TP2 is booked; you can catch the trend with this function to trail the remaining lots ; EURUSD screenshot attached;
Recevived some request to test the Manager in live; So have updated a free limited version, you can use only with EurUsd, with 100$ ; cannot change the settings. https://www.mql5.com/en/market/product/38072#!tab=tab_p_overview
Happy to share more encouraging results this week on my live account and I can't stress how important it is to have a risk management with Easy
Trade Manager. All the trades risked with 50$, 1:1,2 & 4 booking ratio. 50%,40% & 10%
Happy to share more encouraging results this week on my live account and I can't stress how important it is to have a risk management with Easy
Trade Manager. All the trades risked with 50$, 1:1,2 & 4 booking ratio. 50%,40% & 10%
Subscribe to my Telegram Channel - "EasyTradeManager" for the alerts to be used with the Trade Manager
Happy to share more encouraging results this week on my live account and I can't stress how important it is to have a risk management with Easy
Trade Manager. All the trades risked with 50$, 1:1,2 & 4 booking ratio. 50%,40% & 10%
Wow! Nice Results... What strategy did u used? Are all the trades used 50$, then how are their lots are different ?
New version of Easy Trade Manager ( Will be New EA - New name ) coming soon - Take Trades from you mobile and let the robot manage it for you! as per your
setting!
First Recommendation I would do is to be able to change the stop loss and therefore tp's onced the position is open. I cant seem to do this by
dragging the lines.
My first tip to use the Trade Manager in the simplest form;
1.Enable The Heinken Ashi Indicator in H4 or Daily TF & MACD (7 days)
2.Wait till the indicator changes colour to red/green (current candle)
3.Enter if Heinken is Green and MACD indicating BUY (google this) | Heinken = RED | MACD = Sell
4.Stop-loss = 3 pips below the previos Heinken Ashi candle
5.Strict setting of 1:2 on the Trade Manager to book your profit at-least 50%
My live trade today with S&P Sell ; TP Setting - 1:1:2:4; Amount risked 50$;
1:1 is hit..50$ booked
Version 4.0 Updates;
Here is how the parabolic SAR will work after the TP2 is booked; you can catch the trend with this function to trail the remaining lots ; EURUSD screenshot attached;
Here is a live trade Im taking with the Trade Manager : GBPUSD |Buy
1:2:4:6 (TP1;TP2;TP3) & 50% ;30% & 20% | 50$ Risked | Will follow up the trade
Here is a live trade Im taking with the Trade Manager : GBPUSD |Buy
1:2:4:6 (TP1;TP2;TP3) & 50% ;30% & 20% | 50$ Risked | Will follow up the trade
This one exactly hit Stop loss 49$> Manager worked as planned.
Next trade taken with GU Reason "Inside Bar break up". Same 50$ risk, but this time 1:1:2:4 Ratio; 50%,30%,20%
This one exactly hit Stop loss 49$> Manager worked as planned.
Next trade taken with GU Reason "Inside Bar break up". Same 50$ risk, but this time 1:1:2:4 Ratio; 50%,30%,20%
This one exactly hit Stop loss 49$> Manager worked as planned.
Next trade taken with GU Reason "Inside Bar break up". Same 50$ risk, but this time 1:1:2:4 Ratio; 50%,30%,
Snap 1 : Trade taken - You can see TP1,2 & 3 (.98 lot as per 50$ )
Snap 2 : TP1 Booked - You can see TP2 & 3 (.49 lot adjusted - 50% booked - Breakeven moved to buy price )
Snap 3 : TP2 Booked - You can see TP3 open (.29 lot booked - 30% , .20 open for TP3 )
Snap 3 - My Journal Entry Below- These are live trades on how to use the Easy Trade Manager with Risk Management
Happy to share more encouraging results this week on my live account and I can't stress how important it is to have a risk management with Easy Trade Manager. All the trades risked with 50$, 1:1,2 & 4 booking ratio. 50%,40% & 10%
Happy to share more encouraging results this week on my live account and I can't stress how important it is to have a risk management with Easy Trade Manager. All the trades risked with 50$, 1:1,2 & 4 booking ratio. 50%,40% & 10%
Subscribe to my Telegram Channel - "EasyTradeManager" for the alerts to be used with the Trade Manager
Happy to share more encouraging results this week on my live account and I can't stress how important it is to have a risk management with Easy Trade Manager. All the trades risked with 50$, 1:1,2 & 4 booking ratio. 50%,40% & 10%
Wow! Nice Results... What strategy did u used? Are all the trades used 50$, then how are their lots are different ?
Wow! Nice Results... What strategy did u used? Are all the trades used 50$, then how are their lots are different ?
That's the whole point of using risk management. Based on your stoploss distance , pips and lot size will change when you risk 50$ correct?
Features of Easy Trade Manager now in Virtual Trader.
Setup Easy Virtual Trader > Input your Rules > You are ready to trade from mobile or another EA or anywhere....Let robot manage your Trades !
Examples of Rules for all my trades :
Suggestion 2:
If you could make a way to hide the Lines at will it will be nice.