I am using the trade manager on a variety of pairs in Forex but does NOT have the option for Points .... for trading SP500 NQ100, etc.... to trade FOREX and INDICIES at the same time...... is there anything we can do...??? Thanks..
Shifu987 Jingshen #: I am using the trade manager on a variety of pairs in Forex but does NOT have the option for Points .... for trading SP500 NQ100, etc.... to trade FOREX and INDICIES at the same time...... is there anything we can do...??? Thanks..
Thank you for these suggestions. We will think about them when we add a new update.
Hi Marzena, if I want to trail stop for open trades same as the Trailing Stop provided by MT5, using 45 points trailing stop, how do i set the 3 trailing stop parameters (TSStart, TSStep, TSDistance)?
Very good and simply ea for order management. But could you please give in detail how the break even function is triggered ? It may confuse others like me.
This is a free tool that you can use. We've also included a short explanation of how it works.
If you are having trouble with the language barrier, please select all of the text with the description and right-click to translate to German, I think that will help you.
Unfortunately, we do not provide support in German.
We released version 3.0 and implemented additional security measures to reduce notifications.
When you have problems with limitation of messages on your account - please use StealhMode or set bigger values of TSStep or even block TS/BE functions.
Hello thank you for your product except that it is too sensitive and I cannot find the right settings for scalping, for your part what do you recommend please or if someone would be willing to give them to me. thank you and good winnings to all.
BEActivation: determines the profit threshold, in points, at which the Break Even function will activate and adjust the stop loss to the break-even level. For example, if BEActivation is set to 20 pips, the Break Even function will activate when the trade reaches a profit of 20 points, securing the position at a risk-free level.
BELevel: specifies the precise level, in points from the entry price, to which the stop loss (SL) will be moved once the BreakEven is activated. For instance, if BELevel is setpoints, the SL will be adjusted to a position 2 points above the entry price, locking in a small profit.
TSStart: This parameter defines the distance in points from the entry point (the order's opening price) at which the Trailing Stop will be activated. For example, if you set TSStart to 20 points, your Trailing Stop will be activated when the profit on the position reaches at least 20 points.
TSistance: determines how many points from current price (Ask or Bid) the Trailing Stop adjust SL price each time the market moves in the direction favorable to the trade. If TSDistance is set to 10 points, the Trailing Stop will trail SL 10 points from the current price.
TSStep: determines how often, in points, the Trailing Stop will be adjusted in the direction of profit. For instance, if you set the TS Step to 5 points, your stop loss (SL) will only be adjusted to a new level if the price moves at least 5 points beyond the current SL.
TSendBE: if this parameter is active, the maximum level to which the SL can be moved is defined by the BELevel (SL will be blocked on this level even if the price still goes in profit).
I am using the trade manager on a variety of pairs in Forex but does NOT have the option for Points .... for trading SP500 NQ100, etc.... to trade FOREX and INDICIES at the same time...... is there anything we can do...??? Thanks..
Thank you for these suggestions. We will think about them when we add a new update.
Hi, I'm using this great manager. Could you specify the lines/color of the different type of stop/trailing/be?
thank you
so it sets a global tp and global sl ? then leaves the individual tp and sl of orders unchaged?
Hallo
Ich habe mich für den Trade Manager entschieden. Mein Problem ist ,das ich kein Englisch kann. Können sie mir behilflich sein?
Hi Enrico
This is a free tool that you can use. We've also included a short explanation of how it works.
If you are having trouble with the language barrier, please select all of the text with the description and right-click to translate to German, I think that will help you.
Unfortunately, we do not provide support in German.
Have a nice day👍📊
Have a nice day👍📊
Really good plug in, exactly what I needed. Easy to use, helpful and works perfectly!
Звезделл # : У меня тоже самое...
Hi
Information about how works the Manager:
https://www.mql5.com/en/market/product/90416
Have a nice day👍📊
Hello thank you for your product except that it is too sensitive and I cannot find the right settings for scalping, for your part what do you recommend please or if someone would be willing to give them to me. thank you and good winnings to all.
Hi
Description of functions and their operation:
BEActivation: determines the profit threshold, in points, at which the Break Even function will activate and adjust the stop loss to the break-even level. For example, if BEActivation is set to 20 pips, the Break Even function will activate when the trade reaches a profit of 20 points, securing the position at a risk-free level.
BELevel: specifies the precise level, in points from the entry price, to which the stop loss (SL) will be moved once the BreakEven is activated. For instance, if BELevel is setpoints, the SL will be adjusted to a position 2 points above the entry price, locking in a small profit.
TSStart: This parameter defines the distance in points from the entry point (the order's opening price) at which the Trailing Stop will be activated. For example, if you set TSStart to 20 points, your Trailing Stop will be activated when the profit on the position reaches at least 20 points.
TSistance: determines how many points from current price (Ask or Bid) the Trailing Stop adjust SL price each time the market moves in the direction favorable to the trade. If TSDistance is set to 10 points, the Trailing Stop will trail SL 10 points from the current price.
TSStep: determines how often, in points, the Trailing Stop will be adjusted in the direction of profit. For instance, if you set the TS Step to 5 points, your stop loss (SL) will only be adjusted to a new level if the price moves at least 5 points beyond the current SL.
TSendBE: if this parameter is active, the maximum level to which the SL can be moved is defined by the BELevel (SL will be blocked on this level even if the price still goes in profit).
Have a nice day👍📊
Hi
In new version Trailing and Breakeven functions work separately, also when no SL/TP was placed initially.
Have a nice weekend👍📊
Marzena