Feature Updates v2.53:

1. Integration of Win Rate Percentage: This feature calculates the percentage of winning trades out of the total trades made. It’s a useful metric to assess the effectiveness of your trading strategy.

2. Automatic Support and Resistance Zones: The EA automatically identifies key price levels, known as support and resistance zones. These zones are crucial in trading as they often indicate potential reversal points in the market.

3. Adjustment of Take-Profit or Stop-Loss for Multiple Open Orders: This feature allows you to adjust the Take-Profit or Stop-Loss levels for multiple open orders at once. Just click the chart for the price level, and with a simple button click, the EA will adjust the levels accordingly.

4. Automatic Computation of Take-Profit and Stop-Loss Levels: The EA can automatically calculate the Take-Profit and Stop-Loss levels for all open orders. The results are displayed in dollars on the chart, making it easier for you to make informed trading decisions.

5. Computes the Maximum Lot Size: The EA calculates the maximum lot size you can trade on a selected symbol based on your account balance. This helps you manage your risk effectively by preventing overexposure in a single trade.

*Please consider rating my EA and giving 5 stars if you find this EA helpful. If you have any suggestions or questions, feel free to message me.*

These features make the MT4 EA a compact and powerful tool for fast-paced trading, helping you to make informed decisions and manage your trades effectively. Remember, while EAs can assist in trading, they do not guarantee profits. Always use them as part of a broader trading strategy.

#Your support will pave the way for additional features and updates.

Additional Features Will be Added soon!

Exploring the Upcoming Major Features of MT4 TradeWise EA Utilities Version 3.56

Note: "After testing the EA that I created, your feedback and a 5-star review would mean a lot. Your input is not only valuable for improvement but also boosts my confidence to enhance the EA further. Thank you!"

MetaTrader 4 (MT4) is a popular trading platform that allows traders to use Expert Advisors (EAs) and utilities to enhance their trading experience. The upcoming version 3.56 of MT4 EA utilities introduces several new features that aim to provide traders with more control and flexibility. Let’s delve into these exciting updates:

• Stealth Take Profit and Stop Loss: This feature allows traders to set a hidden Take Profit (TP) and Stop Loss (SL) level, which is not visible to the broker. This can be beneficial in preventing brokers from manipulating prices to hit your stop loss or take profit prematurely.

• Stealth Take Profit Trailing Upon Reaching the TP: Once the market price reaches the Take Profit level, this feature will start a trailing stop the profit starting from that point by 60%. It allows the trade to stay open and locked the predetermined profit and continue the trade to profit as long as the price is moving in a favorable direction.

• Risk Management Based on Percentage or Dollar Value: Risk management is crucial in trading. This feature allows traders to specify their risk per trade either as a percentage of their account balance or a fixed dollar amount. This ensures that traders do not risk more than they are willing to lose on a single trade.

• Max Lot Calculation based on Risk Management: This feature automatically calculates the maximum lot size for each trade based on the predefined risk parameters. It helps traders to maintain their risk exposure within acceptable levels.

• Auto Close All Open Position at BreakEven Price If the “B” button is active: When the “B” button is active, this feature will automatically close all open positions once the market price reaches the breakeven point. It helps to secure your position and prevent losses when the market price changes unexpectedly.

• Added Lock in Profits for Auto BreakEven Close: This feature locks in profits based on the EA's settings "Break-Even Lock in Profits based on PIPS" once the market price reaches the breakeven point. It not only secures your initial investment but also ensures that you make a profit, regardless of subsequent market fluctuations.