I love the Split lots feature. Only MAJOR thing missing is Buy and Sell LIMITs. Right now, I literally need to be in front of my desk all day to open trades.
ogbogutc #: I love the Split lots feature. Only MAJOR thing missing is Buy and Sell LIMITs. Right now, I literally need to be in front of my desk all day to open trades.
Since Version 1.10 I've added pending orders, you are now able to change the order type in the UI to either; market execution, limit or stop order.
Musawenkosi Aaron Mahlangu #: seems like the ea doesn't enforce lot size limit.
Did you enable the lot size limit in the settings? It isn't enabled and setup by default. What it basically does is prevent you from opening a lot size which is too large. It's based on position aggregation, so it doesn't matter if it's your first or you've already got multiple positions running the limit will prevent you from opening a position if the limit is reached. Some prop firms have lot size restrictions, but this is also very helpful for your trading discipline.
Musawenkosi Aaron Mahlangu #: Yes I enabled the lot size limit. I opened more trade and lot size..
What is supposed to actually do, is it supposed to close the trades or stop me from opening more..?
If enabled and the limit is set the trade manager will prevent you from opening positions larger than that maximum lot size.
For example: - lot size limit: enabled - lot size limit: 1.0
When you try to open a position through the trade manager and the calculated lot size is larger than your set max limit, the trade manager will display a pop-up with the notification that the requested position + risk appetite is too large. Your risk should be lower or your stop loss should be bigger. This also works when you've got multiple running positions, it aggregates all lot sizes from those positions and calculates if you still have room left to open another position. If not it the trade manager will prevent you from opening that position.
If you need help setting up the trade manager I'm happy to help in our Discord, it's maybe easier to have conversations over there. Discord invite -> discord.com/invite/HV8ta8asQN
If enabled and the limit is set the trade manager will prevent you from opening positions larger than that maximum lot size.
For example: - lot size limit: enabled - lot size limit: 1.0
When you try to open a position through the trade manager and the calculated lot size is larger than your set max limit, the trade manager will display a pop-up with the notification that the requested position + risk appetite is too large. Your risk should be lower or your stop loss should be bigger. This also works when you've got multiple running positions, it aggregates all lot sizes from those positions and calculates if you still have room left to open another position. If not it the trade manager will prevent you from opening that position.
If you need help setting up the trade manager I'm happy to help in our Discord, it's maybe easier to have conversations over there. Discord invite -> discord.com/invite/HV8ta8asQN
Alright, so I guess I'll have to open the trades on the trade manager not the mt5 buy/sell buttons or from my phone..is that so?
Musawenkosi Aaron Mahlangu #: Alright, so I guess I'll have to open the trades on the trade manager not the mt5 buy/sell buttons or from my phone..is that so?
Yes exactly, that’s what the trade manager is for.
Rick In T Veld #: Yes exactly, that’s what the trade manager is for.
I think if you were to make it work even when trades are not opened using the trade manager, that would be game changer. It should still be able to enforce the lot size and number of trades on the account even using mt5 buy/ sell buttons or mobile device.
Musawenkosi Aaron Mahlangu #: I think if you were to make it work even when trades are not opened using the trade manager, that would be game changer. It should still be able to enforce the lot size and number of trades on the account even using mt5 buy/ sell buttons or mobile device.
That is impossible. Because you can not interfere with the core logic of the trading terminal while using an EA. Especially not when you trade on your phone.
Rick In T Veld #: That is impossible. Because you can not interfere with the core logic of the trading terminal while using an EA. Especially not when you trade on your phone.
The PC and the phone would be connected to same account, would it still be impossible?
Musawenkosi Aaron Mahlangu #: The PC and the phone would be connected to same account, would it still be impossible?
Best thing an EA can do is close a position automatically after you open the position through the default buy/sell buttons. It can not prevent you from opening positions that way. This is possible while trading on your phone, but the same trading account should be logged in on your PC as well and that PC has to be on all the time.
My Trade Manager does not support this feature you're searching for. I personally don't see any value it either so I will not add it.
nice simple
Hi need help.telegram how to ask?
You can join the discord for free; for help, feature requests and to trade with us
Discord -> Click here
I love the Split lots feature. Only MAJOR thing missing is Buy and Sell LIMITs. Right now, I literally need to be in front of my desk all day to open trades.
Since Version 1.10 I've added pending orders, you are now able to change the order type in the UI to either; market execution, limit or stop order.
You can join the discord for free; for help, feature requests and to trade with us
Discord -> Click here
Whereabouts on your discord can we do that Rick?
Just drop me a message in the general chat
seems like the ea doesn't enforce lot size limit.
It isn't enabled and setup by default.
What it basically does is prevent you from opening a lot size which is too large.
It's based on position aggregation, so it doesn't matter if it's your first or you've already got multiple positions running the limit will prevent you from opening a position if the limit is reached.
Some prop firms have lot size restrictions, but this is also very helpful for your trading discipline.
Yes I enabled the lot size limit. I opened more trade and lot size..
If enabled and the limit is set the trade manager will prevent you from opening positions larger than that maximum lot size.
For example:
- lot size limit: enabled
- lot size limit: 1.0
When you try to open a position through the trade manager and the calculated lot size is larger than your set max limit, the trade manager will display a pop-up with the notification that the requested position + risk appetite is too large. Your risk should be lower or your stop loss should be bigger.
This also works when you've got multiple running positions, it aggregates all lot sizes from those positions and calculates if you still have room left to open another position. If not it the trade manager will prevent you from opening that position.
If you need help setting up the trade manager I'm happy to help in our Discord, it's maybe easier to have conversations over there.
Discord invite -> discord.com/invite/HV8ta8asQN
If enabled and the limit is set the trade manager will prevent you from opening positions larger than that maximum lot size.
For example:
- lot size limit: enabled
- lot size limit: 1.0
When you try to open a position through the trade manager and the calculated lot size is larger than your set max limit, the trade manager will display a pop-up with the notification that the requested position + risk appetite is too large. Your risk should be lower or your stop loss should be bigger.
This also works when you've got multiple running positions, it aggregates all lot sizes from those positions and calculates if you still have room left to open another position. If not it the trade manager will prevent you from opening that position.
If you need help setting up the trade manager I'm happy to help in our Discord, it's maybe easier to have conversations over there.
Discord invite -> discord.com/invite/HV8ta8asQN
Alright, so I guess I'll have to open the trades on the trade manager not the mt5 buy/sell buttons or from my phone..is that so?
Yes exactly, that’s what the trade manager is for.
I think if you were to make it work even when trades are not opened using the trade manager, that would be game changer. It should still be able to enforce the lot size and number of trades on the account even using mt5 buy/ sell buttons or mobile device.
Especially not when you trade on your phone.
That is impossible. Because you can not interfere with the core logic of the trading terminal while using an EA.
Especially not when you trade on your phone.
The PC and the phone would be connected to same account, would it still be impossible?
It can not prevent you from opening positions that way.
This is possible while trading on your phone, but the same trading account should be logged in on your PC as well and that PC has to be on all the time.
My Trade Manager does not support this feature you're searching for. I personally don't see any value it either so I will not add it.