Fundamental Trade Manager MT5
Introduction to Fundamental Trade Manager
In Financial Market, the fundamental news and data release are the important data source used to analyze the future strength and weakness of the underlying asset. Reckoning the impact of the “fundamental news and data” on their release, one can often make both short term and long terms trading decision quite accurately. Fundamental Trade Manager was designed to maximize your efficient access toward fundamental news and data release for your day trading. Additionally Fundamental Trade Manager equipped with convenient trading execution and automatic risk control mechanism too. With these powerful combined features together, Fundamental Trade Manager can be your main workhorse for your day trading career.
Product Benefits for your trading
- Fully automatic data streaming for the Economic fundamental news and data release including GDP, inflation rate, interest rate decision, unemployment rate, non-farm pay roll, etc.
- Fully integrated trading environment for fundamental news and data on your Meta Trader platform without needing any external tools. Less confusing calibration of fundamental news and data on your charts.
- Automatic and efficient order execution for both market and pending orders with fully managed risk.
- Analytical Capability for historical fundamental news and data within Meta Trader chart allowing you to develop the hybridized strategy between fundamental and technical trading.
- Exceptionally convenient and efficient tool to schedule your day trading every day.
- Dedicated Fundamental News and data panel for easy access to the latest fundamental news and data
- Sound alert, email alert and push notification is possible before the latest fundamental news and data release
- Capability to draw and calibrate the historical news and data release on your chart for your analysis
- Independent order execution panel for efficient order management for your fundamental trading strategy
- Fully automatic risk control for both market and pending order with visual take profit and stop loss checker
- Fully automatic two click fundamental news trading setup built in within the Fundamental Trade Manager
- Smart Trail stop to maximize your profit during large economic event
- Smart network traffic control for efficient use of network resource
Indicator Setting and Input Parameters
In general default setting will work fine for most of time. If trader wants to change graphical setting for panel, lines, etc, you can do it through input setting. All the input variable are quite self-explanatory. Please read the text on the left column below the heading.
Recommended Usage for your Trading
You will need Meta Trader 5 platform installed in your computer to use this software. Attach Fundamental Trade Manager to Time Frame smaller than Daily Time Frame including M1, M5, M15, M30, H1 and H4. Applying fundamental Trader to higher time frame like D1, W1 or M1 will not draw the news and data objects on your chart but the Economic Calendar Panel and other feature will still work fine.
Expendability with Other Trading System
Fundamental Trade Manager can be your exclusive trading tool without any other supplementary tools. However it is well known fact that many seasoned traders uses both fundamental and technical analysis together for better decision making. Therefore, you can combine our Fundamental Trade Manager together with any of our other software like Harmonic Pattern Plus, Price Breakout Pattern Scanner, Harmonic Pattern Scenario Planner, Sideways Market Statistical Analyzer, etc for improving your profitability. Below is the list of software you might use together with Fundamental Trade Manager.
"Strad" button: when you click this you can set straddle (buy stop and sell stop orders) around the current market price.
"LN" button: when you click this, you can show custom take profit and stop loss buttons. When you move your custom stop loss and take profit lines in your chart, FTM will update its take profit and stop loss.
"R" button: click R button to refresh take profit and stop loss from custom take profit and stop loss lines.
Following variables are added to newer version.
Write News To Text File
News File Name
Write High Impact News Only
Write All Currency News