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CheatcodeFX Trade Manager

CheatcodeFX Trade Manager


Your profit management companion. Especially perfect when you have a VPS or a dedicated machine setup. Apply it on the pairs that you care about and walk away. I personally applied it to the 28 main pairs that I often watch on a dedicated mini pc and do the trade execution on another device. With this supporting you in the background, trade with confidence know this will help move you to breakeven and take the best out of your trade.

CheatcodeFX Trade Managers works on any symbols.

You can't test this using Strategy Tester. Go to https://www.mql5.com/en/market/product/57115 for our demo.

Main features

  • algorithmically follow market conditions
  • moves SL to breakeven with the option to close partials
  • breakeven close partial by percentage or fixed lot size
  • trails market progression maximising returns
  • trailing in progressive Fractal/MA

Knowledge Levels

Level Category  Description
1  Fundamental
  • basic knowledge
  • no prior experience
2  Novice
  • has some experience
3  Intermediate
  • ability to apply knowledge
  • able to visualise market intentions
4  Advance
  • able to generate trade ideas
  • ability to articulate trading concepts
5  Expert
  • in depth understanding
  • consistent
  • high level of competency


Assumptions of User

  • level 3 understanding of market conditions
  • level 3 understanding of market structure
  • level 2-3 understanding of supply and demand, support and resistance
  • level 3-4 understanding of proper risk management

How to use CheatcodeFX@Trade Manager

Step 1: Load It Up, Adjust your parameters

    Step 2: Select Trail Type

      Step 3: Select Close Type

      Step 4: You are done


      Tips:

      • Have your VPS or dedicated pc push notification or orders to you via what ever meets your purpose.
      • This will let you know when an order is in breakeven and/or when an order Stop Loss trailed based on market conditions.

      Parameters Explained
      fractalTimeFrame
      • Time frame used for Moving Average strategy
      • This is only active when Trail Type is set to "Fractal"
      fractalGap
      • The min amount (in points) between the fractal value and Bid/Ask before a fractal is considered a valid value
      • SL will not move if the range is smaller than the min amount of points set here
      • This is allow market to move or potential spikes before it expands again
      • This is only active when Trail Type is set to "Fractal"
      maTimeFrame
      • Time frame used for Moving Average strategy
      • This is only active when Trail Type is set to "MA"
      maGap
      • The min amount (in points) between the MAvalue and Bid/Ask before a fractal is considered a valid value
      • SL will not move if the range is smaller than the min amount of points set here
      • This is allow market to move or potential spikes before it expands again
      • This is only active when Trail Type is set to "MA"
      closePartialPoint Amount of point from order open price in the profitable direction before triggering move to breakeven
      breakevenPoint
      		 Amount of point to move the SL above/below the order open price to cover for spread or commission
      Trail Type
      • FRACTAL
      • MA
      Close Type
      • Closure type for breakeven, values here will determine the amount to close out of the market when breakeven is triggered, bagging some profits.
        1. PERCENTAGE - Percentage of the size of the total order lot
        2. LOT - Fixed lot size
      Breakeven Close Partial %
      • If Close Type is set to PERCENTAGE, this value is used
      • Determine the percentage to close out when breakeven is triggered (0.01 = 1% , 1.00 = 100%)
      Breakeven Close Partial Lot
      • If Close Type is set to LOT, this value is used
      • Determin the lot size to close out when breakeven is triggered
      Breather Point
      • This value is to provide some room for the trail, it applies to any type of trail
      • For example:
        1. if valid trail value in the BUY direction is 1.12300 and the breather point is set to 100, this will move the SL To 1.12200 to allow for the padding
        2. if valid trail value in the SELL direction is 1.12300 and the breather point is set to 100, this will move the SL To 1.12400 to allow for the padding


      Caution

      • Please allow some time to do a self assessment based on the metrics above.
      • If you fall under the assumed group of trader, great. This will supplement your day to day trading.
      • If you DO NOT fall in that group, proceed with caution. Specifically if you don't have adequate understanding about risk management, proceed with caution.
      • This tool is to maximise your profits AFTER you've planned and executed your order


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      5 (6)
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      The  Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. ESB has hundreds of modules to define unlimited possibilities of strategi
      Reward Multiplier MT4
      Amir Atif
      4 (2)
      实用工具
      50% off. Original price: $375 Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download Demo here  (starting lot is fixed at 0.01) Guide + tips here MT5 version   here You only open the first order. When your t
      FX28 Trader
      Tsvetan Tsvetanov
      5 (1)
      实用工具
      介绍FX28 Trader Dashboard – 您的终极交易管理工具 通过FX28 Trader Dashboard，解锁您交易体验的全部潜力，这是一款全面而直观的交易管理工具，旨在将您的外汇交易提升到新的水平。无论您是经验丰富的交易员还是刚刚开始您的金融之旅，这个强大的工具旨在简化您的交易活动并提高您的决策过程。 主要特点： 用户友好界面： FX28 Trader Dashboard拥有用户友好的界面，适应各个层次的交易员。通过几次点击轻松导航各种功能和工具，确保您只需轻松几下就完全掌控了交易。 实时市场数据： 利用实时市场数据源，始终保持领先地位，为您提供有关货币对、趋势和市场波动的最新信息。做出明智的决策，充满信心地执行交易。 高级交易分析： 通过高级分析深入了解您的交易绩效。跟踪交易历史，分析趋势，并识别模式，以优化您的策略和改善您的结果。 风险管理工具： 用我们强大的风险管理工具保护您的投资。轻松设置止损和获利订单，自定义仓位大小，并轻松实施风险收益比，确保自律和受控的交易方法。 多时间框架分析： FX28 Trader Dashboard允许您同时分析不同时间框架的市
      Trade Copier Agent
      Omar Alkassar
      实用工具
      Trade Copier Agent 旨在复制多个 MetaTrader(4/5) 账户/终端之间的交易。 使用此工具，您可以充当提供者（源）或接收者（目的地）。所有交易行为都将立即从提供者复制到接收者。 该工具允许您在同一台计算机上的多个 MetaTrader 终端之间复制交易，复制速度快如闪电，不到 0.5 秒。 贸易复印机代理安装和输入指南 请在开始复制之前或没有订单时在提供商帐户上应用设置！ 有订单时的任何更改都会影响收款人帐户。 例如：如果提供者账户应用买单然后禁用接收者账户上的所有买单将被关闭。 如果您想获得有关 EA 添加 URL (   http://autofxhub.com   ) MT4 终端的通知（请参阅屏幕截图）。 MT5版本 https://www.mql5.com/en/market/product/77134 以下是亮点功能： 在 MT4 和 MT5 账户之间复制。 在一个工具内切换提供者或接收者。 每个账户既可以作为Provider又可以作为Receiver，因此账户之间可以通过2种传输方式相互复制。这就像一个贸易共享网络。 一个提供者可以将
      Highway Signal Display Dashboard
      Gbenga Ayodele
      实用工具
      This Dashboard displays signals in grid view for the 28 major fx currency pairs. It is Mainly used for forex scalping in between 10 to 20 pips maximum and can be used on major trend market decisions. It Uses mainly Moving average and does not give false signal. All you need to note is the point in the grid where the signal occurs.  A beep sound is heard whenever there is a new signal and it will be displayedat the top of the chart.
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      Cheatcode FX Trade Manager Demo
      Jan Chian Lim
      实用工具
      CheatcodeFX Trade Manager Demo This will only work on Demo Accounts for you to test. Your profit management companion. Especially perfect when you have a VPS or a dedicated machine setup. Apply it on the pairs that you care about and walk away. I personally applied it to the 28 main pairs that I often watch on a dedicated mini pc and do the trade execution on another device. With this supporting you in the background, trade with confidence know this will help move you to breakeven and take the
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