This is also known as order manager indicator.
Order manager mt4. They can save you time and improve your experience managing orders in your metatrader platform. We strongly recommend using the manager the first weeks on a demo account to get confident with the grids and to find the best settings for your trading method or system. Try order manager metatrader indicator in your mt4 platform. You do not have to spend hours sitting at your computer.
Define trade helps you easily select how much you want to risk on each trade use the vertical trade bars to easily select your entry stop loss take profit breakeven partial profit up to 3 levels trailing stop loss levels. We continue in this example with the last window of the previous example pending orders where a sell limit order on gbpusd was left open at 1 4398 near a. Designed by professional traders looking for a better way to manage their trades using the metatrader platform. Fx synergy is the ultimate trade management solution for mt4.
As long as the ea run on the mt4 it will manage orders simultaneously really save your time. Order management eas are expert advisors or in short robots that help you manage your orders. Order risk management ea mt4 introduction to order risk management ea orm ea is specially designed for fast and accurate market order execution to be used with our price action and econometric trading strategies listed below. Any open order on mt4 can be modified or cancelled from within the platform including pending orders and orders linked to open positions sometimes known as position orders.
New mt4 trade manager ea method. Read our tutorial on installing indicators below if you are not sure how to add this indicator into your trading platform. Fx synergy has all the functionality you need to successfully execute and manage your trades without all the usual hassles. You can use the trade manager for any methods and systems you like.
It can manage orders pending orders money management martingale averaging and trading time trader only need to make order manually and ea will manage all the rests. Order management indicators for mt4 are useful tools to assist you with the orders. This can be very beneficial to not miss trading opportunities limit the risk maximize the profit and save you time.
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