Forex Trade Manager V2.6

Description

Forex Trade Manager 2.6.0.364

Introducing Forex Trade Manager 2.6.0.364, a comprehensive MetaTrader 4 tool designed to elevate the trading experience for Forex enthusiasts. This powerful tool, also known as TraderAgent, acts as the ultimate assistant for manual traders, providing a range of features to enhance decision-making, streamline position management, and mitigate risks effectively.

It’s crucial to note that Forex Trade Manager 2.6.0.364 is not an automatic trading robot (EA). Instead, it serves as a companion, aiding traders in their manual trading endeavors. The tool displays essential information directly on the chart, minimizing the need to navigate through different windows. With just one click, traders can open positions, and the real magic begins when managing those positions effortlessly.

Position management becomes a breeze with TraderAgent, as users can easily adjust stop-loss (SL) and take-profit (TP) levels using a simple drag-and-drop method with a mouse or pointing device. This user-friendly approach ensures that traders can focus on making strategic decisions rather than grappling with complex interfaces.

One standout feature of TraderAgent is its ability to manage trading risk effectively. Traders can determine the maximum risk per position, and the tool automatically calculates the trade size (Lots) for each new position accordingly. This risk-based lot calculation empowers traders to maintain a disciplined approach to risk management.

The visual nature of TraderAgent makes it accessible to traders of all levels. Its graphical interface simplifies the learning curve, allowing anyone to quickly grasp its functionalities. This is particularly beneficial for day traders who need to make swift decisions in a fast-paced market environment.

Key Features of Forex Trade Manager 2.6.0.364:

1. Quick Position Management: Execute various position management tasks with a single mouse click, eliminating the need for Metatrader’s Order Window.
2. Breakeven Function: Easily pull StopLoss to the breakeven point with a single click when the market direction aligns with your planned profit area.
3. Risk-Based Lot Calculation: Specify the maximum risk per position, and TraderAgent automatically calculates the trading volume (LOT) based on your preset, promoting disciplined risk management.
4. MagicNumber: Manage positions opened by any Expert Advisor (EA) with the MagicNumber feature.
5. Daily Profit Information: Track daily, weekly, monthly, and yearly profit results in both pips and currency.
6. Dashboard Window: Display current market information, including bid/ask price, spread, daily range, multi-timeframe indicators, and more.
7. Stealth Mode: Hide stop-loss (SL) and take-profit (TP) levels from your broker.
8. Grid Support: Implement grid trading to save positions that may be going in the wrong direction.
9. Trailing Stop Function: Choose between fixed or dynamic trailing stops with options like ATR, EMA, PSAR, HighLow.
10. Quick Pending Order Placement: Place orders with hotkeys for specified distances from the current price in pips.
11. Equity Auto Close Function: Lock all positions if a pre-specified profit or loss percentage/currency is reached.
12. Screenshot Function: Document trades professionally by capturing screenshots of every opening and closing of a position.
13. Closing Positions at a Predetermined Time: Set a date for position(s) to close automatically.
14. Position Reverse: Reverse existing positions with one click.
15. Close All Function: Close all positions simultaneously with one click.
16. Trailing Stop Function: Implement trailing stops for positions.
17. Customization: Rearrange windows on the chart or hide them for a personalized trading experience.
18. Detailed Position Information: Display comprehensive information about open positions, including maximum loss, maximum gain, risk/reward ratio, current profit, and more.
19. Hedge: Open a hedge position with one click to minimize short-term losses.
20. Trend Line Opening Function: Open positions manually or automatically when trend lines are broken.
21. 3-Level Partial Close: Preconfigure partial closures based on desired market price levels.
22. Predefined StopLoss and TakeProfit Levels: Set order TakeProfit (TP) and StopLoss (SL) levels before opening a position.
23. Spread Maximization: Set a maximum spread value to prevent opening positions during unfavorable market conditions.
24. Using Channels: Utilize equal-size “Equidistant” channels for trading.
25. Lot Increasing Modes in Grid: Set up to three different lot-increasing modes for managing grid positions.
26. Remote Position Management: Modify any pending/open position remotely using MetaTrader mobile or another MetaTrader.

Forex Trade Manager 2.6.0.364 is a versatile and comprehensive tool that addresses various aspects of manual trading. Its intuitive design, coupled with a wide array of features, positions it as an indispensable companion for traders looking to enhance their trading efficiency, risk management, and overall performance in the Forex market. Whether you’re a beginner or an experienced trader, this tool offers a seamless integration into the MetaTrader 4 platform, bringing a new level of sophistication to your trading strategy.