⛔ Stop-Loss Management
%Trailing: The Stop-Loss starts X% away from the entry price - and will move up every time your trade will gain X% profit.
Percentage: The Stop-Loss stays static X% away from the entry price. There is no trailing here.
Distance Pips/Points: Define the Stop Loss X pips/points away from the entry price.
TP Trailing: The stop-loss is set X% away from the entry price.
When the TP1 is hit, the stop-loss moves to the Entry price.
When the TP2 is hit, the stop-loss moves to the previous TP1 position.
When the TP3 is hit, the stop-loss moves to the previous TP2 position.
Fixed: Set the Stop-Loss at a fixed position (value should be in currency/units).
ATR Multiple: Stop Loss set X ATR away from the entry.
🎯 Take Profits Management
Manage up to 3 take profit levels defined as a percentage or price value or pips distance or ATR multiple.
📊 Risk-Reward Panel
The panel displays the risk-to-reward ratios and also the PnL (Profit and Loss in percentage value) of the current trade.
Available on all Trade Manager events (Stop-Loss hit, Take Profit 1 hit, Take Profit 2 hit, Take Profit 3 hit).
📚 Complete guide available here
More info available in our Discord forum
This product has been a great companion for me. I differently recommend it. Dave has been a great help setting it up and supporting me.
Includes alert templates for TradingConnector and ProfitView
The ATR Multiple for the stop and profits levels is awesome
I'm not a coder and I didn't know the manager works only with indicators. Dave was nice enough to convert my strategy into an indicator.
Dave developed a custom convergence system for me 1 year ago. I plugged it into that Trade Manager in less than 5 minutes. The result is useful and very elegant
8 options for Stop Loss 4 options for Take Profits Real-time analytics And compatible with systems for automated trading
The tool works with all my indicators. Really amazing
I love this indicator.
Thank you very much... and Happy New Year! :))
I subscribed also to get that masterpiece