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Easy Trade Manager Expert in MT4 Download - Free - MetaTrader 4 Resources

author EAcpu | 3 reads | 0 comments |

TradingFinder is a TradingFinder professional product for effective trade management and risk reduction on the MT4 platform . The tool provides a comprehensive panel to automatically set Stop Loss and Take Profit levels .

The admin panel of TradeExpert consists of the settings section , chart theme changes, and risk-reward calculation.

Easy Trade Manager Expert Specification Sheet

The following table shows the specifications and details of Easy Trade Manager Expert:

Indicator categories: Money Management MT4 Indicator Trading Assistant MT4 Indicator Risk Management MT4 Indicator
Platforms: MetaTrader 4 Indicators
Trading Skills: Elementary
Time frame: Multi Time Frame MT4 Indicators
Trading Style: Intraday MT4 Indicators Scalper MT4 Indicators Swing Trading MT4 Indicators
Trading Tools: Stock MT4 Indicator Commodity Market MT4 Indicator Stock Market MT4 Indicator Forex MT4 Indicator

E-trade housekeeper expert

The "Easy Trading Manager" expert sets Stop Loss and Take Profit levels and calculates risk-reward ratio.

By entering the required values ​​in the expert's panel , a position can be opened at the current market price, and the stop loss and take profit levels will automatically be set according to the entered values.

In addition, in the "Buy P & Sell P" mode, the possibility of creating a Pending position on the chart is provided.

Buy Position

In the Uniswap cryptocurrency chart at the 30-minute timeframe , the number of trading positions is 0.1 lots , and the risk-to-reward ratio is calculated as 2 .

Easy Trade Manager Expert draws Stop Loss level with a red dotted line and Take Profit level with a green dotted line on the chart based on the entered values.

Pressing the “B” button makes the position “ Risk-Free.” Additionally, depending on the trader’s strategy , the trader can exit the position by 50% by selecting the “P” option .

Easy Trade Expert in Buy Position
Easy Trade Manager Expert features for buying trading positions

Sell ​​Position

The 4-hour Bitcoin (BTC) chart shows how the E-Trader Expert function is in a sell position.

The volume set in the expert panel is 0.1 lots , and the risk-reward ratio is 2 . Stop Loss and Take Profit levels are plotted on the chart according to the specified values.

Expert in Sell Position
Easy Trade Manager Expert features for selling trading positions

Easy Trade Manager Expert Settings

The image below contains details related to the settings and main panel of Easy Trade Manager Expert:

Expert Settings
Easy Trading Expert Setup in MetaTrader 4

Settings

  • One Click Trading : Execute trades with one click
  • Having Take Profit : Activate Take Profit option
  • Having Stop Loss : Activate stop loss option
  • Virtual TP & SL : Set virtual take profit and stop loss
  • Partial Close : Activate the "P" option to close the position by 50%
  • Show all TP & SL : Show all take profit and stop loss levels
  • Show Boxes : colored boxes showing stop loss and take profit levels

Panel

  • Theme : Change the chart theme by clicking on the moon icon
  • Buy and Sell : Create buy and sell positions at the current price
  • Buy.p and Sell.p : Create buy and sell positions as pending
  • RR Ratio : Determine the risk-reward ratio
  • SL type : Set the stop loss calculation type, such as points, percentage or dollars
  • B All : "Risk-free" option
  • C All : Close all positions
  • C Last : Close the last position
  • Time to the next bar : Displays the remaining time before the current candle closes

Conclusion

The Trade Manager Expert Advisor is one of the trading tools in MetaTrader 4 , used for setting take profit and stop loss levels . Additionally, this tool can be used to accurately calculate the risk-reward ratio of trades in the Forex market . The "Risk to Reward" ratio can be calculated automatically or manually for each trade using this feature of Trading Assist .

Additionally, by selecting the "Virtual" option , you can create Stop Loss and Take Profit levels on the chart without connecting to a server.

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