Trade Management Tool for MetaTrader ® 4 for Trade Monitoring and Opening Trades
Visual-TradeManager ... Professional tool for active manual traders in MetaTrader®
This tool gives you the opportunity to open and close orders or apply partial sales ... and much more, by using lines in the chart on the leading foreign exchange trading platform - MetaTrader® 4.
This MetaTrader ® tool renders trading as easy and comfortable as many traders already know it from Oanda and RBS (formerly ABN Market Index).
You can on the one hand use this tool to manage open trades by moving in the chart the levels of SL and TP as lines. Or simply apply a few lines to the chart and let the tool open and close your trade at the designated SL and TP lines.
Key features of the Visual-TradeManager:
• The tool continuously monitors the active chart and will identify any new position and manage after confirmed demand.
• Move your SL and TP in the chart by changing the lines drawn!
• Opening of new trades with the tool.
Before a trade is opened, you can enter your desired opening, the TakeProfit, and the StopLoss, by moving 3 lines on the chart. The EA will then upon reaching the starting price (whether long or short) automatically open a position and when touching the TP or SL line act fully automatic!
Enter the market by limit, stop or immediately at the next tick.
The order size may be constant, or calculated by the tool, when specifying the desired risk in percent of the current account balance + StopLoss. The tool will trade for you according to the known Fixed Fractional- Money Management method!
• You decide whether StopLoss and take profit are transmitted to the broker or monitored by the tool. It is possible to operate the tool with hidden SL and TP. The broker does then not know your SL/TP! You decide when you will drop from the market. This possibility is an excellent protection against SL-fishing ! Hidden TP and SL are always a way to improve your trading by leaving to the broker no way of acting against his own trades.
• You can enter a trailing StopLoss and Break-Even stop loss.
• Take advantage of partial sales to close your trades more profitably! A well-known trading rule is: 'Not the start is crucial, but the exit!' Up to three different take profit levels are possible. (Your broker must allow partial sales)
• You can determine whether the trade shall be closed at a given time. Before news or on holidays you might use this to automatically close all trades. Similar to the Magic-Champ II the Visual-TradeManager therefore includes a built-in timer that can be actively used by each trade.
• The EA is programmed so that it is suitable for all brokers, including ECN-brokers and STP-brokers. Regardless of the type of broker, the Visual-TradeManager is applicable without restriction.
If you are interested in this MetaTrader®4 tool but would like to know a bit more about it, we will gladly send you an extensive instruction with a very detailed description of all possibilities and variables. Furthermore this instruction contains many more pictures and examples for a better understanding.
Please use our contact form or send us an e-mail to This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
We are also gladly available for you if you have any suggestions for improvement or individual supplements.
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