The main objective is to have a Proper Risk Management Trade.
- Works on all timeframes and currency pairs
- Quickly place a trade
- Prevents bad entries when executing a trade by limiting max spread
- Set your entry and stop loss at better price
- Set fixed risk amount/percentage per trade
- Automatically calculate position/lot size based on risk amount/percentage
- Set proper stop loss level by setting min and max pips
Refer to screenshot:
1 - Select Time Frame
2 - Long/Short
3 - Magic No. (For EA Used)
4 - Candle position
5 - Entry Price
6 - Moving Average Period entry(Select MA @ #5)
7 - Moving Average position
8 - Moving Average Method
9 - Moving Average Applied Price
10 - Risk Type(Percentage or Money)
11 - Money risking @ stop loss
12 - Percent risking @ stop loss
13 - Stop loss position, Aggressive = Last candle
Normal = Last X candle(#15)
14 - Stop Loss pips distance from High/low of Last X candle
15 - Stop Loss position of Last X Candle for Normal Stop loss
16 - Minimum Pips Stop Loss
17 - Maximum pips stop loss
18 - Fixed Stop loss value in pips
19 - Take Profit level
20 - Risk Reward ratio, refer to #19
21 - Pending order expiration
22 - Current spread should be below the max spread to execute order
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https://www.mql5.com/en/market/product/60302 - Moving Average Alert MT4
https://www.mql5.com/en/market/product/69850 - Moving Average Alert EA (Push alert to telegram channel/group)
https://www.mql5.com/en/market/product/69217 - Trading Manager EA MT4
https://www.mql5.com/en/market/product/69216 - Hedging Strategy EA MT4