I am a grid trader and do the following manually in MT4
1 Manually placing orders on a chart as specific levels to form a grid
2 Calculating the $ drawdown or profit at specific price points.
3 Add additional manual trades to the grid
4 Close out a basket of trades in % profit trailing stops
Can anybody recommend software to do this visually and on a chart? If not, I don't mind leaving my MT4 broker and have entry capital to join a larger brokerage.
Preferably, I would like it to
1 Visually drag grid entry positions onto the chart.
2 Click anywhere on the chart and be informed of would be P/L at that price position.
3 Input a desired P/L at that price position and it adjusts the basket lot sizes automatically
4 Have a visual slider that enables me to distort the scaling factor of the grid positions lot sizes, adjusting the bias towards the bottom or top of the grid.
1 Manually placing orders on a chart as specific levels to form a grid
2 Calculating the $ drawdown or profit at specific price points.
3 Add additional manual trades to the grid
4 Close out a basket of trades in % profit trailing stops
Can anybody recommend software to do this visually and on a chart? If not, I don't mind leaving my MT4 broker and have entry capital to join a larger brokerage.
Preferably, I would like it to
1 Visually drag grid entry positions onto the chart.
2 Click anywhere on the chart and be informed of would be P/L at that price position.
3 Input a desired P/L at that price position and it adjusts the basket lot sizes automatically
4 Have a visual slider that enables me to distort the scaling factor of the grid positions lot sizes, adjusting the bias towards the bottom or top of the grid.
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