Today we are announcing a tool that allows you to focus on trading your strategy, while automatically keeping you in line with your Risk Management plan. Do you calculate how many units you should order before entering a trade? Good traders keep their maximum loss per trader within 1-3 percent of their account balance.
This tool lets you point to your stop level on the screen and with a right-click enter a market order in the proper direction, but not before it calculates the order quantity, and fills in the Trade Window amounts for up to five target levels. Limit and Stop orders are also available after specifying entry levels.
The targets use Move to Break Even Stops with optional offsets based on the target amount, and the final target acts as a runner with the Kiwi Trailing stop.
Targets can be Limit, Market if Touched, or Market if Touched - Client order types. Stops can be normal Stops or Stop with Bid/Ask Triggering, and Stop with Last Triggering.
Very little data entry is required, and once set up, no keyboard interaction is needed.
Order Position Size is determined based on the following:
Included is Broker data for LMAX (Symbol, Leverage, and Maximum amount per trade). Automated account balance info is available when supported by your broker.
Control Bar Buttons can be used to manually override Order Quantity and to enable and disable Trailing Stops. All levels once placed can be adjusted using the mouse.
This is a revolutionary tool that streamlines your trade setup. If you want to stay in the game for the long run, you don't want to guess your order size. Let this tool do it for you.
Focus on trading, not arithmetic!
For more information look here: https://rebrand.ly/1e4c9
This tool lets you point to your stop level on the screen and with a right-click enter a market order in the proper direction, but not before it calculates the order quantity, and fills in the Trade Window amounts for up to five target levels. Limit and Stop orders are also available after specifying entry levels.
The targets use Move to Break Even Stops with optional offsets based on the target amount, and the final target acts as a runner with the Kiwi Trailing stop.
Targets can be Limit, Market if Touched, or Market if Touched - Client order types. Stops can be normal Stops or Stop with Bid/Ask Triggering, and Stop with Last Triggering.
Very little data entry is required, and once set up, no keyboard interaction is needed.
Order Position Size is determined based on the following:
- Stop Pips/Ticks ("R")
- Account Currency
- Account Balance
- Available Balance
- Risk Tolerance % Per Trade
- Leverage
- Margin
- Maximum Broker Trade Amounts
- Live Market Prices
All currency prices are live, and all conversions between Account, Base, and Quote currencies are automatic.
This video explains more about the features:
Inserted Video
Included is Broker data for LMAX (Symbol, Leverage, and Maximum amount per trade). Automated account balance info is available when supported by your broker.
Control Bar Buttons can be used to manually override Order Quantity and to enable and disable Trailing Stops. All levels once placed can be adjusted using the mouse.
This is a revolutionary tool that streamlines your trade setup. If you want to stay in the game for the long run, you don't want to guess your order size. Let this tool do it for you.
Focus on trading, not arithmetic!
For more information look here: https://rebrand.ly/1e4c9
