Hi traders, this tool will significantly increase your trading efficiency and your edge.
Official website: http://www.mt4tradingbox.com/ (https://www.mql5.com/go?link=http://www.mt4tradingbox.com/)
Manuals: http://www.mt4tradingbox.com/order-management/ (https://www.mql5.com/go?link=http://www.mt4tradingbox.com/order-management/)
Manage risk, calculate RR and place alerts within seconds.
With Trading box Order Management tool, you can create order box from rectangle with click on a button. Order box will calculate lot size for every order, total stop loss in deposit currency, risk in percentage of account balance, total profit from all targets and order box size in pips. Commission and spread are included in all calculations.
For each target it will calculate risk reward, profit in deposit currency and pip distance. There are also different types of price alerts that can be set with one button click. Trader will be notified about all events on mobile phone via MT4 push notifications and Alerts in MT4.
Protect your orders with Spread filter and opening GAP protection.
Traders often lose a lot of money during some big news or Monday opening gaps. Order box prevents opening orders if there is too big spread during the news or if there is Monday opening gap beyond order box. With use of order box trader can avoid trading under unfavorable market conditions where he can easily lose a lot of money. Trader can also create or delete order box when market is closed.
Supply and Demand candle detection
Trader can enable searching of big supply and demand candles inside order box. When candle like this will be created, trader will be notified, and he can decide if there are any orders left in the base of the candle.
Head and Shoulders pattern detection
If uncompleted Head and Shoulders pattern will be created inside order box, then trader will receive notification that fresh orders are left inside order box. Potentially fresh orders will be marked with red rectangle.
Liquidity detection
Trader will define price zone above or below order box where he expects that fake support or resistance will be created. When this happens, he will receive alert and notification on mobile phone.
Automaticaly enable order box after real Price Action.
A lot of times traders missed to enter the market after a real price action is created because they wait for signal and even then, they can put limit order into the market. They also watch some price level and they start to believe that this level will work no matter what happens on chart. Typical traders cannot change mentality in real time because they also need to watch if price already hit its target (opposite orders are loaded into the market). Order box function lines allows trader to create trade strategy even before real price action in created. Trader now don’t need to change mentality when market moves because they already program order box actions in front.
Set Breakeven and Reload price level inside order box.
A lot of trades don’t go by the trader’s plan, because the levels that we trade can be broken also. This is the time when trader have to surrender trade like this and set it to break even to get out of trade without any costs or little profit. The other thing is that when we have wide zone and we want to open orders at the zone entry and one more time at best possible price in this zone where is the best risk reward for potential trade.
Official website: http://www.mt4tradingbox.com/ (https://www.mql5.com/go?link=http://www.mt4tradingbox.com/)
Manuals: http://www.mt4tradingbox.com/order-management/ (https://www.mql5.com/go?link=http://www.mt4tradingbox.com/order-management/)
Manage risk, calculate RR and place alerts within seconds.
With Trading box Order Management tool, you can create order box from rectangle with click on a button. Order box will calculate lot size for every order, total stop loss in deposit currency, risk in percentage of account balance, total profit from all targets and order box size in pips. Commission and spread are included in all calculations.
For each target it will calculate risk reward, profit in deposit currency and pip distance. There are also different types of price alerts that can be set with one button click. Trader will be notified about all events on mobile phone via MT4 push notifications and Alerts in MT4.
Protect your orders with Spread filter and opening GAP protection.
Traders often lose a lot of money during some big news or Monday opening gaps. Order box prevents opening orders if there is too big spread during the news or if there is Monday opening gap beyond order box. With use of order box trader can avoid trading under unfavorable market conditions where he can easily lose a lot of money. Trader can also create or delete order box when market is closed.
Supply and Demand candle detection
Trader can enable searching of big supply and demand candles inside order box. When candle like this will be created, trader will be notified, and he can decide if there are any orders left in the base of the candle.
Head and Shoulders pattern detection
If uncompleted Head and Shoulders pattern will be created inside order box, then trader will receive notification that fresh orders are left inside order box. Potentially fresh orders will be marked with red rectangle.
Liquidity detection
Trader will define price zone above or below order box where he expects that fake support or resistance will be created. When this happens, he will receive alert and notification on mobile phone.
Automaticaly enable order box after real Price Action.
A lot of times traders missed to enter the market after a real price action is created because they wait for signal and even then, they can put limit order into the market. They also watch some price level and they start to believe that this level will work no matter what happens on chart. Typical traders cannot change mentality in real time because they also need to watch if price already hit its target (opposite orders are loaded into the market). Order box function lines allows trader to create trade strategy even before real price action in created. Trader now don’t need to change mentality when market moves because they already program order box actions in front.
Set Breakeven and Reload price level inside order box.
A lot of trades don’t go by the trader’s plan, because the levels that we trade can be broken also. This is the time when trader have to surrender trade like this and set it to break even to get out of trade without any costs or little profit. The other thing is that when we have wide zone and we want to open orders at the zone entry and one more time at best possible price in this zone where is the best risk reward for potential trade.
