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EA Trade Manager MT4 & MT5

  • #101
  • Edited 7:42am Sep 20, 2021 7:31am | Edited 7:42am
Quoting SupremeDream
{quote} Hey how's it going I purchased your EA on MT4 while back. I just got the MT5 version and I ran into an issue. I can't use the mouse to change the TP and SL the whole UI on the chart dissappeared and i cannot click or change parameters between sell or buy. The Box on the left is still there so I can change all of that but it end but on the actual chart I don't see the The red and green anymore. I uninstalled the EA and reinstalled it and that did not help it come back. This is the best trade manager btw Really made my trading easy.
Hi SupremeDream

Sometimes it may happen that the open/stop/target block hide outside the chart display area. You only see horizontal lines, but can't move it.

In this case you should know that there are 3 available block alignment methods:

 

  1. Unlimited - the ability to move the block across the entire chart area
  2. At Newest Bar - fixed location of the block behind the newest candle. The distance from the latest candle can be defined in the "Position Offset to Bar" parameter.
  3. Align Right - fixed position of the block on the right edge of the chart

Attached Image

The open/stop/target block behavior for each of the above setting is presented in the video below:
Inserted Video

In a situation where the block often hides outside the chart area, you should consider setting the "Position" = "Align Right" parameter permanently.
  • #102
  • Sep 25, 2021 5:52pm Sep 25, 2021 5:52pm
Quoting Gruffydd
{quote} Hi SupremeDream Sometimes it may happen that the open/stop/target block hide outside the chart display area. You only see horizontal lines, but can't move it. In this case you should know that there are 3 available block alignment methods: Unlimited - the ability to move the block across the entire chart area At Newest Bar - fixed location of the block behind the newest candle. The distance from the latest candle can be defined in the "Position Offset to Bar" parameter. Align Right -...


Thank you worked perfectly. I was also wondering if there was a way to backtest using your EA. Could you possibly make a backtester that we can use it on?
  • #103
  • Sep 27, 2021 2:56am Sep 27, 2021 2:56am
Quoting Gruffydd
Do you think that placing orders and managing open transactions could be easier in the metatrader? Do you think you need a simple and intuitive tool that will allow you to handle transactions in one place? There is solution, it is EA Forex Trade Manager. Whit this tool you can: easy to plan each transaction calculate how much you can gain and how much you loss on one trade just before you decide to open it (money management) opening trades quickly manage opened trades https://youtu.be/-OBT7FLBAvA Forex Trade Manager has: intuitive, visual...
hello, do you have the demo version ? i'd like to test it first. Thank You
  • #104
  • Sep 27, 2021 4:54am Sep 27, 2021 4:54am
Quoting SupremeDream
{quote} Thank you worked perfectly. I was also wondering if there was a way to backtest using your EA. Could you possibly make a backtester that we can use it on?
The problem with the operation of the program in the strategy tester is due to the fact that there is no handling of events such as clicking a button on the panel. At the moment we are working on further updates to add new useful functions to the program. Then we will look at how EA Trade Manager can operate in the strategy tester.
  • #105
  • Sep 27, 2021 5:00am Sep 27, 2021 5:00am
Quoting ahyarfx9
{quote} hello, do you have the demo version ? i'd like to test it first. Thank You
Hello ahyarfx9

Yes, we offer a free 7-day trial version of the EA Trade Manager.
Please ask for trial here: https://www.investsoft.eu/contact and please specify which version you are interested in, MT4 or MT5.
  • #106
  • Edited 6:01pm Sep 28, 2021 5:48am | Edited 6:01pm
Hello Gruffydd, your work is fucking awesome !

Can i suggest a functionnality wich is really easy to make ?

"The multiple partial closes"
You place a limit order or market order with the EA , then you assign
tp1 tp2 tp3 wich zone level are xRR or x%
yours tps : permit to close y% from order when zone are hits , btw each users can update this settings for differents strategys

that will be an awesome features , and i think you are the only one on market to get this.
with this you can place a trade and go to another without be annoyed by the past trade, all of your trade are in auto then you can relax and think about new opportunities


What do you think about it ?
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  • #107
  • Sep 29, 2021 5:01am Sep 29, 2021 5:01am
Quoting OilMazout
Hello Gruffydd, your work is fucking awesome ! Can i suggest a functionnality wich is really easy to make ? "The multiple partial closes" You place a limit order or market order with the EA , then you assign tp1 tp2 tp3 wich zone level are xRR or x% yours tps : permit to close y% from order when zone are hits , btw each users can update this settings for differents strategys that will be an awesome features , and i think you are the only one on market to get this. with this you can place a trade...
Hello OilMazout

Thanks for your suggestion. This feature is now available in the Trade Manager program. You can define a partial profit closing and a partial closing when the trade loses.
Attached Image

You can specify for each stage how much of the transaction is to be closed (in lots or as a percentage of the initial transaction size) and the distance (in pips, as a% of distance to the final TP or as the Risk Reward Ratio).
Attached Image (click to enlarge)
Click to Enlarge Name: part_close_example3.png Size: 183 KB

We will improve this function in the next scheduled updates of the program.
  • #108
  • Sep 29, 2021 5:51am Sep 29, 2021 5:51am
Quoting Gruffydd
{quote} Hello OilMazout Thanks for your suggestion. This feature is now available in the Trade Manager program. You can define a partial profit closing and a partial closing when the trade loses. {image} You can specify for each stage how much of the transaction is to be closed (in lots or as a percentage of the initial transaction size) and the distance (in pips, as a% of distance to the final TP or as the Risk Reward Ratio). {image} We will improve this function in the next scheduled updates...
Hi mate, was the "breakeven affecting partials calculation" issue fixed in this latest update?

Cheers
  • #109
  • Sep 30, 2021 3:45am Sep 30, 2021 3:45am
Quoting Paulscaff1
{quote} Hi mate, was the "breakeven affecting partials calculation" issue fixed in this latest update? Cheers
Hi Paulscaff1,

The latest update of the Trade Manager program (ver. 3.30) is almost finished and will mainly include an additional panel to manage open transactions and will include improvements to existing functions.

In version 3.30 it will be possible to set the distance of activating the partial closing of the transaction as risk reward ratio (option "rr") with active Trailing Stop and Break Even.

The way Break Even works will also change. Once activated and moved from Stop to Break Even, it will be deactivated allowing you to freely manipulate the SL by hand.
  • #110
  • Oct 1, 2021 4:10am Oct 1, 2021 4:10am
Quoting Gruffydd
{quote} Hi Paulscaff1, The latest update of the Trade Manager program (ver. 3.30) is almost finished and will mainly include an additional panel to manage open transactions and will include improvements to existing functions. In version 3.30 it will be possible to set the distance of activating the partial closing of the transaction as risk reward ratio (option "rr") with active Trailing Stop and Break Even. The way Break Even works will also change. Once activated and moved from Stop to Break...
Thats great mate, looking forward to the updates.

Ive been subscribed to the EA for over a year now and its been brilliant.

Its great that you keep updating and adding new features
  • #111
  • Oct 2, 2021 4:40am Oct 2, 2021 4:40am
Quoting Paulscaff1
{quote} Thats great mate, looking forward to the updates. Ive been subscribed to the EA for over a year now and its been brilliant. Its great that you keep updating and adding new features
Thanks for being with us and for appreciating our work.
We still have plans to add many useful functions to EA Trade Manager MT4 / MT5, which we will successively publish in future updates.
  • #112
  • Oct 2, 2021 7:21am Oct 2, 2021 7:21am
Quoting Gruffydd
{quote} Thanks for being with us and for appreciating our work. We still have plans to add many useful functions to EA Trade Manager MT4 / MT5, which we will successively publish in future updates.
Wondering if its possible to add an equity protection/stop feature?

Would be handy for some of us that do prop challenges/evaluations.

I.E Close all positions when daily drawdown reaches $xx or %xx

and

Close all positions when positive equity reaches $xx or %xx

So that say for an FTMO 100k account, the profit target is 10%/10k

The equity protecter will close all positions when total equity reaches 110k (or what ever figure inputted).

Only if you guys find the time or see a demand for the feature.

Cheers
  • #113
  • Oct 4, 2021 7:56am Oct 4, 2021 7:56am
Quoting Paulscaff1
{quote} Wondering if its possible to add an equity protection/stop feature? Would be handy for some of us that do prop challenges/evaluations. I.E Close all positions when daily drawdown reaches $xx or %xx and Close all positions when positive equity reaches $xx or %xx So that say for an FTMO 100k account, the profit target is 10%/10k The equity protecter will close all positions when total equity reaches 110k (or what ever figure inputted). Only if you guys find the time or see a demand for the feature. Cheers
Thanks Paulscaff1 for your suggestion on the new feature in Trade Manager for MT4 and MT5.
This option will definitely appear in the program as it's already on our to-do list. First, there will be an update related to the management of open transactions, then the "stealth mode", ie hidden Stop Loss and Take Profit and hidden pending orders. Then we will add the option to close all trades when reaching a certain profit or loss (in the account currency or as a% of the deposit).
  • #114
  • Oct 5, 2021 8:26pm Oct 5, 2021 8:26pm
Hi Gruffydd,
I just purchased the EA (MT4 version) as I thought seemed to work well. After downloading and setting up I have a few issues, which I hope you can resolve for me:

1. I can only open, and have a workable EA on 16 pairs, so how do I manage more than 16 separate trades?

2. Is it possible to access all the pairs from just one pair window, this would reduce CPU load from 16 pairs windows open, (EA max limit) and make it so much easier to use?

3. Can you have a window on the top of the EA were you choose the pair you want to trade (prior to opening a trade I want to use the EA's ability to read the pip value of the pair and set the lot size from the % calculation,) once I have input all the details I would then set the trade which the EA would then manage. I often have more than 16 trades running, and as the EA will not open an active EA on more pairs can the single EA run and manage more than 16 trades?

Hope you can help!
  • #115
  • Oct 7, 2021 3:33am Oct 7, 2021 3:33am
Quoting acfuk
Hi Gruffydd, I just purchased the EA (MT4 version) as I thought seemed to work well. After downloading and setting up I have a few issues, which I hope you can resolve for me: 1. I can only open, and have a workable EA on 16 pairs, so how do I manage more than 16 separate trades? 2. Is it possible to access all the pairs from just one pair window, this would reduce CPU load from 16 pairs windows open, (EA max limit) and make it so much easier to use? 3. Can you have a window on the top of the EA were you choose the pair you want to trade (prior...
Hello acfuk

Thanks for purchasing the Trade Manager MT4.

In the program itself, there is no limit of charts / pairs / symbols on which the program is running or the number of orders that the program can handle. It only limits the amount of computer resources to handle such a large number of program instances.

At the time of designing the program, we assumed that for each symbol that is to be handled by the program, a separate chart is open and a separate Trade Manager program is running on it due to different symbol parameters and order settings. From a technical point of view, it is more efficient because the program does not haveto loop check each order, but each symbol has an assigned program that runs independently (in a separate thread) and can immediately respond to changes with each new tick on the chart.

Of course, you can enable the option of managing all symbols (according to the current settings in the panel):

Attached Image

  1. Only Current symbol - set to true cause that the Trade Manager manages only trades opened for current symbol, FALSE value cause that program manages trade for different symbols
  2. Only Curr. Symbol - partial close - this setting applies only to the partial close section and the value TRUE means to partially close only the trades for the symbol the Trade Manager is working on, the value FALSE means to partially close all open trades, regardless of the symbol.
  3. Only Current Magic No - set to TRUE to manage only trades with Magic Number defined in parameter "Magic Number". FALSE means to manage trades regardless of Magic Number value.

Contact us here https://www.investsoft.eu/contact and we will discuss the best settings for you.

  • #116
  • Oct 13, 2021 4:23am Oct 13, 2021 4:23am
Hi Gruffydd,

I have bought the Forex Trade Manager (latest version 3.2) for a couple of weeks. Love the design and really easy to use.

However, the EA is really lagging on my PC (it keeps freezing the MT4 for about 10seconds and continue to work)

Do you have any suggestions?

Regards,
Hoang
  • #117
  • Oct 13, 2021 6:27am Oct 13, 2021 6:27am
Quoting BrogXP
Hi Gruffydd, I have bought the Forex Trade Manager (latest version 3.2) for a couple of weeks. Love the design and really easy to use. However, the EA is really lagging on my PC (it keeps freezing the MT4 for about 10seconds and continue to work) Do you have any suggestions? Regards, Hoang
Hello BrogXP

We have not noticed problems with the slow work of the Trade Manager, slowdown of the computer or consumption of large resources even on older computers.

Please check if any of the running EAs or indicators in Metatrader is causing the lag in the terminal or if there is a program on the computer that runs in the background and takes up most of the available computer resources.

Also check whether the program freeze occurs at random moments or when you perform a specific action.

If necessary, please contact our technical support here: https://www.investsoft.eu/contact
Provide more information to identify the issue on your computer.
  • #118
  • Oct 13, 2021 7:05am Oct 13, 2021 7:05am
Hi Gruffydd

Didn't think about the conflict with other indicators, just removed some and the Forex Trade Manage works perfectly.

Thank you,
Hoang
  • #119
  • Oct 15, 2021 2:51am Oct 15, 2021 2:51am
Quoting BrogXP
Hi Gruffydd Didn't think about the conflict with other indicators, just removed some and the Forex Trade Manage works perfectly. Thank you, Hoang
Glad you found a reason! Some indicators (especially older ones) calculate a very large amount of data with each tick (sometimes they recalculate data for all candles) or have a lot of objects to check, which requires a lot of computing power, without leaving a lot of free resources for other tools running on the chart, which causes lag in operation with them.
  • #120
  • Oct 22, 2021 6:28am Oct 22, 2021 6:28am
In the last EA Trade Manager update, we added an advanced option for managing your open orders.

Now, at each open order, the program shows a special information bar where you can define what information shoud be displayed about the order on the chart on an ongoing basis and show a dedicated panel for managing the transaction.

It is possible to set separate settings for each open order and modify the order by moving the lines on the chart.
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