HFM information and reviews
HFM
96%
Octa information and reviews
Octa
94%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%

Trade Manager – Forex Expert Advisor

Trade Manager is a middle term trend EA designed for trading on MT4 platform. Trade Manager trades AUDUSD, USDJPY, GBPUSD currency pairs on M30 timeframe. The minimum recommended deposit is $100. The recommended leverage for trading with this EA is 100:1. It is built directly as an Expert Advisor (EA) that you place on your MT4 chart. Trade Manager has 1-Click Stop Loss / Take Profit Targets.

How awesome is it? Well read on and find out. Having a strategy is one thing, executing it is a whole other story. One part where many traders fail at is the "trade management" part of trading. They miscalculate their lot sizes, they do not set stop losses, do not have proper risk to reward ratios for their trades, place stops at wrong levels and do not know when to take partial profits and move their stops to breakeven in order to protect their profits.

Many traders have personally suffered from many of these problems and hence my decision to develop the best MT4 trade manager that will solve all these once and for all. Below is an explanation of the uses and settings that we have for the Ultimate Trade Manager we have develop to help traders manage their positions with unbelievable ease.

Smart Lot Size Calculation & Recalculation

Reverse calculate your lot size based on equity % or dollar amount $. The EA factors in how far your stop loss is and reverse calculates the correct lot size based on your risk allocation to that trade.

If you adjust your pending order’s stop-loss distance, the EA will automatically recalculate the correct lot size for you and replace the trade with the correct lot size.

1-Click Stop Loss / Take Profit Targets

Place your stop loss and take profit targets with a single click.  Works for market orders and pending orders.

Easily Modify Existing Trades

Adjusting your levels is as easy as clicking and reactivating the setup. Even if you modify your stop loss distance, the Trade Manager can easily help you recalculate the correct lot size to risk the same original amount.

3 Levels Partial Profits

The Trade Manager EA allows you to set up to 3 separate partial profit levels along with customisable % to be closed at each level. Very useful for locking in profits at key stages of your trade.

Multiple Trailing Stop Loss

Wide selection of trailing stop loss features, from simple trailing stop, to 3 step trailing stop, to ATR stop loss, Chandelier trailing stop loss and even Parabolic SAR stop loss. Very useful for riding out large trends or big breakouts that can turn your original winning trade into a massive one.

Trade Manager EA Rating 9.51
Yield per annum 65.39%
Max drawdown per annum 44.1%
Developer MetaQuotes
Created, year 2016
Free
Class middle term
Type trend
Lot size not less than 1000 units per 0.1 of a standard lot
Deposit $100
Leverage 50
Timeframes M30
Strategies own strategy
Indicators own indicators
Recommended brokers FiatVisions, Kowela, Financial Centre
Trading tool/currency pairs AUDUSD, USDJPY, GBPUSD
Automatic account type
Indicating
Multiple usage
Mini deposits
Max risk limitation
ECN
NDD
Several one-way series
Auto start lot
Fixed stop loss
Fixed takeprofit
Automatic lapse expansions

Expert Advisors 2024

# Forex Advisor Deposit Yield
1FXCipher$30010%
2CarinaBot$10052.32%
3Fortnite$500135%
4Tickeron AI robot$100117%
5Learn2Trade$1000160%
6Auto Recovery EA$10037%
7Coinrule$1000270%
8Forex Trendy$25090%
9FX BlasterPRO$1000180%
10Waka Waka$10074%
11Renko EA$10041%
12EliteFxgo$100030%
13Stairsteps EA$10029%
141000pip Climber System$50077.3%
15Happy Breakout EA$1008.5%
Forex EAs Rating
Forex EAs Guides

Top Forex Brokers 2024

# Broker For Reviews
1 HFM Information & Reviews HFM 96%
2 Octa Information & Reviews Octa 94%
3 FXCC Information & Reviews FXCC 92%
4 FxPro Information & Reviews FxPro 89%
5 FBS Information & Reviews FBS 88%
6 Vantage Information & Reviews Vantage 85%
7 MultiBank Group Information & Reviews MultiBank Group 84%
8 XM Information & Reviews XM 82%
9 FP Markets Information & Reviews FP Markets 81%
10 AMarkets Information & Reviews AMarkets 79%
11 Errante Information & Reviews Errante 77%
12 IronFX Information & Reviews IronFX 77%
13 T4Trade Information & Reviews T4Trade 76%
14 RoboForex Information & Reviews RoboForex 76%
15 Exness Information & Reviews Exness 76%
400+ Forex Brokers
Forex Brokers Reviews

Editors' Picks

The Top Forex Expert Advisors 2024: Performance, Strategy, and Reliability Review

An annual roundup reviewing the most successful Forex Expert Advisors (EAs) based on their performance, strategies employed, reliability, and user feedback. This piece would provide insights into which EAs have been market leaders and why.

The Evolution of Forex Expert Advisors: Navigating the Path of Technological Revolution

The concept of automated trading has been around for decades, but the accessibility and sophistication of Forex EAs have seen significant advancements in the past few years. Initially, automated trading systems were rudimentary, focusing on simple indicators like moving averages.

The Impact of EAs on Forex Trading: A Double-Edged Sword

By enabling continuous, algorithm-based trading, EAs contribute to the efficiency of the Forex market. They can instantly react to market movements and news events, providing liquidity and stabilizing currency prices through their high-volume trading activities.

MultiBank Group information and reviews
MultiBank Group
84%
XM information and reviews
XM
82%
FP Markets information and reviews
FP Markets
81%
FXTM information and reviews
FXTM
80%
AMarkets information and reviews
AMarkets
79%
BlackBull information and reviews
BlackBull
78%

© 2006-2024 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.