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- Easy Trade Manager Expert in MT4 Download - Free - [TradingFinder]
Easy Trade Manager Expert in MT4 Download - Free - [TradingFinder]
Easy Trade Manager Expert is a TradingFinder specialized product for effective trade management and risk reduction on the MT4 platform.This tool provides a comprehensive panel to automatically set Stop Loss and Take Profit levels.
The management panel of the Easy Trade Manager Expert consists of the settings section, chart theme change, and Risk to Reward ratio calculation.
Specifications Table for Easy Trade Manager Expert
The following table shows the specifications and details of the Easy Trade Manager Expert:
Category | Trading Tool - Capital Management - Risk Management |
Platform | MetaTrader 4 |
Skill Level | Beginner |
Type of Trading Tool | Risk and Capital Management |
Time Frame | Multi Time Frame |
Trading Style | Scalping - Intraday - Medium term - Long term |
Market | Forex - Stocks - Commodities |
Easy Trade Manager Expert
The "Easy Trade Manager" expert sets Stop Loss and Take Profit levels and calculates the Risk-to-Reward ratio.
By entering the desired values in the expert's panel, a position can be opened at the current market price, and the Stop Loss and Take Profit levels will automatically be set according to the entered values.
In addition, in the "Buy P & Sell P" mode, the possibility of creating a Pending position on the chart has been provided.
Buy Position
In the Uniswap cryptocurrency chart at the 30-minute time frame, the trade position's volume is 0.1 lots, and the Risk to Reward ratio is calculated as 2.
Based on the entered values, the Easy Trade Manager Expert draws the Stop Loss level with a red dashed line and the Take Profit level with a green dashed line on the chart.
Pressing the "B" button makes the position as "Risk-Free." Additionally, depending on the trader's strategy, the trader can exit 50% of the position by selecting the "P" option.
Sell Position
The 4-hour Bitcoin (BTC) chart demonstrates how the Easy Trade Manager Expert functions in a sell position.
The volume set in the expert's panel is 0.1 lots, and the Risk to Reward ratio is 2. The Stop Loss and Take Profit levels are drawn on the chart according to the specified values.
Easy Trade Manager Expert Settings
The image below contains details related to the settings and main panel of the Easy Trade Manager Expert:
Settings
- One Click Trading: Executes trades with one click
- Having Take Profit: Activates the Take Profit option
- Having Stop Loss: Activates the Stop Loss option
- Virtual TP & SL: Sets virtual Take Profit and Stop Loss
- Partial Close: Activates the "P" option to close 50% of the position
- Show all TP & SL: Displays all Take Profit and Stop Loss levels
- Show Boxes: Displays a colored box for the Stop Loss and Take Profit levels
Panel
- Theme: Change the chart theme by clicking the moon icon
- Buy and Sell: Creating buy and sell positions at the current price
- Buy.p and Sell.p: Creating buy and sell positions as Pending
- RR Ratio: Determines the Risk-to-Reward ratio
- SL type: Sets the calculation type for Stop Loss, such as pip, percentage, or dollar
- B All: "Risk-Free" option
- C All: Closes all positions
- C Last: Closes the last positions
- Time to the next bar: Displays the time remaining until the current candle closes
Conclusion
The Easy Trade Manager Expert is a trading tool for MetaTrader 4 that allows users to set Stop Loss and Take Profit levels and calculate the Risk to Reward ratio of trades.
The "Risk & Reward" ratio can be calculated automatically or manually for each trade using this Trading Assist. Additionally, by selecting the "Virtual" option, you can create Stop Loss and Take Profit levels on the chart without connecting to the server.
Does this expert calculate the Risk-to-Reward ratio?
Yes, this feature is performed automatically based on the input values.
Can a position be opened by clicking on the chart?
Yes, this is possible through the "Buy P & Sell P" option.