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Average Ratings 4 Ratings

Total
ease
features
design
support

Description

When using Metatrader to initiate an order, it is necessary to access a window where you input the opening price, stop loss, take profit, and trade size. Effective capital management is crucial in trading the financial markets to protect your initial investment and grow it over time. Prior to determining the appropriate trade size, you must perform the necessary calculations to answer how much you should trade. For scalpers who require the ability to swiftly open and close trades without the need for setting stop losses or profit targets, the Trade Manager panel provides a convenient solution, allowing you to set fixed order parameters for quick execution. Additionally, the Trade Manager panel simplifies the process of closing or deleting orders, enabling you to either close all positions with a single click or selectively close certain types of pending orders or only those that are either profitable or resulting in losses. This versatility makes the Trade Manager an invaluable tool for traders who prioritize efficiency and quick decision-making.

Description

Position Sizer is an expert advisor for the trading panel that allows you to calculate the size of your trades according to your risk tolerance, your stop-loss and the trading instrument. The panel's keyboard shortcuts and interface allow you to execute trades. Position Sizer is available for MetaTrader 4 as well as MetaTrader 5. It offers multiple features such as risk calculation, margin calculation, swap calculation, and also a simple breakeven and trailing stop facility.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

MetaTrader 4 Yes 
MetaTrader 5 Yes 

Integrations

MetaTrader 4 Yes 
MetaTrader 5 Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$0
Free and open-source
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux Yes 
Chromebook No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Forex Trade Manager

Country

United States

Website

www.mql5.com/en/market/product/37228

Vendor Details

Company Name

EarnForex

Founded

2005

Country

France

Website

www.earnforex.com

Product Features

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