The Trade Manager (TM) is an MT4 Expert Advisor designed to manage your Forex trades for you. TM does not initiate trades, but once you have an open order, TM will detect and manage it automatically. TM can set your initial Stop Loss and move the stop from 1 to 5 times to specified targets as your trade moves along in profit. It will also Take Profit at 1 to 5 specified (and/or unlimited incremental) targets, closing a specified lot (or percentage) size at each target. Additionally, TM offers two pip by pip Trailing Stops, a fractal Trailing stop, and a stop based on the cross of two moving averages that can be used instead of, or after, the targeted stops. TM will also alert you via popup, sound, email, or cell phone when profit is taken, when the trade is stopped out, or when a specified profit level has been achieved.
With this completely customizable Expert Advisor, you can walk away from your computer, knowing that the Trade Manager will manage all aspects of the trade for you.
To see a video description of the Trade Manager, click here.The price of the Trade Manager is Free.
To download, click here.
"Wouldn't be without your TM . . . best bit of programming I've got. Although there are free Trade Managers on various forex forums, none perform as meticulously as yours. Also, I use the magic number Script you gave me extensively." ~Geoff
