XP Forex Trade Manager MT5

The world of Forex Trading has been revolutionized with the introduction of the XP Forex Trade Manager MT5 software. This advanced platform is designed to simplify the management of open orders on MetaTrader 5. With its automated trading capabilities, the software is able to set Stop Loss and Take Profit orders automatically, presenting a new level of profit protection in Forex Trading.

XP Forex Trade Manager MT5: Automated Trading Simplified

One of the standout features of the XP Forex Trade Manager MT5 (FTM MT5) is its ability to control orders for either current symbols where the Expert Advisor (EA) works, or for all opened orders. Not only does this provide traders with a higher level of control, but it also offers a stealth mode that hides Stop Loss and Take Profit from brokers. This makes the XP Forex Trade Manager a reliable partner for managing opened manual trades, whether on all symbols or the current chart’s symbol.

Unique Features of Forex Trade Manager MT5

The FTM MT5 software provides a host of unique features designed to optimize Forex Trading. Some of the notable features include setting Stop Loss and Take Profit for trades in pips, a Trailing Stop function that trails SL by the price, and a Break Even function that moves SL to BE on a chosen distance. The SL/TP can be managed in the standard way or in stealth mode hidden from the broker.

The parameters for the XP Forex Trade Manager MT5 are highly customizable. Traders can set the Stop Loss and Take Profit in pips for trades, and choose to use only the Break Even function or Trailing Stop function for opened trades. The software also allows for the setting of profit in pips when the Break Even function is activated, as well as the additional distance from BE in pips when SL is placed by the Break Even function.

Additionally, the software offers a stealth mode that hides SL/TP levels from the broker and closes trades programmatically on those levels. Traders can choose to manage trades only from the current chart’s symbol or from all pairs.

Forex Trade Manager MT5: User Interface

The Forex Trade Manager MT5 comes with a user-friendly interface that displays the current daily profit/loss in pips and account currency. Each function comes with detailed descriptions, making it easy for traders of all experience levels to understand and implement. A comprehensive instruction manual in PDF format is also provided with the software.

Independent Testing and Updates

Independent testing of the XP Forex Trade Manager MT5 is available on forexroboteasy.com. Traders can also subscribe to updates on the results of testing this product. This transparency allows traders to make informed decisions about whether the software is the right fit for their trading needs.

FAQ

Given the significance of this software in the Forex Trading world, it is important to address common questions that prospective users may have.

1. Does the XP Forex Trade Manager MT5 hide the SL/TP levels from the broker?

Yes, the software offers a stealth mode that hides SL/TP levels from the broker and programmatically closes trades on these levels.

2. Can I manage trades only from the current chart’s symbol with the XP Forex Trade Manager MT5?

Yes, you can choose to manage trades only from the current chart’s symbol or from all pairs.

3. Does the software come with a user manual?

Yes, a comprehensive instruction manual in PDF format is provided with the software.

We invite all users of the XP Forex Trade Manager MT5 to share their experiences and provide feedback on the platform. This is an independent review and we value your input.