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As a Forex trader, you’re likely familiar with the challenges of setting StopLoss and TakeProfit parameters in a fast-paced market. The Auto SLTP Maker MT5 is designed to address this issue, acting as a reliable Forex Trading Assistant. This tool automatically tracks trades without StopLoss and/or TakeProfit, ensuring you never forget to place them.
Functionality and Ease of Use
The Auto SLTP Maker MT5 is not only functional but also user-friendly. It tracks your trades and checks what level should be set for StopLoss and TakeProfit based on your settings. The tool doesn’t wait for a new tick but sets the required values almost immediately, making it efficient for fast market trading.
Compatibility with Market and Pending Orders
This trading software shines in its compatibility. It works with both market and pending orders, and the type of orders it works with can be set in the parameters. This flexibility allows it to track either trades for the instrument it runs on, or all instruments, automatically setting StopLoss and TakeProfit for all traded symbols.
Support for All Types of Orders in MetaTrader 5
The Auto SLTP Maker MT5 supports all types of orders in MetaTrader 5. This includes Buy; Sell; Buy Stop; Buy Limit; Sell Stop; Sell Limit; Buy Stop Limit; and Sell Stop Limit. This comprehensive support makes it a versatile Forex Trading Assistant.
Customizable Input Parameters
This tool offers customizable input parameters, allowing traders to tailor it to their specific Forex Strategies. These parameters include: Symbol (Current symbol / All symbols); Type (Market orders / Pending orders / Market & Pending orders); Take Profit (points); Stop Loss (points); and ECN Account (true / false).
Frequently Asked Questions
What is the Auto SLTP Maker MT5?
The Auto SLTP Maker MT5 is a Forex trading tool designed to automatically set StopLoss and TakeProfit levels for traders.
How does the Auto SLTP Maker MT5 work?
This tool tracks trades without StopLoss and/or TakeProfit and checks what level should be set for these based on the trader’s settings. It can also work with both market and pending orders.
Does the Auto SLTP Maker MT5 support all types of orders in MetaTrader 5?
Yes, the tool supports all types of orders in MetaTrader 5: Buy; Sell; Buy Stop; Buy Limit; Sell Stop; Sell Limit; Buy Stop Limit; and Sell Stop Limit.
For those interested in the independent testing of this product, you can view the results on the forexroboteasy.com website and subscribe to updates on the testing process. We invite you to share your experiences of using the Auto SLTP Maker MT5. Remember, this is an independent product review and we appreciate your insights and feedback.
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