Assistant for Reopen

The Forex market can be a challenging landscape, especially when dealing with pending orders. The Assistant for Reopen is a unique tool designed as an Expert Advisor, with the primary function of re-setting pending orders in Forex trading.

Automating Pending Order Management

A common inconvenience among traders is the requirement to manually restore pending orders at the start of each new trading session. This is because many brokers set orders to expire either at the end of the trading session or the trading day. The Assistant for Reopen is designed to alleviate this issue, helping to streamline trading by taking over this manual task.

How the Assistant for Reopen Works

The Assistant for Reopen operates by controlling the expiration time of the order. It automatically resets the expiration time if the trader has ticked the checkbox, freeing them from the routine task of order restoration. This simplifies the trading process, allowing traders to focus on developing and implementing forex strategies.

Capacity and Compatibility

The Assistant for Reopen can handle up to ten orders at a time. It does not support pending orders without an expiration date, such as those with Good Till Cancelled (GTC) status or those requiring manual cancellation. Unaffected by the chart tool or the timeframe, the Expert Advisor can be installed on any free chart and works seamlessly with all trading terminal tools. However, only one advisor can be installed on the trading terminal at a time.

Functionality and User Experience

In terms of functionality, the Assistant for Reopen is designed to maintain its state even when the trading terminal is switched off, for instance, over the weekend. It does this by saving its state to a file. Upon restarting the terminal, the Expert Advisor will restore all orders that expired by the expiration date at the start of the new trading session. It should be noted, however, that if the trader manually closed the order, it would not be restored.

FAQs

Can the Assistant for Reopen automate all my pending orders?

No, the Assistant for Reopen only automates orders with an expiration date. It does not support orders without an expiration date, such as GTC orders or orders requiring manual cancellation.

Can I use multiple Assistant for Reopen advisors on my trading terminal?

No, only one advisor can be installed on a trading terminal at any given time.

What happens if I manually close an order?

If you manually close an order, the Assistant for Reopen will not restore it.

For an in-depth understanding and independent testing of the Assistant for Reopen, visit forexroboteasy.com. Here, you can also subscribe for updates on the results of this product’s testing. If you have used the Assistant for Reopen, feel free to share your experience and feedback. Remember, this is an independent product review, and we value your opinion.