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Auto Martingale Trade Manager is a unique Expert Advisor (EA) designed for manual traders who utilize the Average/Martingale strategy in their trading routine. Its primary function is to manage your manual orders including placing the stop loss, take profit, trailing, and averaging/Martingale features. This EA can be used on three chart modes: current chart, selected, and all market watch.
Understanding the Main Features
The Auto Martingale Trade Manager is equipped to handle only one open order per chart. For the ‘Current Chart’ mode, it manages the open orders from the current chart. In the ‘Selected’ mode, it manages all pairs/symbols listed on the Symbol Lists (without any prefix/postfix). If you select the ‘All Market Watch’ mode, the EA manages all available pairs/symbols.
One must note that when using the ‘Selected pairs/All market watch’ mode, the EA should only be placed on a single main chart. This unique feature makes it an appealing choice for Forex traders who are looking for an efficient way to manage their trades.
Special Functions for Manual Traders
The Auto Martingale Trade Manager is not just an EA; it also has special functions designed specifically for manual traders. It manages the first manual opened trades into average/Martingale orders if enabled. Additionally, it has a special function for single/Martingale trailing mode if enabled.
However, it’s important to note that this EA does not have an entry logic. Instead, it manages all open trades according to the trader’s preferences and settings.
Input Description and Parameters
The Auto Martingale Trade Manager comes with a range of customizable parameters. These include symbol mode symbols to control (Current; Selected; All Market Watch), symbol lists, symbol prefix and postfix, enabling averaging/Martingale, Martin Mode, lot multiplier/increment, pip steps, take profit addition from the breakeven point in points, stop loss in points, take profit in points, enabling trail, trailing stop in points, trailing step in points, slippage/deviation, and the EA’s magic number.
All these parameters allow traders to fine-tune the EA to their trading style and market conditions, providing a personalized trading experience.
Frequently Asked Questions
1. Is the Auto Martingale Trade Manager suitable for beginners?
Yes, it is designed with a user-friendly interface that is easy to understand and navigate, even for beginners. However, a basic understanding of Forex trading and the Martingale strategy is recommended.
2. Does the Auto Martingale Trade Manager have an entry logic?
No, the EA doesn’t have an entry logic. It is designed to manage open trades according to the settings and preferences of the trader.
3. Can I test the Auto Martingale Trade Manager before purchasing?
Yes, you can watch independent testing of this product on the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product.
Independent Review and User Experience
We invite all users of the Auto Martingale Trade Manager to share their experiences. Your feedback can help other traders make informed decisions and understand the product better. This product review is independent, and all opinions shared are from third-party users.
Remember, the Auto Martingale Trade Manager is not a magic solution to profitable trading. It’s a tool that, when used correctly and responsibly, can optimize your Forex trades and increase your trading efficiency.
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