Exit Manager

Key Features

1. Automated Order Management

The Exit Manager instantly detects and manages both manually opened trades and orders placed by Expert Advisors (EAs). By specifying the applicable EA Magic Number, the software will monitor your trades and automatically close orders based on the conditions you have enabled. This feature is particularly useful for traders who don’t have the time to continuously monitor their trades.

2. Multiple Exit Conditions

The Exit Manager offers a wide range of exit conditions, allowing traders to customize their trade management strategy. You can specify conditions such as closing at the cross of MACD Main and Signal line, crossing of two Moving Averages, RSI reaching Overbought/Oversold levels, Stochastic Cross at Overbought/Oversold levels, price touching or crossing Moving Averages, and more. Each condition is fully configurable, providing flexibility in tailoring the exit strategy to your trading style.

3. Trailing Stops

To further reduce risk and maximize profits, the Exit Manager includes a trailing stop feature. Trailing stops automatically adjust the stop-loss level as the trade moves in your favor, locking in profits while still allowing for potential upside. Traders can set the trailing distance in pips and the trailing step for each step. This feature ensures that you capture the maximum gains from each trade while protecting against sudden reversals.

4. Compatibility and Customizability

The Exit Manager is compatible with all trading symbols, including Forex, Crypto, Indices, Commodities, and more. It can be easily integrated into any trading platform, making it accessible to a wide range of traders. Additionally, each condition can be turned on or off, allowing traders to enable only the exit conditions that align with their trading strategy.

Frequently Asked Questions (FAQs)

Q: Can I watch independent testing of this product?

A: Yes, you can watch independent testing of the Exit Manager on the forexroboteasy.com website. They provide comprehensive reviews and analysis of various forex software, including the Exit Manager. It is recommended to review the testing results and performance before utilizing the software in your trading strategy.

Q: How can I subscribe to updates on the results of testing this product?

A: To stay updated on the results of testing the Exit Manager and other forex software, you can subscribe to the newsletter on the forexroboteasy.com website. This will ensure that you receive the latest information and insights into the performance of the software.

Q: Can I share my experience of using the Exit Manager?

A: Absolutely! We encourage traders to share their experiences, feedback, and insights on using the Exit Manager. Your firsthand experience can provide valuable information to other traders and help them make informed decisions about incorporating this tool into their trading strategies.

Conclusion

The Exit Manager is a comprehensive and reliable trade management tool for professional forex traders. Its automated order management, multiple exit conditions, trailing stop feature, and compatibility with various trading symbols make it a valuable asset in optimizing trading strategies. By employing the Exit Manager, traders can effectively manage their trades, reduce risk, and improve overall profitability. Take advantage of this powerful tool and enhance your forex trading experience.