Total Trade Manager SL BE TP

The Total Trade Manager is a well-regarded tool in the Forex market, designed to maximize profits and minimize losses, providing traders with a consistent and managed approach to their currency trading strategies. This Forex software offers a selection of features aimed at creating a more efficient trading experience.

Partial Stop Loss: A Defensive Strategy

One of the key features of the Total Trade Manager is its Partial Stop Loss tool. This allows traders to close a percentage of their trade when it moves into a negative position. For instance, if a stop loss is set at 20 pips, the trader has the option to close 75% of the trade at a 10 pip loss, letting the remaining portion continue to run. This feature provides traders with a defensive strategy to limit potential losses.

Auto Stop Loss: Ideal for Volatile Markets

The Auto Stop Loss feature activates a stop loss at a predetermined number of pips once a trade is placed. This function is particularly useful in volatile market conditions, where prices can change rapidly. By setting an automatic stop loss, traders can protect their capital from significant market fluctuations.

Auto Break Even: Secure Your Profits

Another noteworthy feature of the Total Trade Manager is the Auto Break Even function. This setting moves a trade to break even after a specified amount of pips in profit have been achieved. This enables traders to secure their profits and reduce the risk of a profitable trade turning into a loss.

Break Even Slider: Flexible Risk Management

The Break Even Slider adds a level of flexibility to the Auto Break Even function. Traders can set their auto break even at a certain number of pips, and then use the slider to adjust the break even point. For example, if a trader sets the auto break even at 15 pips and the slider at 5 pips, they can secure 5 pips if the trade reverses. This tool provides a flexible way to manage risk and protect profits.

Partial Take Profit: Profit Booking Made Easy

The Total Trade Manager also offers a Partial Take Profit feature. This allows traders to book profits in parts, with three different levels available that can be turned on and off as desired. Traders can specify the percentage of the position they want to close at a particular pip level, providing a flexible and efficient way to take profits.

Independent Testing and User Reviews

Independent testing of the Total Trade Manager can be viewed on the forexroboteasy.com website. Users also have the option to subscribe for updates on the testing results of this product. We encourage all users to share their experiences of using this tool to further inform its effectiveness in the Forex market.

FAQs

What is Total Trade Manager?
Total Trade Manager is a Forex software tool designed to help traders manage their trades effectively to maximize profits and minimize losses.

What features does Total Trade Manager offer?
Total Trade Manager offers a range of features including Partial Stop Loss, Auto Stop Loss, Auto Break Even, Break Even Slider, and Partial Take Profit.

Where can I view independent testing of Total Trade Manager?
Independent testing of Total Trade Manager can be viewed on the forexroboteasy.com website.

Please note that this is an independent product review. Any opinions expressed in this review are based on the features of the product as described and do not reflect any personal bias.