Easy Trade Manager MT5

Overview of Easy Trade Manager MT5

• Easy Trade Manager MT5 simplifies managing open orders in MetaTrader 5.
• The manager automatically sets Stop Loss and Take Profit for new orders.
• It has features for moving Stop Loss to Break Even or implementing Trailing Stops to protect profits.
• It can manage orders for the current symbol or all opened orders, hiding SL and TP from brokers.

Key Features

• Set Stop Loss and Take Profit in pips for individual trades.
• Utilize Trailing Stop to adjust SL based on market movements.
• Break Even feature to safeguard gains by adjusting SL to the entry price after a certain profit level is reached.
• Stealth Mode allows hiding SL/TP levels from the broker's view, enhancing privacy.
• Provides visual information about daily profit/loss in pips and account currency on the chart. 📊

Settings and Parameters

• Parameters for SL and TP can be specified in pips for complete control over risk management.
• The Break Even function can be enabled or disabled; users define the profit level for activation and additional distance for SL placement.
• Trailing Stop function allows setting the starting profit threshold and minimum distance for SL adjustments.
• OnlyCurrentPair parameter to choose whether to manage trades from the current symbol or all pairs.

User Feedback

• Traders appreciate the intuitive interface and the ability to customize parameters for better performance.
• Reviews highlight the effectiveness of the stealth mode feature, ensuring privacy from brokers.
• Positive feedback often mentions the ease of managing multiple trades simultaneously with the Easy Trade Manager. 👍

Conclusion on Usage

• Easy Trade Manager MT5 is suitable for traders looking to enhance their risk management strategies.
• This tool is essential for both beginners and experienced traders who enjoy detailed control over their trading activities.
• It equips traders with a robust set of tools to navigate the fast-paced Forex market effectively.