Order Management

Order Management

Key Features of Order Management

• Trade Execution: One-click trade entries with predefined entry and stop loss prices.
• Flexible Trade Management: Set partial take profit levels, trailing stops, and break-even points.
• Adaptive Risk Management: Adjust risk parameters based on balance and drawdown strategies.
• Trading Insights: Detailed statistics and performance metrics.
• User Interface: Intuitive GUI with tooltips and easy saving/loading of settings.
• Position Customization: Adjust positions directly from the chart.
• On-Chart Buttons: Quick controls for closing positions and cancelling orders.
• Advanced Spread Handling: Trade at candle prices or factor in spread fluctuations.
• Invisible Trades: Hide orders from brokers to avoid stop loss hunting.
• Stop Loss Protection: Fixed stop loss sizes with minimum and maximum limits.
• Trade Limits: Maximum lot size cap and equity stop level.
• Broker Limit Bypass: Bypass broker's maximum lot size limit.
• Hotkeys: Quick actions for setting positions to break-even, cancelling orders, and more.
• Trade Notifications: Sound alerts for entry, stop loss, take profit, and missed orders.
• Local Trade Copier: Synchronize trades across multiple installations with customizable risk settings.

Trade Execution

• Enter trades easily with one-click by defining entry and stop loss prices on the chart.
• Automatically calculate lot sizes based on your risk settings.
• Handle multiple positions simultaneously.

Flexible Trade Management

• Set flexible partial take profit levels with specific risk-to-reward (RR) ratios.
• Employ trailing by RR stop losses for advanced trade management.
• Automatically move to break-even or use MA-based close for dynamic trailing stop losses.

Adaptive Risk Management

• Seamlessly adjust risk parameters using the Adaptive Risk Management Formula Language.
• Tailored for both balance and drawdown-based strategies.

Trading Insights

• Dive into detailed statistics, from basic account info to performance metrics and trading details.

User Interface

• A user-friendly GUI with in-built tooltips for added guidance.
• Easy saving/loading of settings.

Position Customization

• Adjust and customize all positions directly from the chart by dragging the lines.

On-Chart Buttons

• Quick controls for partial/full closing of positions and cancelling pending orders.

Advanced Spread Handling

• Trade at candle prices with the 'Ignore Spread' mode.
• Factor in a specific amount of spread to protect against fluctuations with the 'Spread Factor' mode.

Invisible Trades

• Hide all orders, including market orders, entry, and stop losses, from your broker with the 'Spread Ignore' and 'Spread Ignore: Invisible' modes.

Stop Loss Protection

• Use a fixed stop loss size for enhanced risk management.
• Establish minimum and maximum stop loss size limits to ensure your stop loss never goes below or exceeds certain thresholds (ATR or Pips/Points).

Trade Limits

• Maximum lot size cap and equity stop level.

Broker Limit Bypass

• Bypass the broker's maximum lot size limit.

Hotkeys

• Implement quick actions such as setting positions to break-even, cancelling orders, switching order types, or closing all open positions.

Trade Notifications

• Receive sound alerts for entry, stop loss, take profit, and when stop pending orders are missed due to price reversals.

Local Trade Copier

• Synchronize trades across multiple installations with customizable risk settings on each slave.

Compatibility

• Works with custom symbol charts (seconds chart), forex, metals, crypto, and indices.
• Tested on Windows only (non-ARM version).

Conclusion

• Order management is crucial for successful trading, offering features that cater to every level of experience.
• Invest in tools that simplify complex functions and amplify your trading capabilities.