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Powerplay Trade Manager

Find the Right Edition That Fits You
Scalperology Ai MT5
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
30-Day Profit: 42.13%
7-Day Profit: 38.92%
Support: 24х7 via Telegram
Profit EA🚀
Breakopedia Ai MT5
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
XAU/USD
XAG/USD
XBT/USD
30-Day Profit: 34.79%
7-Day Profit: 26.8%
Support: Developer
Profit EA🚀

Overview of Powerplay Trade Manager

  • The Powerplay Trade Manager is an advanced trading tool designed to assist Forex traders in managing their trades efficiently.
  • It features a comprehensive dashboard that displays open trades, drawdown and profit information, lot sizing, and risk management strategies.
  • By using this manager, traders can avoid over-leveraging and ensure they're not taking conflicting positions on the same currency.
  • Core Features

  • Open Trades Overview: Easily view all current open trades sorted by currency pair, along with directional bias on each position.
  • Drawdown & Profit Tracking: Check the drawdown or profitability instantly to identify trades that require close management.
  • Exposure Management: Assess the directional bias on each currency to prevent conflicting trades on multiple pairs.
  • Performance Metrics

  • Account Details: Quickly view balance, equity, and margin details to assess overall performance.
  • Risk Management Tools: Gain insights into max drawdown and risk for the day, ensuring compliance with trading limits.
  • Total Profit Forecast: See potential profit across all trades hitting their take-profit targets.
  • Alerts and Notifications

  • Custom Alerts: Set alerts for various metrics such as reaching daily profit targets or when a drawdown hits specific levels.
  • Profit Target Over-Run Notifications: Track how much over the daily profit target you currently are, helping in managing positions effectively.
  • Compatibility with Other Trading Strategies

  • The Powerplay Trade Manager integrates seamlessly with manual trading as well as automated strategies.
  • It can work alongside various Expert Advisors (EAs) without hindering their performance, providing a robust management layer.
  • Limitations

  • The tool is designed specifically for Forex pairs and will not support indices or commodities that use single tickers.
  • It is necessary to ensure that only one Expert Advisor runs per chart due to Metatrader's limitations.
  • Conclusion: A Must-Have Tool for Forex Traders 🚀

  • The Powerplay Trade Manager stands out as a critical tool for any trader looking to enhance their workflow and efficiency. 🤑
  • Whether you are new to Forex or an experienced trader, this manager simplifies complex trading operations into manageable tasks, ensuring you're well-equipped to navigate the market challenges.