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Signal Multiplier MT5

Overview of Signal Multiplier MT5

  • The Signal Multiplier MT5 is not just any ordinary lot size multiplier; it's a comprehensive tool designed to multiply the lot sizes of trades generated by expert advisors or manual inputs.
  • This EA actively monitors your trades and can provide notifications through email and push alerts for every original and multiplied trade.
  • One of its standout features is the ability to close all open trades automatically when an emergency equity level is hit, initiating hedging for new trades. 🚨

Key Features

  • Multiplies lot size for trades from EAs or manual inputs smoothly without complicated settings.
  • Allows for copying of take profit and stop loss levels from original trades.
  • Includes an option to set minimum and maximum lot sizes for copied trades based on the symbol or account level.
  • Features emergency management options to protect your account by closing all trades when thresholds are met. πŸ›‘οΈ
  • Compatible with MQL5 VPS for seamless operation.

Trade Management

  • The EA offers synchronized closure, which means multiplied trades can be closed alongside original trades to maintain order and management efficiency.
  • It also allows traders to apply their custom take profit, stop loss, break-even, and trailing stop settings for better control.
  • Includes flexibility with options for fixed lot sizes or multiplier settings based on risk preferences.

User Experience and Feedback

  • Users have reported a high satisfaction rate, with many praising its efficiency and the real-time notifications that keep them updated.
  • The demo version allows users to evaluate its functionality for a limited time, thus encouraging traders to explore before committing.
  • Major updates and improvements are continuously rolled out, ensuring that the EA remains relevant and effective. 😊

Considerations

  • As community guidelines evolve, future restrictions may limit the capability to multiply signal subscription trades. Thus, adapting to changes is crucial.
  • Always exercise caution when selecting lot sizes and conducting trades to avoid overshooting your account limits.
  • Importantly, this tool requires a reliable internet connection, particularly when used in volatile markets.

Curious whether the Signal Multiplier MT5 is a game-changer or just another overhyped tool? This article will dissect its functionalities, compare it with top trading bots like the EASY series, and bring you real trader insights to help you navigate your trading journey successfu ...

Release Date: 21/06/2017