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Trading box Order Management MT5
Overview of Trading Box Order Management MT5
Trading Box Order Management MT5 is a comprehensive tool designed to enhance your trading efficiency and precision. This utility is perfect for traders who need to automate their trading plans, manage orders, and protect against unfavorable market conditions. Let's dive into its core functionalities and features.Key Features
- Lot size calculation by risk percentage
- Total profit and stop loss risk management
- Liquidity detection for order execution
- Automatic enablement of Order Box after price action
- Move stop loss to breakeven and reversal points
- ATR stop loss for open positions
- Pending orders (limit, stop, delete)
- Position close buttons (Full, 50%, 25%)
- Snap Bid function for scalping and live trading
- Supply and demand candle detection
- Quasimodo H&S pattern detection and automated trading
- Breakout market order
Order Management Functions
- Execution at Bid price
- Hidden stop loss and order entry
- Order open spread and time filter
- Total risk and profit of grouped orders
- News spike and opening gap order protection
- Ask price stop loss hunt protection
- Placing orders at closed market
Price Action Automation
- Liquidity trading strategy with 3 OTO orders
- Buy 2nd bottom and sell 2nd top function
- Fakeout automated trading
- Reversal breakout with scale-in levels
- Enable or disable Order Box with lines
- Delete box and remove delete box line
- Quasimodo trading automation
- Pullback entry order
- Moving Order Box with pullback entry
- Cancel price action with Hline
- One Cancels Other (OCO) order
- One Triggers Other (OTO) order
Additional Features
- Change number of orders
- Adjust Order Box risk percentage
- Above and below price alerts
- Font size and color settings
- Default risk reward input parameters
- Partial closes for positions
- Action history visible as arrows on chart
- Account free margin requirement check
- Link with Trading Box Dashboard tool
Lot Size Calculation Methods
- Balance risk percentage
- Equity risk percentage
- Free margin risk percentage
- Fixed lot size
- Fixed cash amount
- Custom balance amount
Why Traders Love It
Trading Box Order Management MT5 is a must-have for scalpers and intraday traders. Its fast execution and efficient management allow traders to book every pip and secure positions with ease. The tool is especially useful for ICT and Smart Money concepts traders, offering daily use for trading order blocks, fair value gaps, and ICT setups. With its intuitive interface and comprehensive features, it ensures your trading plan is executed mechanically without deviation. 🚀📈Protecting Against Market Conditions
This tool offers protection against unfavorable market conditions like opening gaps, news spikes, and huge spreads. It includes various price notifications and price action automation tools to keep traders informed and efficient. Trading Box Order Management MT5 is your go-to utility for a streamlined, efficient, and profitable trading experience. 🌟Oh, the joys of automated trading! Enter the 'Trading box Order Management MT5,' a tool that promises to make your trading life as smooth as a baby's bottom. Developed by Igor Zizek, this utility is packed with features that could make even the most skeptical trader raise an eyeb ...
Release Date: 17/07/2021