Trading Keys MT4

Overview of Trading Keys MT4

• Trading Keys MT4 is an advanced risk calculator designed for Forex traders.
• This tool simplifies risk management for traders, making it easier to set stop loss and take profit levels.
• It offers a user-friendly interface and operates on the MetaTrader 4 platform.

Key Features

• Drag and drop visual lines for customizable stop loss (SL), take profit (TP), and entry levels 🖱️.
• Risk calculations based on account balance and equity percentage per trade.
• Profit protection features including a trailing toggle button.
• Auto break even toggle button that helps manage risk dynamically.
• Special risk calculation for prop firms based on drawdown levels.

Setup Instructions

• To install, add Trading Keys to your chart in the MT4 platform.
• Configure your parameters before saving the chart as the default template 'Default.tpl'.

Usage Guide

• Start a Market order by clicking on 'New'.
• Adjust the SL and TP lines to your desired levels by dragging them on the chart.
• Click the 'GO' button to create the trade.
• Utilize the scalp risk calculator by holding the Shift button while moving your mouse cursor between SL and entry area for lot size determination.

User Feedback

• Rated 4.0 by users, indicating a generally positive reception.
• Testimonials highlight its usefulness for both beginners and experienced traders alike 👍.

Conclusion about Trading Efficiency

• With tools like Trading Keys MT4, traders can enhance their decision-making and risk management.
• While trading can be risky, having the right tools aids in creating smart strategies for potential profits.