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Uber Trade Manager
2 posts

Overview of Uber Trade Manager

Uber Trade Manager is a comprehensive tool designed to simplify and enhance the trading experience for both novice and experienced traders. It offers a centralized interface for trade execution and management, allowing users to plan, take, and manage trades efficiently. The tool is particularly beneficial for Forex trading and certain commodities and indices, depending on the broker.

Key Features

  • One panel to plan, take, and manage trades
  • Set risk from percentage of current equity, monetary value, or volume
  • Automatic adjustment of TP lines in accordance with Entry price and Stop loss
  • Instant alerts based on current market price of risk and risk-to-reward
  • Dropdown list of all open trades for easy access
  • Three levels of partial take profit, each with its own percentage

Advanced Charting and Order Management

Uber Trade Manager Plus includes advanced charting utilities that automatically assign colors to timeframes, add labels, price tags, and arrows with a single click. It also features an active Crosshair and shortcuts for labels, making it easier to analyze and execute trades.
  • Assign one color to one timeframe
  • Add labels, price tags, and arrows in one click
  • Extend objects for support and demand drawing
  • Active Crosshair all the time
  • Shortcuts for labels

Risk Management

Uber Trade Manager excels in risk management by allowing traders to set their risk-to-reward ratio and get informed of their risk-to-reward simply by dragging TP, SL, and Entry price lines. The tool automatically adjusts TP lines based on the Entry price and Stop loss on the chart.
  • Set risk from percentage of current equity, monetary value, or volume
  • Automatic adjustment of TP lines
  • Instant alerts based on current market price of risk and risk-to-reward

Trade Execution and Management

The tool simplifies trade execution and management by providing real-time updates on trade status, setting multiple take profit levels, and allowing users to take live actions. It eliminates any order type that does not fit the current on-chart trade configuration.
  • Real-time updates on trade status
  • Set multiple take profit levels
  • Eliminate incompatible order types

User Experience

Uber Trade Manager is designed with a user-friendly interface that guides traders through the process of planning and executing their first trade. The intuitive design requires minimal input parameters, making it accessible for traders of all levels.
  • User-friendly interface
  • Minimal input parameters
  • Intuitive design

Conclusion

Uber Trade Manager is a powerful tool that combines advanced features with a user-friendly interface to enhance the trading experience. Whether you are a novice or an experienced trader, this tool offers the functionalities needed to manage trades efficiently and effectively. ๐Ÿš€๐Ÿ“ˆ