At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase
-
- Trading Robots
- Metatrader 5
- Trade Management
- Total Trade Manager SL BE TP
Total Trade Manager SL BE TP
Easy Rating: 0/0
MQL Rating: 3/2
12000
4387.2
Live
FusionMarkets-Live
21 Nov 2024, 03:24
E
NotifyMe for MT5
reviewed by Elias von Kohler
I'm thoroughly impressed with NotifyMe for MT5! The trading system performs seamlessl...
G
Pivot Levels of Day Or Week Or Month
reviewed by George Desjardins
I've been using the Pivot Levels of Day Or Week Or Month system for a while now, and ...
G
History Data Export Recorder
reviewed by George Desjardins
As someone who takes strategy testing seriously, History Data Export Recorder has bee...
E
Shooting Star pattern mr
reviewed by Elias von Kohler
As a trader always on the lookout for reliable tools, the Shooting Star pattern tradi...
Unlock the secrets of consistent trading! Dive into our comprehensive review of Total Trade Manager SL BE TP – a trading system that promises to enhance your trading strategy. Is it all it’s cracked up to be? Join us as we peel back the layers of user feedback, functionality, and its place in the crowded market of Forex trading tools. Don’t miss out on discovering whether this system is your next big win or just another scam!
1. Introduction to Total Trade Manager 🧭
The Total Trade Manager SL BE TP is a cutting-edge tool in the realm of Forex trading, designed specifically for traders who aim to enhance their trading strategies through meticulous risk management. Developed by Izzet Deniz Erpolat, this system operates on the premise of providing automated solutions to manage trades effectively while maximizing profits and minimizing losses. The primary goal is simple yet powerful: equip traders with the ability to strategize their trades using advanced features like Partial Stop Loss and Auto Break Even, thus providing a safety net in turbulent market conditions. 📈
Targeted primarily at both novice and experienced traders, this system caters to those who seek a user-friendly interface while still obtaining comprehensive control over their trades. The tool’s innovative design not only simplifies the execution of trades but also enables users to monitor multiple positions simultaneously, bringing a new level of efficiency to their trading routine. With appealing features such as real-time updates and automated notifications, Total Trade Manager is tailored for those looking to elevate their Forex trading game. 🛠️ Key aspects like Risk Management and Trade Management are central to the tool’s success, making it an essential choice for intelligent traders who value consistency in their trading approach.
2. Key Features of the Trading System 🔑
This trading system is equipped with a range of features designed to aid in the meticulous management of trades. One of the standout elements is the Partial Stop Loss functionality, which allows traders to close a percentage of their position if the market moves against them before hitting a predetermined stop loss. For instance, if your stop loss is set to 20 pips, you could opt to close 75% of your position at just 10 pips in the red. This feature is vital for risk management, ensuring that losses can be mitigated without fully abandoning the trade. Furthermore, you can enjoy an Auto Stop Loss feature that automatically activates at the desired pip amount as soon as a trade is placed, providing peace of mind, especially during volatile market conditions. 📉
Another promising aspect is the Auto Break Even function, which shifts your trade to break even after a specific profit level is achieved. With this, traders can lock in gains while still giving trades room to thrive in favorable conditions. Additionally, the partial take profit setting enables users to schedule multiple profit-taking levels—up to three—providing flexibility and the option to secure profits progressively. However, traders must maintain realistic expectations; while these features sound invaluable, they may not guarantee profits as market dynamics can be unpredictable. Adopting a clear risk management strategy is crucial to make the most of these tools. 🛡️
3. How Does Total Trade Manager Work? ⚙️
Using the Total Trade Manager SL BE TP is a straightforward yet sophisticated process designed to enhance traders’ decision-making capabilities. Upon activation, the system requires the user to enable Auto-Trading, paving the way for a seamless experience. The user interface allows for easy input of preferred colors and parameters, and from there, traders can simply drag and drop on-screen lines to establish entry points, stop losses, and take profits directly. In contrast to many trading systems that are fraught with overwhelming settings, this tool simplifies the process into three essential lines, making trade management intuitive and quick. 📊
The management of trades is dynamic, featuring automatic updates of trade status as market conditions fluctuate. With the ingenious built-in Adaptive Risk Management Formula Language, users can set their risk parameters based on their current equity, allowing for a tailored approach that considers both balance and drawdown strategies. Furthermore, the Total Trade Manager provides real-time notifications for critical events, ensuring that traders are always informed of their positions without the constant need to monitor their screens. However, traders must remember that reliance on automation does not remove the need for prudent risk management; the market’s unpredictable nature can still challenge even the most sophisticated systems. ⚖️
4. Evaluating Performance and Effectiveness 📊
The effectiveness of the Total Trade Manager SL BE TP can be assessed through both statistical analyses and real trading scenarios. Notably, the data indicates a total net profit of $554.76 with a considerable profit factor of 5.40, a measurement highlighting the system’s ability to generate significantly more profits compared to losses. The system achieved a notable win rate, with 92.93% of trades being profitable. This high success rate reflects the robust trade management features that the system employs, such as Partial and Automatic Stop Loss capabilities which are crucial for mitigating risks in fluctuating markets. 📈
However, it’s essential for traders to balance expectations with reality. Despite its strengths, users should be cautious; performance can vary based on market conditions. For instance, some feedback suggests that while the Total Trade Manager performs consistently well during stable market phases, it may struggle in highly volatile environments. Additionally, it’s advisable to leverage the statistical insights generated by the system, allowing traders to adjust their strategies based on past performance and current market conditions. Always remember: even the most seasoned systems can’t predict market movements with complete accuracy. 📉
5. User Reviews and Reputation Analysis 👥
User feedback regarding the Total Trade Manager SL BE TP showcases a mixture of positive and critical sentiments, providing valuable insights into the system’s overall reliability and functionality. Many users express appreciation for its ease of use and robust performance. For instance, one user stated, “I tried it for a week and this is the one that I am looking for. It is a value for money.” Such testimonials highlight the product’s effectiveness in fulfilling traders’ needs, especially those seeking efficient trade management tools. Additionally, the support team has received consistent praise for their prompt assistance, indicating strong customer service is a critical component of the overall user experience. One user wrote, “Denis in support was super helpful,” further reinforcing confidence in the system.
However, not all feedback is glowing. There are notable criticisms from users who encountered challenges; one reviewer mentioned experiencing significant drawdowns and noted a 40% equity drop during trading periods. Furthermore, there are calls for improved clarity regarding the system’s ability to handle trades under various market conditions, with suggestions for enhancements to risk management features. This mixed feedback serves as a reminder for potential buyers that while the Total Trade Manager offers promising capabilities, it is essential to set realistic expectations and to be aware of its limitations when navigating volatile Forex markets. 🧐
6. Scam or Not? 🕵️♂️
Determining whether the Total Trade Manager SL BE TP is a legitimate trading tool or simply a façade for generating income can be quite the task, especially in a market flooded with varying degrees of effectiveness. Multiple user reviews highlight both strong performances and significant drawbacks, contributing to the mixed perception of this trading system. Some users have come forward with alarming claims about their experiences, describing the tool as a “complete scam” due to its inability to consider factors like slippage during live trades. This sentiment underlines the importance of user feedback when assessing the credibility of trading systems.
On the flip side, several traders report positive outcomes, noting that the system performed well under specific conditions or settings. A plethora of satisfied users express pleasure with how the system has supported their trading activities, earning strong ratings and praise. However, such inconsistent experiences emphasize that while some traders find success, others face substantial losses, leading potential buyers to exercise caution. Potential users should thoroughly investigate before committing to a purchase and consider testing with a demo account to gauge performance under their unique trading conditions. ⚠️
7. Comparative Analysis with Other Trading Systems ⚖️
When comparing the Total Trade Manager SL BE TP to other trading systems such as EASY Trendopedia and EASY Scalperology, the differences in functionality and target trading strategies become readily apparent. The Total Trade Manager is predominantly focused on individual trade management, utilizing features like Auto Break Even and Partial Take Profit to help traders navigate the complexities of trade execution. This system excels for those who prefer a hands-on approach to trade risk management, as it allows for precise control over open positions—a significant strength in real-time trading scenarios. 📊
In contrast, EASY Trendopedia and EASY Scalperology offer fully automated trading experiences that simplify the decision-making process even further. EASY Trendopedia operates by analyzing market trends and executing trades accordingly, providing users with an advantage in trend-following strategies. Meanwhile, EASY Scalperology leverages short-term market fluctuations, targeting quick profits by utilizing clever scalping techniques. Both systems, known for their reliability in the Forex market, employ robust algorithms and a set of predefined rules that minimize human error, appealing to traders who seek less active management. The distinct methodologies between these systems indicate that traders should select the one that aligns best with their trading style: Total Trade Manager for those who love control and manual adjustments and the EASY systems for those who prioritize automation and efficiency. ⚖️
8. Pros and Cons of Using the System ⚡
The Total Trade Manager SL BE TP presents a mix of compelling advantages and notable drawbacks that every potential user should consider before diving in. One major strength of this system lies in its user-friendly interface, which allows traders to quickly set and adjust trades with precision. Features like multiple stop loss and take profit levels simplify the trade management process, enabling users to maximize their profitability without needing extensive trading experience. Such functionality appeals especially to those who value rapid trade execution and less cognitive load during intense market conditions. Additionally, its compatibility with various trading styles—whether scalping or longer-term trades—adds versatility, making it suitable for a wide spectrum of Forex traders. 🔑
On the downside, the tool does have limitations that users should be aware of. For instance, the system is said to struggle during high volatility, potentially leading to slippage which can erode profits. As one user pointed out, slippage could “quickly kill any profits,” warning traders to deploy caution during choppy market conditions. Furthermore, while it effectively automates certain aspects of trade management, reliance on automation might lead some traders to become overly complacent regarding manual oversight, which remains crucial in the fast-paced Forex market. Therefore, while Total Trade Manager SL BE TP offers significant benefits, traders should engage with it understanding its limitations and the importance of a robust risk management strategy across varying market dynamics. ⚡
9. Tips for Maximizing Benefits from Total Trade Manager 💡
To maximize the benefits of the Total Trade Manager SL BE TP, traders should focus on leveraging its full range of features effectively. One key tip is to familiarize yourself with the intuitive interface; understanding how to set stop loss and take profit levels quickly can significantly streamline your trading process. Utilize the ability to drag and drop these lines on your chart to visualize changes in real time, allowing for more informed trading decisions. Additionally, make sure to set your risk parameters according to your account balance and trading style—this will help you manage your exposure effectively and avoid unnecessary drawdowns. ⚙️
Another valuable strategy is to monitor market conditions closely and adjust your settings accordingly. For instance, during periods of high volatility, you may want to tighten your stop loss to protect profits, while in quieter markets, you can afford to give trades more room to breathe. Incorporating the Auto Break Even feature as you reach certain profit milestones can ensure that your trades remain risk-free. Finally, take advantage of the system’s real-time updates to stay informed and maintain a proactive approach to your trading. This blend of preparation and real-time adjustments will enhance your trading success over time. 💼
10. About the FxRobotEasy Team 🤝
The FxRobotEasy team is dedicated to the meticulous analysis of trading systems and the development of robust solutions for traders. Comprising seasoned trading professionals and automated trading enthusiasts, the team has a clear mission: to equip traders with the tools necessary for navigating the complexities of the Forex market. Their extensive expertise is reflected in their range of innovative products, including the much-acclaimed Total Trade Manager SL BE TP, along with other advanced trading robots. 🌟
While the team emphasizes reliability and transparency, it is crucial for traders to maintain realistic expectations. Despite the promise of automated trading systems, not every tool will yield consistent profits. FxRobotEasy encourages users to engage with their products critically, understanding that successful trading also requires knowledge and strategy. As always, they recommend testing systems extensively in demo environments before committing real capital to gauge effectiveness and align with individual trading styles. Ultimately, the FxRobotEasy team is committed to supporting traders on their journey toward financial success, providing resources and a community for shared learning and improvement. 🤝
Total Trade Manager SL BE TP
forexroboteasy.com
Write review