Forex Trade Manager - Lot Size Calculator - Risk Reward Ratio Tool - MetaTrader (MT5 / MT4)
MetaTrader Forex EA Trade Manager for MT5 and MT4 is an advanced tool that allows you to easily plan each transaction and manage them effectively. Using this tool, you can implement advanced money management in your trading in Forex, Futures or Cryptocurrencies. When you have the risk under control you are able to pass your Proprietary Trading Firm challenge easily and quickly.
The operation of the program is very simple. Simply open a chart, make a market analysis and mark with horizontal lines on the chart the entry point, defense point (stop loss) and target (take profit) and at the end you define the level of risk, e.g. as a % of available capital, that you are able to bear in this transaction, and the program at this point provides:
* the acceptable transaction size for the defined risk and stop loss size
* Stop Loss and Take Profit values in pips, points and account currency
* risk to reward ratio
In Trade Manager you have the following functions for managing you
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