Panel My Money Manager Demo MT5

Buy My Money Manager Demo MT5 trading application in the store of automated robot systems

My Mon­ey Man­ag­er like a risk con­troller, which places your trades with the exact vol­ume that meets your desired stop loss risk. It can also help you to pre­view your EP/SL/TP lev­els before plac­ing an order by drag­ging these lev­els direct­ly on a chart, and keep report­ing about them dur­ing the posi­tion opening.

With this tool, you will feel more com­fort­able when decid­ing to open orders, as well as fore­cast­ing your profit/loss with your orders. Plac­ing orders is a very pre­cise and pro­fes­sion­al work now.

This tool is the mon­ey man­ag­er part that split from Auto Trade Driver

Note: This demo ver­sion works on CADCHF only. The full ver­sion can be found here: My Mon­ey Man­ag­er MT5

Highlight Features

  • Cal­cu­late exact­ly the vol­ume that meets your desired stop loss risk (% of bal­ance), includ­ing the com­mis­sion fee charged by a broker.
  • Allow drag-and-drop EP/SL/TP lev­el direct­ly on a chart to pre­view before plac­ing orders.
  • Pro­vide one-click-trad­ing for all types of orders.
  • Keep report­ing about esti­mat­ed SL/TP lev­els when an order is opening.
  • Real-time con­trol panel.
  • Restore pre­vi­ous set­tings after shut­down or power-off.

Setting Parameters

  • Com­mis­sion Set­ting (Menu): Set how your bro­ker charges com­mis­sion per lot trad­ed. This fac­tor is impor­tant to cal­cu­late the required vol­ume that meets your stop loss risk. 
    • Com­mis­sion Type: This is how your bro­ker charges com­mis­sion. It is “Account cur­ren­cy” if com­mis­sion is charged on account cur­ren­cy unit, and “Base cur­ren­cy” if com­mis­sion is charged on base cur­ren­cy of trad­ing pair.
    • Com­mis­sion Per Lot: The amount of cur­ren­cy units that charged as com­mis­sion for a round turn stan­dard lot. If your broker/account type does not charge com­mis­sion, just leave this val­ue as zero.
  • Sto­ploss Risk: The risk per­cent­age that you accept to lose if stop loss occurs.
  • Est. Loss+Commission: The total loss you will incur at stop loss point. This total loss amount includes order’s loss and order’s commission.
  • Order Type: Choose the order type that you want to take place.
  • Order Com­ment: Note for your order as reg­u­lar MT4 order’s comment.
  • Mag­ic Num­ber: You can enter a cus­tom mag­ic num­ber to iden­ti­fy your order for fur­ther use.
  • Set SL/TP By: Choose how to set Stop loss/Take prof­it point. It is “Price” if you want to set SL/TP by a cer­tain price val­ue, “Dis­tance” if you want to set them by a dis­tance from the entry point.
  • Adjust­ment Step: Increase/Decrease space of the price adjust­ment when using Increase/Decrease arrow button.
  • Stoploss/Takeprofit/Distance: Val­ue to deter­mine the Stop loss/Take prof­it point. Set­ting Stop loss point is manda­to­ry to cal­cu­late appro­pri­ate vol­ume (you may remove Stop loss lat­er if you want, but need to enter a val­ue to cal­cu­late vol­ume and place an order). Leave Take prof­it as zero means set­ting an order with­out take profit.
  • Order Drag­ging fea­ture: When you are set­ting EP/SL/TP on the con­trol pan­el, you will also see that there are hor­i­zon­tal lines with cor­re­spond­ing lev­els on the chart. You can select these lines and drag them to adjust order EP/SL/TP. Due to these lev­els, order type will be auto selected.

My Money Manager MT5 

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