TradeWise EA is a straightforward and compact software full of highly effective options. It provides a 30-trades compounding challenge, Efficiency Monitoring, Break-Even Calculation, Automated SR Zones, Danger-Administration, Trailing Cease-loss by ATR or PIPS, Automated Danger-to Reward Ratio based mostly on Cease-loss, Straightforward Order Changes, Calculates Whole Cease Loss and Take Revenue, Automated purchase and promote orders on manually positioned SR Zones, ETC. These options cater to each scalpers and long-term merchants and will be activated with a single click on. If you’d like these options to use to the orders in your MT4 app, set the “All Place” to True. This ensures that each one features will think about your app’s orders and set the TP/SL accordingly, so long as the EA is working in your machine.
TradeWise EA is designed to make buying and selling quick paced, easy, and easy. It should stick with conventional buying and selling strategies and easy UI, making it straightforward for each new and skilled merchants to make use of.
- Efficiency Monitoring: It shows Win Fee, Win/Loss Counts, and Whole PNL, providing you with a transparent overview of your buying and selling efficiency. Run the EA’s Magic Quantity based mostly on date for month-to-month, weekly or every day monitoring.
- Break-Even Calculation: It robotically calculates and shows your break-even level as a line and label, serving to you make knowledgeable choices.
- Support and Resistance Zones: It robotically identifies assist and resistance zones based mostly on every day, weekly, and month-to-month knowledge, offering you with invaluable market insights.
- Danger Administration: It units automated Take-Revenue and Cease-Loss ranges, defending your investments.
- Trailing Cease-Loss Characteristic: It provides a trailing stop-loss function by ATR or PIPS, providing you with extra management over your trades.
- Danger-to-Reward Ratio: It robotically calculates the risk-to-reward ratio based mostly on the stop-loss stage, serving to you handle your danger successfully.
- Straightforward Order Changes: It permits 1-click adjustment of a number of orders TP/SL, making order administration a breeze.
Calculates Whole Cease Loss and Take Revenue: The operate goes by way of all open positions for a specific image and calculates the overall Cease Loss and Take Revenue in USD and displays them immediately in your buying and selling chart. This implies you may see your potential earnings and losses at a look giving you a complete view of potential positive factors and losses, serving to you make knowledgeable buying and selling choices.
Calculates Most Lot Dimension: The operate calculates the utmost lot dimension by dividing the free margin by the margin required for the chosen image and show it on the chart. This provides you a transparent concept of what number of tons you may commerce with out exceeding your free margin.
Candle Countdown: Shows the Candle countdown on the chart.
- Demo is just not engaged on Technique Tester since that is Buying and selling Utility not automated EA.
Danger Disclaimer: These options make the MT4 EA a robust software for fast-paced and long run buying and selling, serving to you to make knowledgeable choices and handle your trades successfully. Keep in mind, whereas EAs can help in buying and selling, they don’t assure earnings. All the time use them as a part of a broader buying and selling technique.