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Suggestion Good Profit manager for scalping or any type of trading

Andy4Rum

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Hey all,

Summer is quite slow down everything. Anyway, I'd love to share tool that I like by my own and use mostly on scalping style (quite rare lately) - but I'm sure some of you will definetly love the idea.

Ideas is to manage all open trades by summary profit. You can set Profit target as well as Loss target. More over, you can set up alert at any percent of desired profit - just to be informed about current situation.

GOOD THING: you can set it for all open trades, or use EXACT magic. That's what I really like! I used it for scalping on exact tool (placed trades from panel with unique magic) and this device helped me to manage just orders made by that tool. AWESOME.

EPM is FREE tool, you can use it as you wish. By default it has 10k for loss/profit JUST TO AVOID closing your trades (targets are too high). So, as soon as you install it - set your own levels.

settingprofitmanager2.gif


Original source: https://eliteit4u.com/epm.htm

Both files are attached. (pdf & ex4)
 

Attachments

Hey Andy , How are you doing , Can you add sell bottom and buy bottom , so it can be back test as far as it can , and forward test , when an indicator signal call sell the trader can hit sell bottom vs if the indicator signal call buy the trader can hit buy bottom . multiplier ( 1, .. to 2 ) pip distant ( how many pips before the ea open another martingale trade ) and continue bottom , ( if the 1st time buy it will continue buy again till it stop by the trader ) The ea will be a blind profit manager same as these one but more input .

Best

Mark3

Hey Mark

Nice to hear from you. Could it be that G&M tool will be the one you wish?
Check it here: https://eliteit4u.com/gm.htm

chart_examplegm1.png


Should I post that tool as a new thread? It's quite good for Martingale/Grid lovers.
Any ideas?
 
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