Auto Trade Management Pro

<<AUTO TRADE MANAGEMENT PRO>>

Auto Trade Management Pro is an additional function that helps traders get more edge compared to other traders when trading the same signal in telegram channels. Read this part carefully to deeply understand all the functions so that you can use this function wisely and flexibly to keep your profit.

<Stop Trading>

<Stop Trading>: The default value is “false”. Set as “true” if you want the EA to do the “Stop Trading” function when any below condition is met.

__If the Number of Open Orders is more than: Input a number value. If the total number of all open orders is greater than this value, the EA will stop trading until the total number of open orders is less than or equal to this value.

For example, the default value is “100”, which means if the total number of currently open orders is greater than 100, the EA will not open any new order until the total number is less than 100.

__If Account Balance is less than (currency): Input a number value. If the account balance is less than this value, the EA will stop trading until the account balance is greater than or equal to this value.

For example, the default value is “0”, which means the EA will always open a new order if the broker allows it. If you set a value as “1000”, the EA will don’t open any new order until your account balance is equal to or greater than 1000.

<Pause Trading>

<Pause Trading>: The default value is “false”. Set “true” if you want the EA to do the “Pause Trading” function when any below condition is met. The EA will resume trading on the next day.

__If Total Currency Loss per day is more than (currency): Input a number value. If the money loss value in a day is greater than this value, the EA will pause trading and resume trading on the next day.

For example, the default value is “1.000.000”, if your total currency loss value in a day is greater than 1.000.000 (the negative profit value is less than -1.000.000), the EA will don’t open any new order on that day. And on the next day, the currency loss value is reset to a value “0”, then the EA will be able to open a new order.

__If Total Percent Loss per day is more than (%): Input a number value. If the percent loss in a day is greater than this value, the EA will pause trading and resume trading on the next day.

For example, the default value is “100”, which means the EA will always open a new trade because it has to be lost 100% money to make the EA stop trading. If you set this value as “50”, which means if your total loss value in a day is more than 50%, the EA will not open any new order. And on the next day, the percent loss per day value is reset to value “0” and the EA will be able to open a new order.

<Auto Close all Opposite Orders>

<Auto Close all Opposite Orders> when an order is opened: If you set this value as “true”, the EA will automatically close all open buy orders of a symbol if there is any new sell order of the symbol is opened, and vice versa.

<Auto Close all Orders>

<Auto Close All Orders>: The default value is “false”. Set this value as “true” if you want the EA to do the “Auto close all open orders” function if any below condition is met.

__If Total Loss (currency): Input a number value, if the total loss of all open orders is more than this value, the EA will close all open orders.

For example, the default value is “1.000.000”, which means if the total loss of all open orders is more than 1.000.000 (less than -1.000.000), the EA will close all open orders.

__If Total Win (currency): Input a number value, if the total win of all open orders is more than this value, the EA will close all open orders.

For example, the default value is “1.000.000”, which means if the total win of all open orders is more than 1.000.000 (more than +1.000.000), the EA will close all open orders.

__At times (hh:mm;hh:mm;…) (MT4 computer time): Input values of hours and minutes in format "hh:mm;hh:mm;… ".

For example, you can input the value as “09:30;2 ”, which means the EA will close all open orders at 09:30 AM and 09:30 PM.

__On days (Mon;Tue;Wed;Thu;Fri;Sat;Sun) (MT4 computer time): Input values of week day in format "Mon;Tue;Wed;Thu;Fri;Sat;Sun".

The EA will close all open orders at these times and week days base on computer times (the times of desktop, laptop, VPS running MT4 application).

If your local time GMT is different from MT4 computer time GMT and you have set value for “Your local time (GMT) – MT4 computer time (GMT)” parameter in the “Change to your Local time” function, you can input your local time values (your real times) here to make the EA close all open orders in your local times (your real times).

<Auto Close all Buy/Sell Orders of all Symbols>

*The “Auto Close all Buy/Sell Order of all Symbols” parameters*

<Auto Close all Buy/Sell Orders of all Symbols>: The default value is “false”, set “true” if you want the EA to close all buy/sell orders of all symbols if any below condition is met.

__If Total Buy/Sell Loss of all Symbols (currency): Input a currency number value.

If the total loss of all buy orders of all symbols is more than this value, the EA will close all buy orders.
If the total loss of all sell orders of all symbols is more than this value, the EA will close all sell orders.

__If Total Buy/Sell Win of all Symbols (currency): Input a currency number value.

If the total win of all buy orders of all symbols is more than this value, the EA will close all buy orders.
If the total win of all sell orders of all symbols is more than this value, the EA will close all sell orders.

<Auto Close all Buy/Sell Orders of a Symbol>

<Auto Close all Buy/Sell Orders of a Symbol>: The default value is “false”, set “true” if you want the EA to close all buy/sell orders of a symbol if any below condition is met.

__If Total Buy/Sell Loss of a Symbol (currency): Input a currency number value.

If the total loss of all buy orders of a symbol is more than this value, the EA will close all buy orders of this symbol.
If the total loss of all sell orders of a symbol is more than this value, the EA will close all sell orders of this symbol.

__If Total Buy/Sell Win of a Symbol (currency): Input a currency number value.

If the total win of all buy orders of a symbol is more than this value, the EA will close all buy orders of this symbol.
If the total win of all sell orders of a symbol is more than this value, the EA will close all sell orders of this symbol.

<Auto Close an Order>

<Auto Close an Order>: This function is also called as “Hidden Stop loss & Take profit” function. The default value is “false”, set “true” if you want the EA to close an open order if any below condition is met.

__Max Loss (currency): Input a currency number value. If the total loss in currency of an open order is more than this number, the EA will close this order.

For example, the default value is “1.000.000”, which means the EA will close any order having currency loss be more than 1.000.000 (negative currency profit < -1.000.000).

__Default Max Loss for all symbols (pips): Input a pip number value. If the total loss in pip of an open order is more than this number, the EA will close this order.

For example, the default value is “100”, which means the EA will close any order having pip loss be more than 100 pips (negative pip profit < -100 pips).

__Private Max Loss for each symbol (Symbol:Pips;…): Input value with a format “Symbol:Pips;…” if you want to define different max loss pip values for different symbols.

For example, the default value is “EURUSD:100:GBPUSD:80” which means:

If any EURUSD order having a loss pip profit < -100 pips, the EA will close this EURUSD orders,
And if any GBPUSD order having a loss pip profit < -80 pips, the EA will close this GBPUSD order.

__Max Win (currency): Input a currency number value. If the total win in currency of an open order is more than this number, the EA will close this order.

For example, the default value is “1.000.000”, which means the EA will close any order having currency profit be more than 1.000.000 (positive currency profit > +1000000).

__Default Max Win for all symbols (pips): Input a pip number value. If the total win in pip of a symbol is more than this number, the EA will close this order.

For example, the default value is “100”, which means the EA will close any order having pip win be more than 100 pips (positive pip profit > 100 pips).

__Private Max Win for each symbol (Symbol:Pips;…): Input value with a format “Symbol:Pips;…” if you want to define different max win pip values for different symbols.

For example, the default value is “EURUSD:100:GBPUSD:80” which means:

If any EURUSD order having a win pip profit > +100 pips, the EA will close this EURUSD order,
And if any GBPUSD order having a win pip profit > +80 pips, the EA will close this GBPUSD order.

<Auto Close Partially an Order>

The EA will automatically close partially an order if the order profit value reaching “Win Pips value” or “Reward/Risk Ratio value” (read more in below parameters).

<Auto Close Partially an Order>: The default value is “false”, set “true” if you want the EA to do “Auto Close Partially an Order” event if any below condition is met.

__Partial Close Lot (%): Input a number value. The EA will calculate a close lot size value to close any order that meets the below condition.

For example: The default value is “50”, which means the EA will close 50% lot size of an order. If an order’s lot size is 0.1, the EA will close 50% lot size = 0.05 lot of the order (50% x 0.1 = 0.05).

__After reaching: You can choose a “Win Pips value below” option or a “Reward/Risk Ratio value below” option. You will need to give the option’s value in the below “Value” parameter.

____Default value for all symbols: Input a number value for all symbols.

For example #1, the default value of the “After reaching” parameter is “Win Pips value below”, and the default value of the “Default value for all symbols” parameter is “40”, which means if an order has a positive profit be equal to or more than 40 pips, the EA will close partially this order.

For example #2, if you set value for the “After reaching” parameter as “Reward/Risk Ratio value”, and set value for the “Default value for all symbols“ parameter as “1.5”, which means if an order has a positive currency profit or pips profit with Reward:Risk = 1.5:1, the EA will close partially this order. Please notice that the value in the “Default value for all symbols” parameter in this function is the Reward:Risk ratio (not Risk:Reward Ratio or RRR).
Also in this case: If an order has a stop loss price at -20 pips, the EA will close partially this order if the order’s profit reaches 30 pips (Reward: Risk = 30:20 = 1.5: = 1.5).

____Private value for each symbol (Symbol:Value;…): Input values for each symbol in many symbols. This parameter helps you set values for many symbols in a structure “Symbol1:Value1;Symbol2:Value2…”

<Auto Break-Even>

“Auto Break-Even” function that the EA will change the order’s stop loss value to the order’s open price value (do break-even) when a condition is satisfied.

For example, there is an opening buy order EURUSD with the open price: 1.17800, and stop loss: 1.16800. When the market price is 1.18800, the EA will automatically change the order’s stop loss value from 1.16800 to 1.17800. This action is called a Break-Even.

<Auto Break-Even>: The default value is “false”, which means the EA will not automatically do the “Break-Even”. If the value is “true”, the EA will check the values in the next below parameters’ values (below) to do “Break-Even”.

__Break-Even add pips (pips): Add extra pip value to get a positive profit rather than 0 profit to cover the fees of slippage, commission, swap...

____Default value for all symbols: Input a number value for all symbols.

For example #2, if you set value for the “After reaching” parameter as “Reward/Risk Ratio value”, and set value for the “Default value for all symbols“ parameter as “1.5”, which means if an order has a positive currency profit or pips profit with Reward:Risk = 1.5:1, the EA will do break-even this order. Please notice that the value in the “Default value for all symbols” parameter in this function is the Reward:Risk ratio (not Risk:Reward Ratio or RRR).
Also in this case: If an order has a stop loss price at -20 pips, the EA will do break-even this order if the order’s profit reaches 30 pips (Reward: Risk = 30:20 = 1.5: = 1.5).

<<Auto Trailing Stop loss>>

“Auto Trailing Stop loss” function is a function that the EA will automatically move a buy order’s stop loss to a higher price, or move a sell order’s stop loss to a lower price at a step of “Trailing Step (pips)” value when the order has a positive profit and the pips difference between the current market price and the order’s stop-loss price is more than “Default Trailing pips for all symbols (pips)” value or “Private Trailing pips for each symbol” values.

<Auto Trailing Stop loss>: The default value is “false”, set “true” if you want the EA to do the “Auto Trailing Stop loss” function.

__Only Trailing Stop loss after Break-Even: The default value is “false”, which means the EA always does trailing stop events for all open orders.

If you set this value as “true”, the EA only do the “Auto Trailing Stop loss” for:

Any open buy orders having a stop loss value equal to or greater than the open price value.
And any open sell orders having a stop loss value equal to or lower than the open price value.

__Default Trailing pips for all Symbols (pips): Input a number value. The EA will do the “Auto Trailing Stop loss” when the pips difference between the current market price and the order’s stop-loss price value is greater than this value.

For example, the default value is “40”, which means the EA will do the “Auto Trailing Stop loss” when the order has a positive profit and the pips difference between the current market price and the order’s stop-loss price value is greater than 40.

__Private Trailing pips for each Symbol (Symbol:Pips;…): Input value here if you want to define different trailing pips values for different symbols.

For example, if you input value as “EURUSD:30;GBPUSD:40”, which means the EA may do the “Auto Trailing Stop loss” when the order has a positive profit and:

The pips difference between the current market price and the order’s stop loss price value is greater than 30 pips for EURUSD orders.
The pips difference between the current market price and the order’s stop loss price is greater than 40 for GBPUSD orders.

__Trailing Step (pips): Input a number value. The EA does the “Auto Trailing Stop loss” function, it will move the order’s stop-loss price value to:

A higher price value = current stop-loss price value + “Trailing Step (pips)” value for buy orders.
A lower price value = current stop-loss price value – “Trailing Step (pips)” value for sell orders.

For example, the default value is “5”, which means when the EA does the “Auto Trailing Stop loss” function, it will move the order’s stop-loss price value to:

A higher price value = current stop-loss price value + 5 pips for buy orders.
A lower price value = current stop-loss price value – 5 pips for sell orders.

<Auto Move SL to next TP levels>

“Auto Move Stop loss to next levels” function is very useful when you trade signals with multi-take profit levels, or when you have many open orders with the same stop-loss price value and different take profit price levels.

<Auto Move Stop loss to next levels>: The default value is “false”, set “true” if you want the EA to do the “Auto Move Stop loss to next levels” function.

When the TP1 value is reached and the order with TP1 is closed, the EA will move all the rest orders’ stop-loss prices to the open price value. When the TP2 is reached and the order with TP2 is closed, the EA will move all the rest orders’ stop-loss price to TP1 price value. When the TP3 is reached and the order with TP3 is closed, the EA will move all the rest orders’ stop-loss price value to the TP2 price value. And so on… The EA supports unlimited TP levels.

__Not do Break-Even at Take profit 1: The default value is "false" which means the EA will do a break-even - move stop loss to the entry value when the order gets take profit 1. If you don't want to do this job, set the value as "true".

__Do Break-Even at Take profit 2: The default value is "false". Set it as "true" if you want the EA do a break-even when the order gets take profit 2.