149
Compatible only with

Favorites: 8   Views: 724   Reviews: 3  

The missing brick of ProRealTime! 

At last a tool made-to-mesure that allows you to trade your OWN plans safely, with no stress, without being in front of the screen(s).

The Trade MANAGER includes:

  • instant orders at market or automatic STOP/LIMIT pending orders at desired price
  • set automatically your takeprofit and stoploss with points or ATR with multiple coefficient
  • trailing stop your orders with 2 different styles (details in the complete description below)
  • put orders on breakeven at specified profit
  • partially close your orders at specified profit
  • and more to come! (new orders management will come in future updates)

 

Need another option? Send us @ Meta Signals Pro a request through the contact form below and we will add it.

Report Abuse

What is it about ?

Prorealtime is a fantastic trading tool but what if you want to execute your trade with more options than just a StopLoss and a TakeProfit, but with BreakEvens, specific TrailingStops, execute partialy your position on target?
Unless you are a savvy coder and have time, you cannot do this;

Now with Trade MANAGER©, everybody can.

 

For who?

Anybody who

  • is serious about trading
  • wants to get in control of his/her trading with all the options of an advanced tool without coding
  • and does not want to spend day and night in front of the screens

 

IMPORTANT: for specific development please contact us via the support zone;

 

For which assets?

  • Trade MANAGER is universal and works fine on all assets
  • IMPORTANT: It needs though to be activated on a 1 minute chart

 

Why we made these innovations?

Because as traders,

  • we absolutely needed a tool that allow us to have some flexibility with our trade plans
  • we need to launch sometimes many trades per day to exploit screeners results
  • and you want to see them in one place

 

How does it work?

Here are the steps to launch your Trade MANAGER smoothly:

  • Pick your asset from a Screener or from your own lists
  • We advise you to set up a Multi Timeframe environment
  • Place a 1 minute chart in this Multi Timeframe workspace like hereunder

 

Multi Time Frame Trade MANAGER

 

  • Go into the Strategy section on the  1 minute  chart

 

Settings Trade Manager 2

 

  • Select Trade MANAGER and click on “Prepare for Automatic Trading”

 

Settings Trade Manager 3

 

  • “Edit the code” to put your settings

 

Settings Trade Manager 4

 

  • Enter your settings accordingly to your Trade plan and click on “Prepare for automatic trading”

 

Settings Trade Manager 5

 

  • The program is listed in the strategies in pending status and click on “Start”

 

Settings Trade Manager 6

 

  • Set the maximum contracts that the strategy can launch for protection and click on “Activate the trading system”

 

Settings Trade Manager 7

 

  • Your order is now waiting to be executed and everything will be executed as schedule

 

Settings Trade Manager 8

 

 


Configuration

 

Control Panel Trade Manager

 

Capital: the amount of money of your account, that will be converted in contracts (mandatory for Money Management option and automatic contract size calculation)

 

MoneyManagement: 

  • MoneyManagement = 1 => activates the MoneyManagement (RiskPercent / MinContractSize / MaxContractsize / ContractDecimal) => very much recommanded
  • MoneyManagement = 0 => no MoneyManagement

 

RiskPercent: 

  • this is the maximum percentage of your capital that you accept to loose
  • if your Capital is 10.000€, 2% of risk per trade means you are risking at maximum 200€
  • Good money management set this maximum risk per trade between 0.5% and 2% depending on the configuration of the market

 

MinContractSize / MaxContractSize:

  • allows the calculation of the contractSize when MoneyManagement is activated
  • is a protection from a human mistake
  • MinContractSize is designed to prevent contract size too small for the current asset (minimal contract size depends of the broker)

 

ContractDecimal: adjust this number to fit the MoneyManagement and RiskPercent options

(designed for a better accuracy of contract size calculation to fit the maximum loss percentage of the capital. Can also be changed to fit the setting of the allowed size for the current asset (broker limitation)

 

ContractSize:

  • select cautiously the number of contracts you will trade
  • will work in case of No MoneyManagement activated

 

OrderType: 

  • OrderType = 1 => BUY at market
  • OrderType = 2 => SELLSHORT at market
  • OrderType = 3 => pending BUY
  • OrderType = 4 => pending SELLSHORT

 

QuitAfterOrder: 

  • QuitAfterOrder = 1 => you will be exited as the price reaches either the TakeProfit or the StopLoss
  • QuitAfterOrder = 0 => ATTENTION: you will be not exited as the price reaches the TakeProfit or the StopLoss and the system will take another order if the conditions are met ;

 

BuyLongPrice: the price at which your Pending BUY order will be executed (if current price is above the BuyLongPrice, a LIMIT Order will be used, otherwise a STOP Order).

 

SellShortPrice:  the price at which your Pending SELLSHORT order will be executed (if current price is below the SellShortPrice, a LIMIT Order will be used, otherwise a STOP Order).

 

StopLossPoints: the number of lost points at which the system will exit you (StopLoss are automatically attached to orders in broker orders book).

 

StopLossATR: 

  • StopLossATR = 1 => activates the ATR distance as a StopLoss level when your entry is executed
  • StopLossATR = 0 => no activation of this type of StopLoss

 

StopLossATRmultiple:

  • if the StopLossATR is activated, this variable sets a multiple of the ATR to determine the level of the StopLossATR
  • if for exemple it is set at 1.5 and the ATR is 100 pips, the distance of the StopLoss vs the Entry will be of 150 pips

 

TakeProfitPoints: the number of points in gain that will exit you (TakeProfit are automatically attached to orders in broker orders book).

 

TakeProfitATR: 

  • TakeProfitATR = 1 => activates the ATR distance as a TakeProfit level when your entry is executed
  • TakeProfitATR = 0 => no activation of this type of TakeProfit

 

TakeProfitATRmultiple: 

  • if the TakeProfitATR is activated, this variable sets a multiple of the ATR to determine the level of the TakeProfitATR
  • if for exemple it is set at 1.5 and the ATR is 100 pips, the distance of the TakeProfitATR vs the Entry will be of 150 pips

 

ActiveBreakEven:

  • ActiveBreakEven = 1 => activates the Breakeven Stop
  • ActiveBreakEven = 0 => no active Breakeven Stop

 

BreakEvenTrigger: the number of points the price should gain before your first StopLoss is moved to your Entry price (no loss!)

 

ActiveTrailing: 

  • ActiveTrailing = 1 => active TrailingStop
  • ActiveTrailing = 0 => no active TrailingStop

 

TrailingType

  • TrailingType= 1 => TrailingStop based on a distance in points (classic trailing stop)
  • TrailingType= 2 => TrailingStop based on the MFE (Maximum Favorable Excursion) -> more suitable for fast-moving markets

TrailingStart: the StopLoss will start trailing when the price will reach this amount of points

TrailingStep: the TrailingStop will move after the price gains this amount of points

 

PartialClosure: 

  • PartialClosure = 1 => activates the PartialClosure
  • PartialClosure = 0 => no activation of the PartialClosure

 

PartialClosureTrigger: number of points gained in order to execute a partial closing of the position

PartialClosurePercent: percentage of the position that will be exited as the trigger is reached

3 reviews for Trade MANAGER for ProRealTime

  1. CryptomanMP (verified owner)

    This is a just a very important tool for me and proves these guys are traders to propose it;
    I have lost so much by being impulsive in my trading; now I just stick to the plan and let the machine execute it;
    if you are serious about trading and understand that trading is about money management and letting emotinos out, I can only recommend this stuff.

  2. PenserArnaud (verified owner)

    Very efficient and well thought out stops associated with TrendDecoder they are perfect….
    It is possible to use it in Forex with the decimal system, futures and all commodities,
    Very good stops and systems. entries on a desired level are possible and especially if you miss a stop in your strategy, the creator can create it or adapt it to you!
    Thanks Chris, very nice work !

  3. John Garton (verified owner)

    I have tested this Trade Manager on live trades and with the features that I use turned on, this worked perfectly every time. I sent some queries to the creator and he responded quickly and positively. I understand further features are to be added and will update this review in due course but based on my experience with the current version, I would recommend it without reservation.

Only logged in customers who have purchased this product may leave a review.

Vendor Information

Product Enquiry

Your personal data will be used to support your experience throughout this website, to manage access to your account, and for other purposes described in our privacy policy

You may also like…

More Items by Meta Signals Pro

Product Image

TrendDECODER Screener – Yearly License > > > > > 🥇 N°1 Best-Reviewed

The Screener of the fastest indicator to detect trends and price ranges

159

1

Product Image

BladeSCALPER

The sharpest tool to scalp M and W patterns

Ready to Join Our Trading Marketplace!
Over 45,000 potential customers are in need for pro quality trading products
Join Us Today