Account Watcher Mobile MT4 is an expert advisor (EA) for MetaTrader 4 that automates trade management. It allows users to monitor accounts and configure settings via mobile. Features include closing trades based on profit or equity thresholds, break-even settings, trailing stops, and mobile alerts for price levels, enhancing trading efficiency and safety.
Advantages of Account Watcher Mobile MT4
Efficient Trade Management
Account Watcher Mobile MT4 frees traders from the constant need to monitor their accounts, reducing stress and allowing for more efficiently managed investments. By automating trade management, users can spend more time focusing on strategy rather than watching charts.
Mobile Configuration
This expert advisor (EA) allows traders to configure important parameters directly from their mobile devices. You can set your desired configurations for various currency pairs without having to be at your PC, ensuring flexibility and convenience.
Continuous Account Monitoring
The EA keeps a vigilant watch on your account, regardless of the timeframe selected. It continuously checks your trades and account status, allowing for proactive management and timely actions without constant oversight.
Robust Trade Safety Features
Account Watcher includes essential safety features tailored for the main 27 Forex pairs. Key functionalities include:
- Break Even (BE) Protection: Automatically adjusts to break even once certain profit levels are reached, protecting against losses.
- Partial Closures: Make partial closures based on configured lot sizes, allowing for more control over trade management.
- Trailing Stop: Configurable trailing stop settings let trades follow profitable movements while minimizing risks.
Automated Warnings
Receive customized notifications directly on your mobile for important market movements. Set high and low warnings for specific currency pairs, enabling you to react swiftly and adjust your strategy as needed.
Basket Trading Concept
This EA supports a basket trading approach, allowing for the simultaneous closure of multiple trades when specified profit levels are reached. This feature automates the process, ensuring you won’t miss good closing opportunities:
- Close all trades when a fixed profit target is achieved (e.g., $100).
- Configure equity targets that, once met, trigger the closure of all trades to secure profits and enhance account safety.
Account Safety Measures
Enhance your account’s safety with a minimum equity setting—should your equity drop below this threshold, the EA will safeguard your account by closing all trades. This proactive approach helps to safeguard your investments, especially during volatile market conditions.
Easy Configuration for Mobile Users
The EA’s user-friendly setup allows you to easily adjust settings from mobile devices, ensuring that trading can be adjusted on-the-go. This is particularly beneficial for those who lead busy lives or travel frequently.
Overall, Account Watcher Mobile MT4 combines advanced functionalities with convenient mobile accessibility, making it an essential tool for both novice and experienced traders. Whether you’re looking to automate your trading strategy, ensure trade safety, or enjoy more freedom in managing your investments, this EA has you covered.
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