Easy Manage PRO MT4 is an advanced risk management tool for trading, enhancing the basic Trade Manage features. Users set risk per trade and stop loss positions, and can specify multiple take profit levels (TP1, TP2) to automate closing positions. It streamlines trade management, ensuring effective risk control and maximizing profits.
Advantages of Easy Manage PRO MT4
Easy Manage PRO MT4 is the professional version of the popular Trade Manage application. It offers a range of advanced features that enhance your trading experience and risk management capabilities. Here are some of the key advantages:
1. Enhanced Risk Management
The PRO version allows for adjustable take profits (TP1, TP2) and incorporates a risk-free mechanism. This means that traders can close portions of their positions at key profit levels while ensuring that their capital is protected.
2. Simple Setup
Trading with Easy Manage PRO is straightforward. Traders only need to specify the amount of risk per trade, select their stop loss on the chart, and press a button—resulting in a smooth and hassle-free trading process.
3. Automated Calculations
The software automatically calculates profits and losses based on specified parameters, which minimizes the risk of human error in manual calculations. It also records your stop loss and initial risk for easy reference.
4. Multiple Take Profit Options
With the ability to set multiple take profit levels, traders can better manage their exits based on market conditions. For instance, when reaching TP1, users can close a third of their position and move their stop loss to the entry price, making the remaining investment risk-free.
5. Live Profit Tracking
Easy Manage PRO displays profit amounts at each stage of trade closure, allowing traders to analyze their earnings in real time. The interface also allows for hovering over values to view detailed calculations, simplifying performance tracking.
6. Customization Options
Users can tailor their trading experience by customizing settings such as max risk percentage, commission inclusion for risk calculations, font size, and profit line colors, ensuring an interface that meets individual preferences.
7. Compatibility with Manual Trades
The program only affects trades opened through the expert advisor, which means your manual trades remain untouched. This isolation allows users to manage both automated and manual positions efficiently.
8. Efficient Management of Multiple Positions
After opening a position, traders have the flexibility to add other trades to their portfolio while maintaining the same stop loss and profit levels across all positions, providing an organized and manageable trading structure.
In summary, Easy Manage PRO MT4 stands out as a powerful tool for traders who seek effective risk management, user-friendly interfaces, and advanced trading functionalities. Its ability to enhance performance while simplifying complex tasks makes it an ideal choice for both novice and experienced traders.
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