TradeManagerPro
With this EA, you can efficiently control the most important part of trading - risk and money management.
It calculates the perfect lot size for your orders depending on the defined stop loss and sets the take profit at a defined Reward:Risk level.
The stop loss and take profit levels can be set easily with a line on a chart.
Why Is Reward:Risk So important?
The only way to make profit in trading is to gain more than you lose. There are only two parameters which define it:
- Hit Ratio
- Reward:Risk
Both parameters depend on each other.
There is a simple formula to calculate your required Hit Ratio with a predefined R:R:
Hit Ratio = 1/(Reward:Risk + 1)
Example: Reward:Risk = 2:1 -> Hit Ratio = 1/3 = 33% -> You need to win only more than 33% of your trades to make profits.
本店最新上架
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