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About

In Metatrader, each time you want to open an order, you have to open a window where you enter the opening price, stop loss and take profit, as well as the trade size. In trading the financial markets, capital management is essential to maintain your initial deposit and multiply it. Before you set the trade size, you do the necessary calculations to get an answer to the question of what the trade size should be. If you are a scalper and need to quickly open and close trades without setting defenses or targets, then you have everything at your fingertips in the Trade Manager panel, where you can define fixed order parameters and quickly open them. Closing or deleting orders is also done directly from the Trade Manager panel, where you can close everything with one button, or select a specific type of pending order, or close only profitable or loss-making trades.

About

MyForexPath is a fully automated Forex trading robot designed to identify market trends and execute trades accordingly. Utilizing algorithms and indicators such as Moving Averages (MA) and Parabolic SAR, it operates on three currency pairs, AUD/USD, EUR/USD, and USD/CAD. Compatible with MetaTrader 4 and MetaTrader 5 platforms, the EA features four independent trading sessions per pair, enhancing signal frequency without compromising quality. It includes a drawdown control system with smart stop loss calculations to protect against unplanned losses. Backtesting indicates that, with maximum risk settings, an initial $1,000 investment could have grown to over $11 million on AUD/USD and EUR/USD pairs, and over $17 million on USD/CAD. With normal risk settings, the same initial investment could have yielded between $51,214 and $478,632 across the three pairs. The EA boasts an average win rate of 65–70% per trade.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Investors seeking a Forex Robots trading platform

Audience

Investors in search of a solution that leverages trend-following strategies to enhance trading performance

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

$285 one-time payment
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Forex Trade Manager
United States
www.mql5.com/en/market/product/37228

Company Information

MyForexPath
myforexpath.com

Alternatives

Position Sizer

Position Sizer

EarnForex

Alternatives

Kraitos Elite

Kraitos Elite

Auvoria Prime
News EA

News EA

RobotFX
GearBox

GearBox

Auvoria Prime
AX Trader

AX Trader

LeapFX

Categories

Categories

Integrations

MetaTrader 4
MetaTrader 5

Integrations

MetaTrader 4
MetaTrader 5
Claim Forex Trade Manager and update features and information
Claim Forex Trade Manager and update features and information
Claim MyForexPath and update features and information
Claim MyForexPath and update features and information