Trade Manager


freakgib since: 13 Feb 2014;

  27 Apr 2019, 04:15
Trade Manager

I use a Trade manager EA under MT4 and i would like to know if something is possible under cTrade

what it do is when u place it on the chart and activate it it will plot lines on the chart 1 stop line 1 entry line and 2 exit lines
now u can move the lines arround
now when the market hits the entry line it wil place 3 orders
when target 1 has been hit it wil close 1 order and move 1 stop of the 2 remaining orders to break even
and if target 2 has been hit it wil move the stop of the last order to the level of target 1
then the last order will run till u stop it manualy or trailing or when it hit the stop
this way u can be save in your trade very easy and give the market enough room to swing around

would something be possible in ctrade ?

fzf_45509707 since: 09 Jan 2014;

  21 Feb 2014, 23:36

You can do almost all of it now in cTrader. Not everything, but most of it.

So what you should do, is enter one pending order 3x the size of your regular size (so it will essentially become 3 orders). Set up all 3 take profit levels, with a third of the whole volume for each. Also, set the breakeven pips amount to be the same as tp1. You can also set a simple trailing stop to start from tp2, which is not the same as what you want (because it will start from the entry, and not from tp1) but it's more than nothing.

mgalona74 since: 12 Sep 2015;

  14 Oct 2015, 13:57

Please make this feature. It's really useful. Thanks

richard_cherry_153259974 since: 21 Mar 2016;

  22 Mar 2016, 23:37

The only reason I don't use ctrader on my live account is due to no trade manager. With my TM on mt4 I set my buys/sells by a percentage of my account and vary it from 1/4 of 1% to 2% depending on strength of trade. I can set the type of trade, percent of account slide horizontal lines for both tp and sl. Once I've set sl and tp the lot size is automatically set, my R/R showing, potential profit/loss showing and then hit enter trade.

ctdn_voter since: 14 Jun 2019;

  14 Jun 2017, 07:58

I need it too. I currently use easy order with mt4. Would be great to switch to Ctrader. But until this an a few other things are sorted i have to submiss to metaquotes. Which sux.

ctdn_voter since: 14 Jun 2019;

  14 Jun 2017, 08:04

Also. with easy order you can set an order count, which is great and i use it all the time. So if you set risk to 1% and order count in the global variables to 5. It would split the 1% being risked into 5 separate orders. Developers, please check out easy order and get that functionality into ctrader. Also,, give an option to not show the screenshot and attach chart button that get in the way of the price scale. Also, make a button to hide all the buttons at the top of the charts. They get annoying coming from mt4 which is clean.

beamer since: 30 Jun 2020;

  25 Oct 2020, 13:48
trade management...

can agree with this sentiment totally...      sure there are some features you can already do manually, but to have a COMPLETE solution fully integrated into the platform would be awesome.  negate the need to enter multiple trades at one time just to stage them out at different levels, as a pseudo trade management solution.   keep working spotware!, you are getting close to the perfect platform!