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Price for lifetime license:165 USD
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Max number of activations:5
License: Lifetime or Monthly
Delivery: immediate via email
Platform: Metatrader 4&5 - Windows 32|64bits app
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Money Manager EA
Money Manager is an exclusive panel to process all calculations related to position sizing and risk management.
Position sizing is one of the most important aspect in trading. It is often neglected by traders and this is a big mistake.
Traders often look for strategies with high win rates whereas in fact one can earn very good money in the market with only 40% to 50% winning rate.
How is that possible to earn money with such a low winning rate? The answer is position sizing and risk management.
Position sizing calculation is often complicated and boring task.
Now with the Money Manager things become easy. Money manager is a user friendly panel that will process all calculations with few inputs.
Inputs of the EA are:
You can place orders with the Send Order button (SELL, BUY, SELL STOP, BUY STOP, SELL LIMIT, BUY LIMIT).
The panel can be placed wherever you want in your main chart and can also be minimized.
A second version of the Money Manager comes as an Indicator: More info
The version as indicator does not have capacity to place orders. The indicator can only be used for calculations.
The Money Manager can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The Money Manager can be used with any time frame.