Partial Close EA : Software Enhances Metatrader 4 With Multiple Trade Management Functionalities for Forex Traders
Most forex traders don’t realize how important the act of exiting trades is to their trading; the fact is profits will only increase if winning profits are maximized and losses reduced based on proper risk management. The process of maximizing profits from winning trades and cutting losses from losing trades works against the human psychology and the complications often led to traders failing to act and as a result; they trade ‘away from their plans’. This will lead to traders missing out on profits ‘left on the table’ or exposing themselves to unnecessary risk of losing if they aren’t able to exit according to plan.
Forex Trendline EA: Metatrader 4 Software Trades Technical Chart Patterns on Automation
Flagforex Pte Ltd announces a new valuable trading tool on Metatrader 4 platform that allows forex traders to plan ahead of their trades by drawing user-defined support and resistance lines on their trading charts. Forex Geometry expert advisor (EA) will monitor the market on the traders’ behalf while taking into the user-drawn support and resistance lines as active pending entry or exit orders.