TRADING MANAGEMENT TOOLS

OVERVIEW

Illustration of trading management tools overview

Calculating and managing trading setups under the umbrella of money management is the goal of all our trading tools, they are seamlesly integrated with money management tools and can apply the rules for any plan with a click.

The majority of these tools are designed to help traders who plan ahead their trade before entering the market, by automating calculations and proactively providing the trade's details from both money management and brokerage account point of views.

Trading management tools included in our toolkit

TAKE PROFIT

TRADE CREATION
Screenshot of creating a trade by take profit rate tool overview

This tool is effective when price is heading towards astrong support/resistance level and that price is far enough to think of that level as a take profit level.

The tool will use both the entry & take profit rates, and apply the active plan's rules to generate a position size and stop loss rate complying with those rules.

It is important to understand that the tool isn't aware of the chart's structure, thus the generated position size and stop loss rate are purely mathematical. The goal of the tool is to complete a trade setup according to money management rules, so that it can be studied on the chart and an educated decision can be made for the generated trade setup.

STOP LOSS

TRADE CREATION
Screenshot of creating a trade by stop loss rate tool overview

This tool is effective when price is heading towards astrong support/resistance level and that price is near enough to think of that level as a stop loss level.

The tool will use both the entry & stop loss rates, and apply the active plan's rules to generate a position size and take profit rate complying with those rules.

It is important to understand that the tool isn't aware of the chart's structure, thus the generated position size and take profit rate are purely mathematical. The goal of the tool is to complete a trade setup according to money management rules, so that it can be studied on the chart and an educated decision can be made for the generated trade setup.

POSITION SIZE

TRADE CREATION
Screenshot of creating a trade by position size tool overview

This tool is for traders entering the market with a specific position size according to the trend they believe price is following.

The tool will use entry rate, position size & direction, and apply the active plan's rules to generate take profit and stop loss rates complying with those rules.

It is important to understand that the tool isn't aware of the chart's structure, thus the generated take profit and stop loss rates are purely mathematical. The goal of the tool is to complete a trade setup according to money management rules, so that it can be studied on the chart and an educated decision can be made for the generated trade setup.

CUSTOM TRADE

TRADE CREATION
Screenshot of creating a trade by custom trade tool overview

This tool is to be used when a trader have a complete trade setup in mind and want to size it with respect to active money management rules.

The tool will use all of (entry, take profit, and stop loss) rates defined, and apply the active checkpoint's threshold to generate a position size complying with active money management rules.

This tool is directly linked to the harmonic tools of the toolkit, thus trading setups based on harmonic patterns can be sent to this tool in order get sized according to the active checkpoint's thresholds automatically.

TRADES

TRADE MANAGEMENT
Screenshot of trades management tool overview

This tool is used for tracking all your pending and active trades, providing all the details for each trade exactly as they were when the trade was being planned.

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