Forex PRO Toolkit :
Forex PRO Toolkit Forex PRO Toolkit Software by Paul Watson works with MetaTrader 4 platform to quickly and easily get into and out of the Forex market with click of buttons and helps you know at a glance how your trades are doing! It has automatic trailing stops and take profits. It creates a visual record of your trades provides useful information to you while you trade, and also provides an “always on top” dialog box so that with a click of a button you can easily buy, sell, close or close only part of a trade!
Forex PRO Toolkit :
Forex PRO Toolkit These are the main features of the Forex PRO Toolkit Software: * Can be used on up to 5 accounts! * Draws a dashed line showing you where the breakeven point of the trade is. * Draws a large arrow in the direction of the trade at the setup candle. * Draws a small right-pointing arrow at the starting point of the trade. * Draws a small left-pointing arrow at the closing point of the trade, or where partial profits were taken. * Draws lines connecting the start of the trade and the closing points of the trade so that all points of a trade are easily associated with each other.
Forex PRO Toolkit :
Forex PRO Toolkit * Gives a continuous update of the current spread. * Show you how many lots correspond to a risk you specify. Useful for setting a limit on how many lots you want to trade. * Gives you a continuous update on how much profit in pips your trade has made, how much is locked in by stoplosses , and how much profit was taken out through partial closes. * Manage trades opened by a robot! * Be able to automatically set a stoploss when a trade is opened. * Have the stoploss automatically move to breakeven when a profit threshold is reached. * Be able to change the stop loss just by moving a line in the chart!
Forex PRO Toolkit :
Forex PRO Toolkit * Avoid stop hunting by brokers. Use Stealth Stops so that your broker doesn’t know where your real stop is! * Have trades automatically use a trailing stoploss that can change at different thresholds! * Ability to scale out of your trades automatically with partial or full Take Profit points. * Ability to scale out of losing trades! * Ability to automatically save a snapshot of the chart after the trade is over!
Forex PRO Toolkit :
Forex PRO Toolkit * Automatically log important data about your trade into a file suitable for reading by a spreadsheet program! * Comes with an Excel add-in (or OpenOffice extension for those who use the free OpenOffice instead) which will easily import the log data into a spreadsheet and automatically create pivot tables to easily see how your trading is doing! * There are a number of videos in member’s area to train you in how to use it!