Trade Position and Back Testing Tool MT4

Trade Position and Back Testing Tool for MT4

The Trade Position and Back Testing Tool for MT4 is a powerful and versatile indicator designed to enhance your technical analysis and trading strategies. Developed by the Forex Robot Easy Team, this comprehensive tool provides valuable features for effective risk management in forex trading.

Key Features:

1. Preview Trade Positions:
   • View upcoming trades, including entry price, stop-loss (SL), and take-profit (TP) levels.
   • Gain transparency into your trading decisions.
2. User-Friendly Panel:
   • Automatic balance and custom balance options.
   • Automatic lot size and risk calculations.
3. Advanced Risk-to-Reward Ratio:
   • Customize movements on the chart with buy and sell setups.
   • Evaluate risk-reward ratios effectively.
4. Smart Display of Trading Information:
   • Essential details such as lot size, stop-loss, TP, and order type.
   • Auto-adjust risk when modifying SL or TP levels.
5. Back-Testing Ability:
   • Analyze your trading strategies using historical data.

Strategy Details:

• Minimum Deposit: $500
• Timeframe: M1 or M5
• Currency Pairs: Any currency pair other than XAUUSD (Gold).

Strategy Type:

The Trade Position and Back Testing Tool does not follow a specific strategy like martingale, hedging, or scalping. Instead, it focuses on risk management, trade position visualization, and back-testing capabilities. Make informed decisions based on technical analysis and transparent trade previews.

How the EA Takes Trades:

1. Trade Preview:
   • The tool displays upcoming trade positions, including entry, SL, and TP levels.
   • Traders can assess risk-reward ratios before executing trades.
2. Risk Management:
   • Automatic lot size calculation based on account balance.
   • Customizable risk settings.
   • Adjusts risk dynamically when SL or TP levels are modified.
3. Back-Testing:
   • Historical data analysis to evaluate trading strategies.
   • Determine long-term viability.

Remember, trading involves risk, and past performance is not indicative of future results. This bot could be your ticket to success—so trade wisely and soar in the Forex world!

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Additional Resources :

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