Cerberus MT5
Cerberus is a graphical panel that gives you the ability to interact with a friendly and easy to use, graphical environment.
It includes tools to save your trade, close partial of an open position, an instant trading option, managing your risk,
and two entry
options for automatic entry recognition: the moving average entry and the trend line crossing entry.
Cerberus is designed for Forex, Stocks, Commodities & Futures! |
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Generic tools:
• Set your position size at a preferred risk, related to a percentage of your account.
• Set the risk/reward ratio.
• Define threshold levels to modify to the break even and avoid losses.
• Close partial position, at a preferred percentage and points.
• Open a position instantly.
Strategy based tools:
MA (Moving Average) line crossing:
Set up the time frame, MA type and value and activate the automatic recognition, to use this entry ability, to open a position the
moment the
price crosses the MA line you set. Using Cerberus for multiple open charts, you can not only select all MA chances,
but can do
that on the exact point the price hits the MA line you set.
Trend line crossing:
Like the MA crossing line strategy, it is common for traders to forecast opportunities like pivots, double tops, head & shoulders,
channels
and a lot of more and draw
trend lines, and wait for the price to heat their entry goal. Now, Cerberus offers a tool,
for drawing
lines after preset the order settings. You can activate this entry option, draw a line and when price hits the trend line,
trade happens automatically.
Notice: To use the "Trend line crossing" option, make sure you first select the checkbox and then draw or move a trend line on your chart!
Cerberus can be used for both “Netting” & “Hedging” type of accounts. |
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Tips:
• Use Cerberus to multiple charts, to benefit from the entry opportunities that are coming. Draw trend lines or set
MA crossing
lines, and let Cerberus do the rest.
• Use Save Trade, and Take Partial tools, to enhance your gain.
Cerberus can be found also on MT4 market: https://www.mql5.com/en/market/product/40026 |
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Notice: For “Hedging” types of accounts, the “Take Partial” option on the “Extras” part of Cerberus, appears as “Hedge”
because it
hedges the open trade, by opening a second opposite trade, and does
not remove a partial of a trade, like it’s
happening on a “Netting” type of account.
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