TradeManagerPro

With this EA, you can efficiently control the most important part of trading - risk and money management.

It calculates the perfect lot size for your orders depending on the defined stop loss and sets the take profit at a defined Reward:Risk level.

The stop loss and take profit levels can be set easily with a line on a chart.

Why Is Reward:Risk So important?

The only way to make profit in trading is to gain more than you lose. There are only two parameters which define it:

• Hit Ratio
• Reward:Risk

Both parameters depend on each other.

There is a simple formula to calculate your required Hit Ratio with a predefined R:R:

Hit Ratio = 1/(Reward:Risk + 1)

Example: Reward:Risk = 2:1 -> Hit Ratio = 1/3 = 33% -> You need to win only more than 33% of your trades to make profits.

That is how trading works. It is a simple Math.

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