MTM – MAX Trade Manager
MTM is an Expert Advisor designed to help MAX traders manage their Risk, Profit & Entry & Exit Orders.
It is specifically designed for trading a MAX Trade Sequence with multiple Scale-Ins to minimise risk.
MTM works in Live Charts, Demo Charts and is especially useful practicing in the Strategy Tester.
Risk & Money Management are the key to successful trading, & we want you to be as proficient as possible.
You will be able to see your Risk & Profit levels, by pair, and/or for your whole account, while trading.
Eusebio says that his major trading turning point came when he could visualise the risk & profit as the trade unfolds, especially when Scaling-In.
He had to use a large & detailed spreadsheet that required constant updates. MTM does all this for you at each tick.
We expect this tool will help you understand Risk & Profit more deeply,
as well as help you practice &, of course, help you trade more easily.
First, manage risk, & then the profits will take care of themselves.
MAX Trade Manager Purchase
One MAX Trade Monitor License
MAX Members Only – $ 295 Single Payment 2 Payment Option
MTM Delivery Procedure
On receipt of your order, within 24 hours, we will send you your MTM Indicator Installation Package & the installation procedure.
1-Click Order Executions Simple Stop Control Track your Risk & Profit
Check out this short video on MTM’s main features & simplicity…
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3 MTM Components
MTM displays these 3 items, one in & two over the charts
1. Red ESL Line
Move the ESL into place before placing an order.
2. The Order Panel for executing Buy, Sell, MX & XXX order
(this is a separate panel & can be placed anywhere on your monitors)
3. The Risk/Profit Panel showing the state of the trade
(this is a separate panel & can be placed anywhere on your monitors)
Click on the image to the left to see all 3 on a chart.
Risk/Profit Panel
Managing your Risk is one of the most important parts of trading. MTM is designed to display your Risk and Profit levels as your trades unfold.You get accurate & immediate easy to read data about how well your trade is doing.
It eliminates the guess-work regarding your Risk decisions & ultimately may help you become more profitable.You will be in a better position to make discretionary decisions with your profits in order to catch the long “true trends”.
By enabling the Global column in the Risk/Profit Panel, you can monitor all your ongoing trades cumulative.This can help reduce your tension & stress when an order is not performing but others are. If you are in profit over all the trades, then it reduces the anxiety associated with non-performers & can help you to decide whether or not to stay in them.
Adjustable ESL (Emergency Stop Loss)
MTM Places an ESL line on the chart along with the Order & Risk/Profit Panel.The ESL has 2 functions:
- MTM uses the ESL to determine the Position Size & type (Buy/Sell) of your Orders
- And, once the trade is in play, moving the ESL will adjust the Stop Losses for all open orders that are under MTM’s control at once. Even by 1 pip (or less).
This means that in order to get ready for an order, you just place the ESL at the correct distance & then wait for the setup.There are no calculations to do, you can see on the Risk/Profit panel exactly how far away your stop is.
And when you are trading, you are not distracted & stressed out by having to alter multiple stops as the trade progresses.
Automatic Chart Annotation
MTM can mark Live, Demo & Strategy Tester charts with your trade’s
MOEs, SCs, MXs, XXXs, and ESL prices & times.
This is great for journaling & checking your performance over time.
Automatic Compounding
MTM will automatically adjust your order sizes as your account increases & decreases,
You do not have do the compound calculations.
(Note: not Account Nanny, yet.)
Strategy Tester
MTM will show your performance as it really is.
MTM is brutally honest; it takes poor executions and the spread into account with no mercy.
There’s no room for any “I would’ve or could’ve” ideas that make you think you’re a great trader (that is, until you hit the live charts).
MTM will show your performance as it really is.
MTM’s Candle Clock works in the Strategy Tester
– no more guessing when the candle will finish
Displays the time taken since the beginning of the 1st Trade Sequence.
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MAX Trade Manager Purchase
One MAX Trade Monitor License
MAX Members Only – $ 295 Single Payment 2 Payment Option
MTM Delivery Procedure
On receipt of your order, within 24 hours, we will send you your MTM Indicator Installation Package & the installation procedure.
Payment Methods
We use PayPal which will accept Paypal & most Credit Cards as payment.
Please email us if you need to make a special arrangement (eg Wire Transfer etc)
 ________________________________________ License Use: You may use MTM on as many of your own Windows machines & MT4 Platforms as you wish. ____________________________________________ Requirements:
____________________________________________ Refund Policy: No refunds will be given after 45 days from the Date of Purchase. |