In this post I will be reviewing the Forex Order Manager trading tool. This is a fully automated forex trading tool for MetaTrader 4 that will monitor and manage trades placed manually or by other forex robots on your account. I would say that most forex robots (if not all) have their own built in money management so I would personally recommend this tool for your manual trades to avoid any conflict. It’s developer claims that it can turn what would have been losing trades into winning trades through smart order management techniques whilst also ensuring you make the most out of your profitable winning trades. It is very easy to setup, you just download the Forex Order Manager tool and install it into your MetaTrader 4 trading platform and run it on any chart. You can be setup and running in a few minutes following the detailed instruction manual. Primarily you would want to use this tool to save you the time and hassle of managing your orders – you can place trades and let the Forex Order Manager do the rest. It’s like a swiss army knife for managing trades.
Forex Order Manager Features
Forex Order Manager contains a large range of various useful features that can be set to true or false. Features include order selection criteria, setting stop loss/take profit, setting trailing stop, setting break even, adding positions after a win/loss, close all orders and much more. With the Forex Order Manager features you have the complete order management tool to compliment your manual trading or trading from other automated systems.
Forex Order Manager Summary
Overall Forex Order Manager is a great tool for managing your trades and saves time from you having to manually manage them, with a very reasonable price tag. It is fully customizable to suite your needs and comes with full support and lifetime updates. There is also a 60 day money back guarantee although you know what you are getting with this software so if you plan on buying it you should certainly find it useful. It includes some free bonuses such as an email alert tool that will keep you updated on your current trades and a visual Fibonacci indicator.