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RISK BASED ORDER ENTRY
This GUI panel EA is used for live trading and does not work with the strategy tester. COE is an order entry program, it's primary purpose is to help manual traders to open orders easily with user friendly interface with flexible control.
Main Features
Small footprint on chart yet providing a wide range of tools to control order entry.
Option to open market orders, pending stop orders and pending limit orders.
Order open price, take profit and stop loss can be controlled by inserting pip values as well as dragging lines on chart.
Option to snap lines to a specific candle high and low price with user defined buffer pips while locating lines.
Lot size can be fixed, or MM.
Lot size can be calculated based on account balance, equity or free margin available.
Lot size calculation can link to order real stop loss, or separate from order real stop loss.
Real time order setting status update.
Real tick statistics update if during the set up market price change.
User defined default profile for quick entry.
Pre check before sending orders for invalid settings.
Please refer to the intro video in this page for quick introduction.
https://youtu.be/YsODirOGmwg
For detailed instruction video please watch my instruction video:
credit to -Min li
How do I buy, test time before making the purchase ?, only has this video, is there somewhere else where I can see the results?
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We are testing Forex robots in real-life conditions! We use a demo account to test some of the robots and the results are still accurate. We are not financial advisors and cannot advise you to invest your money. Our aim is to find good market analysis solutions using different strategies that can benefit our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
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