[Discretionary Trader Must-See] From automatic lot calculation to trailing stop. A tool to make your trades “smart.”
Hello to everyone viewing GogoJungle!
When trading by discretion, have you ever felt this kind of stress?
“I want to enter at the current timing, but I’m slow with lot calculations and miss the opportunity…”
“Entering stop-loss (SL) and take-profit (TP) prices by hand each time is a hassle…”
“There’s a market event late at night, and I want to close all positions before it and sleep…”
We have developed a tool that eliminates all those “frustrations” with the MT4 standard order function, and evolves your usual chart intothe most user-friendly trading cockpit everinto a tool.
That is the visual trading support panel **“Smart Trade”**!
This time, we will introduce the three powerful features that show how dramatically Smart Trade can ease discretionary trading!
1. All with mouse operation! Intuitive drag & drop orders
The main feature of Smart Trade is its overwhelming speed and intuitive operability.
When you press the panel buttons (Market, Stop, Limit), three lines appear on the chart: “Entry (yellow)”, “SL (red)”, and “TP (green)”.
Thensimply drag this line up and down with the mouse to fit your desired price!
Visually check the risk-reward balance, and then press the “EXECUTE” button to place the order. No more having to press F9 and manually type numbers into a small order window.
2. Pro-level capital management “Automatic Lot Calculation (MM Risk)”
The most important aspect of trading — money management — is fully automated by Smart Trade.
In the panel, select ‘MM Risk’ in the “Lot Calculation Method” and enter your allowable risk (e.g., 2% of account balance).
On the chart,moving the SL (stop-loss) line automatically recalculates in real time the optimal lot size so that losses stay within 2% of the accountbalance.
It’s a powerful feature that instantly computes for you, so you won’t have to perform complex calculations like deciding to reduce lots when the loss is far away.
3. After entry, just sleep and wait! Advanced automated exit logic
After taking a position, you don’t need to stay glued to the chart.
Smart Trade includes an automated exit logic like a high-quality expert advisor (EA).
BreakEven (move to entry):When the unrealized profit reaches the specified Pips, the SL automatically moves to break-even. This prevents losses.
Trailing (trailing stop):As profits advance, the SL is automatically raised to maximize profits.
OneDay / WeekEnd (time-based close):Automatically close positions at specified times, e.g., close every day at 23:00 or close all on Friday at 20:00. This completely avoids weekend gap risk.
Bonus: Full support for “trading practice” in the Strategy Tester!
Many discretionary tools do not run in MT4’s backtest (visual mode), but Smart Trade has been specially designed so thatthe panel buttons work fully in the tester environmentas well!
On holidays, you can move historical markets and practice real-trade-like trading (verification) using the panel.
Summary
“Smart Trade” is designed to delegate complex calculations and settlement management to the tool, so traders can 100% focus on market analysis and entry decisions.
Intuitively drag to smartly control the market.
Please try integrating this cockpit into your MT4 to experience its overwhelming comfort!
For detailed features and downloads, you can view the product page below.