Behind-the-scenes of development and tales of a major update
Hello, this is Meister.
This time,MT5 SmartOrderProEAA large update to the order execution assistance tool,
I would like to introduce it while weaving in the “philosophy behind development” for why we added these features.
What I have consistently insisted on is how to prevent human weaknesses and human error with a system.
I will share the development stories behind this update and the full scope of the new features.
1. Why the design that “do not tinker with numbers right before placing an order”?
In trading, what is the most wasteful mistake?
It is at the moment just before taking a position,where you manually input the lot size or limit order price incorrectly,
or take on an unexpectedly large risk.
If the order panel on the chart allows you to quickly type numbers each time,
the risk of human error remains unavoidable, staying risk-laden every time.
That is why in my tools we maintain a design where you set your own funding management rules in properties during normal times,
and during actual trading you complete everything with just “buttons and lines” on the chart.
The act of not letting you tinker at the last moment itself is the first line of defense to protect traders
Also, not including automatic trailing stops is to avoid unwanted hits caused by noise.
We want you to train your own trading skills in judging market conditions like “when to move.”
2. The last bastion that saves beginners to experts
The reality is that, even the most experienced traders have moments of losing control due to emotions.
When facing a losing streak or sudden market changes, people inevitably do averaging down or over-leveraging with the desire to recover.
The various guard features and circuit breakers already built into SmartOrderProEA forcibly stop such emotional spirals,
and they function as the “last line of defense” to prevent account insolvency at all costs.
Especially for beginners, the hardest thing is to lose capital in an instant and be forced out.
I want you to sustain a longer “training period” to develop trading skills within solid money management rules — that is the true purpose behind this tool.
3. Features implemented in this major update
Based on this development philosophy,this update adds four evolutions that will surely be useful in real trading.
① Order button mode display for at-a-glance clarity
The initial order button now always displays the current mode (risk percentage / split entry, etc.).
You can instantly see which mode you are standing by in, completely locking out the possibility of mis操作
② Added split order mode (supports % and amount selection)
We’ve added “split averaging down and pyramiding.”
Aiming at preventing accounts from blowing up due to increasing lot sizes,
this fixes risk by percentage or amount relative to account funds and limits how many orders can be placed, suppressing the buildup.
Even if the first order moves against you, for example with total risk set to 2% and 3 orders, the stop loss will be smaller than 2%.
※1 Currently the TP line setting for risk% and amount-based stop loss mode did not exist;
we have added this along with the split order mode (on/off via properties).
※2 This split mode is also integrated on the OCO order side
③ Settlement side “Breakeven retreat (+◯ pips)” button
After holding a position (even with multiple open lots), with one click on the button in the settlement panel, taking into account spreads and commissions, the average entry price is adjusted to a position of plus ◯ pips (configurable in properties), and SL/TP are automatically moved or entered anew instantaneously
.
This dramatically speeds up trailing to small profits and creates psychological ease as you move toward a state with no losses
④ Strengthening the behavior of the initially set SL
In orders that automatically calculate lots from risk% and similar metrics, changing to “move away from” or “remove” SL
will automatically return to the initial position as a safety feature.
Of course, moving SL closer to reduce risk from the initial position remains freely possible.
In conclusion: seeking truly necessary tools
For those who seriously want to sharpen their discretionary skills while rigorously enforcing money management,this “SmartOrderProEA” is sure to become a powerful ally.
The product page has been renewed and a trial version link is provided, so please try it out.
▶ Click here for SmartOrderProEA product page details and trial version