Click Trade Manager

Forex trading can be a profitable venture, but it also comes with its fair share of risks. One tool that has been designed to help manage these risks and enhance trading success is Click Trade Manager. This trade management software offers a plethora of features designed to streamline the trading process and maximize profits. This article aims to provide a detailed review of Click Trade Manager, a powerful tool for Forex trading.

Features of Click Trade Manager

Click Trade Manager stands out in the crowded field of Forex software due to its unique features. Its main focus is on protecting the trader’s account from reaching drawdown limits. It does so by automatically closing trades before they reach this threshold, thereby minimizing the risk of substantial losses. The software also has an alert system in place to warn the trader if a trade is on the brink of breaching the drawdown limit, allowing the trader the chance to make necessary adjustments.

Profit Targeting and Trade Management

One of the highlights of Click Trade Manager is its ability to automate the process of closing trades once the profit target is hit. This is a boon for traders who do not wish to monitor the market continuously. By setting a desired target equity value, traders can leave the rest to Click Trade Manager, which will automatically close the trade once the target is met. This feature can help maximize profits while reducing the time and stress involved in constant monitoring.

Customization Options

Click Trade Manager offers a high degree of customization, allowing traders to tailor the software to their specific trading style. Options include hiding magic numbers from your broker, setting multiple fib level trades with different stop loss and take profit levels, and more. It also provides convenient functions such as taking partial profits, moving your stop loss to breakeven, and closing all open trades or deleting all pending orders with a single key press.

Setting Up Click Trade Manager

For optimal performance, it’s essential to set up Click Trade Manager correctly. In the protection settings, you need to set the ‘Protect Mode’ to ‘True,’ specify your starting account size, daily and maximum drawdown limits, and the start date and number of days to hit your target equity. It’s also recommended to set the ‘Artificial Drawdown Ceiling’ to 0.2% to provide an additional buffer.

How to Use Click Trade Manager

Using Click Trade Manager is simple. To set trades, you can click on the chart to open a market, limit, or stop order. If you prefer, you can use the fib button or press ‘F’ on the keyboard to set fib level trades. Detailed instructions on how to set both buy and sell trades are provided in the program.

FAQ

Where can I find independent testing of Click Trade Manager?

Independent testing of Click Trade Manager can be found on the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product.

How can I share my experience using Click Trade Manager?

We encourage users to share their experiences using Click Trade Manager to help others make a more informed decision.

In conclusion, Click Trade Manager is a powerful Forex trading tool that focuses on safeguarding the trader’s account from substantial losses while maximizing profits. Its range of features and customization options make it a valuable addition to any trader’s toolkit. This is an independent product review, and we invite users to share their experiences using Click Trade Manager. Remember, your success in Forex trading can be significantly enhanced with the right tools and strategies.