MT4 MONEY MANAGER
Hi,
We developed a totally free (mt4) Money management script, which calculates the risk, the stop loss value and adjusts the position size automatically for each trade.
Your feedback would be highly appreciated. Thank you.
The link: http://www.mt4trademanager.com.au - MT4 Money Manager v2.0
Again: it is NOT for sale; it is totally free. If you could try it even on MAC that would be fantastic.
Your website looks similar to one of those clickbank websites where people sell "millionaire EAs". Your website requires e-mail id coz they want me to register first so that they can send download link.
If u want people to try ur tool then make it straight forward process. No one wants to register. I cant see any feedback about ur tool on any forum or website. I found nothing after googling.
Stick to your rules
I cannot trust any software unless I find positive reviews about it. This one looks good if I look at image. But all that process of giving mails and then receiving spam is unbearable.
Moreover how does it calculate risk and SL values? You should tell more about it.
The good or ill of a man lies within his own will. – Epictetus
I have seen similar post on another forum but no reviews. I think it is bcoz of compulsory registration. Usually users r redirected many times just to get a software. For example, they may ask u to take a survey before downloading software. Or they may ask u to try another software before testing this one.
I am interested in knowing its calculaton method. Not all details but an overview will answer it. Which indicators do u use and in which market conditions should we follow it?
Originally posted by SashaI am interested in knowing its calculaton method. Not all details but an overview will answer it. Which indicators do u use and in which market conditions should we follow it?
I agree that indicator is given but no information about its working is given. Webpage doesnt tell anything about what logic is used behind this indicator. There r so many ways to calculate SL so it is important to know which one is used in it. Similarly how it measures risk and lot size?
I don’t prefer such money managers, as they have no substance and only puts us off the track, so it’s far better and beneficial that we trade with our own level of skills. It’s always possible to learn, so never think it’s possible. I am forever ready to learn and due to broker like OctaFX, I have learned pretty nicely with their simple and easy educational setup and many other demo contests too, so that really enhances one chance to make profits.