Trading based on a grid of orders or pyramiding profits are some of the most powerful position management techniques. However, they have one major drawback: they are complicated to manage manually. Tracking ten open orders, calculating the average price, moving ten Stop Loss and Take Profit orders – all this generates stress and leads to costly mistakes. What if an intelligent assistant took over this entire process?
We are pleased to present the latest version of our flagship Expert Advisor (EA) for semi-automatic trading, created specifically to work with the unique price levels from DeepMarketLevel.com. This tool changes the rules of the game, introducing the concept of managing the entire setup as a single transaction.
Instead of thinking about individual orders, you start thinking about sets of positions (setups). Imagine you want to open a grid of 5 buy orders at an important DML support level. In the traditional approach, you would have to manually set 5 pending orders, and then, as the market activates them, manually move the Stop Loss and Take Profit for each one.
Our new assistant does it differently:
For the trader, this means a huge time saving and, more importantly, the elimination of emotions and errors in managing a complex order structure.
This tool does not operate in a vacuum. Its strength lies in its combination with our proprietary methodology:
We have fantastic news for our entire community. Our advanced setup management panel on the chart is now in its near-final version. Until now, it was only available in such an advanced form for the MT5 platform.
However, a key decision has been made: in response to numerous requests, we are also converting our advanced panel for the MT4 platform! Soon, users of the older platform version will receive the same powerful trade management capabilities.
What's more, all available robots (EAs) in the client panel are already updated to the latest versions, including the features described above.
We invite all our clients to log into the client panel and download the latest versions of the tools. We remind you that all our clients have access to updates completely free of charge!
Detailed user manuals for all tools can be found on our website in the Tools and Algo sections.
The end of this year will bring many more surprises and further steps in the development of our tools and their use in the context of the unique price levels that are DML levels. Don't miss it!