Need Tp and Sl tool

Beginner Questions
1

Hi, can anyone recommend a good trading tool that will allow me to set my tp and sl automatically when I’m entering into a trade rather than through my broker? Also, preferrably one I can use for my demo account as well as for my real. Thanks

2

This is an EA for Metatrader 4 that works like a charm.

TradeManager.zip (4.98 KB)

3

If you have excel you could create a quick calculator where you enter current balance-risk %-pips SL and it spits out Lots to trade-SL-TP.

I tried to post mine, but can’t post excel I guess.

4

Yo��ll need: size of your account, risk per trade, pip value, and your SL in terms of pips. Then open an excel and create a very basic formula to establish the volume…