Hi there,

Please help. I am looking for a trademanager with an incrementing TP. It must also have a user defined SL (which doesn’t have to be a moving one) and only manage certain magic numbers. Is there something like this out there?

Unfortunately I do not have coding knowledge, and cannot make myself one.

I will appreciate any help.

Hallo,

Try MPTM: stevehopwoodforex.com • View topic - MPTM’s new home

Incrementing TP: not sure what you mean by this…

User defined SL: supported [ + other types of SL ]

Manage by Magic number: supported [ + other types of management criteria ]

Cheers

Hi Dudest,

Thank you for the reply. I have this one, tried it but unfortunately it doesn’t have that incrementing (stepping) TP.
It is sort of like a trailing TP, but it moves the TP, once it is reached. There are a lot of trademanagers with stepping SL’s but it is impossible to find a working one that has a stepping TP.

Hmm…that’s an interesting concept

Something I can’t figure out though: how is the TP moved when price reaches it? ( trade gets closed ).
Or do you mean when price gets to within a given %age of it?

Unfortunately I don’t know a manager that does that. Please let us know if you find a suitable one.

Cheers!

.

Hi Dudest. I am not a programmer, so unsure how it works, but here is an excellent trademanager (Manage Take Profit EA @ Forex Factory), just such a pity it was created years ago and doesn’t work on the newer versions of mt4 anymore.

Will post here if I find something…