{"id":719,"date":"2023-12-13T13:10:56","date_gmt":"2023-12-13T11:10:56","guid":{"rendered":"https:\/\/investsoft.eu\/blog\/?p=719"},"modified":"2026-01-13T19:11:25","modified_gmt":"2026-01-13T17:11:25","slug":"trade-manager-mt4-mt5-whats-new-in-ver-3-38","status":"publish","type":"post","link":"https:\/\/www.investsoft.eu\/blog\/2023\/12\/13\/trade-manager-mt4-mt5-whats-new-in-ver-3-38\/","title":{"rendered":"TRADE MANAGER MT4\/MT5 \u2013 WHAT\u2019S NEW IN VER. 3.38"},"content":{"rendered":"\n<div class=\"is_cta_box\">\n  <div class=\"is_cta_title\">Get Trade Manager MT4 or MT5<\/div>\n  <div class=\"is_cta_text\">\n    Visit the official Trade Manager product page and get it for yourself. Choose MT4 or MT5 and start placing trades faster with built in lot size calculator.\n  <\/div>\n  <a class=\"is_cta_btn\" href=\"https:\/\/www.investsoft.eu\/forex-trade-manager-position-size-calculator.html?utm_source=blog&#038;utm_medium=cta&#038;utm_campaign=trade_manager&#038;utm_content=universal_bottom\">\n    Visit Trade Manager Website\n  <\/a>\n<\/div>\n\n\n\n<p>List of changes and new features in Trade Manager ver. 3.38:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"#be_multilvl\" data-type=\"internal\" data-id=\"#be_multilvl\">Multi-level Break Even<\/a><\/li>\n\n\n\n<li><a href=\"#ts_multilevel\" data-type=\"internal\" data-id=\"#ts_multilevel\">Multi-level Trailing Stop<\/a><\/li>\n\n\n\n<li><a href=\"#ts_highslows\" data-type=\"internal\" data-id=\"#ts_highslows\">Trailing Stop following high and lows<\/a><\/li>\n\n\n\n<li><a href=\"#ts_ma\" data-type=\"internal\" data-id=\"#ts_ma\">Trailing Stop based on a Moving Average<\/a><\/li>\n\n\n\n<li><a href=\"#ts_psar\" data-type=\"internal\" data-id=\"#ts_psar\">Trailing Stop based on the Parabolic SAR indicator<\/a><\/li>\n\n\n\n<li><a href=\"#ts_atr\" data-type=\"internal\" data-id=\"#ts_atr\">Trailing Stop based on the ATR indicator<\/a><\/li>\n\n\n\n<li><a href=\"#ts_partials\" data-type=\"internal\" data-id=\"#ts_partials\">Trailing Stop following the partial closing levels of the trade<\/a><\/li>\n\n\n\n<li><a href=\"#hotkeys\">Hotkeys improvements<\/a><\/li>\n\n\n\n<li><a href=\"#manual_be_partclose\">Reconstruction of the manual Break-Even and Partial Cosing sections in the main panel<\/a><\/li>\n\n\n\n<li><a href=\"#fixes_improvements\" data-type=\"internal\" data-id=\"#fixes_improvements\">Fixes and improvements<\/a><\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"be_multilvl\">Multi-level Break Even<\/h4>\n\n\n\n<p>Depending on the strategy we use in Forex trading, it is sometimes needed to move our Stop Loss to the break-even point or above it more than once.<\/p>\n\n\n\n<p>When the price goes in the direction we expect and starts making profits, we usually move the Stop Loss to the break-even level so that, in the worst case, we can exit the transaction at zero without reducing the size of our deposit. However, when the price continues to follow our expectations and approaches the Take Profit we have set, it would be a good idea to move the Stop Loss to the next level again, protecting a significant part of the profit already earned. If the price returns from around our Take Profit, we will exit this transaction with a profit.<\/p>\n\n\n\n<p>In Forex Trade Manager, such a task can be performed by the multi-level break even function.<\/p>\n\n\n\n<p>To activate multi-level break even, go to the third tab in the main panel and find the break even parameters.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"260\" height=\"249\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/be_multi_1.png\" alt=\"\" class=\"wp-image-724\"\/><\/figure>\n<\/div>\n\n\n<p>Then click on the header and select the &#8220;BE multi-level&#8221; option from the list.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"259\" height=\"248\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/be_multi_2.png\" alt=\"\" class=\"wp-image-725\"\/><\/figure>\n<\/div>\n\n\n<p>Four buttons will appear next to the list which indicate 4 different break even levels that you can define and activate.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"260\" height=\"138\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/be_multi_3.png\" alt=\"\" class=\"wp-image-726\"\/><\/figure>\n<\/div>\n\n\n<p>Click the button with the number &#8220;1&#8221; (you will see a white frame around the button which means it is an active button) and enter the parameters for the first level of Break Even:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Activation\u00a0<\/strong>\u2013 that is the level \/ moment when the stop loss should be moved to Break Even. The moment of activation can be set as:\n<ul class=\"wp-block-list\">\n<li>distance<strong>\u00a0in pips<\/strong>\u00a0from the opening price<\/li>\n\n\n\n<li><strong>percent (%)<\/strong>\u00a0of the distance from the opening price to TP, e.g. TP = 120 pips BE Activation = 30% means activate BE at 36 pips of profit (30% of 120 pips)<\/li>\n\n\n\n<li><strong>Risk Reward (RR)<\/strong>\u00a0means distance as ratio of SL distance eg activation = 1.0 R: R and SL = 30 pips then activate BE at 30 pips of profit; another example BE activation = 1.5 R: R and SL = 30 pips then activate BE at 45 pips of profit. This is always related to initial Stop Loss.<\/li>\n\n\n\n<li><strong>price\u00a0<\/strong>\u2013 a certain price level<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Profit<\/strong>\u00a0\u2013 the amount you need to protect by a BreakEven option. You can set this value in pips, percent (%), risk reward (rr) or price.<\/li>\n<\/ul>\n\n\n\n<p>Activate this BE level by clicking the red &#8220;OFF&#8221; button, which will now glow green.<br>The button with the number &#8220;1&#8221; will also light up green, which means that break-even is active for the first level.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"230\" height=\"118\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/be_multi_4.png\" alt=\"\" class=\"wp-image-727\"\/><\/figure>\n<\/div>\n\n\n<p>Then click the &#8220;2&#8221; button and enter new parameters for the second BE level and activate it.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"231\" height=\"116\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/be_multi_5.png\" alt=\"\" class=\"wp-image-728\"\/><\/figure>\n<\/div>\n\n\n<p>Do the same for subsequent levels if you need to activate them.<\/p>\n\n\n\n<p>Once you have set all the parameters, you can place the order. You should now see your settings for multi-level Break Even in the order parameters window.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"330\" height=\"401\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/be_multi_6.png\" alt=\"\" class=\"wp-image-729\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/be_multi_6.png 330w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/be_multi_6-247x300.png 247w\" sizes=\"auto, (max-width: 330px) 100vw, 330px\" \/><\/figure>\n<\/div>\n\n\n<p>This is what an example activation path for a two-level Break Even might look like.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"524\" height=\"377\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/be_multi_7.png\" alt=\"\" class=\"wp-image-722\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/be_multi_7.png 524w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/be_multi_7-300x216.png 300w\" sizes=\"auto, (max-width: 524px) 100vw, 524px\" \/><figcaption class=\"wp-element-caption\">This is a illustrative photo and the actual appearance of the program may differ from what is shown in the photo.<\/figcaption><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\" id=\"ts_multilevel\">Multi-level Trailing Stop<\/h4>\n\n\n\n<p>When we use Trailing Stop, we usually determine at the beginning of the transaction what distance the Stop Loss from the current price should be maintained by the program. At the initial stage of the transaction, it is good to maintain a sufficiently large distance so that the first pullback does not close our transaction. However, when the price approaches Take Profit, it is best to keep the SL distance closer to the current price. So that you do not have to sit in front of the chart and constantly monitor the price movement to modify the Trailing Stop parameters at the right moment, you can use a multi-level Trailing Stop in the Forex Trade Manager.<\/p>\n\n\n\n<p>To activate multi-level Trailing Stop, go to the third tab in the main panel and find the trailing stop parameters.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"325\" height=\"307\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_1.png\" alt=\"\" class=\"wp-image-731\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_1.png 325w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_1-300x283.png 300w\" sizes=\"auto, (max-width: 325px) 100vw, 325px\" \/><\/figure>\n<\/div>\n\n\n<p>Then click on the header and select the &#8220;TS multi-level&#8221; option from the list.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"325\" height=\"307\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_2.png\" alt=\"\" class=\"wp-image-732\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_2.png 325w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_2-300x283.png 300w\" sizes=\"auto, (max-width: 325px) 100vw, 325px\" \/><\/figure>\n<\/div>\n\n\n<p>Four buttons will appear next to the list which indicate 4 different trailing stop levels that you can define and activate.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"289\" height=\"167\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_3-1.png\" alt=\"\" class=\"wp-image-734\"\/><\/figure>\n<\/div>\n\n\n<p>Click the button with the number &#8220;1&#8221; (you will see a white frame around the button which means it is an active button) and enter the parameters for the first level of Trailing Stop:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Start<\/strong>\u00a0\u2013 number of pips of profit to activate trailing stop. The \u201cStart\u201d can be set as:\n<ul class=\"wp-block-list\">\n<li>distance<strong>\u00a0in pips<\/strong>\u00a0from the opening price<\/li>\n\n\n\n<li><strong>percent (%)<\/strong>\u00a0of the distance from the opening price to TP, e.g. TP = 88 pips TS Start = 30% means activate Trailing Stop at 26.4 pips of profit (30% of 88 pips)<\/li>\n\n\n\n<li><strong>Risk Reward (RR)<\/strong>\u00a0means distance as ratio of SL distance eg activation = 1.2 R: R and SL = 30 pips then activate BE at 36 pips of profit. This is always related to initial Stop Loss.<\/li>\n\n\n\n<li><strong>price (pr.)\u00a0<\/strong>\u2013 a certain price level<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Trailing<\/strong>\u00a0\u2013 when trailing stop will start and move stop loss, here we can define a distance of stop loss to current price. The \u201cTrailing\u201d value can be defined as\n<ul class=\"wp-block-list\">\n<li>fixed stop distance from the current price, e.g. 20 pips,<\/li>\n\n\n\n<li>percent (%) of earned profit. For example, if we set the parameter trailing = 25%, then when we have profit = 40 pips, then the stop will be moved 10 pips from the opening price (25% of 40 pips = 10 pips).<\/li>\n\n\n\n<li>Risk Reward (RR) \u2013 in this case, you can define the distance maintained by the stop loss to the current price as a fraction or a multiple of the initial stop loss. For example, if we have a trade with an initial stop loss = 50 pips, then by defining the trailing as 1.5 rr then at each move it will be a distance from the current price equal to 1.5 * initial stop loss = 50 pips which is 75 pips.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Step<\/strong>\u00a0\u2013 how many pips of profit causes the move of the stop level, i.e. how often stop loss is to be moved. You can define this parameter as distance in pips or risk reward related to the initial Stop Loss.<\/li>\n<\/ul>\n\n\n\n<p>Activate this TS level by clicking the red &#8220;OFF&#8221; button, which will now glow green.<br>The button with the number &#8220;1&#8221; will also light up green, which means that trailing stop is active for the first level.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"284\" height=\"165\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_4.png\" alt=\"\" class=\"wp-image-735\"\/><\/figure>\n<\/div>\n\n\n<p>Then click the &#8220;2&#8221; button and enter new parameters for the second Trailing Stop level and activate it.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"288\" height=\"167\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_5.png\" alt=\"\" class=\"wp-image-736\"\/><\/figure>\n<\/div>\n\n\n<p>Do the same for subsequent levels if you need to activate them.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"285\" height=\"164\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_6.png\" alt=\"\" class=\"wp-image-737\"\/><\/figure>\n<\/div>\n\n\n<p><strong>ATTENTION! It is important to set the Trailing Stop activation levels in ascending order, e.g. TS Start = 0 pips at level 1, then TS Start = 20 pips at level 2, TS Start = 40 pips at level 3, etc.<\/strong><\/p>\n\n\n\n<p>Once you have set all the parameters, you can place the order. You should now see your settings for multi-level Trailing Stop in the order parameters window.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"412\" height=\"504\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_7.png\" alt=\"\" class=\"wp-image-738\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_7.png 412w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_7-245x300.png 245w\" sizes=\"auto, (max-width: 412px) 100vw, 412px\" \/><\/figure>\n<\/div>\n\n\n<p>Below is a diagram of how a multi-level Trailing Stop works, with tightening Stop Loss at each stage of the way to Take Profit.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"360\" height=\"456\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_8.png\" alt=\"\" class=\"wp-image-739\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_8.png 360w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_multi_8-237x300.png 237w\" sizes=\"auto, (max-width: 360px) 100vw, 360px\" \/><figcaption class=\"wp-element-caption\">This is a illustrative photo and the actual appearance of the program may differ from what is shown in the photo.<\/figcaption><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\" id=\"ts_highslows\">Trailing Stop following high and lows<\/h4>\n\n\n\n<p>When the security we are trading on is in a trend, it will move in the selected direction, periodically perform a pullback and then continue to move in the selected direction, creating a sequence of higher lows or lower highs.<br>Trade Manager has a Trailig Stop function in a variant where can be set to follow higher lows in an uptrend or follow lower highs in a downtrend.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"656\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_1-1024x656.png\" alt=\"\" class=\"wp-image-743\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_1-1024x656.png 1024w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_1-300x192.png 300w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_1-768x492.png 768w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_1.png 1139w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"704\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_2-1024x704.png\" alt=\"\" class=\"wp-image-744\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_2-1024x704.png 1024w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_2-300x206.png 300w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_2-768x528.png 768w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_2.png 1055w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p>To activate Trailing Stop following highs\/lows, go to the third tab in the main panel, find the trailing stop parameters, expand the drop down list and select the &#8220;TS high &amp; lows&#8221; option from the list.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"387\" height=\"368\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_3.png\" alt=\"\" class=\"wp-image-741\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_3.png 387w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_3-300x285.png 300w\" sizes=\"auto, (max-width: 387px) 100vw, 387px\" \/><\/figure>\n<\/div>\n\n\n<p>Then define the operating parameters of this Trailing Stop variant:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"339\" height=\"210\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_8.png\" alt=\"\" class=\"wp-image-749\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_8.png 339w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_8-300x186.png 300w\" sizes=\"auto, (max-width: 339px) 100vw, 339px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Start<\/strong>\u00a0\u2013 number of pips of profit to activate trailing stop. The \u201cStart\u201d can be set as:<ul><li>distance<strong>\u00a0in pips<\/strong>\u00a0from the opening price<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>percent (%)<\/strong>\u00a0of the distance from the opening price to TP, e.g. TP = 88 pips TS Start = 30% means activate Trailing Stop at 26.4 pips of profit (30% of 88 pips)<\/li>\n\n\n\n<li><strong>Risk Reward (RR)<\/strong>\u00a0means distance as ratio of SL distance eg activation = 1.2 R: R and SL = 30 pips then activate BE at 36 pips of profit. This is always related to initial Stop Loss.<\/li>\n\n\n\n<li><strong>price (pr.)\u00a0<\/strong>\u2013 a certain price level<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Bars no.<\/strong> &#8211; the number of bars before and after the peak\/hole, which have a lower bar high\/low than the bar that defines the peak\/hole, e.g. 3 bars before and after.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"344\" height=\"420\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_4.png\" alt=\"\" class=\"wp-image-745\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_4.png 344w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_4-246x300.png 246w\" sizes=\"auto, (max-width: 344px) 100vw, 344px\" \/><\/figure>\n<\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"424\" height=\"449\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_5.png\" alt=\"\" class=\"wp-image-746\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_5.png 424w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_5-283x300.png 283w\" sizes=\"auto, (max-width: 424px) 100vw, 424px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>H\/L back<\/strong> &#8211; at which peak\/hole the Stop Loss should be set. For example, if you set the value to 1, the SL will always be set at the last (newest) peak\/hole, if you set it to 2, then at the penultimate H\/L one, etc.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"577\" height=\"714\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_6.png\" alt=\"\" class=\"wp-image-747\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_6.png 577w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_6-242x300.png 242w\" sizes=\"auto, (max-width: 577px) 100vw, 577px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Offset <\/strong>&#8211; here you can specify whether and by how many pips the Stop Loss should be moved away from the peak or hole. If you set the value to 0, SL will always be set at the peak or hole. If you set e.g. 2 pips, the program will set the SL 2 pips above the peak or 2 pips below the hole.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"194\" height=\"263\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_hl_7.png\" alt=\"\" class=\"wp-image-748\"\/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Timeframe <\/strong>&#8211; here you can specify whether the program should look for a peak or hole on the current chart or on a chart with a different timeframe.<\/li>\n<\/ul>\n\n\n\n<p>Once you have set all the parameters, activate trailing stop by clicking the red OFF button turning it into green ON. Now you can place the order with Trailing Stop.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"ts_ma\">Trailing Stop based on a Moving Average<\/h4>\n\n\n\n<p>One variant of Trailing Stop is following the moving average. A moving average is simply a way to smooth out price fluctuations to help you distinguish between typical market \u201cnoise\u201d and the actual trend direction. Therefore, an interesting solution is to keep the Stop Loss at the level set by this one of the most popular indicators.<\/p>\n\n\n\n<p>To activate Trailing Stop following Moving Average, go to the third tab in the main panel, find the trailing stop parameters, expand the drop down list and select the &#8220;TS Moving Average&#8221; option from the list.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"325\" height=\"360\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_ma_2.png\" alt=\"\" class=\"wp-image-750\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_ma_2.png 325w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_ma_2-271x300.png 271w\" sizes=\"auto, (max-width: 325px) 100vw, 325px\" \/><\/figure>\n<\/div>\n\n\n<p>Then define the operating parameters of this Trailing Stop variant:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"286\" height=\"193\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_ma_3.png\" alt=\"\" class=\"wp-image-751\"\/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Start<\/strong>\u00a0\u2013 number of pips of profit to activate trailing stop. The \u201cStart\u201d can be set as:\n<ul class=\"wp-block-list\">\n<li>distance<strong>\u00a0in pips<\/strong>\u00a0from the opening price<\/li>\n\n\n\n<li><strong>percent (%)<\/strong>\u00a0of the distance from the opening price to TP, e.g. TP = 88 pips TS Start = 30% means activate Trailing Stop at 26.4 pips of profit (30% of 88 pips)<\/li>\n\n\n\n<li><strong>Risk Reward (RR)<\/strong>\u00a0means distance as ratio of SL distance eg activation = 1.2 R: R and SL = 30 pips then activate BE at 36 pips of profit. This is always related to initial Stop Loss.<\/li>\n\n\n\n<li><strong>price (pr.)\u00a0<\/strong>\u2013 a certain price level<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>MA Period<\/strong> &#8211;  the number of bars\/candles including in the moving average calculation. The shorter &#8220;Period&#8221;, the fewer the data points that are included in the moving average calculation, which means the closer the moving average stays to the current price. The longer its &#8220;Period&#8221;, the more data points that are included in the moving average calculation, which means the less any single price can affect the overall average.<\/li>\n\n\n\n<li><strong>MA Type<\/strong> &#8211; selecting the moving average calculation method:\n<ul class=\"wp-block-list\">\n<li><strong>SMA <\/strong>&#8211; Simple averaging<\/li>\n\n\n\n<li><strong>EMA <\/strong>&#8211; Exponential averaging<\/li>\n\n\n\n<li><strong>SMMA <\/strong>&#8211; Smoothed averaging<\/li>\n\n\n\n<li><strong>LWMA <\/strong>&#8211; Linear-weighted averaging<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>MA Price<\/strong> &#8211; type of price that will be used to calculate the moving average:\n<ul class=\"wp-block-list\">\n<li><strong>CLOSE<\/strong> &#8211; close price<\/li>\n\n\n\n<li><strong>HIGH<\/strong> &#8211; maximum price<\/li>\n\n\n\n<li><strong>LOW<\/strong> &#8211; minimum price<\/li>\n\n\n\n<li><strong>OPEN <\/strong>&#8211; open price<\/li>\n\n\n\n<li><strong>MEDIAN<\/strong> &#8211; median price calculated by formula (high + low) \/ 2<\/li>\n\n\n\n<li><strong>TYPICAL<\/strong> &#8211; typical price calculated by formula (high + low + close) \/ 3<\/li>\n\n\n\n<li><strong>WEIGHTED <\/strong>&#8211; weighted close price calculated by formula (high + low + close + close) \/ 4<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Timeframe <\/strong>&#8211; here you can specify whether the program should calculate Moving Average on the current chart or on a chart with a different timeframe.<\/li>\n<\/ul>\n\n\n\n<p>Once you have set all the parameters, activate trailing stop by clicking the red OFF button turning it into green ON. Now you can place the order with Trailing Stop.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"558\" height=\"565\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_ma_1.png\" alt=\"\" class=\"wp-image-752\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_ma_1.png 558w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_ma_1-296x300.png 296w\" sizes=\"auto, (max-width: 558px) 100vw, 558px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\" id=\"ts_psar\">Trailing Stop based on the Parabolic SAR indicator<\/h4>\n\n\n\n<p>The Parabolic SAR, or Parabolic Stop and Reverse, is a trailing stop-based trading system and is often used as a technical indicator as well. The Parabolic SAR serves three basic functions:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>to highlight the current trend<\/li>\n\n\n\n<li>to attempt to forecast a reversal in the prevailing trend<\/li>\n\n\n\n<li>to provide potential exit and entry signals during a reversal<\/li>\n<\/ul>\n\n\n\n<p>In Forex Trade Manager you can also use the Parabolic SAR indicator for the Trailing Stop function. To do this, go to the third tab in the main panel, find the trailing stop parameters, expand the drop down list and select the &#8220;TS Parabolic SAR&#8221; option from the list.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"325\" height=\"320\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_psar_3.png\" alt=\"\" class=\"wp-image-753\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_psar_3.png 325w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_psar_3-300x295.png 300w\" sizes=\"auto, (max-width: 325px) 100vw, 325px\" \/><\/figure>\n<\/div>\n\n\n<p>Then define the operating parameters of this Trailing Stop variant:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"286\" height=\"153\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_psar_4.png\" alt=\"\" class=\"wp-image-754\"\/><\/figure>\n<\/div>\n\n\n<ul id=\"block-66bd365a-ddd3-4514-b7c1-864f81aa03c8\" class=\"wp-block-list\">\n<li><strong>Start<\/strong>\u00a0\u2013 number of pips of profit to activate trailing stop. The \u201cStart\u201d can be set as:\n<ul class=\"wp-block-list\">\n<li>distance<strong>\u00a0in pips<\/strong>\u00a0from the opening price<\/li>\n\n\n\n<li><strong>percent (%)<\/strong>\u00a0of the distance from the opening price to TP, e.g. TP = 88 pips TS Start = 30% means activate Trailing Stop at 26.4 pips of profit (30% of 88 pips)<\/li>\n\n\n\n<li><strong>Risk Reward (RR)<\/strong>\u00a0means distance as ratio of SL distance eg activation = 1.2 R: R and SL = 30 pips then activate BE at 36 pips of profit. This is always related to initial Stop Loss.<\/li>\n\n\n\n<li><strong>price (pr.)\u00a0<\/strong>\u2013 a certain price level<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Step<\/strong> &#8211; the step of price increment<\/li>\n\n\n\n<li><strong>Maximum <\/strong>&#8211; the maximum step<\/li>\n\n\n\n<li><strong>Timeframe <\/strong>&#8211; here you can specify whether the program should calculate Parabolic SAR on the current chart or on a chart with a different timeframe.<\/li>\n<\/ul>\n\n\n\n<p>Once you have set all the parameters, activate trailing stop by clicking the red OFF button turning it into green ON. Now you can place the order with Trailing Stop.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"529\" height=\"378\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_psar_1.png\" alt=\"\" class=\"wp-image-755\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_psar_1.png 529w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_psar_1-300x214.png 300w\" sizes=\"auto, (max-width: 529px) 100vw, 529px\" \/><\/figure>\n<\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"529\" height=\"378\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_psar_2.png\" alt=\"\" class=\"wp-image-756\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_psar_2.png 529w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_psar_2-300x214.png 300w\" sizes=\"auto, (max-width: 529px) 100vw, 529px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\" id=\"ts_atr\">Trailing Stop based on the ATR indicator<\/h4>\n\n\n\n<p>The average true range (ATR) is a technical analysis indicator that measures market volatility by decomposing the entire range of an asset price for that period. It was created to allow traders to more accurately measure the daily volatility of an asset by using simple calculations. ATR can therefore be used to determine the distance that the Stop Loss should maintain from the current price so that the trade is not terminated at the first price pullback.<\/p>\n\n\n\n<p>To use the ATR indicator in your Trailing Stop, go to the third tab in the main panel, find the trailing stop parameters, expand the drop down list and select the &#8220;TS ATR&#8221; option from the list.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"325\" height=\"307\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_atr_1.png\" alt=\"\" class=\"wp-image-759\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_atr_1.png 325w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_atr_1-300x283.png 300w\" sizes=\"auto, (max-width: 325px) 100vw, 325px\" \/><\/figure>\n<\/div>\n\n\n<p>Then define the operating parameters of this Trailing Stop variant:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"278\" height=\"147\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_atr_2.png\" alt=\"\" class=\"wp-image-760\"\/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Start<\/strong>\u00a0\u2013 number of pips of profit to activate trailing stop. The \u201cStart\u201d can be set as:\n<ul class=\"wp-block-list\">\n<li>distance<strong>\u00a0in pips<\/strong>\u00a0from the opening price<\/li>\n\n\n\n<li><strong>percent (%)<\/strong>\u00a0of the distance from the opening price to TP, e.g. TP = 88 pips TS Start = 30% means activate Trailing Stop at 26.4 pips of profit (30% of 88 pips)<\/li>\n\n\n\n<li><strong>Risk Reward (RR)<\/strong>\u00a0means distance as ratio of SL distance eg activation = 1.2 R: R and SL = 30 pips then activate BE at 36 pips of profit. This is always related to initial Stop Loss.<\/li>\n\n\n\n<li><strong>price (pr.)\u00a0<\/strong>\u2013 a certain price level<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>ATR Period<\/strong> &#8211; the number of recent bars\/candles included in the calculation of the ATR indicator value<\/li>\n\n\n\n<li><strong>ATR Multiplier<\/strong> &#8211; ATR value multiplier. You can set the Trailing Stop distance as a multiple of ATR. <\/li>\n\n\n\n<li><strong>Timeframe <\/strong>&#8211; here you can specify whether the program should calculate ATR on the current chart or on a chart with a different timeframe.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"392\" height=\"372\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_atr_3.png\" alt=\"\" class=\"wp-image-770\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_atr_3.png 392w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_atr_3-300x285.png 300w\" sizes=\"auto, (max-width: 392px) 100vw, 392px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\" id=\"ts_partials\">Trailing Stop following the partial closing levels of the trade<\/h4>\n\n\n\n<p>In Forex Trade Manager it is possible to set partial closing levels. Some traders also use these levels to protect the profits of their trades by resetting the SL to the previous level after closing subsequent parts. This operation can be automated and the Trailing Stop function can be activated to follow the partial closure levels.<\/p>\n\n\n\n<p>To do this, go to the third tab in the main panel, find the trailing stop parameters, expand the drop down list and select the &#8220;TS Follow Partials&#8221; option from the list.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"325\" height=\"307\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_partials_1.png\" alt=\"\" class=\"wp-image-761\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_partials_1.png 325w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_partials_1-300x283.png 300w\" sizes=\"auto, (max-width: 325px) 100vw, 325px\" \/><\/figure>\n<\/div>\n\n\n<p>We have 4 checkboxes to select, which determine at which partial closing levels the program should move the Stop Loss.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"278\" height=\"147\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_partials_2.png\" alt=\"\" class=\"wp-image-762\"\/><\/figure>\n<\/div>\n\n\n<p>And now, if we check all 4 checkboxes, the program will move:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>SL to BE after TP1 activation<\/li>\n\n\n\n<li>SL on TP1 after TP2 activation<\/li>\n\n\n\n<li>SL on TP2 after TP3 activation<\/li>\n\n\n\n<li>SL on TP3 after TP4 activation<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"370\" height=\"484\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_partials_4.png\" alt=\"\" class=\"wp-image-765\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_partials_4.png 370w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_partials_4-229x300.png 229w\" sizes=\"auto, (max-width: 370px) 100vw, 370px\" \/><\/figure>\n<\/div>\n\n\n<p><strong><span class=\"has-inline-color has-vivid-red-color\">ATTENTION! A necessary condition for the following function to work is the activation of the partial transaction closing function described <a rel=\"noreferrer noopener\" href=\"https:\/\/www.investsoft.eu\/blog\/index.php\/2021\/11\/30\/trade-manager-user-manual\/#Partial_profit_and_loss_closing\" target=\"_blank\">here.<\/a><\/span><\/strong><\/p>\n\n\n\n<p>Another example is if we have all 4 levels of partial closure active <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"278\" height=\"156\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/part_close_tp1-4.png\" alt=\"\" class=\"wp-image-764\"\/><\/figure>\n<\/div>\n\n\n<p>but only 2 checkboxes are checked:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"278\" height=\"147\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_partials_3.png\" alt=\"\" class=\"wp-image-763\"\/><\/figure>\n<\/div>\n\n\n<p>then the program will perform the following moves:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"370\" height=\"484\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_partials_5.png\" alt=\"\" class=\"wp-image-766\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_partials_5.png 370w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/ts_partials_5-229x300.png 229w\" sizes=\"auto, (max-width: 370px) 100vw, 370px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\" id=\"hotkeys\">Hotkeys improvements<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ability to completely disable hotkeys in the program settings<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"498\" height=\"507\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/hotkeys1.png\" alt=\"\" class=\"wp-image-767\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/hotkeys1.png 498w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/hotkeys1-295x300.png 295w\" sizes=\"auto, (max-width: 498px) 100vw, 498px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li>ability to assign the ESC key<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"498\" height=\"507\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/hotkeys2.png\" alt=\"\" class=\"wp-image-768\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/hotkeys2.png 498w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/hotkeys2-295x300.png 295w\" sizes=\"auto, (max-width: 498px) 100vw, 498px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li>ability to assign a separate hotkey for drawing the open\/stop\/target block in the SELL direction<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"487\" height=\"479\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/hotkeys3.png\" alt=\"\" class=\"wp-image-769\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/hotkeys3.png 487w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/hotkeys3-300x295.png 300w\" sizes=\"auto, (max-width: 487px) 100vw, 487px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\" id=\"manual_be_partclose\">Reconstruction of the manual Break-Even and Partial Cosing sections in the main panel<\/h4>\n\n\n\n<p>In the new version, we have rebuilt the manual move SL to BE and partial closing section. The functions available in this section applies to all currently open trades of the current symbol. These section can be collapsed or expanded.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"357\" height=\"125\" src=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/manual_be_part_close.png\" alt=\"\" class=\"wp-image-771\" srcset=\"https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/manual_be_part_close.png 357w, https:\/\/www.investsoft.eu\/blog\/wp-content\/uploads\/2023\/12\/manual_be_part_close-300x105.png 300w\" sizes=\"auto, (max-width: 357px) 100vw, 357px\" \/><\/figure>\n<\/div>\n\n\n<p>The Move SL to BE feature will move the SL to BE for all trades that meet the move conditions (the trade must be in profit). In the text field next to the button, we can define the SL offset relative to the opening price, i.e., for example, we can set the SL after the move to be 3 pips above or below the opening price to cover any commission costs and slippage.<\/p>\n\n\n\n<p>The offset value can be defined as distance in pips, distance percent from open price to TP (%), risk reward (rr) or price (pr.).<\/p>\n\n\n\n<p>The &#8220;Close Part&#8221; button closes part of all open trades for the current symbol. In the text field next to the button you can specify which part should be closed. This can be a % of the current lot or a fixed lot value.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"fixes_improvements\">Fixes and improvements<\/h4>\n\n\n\n<p>We have fixed the fact that information bars remain in a fixed location for open transactions. As we know, when switching charts or minimizing-restoring the chart window, these bars sometimes changed their position. From this version, their position remains unchanged until the user drags it to another place.<\/p>\n\n\n\n<p>We have fixed the change of background color and text in the information bar when a transaction is open<\/p>\n\n\n\n<p>We have improved the deletion of virtual pending orders using hotkeys.<\/p>\n\n\n\n<div class=\"is_cta_box\">\n  <div class=\"is_cta_title\">Get Trade Manager MT4 or MT5<\/div>\n  <div class=\"is_cta_text\">\n    Visit the official Trade Manager product page and get it for yourself. Choose MT4 or MT5 and start placing trades faster with built in lot size calculator.\n  <\/div>\n  <a class=\"is_cta_btn\" href=\"https:\/\/www.investsoft.eu\/forex-trade-manager-position-size-calculator.html?utm_source=blog&#038;utm_medium=cta&#038;utm_campaign=trade_manager&#038;utm_content=universal_bottom\">\n    Visit Trade Manager Website\n  <\/a>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Get Trade Manager MT4 or MT5 Visit the official Trade Manager product page and get it for yourself. Choose MT4 or MT5 and start placing trades faster with built in lot size calculator. Visit Trade Manager Website List of changes and new features in Trade Manager ver. 3.38: Multi-level Break Even Depending on the strategy we use in Forex trading, it is sometimes needed to move our Stop Loss to the break-even point or above it more than once. When the price goes in the&#8230;<span class=\"clearfix clearfix-post\"><\/span><a href=\"https:\/\/www.investsoft.eu\/blog\/2023\/12\/13\/trade-manager-mt4-mt5-whats-new-in-ver-3-38\/\" class=\"more-link\">Continue Reading <span class=\"screen-reader-text\">&#8220;TRADE MANAGER MT4\/MT5 \u2013 WHAT\u2019S NEW IN VER. 3.38&#8221;<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[79,77,80,76,82,81,54,78,83,84,87,90,88,91,92,89],"class_list":["post-719","post","type-post","status-publish","format-standard","hentry","category-forex-trader_manager","tag-auto-be","tag-automatic-break-even","tag-forex-be","tag-forex-break-even","tag-forex-trailing-stop","tag-forex-ts","tag-hotkeys","tag-multi-level-break-even","tag-multi-level-trailing-stop","tag-multi-level-ts","tag-trailing-stop-following-atr","tag-trailing-stop-following-highs-and-lows","tag-trailing-stop-following-ma","tag-trailing-stop-following-parabolic-sar","tag-trailing-stop-following-partial-closing","tag-ts-moving-average"],"_links":{"self":[{"href":"https:\/\/www.investsoft.eu\/blog\/wp-json\/wp\/v2\/posts\/719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investsoft.eu\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investsoft.eu\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investsoft.eu\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investsoft.eu\/blog\/wp-json\/wp\/v2\/comments?post=719"}],"version-history":[{"count":14,"href":"https:\/\/www.investsoft.eu\/blog\/wp-json\/wp\/v2\/posts\/719\/revisions"}],"predecessor-version":[{"id":1022,"href":"https:\/\/www.investsoft.eu\/blog\/wp-json\/wp\/v2\/posts\/719\/revisions\/1022"}],"wp:attachment":[{"href":"https:\/\/www.investsoft.eu\/blog\/wp-json\/wp\/v2\/media?parent=719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investsoft.eu\/blog\/wp-json\/wp\/v2\/categories?post=719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investsoft.eu\/blog\/wp-json\/wp\/v2\/tags?post=719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}