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What is Forex inControl?
In the realm of Forex trading, protecting your capital is essential, highlighting the importance of robust money management strategies. Our Expert Advisor (EA) is specifically engineered to establish a clear maximum drawdown limit, ensuring that your losses remain within your predefined expectations, regardless of market conditions. Utilizing cutting-edge technology, this EA automatically adjusts StopLoss levels for all open trades to a threshold that prevents you from exceeding your specified loss limits. The sophisticated algorithm at the heart of Forex inControl boasts the capability to function effectively across a range of currency pairs; however, we have chosen to focus on the top two for optimal results. By concentrating on these two pairs, any potential losses incurred in one can be counterbalanced by gains in the other, promoting a more measured approach to risk management. This diversification strategy not only helps stabilize profits but also allows for tailored drawdown management for each pair, significantly improving your risk mitigation efforts. Overall, this carefully crafted approach offers a unique opportunity to achieve steady profits while reducing your vulnerability to significant losses, making it a strategic asset for any trader.
What is Forex Trade Manager?
To place an order in Metatrader, one must access a specific interface where they can enter details such as the opening price, stop loss, take profit, and trade size. Capital management is vital in financial trading to safeguard your initial funds and facilitate gradual growth. Before deciding on the appropriate trade size, it's essential to conduct calculations to determine how much you should invest. For scalpers who need the agility to rapidly open and close trades without setting stop losses or profit targets, the Trade Manager panel offers an effective solution by allowing fixed order parameters for swift execution. Furthermore, this panel enhances the process of managing orders by permitting users to close all positions with a single click or selectively delete certain pending orders based on their profitability. This flexibility not only saves time but also empowers traders to make quick decisions, highlighting the Trade Manager's significance in enhancing trading efficiency. Ultimately, its user-friendly features cater to the fast-paced nature of trading, making it an essential asset for those who seek to optimize their performance in the markets.
Integrations Supported
MetaTrader 4
MetaTrader 5
API Availability
Has API
API Availability
Has API
Pricing Information
$270 one-time payment
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Forex inControl
Date Founded
2013
Company Website
forex-incontrol.com
Company Facts
Organization Name
Forex Trade Manager
Company Location
United States
Company Website
www.mql5.com/en/market/product/37228