Using the Profit Manager


The Profit Manager is used to monitor the overall profit of multiple open trades, and if configured, can include the results of recently closed trades.

The set of trades monitored by the Profit Manager is determined by the Order Selection configuration. The Order Selection configuration allows you to define the exact set of trades that you wish to manage.

When a predefined profit target or maximum loss is reached, the Profit Manager will close any open trades that meet the  Order Selection criteria. Additionally, the Profit Manager can be configured to prevent further trades from opening until the EA is reset, or a defined number of minutes or candles have passed.

The Profit Manager configuration window contains three sections: Target, Order Selection and Action.

Related Topics:
Property Window
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MetaTrader Platform Configuration
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Step 1
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Step 4
Logic
Using Easy Email from the Communication Manager
Using Easy Email from any Element
Testing the Easy Email Connection
Using FX PowerGrid
Using the Exit Plug-in
Using Client-Side Stops
Using an Offset Value
Using an Absolute Price Value
Building an Expert Advisor to draw and manage a Fibonacci retracement
Configuring the Weight and Threshold
EA-Indicator Plug-in
Enable the EA-Indicator Plug-in
Using the EA-Indicator Plug-in
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EA-Indicator Video
EA Secure Plug-in
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Chart Execute Plug-in
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Money Manager Plug-in
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Using the Multi Trade Plug-in
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Debug Manager Plug-in on a VTS Drawing