If you’re trading on ECN, ECN Zero, or Pro accounts in MetaTrader 4 or 5, you might’ve noticed something a bit tricky: preset stop-loss and take-profit levels aren’t allowed. That can throw a wrench in your trading strategy, especially if you prefer to have everything set up before diving into the market.
But don’t worry! If you want to set your stop-loss and take-profit levels for an order, you’ll just need to make some adjustments after you’ve opened the position. It might sound like a hassle, but that’s where the ECN Trade Modifier comes in handy.
This nifty little tool saves you precious time by automatically modifying your new trade positions to your desired stop-loss and take-profit values as soon as they’re opened. This is a game-changer for scalpers who want to avoid the tedious task of manually updating each trade position after executing a market order.
So, if you’re looking to streamline your trading process and focus more on making profits rather than tweaking settings, the ECN Trade Modifier is definitely worth considering!
Code contributed by Maduagwuna L.
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