Wednesday, October 2, 2024

TRADING KEYS: GUIDE – Different – 6 June 2024

The Free Demo doesn’t work within the technique tester, CLICK HERE to obtain a completely purposeful Demo

Purchase the total model HERE

Introduction

  • TRADING KEYS is a buying and selling app designed for guide buying and selling on MT5
  • Though it suits all kinds of buying and selling, day merchants will discover it most helpful
  • It permits consumer to handle positions effectively with out the necessity to open some other window apart from the chart

It helps all belongings (foreign exchange, indices, shares and cryptocurrencies), account sorts (unfold or fee) and account currencies supplied by MT5

This information offers info on tips on how to get began with TRADING KEYS app, the buying and selling and threat administration instruments and tips on how to use them, the app’s interface and its further performance

Options

  • Alternative of dynamic or mounted Place Dimension: the tactic of dynamic dimension calculation is exclusive, it take into accounts the volatility of the market you’re buying and selling and your threat tolerance
    Danger is managed by the consumer within the type of the quantity of leverage (e.g. 10, 50 or 100)
  • Calculate and show required margin for the desired place dimension
  • Calculate and show anticipated fee and swap for the desired place dimension earlier than opening the place
  • Every place will probably be displayed as a separate panel (see screenshots) with the flexibility to handle the place with one click on:
    • Transfer TP to a number of ranges of R:R ratios (1:1, 2:1 or 3:1)
    • Transfer SL to breakeven
    • Copy the best or the bottom SL or TP, relying on the course of the commerce
    • Shut 1/2 or 1/4 of the the place
    • Show the breakeven value line on the chart contemplating fee and swap
    • Show PnL (together with fee and swap within the calculation)
    • Show the worth of the fee and swap for every place, whether or not its charged or credited
    • Take away SL or TP, or shut the total place
  • Show whole positions depend and image positions depend with the flexibility to shut all positions or image positions
  • Further SL and TP methodology utilizing PnL
  • Show in the present day’s PnL, in the present day’s commissions and in the present day’s swaps
  • Show steadiness, free margin and open positions swaps
  • Show the present candle countdown timer
  • Simple chart shift to the precise or to the left to keep away from overlap with panel incase of utilizing a small display screen

Solely 10 inputs. consumer doesn’t have to enter all 10

Part A: Place dimension settings

(1) Place dimension mode: by default is ready to: Fastened place dimension

There are 2 choices for place dimension:

  • Fastened Place Dimension: the place consumer inputs the popular place dimension in tons
  • Dynamic Place Dimension: a novel system that calculates place dimension in response to market volatility and threat tolerance

(2) Consumer Inputs place dimension in tons if first possibility in place dimension mode is chosen
By default is ready to the minimal 0.01

(3)  Consumer Inputs most popular leverage if second possibility in place dimension mode is chosen
By default is ready to 10

Part B: Charges (Fee & Swap)

(4) Fee: by default is ready to 0
if the consumer’s buying and selling account is a fee account, this worth ought to be copied from the specification tab of the traded image
Solely the numerical worth to be copied as it’s, subsequent step the fee unit will probably be chosen from a dropdown menu, no have to enter the foreign money as foreign money conversion calculation will probably be dealt with effectively by the TRADING KEYS app
examples:

  •  copied as: 3.5
  •  copied as: 0.02
  •  copied as: 0.1

(5) Fee unit:
choices are:

  • Money (Foreign exchange)
    instance: 
  • Money (Shares)
    instance: 
  • Share (Shares)
    instance: 

(6) Minimal fee: by default is ready to 0
instance:   copied as: 0.02

(7)(8) Swap: by default is ready to 0
Solely the numerical worth to be copied as it’s with the damaging signal (-) if there may be, no have to enter the swap sort as swap calculation will probably be dealt with effectively by the TRADING KEYS app
instance:   copied as: 16.8 for Swap lengthy & -35.8 for Swap brief

Part C:

(9) Most positions per image: choices: 1-10, by default is ready to: 5
Consumer selects from 1-10 in response to his display screen dimension, since every place will open a separate panel on the precise facet of the chart window. for instance: max of 5 for a 13″ display screen and max of 10 for a 27″ display screen

(10) Image SL/TP by PnL: by default is ready to false (disabled)
Consumer can set stop-loss or take-profit in money. it applies to the full PnL of the chart image, no matter particular person trades SL or TP
instance: in case you have 3 open positions in EURUSD, and every place has its personal SL and TP, one among them is in loss and the opposite two are in revenue, and the full PnL for all 3 positions is +50 USD. Utilizing this function you may set stop-loss to 30 USD and take-profit to 60 USD for the full PnL of all 3 positions. now if the full PnL for all 3 positions dropped to 30 USD or rose to 60 USD, all 3 positions will shut

Furthermore, for those who saved SL/TP by PnL worth at 0, it can act as breakeven, so if the full PnL for all 3 positions dropped to 0,  all 3 positions will shut

Trading Keys

  • Anticipated swap brief (abbreviation S)
  • Anticipated swap lengthy (abbreviation L)
  • Anticipated fee (abbreviation C)
    Word that textual content colour signifies if its credited (inexperienced) or charged (purple)
This label will probably be displayed provided that the subsequent in a single day swap is triple the common price. for foreign exchange, normally its Wednesday and for different belongings normally its Friday (variable)
instance:

Single place full management panel
1R, 2R & 3R*
Click on to set/transfer take-profit to 1:1, 2:1 or 3:1 R:R Ratio
  • Click on to shut ¼ Place Dimension
  • Click on to shut ½ Place Dimension

  • Click on to repeat the best stop-loss value or the best take-profit value from all image positions (transfer SL or TP larger)
  • Click on to repeat the bottom stop-loss value or the bottom take-profit value from all image positions  (transfer SL or TP decrease)
  • Word that the button will disappear as soon as the operate is executed
  • Place swap (abbreviation SW)*
  • Place fee (abbreviation C)*

* swaps and commissions are added to the calculations if the consumer added the values of swap and fee within the inputs tab as defined earlier

The Free Demo doesn’t work within the technique tester, CLICK HERE to obtain a completely purposeful Demo

Purchase the total model HERE

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