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Order Manager is a VertexFX Server Side Expert Adviser that close all opned positions when the account profit or loss reaches the a certian level. Order Manager EA manages account risk. It is useful to protect your account from heavy lose. Keep it running on server, and you will get protected from losing heavily. Order Manager can be configured to run on a single symbol or on all opened positions.
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Order Manager is a VertexFX Server Side Expert Adviser that close all opened positions when the account profit or loss reaches the a certain level. Order Manager EA manages account risk. It is useful to protect your account from heavy lose. Keep it running on server, and you will get protected from losing heavily. Order Manager can be configured to run on a single symbol or on all opened positions.
How much capital is at risk is defined in the EA and it will automatically close all opened trades when the lose reaches the preset level defined in the parameters of the EA.
Order Manager EA can be configured through the parameters for the desired levels of risk and profit (loss or profit). Available parameters are:
- ManageAllSymbol As Boolean = true — Determines whether the EA to run on a single symbol or on all open positions.
- UseStopLoss As Boolean =true —- Decides if stoploss (SL) applied.
- StopLossPercent As Double = 0.01 —- StopLoss (SL) level as a percentage of the account capital.
- UseTakeProfit As Boolean = true —- Decides if target to be applied.
- TakeProfitPercent As Double = 0.01 —- Target Level as a percentage of account capital.
- ApplyToSymbol As String = “EUR/USD” —- When ManageAllSymbol is set to false, symbol to manage.
Usage
- Download the attachment.
- Copy it to your company VertexFX Local VTL Files folder i.e. C:Program FilesCompany Namevtl10Local VTL Files
- Restart your Client Terminal or Right Click on “Local VTL Scripts” Tree Node to find the script.
Additional information
Plugin-Type | Client VTL – Expert Advisor |
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Compatibility |