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Trader-On-Chart Review (1-Click Forex Trading)

Trader-On-Chart Review (1-Click Forex Trading System)

Trading System Name: Trader On Chart

Trader On Chart ReviewSystem Type: MT4 Automation Software

Delivery: 1-Click Manual Trading (Forex, CFDs, Metals, etc)

Platforms: MetaTrader4

Price: 59 Euro (one-time purchase)

» System’s Web

 

Trader-On-Chart Review -Basic Information 

Trader-On-Chart is a software application that plugs in the MetaTrader4 platform to provide traders with some unique features. The software aims to offer important facilities for all MT4 manual traders. Trader-On-Chart can be used in every broker account (ECN, STP or Dealing Desk) and in every financial instrument offered via MetaTrader4 (All Forex currencies, CFDs, Futures, Metals, etc). The application is very effective as it concerns Money Management Automation. By using Trader-On-Chart you may easily execute trades according to your exact desired risk exposure, lot size, etc. Accuracy and fast calculation make Trader-On-Chart a good choice for day/intraday traders. The application offers lifetime license and 1-year free updates.

 

Trader-On-Chart Features / Advantages

These are the main characteristics of Trader-On-Chart application:

  1. Provides new features when you execute an order

  2. Place advanced orders by one click (green and red button).

  3. Helps traders automate their frequent action regarding order preparation and execution

  4. Saves precious time when preparing orders and allows traders to focus exclusively on currency analysis

  5. Provides fast accuracy in calculations -Avoid common trading mistakes on order execution

  6. Automates money management process (lot size selection, level of risk exposure, etc)

  7. Provides automatic trailing stop placement in multiple pairs at the same time

 

How Does the System work? -Basic Examples

Here are two simple examples of how the Trader-On-Chart application really works:

1. Let’s suppose you wish to open a long position on EURUSD worth exactly 2% of your available funds. At the same time, you wish to set a target profit of 150 pips and a stop-loss of 50 pips. By using the Trader-On-Chart software you can do all that by filling these 3 numbers and by clicking the ‘Execute’ green button.

2. In another example, let’s suppose you wish to open a short position on GBPUSD by risking exactly 1,000USD. Furthermore, you wish to set a stop-loss at the previous periodic low, meaning to set a stop-loss at the lowest point of the previous bar. By using the Trader-On-Chart you can do all that in a few clicks.

 

Trader-On-Chart Technical Features

Here are the technical specifications of this MT4 application.

1 Click Trading Review1)   Easy-Install (Auto Detects MetaTrader4 main installation)

2)   All broker accounts are supported (ECN, STP, Dealing Desk)

3)   Trading both 4/5 digits

4)   Lifetime license for one account

5)   Free software updates for 1-year

6)   Works on every Forex pair and on multiple charts

7)   Works also on CFDs, metals and indices given they are provided via MT4

8)   Customer Service via web-site and email

 

Trader-On-Chart Review Conclusions

MetaTrader4 is an excellent trading platform but it faces some limitations when it comes to fast money management decisions. That is exactly what this application is designed to do Trader-On-Chart may prove considerably useful to all short-term traders (day, intraday and news-traders). What characterizes this app is its ability to control money management with just a click (lot size, stop-loss, take profit, risk exposure, etc). Trader-on-chart is compatible with any broker type and can be used in any financial instrument provided in MT4. Overall I consider trader-on-chart as an interesting and useful application for manual trading and I shall be waiting to see future versions too. The trader-on-chart for MetaTrader4 costs 59 Euros and includes a lifetime license.

» Trader on Chart MT4

 

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