One Click Trade for MT4 is an Expert Advisor that will allow you to extend the functionalities of MetaTrader 4. MetaTrader 4 has some limitations when it comes to quickly submit orders with just a few clicks so I decided to code a graphical interface and fill some of the gaps.
What Is One Click Trade for MT4?
One Click Trade is an Expert Advisor, say, a plugin for MetaTrader 4 that allows allows you to submit orders with only a few clicks. You must be thinking “I can already do that in MetaTrader” and it is actually true, however One Click Trade provides some more features.
It is very common when trading to use strategies that always place the stops X pips away. It is also common when using trading automation and Expert Advisors to use a Magic Number to identify orders submitted by an EA.
MetaTrader 4 does not allow you to submit orders associating them with a Magic Number in its graphical interface, and also it does not allow you to submit orders with stop loss and take profit expressed in pips. One Click Trade will fill this gap for you.
One Click Trade For MT4 Features
One Click Trade includes some very useful features that I am sure will make your trading easier, let’s see some of them:
- Intuitive graphical interface
- Unique interface for market and pending orders
- Recommended position size
- Stop loss and Take profit by price or by pips
- Magic Number and Comment
- List of open and pending orders
In particular we can see what each one does.
If you are looking for a Trade Manager with even more options please check this out.
Intuitive Graphical Interface
The user interface has been kept to the minimum to not confuse you. Hovering on a button or section will show you its function.
Unique Interface for Market and Pending Orders
From the graphical interface you can select to submit a market or pending order, no need to close or go to another window.
Recommended Position Size
Given a set rule of risk management, for example risk 2% or Equity, One Click Trade will show you the recommended position size depending on the Stop Loss. Risk Management matters!
Stop Loss and Take Profit by Price or Pips
Before submitting the order you can set Stop Loss and Take Profit as prices or in pips distance from the open price. This will make it easier for all those strategies with a fixed SL and TP.
Magic Number and Comment
You can associate a Magic Number and a Comment for each order that you are submitting, this is very important to distinguish orders between strategies.
If enabled in the options, One Click Trade will take a screenshot automatically each time you submit an order. This feature could simplify your task of journaling.
List of Open and Pending Orders
MetaTrader 4 already shows you the list of open orders but it doesn’t include the Magic Number. One Click Trade for MT4 will show you the list of open orders and their associated Magic Numbers, this is useful when you have Expert Advisors running and you want to identify orders submitted by them.
One Click Trade EA for MT4 FREE DOWNLOAD
One Click Trade Expert Advisot for MT4 can be downloaded for FREE! I know it can help many traders and I have decided not to charge for it. ENJOY!