TFX Trade Manager

User Guide

This guide helps you understand and quickly setup the TFX Trade Manager.

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Risk Disclaimer
Trading in Contracts For Difference (“CFDs”) is VERY SPECULATIVE AND HIGHLY RISKY and is not suitable for
all members of the general public but only for those investors who:

(a) Understand and are willing to assume the economic, legal and other risks involved.

(b) Taking into account their personal financial circumstances, financial resources, life style and
obligations are financially able to assume the loss of their entire investment.

(c) Have the knowledge to understand CFDs trading and the Underlying assets and Markets.

The Company will not provide the Client with any advice relating to CFDs, the Underlying Assets and Markets
or make investment recommendations of any kind. So, if the Client does not understand the risks involved he
should seek advice and consultation from an independent financial advisor. If the Client still does not
understand the risks involved in trading in CFDs, he should not trade at all.

CFDs are derivative financial instruments deriving their value from the prices of the underlying assets/markets
in which they refer to (for example currency, equity indices, stocks, metals, indices futures, forwards etc.). It is
important therefore that the Client understands the risks associated with trading in the relevant underlying
asset/ market because fluctuations in the price of the underlying asset/ market will affect the profitability of
his trade.

Information of the previous performance of a Financial Instrument does not guarantee its current and/or
further performance. The use of historical data does not constitute a binding or safe forecast as to the
corresponding future performance of the Financial Instruments to which the said information refers.

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Contents
How to Install ...................................................................................................... 3
Activate License ................................................................................................. 5
Input options ....................................................................................................... 6
General .............................................................................................................. 6
Default Calculations Options .................................................................... 6
Take Profit Lot Percent ............................................................................... 7
3 Targets [Sum of below 3 should be 100] ......................................... 7
Visual Trade Tool Options ......................................................................... 7
Visual Trade Tool Options ......................................................................... 8
Auto Break Even ............................................................................................ 8
Auto Trail Stops ............................................................................................. 8
Hot Keys ............................................................................................................ 9
Default Settings .............................................................................................. 9
Activation ......................................................................................................... 9
Toolbar Options .............................................................................................. 10
Trade Entry ....................................................................................................... 12
Market/Live Order .................................................................................... 12
Pending Order ............................................................................................. 12
Switch Buy or Sell ...................................................................................... 12
Manage Trades Window .............................................................................. 13
Hot Keys ............................................................................................................. 15

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How to Install
1. Open your MetaTrader platform (MT4/M5), Click on File  Open Data Folder menu option.

2. Then navigate to [MQL4 > Experts] respectively [MQL5 > Experts] folder and copy and paste the file in
here. (For Indicators copy the file into the [Indicators] folder instead).

3. Restart your MetaTrader.

4. Enable [Auto Trading] from the MT4/MT5 Toolbar.

Make sure you copy Trade Manager in the [MQL4\Experts] folder. In

case of MT5, folder will be [MQL5\Experts].

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6. The Expert Advisor should show up in the Navigator under [Expert Advisors].
To open the Navigator click on [View > Navigator] or with Ctrl+N.

7. Now double-click the EA or drag and drop it to the chart and the below window appears.
In the common tab,
 Allow live trading
 Allow DLL Imports

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Activate License
When you are placing EA or Indicator on the chart, you will see a popup window. Go to [Inputs] tab and enter
the license key in the field mentioned below.

You can find your purchased products license key under your Dashboard area of My Account page on
website www.toolsfx.com.

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Input options
General
 Allow One Click Trade Entry  [Yes] will execute trades without confirmation.
 Allow One Click Trade Close  [Yes] will close the trades without confirmation.
 Hide Profit from Toolbar  [Yes] will hide the profit from toolbar.

 Hide Profit / Loss from Visual Trade Tool  [Yes] will hide the profit and loss from visual trade
tool.

Default Calculations Options

 Calculate Risk By  you can either calculate risk by Account Balance or Account Equity.
 Slippage Points (not pips) for Market Orders  Market slippage points in case of live market order
entry.
 Show Points / Pips  [Yes] will display points everywhere in the Trade Manager or else will display
pips.
 Calculate Risk by Percent / Amount  you can change the risk calculation either by Amount or
Percentage here.
 Risk Percent  Default risk percentage for calculation.
 Risk Reward Ratio  Default risk/reward ratio for entering trades.
 Default Stop Loss Points (not pips)  Default Stop Loss points Trade Manager Starts with.
 Default Targets  Default Take Profits / Targets Trade Manager starts with.

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Take Profit Lot Percent

2 Targets [Sum of below 2 should be 100]
Here you can define the percentages by which total lot size will be divided between different Targets /
Take Profits. For example based on your Account Size and Risk Percentage, the Lot Size was calculated as 1.
Now if you set the below percentage to 50 for TP1 and again 50 for TP2, it will divide the Lot 1 between two
targets as 0.5 and 0.5.

 TP1 Lot Percent  Percentage of Lot for TP1

 TP2 Lot Percent Percentage of Lot for TP2

3 Targets [Sum of below 3 should be 100]

Same as above explanation

 TP1 Lot Percent

 TP2 Lot Percent
 TP3 Lot Percent

Visual Trade Tool Options

 Follow Live Price  [Yes] will move the Visual Trade Tool with Live Price.
 Lock Risk Reward Ratio  [Yes] will keep the Risk Reward ratio locked while moving Stop Loss.
 Move SL & TP with Price in Live Order mode (Fixed RR)  [Yes] will move the SL and TP levels
with live price. Set this as [No] if you want to keep the SL and TP static in live/market order mode.
 Display Trade Labels  [Yes] will display trade labels.
 Display Price Lines  [Yes] will display price lines / levels.
 Order Lines Style  [Yes] will display order lines.

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Visual Trade Tool Options

 1st Partial Close Button Percentage  This is the percentage for 1st close button in Manage Trades
Window
 2nd Partial Close Button Percentage  This is the percentage for 2nd close button in Manage
Trades Window

Auto Break Even

 Auto Break Even 
o [No] will disable Auto break Even.
o [Points] will enable auto break even based on Points.
o [Risk Reward Ratio] will enable auto break even based on Risk Reward Ratio (RRR).

 Auto Break Even after Points (not pips)  Points after which trade will be Auto Break Even when
the price moves in your favor.
 Stop Loss Additional Points (cover slippage)  Additional points to be added while making trade
Break Even to cover slippages.

Auto Trail Stops

 Auto Trail Stops  [Yes] will enable Auto Trail Stops.
 Trailing Stop Points  Points to be used for trailing stops.

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Hot Keys
 Enable Esc key for closing windows / tools  [Yes] will enable Escape hot key.
 Execute order - Control key
 Execute order - Action key
 Trade Entry Tool - Control key
 Trade Entry Tool - Action key
 Manage Trades window - Control key
 Manage Trades window - Action key
 Account Exposure window - Control key
 Account Exposure window - Action key

Default Settings
 Color theme
 Confirm before program exit

Activation
 License key  Enter license key here to activate the license.

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Toolbar Options
1. Clicking below will Close Trade Manager.

2. Double Clicking TFX logo will Minimize or Maximize the Toolbar.

3. Clicking arrow will change the toolbar to Compact Mode or Full Mode.

4. Clicking Risk Label will change the risk calculation from Percentage to Risk Amount in Account
Currency.

5. This keep the Risk Reward Ratio Locked while moving the stop loss. Meaning when you move the stop
loss, all the Take Profit targets will also adjust itself to keep the RR Ratio same.

6. Change the Take Profit Targets to either 1, 2 or 3.

7. Refresh all the settings back to the default (same as defined in input options).

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8. Show / Hide trades window.

9. Show / Hide exposure window.

10. Show / Hide One Click Visual Trade Tool.

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Trade Entry
Market/Live Order
If trade tool is not in Market Order mode then Double Click on anywhere on the tools blank area as shown
below, to switch it to Market Order mode.

Pending Order
Click and Drag the Trade Tool from blank space to either UP or Down to change the type to Limit or Stop order.

Switch Buy or Sell

Click below icon to switch buy/sell mode. Or you can drag the Stop Loss to all the way Up or Down to switch.

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Manage Trades Window

1. You can either display all trades or only for selected instrument/symbol from this combo box.

2. Use Close All button carefully, especially if you haven’t set the Confirm before Close trade input
option or it will close the trades instantly.

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3. Select the trades you want to either close completely or partially by using checkboxes.

4. Partial Close individual trade. The partial close percentage for these buttons can be changed from
Input Options of EA.

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5. Close trade completely (100%).

Hot Keys
 [Esc] – Show / Hide Risk Reward Tool. Also it can be used to close Trade Manager and Account
Exposure windows.

 [Shift + Esc] – Switch Risk Reward between Buy and Sell mode.

 [Ctrl + 1] – Change Risk Reward Targets to 1.

 [Ctrl + 2] – Change Risk Reward Targets to 2.

 [Ctrl + 3] – Change Risk Reward Targets to 3.

 [Shift+ E] – Execute/Enter Order.

 [Shift + M] – Show Manage Trades window.

 [Shift + X] – Show Account Exposure window.

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