OCO (One Cancels the Other) A one-cancels-the-other order (OCO) is a pair of conditional orders stipulating that if one order executes, then the other order is automatically canceled. After activating the OCO function, Trade Manager “remembers” all pending orders and when one of them is activated, the rest are deleted. WARNING! Removing one of the orders does not cancel the other ones, but only activation the pending order will do it. Drawing and clearing lines (open, stop and target) is on the one button After…Continue Reading “Trade Manager MT4/MT5 – what’s new in ver. 2.40”
The partial close is a feature that allows you to only close part of a trade, therefore securing at least a small profit from early close on a portion of that trade or perform a phased exiting from a losing trade. In Trade Manager, you can perform partial trade close automatically or manually. Manual closing part of Trade On the panel in the main tab is a button to close part of the trade. What part of the transaction will be closed after clicking the…Continue Reading “Trade Manager MT4/MT5 – partial closing”