It’s important to ensure your MT4 is always running when you use this feature because if you turn it off, the Ultimate Trade Manager would not work and you would be having a trade with no stop loss/take profit. When you enable this feature, your trades won’t have any stop loss/take profit. Stealth SL/TP means to hide your stop loss and take profit from the broker.What you’re left with is 0.25 lots for the final take profit target. TP2 of 50% means you close 50% of the remaining 0.50 lots (hence, 0.25 lots). This is your second partial profit level. Trade > TP2 (box on the right) allows you to state how many % of your setup you wish to partially close.

Trade > TP1 (box on the right) allows you to state how many % of your position you wish to partially close when that level is hit.

A value of 1.0 means you will move your stop loss to entry +1.0 pips (good to cover commissions. The box on the right refers to the pips offset. This is where your stop loss is moved to your entry.

Trade > TP3 is your dark green bar and also your final take profit where your entire positions (or what is remaining of it) will be closed.Trade > SL means your stop loss and it shows your stop loss price.Trade > Open simply shows the open price based on the position of the blue bar you used.Honestly, you don’t need to edit any of it except the TP1 and TP2 % of position you wish to close (default is 50%) The settings below are all auto calculated based on where you place your vertical bars.

Exit manager mt4 for mac