Here is a tool which can help to navigate between charts, save & open templates, set alerts, keep the status of potential setup / potential trades / open trades and that in no time.
It means that you can have only 1 chart open with your Trade Monitor on it, and each time you want to monitor a chart, in 1 click it will appear, whatever the pair or the timeframe (which save quite some time).
Here is a screenshot of the Trade Monitor:
On the screenshot above (just a random example), the color would mean to have a closer look at the following charts for those reasons:
- EURGBP D1: Potential Setup Formation
- EURUSD H4: Potential Trade Setup
- GBPJPY W1: Trade Open
- NZDCAD H4: Potential Trade Setup
Instead of taking notes in a note book this tool can help to keep and have a quick view at what is going on.
Once a chart is open after a click on the small square, the chart’s will appear with the previously saved templates (here the default template with the tool):
You can make your chart analysis, draw lines and place text, and all those manual objects will be saved for further usage and reference.
You can also set alerts at your area of interest (PH/PL) and even if the pair’s charts are closed, the alerts will be managed by the Trade Monitor tool.
PS: the Trade Monitor tool comes also as an EA, even if it is not managing (opening closing) any trades. More explanations in the PDF user guide.