Tradesq is a newly launched software that enables traders to plan a trade and set the key parameters and then manage it, independent of the broker or brokers you are using.
Here is an overview of what the software and a video that shows it in action.
This includes the all important and sometimes elusive money management: the software enables calculating the exact position size according to the risk tolerance. We advise limiting the risk to 2% of your account.
When trades are already open, the user can see a snapshot of all open trades, including profits and risks. Taking a wider view, the performance management shows important stats such as the win ratio, the number of consecutive losses, etc.
Further reporting includes an option to describe the reasons for the trading, including tags and screenshots. In addition, there is an option to see the reporting using an R chart.
The software was initially conceived by two traders as a tool that would help them with their own trading. This evolved quickly and now they are sharing this program with the world.
More details are available on Tradesq whre you can download the program and try it out for yourself.
Here is how it looks like:Get the 5 most predictable currency pairs