London, UK (PRWEB UK) 26 March 2014
STIG Trader, a unique trade management software program for Forex traders, has launched. Suitable for both novice and experienced traders, the software integrates with the latest version of MT4 and simplifies the many challenges of the manual Forex trader.
At a basic level it accurately calculates trade sizes and applies stop-loss and take-profit positions, based on volatility. Trades are managed with a trailing stop. This helps the trader focus on the process of trading and spotting opportunities rather than complex calculations.
At a more advanced level it has a range of other functions including the ability to:
The functionality is modular so that a trader can choose what works best for his particular strategy and everything is directly accessible from a chart interface for easy and accessible use.
It is also compatible with MetaTrader’s Strategy Tester environment, thereby operating as an effective Trade Simulator, allowing the trader to test trading ideas before applying them, as well as providing a platform to practice their skills.
Dr. Neale Stark, Developer and Forex Trader says, "My idea for STIG Trader came from my desire to simply focus on the trading process and entry points for my trades, without having to spend time on calculations. It has grown into a much more sophisticated programme that is still easy to use, so it suits both beginners and advanced traders – regardless of trading strategy. Having received really positive feedback from the testing phase with traders of varying experience, I am confident that MT4 traders all over the world will benefit hugely from it."
For more information contact:
Martina Doherty at Martina(at)md-comms(dot)com or +44 (0)7951 057146