Forex MicroLab Pro - Lite now FREE. Download newest version

Forex MicroLab Pro - Lite

Download Download Now   Buy Now Buy Now
  $ 149.00 License: Shareware

Forex MicroLab Pro - Lite is a System Utilities::Other software developed by ForexZone. After our trial and test, the software was found to be official, secure and free. Here is the official description for Forex MicroLab Pro - Lite: You now have the capability to reverse the grid. Instead of place a BUY STOP/LIMIT if the market is long, you can force MicroLab to place a SELL STOP/LIMIT. This reverse feature is user selectable via the menu set item. Once the direction is determined and trading is started, MicroLab uses LIMIT trading to add to the basket of trades. MicroLab starts placing trades by bracketing the current price with STOP/LIMIT trades in a proprietary fashion. This proprietary fashion using the MathMod function sets the STOP/LIMIT trades around the current price at distance of approximately ½ the pips defined by the first grid value, 25 in this case. A user has the ability to adjust the MathMod feature of MicroLab using the Entry Offset parameter.

Once either the STOP or LIMIT is hit creating the first trade, subsequent trades are placed a fixed distance of 25 pips either side of the current price. Each LIMIT trade added is placed 25 pips above/below the last trade. The 25 pip amount is used until 4 open trades are out. If the user selectable feature of MicroLab Traditional is set to false, then the grid is started using a BUY or SELL. The Entry Offset has no effect if this feature is used. The fifth trade (LIMIT trade) is placed 50 pips above/below the fourth outstanding trade. This 50 pip amount is used until 8 total trades are open. The ninth trade (LIMIT trade) is placed 100 pips above/below the 8th trade. This 100 pip amount is used for all remaining trades placed.

For this strategy, each LIMIT trade added is called a ?level?. The number of trades at the 25 pip difference is user selectable and the number of trades at the 50 pip difference is user selectable. Remaining trades (9th level and beyond) placed at the 100 pip range is user selectable also. 25/50/100 remains MicroLab's set grid but the grid can be squished or auto calculated (discussed later) without changing individual numbers listed in the menu. The Take Profit values are just double the grid values. 50/100/200 pips are the Take Profits that are coded into B3 and can be modified via the menu. All these values are placed in an array defined by the user. The array is a uniquely new feature to MicroLab and can be manipulated in any way by the user.

Major Features
?Works on multiple pairs
?Multiple Entry Control Features (432 entry types)
?BUY/SELL trade entries or STOP/LIMIT trade entries
?Grid Trading Strategy with many control features
?ShutDown feature, stops MicroLab trading after basket close
?Emergency Close All Feature
?Holiday Shut Down Feature
?Order Management/Checking Conditions
?Email Management ? MicroLab talks back to you
?Grid Array Generation based on user input
?Take Profit Trader
?Stealth TP trader ? no TP sent to broker
?Stealth SL feature ? no SL sent to broker
?Profit Trailing Stop Feature for extra profit
?Close old trades feature, draw down reducer
?Exit trades early feature
?Current or Correlated pair Hedging capabilities
?Recoup loss function
?Recoup broker commission and swap function
?Additional trades added to ?basket? incrementally
?Power Out Stop Loss Features ? SL is sent to broker
?Portion control feature
?Manual account type selection
?Stop Trade Balance Protection
?Equity Stop Loss Protection
?Automatic broker decimal selection
?Chart overlays to monitor trades and account
?Manual or automatic money management features
?Broker spreads are not an issue
?Manual or Automatic trade magic number selection



..
You now have the capability to reverse the grid. Instead of place a BUY STOP/LIMIT if the market is long, you can force MicroLab to place a SELL STOP/LIMIT. This reverse feature is user selectable via the menu set item. Once the direction is determined and trading is started, MicroLab uses LIMIT trading to add to the basket of trades. MicroLab starts placing trades by bracketing the current price with STOP/LIMIT trades in a proprietary fashion. This proprietary fashion using the MathMod function sets the STOP/LIMIT trades around the current price at distance of approximately ½ the pips defined by the first grid value, 25 in this case. A user has the ability to adjust the MathMod feature of MicroLab using the Entry Offset parameter.

Once either the STOP or LIMIT is hit creating the first trade, subsequent trades are placed a fixed distance of 25 pips either side of the current price. Each LIMIT trade added is placed 25 pips above/below the last trade. The 25 pip amount is used until 4 open trades are out. If the user selectable feature of MicroLab Traditional is set to false, then the grid is started using a BUY or SELL. The Entry Offset has no effect if this feature is used. The fifth trade (LIMIT trade) is placed 50 pips above/below the fourth outstanding trade. This 50 pip amount is used until 8 total trades are open. The ninth trade (LIMIT trade) is placed 100 pips above/below the 8th trade. This 100 pip amount is used for all remaining trades placed.

For this strategy, each LIMIT trade added is called a ?level?. The number of trades at the 25 pip difference is user selectable and the number of trades at the 50 pip difference is user selectable. Remaining trades (9th level and beyond) placed at the 100 pip range is user selectable also. 25/50/100 remains MicroLab's set grid but the grid can be squished or auto calculated (discussed later) without changing individual numbers listed in the menu. The Take Profit values are just double the grid values. 50/100/200 pips are the Take Profits that are coded into B3 and can be modified via the menu. All these values are placed in an array defined by the user. The array is a uniquely new feature to MicroLab and can be manipulated in any way by the user.

Major Features
?Works on multiple pairs
?Multiple Entry Control Features (432 entry types)
?BUY/SELL trade entries or STOP/LIMIT trade entries
?Grid Trading Strategy with many control features
?ShutDown feature, stops MicroLab trading after basket close
?Emergency Close All Feature
?Holiday Shut Down Feature
?Order Management/Checking Conditions
?Email Management ? MicroLab talks back to you
?Grid Array Generation based on user input
?Take Profit Trader
?Stealth TP trader ? no TP sent to broker
?Stealth SL feature ? no SL sent to broker
?Profit Trailing Stop Feature for extra profit
?Close old trades feature, draw down reducer
?Exit trades early feature
?Current or Correlated pair Hedging capabilities
?Recoup loss function
?Recoup broker commission and swap function
?Additional trades added to ?basket? incrementally
?Power Out Stop Loss Features ? SL is sent to broker
?Portion control feature
?Manual account type selection
?Stop Trade Balance Protection
?Equity Stop Loss Protection
?Automatic broker decimal selection
?Chart overlays to monitor trades and account
?Manual or automatic money management features
?Broker spreads are not an issue
?Manual or Automatic trade magic number selection you can download Forex MicroLab Pro - Lite free now.


ad below
Platforms: Windows 95/98/ME,Windows NT/2000
Publisher: About ForexZone | ForexZone titles | Visit ForexZone
Downloads: 0 last month, 0 total
Last updated: More than a year ago ()
Watch for updates:
Want to be notified when Forex MicroLab Pro - Lite is updated?

5 stars

Email a friend...
User Rating: NOT RATED
Rated by: 0 user(s)
      
Get the best software deals each week!

Deals

bottom

Get Weekly Deals

bottom
In Windows > System Utilities::Other Free Downloads
  1. 1TextPipe Standard 392811 downloads
  2. 2AnyChart JS Charts and Dashboards 44733 downloads
  3. 3Perfect Keyboard, Free Edition 26615 downloads
  4. 4ActivePresenter 13315 downloads
  5. 5MixPad Professional Audio Mixer 6996 downloads
  6. 6Prism Plus Edition 3340 downloads
  7. 7Switch Plus 2308 downloads
  8. 8TextPipe Engine 1997 downloads
  9. 9Ares Galaxy Turbo Booster 1714 downloads
  10. 10Trojan Remover 1335 downloads
bottom
In Windows > System Utilities::Other Top Freeware
bottom
In Windows > System Utilities::Other New Software
  1. 1Tansee iOS Message Transfer (Win) 1 year License
  2. 2Zeus IDE 214 downloads
  3. 3BurnInTest Professional 200 downloads
  4. 4Trojan Remover 1335 downloads
  5. 5Process Lasso 113 downloads
  6. 6Typeeto
  7. 7SIW 1042 downloads
  8. 8PerformanceTest 183 downloads
  9. 9Horas 149 downloads
  10. 10LogonExpert 1165 downloads
bottom