TakePropips Trading Management Solutions Changelogs History

Version 11.2 (Release Date: 12/16/2024)

Trade Signal Alerts & Currency Strength Meter Position Strategies (Improved)

Allowed auto-trade filters such as “Max Limit of Opened Trades / Lot Size”, “Order Start/End Time”, “Sessions for Auto-Trades”, and “Disable Trading on Fridays” to work with these 2 position strategies.

Bug Fixes

Fixed the delayed alert when a new trading signal is detected for the pair and timeframe of the current chart.
Fixed the auto-trade filter setting “Max Limit of Opened Lot Size” to allow decimal values.
Fixed the input setting “Hide Profit/Loss on Chart Signals” to hide the TP icons on the chart.
Other bug fixes and performance improvements.

Version 11.1 (Release Date: 10/11/2024)

Bug Fixes

Fixed sending of duplicate trading signal alerts when refreshing the trend scanner.
Fixed saving and loading of configuration settings for the main strategy and secondary strategies.
Fixed the max trades and max lot size filter not working when the trading system is set to auto-trade mode only.
Fixed the delay in detecting new candles when auto- trading multiple pairs.
Fixed the Trend Ranger strategy and TakePropips AI strategy randomly activating when changing chart to different pair or timeframe.
Fixed Trade Signal Alerts position strategy that randomly reopens the same trades.
Improved overall stability of the trading system.
Other bug fixes and performance improvements.

Version 11.0 (Release Date: 08/26/2024)

TakePropips AI Strategy (New)

Allows the trading system to use the power of AI to determine the most optimal trading strategy to use for each pair and timeframe.
Ability to fully customize and control the optimization target used by the AI during training. These targets can be customized on the input settings and includes the following:
- Profit Factor – optimize AI strategies based on profit factor, which indicates the ratio of profit earned for every point lost. [Profit Factor = Total Profit / Total Loss].
- Expected Payoff – optimize AI strategies based on expected payoff, which calculates the average amount of profit (or loss) expected per trade. [Expected Payoff = Net Profit / (Total Wins + Total Losses)].
- Total Profit – optimize AI strategies based on the total profit gained from all winning trades.
- Net Profit – optimize AI strategies based on the overall profit after accounting for all losses. [Net Profit = Total Profit – Total Loss].
- Win Rate – optimize AI strategies based on the percentage of trades that resulted in profit.
Ability to switch and retrain the AI between different trading styles. These trading styles can be found on the Trade Signals panel, and they include the following:
- Balanced – optimize AI strategies based on Balanced trading style, which provides a healthy amount of trading signals while maintaining high accuracy.
- Conservative – optimize AI strategies based on Conservative trading style, which provides less frequency of trading signals while maintaining high accuracy.
- Aggressive – optimize AI strategies based on Aggressive trading style, which provides greater frequency of trading signals, but may result in less accuracy due to false signals.
- Active – optimize AI strategies based on Active trading style, which provides a good amount of trading signals (in between Balanced and Aggressive). Formerly known as Scalper trading style.
Ability to train and optimize AI strategies based on specific take profit target such as TP1, TP2, TP3, or all TP targets.
Increased training parameters by up to 10x compared to previous Adaptive Machine Learning strategy, which results in a much better output.
Added new section “TakePropips AI” on the input settings to allow customization of settings related to AI.
Ability to manually specify the frequency to retrain AI strategies for each timeframe.
Renamed from Adaptive Machine Learning to TakePropips AI.

Trade Signals Stats (New)

Ability to view more statistics and performance of the trading signals generated on your chart. The following information have been added to the Trade Signals panel:
- Profit Factor – indicates the ratio of how much profit was earned for every point lost.
- Expected Payoff – calculates the average amount of profit (or loss) expected per trade in points.
- Total Profit – calculates the total profit in points gained from all winning trades.
- Total Loss – calculates the total loss in points gained from all losing trades.
- Average Win – calculates the average profit in points per winning trade.
- Average Loss – calculates the average loss in points per losing trade.
Added ability to see the statistics and performance of the trading signals between different TP targets, from TP1, TP2, TP3, or all TP targets.
Added a new switch icon on the Trade Signals panel to allow to switch between different information.
Modified the “Profit” statistic to calculate the net profit of the selected TP target(s), instead of partial TP targets from earlier versions.
Modified the “Success Rate” statistic to show the average win rate of all TP targets, or the win rate of the selected TP target, instead of just showing win rate of TP1 from earlier versions.
Modified the “Rating” statistic to rely more on profit factor rather than win rate.

Trade Signals (Improved)

Calculating for profit/loss and wins/loss from the trading signals will now be counted separately for each TP target, instead of partial TP target calculations from earlier versions. E.g., if TP1, TP2, and TP3 hits the take profit target or stop loss, then that will count as 3 wins or 3 losses respectively.
The profit/loss points of the trading signals on the chart will now show the count of the TP targets that resulted in profit or loss (x3 for all 3 TPs or x2 for only 2 TPs).
These improvements will make it much easier to track the performance of each TP target.

Trend Scanner (Improved)

Modified the default trend scanner data to “Rating” instead of TP1 win rate from earlier versions. This provides a better way to quickly see which pairs and timeframes resulted in a more profitable and higher probability signals. The best rating starts with A+ and the worst rating ends with F.
The Rating is calculated based on profit factor. A higher profit factor will result in higher rating.
Added new input setting “Trend Scanner TP Data” under the section “Trend Scanner” which allows you to change which TP target is used to calculate the data for the trend scanner. You can check which TP data the trend scanner is calculating by hovering your mouse on the trend scanner boxes.

Trade Signal Alerts (Improved)

Added “Rating” to each trading signal alerts, which can indicate the profitability and quality of the signals. The best rating starts with A+ and the worst rating ends with F.
Modified the “Win %” to take the average win rate of all enabled TP targets instead of just TP1.
Added win rate % (WR) and Rating of for TP1, TP2, and TP3 on trading signal alerts.

Multi-Timeframe Analysis Auto-Trade Filter (New)

Added new “Custom” option for the “Higher Timeframe to Check” input setting to allow to check for multiple timeframe trends before entering automatic trades.

Rating Analysis Auto-Trade Filter (New)

Added new input setting “Use Rating Analysis” to allow to filter auto-trades based on specified rating.
Each trading signal will be labeled with a rating based on profit factor. The highest rating starts at A+ and the lowest rating ends with F.
This gives you the option to take only high-quality, high profitability signals.

Support/Resistance Trading Signals Stop Loss (Improved)

Modified the default stop loss calculation for trading signals to use market structure such as support/resistance key levels.
Added 2 new input settings “Minimum ATR SL for S/R Calculation” and “Maximum ATR SL for S/R Calculation” under “Chart Trading Signals (Stop Loss)” section. It is used to set the minimum and maximum SL size in case the support/resistance levels are too close and/or too far away from the entry price of the trading signal.
Modified the default ATR multiplier buffer of 1.0x ATR to give extra room when placing stop loss near support/resistance key levels.

Dashboard Settings (Improved)

Added new input setting “Hide Profit/Loss on Chart Signals” under the section “Dashboard Settings” to remove the profit/loss points printed on the chart and keep only lines and arrows for the signals for a minimal look.

Bug Fixes

Fixed “Custom Setting” option under the “Timeframe to Auto-Trade” input which does not allow to be saved on Auto-Trade Management dashboard.
Fixed issue of the trading dashboard freezing or being unresponsive when the terminal becomes disconnected to your brokers server multiple times.
Other bug fixes and performance improvements.

Version 10.0 (Release Date: 07/21/2024)

100+ Pro Trading Strategies (New)

Added more than 100 new trading strategies, covering a wide range of trading methodologies, including:
- Trend Following Strategies: Designed to capitalize on market trends.
- Reversal Strategies: Identify potential market reversals.
- Breakout Strategies: Detect and trade breakout opportunities.
- Momentum Strategies: Utilize market momentum for entry and exit signals.
- Mean Reversion Strategies: Exploit price reversals to the mean, enhancing the ability to profit in ranging markets.
- Volatility Strategies: Adapt to changing market volatility.
- Price Action Strategies: Leverage pure price action to inform trading decisions.
These new trading strategies can be used to generate trading signals and automate the trades based on the selected strategy.
You can enable them as your main trading strategy or as a secondary strategy for additional signals or trend confirmation.
Refer to this List of all 100+ Pro Strategies added in Version 10.0 to reveal all Pro Strategies that have been added.

Equity Protection (New)

Added new input setting “Max Loss Equity” which allows users to set a fixed threshold for account equity before the system closes all trades and avoids automatic trading.
Useful for trading prop-firms with a max loss equity requirement.

Auto-Trade All Signals (New)

Added new input setting “Auto-Trade All Signals” for Single Target and Triple Targets position strategies
Allows the system to open trades as soon as a signal is detected on a pair, even if there are already existing positions that are running.
Allows users to trade every signal without waiting for the existing positions to be closed.

Trend Scanner (Improved)

Increase the speed and responsiveness of the trend scanner when switching between different trading strategies.

Bug Fixes

Other bug fixes and performance improvements.

Version 9.12 (Release Date: 07/01/2024)

Fixed the position strategy “Trade Signal Alerts” not opening trades when the pairs have suffix.
Fixed a bug on the “Reverse” feature of the custom strategy creator tool for not saving the correct condition.
Other minor bug fixes.

Version 9.11 (Release Date: 06/25/2024)

Fixed incorrect strategy when switching the main trading strategy on the first slot of custom strategy and standard strategy.
Other minor bug fixes.

Version 9.10 (Release Date: 06/12/2024)

Account Drawdown & Floating Loss Action (New)

Added ability to choose between closing trades or hedging trades once the account drawdown limit or floating loss limit is triggered.
Added ability to partially hedge a trade by specifying the total percentage of the trade to hedge.
New input settings have been added under Account Drawdown Protection section.

Account Profit & Floating Profit Action (New)

Added ability to choose between closing trades or hedging trades once the account profit limit or floating profit limit is triggered.
Added ability to partially hedge a trade by specifying the total percentage of the trade to hedge.
New input settings have been added under Account Profit Protection section.

Auto-Trade Presets (Updated)

Updated the auto-trade presets of more than 15 pairs.
Each preset is optimized using the highest modeling quality of 99.90% and variable spreads, which results in more accurate testing.

Bug Fixes

Fixed bug on Recovery position strategy where it does not properly recover trades when Market Order is selected as the order type.
Other bug fixes and performance improvements.

Version 9.05 (Release Date: 06/05/2024)

Triple TP Step Trailing Stop (New)

Added a new trailing stop option for triple target position or 3 separate positions (TP1, TP2, and TP3).
This option moves the stop loss of TP2 and TP3 to breakeven once TP1 is hit. After TP2 is hit, the stop loss of TP3 moves to TP1 level.

Bug Fixes

Other bug fixes and performance improvements.

Version 9.04 (Release Date: 04/23/2024)

Bug Fixes

Fixed the position strategy “Trade Signal Alerts” to allow opening of trades when the win rate filter is set to zero.
Fixed the incorrect lot size calculation of sell trades when using “Trade Signal Alerts” strategy.

Version 9.03 (Release Date: 04/15/2024)

Bug Fixes

Fixed Sell functionality on the trade manager to show the correct trade direction.
Fixed XAU showing as zero percent on the Currency Strength Meter if Gold does not exist on the Market Watch window.

Version 9.02 (Release Date: 04/09/2024)

Added ability to move the main trading dashboard to the left side of chart if the Trade Signals panel is minimized.
Added alerts for error messages and descriptions for the error codes.
Fixed Unique Chart ID error.
Other minor bug fixes and performance improvements.

Version 9.01 (Release Date: 03/24/2024)

New setting “Hide Account Statistics” which can be toggled to hide/show the account statistics on the trading dashboard.
Fixed AI Market Detector missing button when navigating through other functions on AI Copilot dashboard.
Bug fixes and performance improvements.

Version 9.00 (Release Date: 02/14/2024)

Trend Ranger Trading Strategy (New)

Created a new default trading strategy called the “Trend Ranger” and this strategy is adaptive and uses both a trend-based strategy and a ranging market strategy.
This strategy will use a trend-based strategy during trending market and support & resistance strategy during ranging market for maximum results.

Support & Resistance Trading Strategy (New)

Added a new trading strategy that uses key support & resistance levels to generate trading signals.
This strategy is created to generate buy signal at the support level and generate sell signal at the resistance level, perfect for those that prefer to buy low and sell high.
This strategy is also used by the new Trend Ranger trading strategy, and it works best during ranging market.

Position Strategies (New)

Added new strategies to give you greater flexibility on how trade positions are entered for auto-trading and manual trading. The Positions Strategies consists of the following:
Single Target - this strategy opens one trade at a time.
Triple Targets - opens 3 separate trades at the same time.
Recovery – uses a strategy to recover losing positions.
Recovery w/ hedging - uses a hedging technique to profit during trade recovery.
Recovery Ranger - uses a dynamic hedging technique to profit during trade recovery.
Trend Breakout – a bi-directional strategy, which means it can profit from prices moving in either direction.
Profit Ladders - uses multiple stop orders to capture profits from trending markets.
Profit Ladders w/ hedging – similar to Profit Ladders, except with added protection and profits from hedge trades.
Grid Matrix – opens multiple pending orders to profit from a ranging market.
Trend Follower - a strategy that opens and closes trades based on the current trend.
Trade Signal Alerts - a strategy that opens a trade as soon as a trade signal alert pops up.
Currency Strength Meter Suggestions - auto-trades strong / weak currency alerts generated by the system.
Each Position Strategy will specify its risk level, if it works best during trending or ranging markets, if it requires a hedging account, the capital required, and the profit potential.

Floating Profit & Loss Protection (New)

Added ability to automatically close your trades once it reaches your target for floating profit or loss on each pair. The target can be a dollar amount, points, or as a balance percentage of your account.
This new feature allows you to track and manage the floating profit / loss of your trades on each pair on the trading dashboard.
You can also set the total floating profit & loss protection of all trades on all pairs displayed at the dashboard without the need to manually enable them one by one.

Adaptive Machine Learning (Improved)

Improved the AI algorithm and optimization for maximum profitability of the trading signals on our Adaptive Machine Learning strategy.

Advanced Order Management (New)

Added ability to manually open new trades using the Position Strategies for greater flexibility.
You can manually trigger the following Position Strategies: Single Target, Triple Targets, Recovery, Recovery w/ hedging, Trend Breakout, Profit Ladders, Profit Ladders w/ hedging, and Grid Matrix.

AI Market Detector (New)

Added new tool under our AI Copilot dashboard to detect whether the current market is in trending phase or ranging phase.
Shows the confidence score to determine the strength and accuracy of the AI detection.

Trading Strategy Management Data (New)

Added new column to specify if a trading strategy works best during a trending market or ranging market.
Added Trend Ranger & Support/Resistance to the premium strategies list.
Added the Adaptive Machine Learning strategy to the premium strategies list.

Trading Sessions Auto-Trade Filter (New)

Added new auto-trade filter to only open trades during a specific session, such as the London session, New York session, and Asian session,
It will also give you the option to choose both the London & New York session, London & New York overlap session, and the time after New York and start of Asian session.

Task Manager Position Strategies (New)

Added the Position Strategies to the Task Manager so you can automate tasks and it will automatically trigger the Position strategy of your choice based on your set conditions.
The available Position Strategies for Task Manager are Single Target, Triple Targets, Recovery, Recovery w/ Hedging, Trend Breakout, Profit Ladders, Profit Ladders w/ Hedging, and Grid Matrix.

Close Orders Management (Improved)

Added paginated list and sorting of columns.

Edit Orders Management (Improved)

Added paginated list and sorting of columns.

Dashboard Shortcut Tools (New)

Added new trend scanner refresh icon on the top left corner of the dashboard to manually refresh the data shown on the trend scanner.
Added new minimize all panels icon on the top left corner of the dashboard to quickly minimize all dashboard panels with one click. It will also show a maximize all button on the lower left corner of the chart so you can quickly maximize all dashboard panels with one click.

Toggle Alerts & Data Trend Scanner (New)

Added new toggle icons next to the timeframe names on the trend scanner, which can be clicked to quickly enable or disable the alerts and scanner data for specific timeframes.

Max Lot Size Auto-Trade Filter (New)

Added a new auto-trade filter to limit the total amount of lot size opened on your account at any given time.

Recovery Take Profit (New)

Added new input setting “Use Next Grid as TP” to set a take profit value for each recovery level.

Currency Strength Meter Gold Setting (New)

Added new input setting “Pair Name for Gold” to allow user to change the pair name of Gold used in Currency Strength Meter from XAUUSD to a different Gold pair name set by the broker.

Dashboard Row Separator (New)

Added new input setting “Use Row Highlight Separator” to enable highlight separator on each row on the trading dashboard.

Bug Fixes

Other bug fixes and performance improvements.

Version 8.10 (Release Date: 12/18/2023)

Close Trades by Groups (New)

Close Profit, Close Loss, Close Buy, Close Sell, Close Pending, and Close All functionalities have been added to the Close Orders Management dashboard.
One-click to close trades by groups for a specific pair instead of manually closing each trade.

Trend Scanner (Improved)

You can now disable specific timeframe(s) on the trend scanner to stop scanning for signals.
If you only trade a specific timeframe(s), then this will allow you to disable other timeframe(s) that are not being used to save on resources.
The input settings to toggle this have been added under the section “Trend Scanner”.

Order Management (Improved)

The EA will now automatically apply the current timeframe on your chart when you select the “ATR Multiplier” option for stop loss and take profit calculation and when you select the “Supply/Demand” option for stop loss calculation.
No need to re-adjust the timeframe when opening manual trades if you select ATR Multiplier and/or Supply/Demand option.

Bug Fixes

Removed the constant trend scanner loading screen that popups every few minutes.
Other bug fixes and performance improvements.

Version 8.00 (Release Date: 11/15/2023)

Drawdown Protection Input Settings (New)

Added drawdown protection settings on the input settings of the EA for greater flexibility with saving configuration and back testing.
Added new setting to toggle the automatic disabling of auto-trading after drawdown is hit.
Added new setting for floating drawdown protection.

Profit Protection Input Settings (New)

Added profit protection settings on the input settings of the EA for greater flexibility with saving configuration and back testing.
Added new setting to toggle the automatic disabling of auto-trading after profit is hit.
Added new setting for floating profit protection.

Floating Drawdown Protection (New)

Added ability to track floating drawdown on opened trades for better risk management.
Ability to automatically close all trades once it hits your desired floating drawdown.
It can be set to track floating drawdown of trades based on account balance percentage, floating drawdown of trades in points, or floating drawdown of trades in currency amount.

Floating Profit Protection (New)

Added ability to track floating profit on opened trades for better risk management.
Ability to automatically close all trades once it hits your desired floating profit.
It can be set to track floating profit of trades based on account balance percentage, floating profit of trades in points, or floating profit of trades in currency amount.

Drawdown Protection Auto-Trade Reset (New)

Added new setting to automatically enable auto-trading after disabling it when it triggered the drawdown protection. The drawdown protection resets for the next day, week, or month.

Profit Protection Auto-Trade Reset (New)

Added new setting to automatically enable auto-trading after disabling it when it triggered the profit protection. The profit protection resets for the next day, week, or month.

Auto-Trade Management (Improved)

Added new setting “Trade Entry Timing” which gives the ability to enter on a pullback (limit order) instead of entering trades immediately (market order) as soon as the trade signal is identified.

Trade Signals (Improved)

Added new input setting “SL Calculation Timeframe” that allows to specify the timeframe to use when calculating the stop loss for ATR multiplier and supply/demand.

Manual Grid Management (Improved)

Added ability to select a specific strategy to use when opening grid trades.
Added option to select between recovery strategy, recovery hedging strategy, and trend breakout strategy.
Added ability to disable stop loss and/or take profit by setting the values to zero.

Recovery Hedging Strategy (New)

Added new strategy on the Manual Grid Management (Buy Grid & Sell Grid buttons) that will open hedge trades along with recovery trades. The recovery trades will be in the form of limit orders and the hedge trades will be in the form of stop orders.
The recovery with hedging strategy is used to lessen your risk when entering recovery trades by profiting from both direction of the market.
The recovery with hedging strategy performs best during ranging or consolidation markets.

Trend Breakout Strategy (New)

Added new strategy on the Manual Grid Management (Buy Grid & Sell Grid buttons) that allows to profit from either direction on a strong trending market or price breaking out of a trading range.
The trend breakout strategy is a riskier strategy as it uses lot size multiplier to recover from loosing trades.
The trend breakout recovery strategy performs best during strong trends, breakouts, and highly volatile markets.

Reset Configuration Tool (New)

Added a new icon on the upper left corner of the dashboard to quickly reset the configuration of the EA.

Other Improvements

Improved overall responsiveness of the trading system.
Added new input setting “Data Refresh Timer” which gives the option to further lower the CPU usage used by the trading system.
Added new popup message to let users know if the trend scanner is currently updating its data.

Bug Fixes

Fixed incorrect take profit on auto-trades when the TP calculation is set to fixed points.
Fixed incorrect stop loss on auto-trades when the SL calculation is set to fixed points.
Disabled disclaimer message popup when restarting MT4 while the EA is still attached to the chart.
Fix issues of the EA being unresponsive or freezing on the chart.
Other bug fixes and performance improvements.

Version 7.10 (Release Date: 09/25/2023)

Trading Signals Confluence (New)

You can now enable additional confluences to the main trading signals.

MACD Confluence (New)

You can enable the MACD indicator as a confluence for the trading signals.

RSI Confluence (New)

You can enable the RSI indicator as a confluence for the trading signals.

Stochastic Confluence (New)

You can enable the Stochastic indicator as a confluence for the trading signals.

Moving Average Confluence (New)

You can enable the Moving Average indicator as a confluence for the trading signals.

Double Moving Average Confluence (New)

You can enable the double moving average strategy as a confluence for the trading signals.

Trade Analysis AI Management (Improved)

Write trade analysis response from AI to a text file.

Bug Fixes

Minor bug fixes and performance improvements.

Version 7.00 (Release Date: 08/21/2023)

AI Management (New)

Added AI Management dashboard that uses the power of AI to help you analyze market trends, economic events, analyze your trades, answer any questions regarding Forex trading trained on TakePropips data, and even ask the AI to generate code to customize the trading strategy of the EA.
Ability for AI to generate analysis for Market Forecast, upcoming Economic Data, Recent News, and economic indicators such as CPI, Federal Funds Rate, Treasury Yield, Unemployment Rate, Nonfarm Payroll, and Retail Sales.

Market Forecast – AI Management (New)

AI will analyze the market trends and provide you with trend analysis, support and resistance levels, trend strength, price forecast, and overall summary for a specific currency pair.
Supports all 28 major and minor Forex pairs.

Economic Data – AI Management (New)

AI will analyze the recent and upcoming economic events using real-time data and provides you with event analysis, expected volatility, and overall summary of the event.
Supports all 8 major currencies such as AUD, CAD, CHF, EUR, GBP, JPY, NZD, and USD.

Recent News – AI Management (New)

Uses real-time data to analyze the recent news and provides you with sentiment analysis and overall summary.
Supports all 8 major currencies such as AUD, CAD, CHF, EUR, GBP, JPY, NZD, and USD.

Economic Indicators – AI Management (New)

AI will provide you with information regarding latest developments in important economic indicators such as Consumer Price Index, Federal Funds Rate, Treasury Yield, Unemployment Rate, Nonfarm Payroll, and Retail Sales.

Trade Analysis – AI Management (New)

AI will provide you with in-depth analysis of your current trades so you can decide whether you want to exit the trade or hold the trade.

AI Assistant Chatbot – AI Management (New)

You can now chat with AI with any questions you have related to Forex trading or products from TakePropips.
The AI Assistant is trained on our data, so you can ask any questions related to any of TakePropips products.

Custom Strategy – AI Management (New)

Ability to generate any trading strategies by sending the request to AI and it will auto-generate the code for you.
You can implement the custom strategy created by AI directly with the EA.
The custom strategy will be used as your trading signals and you also gain the ability to automate the custom strategies.

Auto-Trade Management (Improved)

Added new take profit calculation so you can target the same TP calculation as shown on the chart signals. You can choose to target the same TP calculation for TP1, TP2, or TP3.
Added new stop loss calculation so you can target the same SL calculation as shown on the chart signals.
Added ability to set your own auto-trade timeframe per pair.
Simplified the inputs with the ability to still show the advanced options by default.

Dashboard Auto-Resize (New)

The entire dashboard can now be resized manually and automatically based on the available space on your chart.
The dashboard can now auto-resize to smaller size if the user screen width and height is not large enough to fit the dashboard.
New dashboard sizes of extra small, small, regular, large, and extra large to accommodate different screen sizes of user’s machine.

Order Management (Improved)

Added ability to quickly set the take profit and stop loss level of your order based on the current trade signal shown on your chart.
Supports TP1, TP2, and TP3.

AI Algorithm – AML (Improved)

Improved the speed for faster optimization and loading time.
Improved accuracy of the Adaptive Machine Learning algorithm.

Auto-Trade Presets (Improved)

Updated the auto-trade preset files.

Bug Fixes

Minor bug fixes and performance improvements.

Version 6.01 (Release Date: 07/03/2023)

Bug fixes and performance improvements.

Version 6.00 (Release Date: 04/17/2023)

Artificial Intelligence Algorithm (Improved)

Improved pattern recognition for more accurate trading signals.
Improved efficiency for faster loading times even on lower end PCs or VPS and improved optimization to require less CPU resources.
The new AI algorithm can now automatically adapt to market changes without the need to be updated.

License Dashboard (New)

You can now manage your licenses directly on our new TakePropips Dashboard website.
You can activate and update accounts on your license at any time.
You will now be notified automatically on the terminal once a new version is released so you can download the latest version.
Download all your purchased products and other resources directly on the dashboard website.

Premium Strategies (Improved)

5 new premium strategies have been added for Advanced users.
TakePropips Supertrend Max – based on trend-following.
TakePropips Keltner Trend Pro – based on Keltner Channel.
TakePropips Price Action – based on price action patterns.
TakePropips Wave Analyzer – based on price action patterns.
TakePropips Edge Scalper – based on aggressive style of trading for shorter periods.

Secondary Strategy (New)

You can now activate a secondary strategy which will combine both the main trading strategy and the selected secondary strategy.
Secondary strategy can be used to generate additional trading signals since you can now run more than one strategy at the same time.
Secondary strategy can be used as a custom confirmation filter for the main trading strategy.
Secondary strategy can be enabled on all strategies including custom strategies.

Auto-Trade Management (Improved)

Added new input setting to set a maximum limit on the total number of active auto-trades that can be opened by the system.
Modified the auto-trade comments to show the name of the trading strategy.

Task Manager (Improved)

Added ability to automatically open and/or close trades by specifying the date and time.

Candlestick Patterns (Improved)

Added new candlestick patterns and added ability to toggle different patterns on the chart.
Added ability to quickly switch between different candlestick patterns on the chart.
The updated patterns now include the Engulfing Bar, Pin Bar, 3 White Soldiers & Black Crows, Inside Bar, Harami, Hanging Man, Morning & Evening Star, Piercing Line & Dark Cloud Cover, and Doji candlestick patterns.

Swing High / Swing Low Patterns (New)

Added ability to view the pivots high and low on the chart and shows you the higher high, higher low, lower high, and lower low patterns.
The swing points can be used as a key resistance or support level on the chart.

Support & Resistance Lines (Improved)

Added key level prices directly below each support and resistance lines.
Improved key level lines visually to avoid clutter on your chart.

Fibonacci Retracement (Improved)

You can now select short term, medium term, and longer-term period for Fibonacci to give you more flexibility.

Trend Lines (Improved)

You can now select short term, medium term, and longer-term period for Trend Lines to give you more flexibility.

Multi-EMA (New)

Added ability to quickly view up to three moving averages on the chart without the need to manually apply separate indicators on the chart.

Bollinger Bands (New)

Added ability to quickly view Bollinger Bands on the chart without the need to manually apply separate indicators on the chart.

Opposite Entries (New)

Added new input setting to reverse the trading signals generated by the system.
Allows you to switch trading signals from buy to sell and sell to buy. This can be used for hedging your trades.

Trend Scanner (Improved)

Improved success rate and trend detection for the trend scanner boxes.
Fixed some inconsistencies with the trend scanner boxes showing incorrect success rate percentage.

Manual Grid Management (Improved)

Added new input setting to allow each pending grid order to have a take profit value.
Fixed Manual Grid take profit field to reflect the correct value entered by the user.

Keyboard Shortcuts (Improved)

Added keyboard shortcut support for Fibonacci, Swing High / Swing Low, Multi-EMA, and Bollinger Bands.

Reset Settings Function (New)

You can now quickly reset the system back to its default state by using this new function.

Bug Fixes

Fixed News Management not showing any data.
Fixed the trailing stop option “Partial Close” not working properly.
Fixed Account Protection to close all orders on the account instead of just closing orders shown on the trading dashboard.
Other bug fixes.

Version 5.20 (Release Date: 01/25/2023)

Technical Data Panel (New)

Shows a timer countdown for the next bar on the current chart and current spread of the pair.
Shows the data of technical indicators such as RSI, Stochastic, MACD, Moving Averages, Average True Range (ATR), Commodity Channel Index (CCI), ADX, Williams’ Percent Range (WPR), Momentum, and Money Flow Index (MFI).
Shows volume, volatility, ask, bid, current high, low, open, close, and change percentage for the current chart.

Fibonacci Retracement (New)

Automatically calculate and apply the Fibonacci Retracements on the current chart.

Range Meter Column (New)

The Range meter shows visual representation of its current price relative to the highs and lows of the current daily candle.
A meter that is more green shows that the current price is near the highs of the daily candle.
A meter that is more red shows that the current price is near the lows of the daily candle.
Range meter can be shown by clicking the switch icon next to “Price” column on the dashboard.

Compact View Icon (New)

You can now quickly switch to compact view by clicking the compact icon on the top left corner of the main trading dashboard.

Watermark (New)

Added ability to show a watermark of the pair name and timeframe on the chart.

Clear Chart Objects Icon (New)

Added ability to hide trading signals and order chart labels on the chart by clicking this icon on the top left corner of the main dashboard.

Trade Signals Panel (Improved)

You can now disable TP2 and/or TP3 on chart trading signals.
You can now disable the stop loss on chart signals so it will only exit on new opposite signal.
The current trading strategy is now visible on the bottom section of the Trade Signals panel.

Notifications History (Improved)

Ability to retrieve history of notifications even after restarting the trading system.
Default sorting is modified to show the latest notification as first entry.

Auto-Trade Management (Improved)

You can now disable the Max Spread and Max Slippage filter by setting the value to zero.
Added ability to show any enabled auto-trade filters on the Auto-Trade Management panel.

Custom Strategy Creator (Improved)

Added a “Reverse” button to quickly populate the opposite strategy of your buy or sell strategy.

Advanced Screener (Improved)

Updated to show a colored row separator for easier viewing and default the view to Technical.

Technical Analysis Panel (Improved)

Added ability to quickly switch between different moving averages for trend calculation, RSI and Stochastic on the bar chart, and different candlestick patterns.
Added ability to hide Oscillator Signals section.
Keltner Channel can be toggled directly on the Donchian Channel button.
Added Fibonacci Retracement button.

Technical Dashboard Management (Improved)

Added price action indicator shortcuts.

Bug Fixes

Other improvements and bug fixes.

Version 5.11 (Release Date: 11/20/2022)

Improved licensing system.
Fixed strategy tester optimization errors.
Fixed automatic closing issue on auto-trade recovery with hedging strategy.

Version 5.10 (Release Date: 10/30/2022)

Auto-Trade Recovery Strategy (Improved)

Dynamic recovery strategy has been improved for auto-trades.
Auto-Trade Recovery inputs can now be modified directly on the Auto-Trade Management dashboard.

Auto-Trade Hedging Strategy (New)

Hedging is now an option when auto-trade recovery is enabled.
You can hedge recovery trades to reduce your overall risk.

Auto-Trade Filter (Improved)

Added ability to choose your own timeframe for higher timeframe analysis.
Added "Enter One Signal Per Trend" filter setting to only trade one signal per trend similar to the trading signals on the chart.

Auto-Trade Mode Only (New)

You can now enter auto-trade mode only to just trade the current pair and timeframe on the chart without the entire dashboard running at all times.
Uses less resources on your computer if you only need to run auto-trade on a specific pair(s) and timeframe(s).

Backup Configuration Settings (New)

You can now manually save and load configuration settings used in Management dashboards.
Automatic daily backup has been added for configuration settings.

Trend Scanner Calculation (New)

Added ability to use moving averages as a way to calculate trend shown on the trend scanner.

Adaptive Machine Learning (Improved)

Modified and improved the performance of Adaptive Machine Learning.
You can now manually modify the number of candles to calculate for machine learning.
Improved responsiveness of the dashboard when Adaptive Machine Learning is enabled.

Strategy Tester (New)

You can now test the auto-trade functionality of the EA using MT4 Strategy Tester.
Custom strategies using our built-in custom strategy creator or the custom strategy developer option can now also be tested on Strategy Tester.

Order Chart Labels (Improved)

Increased responsive of order chart labels when moving around the chart.

Bug Fixes

Fixed issue where new trading signals does not show on chart after running the system for long periods.
Other bug fixes.

Version 5.01 (Release Date: 09/15/2022)

Fixed auto-trades closing early before it hits take profit or stop loss.
Fixed trading alerts not showing when Adaptive Machine Learning is enabled.

Version 5.00 (Release Date: 09/04/2022)

Task Manager (New)

Task Manager allows you to create a to-do task for automation such as opening buy/sell trades, price alerts, and closing of trades using both horizontal lines and trend lines to set your price target.
You can specify different conditions such as execute the task when price reaches a specific target, and/or price closes above / below a specified price target.
You can view all to-do tasks in a paginated list and it can be filtered using date and pairs. The data can be also be sorted in ascending or descending order based on the column selected to sort.
All pending tasks are listed and can be deleted if its no longer needed.

Account Report Management (New)

New Account Summary which shows detailed statistics and performance of your trading account. It will also display a balance chart so you can see the changes in your account balance over time. You can also use the filter by date and filter by pairs feature to customize the report shown based on that specific filter.
New Transaction History which shows you the trade history of your account. You can use the filter by date/pair, pagination, and sort functionality on this dashboard.
Pairs Performance Summary has been moved to this dashboard. This shows you the performance of each pair on your account.
Transaction History and Pairs Performance Summary are in paginated list and it can be filtered using date and pairs. The data can be also be sorted in ascending or descending order based on the column selected to sort.

Account Protection Management (New)

New Profit Protection feature which allows you to lock in your desired profit in account percentage, amount, or points. This is used to avoid overtrading and acts like a take profit on your account balance.
The Drawdown Protection can now be set to calculate using account percentage, amount, and points. Drawdown Protection acts like a stop loss on your account balance.
You can change the frequency in which the protection for drawdown and profit will reset. You can set to check daily, weekly, or monthly.

Notifications History (New)

Notifications History shows you the history of the alerts sent out by the trading system. Even if you miss out the alerts sent out to MT4 or your phone, you can check on this dashboard to see a full list of alert messages that was generated.
You can use the filter by date, filter by pairs, pagination, and sort column functionality on this dashboard.
You can enable/disable notifications directly on this dashboard.

Stealth Mode (New)

Stealth Mode allows you to hide the stop loss and take profit values from your broker to prevent stop loss hunting.
It will set the TP and SL to zero from new and currently opened trades and it will store these values locally on the trading system.
The trading system will automatically check the hidden values and close the trade once the price reaches the SL and TP.

Order Ticket Management (New)

The Order Ticket Management allows you to individually manage each order.
On this dashboard, you can edit the SL and TP, close the order, hedge order by opening an opposite trade, and reverse order by closing the current position and opening a new opposite position.

Order Chart Labels (New)

Each opened trade will now have an order label drawn directly to the chart so you know exactly the direction of the trade, lot size, profit/loss.
The order labels will come with 2 buttons, the "E" and "A" button. The "E" button will show the Order Ticket Management dashboard. The "A" button will show the order chart lines for SL, TP and partial close lines (if enabled).
You can adjust the TP, SL and partial close values by dragging the order lines after the "A" button is clicked.

Hedge Position (New)

You can now hedge a trade by opening an opposite position of your selected opened order. The hedge position will use the same stop loss and take profit prices from your selected order.
You can customize the total volume to hedge using the lot percentage or manual lot size to allow full hedging or partial hedging of an order.
Hedge Position can be accessed on the Edit Orders Management dashboard and Order Ticket Management dashboard.
Hedging is like an insurance on your trade by reducing your exposure and covering the amount of loss that would have otherwise been incurred if a trade is losing.

Reverse Position (New)

You can now reverse a trade by closing your selected opened order and opening a new order in the opposite direction. This process is automatic and only requires one click.
It will use the same SL, TP, and lot size from your selected opened order to the new reversed order.
This feature is used if you have an opened trade and you think the market will reverse so you can take advantage of a price reversal.

Fast Buy and Fast Sell (New)

You can now quickly open a market order with just one click of a button. The Fast Buy button will open a buy market order and the Fast Sell button will open a sell market order.
Fast orders predefined calculation for take profit, stop loss, and lot size can be modified on the input settings.

Trend Scanner Data (New)

The Trend Scanner Data allows you to change the data shown on your trend scanner. The default data shows the success rate of the trading signals for each timeframe / pair.
You can change the data shown on the trend scanner to the bar age of the last signal, rating, total number of signals, total wins, total loss, RSI, and Stochastic.

Low Power Mode (New)

Optimize and improve the CPU performance of the system which results in 50% less consumption in CPU resources. This allows the system to run smoothly even on lower spec computer / VPS.
No affect in trading signals or the way the trading system functions. It is recommended to keep this setting turned on.

Manual Grid Management (New)

This dashboard allows you to place a series of buy and sell orders at predefined intervals at a fixed price.
Allows you to customize the grid settings such as grid size, number of grids, lot size, SL, and TP directly on this dashboard.
You can now open both a buy grid and sell grid positions at the same time for each pair.

Shared Settings (New)

Shared Settings dashboard allows you to set the same trade function settings across all pairs. These trade functions include auto-trade, trailing stop, breakeven SL, and partial close.
This dashboard also allows you to enable or disable auto-trade, trailing stop, breakeven SL, and partial close for all pairs at once.

One Cancels Other Order (New)

This function allows you to manually create multiple pending orders for each pair and once one of the pending orders is executed, then it will automatically cancel the other pending orders from the same pair.

Chart Screenshot (New)

Chart Screenshot gives you the ability to take a screenshot of the current chart with just one click.

Spread and ADR Column (New)

You can now switch the Price column and Change% column on the main dashboard to Spread and ADR respectively. You easily switch back and forth by clicking the column name of Price and Change%.

Commission and Swap Calculation (New)

You can now add commission and/or swap to the calculation of profit/loss on the trading system.

Filters, Pagination, and Sorting (New)

These features have been added to dashboards that require to show long list of data.
The Date Filter allows you to filter the list using a timeline. Predefined dates are included such as All Time, Today, Yesterday, Last Week, This Month, Last Month, This Year, Last Year, and Custom Date.
The Pairs Filter allows you to filter the list using the pair(s) associated with that data.
Sorting a column can be done by clicking the column name that has a up/down arrow besides it. You can click more than once and it will sort in ascending or descending order.
Pagination allows you to move through different pages of a list. You can quickly go to a specific page using "Go to page" textbox. You can also change the total number of rows shown on each page.

Apply Same Settings to All Pairs (New)

This new input setting allows you to specify the auto-trade settings, trailing stop settings, breakeven SL settings, and partial close settings that will be use for all pairs.
This is used if you prefer to change these values on the Inputs tab setting of the trading system and you want to use same settings across all pairs on the dashboard.
Please note that if this setting is enabled, then individually changing the auto-trade, trailing stop, breakeven SL, and partial close setting for each pairs on the management dashboard will be disabled.

Trailing Stop Management

Added Moving Average and Partial Close as an option to trailing your stop loss.
The Partial Close option allows you to trail your SL using the price levels of partial take profit. E.g., If you have the partial TP1, TP2, and TP3 enabled, then once the price reaches TP1, the SL will move to breakeven. Once price reaches TP2, the SL will move to TP1, and once the price reaches TP3, the SL will move to TP2 price level.

Close Orders Management

You can now manually specify the lot size, lot percentage, or the total amount in your account currency to close in a position.

Close All Orders Management

You can now view all opened trades in a paginated list and it can be filtered using date and pairs.
The data can be also be sorted in ascending or descending order based on the column selected to sort.

Auto-Trade Management

Added Trade Direction as an option to allow auto-trades be opened on only long, only short, or both.
The Trade Direction can be set individually for each pair and its useful if you have a direction bias for specific pairs.

Order Management

Increased responsiveness of the order lines when being dragged on the chart.
Added ability to manually type in and edit the entry price on the textbox.

Keyboard Trading

Added more shortcuts and allows the customization of the keyboard shortcut key on the input settings.

Compact View

Added Trade Analysis and Fast Buy/Fast Sell buttons on the compact view of the trading system.

Technical Analysis Panel

Moved Pivot Points, Donchian Channel and Keltner Channel to this panel.
If the Technical Analysis Panel is minimized, then you'll still be able to access the built-in price action indicators such as Supply/Demand Zones, Trend Lines, Candlestick Patterns, Pivot Points, Donchian, and Keltner Channels on the Technical Dashboard Management.

Bug Fixes

Fixed missing Currency Strength meter suggestions alert.
Fixed pending recovery trades not closing automatically when the original trade has hit its take profit.
Fixed incorrect amount shown on the partial close order lines to take into account of the close percentage as well.
Other bug fixes.

Version 4.00 (Release Date: 06/30/2022)

New Adaptive Machine Learning algorithm to improve the overall performance of the trading system.
New Advanced Screener Management dashboard which allows you to filter instruments across all timeframes based on your selected technical criteria(s).
New Pairs Performance Management dashboard which allows you to check the overall account performance of each pair.
New Customizable Currency Strength Meter which allows you to add and track the strength of additional instruments such as Indices, Commodities, and Crypto.
New Compact View to make the entire trading dashboard fit better on smaller screens without loosing its functionalities.
You can now separately enable/disable trailing stops, breakeven SL, and partial close for manual trades and auto-trades.
New Breakeven SL Management dashboard which allows you to automatically set the SL to breakeven once a certain target has been hit. This can be enabled for both manual and auto-trades.
New Auto-Trade Management dashboard which allows you to set specific TP, SL, and lot size for each pair.
New Dynamic Auto-Trade Recovery feature that can be toggled on/off for each pairs which will allow the recovery of loosing trades.
New Help Panel for the management dashboards which shows important information and explanation of features that can be used within the trading system.
New Pivot Points
New Drawdown Protection Management dashboard which allows you to set the max equity and daily drawdown tolerance of your account.
New Standard Strategies included for free.
New Keyboard Trading which allows you to operate trade functions such as auto-trade, open trades, edit trades, and close trades using keyboard shortcuts.
New Toggle All function which allows you to enable/disable auto-trade, trailing stop, breakeven SL, and partial close for all pairs at once.
Added separate color for buy signals and sell signals for easier identification on the chart.
Added optional hard stop value for creating manual grid orders.
Improved licensing system
Added row highlighting to easily identify the selected pair on the dashboard.
Added ability to change font text of the trading dashboard.
Added Price Lock feature for Order Management dashboard which allows you to lock in a price for TP and/or SL.
You can now drag the entry order line on the Order Management dashboard and it will automatically change the order type from Market order to Pending order.
You can now drag the TP and SL order lines above/below the entry line on the Order Management dashboard and it will automatically change from Buy to Sell or Sell to Buy depending on the location of the TP and SL.

Version 3.11 (Release Date: 05/01/2022)

Fixed issue of the EA suddenly getting disconnected from the chart

Version 3.10 (Release Date: 04/20/2022)

Added new lot size calculation that allows you to set a specific amount to risk per trade.
Added SL and TP amounts on Order Management panel which allows you to see the total amount of your TP and SL in your account’s currency.
Added breakeven SL on auto-trades.
Added option to disable auto-trading once drawdown reaches your specified limit.
New visual order lines for Order Management panel which shows the size of SL/TP, lot size, amount, and risk/reward ratio.
Fixed issue on sudden disconnection to licensing server.
Fixed partial close issue on sell trades.

Version 3.00 (Release Date: 03/27/2022)

New Order Management dashboard when opening buy and sell trades manually.
New Technical Dashboard Management which allows you to check all pairs across all timeframes for any bullish/bearish patterns from various technical indicators.
New Edit Orders Management which allows you to edit the SL and TP of any opened orders along with ability to set breakeven SL.
New Partial Order Management which allows you to set partial closing for up to 3 take profit and partial closing for up to 3 stop loss targets.
New Close All Orders Management which allows you to close all profit, close all loss, close all buy, close all sell, close all pending, and close all trades functions.
New Close Order Management which allows you to partially close orders from each opened trade by 25%, 50%, 75%, or 100% of your lot size.
New Currency Strength Meter Management which allows you to open orders for a specific currency and manually set the lot size, SL and TP.
New Visual Order Lines which allow you to set your SL and TP by dragging the lines on the chart.
New Create Your Own Strategy feature which allows you to directly code your own buy & sell entries and use it to automate your own strategies (Dev only).
You can now save up to 10 custom strategies for both our no code custom strategy and custom strategy for developers.
When manually creating orders, you can now automatically calculate your SL and TP using ATR multiplier, and Supply/Demand zones.
New Distance column on the main dashboard which allows you to see how many points away you are at hitting either your SL or TP.
Added ability to create pending orders and choose expiry date directly from the Order Management dashboard.
Added success rate filter for auto-trades.
Added TP2 and TP3 to trading signals alerts.
Added breakeven SL feature.
Added trailing stop deduction to reduce the size of SL for every x minutes.
Added total drawdown and daily drawdown protection.
Added total signals and last signal age statistics on the trade signals panel.
Fixed the EA to allow signals to be sent even when the dashboard is minimized.
Changes to the licensing system.
Trades not opened by the EA are now shown on the trade manager so all trades regardless of where it came from can now be tracked and managed.
Fixed incorrect SL on signal alerts.

Version 2.11 (Release Date: 02/20/2022)

Fixed the news functionality of the EA to use the updated link of the news service.
Code enhancements.

Version 2.10 (Release Date: 01/18/2022)

Added Candlestick Patterns to automatically detect bullish and bearish patterns directly on the chart.
Added ability to show the Keltner Channel and Donchian Channel on the chart.
Added ability to automatically use pending limit orders on auto-trade instead of just market orders.
New input setting to disable order comments.
New input to add more instruments in addition to currency presets.
Fixed minor bug on auto-trade when signals win rate is not visible on the dashboard.
Fixed scanner dashboard accuracy to match the win rate of the trading signals.

Version 2.00 (Release Date: 12/16/2021)

Added ability to create your own custom strategy.
Added ability to switch the main trading strategy for valid TakePropips products.
Gold (XAU) has been added to the Currency Strength Meter.
Added automatic Grid trading by enabling the high-risk toggle on the trading dashboard.
Added Martingale option for both automatic and manual Grid trading.
Added Scalper trading style on the Trade Signals panel.
Automated Trend Line period can now be changed on the input setting.
New options to change data shown on the scanner such as age of the last signals bar and an overall rating.

Version 1.12 (Release Date: 11/16/2021)

Fixed issue on Auto-Trade regarding closing of orders.
Added ability to automatically minimize the dashboard when user switches pairs/timeframe using the scanner.
Reorganized input settings.

Version 1.11 (Release Date: 11/10/2021)

Added Prefix and Suffix input for symbol names.
Added ATR buffer to stop loss calculation.
Added ability to close visual pending order.
Added "Close" button on Buy/Sell Grid buttons.
Fixes overlap of objects on visual pending order.

Version 1.10 (Release Date: 11/05/2021)

Added Automated Trend Line feature.
Added Forex Market Session feature for New York, London, Tokyo, and Sydney Session.

Version 1.00 (Release Date: 10/23/2021)

Official release of the TakePropips Trading Management Solutions EA.

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