The Guardian Angel
LegacyFX’s free Guardian trading is a smart communication system that acts as a risk management tool for MetaTrader 5. The Guardian Angel add-on increases the real-time information available to better manage the risks and opportunities of each trade.
The system smoothly integrates to the MetaTrader 5 platform and sends you instant feedback as you trade. It is able to detect a potential risk or missed profit opportunity according to a pre-set investment style and preferences. Using the Guardian Angel system helps you refine your decision-making process and polish your trading skills.
Guardian Angel produces a wide range of highly effective messages,including:
- Margin alerts
- Setting stop loss
- Relevant market notices
- Changes in market volatility
- Reporting on progress and regression in
- Excessive risk
- Strong/weak trading performance
The system analyzes your transactions in real-time to find systematic patternsin your trading and how they relate to the conditions in the market. Theanalysis, which takes a few seconds to complete, directs your attention to thestrengths and weaknesses in your trading style, providing insights about yourown trading and helping you make high-quality decisions over time.
The Guardian Angel tool is helpful for new traders and experienced ones alike,providing an external and objective review of their trades. This feedback cancontribute to the trader’s current and future trades, as learning from mistakesis an integral part of trading.
Guardian Angel is unique to each trader, meaning it does not generate the samefeedback to all users. Each trader designs their own Guardian Angel, suited fortheir requirements. The tool will only give the trader’s wants and needsaccording to their pre-defined preferences and settings.
Already have a MetaTrader 5 account with LegacyFX?
Download the Guardian Angel tool for free:
(create an account) (download Guardian Angel)
Guardian Angel Tutorial
This is the main display of messages that will appear every time you open orclose positions. Keep this window open while you trade.Each message will be identified with a different color to state its level ofseverity :
- Green - Positive indication
- Yellow - Medium level of importance
- Red - High importance or danger