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We’re thrilled to share some exciting new features and enhancements with you in this SageMaster Forex latest update we released today. Let’s dive in!
What’s New?📊
- Smart Assist Enhancements
- Expert Assist has been rebranded to ‘Smart Assist’
- Improved the stability of assists from a technical perspective by fixing server errors, sticky session errors, and ensuring instance availability.
- The ability to edit the running Smart Assist has been added. This means that you do not need to stop your Smart Assist to make changes. Changes can now be made at any time, and only new trades will be affected by them.
- Added the ability to close the trade for stopped assist.
- Smart Entry
- Designed to optimize trading strategies by dynamically aligning Stop Loss (SL) and Take Profit (TP) settings with market conditions and individual trader preferences.
- Offers two main settings: SL by Pips and SL by Price.
- In SL by Pips, the SL pips value is copied from the entry price signal, and Take Profit is calculated based on this SL pips distance and a user-defined Risk to Reward (RR) ratio.
- In SL by Price, the SL is set at the exact price level provided by the signal provider, and TP is calculated based on the actual SL risk (in pips) at trade execution and the user-defined RR ratio.
- Works in combination with other features like Smart Partial Profit, which adjusts partial profit levels based on the trade’s RR ratio.
- Smart Partial Profit
- Provides dynamic adjustments of partial profit levels based on the trade’s Risk to Reward (RR) ratio.
- Automatically generates a fixed number of partial profit levels corresponding to the “Smart Entry” RR ratio.
- Users can adjust the closure percentage at each auto-generated level.
- Breakeven in %
- Refers to setting a breakeven point as a percentage of the profit distance expected to reach in a trade.
- For example, if a breakeven point is set at 50% for a Take Profit (TP) target, the Stop Loss (SL) adjusts when the trade reaches 50% of the distance to the TP target.
- Allows for dynamic adjustments based on the progression of the trade.
- Expiry Time for Price Tolerance
- Defines the time period for which a trade signal remains valid after it’s received. You can set the duration based on minutes or seconds.
- If market conditions, such as price, don’t fall within the set tolerance range during this period, the signal is considered expired, and the trade is not executed.
- TP Proximity
- Designed to work in conjunction with price tolerance. A condition to assess if the market price is close to reaching any Take Profit (TP) level specified in the trade signal.
- Users can define what “close” means, for example, within a certain percentage or number of pips.
- If the price is detected within the set proximity to the TP, the trade might not be executed even if other conditions like price tolerance and expiry time are met.
- Helps to avoid entering trades that are already close to their profit targets.
- The Smart Assist Dashboard displays the number of open and closed trades, as well as the profit for open trades.
For more details, please refer to the documentation or contact our support team.
