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The Difference between Trade Manager EA and Zone Trade Manager
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martinch
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April 13, 2014 - 20:28
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Hi Theo and Everyone,

I have a question. during evaluation to become a VIP member.

In the member option, I saw VIP Basic + LiveRoom and VIP Basic + VPS and ZTM.

I know that VIP Basic + VPS and ZTM is on waiting list but I'm just curious about the difference between Trade Manager EA which in the VIP Basic + LiveRoom membership and Zone Trade Manager which is in VIP Basic + VPS and ZTM membership.

Could you please elaborate a little about the difference between the two and how you use those two?

Looking forward for your reply

Thank you

 

Martin

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Theo Patsios
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April 13, 2014 - 22:56
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Hi Martin,

The difference is in how much can be pre-planned / the level of automation.

If you watch a couple of these videos:
** Register Here for Free Membership to see this image/link **

and then a couple of these videos:
** Register Here for Free Membership to see this image/link **

You should start to understand the differences a little more, the zone trade manager is also highly customizable in all areas of entry mechanism and trade management but comes with very solid default settings too.

Theo

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martinch
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April 14, 2014 - 05:43
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Hi Theo,

Thanks for the fast reply.

I see. I think The Zone Trade Manager has more automation to it, especially for entry. but then again I guess the Trade Manager will also do the job.

I will take a deeper look into the Trade Manager EA since the open membership is for VIP Basic + LiveRoom.

I do have another question:

Since, I'm still new to Expert Advisor. Do I have to turn on my notebook and connect it to the internet for the Trade Manager EA to work? I'm working 9 to 5 and move from place to place most of the time.

Thank you.

Martin  

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Theo Patsios
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April 14, 2014 - 06:02
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Hi Martin,

The only way for any software to run without having your computer powered on is by using a VPS service,
I did just have 1 spot free up on our server but then it sold before I could even put it online :(

There is 1 account I have on the server reserved for various tests which I don't need right now so if you are interested in 1 of the packages that include the VPS just let me know and I will delete my test account and give you that spot. It sounds like you are in exactly the kind of situation that needs to trade via VPS.

Theo

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