Blackbox Trade Controller

The Blackbox Trade Controller is a hybrid Trade Management System that has been fully integrated into the MetaTrader 4 environment in real-time.

It consists of a windows application called the Trade Console and incorporates a number of MT4 modules.

It has been designed to: –

  • Take advantage of the MT4 features that have been done well and improve in areas where it is weak.

  • Replace the MT Terminal by centralizing trades from all MT4 Installs into a single interface.

  • Manage live trades and monitor ongoing performance and risk exposure.

  • Automate tasks such as calculating risk/reward, position size, trade management and trade journaling.

  • Enable the customization of the MT4 environment.

  • Provide an interface for the review and analysis of trade results.

  • Support single or multiple monitor environments.

  • Support multiple MT4 installs and accounts either from the same or different brokers.

  • Allow separate trade banks to be assigned to each MT4 install.

  • Replace the built-in MT4 alerts feature.

The following video provides a brief overview of the Blackbox Trade Controller.