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FxMagnetic Rolls Out Version 1.5.2 with Smarter Stop-Loss Logic and Prop Firm Protection Features

FxMagnetic Rolls Out Version 1.5.2 with Smarter Stop-Loss Logic and Prop Firm Protection Features

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London, UK – November 17, 2025 — The latest update from FxMagnetic introduces new features aimed at improving trade safety, structural precision, and automation control for both forex traders and those navigating the challenges of proprietary trading firm evaluations.

With the release of Version 1.5.2, the entire FxMagnetic Suite—spanning RSI Trader, MACD Trader, Flow Trader, Stochastic Trader, Candlestick Labs, and others—now supports a re-engineered Hull Shield indicator, improved SL/TP behavior, and enhanced controls for managing consecutive losses.

The update reinforces FxMagnetic’s focus on strategy development and automation without coding, with tools designed for traders who value both flexibility and risk discipline.

A Smarter Way to Place Stop-Loss and Take-Profit Levels

Among the most notable changes is a newly added option for placing SL/TP levels: PSAR (Last Flip Point). Unlike conventional methods, this feature looks backward to identify the most recent PSAR trend reversal, using that price level as a structural anchor for stops. This makes risk management more aligned with real price action rather than relying solely on the last closed candle.

The previously used PSAR mode has been renamed PSAR (Last Candle) to reflect its logic more clearly.

All SL/TP methods in FxMagnetic now also accept a secondary setting called SLTP Parameter 1, allowing fine-tuning of the logic. For instance:

  • In ATR mode, it sets the ATR period.
  • In PSAR mode, it defines the PSAR step.
  • For fixed SL/TP, the parameter is not required.

Leaving the parameter at –1 enables automatic use of recommended defaults like ATR(14) or PSAR(0.02), depending on the strategy.

Protecting Trading Accounts with Consecutive Loss Controls

In response to the needs of prop firm traders, the FxMagnetic Autotrader has been upgraded with a Max Consecutive Losses (MCL) control. This new feature allows the system to:

  • Pause further trading after a defined number of losing trades,
  • Optionally close all open positions at that point,
  • And resume only after manual review or system reset.

“Tools like MCL give traders the ability to prevent a bad streak from escalating into a disqualifying drawdown—especially in funding challenges where capital protection is essential,” said a representative from the FxMagnetic team.

The feature is fully customizable and can be toggled on or off depending on the trader’s preference.

Platform-Wide Enhancements to Stability and Execution

The 1.5.2 release also delivers several improvements that benefit all apps within the FxMagnetic ecosystem:

  • Hull Shield (v1.1.0): Redesigned as a histogram in its own chart window, it avoids the repainting issues observed with the previous line-based version. This ensures more accurate visual signals and consistent backtest/live performance alignment.
  • Refined Exit Time Logic: Improvements to time-based trade exits ensure trades are closed precisely at scheduled times, even in complex synced conditions.
  • Enhanced Input Handling: User inputs are now validated more robustly, reducing the chance of incorrect or unstable configurations during backtests or live runs.

These updates apply to all compatible FxMagnetic apps and reflect an ongoing commitment to maintaining software reliability under varied broker conditions.

Designed for Strategy Builders with Real-World Constraints

The FxMagnetic Suite continues to evolve as a platform for automated strategy creation, offering a visual, testable environment for traders who want to control risk, define clear rules, and reduce screen time.

FxMagnetic 1.5.2 is available now and free for existing users of eligible licenses. For more information on the new features or to explore the full lineup, visit FxMagnetic.com.

 

Local Trade Copier Updates MT4 and MT5 Versions with New Tools for Prop Firm and Retail Traders

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Dubai, UAE – September 9, 2025 – The latest versions of Local Trade Copier—2.9.9j for MetaTrader 4 (MT4) and 1.1.12 for MetaTrader 5 (MT5)—have been released by developer Rimantas Petrauskas. The upgrade brings a series of refinements aimed at strengthening reliability, enhancing safety, and offering traders more flexible ways to manage multiple accounts.

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FxMagnetic Flow Trader Debuts with Multi-Strategy Moving Average Automation for Forex and Prop Firm Traders

FxMagnetic Flow Trader Debuts with Multi-Strategy Moving Average Automation for Forex and Prop Firm Traders

By Updates No Comments

Dubai, UAE – August 31, 2025 — A major update from FxMagnetic has introduced a new tool to its popular trading automation suite. The newly launched FxMagnetic Flow Trader offers traders the ability to test and automate strategies based on a variety of moving average models, all within the MetaTrader 4 platform.

The release is part of FxMagnetic’s broader Version 1.5.1 update, which also brings enhancements to trade filters, platform stability, and risk-handling mechanics. The new app is now available globally and is aimed at both individual retail traders and those managing capital through proprietary trading firms.

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FxMagnetic Introduces Stochastic Trader – A New Automated Trading Tool for Forex and Prop Firm Strategy Builders

FxMagnetic Introduces Stochastic Trader – A New Automated Trading Tool for Forex and Prop Firm Strategy Builders

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London, UK – June 23, 2025 — A new addition has just joined the FxMagnetic Suite: Stochastic Trader, a powerful tool designed to help forex and proprietary trading participants build and automate strategies using the Stochastic Oscillator. With this release, FxMagnetic continues its mission to simplify technical trading through software that combines real-time backtesting, performance tracking, and automated execution.

The newly launched Stochastic Trader is built for MetaTrader 4, with full compatibility for retail trading and popular prop firm challenges. Its key features include a Scanner for discovering high-probability setups and an Autotrader for executing trades according to predefined logic and safety rules.

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New Book Trading Mindset Unlocked by Rimantas Petrauskas Targets Psychology Behind Trading Success

New Book Trading Mindset Unlocked by Rimantas Petrauskas Targets Psychology Behind Trading Success

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Vilnius, Lithuania – July 25, 2025 – Author and trading educator Rimantas Petrauskas has published a new book, Trading Mindset Unlocked: 10 Steps to Overcome Fear and Trade With Confidence. Available globally on Amazon as of today, the book provides traders with a structured approach to mastering one of the most critical yet under-discussed areas of trading—psychology.

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Streamlined Parabolic SAR Strategy Automation

Streamlined PSAR Trading Strategy Automation: FxMagnetic™ Introduces Parabolic Trader for MetaTrader Platforms

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Trading strategy development enters a new era as FxMagnetic unveils Parabolic Trader, a purpose-built indicator designed to transform how traders leverage the Parabolic SAR technical analysis tool. Released in April 2025, this specialized software empowers users to create, test, and implement automated strategies without programming expertise.

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FxMagnetic Launches MACD Trader: A Faster Way To Develop MACD-Based Strategies

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February 2025 – Trading software developer FxMagnetic has unveiled its latest innovation, FxMagnetic MACD Trader, a specialized indicator tool that revolutionizes how traders create, test, and deploy MACD-based strategies across multiple markets.

This powerful software indicator addresses a critical pain point for traders who traditionally spend countless hours manually testing different MACD parameters and configurations. FxMagnetic MACD Trader automates this process, enabling rapid discovery of optimized settings without requiring programming knowledge.

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Local Trade Copier Launches MT5 & MT4 to DXTrade Trade Copying Feature

Cross-Platform Trading Enhanced: Local Trade Copier Now Supports DXTrade with MT4/MT5 Compatibility

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February 2025 – Trading technology innovator Local Trade Copier has released a significant platform update that enables trade copying from MetaTrader 4 and MetaTrader 5 directly to DXTrade environments. This technological advancement addresses growing demand from traders seeking to maintain strategy continuity while transitioning between different trading platforms.

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A New Era for Traders: Copy Trades to DXTrade With MetaTrader 4 Bots

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In the fast-evolving world of trading, adapting to new platforms like DXTrade can feel like a leap into the unknown—especially if you’re accustomed to MetaTrader 4’s ecosystem. MetaTrader users often rely on highly customized bots, technical indicators, and strategies they’ve fine-tuned over the years. 

With the MT4 to DXTrade Copier, you no longer need to abandon your favorite indicators for MetaTrader, automated trading algorithms, or moving averages. Instead, you can replicate trades seamlessly with MetaTrader 4 bots, maintain your strategies, and continue using essential MetaTrader tools like the MACD and Bollinger Bands.

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Local Trade Copier™ Software Update History

By Tutorials No Comments

2024-11-29

Metatrader to DXTrade Copier version 1.1.0 has been released.

New Additions:

  • MT5 to DXTrade Copier: We have created the MT5 version of the DXTrade Copier. Now, you can copy trades from MT5 to DXTrade.

New Features:

  • Copy SL/TP: Metatrader to DXTrade Copier now can copy stop-loss and take-profit levels.

Improvements:

  • Improved automated symbol mapping for the Metatrader to DXTrade Copier.
  • Improved the speed of the main software algorithm.
  • Added “Reverse Trades” copy mode.
  • Made the software print more information in the EXPERTS tab about what it is doing.
  • Fixed several bugs.

2024-08-31

MT4-to-DXTrade Copier version 1.0.1 has been released.

I wish I had created this page 14 years ago. Well, better now than never.