Business Idea: A user-friendly trading software tailored for forex traders that ensures seamless execution of take profit and stop loss orders, preventing conflicts and improving trading efficiency.
Problem: Traders often face frustrating issues with conflicting or malfunctioning TP/SL settings, leading to unintended trades, losses, or missed opportunities—especially in complex platforms like MT5.
Solution: Develop an intuitive trading platform or plugin that guarantees smooth integration and functionality of TP/SL fields, allowing traders to set and manage their exit orders confidently without technical glitches.
Target Audience: Forex traders, especially day traders and scalpers using MT5, who seek reliable and efficient trading tools to improve consistency and outcomes.
Monetization: Revenue streams include subscription plans, premium features, or licensing fees for professional traders, and possible partnerships with trading platforms.
Unique Selling Proposition (USP): It offers a reliable, integrated solution that makes TP/SL functions work harmoniously, reducing execution errors and enhancing trader confidence—a significant improvement over standard platform limitations.
Launch Strategy: Begin by creating a simple plugin or script that improves TP/SL functionality in MT5, then test with a small group of active traders, gather feedback, and refine before broader marketing.
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