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UR TradeManager MT5

UR_TradeManager for MetaTrader 5

Initial words

Hey Trader!

Fist of all - this tool is created by a trader that codes, not by a coder that trades. Therefore it is minimalistic in UI, but maximizes automation and processes so the user doesn't have to rely heavily on the documentation to get to know the workflow. Also the Labels are formatted in comprehensible way, and my main goal was to provide a tool that is understandable to the user, no matter what kind of trading background he has. The tool is being progressively developed and all suggestions and comments will be implemented. Be free to test it out.

>> MT5 users! Chart events are handled differently than in MT4, (some would say for the worse) - and this is a known fact among MQL coders. Therefore I attempted my best in keeping the performance as high as possible, but you may experience some slowdowns at times. This will get solved, but needs recoding a few parts from ground up. Just keep this in mind, and know, that I'm on it! Other than that, the functionality is as good as expected.


Maximize your trading potential with the UR_TradeManager MT5, the ultimate trading enhancement tool designed specifically for the MetaTrader 5 platform. Crafted with precision and functionality in mind, this comprehensive tool is essential for traders aiming to elevate their market analysis, execution, and management skills.

There is a special telegram chat on which you can stay up-to-date with the tools updates and also send request if you feel there is something missing!

Key Features:

  • Visual Trading Dashboard: Seamlessly manage your trades directly from a sophisticated dashboard that integrates into your MetaTrader 5 workspace. Execute, modify, and close trades with unprecedented ease and accuracy.

  • Real-Time News Integration: Stay ahead with real-time updates. Our tool pulls essential financial news directly into your trading environment, allowing you to make informed decisions based on the latest market data.

  • Advanced Alert System: Configure custom alerts for price levels, market events, or indicator outcomes to ensure you never miss a trading opportunity or potential risk, keeping you informed 24/7.

  • Performance Analytics: Dive deep into performance analysis with built-in reporting tools that provide insights into both the market’s movements and your trading history. Optimize your strategies with data-driven intelligence.

  • Flexible Trade Modification: Adapt to market changes swiftly with tools that allow quick adjustments to stop-loss, take-profit, and other order parameters. Our intuitive interface simplifies these modifications, saving you time and reducing errors.

  • Future Price Projections: Utilize the tool's capability to project future price movements based on current trend lines. This feature enables strategic planning and helps in setting up potential future trades.

Enhance Your Trading Strategy:

Whether you're a novice trader or a seasoned professional, UR_TradeManager MT5 offers features that cater to every level of experience. Enjoy enhanced control over your trading with a tool that simplifies complex functions and amplifies your trading capabilities.

Get the Edge You Need:

Invest in UR_TradeManager  MT5  and transform the way you trade. With powerful automation, real-time data integration, and robust management features, you’re not just trading; you’re outperforming.

Compatible with MetaTrader 5


## HOW TO USE:

For best visual reference it is recommended to check the Video Tutorial, but in brief, here are the parameters explained.

The Tool is constructed in a way, that each of the Main Panel's buttons opens separate panels:
  1. Trading Panel
  2. Order Modify Panel
  3. OCO Panel
  4. Symbol Table
  5. News Panel
  6. Alert Monitor
  7. StrengthMeter
  8. Report Panel
  9. Screenshot Button
  10. Additional tools like for DM'ig me directly on telegram or checking the Youtube website

1. Trading Panel:

  • Chart Horiz Lines -> Fully interactive levels, draggable, snappable with the current bid/ask price, or automatically turning into Pending orders if dragged away from it
  • Buy/Sell -> Open order based on the Chart Horiz Lines
  • Order Type -> Another way of setting the order type (either Market or Pending)
  • Lots -> Lot calculations type (Fixed, Currency, Balance, Equity, Margin)
  • Stop Loss / Take Profit -> Amount of SL and TP to setup
  • Stop Loss / Take Profit Full / Part -> Set the % of lots when (partially) closing the order
  • RR -> Automatically set the Take profit to the set Reward/Ratio setup
  • Comment -> Your commend for the order
  • Expiration -> Set an expiration date (only format yyyy.mm.dd hh:mm works)
  • MagicNr -> Your Magic Number
  • Slippage -> Slippage limit
  • Status -> Status of your trading - if allowed or not (based on the OrderModify Panel's restrictions)

2. Order Modify Panel:

  • Expand details -> Show more info about your orders
  • Current Symbol -> Show only current symbol orders
  • Open -> Show Opened orders
  • Pending -> Show Pending orders
  • Visualize -> Shows selected order's SL and TP levels
  • Filter -> Filter your orders
  • Enable Break-even  -> Enables a break even on your selected order on the list
  • Break-even Start -> Set your break even trigger level (possible options are: Points, %TP, %SL, Price, *ATR)
  • Enable Trailing-stop -> Enables trailing stop on your selected order on the list
  • Trailing-stop Start -> Sets the trailing stop trigger level (possible options are: Poiints, %TP, %SL, Price, *ATR)
  • Trailing-stop Gap -> Sets the gap between the price and the moving Stop loss  (possible options are: Points, %TP, %SL, Price, *ATR)
  • Action -> Selects the type of action you can perform on your orders:
    - SL to Break-Even -> Moves Stop loss to break even
    - Partial Close -> Closes partially orders based on the user input %
    - Close Order -> Closes fully orders
    - Change Rules -> You can set changes to your already opened orders

    The Action system is created in a way where we first set the type of action we want to perform, then we set the kind of orders we want to affect with it (Selected Order from the list, all orders of Current Symbol, all orders of Other Symbols than the one currently opened, Filtered Symbols from the list, or just All Orders). Then in some situations we are provided with additional conditions like Profitable (will affect only profitable orders), Profit > / Profit < (Profit higher than, or lower than the given user input), Losses (will affect only losing orders), Loss > / Loss < (Loss higher than, or lower than the given user input), or just All.
    Additionally the Change Rules Action allows to pick an Order's rule (any Stop Loss/Take Profit, it's % closure value or the order's Expiration).

  • Execute -> Executes the Action on the orders.
  • Max % Daily Loss -> easy access to one of the restriction parameters for Max Daily Balance loss, after which it will disable the trading button
  • Max % Daily Profit -> easy access to one of the restriction parameters for Max Daily Balance profit, after which it will disable the trading button
  • Max Open Trades -> easy access to one of the restriction parameters for Max amount of opened trades , after which it will disable the trading button
  • Max % Margin -> easy access to one of the restriction parameters for Max Margin taken , after which it will disable the trading button
  • Trade Restctions -> Enable the restrictions to monitor your trading
  • Trade Restrictions (button) -> Opens additional restrictions parameters
  • Max Trades Per Month/Week/Day/Hour -> Set the max amount of trades perfromed within a given timeframe
  • Trade Type To Count -> Set the restrictions to be based on either all your trades, or just the losing ones
  • Save -> Save your restrictions setup into a file, to be loaded later
  • Load -> Load your already saved restrictions setup
  • Additional explanation of types of settings:
    - Points - sets a level based on points
    - %SL or %TP - sets a level based on the % of the gap between the entry and the SL or TP
    - Price - sets a level exactly on a given price
    - *ATR - sets a level based on current ATR value multipled by the multiplier of the user input

3. OCO Panel:

  • Chart Rectangles -> fully dynamic, snappable chart graphical objects to be attached only to your current symbol's pending orders
  • + OCO -> Sets a relation between two pending orders, where 1 is deleted if the other is triggered.

4. Symbol Table:

  • Type of Symbols Buttons -> Dynamically creates buttons adjusted to your broker's symbol categories
  • Check button -> Shows your favorite symbols only
  • Symbol buttons -> Allows to change the chart's symbol dynamically
  • Symbol Check buttons -> Allows to add a given symbol to favorites
  • Timeframe buttons -> Allows to change chart's timeframe dynamically
5. News Panel:

  • Download News -> Allows to update the News data - recommended to do that every week as it downloads only week-long news
  • Symbol buttons -> Filters out news for just the selected Symbols
  • Filter -> filters the displayed news
  • 1-star, 2-stars, 3-stars -> Filters news based on star impact
  • Upcoming only -> Shows only future news
  • Display -> Displays news on the chart
  • Yesterday/Today/Tomorrow/This Week -> Displays news only for a given day or full week

6. Alert Monitor:

This tool can be splitted into several yet again, this time into:

  1. Market News
    - Automatic (Sets automatic notifications for NFP, CPI, PPI, 1-star, 2-stars and 3-stars news) WARNING - you need to download the news first for this to work correctly)
    - Manual (Remove or add manually alerts on selected news, the workflow is to click the Add button, then on the News Panel select the news of focus - the alert will be automatically added)
    - Add news alert -> Add alert
    - Remove news alert -> Removes selected alerts from the list (multi-select)
    - List current symbols only -> Lists alerts only for the current symbol
    - Display alert lines -> Displays the alerts on the chart
  2. Price Level
    - Symbols -> Set the symbol you want to affect
    - Conditions -> Set the condition your are seeking
    - Price Level -> Set the price level you want to apply to the alert
    - Use Chart Object -> You can use Horiz Lines or Trend Lines to set an alert (be sure to select the graphical object)
    - Add Alert -> Adds the alert with all the above selected properly
    - Remove Alert -> Removes selected alerts from the list (multi-select)
    List current symbols only -> Lists alerts only for the current symbol
    - Display alert lines -> Displays the alerts on the chart
  3. Trading
     Symbols -> Set the symbol you want to affect
    - Indicators -> Pick the indicator you want to use for your alert
    - Indicator's parameters -> Set the indicator's parameters and the conditions you are seeking
    - Add alert -> Adds the alert with the conditions
    - Remove alert -> Removes selected alerts from the list (multi-select)
    - List current symbols only -> Lists alerts only for the current symbol
  4. Account
    - Equity -> Alerts if the equity goes higher than the user input
    - Equity -> Alerts if the equity goes lower than the user input
    - Open Profit -> Alerts if the sum of profits goes higher than the user input
    - Open Loss -> Alerts if the sum of losses goes higher than the user input
    - Drawdown -> Alerts if the drawdown goes higher than the user input
    - Margin Level -> Alerts if the margin level goes higher than the user input
    - Margin Usage -> Alerts if the margin used goes higher than the user input
    - Trades Amount -> Alerts if the amount of trades goes higher than the user input
    - Trade Hold -> Alerts if the trades is held longer than the user input
  5. Volatility
    Symbols -> Set the symbol you want to affect
    - Volatility limit value -> the % limit for the alert
    - Add Alert -> Adds the alert
    - Remove Alert -> Removes selected alerts from the list (multi-select)
    - List current symbols only -> Lists alerts only for the current symbol

7. StrengthMeter:

  • Timeframe buttons -> allows to check Symbol's strength for given timeframes
  • Majors -> Shows only Major Symbols
  • Others -> Shows only Other (not Major) Symbols
  • All -> Shows all Symbols

8. Report Panel:

  • Shows all your account information thoroughly
  • Overview -> Shows all current Orders information
  • Statistics -> Shows statistics about your trading
  • Details -> Shows a complete information about your trading history
  • Export To CSV -> Exports the Details into a CSV file
  • Date From / Date Till -> Filters out data by dates showcased in your lists
  • Magic Nr -> Filters out data by magic numbers showcased in your lists

9. Screenshot Button:

  • Saves the current symbol's chart view (hiding the panels during the process)

10. Info Button:

  • Displays the information about the author

11. Cog Button:

  • DM me -> Displays a popup where you can input a message that will be sent directly to my 24h telegram
  • Help -> Displays the Youtube Video Tutorial data for the tool

* If you notice any weird behaviours, issues, or anything that looks like a bug or malfunction - please be sure to contact me either through the comments, private messages, telegram or wherever is suitable to you.

WWW -> https://urtradingcoder.carrd.co

Twitter -> https://twitter.com/URTradingCoder

Facebook -> https://www.facebook.com/profile.php?id=61559349091899

YouTube -> https://www.youtube.com/channel/UCihthoKQYrhj91jkUO8B1kg

MQL Store -> https://www.mql5.com/en/users/youreacoder/seller

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Vyacheslav Izvarin
Dedicated for FTMO and other Prop Firms Challenges 2020-2023 Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Best results on GOLD and US100  Use any Time Frame Close all deals and Auto-trading  before  US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special  Protector  https://www.mql5.com/en/market/product/94362 ------------------
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Version 1.81 2024.05.14
Updated Alert Monitor: Improved performance, Fixed trendline price level alerts and Volatility alerts.
Version 1.67 2024.05.09
Recalibrated profit showing in the OrderModify Panel
Version 1.65 2024.05.09
Fixed minor list refreshing bug in the OrderModify Panel
Version 1.6 2024.05.09
Fixed OCO Monitoring.