TravaRisco Trade Manager for MT5: one-click trades with exact risk, breakeven and partial close
After the daily loss lock, the most common request from traders was simple: "Let me open a trade with the exact risk I want, and stop babysitting it."
So I built TravaRisco Trade Manager for MetaTrader 5.
What it does
- Lot from risk: type your risk % and stop loss in points, the panel calculates the lot.
- One-click BUY / SELL with stop loss and take profit (risk:reward) already placed.
- Automatic breakeven at 1R, with a small offset to cover costs.
- Partial close: takes 50% off at 1R.
- Trailing stop after 1.5R.
- Buttons for Breakeven, Close 50% and Close all, plus open trades and floating P/L on the panel.
All levels (in R and points) are adjustable, and it can also manage your manual trades on the same symbol.
A tip about stop loss in points
300 points is 30 pips on EURUSD but only 3 USD on gold. If you trade gold, a stop of 1000-2000 points is more realistic, and the lot drops in proportion. The panel always shows the risk amount before you click.
Try it in the Strategy Tester
The tester demo opens sample trades so you can watch breakeven, partial close and trailing working. Those trades are random and say nothing about profitability: the tool executes and manages, you decide the entries.
Links
- TravaRisco Trade Manager (MT5): https://www.mql5.com/en/market/product/201410
- TravaRisco Daily Loss Lock (MT5): https://www.mql5.com/en/market/product/201252
- Free Lot Calculator (MT5): https://www.mql5.com/en/market/product/201187
Feedback and feature requests are welcome in the comments.


