MSM Trade Manager is a manual trading panel for MetaTrader 5. You decide where to enter, and the panel sizes the lot from your risk, places the stop loss and the take profit, draws the trade on the chart and manages it until it is closed. Version 2.0 is now on the Market, and for the 11.11 week the price is 33 USD instead of 59. The offer ends on 17 November.
What is new in 2.0
Every open trade now gets its own block on the chart. A green area runs from the entry to the take profit and a red area from the entry to the stop loss, with the partial close lines at 1R and 2R inside the block and the amount each of them would close written on the line. When several trades are open, the blocks are placed side by side, the newest on the right, so nothing is drawn on top of anything else.
The stop loss and take profit tags can be dragged up and down to move the level, and this also works when trade levels are switched off in the terminal.
Clicking the entry tag opens a menu for that one trade only: close a quarter, a half or all of it, move the stop to break even, set or remove the stop loss and the take profit.
The 1R and 2R lines can be dragged where you want them, and clicking a line changes what it does when the price arrives there.
The panel itself was rebuilt: a larger title, the Main, Order and Guard pages on their own row with the Info button beside them, bigger buttons and text in the close area, and an info box on the right that is easier to read.
What has not changed
The lot is still calculated from the money you choose to risk, so the amount at risk stays the same whether your stop is 20 points or 200 points away. The break even and trailing levels are watched by the panel, so the real stop loss at the broker is never moved and it still protects the trade if the terminal is closed or the connection is lost. There is no grid, no martingale and no hidden trading.
https://www.mql5.com/en/market/product/200515
Trading involves risk. This tool follows your own decisions and settings; it does not promise profit. Please test on a demo account first.
