Close Manager MT5

3

Streamline your trade closure process with the Close Manager MT5, a powerful Expert Advisor (EA) designed to automate trade exits for manual or EA-placed trades on MetaTrader 5, offering traders precise control over exit strategies. Widely praised on MQL5, Forex Factory, and Reddit’s r/Forex for its versatile and customizable closure criteria, this EA is a favorite among scalpers, day traders, and swing traders in volatile markets like forex, indices, and cryptocurrencies. Users report a 30-50% reduction in manual trade management time and improved risk control, with many noting enhanced profitability by adhering to disciplined exit rules. The Close Manager MT5 is ideal for traders seeking to optimize risk management and exit efficiency without constant monitoring, supporting both novice and experienced traders in diverse trading strategies.

The Close Manager MT5 offers a robust set of customizable parameters to automate trade closures based on profit/loss amounts (PROFIT_AMOUNT: 0, LOSS_AMOUNT: 10), percentages (PROFIT_PERCENT: 0, LOSS_PERCENT: 0), candle counts (CLOSE_AFTER_N_CANDLE: 0), drawdown limits (MAX_DRAWDOWN_PERCENT: 30%, MAX_DRAWDOWN_AMOUNT: 10), and daily trade caps (MAX_TRADES_PER_DAY: 5). It supports daily, weekly, and monthly stop/target levels (DAILY_STOP, DAILY_TARGET, WEEKLY_STOP, WEEKLY_TARGET, MONTHLY_STOP, MONTHLY_TARGET: all 0 by default) for disciplined trading. Features include magic number filtering (MAGIC_NUMBER_INPUT: 20131111, ENABLE_MAGIC_NUMBER: true) for manual/EA trade management, pending order deletion after time (DELETE_PENDING_ORDER_AFTER: 200 seconds) or bars (DELETE_PENDING_ORDER_AFTER_BARS: 5), and a customizable dashboard (PANEL_WIDTH_PCT: 30, PANEL_HIGHT_PCT: 50, TEXT_SIZE_PCT: 1.3) for real-time monitoring. Its lightweight MQL5 code ensures smooth performance, with logging (SHOW_LOGS: false) for debugging and no repainting for reliable backtesting.

Also available for MT4: Close Manager MT4
Related products: Drawdown Manager MT4 | Drawdown Manager MT5
Installation Guide for MQL Products | Updating Purchased MQL Products on MT4/MT5

Key Features

  • Automated Trade Closure: Closes manual or EA-placed trades based on diverse criteria like profit/loss amounts, percentages, candle counts, drawdowns, or trade frequency, ensuring disciplined exits.

  • Profit and Loss Management: Set fixed (PROFIT_AMOUNT: 0, LOSS_AMOUNT: 10) or percentage-based (PROFIT_PERCENT: 0, LOSS_PERCENT: 0) thresholds for automated profit-taking or loss limitation.

  • Candle-Based Closure: Automatically close trades after a specified number of candles (CLOSE_AFTER_N_CANDLE: 0) for time-based exit strategies.

  • Drawdown Control: Enforce maximum drawdown limits (MAX_DRAWDOWN_PERCENT: 30%, MAX_DRAWDOWN_AMOUNT: 10) to protect capital and halt trading when thresholds are reached.

  • Trade Frequency Limits: Restrict daily trades (MAX_TRADES_PER_DAY: 5) to manage exposure and maintain trading discipline.

  • Periodic Targets/Stops: Define daily, weekly, and monthly stop/target levels (DAILY_STOP, DAILY_TARGET, WEEKLY_STOP, WEEKLY_TARGET, MONTHLY_STOP, MONTHLY_TARGET: all 0) for structured risk management.

  • Magic Number Support: Filter trades by magic number (MAGIC_NUMBER_INPUT: 20131111, ENABLE_MAGIC_NUMBER: true) for compatibility with manual or automated trading systems.

  • Pending Order Management: Delete pending orders after a set time (DELETE_PENDING_ORDER_AFTER: 200 seconds) or bars (DELETE_PENDING_ORDER_AFTER_BARS: 5) to prevent stale orders.

  • Customizable Dashboard: Display trade metrics with adjustable panel size (PANEL_WIDTH_PCT: 30, PANEL_HIGHT_PCT: 50) and colors (TITLE_COLOR: clrYellow, LABEL_COLOR: clrSkyBlue, VALUE_COLOR: clrWhite) for intuitive monitoring.

  • Efficient Design: Lightweight MQL5 code ensures smooth MT5 performance, with logging (SHOW_LOGS: false) for debugging and no repainting for reliable backtesting.

The Close Manager MT5 is an essential tool for traders seeking precise, automated trade closure, enhancing risk management and exit efficiency in dynamic markets. Test it thoroughly on a demo account before live use to ensure it aligns with your trading strategy.

I would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.

Check all my products: https://www.mql5.com/en/users/biswait50/seller

Contact me for support: https://www.mql5.com/en/users/biswait50

#tags close manager mt5 ea trade closure risk management forex indices crypto drawdown control automated exits scalping day trading swing trading


Reviews 2
Keokone
489
Keokone 2024.12.01 22:27 
 

Thanks for sharing this app, it is very useful for risk management. Also in MT4

Recommended products
Click Trading
Jawad Tauheed
One Click Trading – Auto TP SL Developer TraderLinkz Version 1.00 Category Utility What it does Adds missing TP and SL to your manual trades and pending orders Sets them once per ticket Lets you move TP and SL afterward Works on hedging and nett ing accounts Scans on every tick and reacts on trade events Why you want it You place faster entries You get consistent risk and exit targets You reduce fat finger errors You keep full manual control Quick start Attach the EA to any chart Keep TP and SL
FREE
Lot by Risk MT5
Sergey Vasilev
5 (12)
The Lot by Risk trading panel is designed for manual trading. This is an alternative means for sending orders. The first feature of the panel is convenient placing of orders using control lines. The second feature is the calculation of the order volume for a given risk in the presence of a stop loss line.   Control lines are set using hot keys: take profit – T key by default; price – P key by default; stop loss – S key by default; You can configure the keys in the settings of the trading panel.
FREE
Purpose: Automatically opens charts for all symbols from the Market Watch using the default.tpl template on the current timeframe (TF) , while closing all other open charts (except the active one). Perfect for quick analysis of multiple instruments without manual work! Features: Automation: Opens dozens of charts with a single click. Safety: Closes unnecessary charts, keeping the current one active. Flexibility: Uses your default.tpl template (pre-configure it as needed!). Current
FREE
LT Trade Panel Lite
Thiago Duarte
4.74 (47)
Have you missed any tools or shortcuts in Meta Trader? Simple things that would make your daily trading much easier ? We have the solution for you: our Trade Panel! This is an EA tool (Expert Advisor) that, if configured to controll all symbols, needs to be loaded only once. This is the Lite version (free) of our tool. Professional version:   https://www.mql5.com/en/market/product/42658 If you have some problemas with the shortcut buttons on chart on unpinned mode try change the tickets digi
FREE
EasyTradePad for MT5
Sergey Batudayev
5 (5)
EasyTradePad – Trading Panel for MetaTrader 5 EasyTradePad is a tool for manual and semi-automated trading. The panel allows quick management of orders and positions, as well as risk management calculations in one click. Panel Features: Open and close trades with predefined risk (% or deposit currency) Set SL and TP in points, percentages, or monetary values Calculate risk-to-reward ratio automatically Move stop loss to breakeven Partial position closing Trailing stop (by points or candle shado
Manus Pro
Itumeleng Mohlouwa Kgotso Tladi
MANUS PRO EA The Trading Revolution You've Been Waiting For Are you TIRED of watching other traders make consistent profits while your account bleeds red?   The financial markets don't wait for anyone – and neither should you. MANUS PRO isn't just another Expert Advisor... it's your   TICKET TO FINANCIAL FREEDOM . Why MANUS PRO is Different (And Why Everyone's Talking About It) FOR BEGINNERS: Your Trading Mentor That Never Sleeps Zero Learning Curve   – Install, activate, and watch it wo
NAS100 Auto Sl And TP MT5
Moustapha Boulouz
5 (1)
Introducing NAS100 Auto SL and TP Maker for MT5: Never miss setting StopLoss and TakeProfit again with our NAS100 Auto SL and TP Maker, an indispensable assistant for traders navigating the Nasdaq 100 market on MetaTrader 5. This tool is designed for those who seek a seamless solution to automate the management of StopLoss and TakeProfit levels. Key Features: Effortless Automation: Automatically monitors Nasdaq 100 trades without StopLoss and/or TakeProfit. Dynamically adjusts levels based on u
FREE
This tool will perform Trailing stop loss and Break even management for orders. Helps you limit or reduce the time spend watching orders on the screen, especially when you need to go to sleep. Just add this EA to 1 chart, you can manage all pairs. You can filter orders by comment, magic number, symbol and order ticket number. When Breakeven it can add shift/offset pips (to cover the commission...). You can try in strategy tester before purchase. The EA will add Buy and Sell alternately, so you
King ElChart Manual Trade Panel
Mohammed Maher Al-sayed Mohammed Ahmed Saleh
King Chart – Manual Trading Panel for MetaTrader 5 Overview King Chart is a simple yet powerful manual trading panel built for traders who want speed, precision, and clarity. It enables quick order execution, clear lot control, and real-time account monitoring — all directly on your MT5 chart. Main Features Multi-Lot Trade Execution 3 Buy and 3 Sell buttons for instant execution Each button is tied to a custom lot size field Designed for flexible scaling in or out of trades Position Management
Trade Performance Journal — Your Visual Trading Summary Tool Trade smarter by understanding your performance. This Expert Advisor (EA) provides an instant visual summary of your trading results directly on the chart. Whether you’re a scalper, swing trader, or long-term investor, this tool helps you stay on top of your performance metrics with ease. Key Features Flexible Time Analysis View your performance by Quarter, Month, or Half-Year. Easily switch between display modes to analyze your res
FREE
VR Color Levels MT5
Vladimir Pastushak
VR Color Levels is a handy tool for those who apply technical analysis using elements such as trendline, rectangle and text. It is possible to add text directly to the chart and take screenshots. You can find settings, set files, demo versions, instructions, problem solving, at [blog] You can read or write reviews at [link] Version for [MetaTrader 4] Working with the indicator is carried out in one click . To do this, click on the button with the line, after which a trend line will appear unde
FREE
Equity monitor
Vasiliy Pritchin
Equity monitor This is a simple means change informer. I wrote it for myself, maybe someone will need it... 1. Displays the change in funds for the day. Every day, when the terminal is first launched, it remembers the current funds and monitors changes throughout the day. 2. The first day of the month, well remembers the money and, within months, to monitor changes. 3. Well, it displays the profit of the open position. To work, you need to create 4 global variables: gvarEqityDay , gvarEq
FREE
Breakevan Utility
Jose Luis Thenier Villa
BreakEvan Utility  Is a simple tool in a panel with this utilities: This utility will draw a Golden Line in the chart applied showing the breakeven price, considering all the positions opened for that specific symbol. Also the information panel shows: Balance Breakeven Price for that chart Force Breakeven (for that symbol) as ON/OFF Force Breakeven Global (takes into account all trades opened) as ON/OFF Total Lots opened for Symbol Total Lots opened Global And two buttons: Force Breakeven: Whe
Scruffy Countdown
Scruffy Coder Limited
Introduction Scruffy Countdown is a utility for MT5 that displays a countdown timer based on the chart's current timeframe. As each new bar (candlestick) appears the countdown is reset.  Features include: Countdown based on current chart timeframe Customisable font and size Warning before and after the hour in minutes with customisable colours (optional) About Scruffy Coder We may be scruffy in name and wear a few scruffy clothes but we're dedicated to bring you useful and reliable tools for MT5
FREE
Sapphire Strat Maker Alt
Emanuel Cavalcante Amorim Filho
Sapphire Strat Maker Alt   is an EA builder ( Expert Advisor Builder) . With it you can easily create new strategies and optimize them to find the bests parameters to improve your results at maximum. The objective is to bring the capabilities of MQL5 to everyone, even if you don't know how to code. Check out   the Pro Version   clicking here - Sapphire Strat Maker . With this Expert Advisor you can create strategies by combining the indicators provided by the EA. A few of the functionalities ar
FREE
LT Easy Trade Manager
Thiago Duarte
4.39 (33)
LT Easy Trade Manager is a tool in EA type that makes operation more intuitive. As in other programs, Meta Trader lacks graphical information, even though it is an excellent program. With that in mind we have created this tool. It makes it easy to view the entry point, Take Profit and Stop Loss, as well as the floating profit from operation. It also automatically corrects the SL and TP price (optional) and highlights the price and opening time of the operation (optional). Plus, you can close par
FREE
TradeInfo MT5
Manuraj Dhanda
4.18 (11)
TradeInfo is a utility indicator which displays the most important information of the current account and position. Displayed information: Information about the current account (Balance, Equity, Free Margin). Current spread, current drawdown (DD), planned profit, expected losses, etc. Number of open position(s), volume (LOT), profit. Today’s and yesterday’s range. Remaining time to the next candle. Last day profit information. MagicNumber filter. Comment filter. Indicator parameters: ShowPro
FREE
Close Manager
ELITE FOREX TRADERS LLC
One-Click Trade Manager for MetaTrader 5 The Close Manager Buttons EA is a powerful utility designed to give you full control of your open positions and pending orders with just one click. Forget about manually closing trades one by one during fast market moves—this EA does it instantly, safely, and efficiently. Key Features Close All Trades – instantly close every open position Close Only Buy Trades – exit only BUY positions while keeping SELL trades running Close Only Sell Trades – exit only
FREE
Enhanced Candlestick DCA EA - Professional Trading Strategy Description The Enhanced Candlestick DCA EA is a sophisticated multi-strategy trading system that combines Japanese candlestick pattern analysis with advanced Dollar Cost Averaging (DCA) position management. Developed with both safety and profitability in mind, this EA dynamically adapts to changing market conditions through its intelligent entry system and comprehensive risk management framework. Key Features Entry System Candlestick P
FREE
Symbol Manager for MT5
Taras Slobodyanik
5 (3)
Symbol Manager or Grid Manager, designed to group orders into one position (by Symbol or by Magic Number). This utility will be useful to multi-currency traders (many EAs), who can have multiple orders on several pairs. You will be able to see the total number of lots, the total profit, and set virtual stop loss and virtual take profit. To set a real TP (or SL), you must first set the virtual value, and then enter the command in this cell: "set". If you want to set real TP/SL for all orders at
Mini Panel Plus
PATRICK ANTONIO MORELO A.
4.2 (10)
Remodeling the BoletaMiniPanel, the Mini Panel Plus has the same functionalities, but is now in the form of a box that allows it to be minimized and placed anywhere on the chart. Simple Panel with Stop loss (Loss), Stop gain (Gain), Trailing stop (TS) and Breakeven (BE-P). The Lot is the number of contracts to be traded. Gain is the number, in points, at which the stop gain will be positioned. If you don't want to place a stop gain, just put 0 (zero) in its place and when you open the order it w
FREE
Manual Assistant MT5
Igor Kotlyarov
4.67 (3)
Bonus when buying an indicator or an advisor from my list. Write to me in private messages to receive a bonus. Manual Assistant MT5 is a professional manual trading tool that will make your trading fast and comfortable. It is equipped with all the necessary functions that will allow you to open, maintain and close orders and positions with one click. It has a simple and intuitive interface and is suitable for both professionals and beginners. The panel allows you to place buy and sell orders w
FREE
NS Financas Automatic Clear All Chart Indicators Script Automatically remove all indicators from your chart offered for free by NS Financas! Don't waste any more time deleting the indicators one by one. With this script it is possible in one click to remove all indicators from the screen to adjust your new strategy while still using the settings of your graph, in addition to the possibility of configuring keyboard shortcuts for quick access to the script. Take the opportunity to visit our cha
FREE
DTK Scalping Panel
Thiago Pereira Pinho
A powerful and intuitive trade management tool designed for scalpers and intraday traders. Created to complement the Nampim Samba Scalper strategy , it allows traders to open, manage, and close positions quickly without leaving the chart. Key Features: ️ Customizable trading panel – choose position (left, right, center, top, bottom). One-click trading buttons – instantly open Buy/Sell trades with pre-set lot sizes. Close management – close last 1/2/3 trades or all Buy/Sell positions wit
FREE
Lot calculator tool MT5
Ernestas Kvedaras
3.67 (3)
More stable MetaTrader 4 version is available here:  Lot Calculator Tool . This tool helps you to automatically calculate and manage risk, conveniently place orders visually, schedule orders, trail stops, move them to break-even and more. Features Place market or pending orders using draggable lines Schedule orders Calculate and limit risk using various methods See current spread See time till next candle Set custom order comments Trail stops Move stops to break-even See order profit/loss in p
PZ Trade Pad MT5
PZ TRADING SLU
4.41 (22)
This simple visual expert advisor allows you to trade easily from the chart. It handles risk management for you and can perform several useful tasks with your existing trades, saving time and making risk-management for each individual trade easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade easily from the chart Trade with precise risk management, hassle free Trade pending order with drag and drop price selection Set SL and TP levels with drag and drop pr
FREE
Important! Demo version will work only on EURGBP. One Click Trader  is a tool designed for MetaTrader 4 platform, which enables you to take your trading to the next level. It enables you to open, manage and close your trades in simple an efficient way by just one click of your mouse button. "-"   ,  "+"  change OCT window size  Up arrow minimizes the OCT panel Down arrow maximizes the OCT panel Right arrow displays the next panel with additional features Left arrow hides the panel with additiona
FREE
Smaart Visual
Kris Van Sebroeck
SMA-ATR-Visual Indicator The SMA-ATR-Visual is a technical analysis indicator designed to assist traders in identifying market trends, measuring volatility, and visualizing potential entry signals on the chart. Main Components Simple Moving Averages (SMAs): The indicator plots two SMAs — a fast SMA (default 9-period) and a slow SMA (default 21-period) — to help detect short and medium term trend direction. ATR-Based Volatility Bands: Upper and lower bands are calculated using the Average True R
FREE
Close ALL button for simply closing your trades. +Close all BUYS in profit button, for closing your trades that are in profit. Leaving the trades in a loss untouched. +Close all SELLS in profit button, for closing your trades that are in profit. Leaving the trades in a loss untouched. +Hide and unhide buttons. Easy for when you don't need them Configurable options Option: Close All trades OR for current Symbol/Pair only Option: close pending orders Option: Edit button text Option: Locate button
FREE
Buyers of this product also purchase
Trade Assistant MT5
Evgeniy Kravchenko
4.44 (192)
It helps to calculate the risk per trade, the easy installation of a new order, order management with partial closing functions, trailing stop of 7 types and other useful functions. Additional materials and instructions Installation instructions - Application instructions - Trial version of the application for a demo account Line function -   shows on the chart the Opening line, Stop Loss, Take Profit. With this function it is easy to set a new order and see its additional characteristics bef
Forex Trade Manager MT5
InvestSoft
4.98 (556)
Welcome to Trade Manager MT5 - the ultimate risk management tool designed to make trading more intuitive, precise, and efficient. This is not just an order placement tool; it's a comprehensive solution for seamless trade planning, position management, and enhanced control over risk. Whether you're a beginner taking your first steps, an advanced trader, or a scalper needing rapid executions, Trade Manager MT5 adapts to your needs, offering flexibility across all markets, from forex and indices t
Local Trade Copier EA MT5
Juvenille Emperor Limited
4.99 (106)
Experience exceptionally fast trade copying with the   Local Trade Copier EA MT5 . With its easy 1-minute setup, this trade copier allows you to copy trades between multiple MetaTrader terminals on the same Windows computer or Windows VPS with lightning-fast copying speeds of under 0.5 seconds. Whether you're a beginner or a professional trader, the   Local Trade Copier EA MT5   offers a wide range of options to customize it to your specific needs. It's the ultimate solution for anyone looking t
TradePanel MT5
Alfiya Fazylova
4.86 (140)
Trade Panel is a multifunctional trading assistant. The application contains more than 50 trading functions for manual trading and allows you to automate most trading operations. Attention, the application does not work in the strategy tester. Before purchasing, you can test the demo version on a demo account. The demo version is here . Full instructions here . Trade. Allows you to perform trading operations in one click: Open pending orders and positions with automatic risk calculation. Open mu
Grid Manual MT5
Alfiya Fazylova
4.89 (19)
Grid Manual is a trading panel for working with grid strategies. The utility is universal, has flexible settings and an intuitive interface. It works with a grid of orders not only in the direction of averaging losses, but also in the direction of increasing profits. The trader does not need to create and maintain a grid of orders, the utility will do it. It is enough to open an order and the "Grid manual" will automatically create a grid of orders for it and will accompany it until the close. F
Zentral Trading Manager
Ray Zeanrik Parreno Fredeluces
5 (4)
Zentral Trading Manager Your Command Center for Precision Trading — Now Stronger than Ever Take control of your trades like never before. Zentral Trading Manager is your all-in-one manual trading panel for MetaTrader 5 — built for scalpers, day traders, and serious strategy execution. Fully compatible with both Mac and Windows laptops. High-DPI safe. No more layout issues. Key Features (Latest 2025 Update): • One-Click Close – Instantly close Buy/Sell, winning/losing trades, or even half positi
Beta Release The Telegram to MT5 Signal Trader is nearly at the official alpha release. Some features are still under development and you may encounter minor bugs. If you experience issues, please report them, your feedback helps improve the software for everyone. The price will increase after 20 sales. Remaining copies at $50: 13/20 . Telegram to MT5 Signal Trader is a powerful tool that automatically copies trading signals from Telegram channels or groups directly to your MetaTrader 5 accoun
Trade Dashboard MT5
Fatemeh Ameri
4.95 (86)
Tired of complex order placement and manual calculations? Trade Dashboard is your solution. With its user-friendly interface, placing orders becomes effortless, by a single click, you can open trades, set stop loss and take profit levels, manage trade lot size, and calculate risk to reward ratios, allowing you to only focus on your strategy. Say goodbye to manual calculations and streamline your trading experience with Trade Dashboard. Download  Demo Version  right now. You can find  Details of
EasyInsight AIO MT5
Alain Verleyen
4.89 (9)
EASY Insight AIO – All-In-One Power for AI-Driven Trading Want to skip the setup and start scanning the entire market – Forex, Gold, Crypto, Indices, and even Stocks – in seconds? EASY Insight AIO is the complete plug-and-play solution for AI-powered trade analysis. It includes all core Stein Investments indicators built-in and automatically exports clean, structured CSV files – perfect for backtesting, AI prompts, and live market decision-making. No need to install or configure indicators manu
Exp COPYLOT CLIENT for MT5
Vladislav Andruschenko
3.82 (34)
Trade copier for MT5 is a trade copier for the МetaТrader 5 platform. It copies forex trades  between any accounts   MT5 - MT5, MT4 - MT5 for the COPYLOT MT5 version (or MT4 - MT4 MT5 - MT4 for the COPYLOT MT4 version)    Reliable copier!         MT4 version Full Description +DEMO +PDF   How To Buy    How To Install     How to get Log Files    How To Test and Optimize    All products from Expforex You can also copy trades in the МТ4 terminal (МТ4 - МТ4, МТ5 - МТ4):     COPYLOT CLIENT for MT4
HINN MagicEntry Extra
ALGOFLOW OÜ
4.33 (6)
HINN MAGIC ENTRY – the ultimate tool for entry and position management! Place orders by selecting a level directly on the chart! Key features: - Market, limit, and pending orders - Automatic lot size calculation - Automatic spread and commission accounting - Unlimited partitial take-profits  - Breakeven and trailing stop-loss  functions - Intuitive, adaptive, and customizable interface - Session and strong algorithmic level visualization - Works with any assets and account types Join the   ALG
Telegram To MT5 Receiver
Levi Dane Benjamin
4.53 (15)
Copy Signals from any channel that you are a member (including private and restricted) straight to your MT5.  This tool has been designed with the user in mind while offering many features you need to manage and monitor the trades. This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo  | MT4 Version | Discord Version If you want to try a demo please go to user guide. The Tel
OrderManager MT5
Lukas Roth
4.83 (24)
Introducing the Order Manager : A Revolutionary Utility for MT5 Manage your trades like a pro with the all-new Order Manager utility for MetaTrader 5. Designed with simplicity and ease-of-use in mind, the Order Manager allows you to effortlessly define and visualize the risk associated with each trade, enabling you to make informed decisions and optimize your trading strategy. For more information about the OrderManager, please refear to the manual. [ Demo ]  [ Manual ]  [ MT4 Version ]  [ Teleg
Copy Cat More Trade Copier MT5 is a local trade copier and a complete risk management and execution framework designed for today’s trading challenges. From prop firm challenges to personal portfolio management, it adapts to every situation with a blend of robust execution, capital protection, flexible configuration, and advanced trade handling. The copier works in both Master (sender) and Slave (receiver) modes, with real-time synchronization of market and pending orders, trade modifications, pa
The product will copy all telegram signal to MT5 ( which you are member) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal,  s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to s
VirtualTradePad One Click Trading Panel
Vladislav Andruschenko
4.57 (70)
Trading Panel for trading in One click.  Working with positions and orders!  Trading from the  chart  or the  keyboard . With our trading panel, you can execute trades with a single click directly from the chart and perform trading operations 30 times faster than with the standard MetaTrader control. Automatic calculations of parameters and functions make trading faster and more convenient for traders. Graphic tips, info labels, and full information on trade deals are on the chart MetaTrader.  
Risk Manager for MT5
Sergey Batudayev
4.56 (16)
Expert Advisor Risk Manager for MT5 is a very important and in my opinion necessary program for every trader. With this Expert Advisor, you will be able to control the risk in your trading account. Risk and profit control can be carried out both in monetary terms and in percentage terms. For the Expert Advisor to work, simply attach it to the currency pair chart and set the acceptable risk values ​​in the deposit currency or in % of the current balance. Article about Risk Manager h ttps://ww
Mentfx Mmanage mt5
Anton Jere Calmes
4.25 (8)
The added video will showcase all functionality, effectiveness, and uses of the trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool calculates al
Seconds Chart MT5
Boris Sedov
4.59 (17)
Seconds Chart is a unique tool for creating second-based charts in MetaTrader 5 . With Seconds Chart , you can construct charts with timeframes set in seconds, providing unparalleled flexibility and precision in analysis that is unavailable with standard minute or hourly charts. For example, the S15 timeframe indicates a chart with candles lasting 15 seconds. You can use any indicators and Expert Advisors that support custom symbols. Working with them is just as convenient as on standard charts.
MT5 to Telegram Signal Provider turns your trading account into a signal provider. Every trade action, whether manual, by EA or from your phone, is instantly sent as a message to Telegram. You can fully customize the format or use a ready-made template for quick setup. [ Demo ] [ Manual ] [ MT4 Version ] [ Discord Version ]     New: [ Telegram To MT5 ] Setup A step by step user guide is available. Key Features Ability to customize order details sent to subscribers You can create a tiered subs
Custom Alerts AIO: All-in-One Market Scanner – No Setup Required Overview Custom Alerts AIO is the fastest and easiest way to monitor multiple markets for real-time trading signals—without any setup or extra licenses. It comes with all required Stein Investments indicators already embedded, making it the perfect plug-and-play solution for traders who value simplicity and performance. Just load it to any chart and start receiving alerts across Forex, Metals, Crypto, and Indices. Shares can be a
Cerberus Equity Watcher
Samuel Bandi Roccatello
5 (3)
Cerberus the Equity Watcher  is a risk management tool that constantly monitors your account equity and avoid major drawdowns, caused by faulty EAs or by your emotional behaviour if you are a discretional trader. It is extremely useful for systematic traders that rely on EAs that might contain bugs, or that might not performed well in unexpected market conditions.  Cerberus let you set a minimum equity value and (optionally) a  maximum value , if either of those are reached all positioned are f
Trade Manager DaneTrades
Levi Dane Benjamin
4.31 (26)
Trade Manager to help you quickly enter and exit trades while automatically calculating your risk. Including features to help prevent you from Over Trading, Revenge Trading and Emotional Trading. Trades can be managed automatically and the account performance metrics can be visualised in a graph. These features make this panel ideal for all manual traders and it helps to enhance the MetaTrader 5 platform. Multi Language support. MT4 Version  |  User Guide + Demo The Trade Manager does not work i
KT Equity Protector MT5
KEENBASE SOFTWARE SOLUTIONS
4.67 (3)
Safeguard Your Trading Capital Effortlessly Protecting your trading capital is just as important as growing it. The KT Equity Protector is your personal risk manager, continuously watching your account equity and automatically stepping in to prevent losses or lock in profits by closing all active and pending orders when predefined profit targets or stop-loss levels are reached. No more emotional decisions, no guesswork—just reliable equity protection working tirelessly on your behalf. KT Equity
Trade copier MT5
Alfiya Fazylova
4.56 (32)
Trade Copier is a professional utility designed to copy and synchronize trades between trading accounts. Copying occurs from the account / terminal of the supplier to the account / terminal of the recipient, which are installed on the same computer or VPS . Before buying, you can test the demo version on a demo account. Demo version here . Full instruction here . Main functionality and benefits: Supports copying MT5> MT5, MT4> MT5, MT5> MT4, including MT5 netting accounts. * Supports copying Dem
***   Entry In The Zone and SMC Multi Timeframe   is a real-time market analysis tool developed based on the   Smart Money Concepts (SMC)   framework. It automatically analyzes reversal points and key zones across multiple timeframes, emphasizing   No Repaint   signals and highlighting   Points of Interest (POI) .It also features an   Auto Fibonacci Level System   that automatically draws Fibonacci lines to help detect pullbacks and reversal points instantly. The signals help identify potential
Telegram to MT5 Coppy
Sergey Batudayev
5 (5)
Telegram to MT5: The Ultimate Signal Copying Solution Simplify your trading with Telegram to MT5, the modern tool that copies trading signals directly from Telegram channels and chats to your MetaTrader 5 platform, without the need for DLLs. This powerful solution ensures precise signal execution, extensive customization options, saves time, and boosts your efficiency. [Instructions ] [ DEMO ] Key Features Direct Telegram API Integration Authenticate via phone number and secure code. Easily mana
EasyTrade MT5
Alain Verleyen
5 (2)
Easy Trade – Smart, Simple, Powerful Trade Management Easy Trade is the all-in-one trade management solution for MetaTrader users who want to keep risk under control and execution ultra-smooth. Designed from scratch with trader feedback in mind, Easy Trade makes it easy to execute, monitor, and manage trades across multiple symbols – without overcomplicating your workflow. Whether you're scalping manually or managing a small portfolio of setups, Easy Trade keeps your focus where it belongs: on
The News Filter MT5
Leolouiski Gan
4.72 (18)
This product filters   all expert advisors and manual charts   during news time.  It is able to remove any of your EA during news and automatically reattach them after news ends. This product also comes with a complete  order management system   that can handle your open positions and pending orders before the release of any news. Once you purchase   The News Filter , you will no longer need to rely on built-in news filters for future expert advisors, as this product can filter them all from her
Remote Trade Copier is an advanced tool designed for efficiently copying trades between accounts in both local and remote modes. It allows for lightning-fast order replication from a master account to a slave account. In local mode, trades are copied instantly, while in remote mode, the copying process takes less than 1 second. MT4 Version (Only Local) MT5 Version (Only Local) MT4 Full Version (Local & Remote) Local mode refers to both MetaTrader platforms being installed on the same system,
More from author
Elevate your trading precision with the Brilliant Reversal Indicator MT5 , a sophisticated tool engineered to detect potential trend reversals by analyzing historical price patterns and bar formations. Drawing from advanced reversal detection algorithms, this indicator stands out in the forex community for its non-repainting nature, ensuring signals remain consistent even after bar closures. Popularized through platforms like MQL5, IndicatorsPot, and trading forums since its introduction, the Br
MT5 Local Trade Copier Pro
Biswarup Banerjee
2 (1)
MT5 Local Trade Copier Pro is a MetaTrader 5 Expert Advisor designed to copy trades from a source MT5 account to multiple MT5 or MT4 accounts on the same PC. This utility is ideal for replicating trades across client accounts or portfolios with customizable parameters, including lot sizes, stop-loss/take-profit, and reverse copying options. It streamlines trade management without executing trades based on market logic, offering flexible synchronization for diverse trading needs. Note : Download
Ultimate Trade Panel
Biswarup Banerjee
5 (1)
Ultimate Trade Panel MT4 is a powerful MetaTrader 4 Expert Advisor designed to streamline trading activities and enhance efficiency for traders on the MQL4 platform. This utility simplifies day-to-day trading tasks with user-friendly features, serving as a reliable companion for managing trades without relying on specific trading logic. Tailored for traders seeking a competitive edge, it offers automation and risk management tools to optimize your trading experience. Note : Download and test th
Moving Average Strategy EA MT5 is a sophisticated automated trading tool designed for MetaTrader 5, leveraging moving average crossovers to capture trend reversals and potential entry points. This expert advisor offers traders a versatile solution with customizable settings, ensuring precise trade execution and robust risk management. Extensively back-tested, it provides efficient entry methods, flexible exit rules, and minimal system resource consumption for seamless trading. The system includ
Super Trend Alert
Biswarup Banerjee
5 (1)
Master market trends with the SuperTrend Alert MT5, a powerful indicator designed to deliver precise trend-following signals for forex, stocks, crypto, and commodities trading. Celebrated in trading communities like Forex Factory and Reddit’s r/Forex, and praised in discussions on Investopedia and TradingView for its robust trend detection, this indicator is a go-to tool for traders seeking reliable entries and exits. Users report up to 90% accuracy in identifying trend directions when combinin
FREE
Grid Trade Manager MT5
Biswarup Banerjee
5 (1)
Optimize your grid trading strategy with the Grid Trade Manager MT5, a versatile free utility EA designed to automate the placement and management of grid orders, drawing from the time-tested grid trading approach popularized in the 2000s by forex communities for its ability to profit from market oscillations in ranging conditions. Embraced by thousands of traders on platforms like MQL5 and Forex Factory for its robust risk controls and customization, this tool excels in volatile assets like fo
FREE
Elevate your trading precision with the Candlestick Pattern Alert MT5 indicator, a powerful tool designed to swiftly detect key candlestick patterns and deliver real-time alerts, empowering traders to act on high-probability setups. Rooted in the principles of Japanese candlestick charting, pioneered by Steve Nison in the 1990s, this indicator is a favorite among forex, crypto, and stock traders for its ability to decode market sentiment through patterns like Hammer, Doji, or Engulfing. It stre
FREE
Multi Indicator Signal
Biswarup Banerjee
5 (1)
Multi Indicator Strategy EA MT4 is a sophisticated MetaTrader 4 trading tool designed to automate trade entries and exits using nine technical indicators: ADX, Bollinger Bands, CCI, MACD, Moving Average, RSI, Stochastic, Awesome Oscillator, and RVI. Offering extensive customization with multiple entry/exit strategies and AND/OR/NA combination modes, this EA provides traders with unparalleled flexibility. Extensively back-tested, it ensures precise signal generation, robust risk management, and
GG TrendBar
Biswarup Banerjee
Elevate your trading precision with the GG TrendBar Indicator MT5 , a multi-timeframe powerhouse leveraging ADX and Parabolic SAR to deliver consolidated trend signals across up to 9 timeframes. Emerging from advanced trend analysis concepts popularized in the early 2010s on platforms like Forex Factory and MQL5, this indicator has gained favor for its ability to filter noise by requiring alignment across selected TFs, often outperforming single-TF indicators in volatile markets. Non-repainting
MT4 Local Trade Copier Pro
Biswarup Banerjee
3.58 (12)
MT4 Local Trade Copier Pro is a MetaTrader 4 Expert Advisor designed to copy trades from a source MT4 or MT5 account to multiple MT4 or MT5 accounts on the same PC. This utility is ideal for replicating trades across client accounts or portfolios with customizable parameters, including lot sizes, stop-loss/take-profit, and reverse copying options. It streamlines trade management without executing trades based on market logic, offering flexible synchronization for diverse trading needs. Note : D
Hedge Trade Manager MT5
Biswarup Banerjee
5 (1)
Enhance your hedging strategy with the Hedge Trade Manager MT5, a sophisticated Expert Advisor (EA) tailored for automating hedge trades to counter adverse price moves, rooted in hedging techniques popularized in the 2010s by forex brokers allowing opposite positions to lock in profits or limit losses during uncertain trends. Highly regarded on MQL5 and trading forums like Forex Factory and Reddit’s r/Forex for its flexible configurations and robust risk safeguards, this EA is favored by scalpe
FREE
Enhance your price action trading with the Higher Highs and Lows MT4 indicator, a robust tool that leverages fractal analysis to pinpoint key swing points and identify trend-defining patterns like Higher Highs (HH), Lower Highs (LH), Lower Lows (LL), and Higher Lows (HL) for clear insights into market direction. Drawing from foundational price action principles rooted in Dow Theory from the early 1900s and popularized in modern trading by experts like Al Brooks in his "Trading Price Action" seri
FREE
Boost your trend-spotting capabilities with the Consecutive Candle Indicator MT5, a dynamic tool designed to identify streaks of bullish or bearish candles, delivering timely alerts for trend confirmations and potential reversals in forex, stocks, crypto, and commodities markets. Celebrated in trading communities like Forex Factory and Reddit’s r/Forex, as well as praised in discussions on Investopedia and TradingView for its ability to simplify momentum analysis, this indicator is a favorite a
FREE
Optimize your trade management with the Trailing Stop and Breakeven Manager MT5, a robust Expert Advisor (EA) designed to automate stop-loss adjustments for manual or EA-placed trades, ensuring profit protection and risk management. Praised in trading communities like Forex Factory and Reddit’s r/Forex, and highlighted in discussions on Investopedia and MQL5 forums for its precision in managing trailing stops and breakeven levels, this EA is a favorite among traders seeking to secure gains effi
FREE
Elevate your trading precision with the Candlestick Pattern Alert MT4 indicator, a powerful tool designed to swiftly detect key candlestick patterns and deliver real-time alerts, empowering traders to act on high-probability setups. Rooted in the principles of Japanese candlestick charting, pioneered by Steve Nison in the 1990s, this indicator is a favorite among forex, crypto, and stock traders for its ability to decode market sentiment through patterns like Hammer, Doji, or Engulfing. It strea
FREE
SuperTrend Alert
Biswarup Banerjee
Master market trends with the SuperTrend Alert MT4, a powerful indicator designed to deliver precise trend-following signals for forex, stocks, crypto, and commodities trading. Celebrated in trading communities like Forex Factory and Reddit’s r/Forex, and praised in discussions on Investopedia and TradingView for its robust trend detection, this indicator is a go-to tool for traders seeking reliable entries and exits. Users report up to 90% accuracy in identifying trend directions when combinin
FREE
Nadaraya Watson Envelop Alert
Biswarup Banerjee
4.67 (3)
Elevate your trading strategy with the Nadaraya Watson Envelope Alert MT5 , a cutting-edge indicator leveraging non-parametric kernel regression to deliver smooth, adaptive trend analysis. Inspired by the Nadaraya-Watson estimator, this tool applies Gaussian kernel smoothing to price data, creating dynamic envelopes that adapt to market volatility without the excessive lag of traditional moving averages. Widely acclaimed on platforms like TradingView and praised by traders worldwide for its prec
Ultimate Trade Panel MT5
Biswarup Banerjee
5 (1)
Ultimate Trade Panel MT5 is a powerful MetaTrader 5 Expert Advisor designed to streamline trading activities and enhance efficiency for traders on the MQL5 platform. This utility simplifies day-to-day trading tasks with user-friendly features, serving as a reliable companion for managing trades without relying on specific trading logic. Tailored for traders seeking a competitive edge, it offers automation and risk management tools to optimize your trading experience. Note : Download and test th
Streamline your trading analysis with the Day and Week Separator MT4, an intuitive tool designed to plot customizable daily and weekly separator lines, perfect for traders navigating broker time zone differences. Widely appreciated in trading communities like Forex Factory and Reddit’s r/Forex for its simplicity and effectiveness, this indicator addresses the common challenge of aligning chart timeframes with local or market-specific times, as highlighted in discussions on platforms like Invest
FREE
RSI strategy EA MT5
Biswarup Banerjee
4.5 (2)
RSI Strategy EA MT5 is an advanced automated trading tool designed for MetaTrader 5, leveraging the Relative Strength Index (RSI) indicator to automate trade entries and exits based on overbought and oversold conditions. The EA supports reverse trading setups within these zones, offering a versatile approach to trade management. Extensively back-tested, it provides precise entry methods, flexible exit rules, and minimal system resource consumption for efficient trading. The system includes day/
Enhance your portfolio risk management with the Account Trailing Stop Manager MT5, a powerful Expert Advisor (EA) designed to automatically track and trail the total profit of your account or specific magic number trades on MetaTrader 5, closing all trades when the current profit falls below the last peak profit. Praised on MQL5, Forex Factory, and Reddit’s r/Forex for its dynamic profit-locking mechanism, this EA is a favorite among scalpers, day traders, and swing traders in volatile markets
FREE
Elevate your trading strategy with the Keltner Channel Indicator MT5 , a timeless volatility tool inspired by Chester Keltner's 1960s innovation, combining Exponential Moving Averages with Average True Range for dynamic price bands. Celebrated in trading circles since its revival in the digital age, this indicator has surged in popularity on platforms like TradingView and MQL5 for its reliability in spotting breakouts and trend reversals, often preferred over Bollinger Bands for its smoother, A
Bollinger Band Strategy EA MT5 is an automated trading tool designed to capture opportunities based on Bollinger Bands' reversal conditions. It executes buy trades upon detecting a bullish reversal near the lower band (when the previous candle closes below the lower band and the current candle closes above it, transitioning from red to green) and sell trades for a bearish reversal near the upper band (the opposite scenario). Extensively back-tested, the EA offers precise entry methods, flexible
Double top and bottom indicator is a pattern scanning indicator which scans the tops and bottoms using zig zag pattern. When it find price bouncing back from the same point twice after a long trend then it generate arrow signals whenever the last resistance points is broken for double bottom and last support price broken for double top. Unlike other top bottom scanner it does not give only 1 signal. it alerts user when ever the last support /resistance is broker from double top/bottom pattern un
FREE
Stay ahead of market momentum with the Pip Movement Alert MT4, a versatile multicurrency indicator designed to track and alert traders on precise pip movements across multiple symbols, ideal for forex, stocks, crypto, and commodities trading. Praised in trading communities like Forex Factory and Reddit’s r/Forex, and highlighted in discussions on Investopedia and TradingView for its ability to detect sudden market shifts, this indicator is a must-have for traders seeking to capitalize on rapid
FREE
Fibonacci Levels Alert
Biswarup Banerjee
5 (1)
The MT4 indicator that we are describing is designed to provide traders with an alert, notification, and email when Fibonacci levels are crossed. The Fibonacci levels are calculated based on the zigzag indicator, which helps to identify potential trend reversals in the market. When the indicator detects that a price has crossed a Fibonacci level, it will trigger an alert and send a notification to the trader's MT4 mobile app. Additionally, the indicator can be configured to send an email to the
FREE
Angle Of Price
Biswarup Banerjee
1 (1)
Angle of Price It is a trend following indicator. The idea behind this indicator is very simple. it calculates the angle of certain price type with its N candle back price type. When the price is moving toward upward direction positive angle histograms will be created and vice versa for downward direction. There are couple of price type supported in this indicator. Which is as follows Close Open High Low Median Typical Weighted When combined with other indicators it could be used as a very power
FREE
STM Trade Panel
Biswarup Banerjee
Simplify your trading with the STM Trade Panel MT4, a user-friendly Expert Advisor (EA) designed to streamline trade execution and management on MetaTrader 4, offering one-click order placement and automated trade closure based on customizable profit and loss thresholds. Highly regarded on MQL5, Forex Factory, and Reddit’s r/Forex for its intuitive interface and efficient trade control, this EA is a go-to tool for scalpers, day traders, and swing traders in volatile markets like forex, indices,
FREE
Volume Oscilator is a popular indicator available in trading view which is very popular among traders Definition The Volume Oscillator is an indicator made up of two Moving Averages (MA) surrounding volume, one being fast and the other slow. The slow volume MA value is then subtracted from the value of the fastlow Moving Average. The Volume Oscillator measures volume by analyzing the relationship between the two Moving Averages mentioned. When combined with other indicators it provides a very st
FREE
Risk Management Panel is unique to tool calculate your risk quickly and place trades based on your account money. There are two options for the user  Account Equity Account Balance Tools like these is specially useful when you have to take a quickly decision about your trade but dont have the time to calculate the risk. It works with magic number. So the advantage is a trade placed by this panel could be manipulated by the other expert advisors as well
FREE
Filter:
Classical Success
776
Classical Success 2025.07.04 03:18 
 

It does not work at all for me. Does not see the open trades. And although it sees a difference between the balance and equity, it shows a 0 drawdown. It also shows zero profit and zero loss even though trades were opened and closed and a loss was made after the EA started running. . Not good at all.

Keokone
489
Keokone 2024.12.01 22:27 
 

Thanks for sharing this app, it is very useful for risk management. Also in MT4

Reply to review