TradeMngrMT5

TradeManager 1.0 is an Expert Advisor for MetaTrader 4 y 5 that streamlines real-time trade management. Through a graphical control panel, you can send market and pending orders, move stop losses to breakeven, and automatically calculate position size based on your risk settings. Below is a comprehensive overview of its features and input parameters.


Key Features

  1. Market Orders & Pending Orders

    • BUY/SELL Buttons: Instantly open long or short positions at market.

    • BUY STOP / SELL STOP / BUY LIMIT / SELL LIMIT Buttons: Draw interactive horizontal lines on the chart for entry, stop loss, and take profit. Adjust visually, then confirm with “PLACE PENDING ORDER” to submit the pending order.

  2. Risk Management and Auto Lot Sizing

    • RiskType: Choose how the lot size is determined:

      • Lots: Use a fixed lot size ( FixedLots ).

      • Percentage: Calculate lot size as a percentage of account equity or a base amount.

    • AmountForCalculation: Select the base used for risk calculations:

      • CurrentBalance (live account balance)

      • BaseAmount (a fixed value entered in TotalAmountInMoney )

    • RiskPercent: When RiskType=Percentage , specify the percentage of the account to risk per trade (e.g., 1.0 for 1 %).

    • RiskReward: Defines the Risk:Reward ratio. For example, if RiskReward=3.0 and SL is 50 pips, TP will be 150 pips.

    • CalculateAdjustedLotSize: Computes the optimal lot size to risk the specified amount (fixed or percentage), respecting the broker’s minimum/maximum volume rules.

  3. Configurable Stop Loss and Take Profit

    • StopLoss (in points): If > 0, the EA calculates the SL price as EntryPrice ± StopLoss * _Point .

    • When both StopLoss > 0 and RiskReward > 0 , the TP is computed as EntryPrice ± (StopLoss × RiskReward) × _Point .

    • The EA automatically enforces minimum distance requirements ( SYMBOL_TRADE_STOPS_LEVEL and SYMBOL_TRADE_FREEZE_LEVEL ) before sending any order to satisfy broker constraints.

  4. “BREAKEVEN” Button

    • Clicking “BREAKEVEN” loops through all open positions for the current symbol with the specified MagicNumber , then moves each SL to OpenPrice ± 1 pip (depending on BUY or SELL), provided the trade is in profit and meets the broker’s minimum distance.

  5. Quick-Close Buttons

    • CLOSE THIS: Closes all open positions for the current chart’s symbol (filtered by MagicNumber ).

    • CLOSE ALL: Closes all open positions on all symbols (filtered by MagicNumber or closes everything if MagicNumber=0 ).

    • CloseDeletePendingOrders: When set to true , both “CLOSE THIS” and “CLOSE ALL” also delete any pending orders that share the same MagicNumber .

  6. Adjustable Magic Number

    • MagicNumber: Uniquely identifies orders and positions belonging to this EA. Allows running multiple instances of TradeManager on different charts or symbols without interference.

  7. Intuitive Graphical Interface

    • A pop-up panel titled “TradeManager 1.0” appears on the chart with color-coded buttons (red for closes, blue for market orders, fuchsia/blue for pending orders, yellow for breakeven).

    • Pending order setup objects (horizontal lines and labels) are drawn live on the chart; simply drag to adjust prices before confirming the order.


Variable Description Example Value
RiskType    Lot sizing method. Lots = fixed lot; Percentage = percentage of account. Percentage
AmountForCalculation    Base for risk calculation. CurrentBalance = real-time account balance; BaseAmount = fixed amount ( TotalAmountInMoney ). BaseAmount
TotalAmountInMoney    The fixed base amount (in account currency) used for risk calculations when AmountForCalculation=BaseAmount . 100000.0
FixedLots    Fixed lot size (if RiskType=Lots ). 0.05
StopLoss    Stop loss in points for automatic SL and TP calculation (0 = disabled). 200
CloseDeletePendingOrders    If true , the close-buttons will also delete any pending orders; if false , they close only active positions. true
MagicNumber    Unique identifier to tag orders/positions created by this EA. 777665
RiskPercent    Percentage of the account to risk per trade when RiskType=Percentage (1.0 = 1 %). 1.0
RiskReward    Risk:Reward ratio. E.g. 3.0 to target a 1:3 reward. 3.0
PendingOrderOffsetPoints    Initial distance (in points) from the current price for placing BUY/SELL STOP/LIMIT orders. 200


How to Get Started

  1. Installation & Attaching

    • Copy the compiled file TradeManager.ex4  into ...\MQL5\Experts\ .

    • In MetaTrader 5, drag “TradeManager 1.0” onto a chart or right-click → “Expert Advisors” → “Add to Chart”.

  2. Configure Inputs

    • In the Inputs tab of the Properties window, set:

      • RiskType (Lots or Percentage) depending on whether you want fixed lots or percentage-based sizing.

      • AmountForCalculation to choose between using live equity or a fixed base amount ( TotalAmountInMoney ).

      • Adjust RiskPercent , RiskReward , StopLoss , FixedLots , and MagicNumber as needed.

  3. Use the Control Panel

    • BUY/SELL: Open immediate market orders with SL and TP calculated per your settings.

    • BUY STOP / SELL STOP / BUY LIMIT / SELL LIMIT: Initiate pending order setup, drag the lines on the chart to your desired price levels, and then click “PLACE PENDING ORDER” to send the order.

    • BREAKEVEN: Move the SL of all open positions on this symbol to breakeven (+1 pip) once they are in profit.

    • CLOSE THIS: Close all open positions for the current symbol and (optionally) delete pending orders if CloseDeletePendingOrders=true .

    • CLOSE ALL: Close all open positions on all symbols and (optionally) delete all pending orders.


Benefits of TradeManager 1.0

  • Speed & Precision: Open or close trades with a single click—no need to manually type orders.

  • Integrated Risk Management: Auto-compute position size based on your capital and specified risk.

  • Visual & Interactive: Configure pending orders by dragging lines directly on the chart, viewing SL, TP, and risk information in real time.

  • Multi-Instance Friendly: Use different MagicNumber values to run independent instances of TradeManager on multiple charts or symbols.

  • Broker-Compliant: Automatically respects minimum stop and freeze-level requirements, avoiding order rejections.




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Meelis Hynninen
4.88 (16)
The UTM Trade Manager is a powerful, yet intuitive trading tool offering fast, efficient trade execution and advanced features such as the "Ignore Spread" mode and a built-in local trade copier, and others. Designed to simplify your trading operations, it provides a user-friendly graphical interface and on-chart controls for seamless management. Important Notice: This manager may experience performance issues on systems with less than 8GB of RAM or when running on Mac ARM (M1) systems using emul
Footprint Chart Pro — Professional OrderFlow EA for MetaTrader 5 Version 6.34 | Professional tool for real traders | Institutional-Grade Visualization DEMO USERS - PLEASE SELECT EVERY TICK / REAL TICK WHEN TESTING AND YOU HAVE DOWNLOADED HISTORICAL DATA. IF YOU SEE A WAITING SCREEN AND IT IS NOT DOWNLOADING, IT MEANS YOU HAVE LOW HISTORICAL DATA. TRY 1 MIN AND 5 MIN FIRST ON 1 DAY DATA. ONE DAY DATA SHOULD BE THE NEWEST AND MOST CURRENT DATE. PLEASE WAIT UNTIL THE MARKET HAS ROLLED OVER PERIOD.
Telegram to MT5 Multi-Channel Copier automatically copies trading signals from your Telegram channels directly into MetaTrader 5. No bots, no browser extensions, no manual copying. You receive a signal on Telegram and the EA opens the trade on your terminal in a few seconds. The product includes two components: a Windows application that listens to your Telegram channels, and this Expert Advisor that executes the signals on your MT5 terminal. An MT4 version is also available. Setup guide and app
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Stephen J Martret
5 (4)
AlgoRadar is an on-chart analytics dashboard for MT5 that aggregates Expert Advisor performance across multiple accounts, brokers, and platforms, including both MT4 and MT5 data, into a single live view on your MT5 chart. All analysis runs from the chart interface, with no external applications or manual report processing required. EA Analysis and Ranking For traders running multiple Expert Advisors, AlgoRadar provides a consolidated view of each EA's performance across accounts. Active EAs a
Anchor Trade Manager
Kalinskie Gilliam
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Anchor: The EA Manager Run your full EA portfolio without conflicts, without stacked risk, and without watching every chart yourself. Anchor coordinates up to 64 Expert Advisors on a single account so only one trades at a time. Attach Anchor to any chart. Type your EA names and magic numbers in one line. Anchor handles the rest. Built for portfolios. Built for discipline. Built for prop firms. The Problem Running multiple EAs on the same account creates risk. Two gold EAs can open opposite posit
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Stats Dashboard & Journal ULTRA for MT5   The Complete Trading Command Center: Analytics, Automation & News Intelligence. Installation instructions and Demo version   Stats Dashboard ULTRA is the ultimate evolution of the analytics tool. It transforms MetaTrader 5 into a professional trading station, combining institutional-grade performance analysis with automated news   protection and advanced psychological metrics. Designed for manual traders and EA portfolio managers who demand total con
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