SimpleKeys

SimpleKeys — Hotkey Trade Manager for MT5

Most trade managers give you a dashboard full of buttons you'll click once and forget. SimpleKeys does the opposite. Every action is a single keypress. Every level is a visual line you place exactly where you want it. No panels to navigate, no dropdowns to open mid-trade.

Place your stop, place your target, press Space. Done.

Who This Is For

SimpleKeys is built for traders who already know what they're doing and need execution to keep up with their thinking. If you're manually calculating lot sizes, moving stops to breakeven by hand, or fumbling through right-click menus while price is moving — this EA solves those problems directly.

It is not an automated strategy. It does not trade for you. It makes you faster and more precise at the trading decisions you're already making.

How It Works

You control everything through horizontal lines on the chart and a set of hotkeys. Press a key, a line appears and follows your cursor. Click to lock it in place. Set your levels, press Space to execute. The EA handles lot sizing, order type detection, and optional confirmation automatically.

Default hotkeys (all customizable):

Key Action
S Stop Loss line
T Take Profit line
P Entry Price line (pending orders)
X Partial Profit trigger line
Space Send order
V Manual partial close
B Move stops to breakeven
C Close all positions

Press the same key again to cancel and remove the line. Every hotkey is remappable in the EA settings.

Order Execution

SimpleKeys detects the correct order type automatically based on where you place your lines relative to current price. You don't select BUY STOP or SELL LIMIT from a menu — you just place your levels and the EA figures it out.

Market orders — place a Stop Loss line only, or a Stop Loss and Take Profit together, then press Space. Direction is determined by whether your stop is above or below current price.

Pending orders — add a Price line. The EA detects the order type from the relationship between your price line, stop line, and current market price:

Setup Order Type
Price above market, stop below price BUY STOP
Price below market, stop below price BUY LIMIT
Price below market, stop above price SELL STOP
Price above market, stop above price
SELL LIMIT


Risk Management

Three methods, selectable from the EA inputs. The trading panel adjusts its label automatically to show the correct input type.

Percentage of balance — enter your risk percentage in the panel and the EA calculates lot size from your stop distance in real time. Risk stays consistent regardless of where you place your stop.

Dollar amount — specify a fixed currency risk per trade. Lot size is calculated the same way, just from a dollar figure instead of a percentage.

Fixed lot size — bypass calculation entirely and trade a predetermined size.

All three methods respect broker volume limits and step sizes automatically.

Split Entry System

Set splitEntry to 2 or more and the EA divides your position across multiple orders at the same price level. Each order uses its own lot calculation so your total risk stays within your specified limit.

Combined with splitTpDistance , each order can target a progressively higher take profit level. Set the multiplier to 1.0 and each additional order's TP is spaced one full R away from the last. Use 0.5 for tighter spacing, 2.0 for wider.

Example with splitEntry = 3 and splitTpDistance = 1.0, a 1:2 base R:R setup:

  • Order 1: TP at 2R
  • Order 2: TP at 3R
  • Order 3: TP at 4R

Each order sized so the combined risk equals your specified risk amount.

Partial Profit System

Place the Partial Profit line (X key) anywhere on the chart after entering a position. When price touches that level, the EA automatically closes the percentage you've set in partialPercent (default 50%) and deletes the line.

The trigger is bidirectional — it fires whether price approaches from above or below, making it usable for both profit-taking and defensive scaling on retracements.

Optional: enable autoBreakevenAtPartial to have the EA move your stop to entry automatically at the same moment the partial executes.

For manual partial closes, press V at any time. If showPartialConfirmation is enabled, you'll see a breakdown of each position and the volume to be closed before anything executes.

Breakeven Management

Press B to move all stops on the current symbol to entry level. breakEvenOffset adds a small pip buffer above or below entry — set it positive to lock in a few pips of profit, negative to give the trade slight room.

The EA checks broker minimum stop distance requirements and adjusts automatically. It won't move a stop that's already in a better position.

Trade Confirmation

Enable showTradeConfirmation to see a full order summary before anything is sent — order type, lot size, entry, stop, target, R:R ratio, pip risk, and expiry time for pending orders. Split entry setups show all TP levels in the confirmation.

Disable it for immediate execution with no dialog.

Pending Order Expiry

Two methods for automatically cancelling unfilled pending orders:

Time-based ( pendingExpiryTime ): set a specific time in HH:MM format. Useful for closing all pending orders before market close or major news events.

Duration-based ( pendingExpiryMinutes ): cancel orders that have been sitting unfilled for longer than X minutes.

Both can run simultaneously. If both are set, the earlier of the two triggers first.

Technical Details

  • MetaTrader 5 only
  • Compatible with all symbols — forex, indices, commodities, crypto
  • All timeframes
  • No DLL files, no external dependencies
  • Magic number support for filtering trades placed by other EAs
  • Custom order comment support

Settings Reference

Input Description
magic Magic number for order identification
slippage Maximum slippage for market orders (pips)
comment Comment attached to all orders
riskType RISK_PERCENT / RISK_DOLLAR / RISK_LOTSIZE
riskPercent Default risk percentage
dollarAmount Default dollar risk
lotSize Default fixed lot size
splitEntry Number of orders to split entry into (1 = no split)
splitTpDistance TP spacing multiplier for split orders (0 = same TP)
partialPercent Portion to close on partial profit trigger (0.5 = 50%)
autoRiskReward Auto-calculate TP from SL at this R:R (0 = disabled)
breakEvenOffset Pips above/below entry for breakeven (can be negative)
autoBreakevenAtPartial Move stop to BE when partial profit triggers
showTradeConfirmation Show order summary dialog before execution
showPartialConfirmation Show position summary before manual partial close
pendingExpiryMinutes Cancel pending orders after X minutes (0 = disabled)
pendingExpiryTime Cancel pending orders at HH:MM time (empty = disabled)

All hotkeys and line colours are customizable in the inputs.

Test on a demo account before using on live funds. Past performance of any trading tool does not guarantee future results.


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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
EA Portfolio Analyzer
Jimmy Peter Eriksson
4 (1)
Installation Guide:  Click Here! Analyze Multiple Expert Advisors Together Compare EA Results By Magic Number Track Profitability And Drawdowns Filter Results By Date Range Visual Equity Curve And Detailed Metrics Ready To Use In Under One Minute EA Portfolio Analyzer EA Portfolio Analyzer is a professional analytics tool designed to monitor the live performance of multiple Expert Advisors in a clear and structured way. When running several EAs on the same account, it can be difficult to unders
Take a Break MT5
Eric Emmrich
4.75 (24)
News filter, equity guard & session control for all your EAs — one tool, full protection — Free Demo | Latest Updates Take a Break has evolved from a basic news filter into a comprehensive account protection solution . It pauses your other Expert Advisors during news events or based on custom filters. When trading resumes, it automatically restores your entire chart setup , including all EA settings. New in v10: an integrated AI Trade Assessment evaluates each new trade entry directly on your ch
HINN MagicEntry Extra
ALGOFLOW OÜ
4.73 (15)
HINN MAGIC ENTRY – the ultimate tool for entry and position management! Place orders by selecting a level directly on the chart! full description   ::  demo-version  :: 60-sec-video-description 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 and take-profit  functions - Invalidation leves - Intuitive, adaptive, and customizable interface - Works
SMC Trade Pilot MT5
Prime Horizon
5 (1)
SMC Trade Pilot MT5 Semi-automatic trading assistant for Smart Money Concepts traders. Receive rich signals on Telegram with chart screenshot, then place the trade with a single tap. Manage your positions from your phone, even when you are away from your computer. The problem this solves Smart Money setups don't wait for you. Order Blocks and Liquidity Sweeps form during the London open, the New York open, or in the middle of the Asian session, often when you are at work, in a meeting, or simply
YuClusters
Yury Kulikov
4.93 (42)
Attention: You can view the program operation in the free version  YuClusters DEMO .  YuClusters is a professional market analysis system. The trader has unique opportunities to analyze the flow of orders, trade volumes, price movements using various charts, profiles, indicators, and graphical objects. YuClusters operates on data based on Time&Sales or ticks information, depending on what is available in the quotes of a financial instrument. YuClusters allows you to build graphs by combining da
VirtualTradePad One Click Trading Panel
Vladislav Andruschenko
4.59 (74)
Trading Panel for MetaTrader 5 — professional one-click trading from chart and keyboard A powerful trading panel for active manual trading, designed to open, manage, and close trades far faster and more efficiently than the standard MetaTrader interface. This panel is built for traders who want full control over positions, pending orders, profit management, and trading execution inside one professional workspace. This is not just another utility. It is a complete trading cockpit for MetaTrader
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