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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Signal TradingView to MT5 Pro  Instant professional execution between TradingView and MetaTrader 5 Automate your trading strategy with the most robust communication bridge between TradingView alerts and real execution in MT5. Designed for traders who demand speed, flexibility, and impeccable risk management, this Expert Advisor transforms any alert message into a precise market or limit order.   Install and TEST the TRIAL version HERE STRENGTHS AND ADVANTAGES Universal Parsing Engine (Propriet
Seconds Chart MT5
Boris Sedov
4.61 (18)
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.
Trade Manager DaneTrades
Levi Dane Benjamin
4.23 (30)
DaneTrades Trade Manager is a professional trade panel for MetaTrader 5, designed for fast, accurate execution with built‑in risk control. Place market or pending orders directly from the chart while the panel automatically calculates position size from your chosen risk, helping you stay consistent and avoid emotional decision‑making. The Trade Manager is built for manual traders who want structure: clear risk/reward planning, automation for repeatable management, and safeguards that help reduc
Anchor Trade Manager
Kalinskie Gilliam
5 (7)
Anchor: The EA Manager Your EAs manage their own trades. Anchor manages the account around them. Anchor gives you one place to control your EAs, manage risk and decide when trading is allowed. Any EA, any vendor, any broker or symbol. No source-code changes required. The Problem Most EAs only know what they are doing. They cannot see when another EA is already trading, when several EAs open and are stacking risk or when the account has reached your loss limit. Even using just one EA, it may not
Working Demo Download 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,
VirtualTradePad PRO SE MT5 — professional trading control center for MetaTrader 5 VirtualTradePad PRO SE is a premium chart-based trading panel and trade-management workspace for MetaTrader 5 . It is designed for traders who want faster execution, clearer position control, structured trade management, visual level planning and a professional workflow directly from the chart. This is not only a BUY / SELL panel. PRO SE combines manual trading, pending orders, position management, partial exits, b
Quant AI Agents
Ho Tuan Thang
5 (1)
Quant AI Agents are independent trading Expert Advisors. Instead of trading using a fixed strategy like other conventional EAs, Quant AI Agents   is a   multi-agent AI trading framework   that turns natural-language strategy prompts into live.  WANT THE SAME RESULTS AS MY LIVE SIGNAL?   Use the exact same brokers I do:   IC MARKETS , IC TRADING   .  Unlike the centralized stock market, Forex has no single, unified price feed.  Every broker sources liquidity from different providers, creating un
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