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Trade Anchor Manager MT4

FREE

Published: 10 August 2025

Current version: 1.0

Trade Anchor Manager MT4

Utilities
Warren Schaaf
Warren Schaaf
United Kingdom

907
5 (1)
About Us

2 products
Version: 1.0

🔥 MultiTP Trade Manager EA — Advanced Trade Management Made Effortless (MT4)

🔥 Limited Offer – First 100 Downloads FREE! 🔥
Be among the first 100 traders to download Trade Anchor Manager (MT4/MT5) completely free of charge. Hurry – once the limit is reached, the offer closes instantly!

💬 After trying it out, we’d love if you could leave a review and share your thoughts – your feedback helps us improve and lets other traders know what to expect.

Need this Trade Anchor Manager for MT5? https://www.mql5.com/en/market/product/146666?source=Site+Market+MT5+Search+Rating006%3atrade+anchor+manager

*Boost Your Trading Precision, Profitability, and Control with This All-in-One Trade Manager!*

🔹 *Platform*: MetaTrader 4 & 5

🔹 *Best For*: Scalping, Swing, Grid, Manual or EA-assisted trading

🔹 *Symbols*: Works with any Forex pair, indices, metals, crypto

🔹 *Timeframes*: Compatible with all timeframes

🔹 *No Requotes • Ultra-Lightweight • Reliable in Live Trading*

💡 What is MultiTP Trade Manager?

*MultiTP Trade Manager EA* is a powerful and intuitive tool for MetaTrader 4 designed to automate the management of *multiple take profit levels (TP1–TP4), dynamic **stop loss adjustment, and **breakeven handling, all with real-time **PnL tracking*.

It’s perfect for traders who want *precise trade exits, **partial take profits, **risk-managed scaling, and instant **visual feedback* — with no need to babysit trades.

✅ Features At a Glance

* 📌 *Multable Take Profit Levels* with customizable pip distances and open trade allocation to allow trades to run.

* 🔁 *Adjust SL on the Fly* (Move to breakeven or increase stop loss dynamically)

* 🧠 *Trade Monitoring Panel* with ON/OFF toggle

* 📉 *Daily PnL Display*: Track floating, closed, and session PnL live on chart

* 💥 *One-Click Close All Trades* by Magic Number

* 💼 *Risk Tracking*: Shows total risk and whether current SLs are in profit

* 🎯 *Auto SL assignment* even if your trades start without SL

* ✨ *Lightweight Visual Interface* — No chart clutter, works on any screen size

🚀 How to Use (Quick Start)

1. *Place Your Trades*

* This can be manual or automated — the EA will track any open trades based on symbol and Magic Number.

* If using manual SL drag to desired position and then switch monitoring on to set reference trade, all other trade will use this same SL.

* If using fixed SL, just click enable monitoring and all other trades will adopt this fixed SL.

2. *Enable Monitoring*

* Click the Monitoring: OFF label to activate. The first open trade becomes the *Reference Trade* (for TP/SL logic).

3. *TP Allocation Begins*

* As trades are opened, TP1–TP4 targets are assigned automatically.

* Each TP line includes a label with the filled count (e.g., 1 at TP2 (0 filled)).

4. *SL Adjustment or Breakeven*

* Toggle Adjust SL to shift SL by a user-defined pip buffer (e.g., -100 to increase the stoploss if required).

* Or toggle Breakeven to move SL to entry once all trades are in profit (plus buffer).

5. *Visual Trade Zones*

* Entry, SL, and TP lines are drawn in real time.

* Directional label shows if the set is a BUY or SELL group.

6. *Track PnL at a Glance*

* See:

✅ Closed PnL Today

✅ Floating PnL

✅ Closed Set PnL

✅ Total Risk (color-coded if SLs are in profit)

7. *Exit All Trades Instantly*

* Click Close All Trades — the EA will cleanly close trades, capture final PnL, and reset the session.

🎯 Who is This For?

* Manual traders using scaling or staged exits

* EA users who want extra control over trade exits

* Prop firm traders managing strict risk limits

* Breakout or grid traders needing clean PnL tracking

* Traders who want *clear visual feedback* for SL/TP

⚙ Inputs (Fully Adjustable)

| Input | Description |

| -------------------------- | --------------------------------------- |

| TP1_Pips – TP4_Pips | Distance in pips for each TP level |

| TradesAtTP1 – TP4 | Number of trades to close at each TP |

| LeaveRemainingTradesOpen | Allow last trade to run after TP4 |

| UseFixedStopLoss | Use fixed SL if trade has no SL |

| StopLossAdjustmentPips | SL buffer when Adjust SL is ON |

| BreakevenBufferPips | SL buffer when Breakeven is ON |

| MagicNumber | Filter trades by Magic Number (0 = all) |

| PnLLabelCorner | Choose where labels appear on screen |

| DailyPnL_PositiveColor | Color for positive PnL |

| DailyPnL_NegativeColor | Color for negative PnL |

🔒 Stability & Compatibility

✅ Error-handling included for all trade actions

✅ Works in real-time and Strategy Tester

✅ Panel auto-adjusts on screen resize

✅ Perfect for prop firm rules, news volatility, or scalping

Here is the *complete user guide* for your MT4 Trade Manager:

🧠 *What This Trade Manager Does*

The MultiTP_EA_Enhanced_ShortLines_Display_LabelPrice_PnL.mq4 script is a powerful trade management tool that:

* Automatically manages *multiple Take Profits* (TP1–TP4).

* Inherits *Stop Loss* (SL) from a reference trade or applies a fixed SL.

* Allows *breakeven, **SL adjustment, and **manual override*.

* Visually shows *TP/SL lines* and *labels* for live trades.

* Displays a *daily PnL summary* and *risk info*.

* Provides *toggle buttons* to control key features live on chart.

✅ *How to Use It – Step-by-Step*

IMPORTANT! Download the EA and make sure it’s placed in the EXPERTS FOLDER and NOT in the indicator folder.

📌 *Step 1: Attach the EA to Your Chart and then Allow Live Trading in the settings and also MT4 Auto Trading is Activated*

* Load the EA onto a chart.

* If you're managing different symbols, place on a different chart.

* Set TP/SL pip distances, trade counts at each TP, colors, etc.

📌 *Step 2: Open Your Trades*

* Open buy/sell trades manually or with another EA.

* As soon as the first trade is opened this becomes the **reference trade, drag SL to a desired position if using manual SL, all other trades will adopt this SL, if using fixed SL all following trades will use the set SL click monitoring on to set reference and start session*.

* All other trades will inherit SL and TP levels from this trade.

🧭 *Understanding the Panel Buttons*

| Label | Description |

| --------------------------------- | ------------------------------------------------------------------------------------------------------------------------------ |

| 🔁 Monitoring: ON/OFF | Starts/stops live trade tracking. Must be *ON* for TP/SL management. The first trade after activation becomes the reference. |

| ❌ Close All Trades | Closes all open trades with the same magic number/symbol. Also resets session state. |

| 🛡 Adjust SL: ON/OFF | Moves SL further away by a set amount (StopLossAdjustmentPips). Use to increase breathing room. |

| 📉 Breakeven: ON/OFF | Moves SL to breakeven (+ buffer) for all trades in profit.

| 💰 Daily Profit/Loss: Show/Hide | Toggles on-screen PnL and risk label (bottom-right or top-left). |

🔗 *How TP/SL Management Works*

🎯 Take Profits:

* You define *TP1\_Pips, TP2\_Pips, TP3\_Pips, TP4\_Pips*.

* Each TP level executes on *TradesAtTPx* trades.

* Remaining trades (after all TPs filled) are either left *open* or closed, based on LeaveRemainingTradesOpen.

🛑 Stop Loss:

* If your reference trade has an SL: that’s used.

* If not: a *fixed SL* is calculated using FixedStopLossPips.

* You can adjust this dynamically using the toggle Adjust SL.

⚖ Breakeven:

* When Breakeven: ON, SL is moved to entry price + buffer (BreakevenBufferPips).

* Disables SL adjustment automatically to avoid conflict.

📊 *On-Chart Visual Elements*

* *Lines*:

* Green: Entry

* Red: Stop Loss

* Magenta / Blue / Orange / Yellow: TP1–TP4

* *Labels*:

* Display TP target, filled count, SL value, and trade direction.

* *PnL Labels*:

* *Closed PnL Today*

* *Floating PnL*

* *Closed Set PnL*

* *Total Risk*

🔍 *Daily PnL Breakdown*

When enabled via Daily Profit/Loss: Show:

* Tracks *closed trade profit* for today.

* Displays *floating PnL* from current open trades.

* Displays *Closed Set PnL* = sum of profits from trades managed by this session.

* *Total Risk* = total \$ risk based on SL of all trades.

Color-coded:

* *Green* = Profit or Risk-Free

* *Gold/Red* = Loss or Risk Present

🧼 *Session Management*

When All Trades Close:

* The EA resets tracking state.

* TP/SL lines and labels are removed.

* Monitoring: OFF is triggered.

* Final floating PnL is added once to the closed PnL log.

You can *restart* monitoring any time by clicking *Monitoring: ON* after opening a new trade.

⚙ *Input Parameters Overview*

| Input | Description |

| -------------------------------------- | --------------------------------------------------- |

| TPx_Pips | Distance to each TP level |

| TradesAtTPx | How many trades close at each TP |

| LeaveRemainingTradesOpen | Keeps leftover trades open |

| FixedStopLossPips | SL used if reference trade doesn’t have one |

| StopLossAdjustmentPips | Pips added to widen SL when SL Adjustment is ON |

| BreakevenBufferPips | Distance past entry to move SL when breakeven is ON |

| InitialShowDailyPnL | Whether to display PnL stats by default |

| DailyPnL_PositiveColor/NegativeColor | Label color based on profit/loss |

🛠 *Best Practices*

* Always activate Monitoring: ON *after* placing trades.

* Ensure the first trade (reference) has an SL — or use UseFixedStopLoss.

* Use Adjust SL carefully if your strategy requires larger stops.

* Use Breakeven once trades are safely in profit.

* Avoid using both Adjust SL and Breakeven at the same time — one disables the other.

❓ *Example Use Case*

Can be used for single or multiple trades with variant TP levels user defined depending on individual strategies

1. Attach the EA.

2. Click Monitoring: ON.

3. The EA sets TP1–TP4 (e.g., 2 trades close at TP1, 1 at TP2, 1 at TP3, 1 left open).

4. Once all allicated trades are in profit, you click Breakeven: ON — SLs move to entry.

5. Daily PnL shows +\$42 with \$0 risk — All trades are now risk-free.

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Want automatically to put the pending order, take profit and stop loss? This EA will do it on your behalf! The Fibo Heart EA strategy will place limit order after the ‘check point’ breakout. The position will be triggered when the price make a successful retest. If not, the pending order will automatically deleted after price hit certain level. You also have option to enable market order (instant execution) and custom take profit in the inputs setting. This EA must be attached with Fibo Heart In

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Partial Closure EA MT4 allows you to partially close any trade on your account, manually by a chosen percentage of the lot size and/or by trade ticket, or automatically at specified percentages of the TP/SL level, closing a percentage of the initial lot size across up to 10 take profit and 10 stop loss levels. It can manage all or selected trades in your account by specifying or excluding certain magic numbers, comments, or symbols. Tip: Download the free demo version of the Partial Closure E

40 USD

MT4 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 ] [ MT5 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

80 USD

Trade Panel is a multi-functional trading assistant. The app contains over 50 trading functions for manual trading and allows you to automate most trading tasks. Application instructions: https://www.mql5.com/en/blogs/post/756482 Trial version of the application for a demo account: https://www.mql5.com/en/blogs/post/750865 How to install the application: https://www.mql5.com/en/blogs/post/756239 How to test the application in visual mode: https://www.mql5.com/en/blogs/post/770277 How to install

79 USD

King Trade Copier connects MetaTrader terminals that run on the same computer or VPS. Trades opened on one account appear on the others. The file carries both roles, so the same download becomes the sender or a receiver depending on what you set Mode to. On every chart the panel states whether this terminal is sending or receiving, names the account on the other side, counts the receivers that answered, and gives the age of the last signal. An order that was not copied leaves its reason on the

50 USD

Currency strength meter for MetaTrader 4 This currency strength indicator reads up to 28 major pairs and turns them into one number per currency, for the 8 majors: USD, EUR, GBP, JPY, CHF, CAD, AUD and NZD. Instead of opening chart after chart to work out who is leading, you read one panel on your MetaTrader 4 chart and you know which currency is being bought and which one is being sold. What you see on the chart A ranked strength bar for each of the 8 currencies, with its percentage A multi-tim

49 USD

ATTENTION: The Indicator cannot be backtested, as it is generated exclusively from live intraday calculations based on options flow. GEX Level Converter – Gamma Exposure Mapping for CFD Charts NASDAQ-100 edition — for US100 · NDX · NAS100 · USTECH and every Nasdaq-100 CFD equivalent Instantly see professional options-market levels directly on your MetaTrader Nasdaq-100 CFD chart. The GEX Level Converter translates the daily Gamma Exposure (GEX) zones of the NDX options market into precise pri

30 USD

天机跟单系统-MT4接收端天机文件跟单系统是一款专业的跨平台跟单EA，让您在MT4和MT5之间自由复制交易。无论您是管理多个账户、在模拟盘与实盘之间验证策略，还是在不同券商之间迁移交易，天机都能为您提供稳定、灵活、安全的跟单体验。重要提示：本系统由「发送端 + 接收端」两个EA文件组成，缺一不可，需成对使用。请确保下载了对应您平台（MT4或MT5）的两个文件。下载 MT5发送端访问： https://www.mql5.com/zh/market/product/187073 下载 MT5接收端访问： https://www.mql5.com/zh/market/product/187071 下载 MT4发送端访问： https://www.mql5.com/zh/market/product/187078 下载 MT4接收端访问： https://www.mql5.com/zh/market/product/187074 如果这个跟单系统对你有帮助，请给个好评，你的认可是我持续更新最大的动力核心功能真正的

30 USD

MT4 Version : https://www.mql5.com/en/market/product/91169 MT5 Version : https://www.mql5.com/en/market/product/110193 Live Signal : https://www.mql5.com/en/signals/2345410 Introducing the "Smart Trader" trading assistant expert advisor – the ultimate tool trusted by professional traders worldwide for its unparalleled adaptability and cutting-edge risk management strategies. At the heart of "Smart Trader" lies its revolutionary risk management switching system, meticulously designed to dynamic

30 USD

Copier->Convenient and fast interface interaction, users can use it right away ->>>> Recommended to use on Windows computers or VPS Windows Features: Diversified and personalized copy trading settings: 1. Different lot modes can be set for different signal sources 2. Different signal sources can be set for forward and reverse copy trading 3. Signals can be set with comments 4. Whether to calibrate the lot according to the contract lot Diversified and personalized copy order settings 2: 1. Dif

68 USD

Working Trial Download Copy Cat More Trade Copier MT4 is not just a simple local trade copier; it is 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 its 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

50 USD

Copier->Convenient and fast interface interaction, users can use it right away ->>>> Recommended to use on Windows computers or VPS Windows Basic functions: The normal interaction speed of copy trading is less than 0.5s Automatically detect signal sources and display a list of signal source accounts Automatically match symbols, 95% of commonly used trading symbols on different platforms (special cases such as different suffixes) are automatically matched, basically no manual settings are requ

50 USD

Close If Profit or Loss with Trailing for MetaTrader 4 — automatic closing by total profit or loss A reliable trade-management utility for MetaTrader 4 that automatically closes positions when the total profit or total loss reaches the level you set. The Expert Advisor monitors open trades, calculates floating profit and loss, can trail profit, and helps close positions faster than manual reaction. MetaTrader 4 is still used by many manual traders, grid traders, scalpers, and Expert Advisor use

40 USD

This is an automatic parameter optimizer for the Trend Line PRO indicator Easily and quickly you will select the optimal parameters for your favorite Trend Line PRO indicator. Optimization takes only a few seconds. The optimizer allows you to find the best parameters for each pair and period: Amplitude, TP1-TP3, StopLoss, as well as values for Time Filter and HTF Filter on the selected history section (Days) To optimize different timeframes, you need a different range of history: M5-M15

38 USD

Risk manager Risk manager - it will simplify the tracking of drawdown and will notify you (alert) when the specified risk is reached, and close/lock orders when the critical DD risk level is reached. If the specified drawdown is exceeded, you can choose two options for actions: All orders will be closed that mean loss will be fixed on depo. The terminal also closes. Instead of fixing the loss on depo, the opposite order will be opened - orders locking will occure. Not a single order will be c

70 USD

This product can be used to synchronize multiple Charts, and each Chart can be set to a different sync mode. With this product you can better view and manipulate charts: different time frames for a single Symbol, the same time frame for multiple Symbols... and more. PS: The link below is the FreeDemo product, you can use it on EURUSD/XUAUSD/USDCNH symbol: https://www.mql5.com/en/market/product/38557 Feature: Chart settings can be synchronized, including : background, indentation, size, etc. M

30 USD

Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include

60 USD

MultiTP Trade Manager EA — Advanced Trade Management Made Effortless (MT5) Limited Offer – First 100 Downloads FREE! Be among the first 100 traders to download Trade Anchor Manager (MT4/MT5) completely free of charge. Hurry – once the limit is reached, the offer closes instantly! After trying it out, we’d love if you could leave a review and share your thoughts – your feedback helps us improve and lets other traders know what to expect. Need this Trade Anchor Manager for MT4? http

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Trade Anchor Manager MT4

Warren Schaaf