Trade Manager Auto SLTP Trailing and Breakeven MT5
- Utilities
-
Nguyen Thanh Trieu
I'm a software developer and trader. I build practical tools for MetaTrader 5 that I use in my own trading.
My work covers market structure, price action logic, risk visualization, and custom indicators and utilities. - Version: 1.16
- Updated: 21 October 2026
Manual position management. Missing SL. Price moves against you. No protection.
Trade Manager Lite automates Stop Loss, Take Profit, Trailing Stop, and Break-Even for your open positions.
Attach to one chart. Configure your default SL/TP distance. Let it manage your positions automatically.
What's Included (FREE Version)
- Auto SL/TP: Applies missing Stop Loss and Take Profit to positions based on your configured distance in points
- Trailing Stop: Adjusts SL dynamically as price moves in your favor to lock in profits
- Break-Even: Moves SL to entry price (plus optional offset) when target profit is reached
- Partial Close: Closes a percentage of position volume at specified profit level
- Control Panel: On-chart buttons for Quick Trade (Buy/Sell), Close All, Close Profit/Loss, and emergency BE trigger
Works with manual trades and EA-generated positions. Supports Magic Number filtering. Monitors all symbols or current symbol only.
Compare Versions: Free vs. Trade Command Center (Pro)
This FREE version provides essential post-entry position management.
For pre-trade visual risk sizing, prop firm challenge protection, and real-time news filtering, upgrade to Trade Command Center.
| Feature | Free Version | Trade Command Center |
|---|---|---|
| Core SL/TP, BE & Trailing | Yes (Fixed Points) | Yes (Points/Pips + ATR/Fractal/PSAR) |
| Visual Trade Planning | No | Drag & Drop Entry/SL/TP with Live R:R |
| Multi-Level Take Profit | 1 Level | Up to 5 Levels (Custom % & Pips) |
| Prop Firm Risk Guard | No | Live Buffer HUD, Daily DD & Auto-Close |
| Built-in Prop Presets | No | FTMO, FundedNext, The5ers 1-Click |
| News Risk Protection | No | Interactive Calendar HUD + Auto-Block |
| User Interface Modes | Basic Buttons | Lite Mode (2-Tab) & Pro Suite (5-Tab) |
| Virtual Pending & Scheduler | No | Included with Full Risk Gates |
Upgrade to Trade Command Center on MQL5 Market
Quick Start
Attach to any chart. Enable Algo Trading. Configure default SL/TP distance in points. Enable Break-Even and Trailing Stop if needed.
Open positions will be managed automatically.
What Trade Manager Lite Does NOT Do
It does not generate entry signals or place trades automatically.
It does not predict price direction.
It does not guarantee profits or prevent losses.
It only manages positions YOU open, using limits YOU define.
Technical Notes
For 5-digit brokers: 10 points = 1 pip.
Works with hedging and netting accounts.
No DLL required.
Risk Disclosure
Trading involves substantial risk of loss.
Test all settings on demo account before using with real funds.
Trade Manager Lite — FREE position management tool
Your feedback helps improve future updates. Questions or suggestions: use the Comments section below.
Ready for advanced features? Upgrade to Trade Command Center

This utility is best.. simple and easy to use, 100% works very well..