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MT5 Trade Manager

FREE

Published: 21 December 2025

Current version: 2.0

MT5 Trade Manager

Utilities
Anthony Dewayne Wasome
Anthony Dewayne Wasome
Jamaica

1589
Version: 2.0

MT5 Trade Manager is a MetaTrader 5 trade management panel designed to provide order execution, position monitoring, and risk control tools within a single interface. It operates as an on-chart dashboard with multiple pages for different trading functions.

The tool is designed to support manual trading by centralizing trade operations and account monitoring in one place without requiring external applications.

Interface Structure

The dashboard is organized into six main sections:

Dashboard
Provides an overview of account information including balance, equity, margin, and daily profit or loss. It also includes quick access buttons for opening trades and closing all positions.

Trade
Used for order execution. Users can set lot size, stop loss, take profit, and view live market data such as bid, ask, and spread before placing trades.

Positions
Displays all active trades with real-time updates. Each position shows direction, entry price, current price, and profit or loss. Individual positions can be closed from this section.

History
Shows previously closed trades with basic trade details and performance results.

Risk
Contains risk management options such as trailing stop, break-even functionality, daily loss limits, and maximum position controls. Each feature can be enabled or disabled individually.

Settings
Used to configure default parameters such as lot size, stop loss, take profit, slippage, magic number, risk percentage, and maximum open positions.

Trade Execution Features

The panel allows one-click execution of buy and sell orders. Users can adjust order parameters before placing trades.

Market data is displayed in real time, including bid, ask, and spread values. This allows traders to review conditions before executing orders.

The system supports individual position closing as well as closing all open trades at once.

Risk Management Features

Several risk control tools are available within the panel.

A trailing stop function can be enabled to adjust stop loss levels automatically as price moves in favor of a trade.

A break-even function moves stop loss to entry after a defined profit level is reached.

A daily loss limit option can stop trading activity once a predefined loss threshold is reached.

A maximum open positions setting can be used to limit total exposure.

These features are optional and can be configured based on trading style.

Technical Details

Panel size is 320 by 480 pixels and is designed to fit in the corner of the chart without blocking price action.

All values are updated in real time.

The tool is compatible with all MetaTrader 5 brokers and supports forex, metals, indices, crypto, and CFD instruments.

A configurable magic number is included to allow compatibility with other Expert Advisors.

Usage Guidelines

The tool is suitable for day trading, swing trading, and scalping strategies depending on user configuration.

For best results, traders should configure risk settings according to account size and trading strategy.

It is recommended to test the tool on a demo account before using it on a live account.

Risk Disclaimer

Trading forex and CFDs involves risk and may not be suitable for all investors. Losses can exceed deposits depending on leverage. Users should ensure they understand the risks involved and only trade with capital they can afford to lose.

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MT5 Trade Manager

Anthony Dewayne Wasome

Interface Structure

Trade Execution Features

Risk Management Features

Technical Details

Usage Guidelines

Risk Disclaimer