BlueEdge Trading Manager
- Utilities
- Version: 1.0
BlueEdge Trading Manager is a clean, fast manual trade manager panel for MetaTrader 5. It helps you open trades quickly (BUY/SELL), manage up to 5 take-profits, and automatically handle partial closes while drawing clear SL/TP lines directly on the chart.
This product is NOT a trading strategy and does not generate entry signals. It is a trade execution + position management tool for scalpers and manual traders.
Main Features
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One-click BUY / SELL from a compact panel (top-left)
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LOT field with live MinLot / MaxLot info
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TP/SL input modes (dropdown):
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PRICE mode → you enter exact market prices (e.g., 2650.50)
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PIPS mode → you enter pip distances (e.g., 20.0 pips)
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Up to 5 TP levels (TP1…TP5)
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Red “X” buttons next to SL and each TP to instantly clear the value
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Persistent panel values (lot/SL/TP/mode are saved, so you can spam-click trades while scalping)
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Auto partial-close system based on a built-in close scheme (no external files required)
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Chart lines:
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SL line = red
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TP lines:
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already passed = gray
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next TP = green
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future TPs = orange
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Request throttling / anti-spam to reduce “too many requests” broker errors
Installation (MT5)
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Copy the EA file into:
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MQL5/Experts/
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Restart MT5 or refresh the Navigator.
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Drag BlueEdge Trading Manager onto a chart (any symbol/timeframe).
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Enable Algo Trading / AutoTrading.
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Make sure trading is allowed for the account/symbol.
How to Use
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Select input mode (dropdown next to LOT):
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PRICE: type exact SL/TP prices
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PIPS: type pip distances (SL pips + TP1…TP5 pips)
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Enter LOT
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Enter SL
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Enter TP1…TPN
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If you leave TP4/TP5 empty, the manager will only use up to the last filled TP.
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Press BUY or SELL
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The manager will:
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send the order with SL and the last TP to the broker
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manage the intermediate TP levels internally (partial closes)
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draw SL/TP lines on the chart
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How Positions Are Closed (Important)
BlueEdge uses a multi-TP partial close plan. Only the last TP is sent to the broker as the official TP price; the other TPs are managed by the EA.
Trigger condition
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For BUY: a TP is considered reached when Bid touches/above the TP level
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For SELL: a TP is considered reached when Ask touches/below the TP level
Close plan (built-in default scheme)
Depending on how many TPs you filled (N), the manager closes these percentages of the original volume:
N = 1
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TP1: 100%
N = 2
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TP1: 30%
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TP2: 70%
N = 3
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TP1: 20%
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TP2: 20%
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TP3: 60%
N = 4
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TP1: 10%
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TP2: 20%
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TP3: 30%
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TP4: 40%
N = 5
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TP1: 10%
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TP2: 10%
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TP3: 20%
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TP4: 20%
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TP5: 40%
Rounding / broker volume step handling
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The EA builds a step-compatible close plan so it respects the symbol’s lot step (e.g., 0.01).
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At the final TP, the EA closes the remaining position completely with a full close to avoid “stuck remainders”.
Safety alerts
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If your LOT is too small for the selected TP scheme (because of broker min lot/step), the EA shows an Alert recommending a higher lot or fewer TP levels.
Anti-spam protection
If the broker returns “too many requests”, the EA activates a short cooldown before trying again.
What Trades Does It Manage?
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The EA manages positions on the current chart symbol.
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It uses a Magic Number, so it focuses on positions opened by this manager (recommended).
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Works on Hedging and Netting accounts (MT5). Netting accounts naturally have only one position per symbol.
Inputs (Settings)
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Magic Number – identifies positions opened by this EA
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Slippage (points) – max deviation for market orders
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Manage interval (ms) – management timer frequency
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Cooldown after “too many requests” (ms) – throttling delay
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Click cooldown (ms) – minimum time between BUY/SELL clicks
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Panel position/size – X, Y, width, height
Notes / Disclaimer
Trading involves risk. This product is a manual trade manager, not an automated strategy and not financial advice. Results depend on your broker’s conditions (spread, stop level, execution, lot step) and your own decisions. Always test on a demo account first.
