AdvancedOrderManager

Advanced Order Manager is a professional order management tool for the MetaTrader 4 trading platform.

The Expert Advisor does not open trades independently but is designed for operational management of open positions and pending orders directly from the chart. The tool combines a convenient control panel with automatic position management functions, reducing the number of manual operations and minimizing emotional influence on trading decisions.

Key Features

📊 Order Management

  • Flexible order filtering by Magic Number:

    • -1  — work with all orders on the account

    • 0  — only manual orders (without Magic Number)

    • specific value  — orders of a particular Expert Advisor or script

  • Support for all order types: market and pending orders

  • Work with orders placed both manually and automatically

🎯 Core Functions

  1. Close all market orders with a single click

  2. Close positions by result with visual indication:

    • Green button color — profitable positions

    • Red button color — losing positions

    • Orange button color — neutral result

  3. Delete all pending orders with a single click

  4. Automatic breakeven with flexible settings

  5. Automatic closing upon reaching targets:

    • By account Equity value

    • By target profit

⚙️ Automatic Functions

  • Auto-breakeven — automatic Stop Loss movement to breakeven zone

  • Auto-close upon reaching set targets

  • Control for missing Take Profit with visual warning

🎨 User Interface

  • Customizable control panel directly on the chart

  • Flexible positioning in any of the 4 chart corners

  • Full customization:

    • Button sizes and positions

    • Color schemes

    • Font size

    • Button texts

🔊 Notifications

  • Sound notifications for important events

  • Visual warnings on the chart

  • Detailed statistics in the comment window

How to Use

Installation and Setup

  1. Install the Expert Advisor on any trading instrument chart

  2. Enable automatic trading (click "AutoTrading" button in terminal)

  3. Configure filtering parameters:

    • Select MagicNumber value to work with required orders

  4. Configure targets and automation:

    • Set target values for Equity and profit

    • Enable and configure breakeven function

    • Configure sound notifications

  5. Customize appearance:

    • Choose panel position on chart

    • Customize button colors and sizes

Using the Control Panel

The control panel provides three main buttons:

  1. CLOSE ALL — complete closure of all orders:

    • Market positions closed at current price

    • Pending orders deleted

  2. CLOSE MARKET — close only market positions:

    • Button changes color depending on result

    • Displays current profit/loss

  3. DELETE PENDING — delete all pending orders

Input Parameters

📋 Group 1: Trading Parameters

  • MagicNumber — order filter by magic number

  • EquityTarget — target account Equity value

  • ProfitTarget — target profit for open positions

🛡️ Group 2: Breakeven Settings

  • EnableBreakeven — enable/disable automatic breakeven

  • BreakevenAt — activation level (% of distance to TP)

  • BreakevenPadding — breakeven padding in points

🎨 Group 3: Button Positioning

  • Button_X_Offset — X-axis offset from chart edge

  • Button_Y_Offset — Y-axis offset from chart edge

  • AnchorCorner — anchor corner (0-top left, 1-top right, 2-bottom left, 3-bottom right)

📐 Group 4: Element Sizes

  • Button_Width — button width

  • Button_Height — button height

  • Button_Gap — distance between buttons

  • FontSize — font size

🔴 Group 5: "Close All" Button

  • CloseAll_BgColor — background color

  • CloseAll_TextColor — text color

  • CloseAll_Text — button text

🟢 Group 6: "Close Market" Button

  • CloseMarket_ProfitColor — color for profit

  • CloseMarket_LossColor — color for loss

  • CloseMarket_NeutralColor — neutral color

  • CloseMarket_TextColor — text color

  • CloseMarket_Text — button text

🔵 Group 7: "Delete Pending" Button

  • DeletePending_BgColor — background color

  • DeletePending_TextColor — text color

  • DeletePending_Text — button text

🔊 Group 8: Sound Settings

  • EnableSounds — enable/disable sounds

  • AlertSound — sound for alerts (use built-in terminal sounds: alert.wav, tick.wav, etc.)

  • CompleteSound — sound for operation completion

Advantages

⚡ Efficiency

  • Instant order management without searching in terminal

  • Automation of routine operations saves trader's time

  • Minimization of errors in manual management

🧠 Psychological Comfort

  • Elimination of emotional influence on decision-making

  • Clear adherence to position management rules

  • Stress reduction in volatile market conditions

🛡️ Safety

  • Does not interfere with opening logic of trades

  • Works in parallel with any trading strategies

  • Full compatibility with all MT4 versions

🔧 Versatility

  • Suitable for any trading strategies

  • Works on all timeframes

  • No additional libraries or files required

Technical Features

  • Only one EX4 file — no additional files needed

  • Secure code — no DLL calls or external dependencies

  • Fully customizable interface through input parameters

  • Optimized performance — minimal resource consumption

  • Detailed logging of all operations in terminal journal

Usage Recommendations

  1. Testing — test the Expert Advisor on a demo account before using with real funds

  2. Gradual implementation — start with small volumes

  3. Regular monitoring — monitor the work of automatic functions

  4. Strategy adaptation — adjust parameters according to your trading system specifics

Important: The Expert Advisor does not guarantee profit and requires a responsible approach to risk management. All trading decisions are made independently by the trader.


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News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
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Snapdragon Systems Ltd
5 (1)
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
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Leolouiski Gan
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This product filters all expert advisors and manual charts during news time. It is able to remove any of your EA during news and automatically reattach them after news ends. This product also comes with a complete  order management system that can handle your open positions and pending orders before the release of any news. Once you purchase The News Filter , you will no longer need to rely on built-in news filters for future expert advisors, as this product can filter them all from here onwards
Prop Guardian Risk Manager MT4 – Drawdown, Risk & Hedge Protection for Prop Firm and Managed Accounts Prop Guardian Risk Manager is a professional risk-control utility for MetaTrader 4, designed for prop firm traders, money managers and anyone who wants strict account-level risk protection. It does not generate trading signals, strategy entries or trading decisions. Instead, it runs in the background, monitors your account risk and can automatically block new exposure, close managed trades or ac
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Alfiya Fazylova
4.71 (17)
Grid Manual is a trading panel for working with grid strategies. The utility is universal, has flexible settings and an intuitive interface. It works with a grid of orders not only in the direction of averaging losses, but also in the direction of increasing profits. The trader does not need to create and maintain a grid of orders, the utility will do it. It is enough to open an order and the Grid manual will automatically create a grid of orders for it and will accompany it until the close. Ful
# Vyl Trade Manager — Full Documentation ## Short Description (for the Market product card) Vyl Trade Manager is a professional trading panel for MetaTrader 4 that automates risk-based position-size calculation and gives you instant access to all the trade-management tools you need. Forget manual calculations and complex formulas — one click to open a trade with the correct lot size, instant move-to-breakeven, partial profit-taking, and Stop Loss/Take Profit management right from the chart
Trading History MT4
Siarhei Vashchylka
5 (9)
Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experience
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
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Chukwuemeka Kingsley Anyanwu
5 (1)
Feel free to contact me for any extra features :) [SEE MT5 VERSION  https://www.mql5.com/en/market/product/128846 The Local Reverse Copier is an Expert Advisor designed to synchronize positions between a Master account and a Slave account with a twist: it reverses the trades. When a buy position is opened on the Master account, the EA opens a sell position on the Slave account, and vice versa. This allows for a unique form of trade copying where positions are mirrored in opposite directions bet
Lot Architect MT4
Do Thi Phuong Anh
Lot Architect — Trade Panel and Position Size Calculator for MT4 Lot Architect is a trade panel and risk-based position size calculator for MetaTrader 4. It helps calculate lot size from the selected risk, displays trade parameters before entry, and supports Market, Limit and Stop orders from the chart. The utility is designed for traders who want a structured workflow for position sizing, stop-loss placement, take-profit planning and order execution. Purpose Before opening a trade, a trader nee
Trade Dashboard MT4
Fatemeh Ameri
4.96 (54)
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
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