Nexus Trade Manager
- Utilities
- Version: 6.80
- Activations: 5
Nexus Trade Manager is a chart-based trading panel for MetaTrader 5. It provides manual order execution, position management, and trade visualization tools directly on the chart.
Order Execution
- Buy and Sell buttons with three execution modes: Market, Bid Limit, and Ask Limit
- Click-to-Trade toggle: when active, a left-click on the chart places a pending order at the clicked price
- Visual R/R tool: draggable horizontal lines for entry, stop loss, and take profit; one button click submits the order
- The EA automatically chooses between market and pending order types based on the relationship between the entry price and current Bid/Ask
Stop Loss and Take Profit
Five input modes are available for SL and TP, selectable per side:
- Points
- Pips
- Dollar amount (the EA converts the dollar value to price distance based on lot size and instrument tick value)
- ATR multiplier, with a separate timeframe selector for the ATR indicator
- Risk-to-Reward ratio (TP only, expressed as a multiple of the SL distance)
Position Sizing
- Fixed Lot mode with three configurable preset values
- Risk-Based mode: the user enters a dollar amount, and the EA calculates the lot size from the SL distance and instrument tick value
- Lot values are clamped to the broker's SYMBOL_VOLUME_MIN, MAX, and STEP before each order
Trade Management
- Breakeven: moves SL to entry price plus a configurable offset once price reaches a configurable trigger
- Trailing Stop: adjusts SL as price moves in the position's direction
- Smart Cancel button: a context-aware action button that cancels pending orders, removes SL/TP, or closes open positions depending on the current chart state
- Reverse Position: closes all current positions on the symbol and opens an opposite-direction position with the same volume
Economic Calendar
- Uses the built-in MetaTrader 5 Economic Calendar
- Shows upcoming events for the next seven days for the account currency
- Three impact filter levels: All events, High and Medium impact, High impact only
Information Display
- Day P&L: calculated from server-side trade history (closed deals from server-midnight to now, plus floating P&L on open positions)
- Live spread display, in pips
- Candle countdown timer for the current chart timeframe
- Hover preview: hovering the Buy or Sell button draws the prospective entry, SL, and TP lines on the chart with an SL/TP zone overlay
Technical Notes
- Each position-management loop filters by both the symbol and the EA magic number, so the panel does not interfere with positions opened by other EAs on the same account
- SL and TP prices are validated against SYMBOL_TRADE_STOPS_LEVEL before submission and adjusted to the broker's tick size
- Panel state (selected modes, values, and preferences) is persisted per chart through GlobalVariables and reloaded on EA reattachment
- The Day P&L baseline is account-aware and survives logout, login, and account switching
Inputs
The EA accepts standard inputs for panel position and width, default lot size, preset lot values, risk dollar amount, breakeven trigger and offset, trailing stop distance, and ATR period. The on-chart panel exposes the most frequently used parameters as interactive controls.
Intended Use
The product is a discretionary trading tool. It does not generate trade signals and does not place orders without user input. The Strategy Tester does not exercise the panel's main functionality because no user clicks occur during automated testing.
