Trailing Stop Manager Basic

Trailing Stop Manager Basic — Free Trailing Stop EA (MT5)

Trailing Stop Manager Basic is the free version of Trailing Stop Manager PRO. This MetaTrader 5 Expert Advisor automates fixed-pip trailing stop management, break-even, and 1-level partial close across all open positions on your account. It works with manual orders and orders generated by any other EA.

The tool includes a professional visual dashboard identical to the PRO version — daily statistics, real-time P&L, position status, and interactive controls.

A free PDF user guide is available on request: send me a private message via MQL5 after download to receive it. The guide covers full configuration, best practices per instrument, and recommended settings.

Included features (free)

  • Fixed-pips trailing stop with configurable distance and step.
  • Automatic break-even with configurable safety margin.
  • 1-level partial close (pip trigger + close percentage).
  • Position filters: direction (Buy/Sell), single symbol, MagicNumber.
  • Session filter (server time) with overnight support.
  • State persistence: ON/OFF status kept across MT5 restarts.
  • Terminal alerts on key events.

Integrated premium dashboard

  • Displays active mode, floating P&L, trailed/pending position counts.
  • Daily statistics: Day P&L, BE Locks, TP Hits.
  • Interactive buttons: ON/OFF (persisted state), CLOSE ALL (double-click confirmation).
  • Draggable header, automatic DPI scaling (4K compatible), educational tooltips.
  • Chart visuals: profit zone, SL line, TP level, mini-panel per trade.

Main parameters

TRAILING STOP
EnableTrailing, TrailingStopPips, TrailingStepPips

BREAK-EVEN
EnableBreakEven, BreakEvenPips, BreakEvenExtraPips

PARTIAL CLOSE (1 level)
EnableTP, TP_Pips, TP_ClosePercent

SESSION FILTER
EnableSessionFilter, SessionStartHour, SessionEndHour

POSITION FILTERS
TrailBuyOnly, TrailSellOnly, TrailSymbol, MagicFilter

ALERTS
EnableAlerts

DASHBOARD
ShowDashboard, DashboardX, DashboardY, DashWidth, DPIScaleOverride, DashFontBoost

Usage

  1. Copy the .ex5 file to the MQL5/Experts folder and restart MT5.
  2. Drop the EA on any chart (any symbol and timeframe).
  3. Enable trailing and set the pip distance for your instrument.
  4. Optional: enable break-even and partial close.
  5. Optional: filter by direction, symbol, or MagicNumber.
  6. Monitor the dashboard and use ON/OFF and CLOSE ALL buttons as needed.

Compatibility

  • Platform: MetaTrader 5 (Expert Advisor).
  • Account types: Hedging and Netting.
  • Inputs: manual orders and orders generated by any third-party EA.
  • Markets: Forex, indices, metals, crypto and other instruments offered by your broker.
  • Display: automatic DPI scaling (FullHD to 4K).

FAQ

Does the EA act on pending orders?
No, only on open positions.

Can I manage multiple symbols?
Yes — leave TrailSymbol empty to manage all positions on the account, or set a single symbol to target.

Can Break-Even and Trailing work together?
Yes. Break-even kicks in first, then trailing takes over.

Is ON/OFF status kept after MT5 restart?
Yes, via GlobalVariables.

PRO version — advanced features

A Trailing Stop Manager PRO version is available on MQL5 Market with the following additional features:

  • 6 trailing modes instead of 1 (ATR, Chandelier Exit, Moving Average, Parabolic SAR, Candle High/Low in addition to Fixed Pips).
  • 3-level cumulative partial close (TP1/TP2/TP3) instead of one.
  • Profit Lock: locks a percentage of the peak profit reached.
  • Equity Drawdown Protection dedicated to Funded Accounts (daily and overall limits, auto-close).
  • Telegram alerts on phone via WebRequest (BE, TP, Profit Lock, Basket, DD).
  • Virtual SL: trailing stop hidden from the broker.
  • Basket Close: account-wide profit target / loss limit.
  • 5 Risk Presets in one click: Custom, Scalper, Day Trader, Swing, Funded Account.
  • Anti-Spread filter and CSV multi-symbol / multi-MagicNumber filters.

Search for "Trailing Stop Manager PRO" on MQL5 Market.

Risk disclaimer

Trading carries a high risk of loss. This Expert Advisor automates trailing stop and certain position management actions, but guarantees no result. Always test your configuration on a demo account before live use. Never invest money you cannot afford to lose.

Changelog

  • v1.00 — Initial version: Fixed Pips trailing, break-even, 1-level partial close, basic filters, session filter, premium dashboard with drag & DPI, state persistence.

Keywords

Trailing Stop, Trailing Stop EA, Free Trailing Stop, Break-Even, Partial Close, Trade Manager, Position Manager, Risk Management, Dashboard, MagicNumber Filter, Expert Advisor, MT5, Free EA.

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