TW Position Guardian MT5

TW Position Guardian MT5 is a powerful MT5 Trade Management EA designed to manage existing positions with advanced risk-control and profit-protection features. It does not open trades or use a trading strategy on real or demo accounts; its sole purpose is to intelligently manage positions opened manually or by other Expert Advisors.

The EA can be used with all currency pairs and trading instruments. Before using it on a live account, it is recommended to configure and optimize the settings for your selected instrument using a demo account or the MT5 Strategy Tester.

TW Position Guardian MT5 can be used to manage your own manual trades, positions opened by other Expert Advisors, or trades taken with the help of indicators. I personally use this MT5 Position Management EA to manage and protect my own trades.

1. Advanced Position Management

1.1 Partial Close at Custom Profit Levels

As a Partial Close EA MT5, it automatically closes a customizable percentage of an open position when predefined profit levels are reached, helping secure profits while allowing the remaining portion of the trade to continue running.

1.2 Hidden Stop Loss

The Hidden Stop Loss EA MT5 feature manages the Stop Loss internally rather than placing the Stop Loss level directly on the broker's server.

1.3 Multi-Level Trailing Stop

The Multi Level Trailing Stop MT5 system provides flexible, multiple profit levels, allowing different trailing rules to be applied as a position moves into profit.

1.4 Works With Manual Trades and Other EAs

This MT5 Position Management EA is designed to manage both manual trades and positions opened by other Expert Advisors, with Magic Number filtering for precise position selection and management.

1.5 No Trading Strategy – Pure Trade Management

TW Position Guardian MT5 does not analyze the market or generate trading signals. It is a pure MT5 Trade Management EA focused entirely on managing existing positions, without opening new trades on live or demo accounts.

1.6 Strategy Tester Support

In the MT5 Strategy Tester, the EA opens Buy positions only so traders can test and evaluate its position-management performance. On real and demo accounts, it does not open any trades and only manages existing positions.

2. Recommended Use & Setup

2.1 Optimize Before Live Trading

Because market conditions and price behavior can vary between instruments, configure and test the EA for the specific symbol you intend to trade before using it on a live account. Use a demo account or the MT5 Strategy Tester to find suitable settings and verify the management behavior.

2.2 Flexible Trade Management

Use TW Position Guardian MT5 as a standalone MT5 Position Management EA for manual trading, or alongside other Expert Advisors and indicators when you want an additional layer of automated position management.