Stopline Trade Manager EZ MT4
- Utilities
- Version: 1.2
- Updated: 10 October 2026
Your entry. Your exit. Your way.
Stopline Trade Manager EZ is a free, compact trade panel for traders who choose their own entries and want every order sized from the risk they set and the stop they place. Drag the stop line to where your stop belongs: the lot, the money at risk and the reward-to-risk ratio update while you drag. Press Buy or Sell, or drag the entry line away from the price and the order becomes a stop or limit order. After the entry, every step stays in your hands, one press at a time.
Plan and place the trade
- Lot size from your risk and the stop distance, with 9 risk bases: a fixed amount, or a percent of balance, equity, free margin or another base you choose.
- Position size worked out from the tick value your account actually books, never rounded above your risk.
- Reward-to-risk lock: move the stop and the target keeps your ratio.
- Market, stop and limit orders, plus stop-limit orders, which MetaTrader 4 does not have: the Expert Advisor holds the stop-limit order and places the limit order when the stop price trades.
- Up to 5 take-profit levels per trade, each closing its own share of the lot.
- A confirmation with lot, risk, stop and target before anything is sent, or one-click trading if you prefer.
Manage your positions
- Close the buys, the sells, everything, or a percentage of each position.
- Remove the stop loss or the take profit, delete the pending orders, or move the stop to breakeven now.
- Tick positions in the list and these buttons act on those only.
- A label for each position on the chart, with a menu to close, close half, move the stop to breakeven or remove the stop loss or take profit.
Alerts, limits and the window
- Price alerts placed with one key at the mouse, by pop-up, sound, push notification and e-mail.
- Guards set in the inputs: daily loss limit, maximum open trades, maximum exposure per symbol, spread limit, lot limit and a free margin check.
- Configurable hotkeys, hover hints on every control, presets, and settings saved per symbol.
- 9 languages, 4 themes plus high contrast, 4 panel sizes and a minimized toolbar with Buy, Sell, Place, Close and Lines.
What it is not
Stopline Trade Manager EZ does not generate signals, predict prices or open trades by itself. It has no trailing stop, no automatic partial close or breakeven, no virtual orders or hidden stops, no statistics and no screenshots. Stop-limit orders exist only while the terminal is running and connected. It manages only its own trades unless you choose otherwise, so it can run next to your other Expert Advisors. For MetaTrader 5 there is a separate product, Stopline Trade Manager EZ MT5. If you would rather have those exits run by themselves, that is the job of EZ's bigger sibling, Stopline Trade Manager, a separate product; EZ is built for traders who manage every exit by hand.
Requirements
- MetaTrader 4 and any symbol your broker offers: forex, metals, indices, stocks and crypto CFDs.
- AutoTrading enabled and Allow live trading ticked. Push and e-mail alerts use the terminal's own notification settings.
- On a Mac: MetaTrader 4 for macOS from MetaQuotes (macOS 11 or later, Intel and Apple silicon).
- No DLL, no internet connection of its own and no external licence check.
Support and updates
The manual, with every control, input and hotkey, is in the Stopline Trade Manager EZ blog post, and answers to common questions are in the first post of the Comments tab. Ask there or send a private message on MQL5: every question is answered within 24 hours. Please include your MetaTrader 4 build, the symbol and the lines from the Experts tab. Updates are free and listed in What's new.
Trading on margin carries a high level of risk and can lose more than you expect; Stopline Trade Manager EZ is a tool for placing and managing your own trades and gives no signals, advice or promise of results.
