PEN Trade Manager

PEN Trade Manager is a professional trading, position management, and risk control tool designed for MetaTrader 5.
Its main purpose is simple: help traders plan a trade visually, calculate risk accurately, execute orders quickly, and manage open positions from one clean interface.
At the center of PEN Trade Manager is the PEN system — a visual trading tool that allows you to place and adjust your Entry, Stop Loss, and Take Profit directly on the chart. Instead of calculating levels manually, simply move the PEN and the EA automatically updates risk, position size, and Risk/Reward information in real time.
Multiple PENs can be created at the same time, allowing you to prepare several independent trading scenarios before entering the market.

Only five copies are available at the special price of $35. The final price will be $150


Visual Trade Planning

Create a PEN directly on the chart and visually adjust:
  • Entry Price
  • Stop Loss
  •  Take Profit
  •  Risk/Reward
  • Trade Direction
  •  Position Size
PEN automatically detects whether your planned entry should be executed as a Market, Buy Limit, Buy Stop, Sell Limit, or Sell Stop order.
This makes it possible to move from trade analysis to execution without repeatedly entering prices manually.


Advanced Risk Management

PEN Trade Manager provides several position-sizing methods:
  • Fixed Lot
  • Risk % of Equity
  •  Fixed Cash Risk
Position size is calculated using the actual Entry and Stop Loss levels and the trading specifications of the selected symbol.
The Risk Lock system adds another layer of protection by controlling the maximum allowed trading risk. When additional exposure is added, the EA can recalculate risk and help keep the position within the configured risk limit.
This risk management system can also monitor trades opened outside the EA.


External Trade Management

Trades do not have to be opened directly through PEN Trade Manager.

The EA can detect and manage positions opened from:

  • MetaTrader 5 Mobile
  • MetaTrader Web Terminal
  • Another MT5 terminal
  • Manual trading
  • Other external sources
This allows PEN Trade Manager to remain active on your main MT5 terminal or VPS while you continue trading from another device.


Pending Order Management

PEN can also be used to prepare and place pending orders directly from the chart.

Supported order types include:

  • Buy Limit
  •  Buy Stop
  • Sell Limit
  • Sell Stop
Break Even and Trailing Stop settings can be prepared before the pending order is triggered. Once the pending order becomes a position, its protection settings can automatically continue with the new trade.


Position Management

PEN Trade Manager includes dedicated tools for managing individual positions.

You can configure:

  •  Break Even
  •  Trailing Stop
  •  TP1 / TP2 / TP3
  •  Partial Close by percentage
  • Partial Close by volume
  •  Profit Target in account currency
  •  Profit Target by percentage
Each position can have its own independent management settings, allowing multiple trades on the same symbol to use different strategies.


Fast Trade Management

Frequently used actions are available directly from the main trading panel, including:
  • Buy / Sell
  • Move Stop Loss to Break Even
  • Close 50%
  • Close All
  • Close Profitable Positions
  •  Close Losing Positions
  • Delete Pending Orders

These tools are designed to reduce repetitive manual operations when managing several positions.

Multi-Symbol Management

PEN Trade Manager is not limited to the chart where the EA is attached.
The Manager and Protect systems can monitor positions across multiple symbols, allowing a single instance of the EA to manage trades from different markets.
It can be used with Forex, Gold, Indices, Commodities, Crypto and other instruments supported by your broker.

Designed for Practical Trading

PEN Trade Manager combines visual trade planning with automated risk and position management.
Whether you trade directly from your desktop, prepare pending orders in advance, or open positions from your phone while the EA runs on a VPS, PEN Trade Manager is designed to keep your trading workflow organized and your risk under control.
Plan the trade. Execute with precision. Manage the position. Protect the risk.

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Janitha Sandaruwan Amaradasa Wickramasingha Arachchilage
5 (5)
Utilities
Trade Copier Ultimate - Telegram to MT5 Signal Copier Trade Copier Ultimate automatically copies Telegram trading signals into MetaTrader 5. The EA can read signal messages, detect the symbol, order type, entry price, Stop Loss, Take Profit levels and selected update commands, then execute or manage the trade in MT5 using your lot and risk settings. It is more than a basic Telegram to MT5 copier. TCU also supports Bot API and user-account Bridge workflows, Discord signal routing, local MT5 to MT
Trade Indicator Assistant MT5
Mohamed Hassan
5 (1)
Utilities
Trade Indicator Assistant   is a powerful MT5 utility designed to turn indicators into automated trading systems. Its main feature is the ability to automatically detect an indicator’s   BUY and SELL signal buffers , without requiring you to know the buffer numbers, search through indicator settings, or modify the indicator source code. Bonus Indicator:   After purchasing Trade Indicator Assistant, contact me to receive   Trade Signal Pro   completely free as a bonus indicator. [Download Demo V
Premium Trade Manager
Daniel Stein
5 (5)
Utilities
Premium Trade Manager - The Trade Panel With a Coach Built In Premium Trade Manager puts a trading coach inside your chart, with a full execution engine underneath it. Set the trade up the way you always do, then let Max, your AI trading coach, read that exact setup against your live account and give you a straight verdict before you commit: is the stop disciplined, is the risk sane, is a high-impact release minutes away, are you near a prop-firm limit. Below sits the engine that runs everything
EA Overfitter
Stephen J Martret
5 (1)
Utilities
That backtest looks great. But will it still be making money tomorrow, next week, next month? EA Overfitter re-runs your EA on 100 price histories it has never seen. One score tells you if the edge is real. A backtest tells you what an EA did on one price history — the one that happened to occur. What you cannot tell from it is how much of that result was the strategy and how much was the particular path. EA Overfitter answers that. It builds up to 100 synthetic price histories your EA has n
Trade Manager Panel Pro MT5
VividMind Digital Solutions
5 (6)
Utilities
Message me after purchase to receive the complete manual kit + 3-day OpenAI API trial to test the AI features + Another bonus gift The current price is a limited discount for August Relaunch Update — secure your edition now before price go up. Next Price: $340 This is completely different from any trading panel you’ve tried or seen on the market. It’s one of the most innovative AI-powered trading panels available in the retail market right now. Imagine connecting   AI directly to your chart   —
Anchor Trade Manager
Kalinskie Gilliam
5 (9)
Utilities
Your EAs cannot see each other, but Anchor can. Anchor gives you one place to coordinate your EAs, manage risk, and decide when trading is allowed. It works alongside the trading bots you already use without any changes to them. The Problem One EA opens a trade. Then another starts trading. The next thing you know, you wake up to multiple grids built across your account. Each EA may be doing exactly what it was designed to do, but together they can place far more risk on your account than you in
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Quantum State
Van Hoa Nguyen
Experts
QUANTUM STATE – Trade the Market State, Not Just the Signal Markets are constantly changing. A setup that appears attractive in one environment may behave very differently in another. Quantum State was developed around this idea. Instead of relying on a single indicator or treating every trading opportunity equally, Quantum State evaluates each setup through multiple layers of analysis: Reversal Quality, Adaptive Market Regime, Directional Alignment and M15 Entry Confirmation. But analysis is on
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