Trade Manager MT5 Partial Close RR
- Utilities
- Version: 4.11
- Updated: 12 October 2026
- Activations: 20
Advanced Risk/Reward Trade Manager for MT5 with 15 Independent Management Levels, Automated Partial Closes and Progressive Stop Loss Control.
Manual entries. Rule-based trade management.
SmartTrail is a trade-management utility for MetaTrader 5. You choose when to enter a trade and where to place the initial Stop Loss. SmartTrail then manages the open position according to your risk/reward (R) levels: moving Stop Loss, applying optional partial closes and closing the position at a defined final R target.
It does not generate trade entry signals. Outside Strategy Tester, it does not open new trades automatically.
HOW IT WORKS
The initial distance between entry and Stop Loss defines 1R. Configure up to 15 independent management levels. For each enabled level, specify:
- The R threshold that activates the level
- The new Stop Loss position, measured in R
- An optional percentage of the position to close
For example, you can reduce the original risk by moving Stop Loss to -0.5R, move it to breakeven at a later threshold, then move it into positive R. You decide which levels are active and when they trigger.
WHAT IS INCLUDED
- Up to 15 configurable R-based Stop Loss management levels
- Optional partial closes at individual R thresholds
- Break-even and positive-R Stop Loss progression
- Negative-R Stop Loss adjustments to reduce initial exposure
- Separate final closing threshold in R
- Optional automatic initial Stop Loss based on a percentage of account balance (off by default)
- Detection of manually adjusted Stop Loss levels, with optional R recalculation
- Management of multiple positions and symbols, subject to position filters and platform conditions
- On-chart current R information and next management-level display
- Show/hide controls for chart information
INITIAL STOP LOSS
To calculate R, each managed position needs an initial Stop Loss. Either place your Stop Loss when you open the trade, or intentionally enable the Auto SL input. With Auto SL disabled and no Stop Loss, R-based management cannot begin.
PARTIAL CLOSE
Partial close percentages are set to 0% by default, so you must configure a nonzero percentage to activate the feature. The amount actually closed depends on minimum trade volume, volume step and execution rules of your broker. Some percentages may be too small for a given position size.
TEST BEFORE BUYING
Use the MQL5 demo in MetaTrader 5 Strategy Tester with Visualization enabled. The built-in tester demonstration can open an example BUY or SELL with an initial Stop Loss, so you can observe how the management levels work on historical prices. The demonstration controls operate only in Strategy Tester. Reaching an R target depends on market price movement, and not every level will be reached in every test.
QUICK START
1. Attach SmartTrail to an MT5 chart and enable algorithmic trading.
2. Set the R thresholds, Stop Loss targets and any desired partial-close percentages.
3. Open a trade manually with an initial Stop Loss, or enable Auto SL deliberately.
4. Keep the terminal running to allow ongoing trade management.
### See Advanced Risk Management in Action — Try the Demo
SmartTrail gives you precise control over your trades with **15 configurable Risk/Reward (R) management levels**, progressive Stop Loss adjustments and automated partial closes.
**Try this example in MT5 Strategy Tester:**
Open the EA settings (Inputs) and configure Level 1:
* **Detect manually moved SL:** `true`
* **Automatically put SL:** `false`
* **N1 - Enable:** `true`
* **N1 - If reaches in R:** `0.8`
* **N1 - Move SL to R:** `-0.4`
* **N1 - Take partial of volume:** `20.0`
**What happens at +0.8R?**
SmartTrail attempts to:
* Close 20% of the open position to realize partial profit.
* Move the Stop Loss on the remaining position to -0.4R, reducing its original price-based risk by 60%.
* Continue managing the remaining position according to your configured levels.
**You control the entry. SmartTrail manages the exit plan.**
Download the demo and explore progressive risk management, partial closes and the other configurable levels in MT5 Strategy Tester.
*Execution depends on broker volume requirements, Stop Loss restrictions and market conditions. This example illustrates functionality, not guaranteed results.*
IMPORTANT NOTES
This is a trade-management tool, not an entry strategy or a signal generator. It does not guarantee profits, fills or compliance with a specific prop-firm's rules. Broker execution conditions, valid Stop Loss distances, tradable volume increments and terminal connectivity can affect operations. Test your configuration on a demo account before trading live.
