LayerPro Trade Manager Plus
- Utilities
- Version: 4.40
- Activations: 5
LayerPro Trade Manager Plus is a trading panel for MetaTrader 5 for traders who enter with several orders (layers). It calculates the lot from your balance and risk, opens all layers in one click and manages one Stop Loss and one Take Profit for all of them.
Set the risk once, place SL and TP by typing a price or dragging a line, and click BUY or SELL. After the entry the same panel shows the floating P/L, the live R and the basket break-even price, and lets you take partial profit or move the stop of all layers at once. LOT CALCULATOR
- Risk % of balance or equity: the total risk of all layers equals your setting. - Lot per balance step (for example 0.01 lot for every 100 of balance) or a fixed lot. - The lot is recalculated from the current balance on every order (compounding) and rounded down to the broker lot step. - The NEW ORDER card shows lot per layer, risk, reward and RR before you trade.
MULTI-LAYER ORDERS - 1 to 20 layers in one click: Market BUY / SELL, Buy Limit, Sell Limit, Buy Stop, Sell Stop. - Layer spacing in points, toward the SL (averaging) or toward the TP (pyramiding). - Preview lines show where every layer will be placed. - Pending orders are checked against the market side and the stops level, with optional expiry.
ONE STOP LOSS AND ONE TAKE PROFIT - Type a price or drag the red and green lines on the chart. - Auto Sync: moving a line modifies all open positions and pending orders. - SET buttons for manual control when Auto Sync is off.
AUTO TP FROM SL
The 1 : 1.5, 1 : 2 and 1 : 3 buttons place the TP at a multiple of the SL distance, measured from the average entry of all layers. While a button is active, the TP follows when you move the SL. The three values can be changed in the inputs.
BASKET BREAKEVEN AND TRAILING STOP With several layers, the SL of all layers moves to one price where the total P/L of the basket is 0 (swap and entry commission included), plus a buffer. This price is used by the BREAKEVEN button, Auto breakeven and the Trailing stop, and is shown in the panel and as a yellow dotted line on the chart. A per position mode is also available.
PARTIAL TAKE PROFIT CLOSE X% closes the chosen percent of every position immediately. Example: 0.10 lot at 50% closes 0.05, and 0.05 keeps running. With the orange TP1 line the partial close happens automatically when price reaches it, and the SL of the remaining volume can move to break-even.
POSITION MONITOR AND PANEL - Floating P/L, live R (starts at 0R at entry) and a progress bar from SL to TP. - Risk at SL and reward at TP calculated from the entry price. - Balance, equity and today's result. - TRADE and SETTINGS tabs. The panel can be collapsed to one header line that still shows P/L and R. - Panel position, tab and values are remembered per chart.
QUICK START 1. Attach the panel to a chart and enable Algo Trading. 2. Enter your risk % and the number of layers. 3. Type or drag SL and TP, or set the SL and click 1 : 2. 4. Check lot, risk, reward and RR in the NEW ORDER card. 5. Click BUY or SELL, or set an ENTRY price and click a Limit or Stop button. 6. Manage the trade with the lines, CLOSE 50%, TP1, BREAKEVEN or CLOSE ALL.
INPUT PARAMETERS - Money management: lot mode, risk %, balance step, lot per step, fixed lot, use equity. - Layers: default layers, spacing, direction, maximum layers, default SL and TP distance. - Auto TP and Partial TP: values of the RR buttons, partial percent, breakeven after TP1, TP1 line colour. - Protection: trailing stop and step, auto breakeven, breakeven mode and buffer, break-even line, pending expiry, maximum spread. - Execution and display: magic number, slippage, manual trades, Auto Sync, close confirmation, panel position, line colours.
NOTES - The panel works on the symbol of its chart. It manages orders with its magic number and, if enabled, manual trades of that symbol. Other symbols are not touched. - Works on hedging and netting accounts, for Forex, metals, indices and other CFDs. - Automatic functions work while the terminal is running with the panel attached. - The panel does not open trades by itself and does not predict the market. - In the Strategy Tester (Free Demo) MetaTrader does not pass chart clicks to Expert Advisors, so buttons and line dragging work only on a live or demo account.
