Trade Manager FX MT4

Trade Manager FX – Risk Calculator, Trade Panel and Trade Management for MT4

Trade Manager FX is an all-in-one trade panel for manual traders. Plan your trade on the chart, let the panel calculate the correct lot size for your risk, and send it with one click. After entry, it manages the position for you with break even, trailing stop, partial closes and equity protection.


Drag the Entry, Stop Loss and Take Profit lines on the chart. Every line shows its distance in pips, the money at risk or the profit, the % of balance and the R:R in real time. Place the entry with a click on the chart, type the exact price, or let it follow the market. Pin the SL/TP so they keep their price when you move the entry, or lock them so they cannot be moved by accident.

Position size and order entry

• Lot size from fixed lot, fixed money risk, % of balance or % of equity
• Commission included in the calculation, entered by hand or detected automatically from your history
• Visual warning when the risk is above your acceptable limit
• R:R lock: TP = SL x R automatically
• Default SL/TP from the last distances used, fixed pips or ATR multiples
• Market, limit and stop orders from the panel, the lines or hotkeys
• Lines placed at the click point or over/below the clicked candle
• Large lots split automatically into several orders
• Spread compensation for SL/TP and automatic SL/TP correction after slippage

Stealth and advanced orders

• Virtual (hidden) Stop Loss and Take Profit, with an optional emergency real stop
• Virtual pending orders, kept by the EA and not visible to the broker
• Trailing pending orders that follow the price
• Limit Pullback Order (LPO)
• One-Cancels-Other (OCO) for groups of pending orders
• Convert any SL, TP or pending order between virtual and real with one click

Automatic trade management

• Break even with activation and lock in pips, R, % or price
• Multi-level break even (4 levels)
• 7 trailing stop modes: fixed distance, ATR, multi-level, swing highs/lows, moving average, Parabolic SAR and follow the partial close levels
• Partial close at up to 4 profit levels and 4 loss levels, sized in % or lots
• Per-trade settings: every trade can have its own break even, trailing and partials, edited from its own panel
• Info bar on every trade with live P/L, draggable SL/TP/entry handles and quick actions

Manual management

• Close all, profitable, losing, buy or sell positions with one click
• Delete all, limit or stop pending orders, real and virtual
• Move SL to break even for every position, or to one common volume-weighted break even (shown as a zone when buys and sells are mixed)
• Close part of every position, reverse a position, close part of a single trade

Account protection

• Equity guard: close everything at a profit target or a maximum loss (money, % of balance or absolute equity level), for the current symbol or the whole account
• Account panel with progress bars toward your targets

Trades opened outside the panel (mobile, web, other EAs)

• Automatic default SL/TP for trades opened without them
• Automatic lot resizing of mobile trades to your risk settings
• Manage all trades or only those with your magic number

Market sessions and economic news

• Sydney, Tokyo, London and New York session boxes and strip, with automatic summer time
• Economic news lines on the chart with forecast, previous and actual values, filtered by impact and currency
• News sources: Forex Factory or Investing.com (allow their address in Tools > Options > Expert Advisors)
• Alerts before each news release

Comfort and customization

• 15 languages: English, Русский, 中文, Español, Português, 日本語, Deutsch, 한국어, Français, Italiano, Türkçe, हिन्दी, Bahasa Indonesia, Tiếng Việt, ไทย (in MT4, each language is available when Windows uses it for non-Unicode programs)
• Dark and light theme with one click
• Collapsible sections, movable and minimizable panel
• Templates with favourites to switch your settings instantly
• More than 30 configurable hotkeys
• Editable line texts with tags ({lot}, {pips}, {money}, {rr}...)
• Alerts by popup, e-mail and push notification for opened, closed, filled and deleted orders
• Works on custom charts (Renko, range bars, etc.) through a base symbol

Trade Manager FX does not open trades on its own: you keep full control of every decision, and the panel handles the calculations and the routine management.

Free demo available. Try it in the Strategy Tester before buying. For questions or suggestions, contact me through MQL5 private messages.