Partial TP Manager
- Utilities
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Daniel Vargas
Trader and programmer interested in developing tools for MetaTrader 5. I focus on creating simple solutions that help improve trade management and execution. - Version: 1.0
Partial TP Manager
Partial TP Manager is a free utility for MetaTrader 5 that lets you manually close a portion of your trade when the price reaches a level you define, while keeping the rest of the position open. Everything is managed directly from the chart: you create the levels, drag them, and specify what percentage of the position to close at each one.
The idea is simple: secure part of the profit without exiting the trade.
Simple example
You have a trade with 100 USD of floating profit and you want to withdraw 25 USD without leaving the trade.
You set a partial take profit level with 25% of the position.
When the price touches that line, the utility closes 25% and secures approximately 25 USD.
The remaining 75% stays open, now with less money at risk and the profit already partially secured.
You can repeat this at several levels: for example, 25% at TP1, 25% at TP2 and 25% at TP3, letting the rest run.
Approach
Designed for discretionary traders who open their entries manually and want clear, precise exit management.
The utility does not open trades: it only manages the ones you already have open.
Main features
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Up to 8 partial take profit levels per symbol
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Draggable TP lines directly on the chart
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Configurable percentage of the position to close at each level
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Automatic partial close when the price touches the line
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Works with multiple manual trades
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Compact, movable and easy-to-use panel
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Add, edit or delete levels with one click
How it works
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Attach the utility to the chart of the symbol you trade.
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Open your trade manually.
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Press ADD NEW to create a take profit level.
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Enter the price (or drag the line) and the percentage to close.
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Press Set to activate it. Use Edit to modify it or Del to delete it.
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When the price touches the line, the utility closes the selected percentage.
Visual
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Panel integrated into the main chart
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Visible lines that are easy to move
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Clean design, no unnecessary elements
Requirements
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MetaTrader 5 (netting and hedging accounts)
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Algorithmic trading enabled in the terminal
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Terminal open and connected, with the chart open
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VPS recommended for greater stability
Considerations
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It is not a robot: it does not open trades on its own
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It works on the symbol of the chart it is attached to
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Partial closes are executed by the utility, they are not pending orders on the server
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The closing volume is adjusted to the symbol's minimum lot and volume step; in very small positions, some levels may not be divisible
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Execution depends on the market, spread and slippage, so the closing price may differ from the line
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The secured amount in the example is approximate and depends on the actual closing price
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It is recommended to test it first on a demo account
Risk warning
Trading involves risk. This utility is a position management tool and does not guarantee profits.
Support
Comments and suggestions are welcome in the comments section. If you like the tool, leave a review. Check out my other products for more tools to improve your trading.
