TradeCoach Trade Distribution System

TradeCoach: Trade Panel, Position Sizing and Risk Manager for MT5

What it is:

TradeCoach is a trade panel, risk calculator and trade copier for MetaTrader 5. It manages trades from your own orders, your EAs and Telegram signal rooms in one place, and it can copy the trades you choose to other accounts.

Trade Panel and Position Size Calculator:

The drag-and-drop SL/TP measurer shows your lot size, risk/reward ratio and the dollar value of the trade before you place it. BUY and SELL are one click. Risk per trade is set as a fixed dollar amount or a percentage of balance, and the panel includes a trailing stop and partial close. You can also set limits on lot size, margin use and the number of open trades.

Risk Manager:

Set a daily profit target and a daily drawdown limit, shown as percentages that reset each day. When a limit is reached, supervised trades are closed and trading can be locked until the next day. An account-wide cap controls the number of open trades and the number of trades per pair.

EA Manager:

Every trade source is tracked by its magic number, and each source has its own switches: S closes its trades at the daily limits, C copies them, H halts them and T trails them. The stats report ranks your sources and shows equity curves, so you can compare each EA, each Telegram room and your own manual trading. The H switch stops new trades only for EAs that include the TradeCoach file. Other EAs can be closed at the daily limit but cannot be halted.

Telegram Signals:

TradeCoach turns signals from free and paid Telegram rooms into MT5 trades, including rooms where you are only a member. Each room gets its own magic number, risk checks and stats. Signals with a missing, wrong-side or too-tight stop are rejected, and the reason is logged. The Telegram companion app for Windows is included and reads your rooms and passes the signals to MT5. The rest of TradeCoach works without it.

Trade Copier:

The copier is a local multi-account copier that runs between MT5 accounts on the same PC or VPS. It copies only the sources you switch on. Lot sizing can match the source, use a fixed ratio, use a balance ratio or use fixed lots. SL/TP changes and partial closes are mirrored. Copier_Receiver runs on each receiving account, and receiving accounts must be hedging accounts.

For EA Developers:

To make your EA TradeCoach compliant, add the include file and two lines of code. A compliant EA can be halted from the panel, is counted in the stats while it runs, shows a live connection status, respects the account-wide open-trade cap, and triggers a warning if its magic number collides with the panel’s. You can also use Stats and the panel to compare a new EA against your earlier ones.

Notes:

All inputs can be found in the Instruction Manual. The manual and all other extra necessary programs can be found in the Resources Page.

TradeCoach does not generate signals or promise results. It sizes, limits, routes and reports on the trades you give it. Trading involves risk of loss.

Tags: Trade Panel · Position Sizing · Risk Manager · Trade Copier · Trailing Stop · Telegram Signals · EA Manager · Drawdown Limit · Money Management · Trade Assistant