TradeManager Pro RR Partial TP and Trailing
- Utilities
- Version: 3.20
- Activations: 5
Trade Manager · Partial Close · Break Even · Trailing Stop · Risk/Reward (R:R) · Stop Loss Manager for MT5
TradeManager Pro takes care of your open positions so you don't have to. It does not open trades by itself. It manages trades you open manually, from your phone, or with any other Expert Advisor – and applies your risk rules consistently, tick by tick.
Why traders use it
- Every trade gets a stop loss – automatically.
- Profits are secured in steps with partial take-profits based on risk/reward (R:R).
- After the first target the trade becomes risk-free (break-even).
- The rest of the position is trailed to catch bigger moves.
- Everything is visible and adjustable in one on-chart dashboard – no need to open the settings window.
Minimum stop loss
- Trades without SL get a stop loss automatically (default 80 pips on Gold).
- Stops that are too tight are widened to your minimum distance.
- Only applies while the SL is still on the loss side – it never undoes break-even or trailing.
Partial take-profits in R:R
- Up to 3 targets, e.g. 1:1 (50 %), 1:2 (25 %), 1:3 (rest).
- R is the original risk of each trade and is stored, so trailing does not change your targets.
- Alternatively set targets in fixed pips.
- Optional fixed broker TP as a safety net in case your PC or terminal goes offline.
Break-even
- Move SL to entry + buffer after X pips profit.
- Optional: move to break-even immediately after TP1.
Trailing stop – 4 methods
- Fixed pips, ATR-based, behind the last swing high/low, or behind the high/low of the last candles.
- Combine several methods and choose the tightest or widest stop.
- Minimum step to avoid unnecessary modifications.
Time functions
- Management only within a time window.
- Close all trades daily at a fixed time or before the weekend (Friday).
- Close after a maximum holding time.
Interactive dashboard
- Settings table: switch features ON/OFF and change values with −/+ directly on the chart.
- Positions table: ticket, type, lots, entry, SL, TP, pips, R-multiple, reached TP stage and status (Initial SL / BE / Trailing).
- Total row with pips, R and profit in account currency.
- Resizable, lock button against accidental clicks, reset to input values.
- Adapts automatically to dark and light charts. Language: English or German.
- Your dashboard changes are kept after a terminal restart.
Gold-ready pip handling
- Detects Gold automatically (1 pip = 0.10) and 5/3-digit Forex symbols.
- Manual pip size for indices or special symbols.
Filters and safety
- Manage only the chart symbol or all symbols.
- Magic number filter: all trades, only manual trades, or one specific EA.
- Respects broker stop and freeze levels, never moves a stop loss backwards, sends no requests while the market is closed.
- Works on hedging and netting accounts.
How to use
- Attach TradeManager Pro to any chart (e.g. XAUUSD).
- Enable Algo Trading.
- Open trades as usual – manually, on your phone or with another EA.
- Adjust settings in the dashboard at any time.
Strategy Tester
The utility does not trade by itself. To show its behaviour in the Strategy Tester it includes a demo mode that opens random test trades only in the tester. Live, this mode has no effect. These random entries only demonstrate the management – they are not a trading strategy.
Main inputs
- Filter: manage only chart symbol, magic number (-1 all, 0 manual only).
- Pips: manual pip size (0 = automatic).
- Minimum SL: on/off, distance in pips (80), set SL if missing.
- Break-even: on/off, trigger (80 pips), buffer (5 pips).
- Trailing: start (160 pips), step (5 pips), combine mode; fixed pips (80), ATR (period 14, x2.0), swing (strength 3, lookback 50, buffer 10), candle (2 bars, buffer 5).
- Partial TPs: mode R:R or pips; TP1 1:1 50 %, TP2 1:2 25 %, TP3 1:3 25 %; BE after TP1; broker TP at 1:3.
- Time: time window, daily close, Friday close, max holding time (all off by default).
- Dashboard: show, language, remember changes, start locked, position, size, max rows.
- Strategy Tester only: demo trades on/off, interval, lot size, initial SL/TP, random seed.
Important: This is a trade management tool, not a signal or entry system. Results depend on your entries. Past results do not guarantee future results. Please test on a demo account first.
