Trade Manager from AlgoForex
- Utilities
- Version: 1.0
- Activations: 10
AlgoForex Trade Manager MT5 is an institutional-grade visual execution panel, risk calculator, and automated position management suite built for MetaTrader 5. Designed for intraday traders, scalpers, swing traders, and prop-firm challenge accounts, it unifies pre-trade planning, one-click execution, multi-stage protection, and portfolio risk controls in a high-DPI vector interface.
Key Advantages
- Clean Chart by Default: Starts with a clutter-free chart. Activate interactive visual trade planning lines on demand via the Lines or Draw Trade controls.
- TradingView-Style Position Box: Drag Entry, Stop Loss, and Take Profit lines directly on the chart with live shaded profit/risk zones, on-line lot/risk/R:R tags, and instant chart action pills (BUY/SELL, MKT/LIM/STP, TRADE).
- Draw Trade & OHLC Magnet: Click and drag directly on the chart from Entry to Stop Loss to construct a full Risk:Reward setup automatically, with optional candle OHLC magnet snapping.
- No DLLs / 100% Native MQL5: Zero external libraries, zero WebRequests, and full Strategy Tester compatibility.
1. Execution & Position Sizing Engine
- 10 Risk Calculation Modes: Risk % of Balance, Risk % of Equity, Risk % of Free Margin, Risk % of Custom Capital, Fixed Money ($), Fixed Lot, Margin %, Risk per Pip, Equity-to-Balance Adaptive, and Kelly-Lite Fractional.
- Broker-Accurate Cost Accounting: Automatically includes Spread, Commission (Auto-detect or Manual $/Lot), and Swap in lot sizing and BreakEven calculations.
- All Order Types: Market (Buy/Sell), Limit, Stop, and Stop-Limit with optional pre-trade Risk Confirmation drawer.
- Bid/Ask Ghost Line & Bar-Extreme Stops: Displays the spread-adjusted execution price and supports automatic High/Low bar-based SL/TP placement.
2. 2-Stage BreakEven+, 10-Mode Trailing & 10-Level Partial Close
- 2-Stage BreakEven+: Trigger at Points, R:R ratio, or % of TP, with optional auto-offset covering Spread + Commission + Swap.
- 10 Trailing Stop Algorithms: Classic Points, ATR Volatility, Candle High/Low, Parabolic SAR, Moving Average, Fractals, Chandelier Exit, R:R Step Ladder, % of Profit Peak, and Time-Decay Tightening.
- 10-Level Partial Close (TP1–TP10 & SL1–SL10): Scale out at Points, Exact Price, R:R ratio, or % change with Dynamic trailing partial triggers.
3. Stealth Virtual Engine & OCO Orders
- Virtual Stop Loss & Take Profit: Keep stops hidden from broker order books and execute locally on Ask, Bid, Mid, or Candle Close prices.
- Virtual Pending Orders & Trailing Pending: Trigger pending entries stealthily or trail Limit/Stop entry orders behind price.
- OCO (One-Cancels-Other): Link pending setups into OCO groups so when one fills, sibling orders cancel automatically.
4. Basket Manager & Position Control
- One-Click Bulk Actions: Close All, Close Profitable, Close Losing, Close Buys, Close Sells, Delete Pending Orders, or Quick Partial Close (25% / 50% / 75%).
- Basket Profit & Loss Targets: Automatically flatten all managed positions when total basket floating P&L reaches your Money ($) or Percentage (%) target.
- On-Chart Position Overlays: Manage individual live trades directly from chart rows (BE, 50%, Reverse, Close, Context Drawer).
5. Prop Firm Shield & Native News Guard
- Prop Firm Compliance Guard: Enforces Daily Drawdown %, Max Peak Drawdown %, Daily Profit Target %, Max Simultaneous Trades, and Max Aggregate Portfolio Risk % with configurable daily rollover hour.
- Native MQL5 Economic Calendar Filter: Uses MetaTrader 5's built-in Economic Calendar (no external URLs required) to warn, block new entries, move to BreakEven, or close positions before High/Medium impact news.
6. Productivity, Scaling & Multi-Language UI
- 3 Panel Modes: Full PRO workstation, COMPACT execution bar, and MICRO scalper dock, plus 1-click minimize pill showing live floating P&L.
- Live UI Zoom (100% – 200%): Crisp vector interface with header zoom toggle (100% / 125% / 150% / 175% / 200%) and Dark/Light themes.
- Multi-Chart Sync, Scheduled Tasks & Price Alerts: Synchronize trade lines across timeframes, schedule timed order actions, save custom user presets, export CSV trade journals, and switch between English, Russian, and Uzbek interfaces.
How to Start
- Attach AlgoForex Trade Manager MT5 to any symbol chart and enable Algo Trading in MetaTrader 5.
- Select your Risk Mode and Risk %/$, then click Lines or Draw Trade to plan visually on the chart—or execute directly with BUY / SELL.
- Configure automated protection in the Protect tab (BreakEven+, Trailing, Partial Close, Virtual SL/TP) and set account limits in the Guard tab.
