• Overview
  • Reviews (4)
  • Comments (59)
  • What's new

WaltSoft Trade Manager

5
Will Calculate the Lot Size for a given Percent Risk and places the order with SL and TP with a click of a button.
  • Locks in your profits on auto-pilot with a Set Break Even function and/or several Trailing Stop Loss methods.
  • Drag and position your Stop Loss and Take Profit before placing the actual order.
  • Close trades with a click of a button.
  • Works with Market Orders, Instant Orders, Pending Stop Orders and Pending Limit Orders.
  • Works on any instrument:  Forex, Bonds, Futures, Indices, Commodities, Metals, Crypto etc.
  • Works on Renko, Tick and Range Charts.
  • Simple, intuitive and straightforward, no cluttering of info.

Remark

This EA (partly) doesn’t work in the Strategy Tester!


Settings

  • Magic Number = 0.  0 (zero) = automatically sets Magic Number.  -1 (minus 1) = NO Magic Number.  Or Enter a unique number (or other EA MN)
  • Order Comment =  (optional). Enter your order comment
Trade Manager Settings
  • Money Management = Choose between: Risk Percent of Free Margin, Risk Percent of Balance (default), Risk Percent of Equity, Money or Lots
  • MM Value = 2. The value for the above chosen method.  Example: you lose 2% of your account balance if Stop Loss gets hit
  • Risk Reward = 2. You make 2 times your risk when Take Profit is reached
  • Stop Loss (Pips) = 10
  • Pending Order Distance (Pips) = 10. You can drag this to re-position
  • Expiration Time Pending Orders (Minutes) = 0 (no expiration when 0)
  • Round Turn Commission Per Lot = look this up with your broker.  See below (1)
  • Have to Convert Commission = See below (1)
Set Break Even
  • Initial Set Break Even Method = Choose between: Set BE at Pips or Set BE at % to TP
  • When Set BE at Pips: Set Break Even When Pips Profit = 10. Stop Loss will be moved to break even when price has traveled 10 pips. And Break Even Plus Pips = 1 will move SL 1 pip above/below entry price.
  • When Set BE at % to TP (default): Set Break Even When % to TP = 50. Stop Loss will be moved to break even when price has traveled 50% to TP.  And Break Even Plus Pips = 1 will move SL 1 pip above/below entry price.
Trailing Stop Loss
  • Initial Trailing Stop Method = Choose between: Trail Pips, Trail Steps, Trail Bars or Trail Fractals
  • When Trail Pips (default)Trail When Pips Profit = 15. If price has moved at least 15 pips in profit, it will start trailing. If you hit the button at 30 pips, it will trail 30 pips
  • When Trail Step:  Trailing Step = 10,  Trail Pips = 5.  When 10 pips in profit, SL is placed at 5 pips from price.  Next step is when price moves 10 pips away from SL etc.
  • When Trail Bars:  Trail Number of Bars = 3.  Will put SL at Highest High / Lowest Low of previous Number of Bars
  • When Trail Fractals:  Time Frame Fractals = H1 (M1 to W1)

Following settings groups are self-explanatory 

  • Initial Button States (2)
  • Position & Size WSTM
  • Initial Panel Parts States
  • Miscellany


Remark on Commission (1):

When you are not sure what to enter in "Round Turn Commission Per Lot" and whether to set "Have to Convert Commission" to YES or NO:

Set "Money Management" to "Lots" and enter 0.01 or 0.1 or 1 lot.
Do a few trades on different pairs and see what the commission is.

Enter the commission (for 1 lot) on that trade in "Round Turn Commission Per Lot". (if 0.01 lot traded --> multiply by 100; if 0.1 lot traded --> multiply by 10)
If the commission is the same for different pairs, then set "Have to Convert Commission" to "NO" otherwise set it to "YES".


Buttons Lock ON/OFF (2):

When ON and you click Set Sell (or Set Buy) then the Stop Loss and Take Profit targets move up and down together with price.
When Lock is OFF, the SL and TP stay put while current price moves.


Reviews 4
jonnywolf
85
jonnywolf 2021.08.14 09:49 
 

I have used this trade manager for a couple of weeks now and by hands down this an incredibly well built and well thought about tool. 5*. The developer responds extremely well to feedback. More people should use this.

CouchTraders
43
CouchTraders 2020.06.08 20:04 
 

Great tool. Very easy to see and set your Risk:Reward and the panel shows very useful data, like your overall long and short risk % of open trades. Highly recommend this Trade Manager.

alejounoa
96
alejounoa 2020.03.18 15:47 
 

I think this is an amazing tool that all traders should be using! I also wanted to say that I've never come across such great service on the platform before! It was lightning fast and spot-on! Thanks again, Walter! I really appreciate your service as well as your pointers as well!

Recommended products
Expert Advisor for MT4 Useful utility MUST have for all traders.  With 1 click button, you're able to close all your open positions. Its come with a warning pop up notification when you click to close all your trades, to avoid an accident press the button. Just press 'Yes' to confirm or 'No' to cancel it. The expert will close all your open positions no matter what pairs you currently open or directions. Just attach the expert on 1 of your chart, and you're good to go.
30 USD
This Expert Advisor shows Spread of maximal 26 Items in one Chart. For Every Item, a File could be writen. The Timeframe for average Spread could be selected. The Main Advantage of this EA is the ability to Watch Longterm. Spread for the Broker with the Files writen by the EA. The Files are stored in the Directory \mql\files for live Charts \tester\files for Backtest In Backtest only one Currency could be writen Filename: Spread+Account+Item+Timeframe.CSV Attention lower Timeframe, fas
30 USD
Virtual Exchange Reserve Equity Monitor In an environment where exchanges offer increasingly high leverage ratios, it is all the more important for traders to tightly regulate their level of equity .  This software is designed to be run in the background on any virtual private server that can run Meta Trader 4/5.  It implements basic equity control functions ahead of the broker---allowing users to set their own equity trailing stop, an equity limit to lock-in a certain profit margin, and a unive
FREE
Modify BUY order
Hafis Mohamed Yacine
Modify BUY orders_v1.0 Managing Orders   During trading, you may need to modify   orders, i.e.   to change stop levels or  take profit. This can be done with one click with  THE SCRIPT Modify BUY orders v1.0 The script modifies all orders (market )  with specified Take Profit and Stop Loss.(pip or price) If the take profit or(and) stop loss is incorrect, then the value is not changed. Parameters SCRIPT; Take Profit (PIP) Stop Loss (PIP) Take Profit (price) Stop Loss (price)
35 USD
Ultimate Trade Panel is an expert advisor for the MQL4 trading platform that offers a range of useful features for traders. It has many unique features which is very useful for trades in their day to activities. It saves a lot of time for the trades which is wasted while changing charts and loading different operations of the symbol like timeframe change and indicator change. We bring you this unique piece of software which helps you to do all operation from single chart. Its main features
40 USD
This panel closes trading positions at multiple symbols. The panel displays the situation for all open symbols on the account: Balans - account balance Equity - account equity Margin - used margin Freemargin - free margin Summ Position - the summary position on the account, in lots Position buy - the summary buy position, in lots Position sell - the summary sell position, in lots Summ Profit - the total profit (loss) at all positions Profit buy - the total profit of buy positions Profit sell - t
30 USD
Smart Key Trade Manager
Stephen Sanjeeve Sahayam
Most retail traders cannot manage risk and blow accounts by over risking or over trading. This tool fully automates drawdown and risk management, leaving a trader to only focus on their entries. It is the first and only trade manager that uses price action with its Aggressive Risk Control feature to automatically close partial positions when price goes against the trade. This ensures that losses are always kept smaller than wins. Can be used with any entry method and with any trading style; sc
45 USD
Waddah Attar Easy Positions Risk Management This EA gives you a full ability to close one position or close all positions . Close buy or sell trades in any position . Close profit or loss position . by clicking on a command button on the chart with confirmation message . Show you  a full information about your positions like : count - lots - average price - points - profit -  profit % - used margin for this position and the risk percent . and also the scrolled table of trades that position ha
30 USD
Size Calculator allow you to calculate the size you need for your position giving two parametres: the number of pips risked and the money risked, for example if you want to risk 20 USD on 200 pips, then you will need to input 200 in the case reserved for pips and 20 in the case reserved for risk, the size will appear in left top carner of the chart in your metatrader 4 platform,  Size Calculator  support the following symbols : EURUSD GBPUSD AUDUSD NZDUSD  GOLD WTI  EURJPY GBPJPY USDJPY AUDJPY C
45 USD
News Scalping Executor Pro is an utility which helps to trade high impact and huge volatility news . This utility helps to create two opposite orders with risk management and profit protection. It moves automatically stop loss level to avoid losses as much as possible by using many different algorithms. It helps to avoid trading the news if spread suddenly becomes very huge. It can lock profit by moving stop loss or partially closing of orders. To be profitable with this type of trading you
195 USD
Modify SELL orders
Hafis Mohamed Yacine
Modify SELL orders v1.0    Managing Orders   During trading, you may need to modify   orders, i.e.   to change stop levels or  take profit. This can be done with one click with  the script Modify SELL orders v1.0 The script modifies all orders (market )  with specified Take Profit and Stop Loss.(pip or price) If the take profit or(and) stop loss is incorrect, then the value is not changed. Parameters script : Take Profit (PIP) Stop Loss (PIP) Take Profit (price) Stop Loss (price)
40 USD
Trade Assistant is a trading panel designed for manual trading. The panel allows you to calculate risk, manage positions using Limit orders, And other useful features. Key features of the panel It works with any trading instruments - currency pairs, CFDs, stocks, indices, futures, cryptocurrencies. Set Stop Loss and Take Profit as the distance in points. Setting and displaying the potential loss to profit ratio. The panel supports pending orders. Display on the chart the calculated position v
30 USD
LotSizePanel
Nikita Chernyshov
Calculator panel that allows you to calculate the necessary lot for the transaction from the current price. You set the risk, specify the stop loss price and get the lot that you need to enter the trade. It's simple. Both Russian and English are supported. The panel contains additional information in the form of: 1. Stop loss in points; 2. The cost of the item calculated by the lot; 3. The total number of positions in a currency pair; 4. The total result of open positions on
150 USD
Risk Order Panel Торговая панель для выставления отложенных ордеров при ручной торговле. Панель позволяет не задумываться о расчетах параметров ордера, типа сделки, размера лота. При необходимости выставления ордера достаточно мышью определить точки входа, Stop Loss, Take Profit, указать сумму риска и нажать на кнопку выставления ордера. Всё остальное панель сделает сама. Основные возможности: Установка точек входа, Stop Loss, Take Profit путем перетаскивания линий прямо на графике. Автомат
90 USD
Watermark Symbol
Makarii Gubaydullin
Watermark on the chart: Symbol + Timeframe / or your own text My   #1 Utility :   includes 65+ functions  |   Contact me  if you have any questions In the settings of the indicator, you can configure: Font size; Text color; Font Name; Position: 1 = Top Left; 2 = Top Right; 3 = Bottom Left; 4 = Bottom Right; 5 = Center; Show current Timeframe: on/off; The prefix of the Symbol to be removed ( n_AUDCAD --> AUDCAD ); The suffix of the Symbol to be removed ( USDCADpro --> USDCAD ); Show custom t
30 USD
红盘手交易助手,该EA不会自动交易,属于辅助工具,参考4小时图表波动率参数,自动给订单设置止损和止盈,以及追踪止损。策略带有风控标准,如下<1K为50 >1K<1W为100, >1W<5W为500, >5W<10W为1000, >10<20为2000。最大的特色是资金管理和风控功能。显示信号为5日平滑均线方向,布林线中轨平仓功能,开仓警报提醒功能,手数资金恢复功能,该EA可以在历史数据测试时下单,所以它相当于复盘工具。注意EA会修改所不带止损和止盈品种的定单,并执行风控标准。EA参数经过实盘反复验证和优化,可以直接使用默认参数。        参数与功能: FixBuy_target 指定后统一修改当前品种所有多单的止盈价; FixSell_target 指定后统一修改当前品种所有空单的止盈价; 一比一恢复资金 默认不启用,启用盈利按固定亏损金额数字平仓; Boll_close_order 默认不启用,启用后价格遇到布林线(周期30)中轨平仓; Lots 设置固定手数,开启UseMM后无效; UseMM 默认启用资金管理; 风险系数 启用; ATR止损基数 默认按4小时
50 USD
Telegram Notifier is a simple and powerful utility which sends notification, news from MT4 to Telegram channel and group. Official Telegram Group:  https://t.me/ezforex_telegram_notifier WHO WILL NEED THIS UTILITY 1. EA Sellers who want to manage automatically their private channel and chat group. 2. Signal Providers who want to send the signals, reports and news to the channel or chat group. CORE FEATURES 1. Can use with View Account and not need to enable the Auto Trading button. 2. Track
49 USD
This  is utility for Closing All trades or Closing All Buy Trades Or Closing All Sell Trades based on button clicked. Advantages and features of  Product is as follows Closes trades very fast  customised based on traders frequently encountered situation .This is very simple utility  which can be used by beginner or  advanced trader . Trader just need click   button like "Close All" "Close Buy" Or "Close Sell" and their request is executed.
50 USD
RiskManager
Roman Zhitnik
5 (2)
The Expert Advisor is a risk manager helping users to control their trading. In the settings, it is possible to specify the parameters at which the risk manager force closes the opened trades and closes the terminal as well, if it is needed to prevent opening trades on emotions, which do not correspond to the trading strategy. Link to Version for MetaTrader 5  Risk Manager settings Check limit to close   - check the equity limit Limit to close   - equity limit that is taken into account Check d
59 USD
Virtual Collider Manual   is a trading assistant with a built-in panel for manual trading. It automatically moves a position opened by a trader in profit using innovative adaptive grid algorithm of averaging and adaptive pyramiding Know-how of the grid algorithm of averaging and pyramiding of the   Virtual Collider Manual   trading robot is based on fully automatic adaptation of all characteristics of dynamically build order grid and pyramid with actual price movement with no need for adjusting
10 000 USD
Auto Breakeven MT4
Vladimir Gribachev
A utility for automatically setting breakeven levels, transfers trades to breakeven   when passing a given distance   . Allows you to minimize risks. Created by a professional trader for traders.       Utility       works with any market orders opened manually by a trader or using advisors. Can filter trades by magic number. The utility can work with any number of orders simultaneously. MT5 version https://www.mql5.com/ru/market/product/57077 WHAT THE UTILITY CAN DO: install virtulnoe levels   b
30 USD
Auto TP and SL MT4
Vladimir Gribachev
Utility for automatic setting of stop loss and take profit levels. Created by a professional trader for traders.   The utility   works with any market orders opened by a trader manually or using advisors. Can filter trades by magic number. The utility can work with any number of orders simultaneously. MT5 version  https://www.mql5.com/ru/market/product/56486 WHAT THE UTILITY CAN DO: set virtual stop loss and take profit from 1 pip real   stop loss and take profit work with each order separately
30 USD
Reverse Trend Solution And Trade Panel For All Symbols In One Tool! MuteLight AK Trade Pro's smart algorithm monitor the markets price, filters out noise and gives recommendation of entry time. Monitor different pairs in one chart Support to open, monitor and close orders automatically Trade Panel allow to open market or hidden pending orders with preset parameters to best fit different market condition. Advantages You Get Easy, visual and effective reverse trend detection. Gives you the abili
30 USD
Semi Automated EA for working as your trading assistant. Overview Trading planner will make you act like professional traders in real markets. Before entering markets, they make a plan for their trades, screening out all opportunities in all time frames. Trading Planner can be used for all Time Frames (M1 ~ MN). Simply draw trendline as a trend and Support/Resistance . At this version , market opportunities will be taken by trendline using strategy of 1, 2, 3 . Simply draw the trendline by defin
176 USD
Smart Watermark
Alexander Martinez
Smart Watermark displays the symbol and timeframe while scaling and centering itself automatically. It also allows you to set a custom signature for sharing your charts with others. Parameters:  Parameter Description Font The font type used to display the watermark Font Color The font color used to display the watermark Font Style The style of the font. Choose from None, Italics, Underline, or Strikethrough. Default is None. Font Weight The weight of the font. Options range from T
30 USD
A Utility used for accounts with multiple open positions with Magic numbers added via Expert Advisors or manually. The Utility closes specific Magic number open positions when a certain profit in currency $ has been reached. The Utility also closes specific Magic numbers open positions with a break-even feature when the Expert Advisors or manually a certain amount of open positions has been placed. The Utility also closes all buy stops and sell stops when the "Take profit sum $" has been reache
30 USD
Neonplox Trade Manager
Mr Roberto Carlos Ferreira Silva
n3oNpLoX Trade Manager Market Order. Stop Order. Limit Order. To help you Place trades based on the amount of Money in Dollars you want to risk. As it will show in the screenshots you can calculate the right Lot size for the money you want to risk. Calculates Lot Size based on the distance between Stop Loss and Entry Point. 5 Options for TP - (1RR,2RR,3RR,4RR,5RR) It will help you manage your risk and Place trades with the correct Lot Size. So you will not over expose yourself and your mo
FREE
The indicator calculates the historic price statistics: the number of intersections of a level and the number of rollbacks. The levels are set as horizontal lines (the 'Horizontal lines' element on the Toolbar) manually, are are drawn automatically by the indicator with the specified step. Only strong levels are drawn in the automated mode. There are two options for the automated mode: 1. Strong levels of intersection and support/resistance; 2. Strong support/resistance levels. The indicator use
50 USD
This product is a multi-functional MT4 indicator and is an indispensable tool for account information statistics, strategy analysis and risk assessment. Functions: 1. Statistical account basic information of profit and loss . 2. Statistics and display the account profit and loss fund curve. 3. Display the order's track on chart ,so that we can analys the strategy and risk of the account. 4 .List account's trade pairs and order totals ,we also can see the profits of each pair. I only sell this
68 USD
Advisor for semi-automatic trading with a virtual multi-level trail of take profit and stop loss, a trail of target profit, martingale functions, manual opening of orders, managing third-party orders, counting trading instruments, displaying current information and statistics on a chart. It is possible to set several levels of trailing take profit and stop loss and to each level to assign the percentage of partial closing of the order. The percentage of the lot when closing the level is calculat
30 USD
Buyers of this product also purchase
Trade Assistant MT4
Evgeniy Kravchenko
4.5 (161)
It helps to calculate the risk per trade, the easy installation of a new order, order management with partial closing functions, trailing stop of 7 types and other useful functions. Attention, the application does not work in the strategy tester. Manual, Description, Download demo Line function -   shows on the chart the Opening line, Stop Loss, Take Profit. With this function it is easy to set a new order and see its additional characteristics before opening.   Risk management  - The risk
100 USD
Forex Trade Manager MT4
InvestSoft
4.96 (193)
Do you think that in markets where the price can change in a split second, placing orders should be as simple as possible? In Metatrader, each time you want to open an order, you have to open a window where you enter the opening price, stop loss and take profit, as well as the trade size. In trading the financial markets, capital management is essential to maintain your initial deposit and multiply it. So, when you want to place an order, you probably wonder how big a trade you should open? Wha
99 USD
Mentfx Mmanage
Anton Jere Calmes
5 (16)
Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool calculates all necessary risk with your desired % risk. Check out the video for a breakdown of how it looks
300 USD
GPT Assistant 4
Anna Poraj
5 (1)
After the purchase, please contact me and I will send you   Trade Republic   for free GPT Assistant is a groundbreaking utility that takes your trading to the next level with its advanced analysis and comprehensive insights. This one-of-a-kind tool is set to revolutionize the way you approach the market, providing you with an edge like never before. The setup process is quick and easy. By simply enabling algorithmic trading and allowing WebRequest for listed URLs, you unlock the full potential
125 USD
The product will copy all telegram signal to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal, s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to
219 USD
FTMO Adam AI 2
Vyacheslav Izvarin
ADAM AI 2 Special Version for FTMO 100k ACCOUNT MT4 No Martingale No GRID Our 2nd EA created using AI ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00GMT+3  Friday For Prop Firms MUST use special Protector   https://www.mql5.com/en/market/product/94362 -------------------------------------------------------------------------------------------
1 800 USD
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
199 USD
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
199 USD
News Trade EA MT4
Konstantin Kulikov
4.62 (13)
Present to you the useful robot that I have been using for several years. It can be used in both semi-automatic mode and fully automatic mode. The program contains flexible settings for trading on the news of the economic calendar. It cannot be checked in the strategy tester. Only real work. In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools > Options > Expert Advisors. Check the option "Allow WebRequests for listed URL:". Add this (delete the spa
97 USD
ATTENTION POWERFUL TOOL!!! If you are here, it is because you are curious about performing the Forex tool. The tool you on the real movement that Forex market, using real mathematical calculations based on the variation. Because Forex is math. CONTACT.  Math is not an opinion. Forex Tool execution is based on this very mathematical relationship that exists between various currency pairs. You will know in advance in the blink of an eye which currency pair you can focus on for maximu
1 999 USD
Trade Assistant Pro 36 in 1
Makarii Gubaydullin
4.94 (16)
Multifunctional tool: 65+ functions, including: Lot calculator, Price action, R/R ratio, Trade manager, Supply and Demand zones Demo version   |   User manual   |  MT5 Version The utility doesn't work in the strategy tester: you can download the Demo Version HERE  to test the product. Contact me for any questions  / ideas for improvement / in case of a bug found Simplify, speed up and automate your trading process . Expand the standard terminal capabilities with this dashboard. 1. Open a new tra
139 USD
Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget trading with price action automation
118 USD
FiboPlusWaves
Sergey Malysh
5 (1)
FiboPlusWave Series products Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications).    Features: without delving into the Elliott wave theory, you can immediately open one of
875 USD
Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials and manuals   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extender or trendline extender. 2. Price touch alert
98 USD
TakePropips TradePad Pro
Eric John Pajarillaga Aldana
5 (4)
TakePropips TradePad Pro  (MT4) includes a powerful trade manager, equity protection, currency strength meter, account reporting tools, risk management tools, and more! It is the perfect companion for manual traders and prop-firm traders. It is one of the most advanced forex trade manager and trade assistant that you will ever come across! It is the perfect solution for traders who wants a more efficient way of managing trade transactions. You can download the user manual and installation guide
299 USD
Telegram MT4 Signal Trader
Nguyen Van Anh
4.84 (74)
Telegram MT4 Signal Trader  is an EA that helps you trade signals receiving via all types of Telegram channels/groups. WARNING! This system doesn't work on Mac OS. Therefore, if you want to run the system, you should install a Windows emulator on Mac OS. You even don’t need to be the owner of the channels. If you can read the signal texts in your Telegram account, you can trade them all. The EA needs an  awesome  free tool – the   Telegram Reader  app that helps read texts from Telegram throu
199 USD
Active Lines for MT4
Yury Kulikov
5 (19)
Attention:  Demo version for review and testing can be downloaded   here . It does not allow trading and can only be run on one chart. Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger condi
120 USD
FTMO Adam AI 1 MT4
Vyacheslav Izvarin
ADAM AI Special Version for FTMO 100k ACCOUNT Our 1st EA created using AI ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector   https://www.mql5.com/en/market/product/94887 -----------------------------------------------------------------------------------------------------------
1 800 USD
Custom Ultimate Sniper Dashboard MT4 Once you purchase, send a message to my inbox for manual. Are you tired of missing out on profitable trades because you can't keep up with market movements? Look no further because the Custom Ultimate Sniper Dashboard is here to help. This EA upgrade to the original Ultimate Sniper Dashboard indicator is specifically designed for users of the Meta Trader 4 (MT4) platform, and it packs a punch with its impressive arsenal of 98 algorithms. These algorithms wo
499 USD
Equity Protection EA
CARLOS ALBERTO VALLOGGIA
5 (2)
Equity Protection EA MT4 General Features: Full control over the results of a trading session.- Controls the overall result, for all forex symbols, indices, metals, stocks, etc. Control is done over the global equity.- Close all trades, on all symbols, when reaching a profit or loss rate.- Changeable configurations in both amount and percentages.- Protection of results by trailing stop global.- Record of results achieved for the session (greater equity and lower equity).- All calculations a
99.90 USD
Equity Shield
Vladimir Stepanov
5 (4)
The Expert Advisor will protect your account from unexpected losses by constantly monitoring the equity and follow the rules as per input in the parameters.   When the rules are breached the EA will close all trades.   You can set the EA to close all trades at a certain percentage or money loss, or to close at a certain percentage or money profit.   This utility is very useful for Prop Trading Challenges to keep the draw down low and to protect your equity! My signals and other products can be f
99 USD
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.57 (14)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
100 USD
The   Basket expert advisor   can open up to 10 trades at once. It was developed for basket traders who need to open a lot of trades on many different pairs. Expert advisor allows to set a take profit and stop loss as a value in money for each basket trade. This EA is also equipped with hedge functions and allows traders to use the Classic hedge strategy or Sure-Fire strategy, also known as "Always in profit". Main features Opening multiple trades simultaneously EA Works on any market (forex,
99 USD
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
100 USD
Trade Copier Pro
Vu Trung Kien
4.54 (13)
Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
149 USD
Unlimited Binary Options Copier Remote is a powerful tool to copy binary options trades remotely between multiple accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his binary options trades with the others globally on his own rules. One provider can copy trades to unlimited receivers and one receiver can get trade from unlimited providers as well. The provider can set the subscription expiry for each receiver, so that receiver will no
299 USD
RedFox Copier Pro
Rui Manh Tien
5 (9)
FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
149 USD
Latency arbitrage is a trading strategy that allows traders to make instant profits by acting fast on opportunities presented by pricing inefficiencies between two or more brokers: it entails trading against a lagging broker knowing the future price in advance, received from other price feed, fractions of a second earlier. These inefficiencies can be caused by liquidity providers or network issues on the broker's side. Under ideal trading conditions, latency arbitrage is a zero-risk strategy tha
399 USD
StarseedFX Smart Trading Tool
Mohamed Elsayed
4.91 (22)
What Exactly Is A Smart Trading Tool? Smart Trading Tool was developed for fast and comfortable trading of the financial markets especially for ORDER BLOCKS TRADERS . It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading Informa
150 USD
MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
149 USD
More from author
Round Numbers and Background.   The WaltSoft RNB Plus Indicator adds scale and perspective to your charts. Alert, Notification and Email can be set for when price reaches a Big Round Number. Because price does very often react on big round numbers  this indicator is e specially handy for Scalping and Swing trading. On a naked chart you have no clue of how much price has moved. But put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can c
30 USD
Round Numbers and Background.   The WaltSoft RNB Plus Indicator adds scale and perspective to your charts. Alert, Notification and Email can be set for when price reaches a Big Round Number. Because price does very often react on big round numbers  this indicator is especially handy for Scalping and Swing trading. On a naked chart you have no clue of how much price has moved. But put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can cho
30 USD
- Alert, Notification and Email when price reaches a level. - Second channel possible. - The Channel updates with every new bar, so moves along with time. - Does not repaint. -  Generate a signal in your EA. Description Standard Deviation Channel is built on base of Linear Regression Trend representing a usual trendline built between two points on the price chart using the method of least squares. As a result, this line proves to be the exact median line of the changing price. It can be consi
30 USD
Will Calculate the Lot Size for a given Percent Risk and places the order with SL and TP with a click of a button. Locks in your profits on auto-pilot with a Set Break Even function and/or several Trailing Stop Loss methods. Drag and position your Stop Loss and Take Profit before placing the actual order. Close trades with a click of a button. Works with Market Orders, Instant Orders, Pending Stop Orders and Pending Limit Orders. Works on any instrument:  Forex, Bonds, Futures, Indices, Commo
95 USD
Have you ever wondered which currency is moving a pair? For instance, if you see EURUSD go up, then is it because the EUR is getting stronger or because the USD is getting weaker? Well, this nifty little indicator will tell you in a blink of an eye! The indicator shows the relative strength of eight major currencies by comparing each currency with all the other ones, and presents the result in an easy to interpret graphical way. Alerts, Notifications and Emails can be set on a range of scena
30 USD
Looking for more detailed price action? Is trading M1 charts just not enough? The WaltSoft Tick indicator draws every incoming tick! In addition to that: It draws your open positions, complete with Order Number and Lot Size. It draws your TP and SL. It calculates and displays your current profit or loss in points, money and percent. It displays the current spread. It displays the average spread. This handy indicator will enhance your scalping strategies! Settings (most settings need no explana
30 USD
The WaltSoft Log Spread Indicator will log the Average Spread on the chosen Interval and create a .csv file in the MQL4/Files folder or when testing in the tester/files folder. Meant to be used on a life chart, but can be used in the Strategy Tester. However, an Indicator in the strategy Tester will always run in visible mode, so the test could take a longer time. If you want quicker results in the Strategy Tester then you can download the free EA version here: https://www.mql5.com/en/market
30 USD
The WaltSoft Log Spread EA will log the Average Spread on the chosen Interval and create a .csv file in the MQL4/Files folder or when testing in the tester/files folder. Typical use Meant to be used in the Strategy Tester to check the spread on the history data. If you are testing an EA with the Tick Data Suite on downloaded history data with variable spread, then you have no clue if the spread from 10 years ago is the same spread you have today on the same pair, and so you may want to adjust
30 USD
The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns, also called Harmonic Patterns, and displays the results in a clear table. The WSFP SCOUT can search for 16 different Patterns plus 1 Custom Pattern and can process up to 28 Instruments and up to 9 Time Frames at once. It refreshes every second and alerts you when it finds a new pattern. Clicking on a Pair-Time Frame combination will open the relevant chart and displays the patterns which you then can trade manually. Take
99 USD
Have you ever wondered which currency is moving a pair? For instance, if you see EURUSD go up, then is it because the EUR is getting stronger or because the USD is getting weaker? Well, this nifty little indicator will tell you in a blink of an eye! The indicator shows the relative strength of eight major currencies by comparing each currency with all the other ones, and presents the result in an easy to interpret graphical way. Alerts, Notifications and Emails can be set on a range of scena
30 USD
- Alert, Notification and Email when price reaches a level. - Second channel possible. - The Channel updates with every new bar, so moves along with time. - Does not repaint. - Generate a signal in your EA. Description Standard Deviation Channel is built on base of Linear Regression Trend representing a usual trendline built between two points on the price chart using the method of least squares. As a result, this line proves to be the exact median line of the changing price. It can be consider
30 USD
The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns, also called Harmonic Patterns, and displays the results in a clear table. The WSFP SCOUT can search for 16 different Patterns plus 1 Custom Pattern and can process up to 28 Instruments and up to 9 Time Frames at once. It refreshes every second and alerts you when it finds a new pattern. Clicking on a Pair-Time Frame combination will open the relevant chart and displays the patterns which you then can trade manually. Take P
99 USD
Filter:
jonnywolf
85
jonnywolf 2021.08.14 09:49 
 

I have used this trade manager for a couple of weeks now and by hands down this an incredibly well built and well thought about tool. 5*. The developer responds extremely well to feedback. More people should use this.

CouchTraders
43
CouchTraders 2020.06.08 20:04 
 

Great tool. Very easy to see and set your Risk:Reward and the panel shows very useful data, like your overall long and short risk % of open trades. Highly recommend this Trade Manager.

alejounoa
96
alejounoa 2020.03.18 15:47 
 

I think this is an amazing tool that all traders should be using! I also wanted to say that I've never come across such great service on the platform before! It was lightning fast and spot-on! Thanks again, Walter! I really appreciate your service as well as your pointers as well!

Akyol
92
Akyol 2019.05.17 16:42 
 

First, very important to mention: Walter has a great SUPPORT. Incredibly competent.

For every trader, whether beginner or professional: this tool RISK: REWARD is so intuitive to use.

With the right money management, you are on the sunny side of life. And this tool is a great help.

Reply to review
Version 7.3 2021.12.15
Added feature: Set Break Even at % to Take Profit
So added settings:
- Initial Set Break Even Method = Choose between: Set BE at Pips or Set BE at % to TP
- Set Break Even When % to TP = 50
- Break Even Plus Pips = 1
Version 7.2 2021.10.19
- Typo in settings tab
Version 7.1 2021.09.22
- Added setting "Show Money On Target Labels" = YES/NO
Version 7.0 2021.08.10
- optimized code
Version 6.9 2021.08.10
- Issue fixed: The Account Totals (very bottom panel) were not correct when the EA was on multiple charts (instruments) with instruments with commission and instruments without commission, and this depended on the user setting "Round Turn Commission Per Lot".
Version 6.8 2021.08.05
- Average spread is now reset when changing the instrument or time frame of the chart where the Trade Manager is on.
Version 6.7 2021.07.21
- Added 3 more Trailing Stop Loss Methods.
You can now choose between:
- Trail Pips. Trailing Button will read "TR P"
- Trail Steps. Trailing Button will read "TR S"
- Trail Bars. Trailing Button will read "TR B"
- Trail Fractals. Trailing Button will read "TR F"

(Hoovering the mouse over a button will show a tooltip with all the details)

- Several small improvements.
Version 6.6 2021.05.17
- Included Commission and Swap in the calculation and display of Profit Pips, Money and Percent.
Version 6.5 2021.03.27
- Info Margin Required now also for pending orders
Version 6.4 2021.01.27
- Setting "Show Info Margin Required" now default on "YES" instead of "NO"
Version 6.3 2020.12.28
The info Margin Required now turns Red when it is bigger than the Free Margin.
Version 6.2 2020.05.10
- Added Info: Margin Required
Version 6.1 2020.04.18
- Info labels on Target lines (SL, TP and Price of pendings) change color to Gray when Lot Size becomes below minimum when dragging targets.
- Added Gold Color Scheme. Tip: Nice when you use it to trade gold.
Version 6.0 2020.04.08
- Added Alert if entered Lot Size is smaller than min. LS or bigger than max. LS. (only when "Money Management" is set to Lots)
- Small Bug-fix: issue was that info label (on target lines) was displayed in some occasions when it wasn't supposed to.
Version 5.9 2020.04.06
- Spread now also visible when top part of panel is closed
- Trade lines: when present, info already visible (before was only when lines were clicked and/or dragged)
- Trade lines info:
- text now in a box for better visibility
- info still visible when line is past the top or bottom of chart
- Added some Color Schemes
Version 5.8 2020.03.24
- Changed Text Color Profit/Loss for Light Panel Color Scheme for better visibility. (OrangeRed to Red and Lime to Green)
- Size of Check Boxes at "Account Close All" Button now scales together with "Font Size" setting
Version 5.7 2020.03.21
- added input: Panel at the left or at the right
- added input: Panel Color Scheme, Dark or Light
Version 5.6 2020.03.18
- solved issue: panel not created when loaded from a saved template
- solved issue: spread info not in right position when operating system text scaling applied
- bug fix: Total Risk Long/Short text not moving when moving the panel with top parts closed
Version 5.5 2020.03.16
- Added spread and average spread info
- Added amount of money to SL and TP target lines
- Realtime update on pre-trade info while dragging SL and TP target lines
- Some small enhancements
Version 5.4 2020.03.13
- Added panel to be able to change Break Even and Trailing settings on the fly
- "Account Close All" Button: added option (check boxes) to close winning and/or losing trades
- Some lay-out changes
Version 5.3 2020.03.11
1. when trades with no magic number, and initially without Stop Loss:
- fixed Set Break Even and Trailing
- warning on Total Risk Long/Short

2. Disabled button Account Close All when no trades
Version 5.2 2020.03.03
- Added possibility to have no Magic Number (set to -1) to be able to manage trades which were done manually.

Version 5.1 2020.02.03
- Added option to let the Trade Manager automatically set the Magic Number.
- Commission and Swap included in the Set Break Even and Trailing Stop Loss for more accuracy.
- Changed some default settings.
Version 5.0 2019.10.27
- Added Set Break Even function.
- Moved Trail button to second panel part.
- Keep button states when hiding/showing panel parts.
- Trail button does no longer have to be visible for the function to work. (Same for Break Even button)
- Bug fix on Commission.
- Solved issue not all positions closed with Close All button.
Version 4.7 2019.05.29
- Added panel part with account overview and "Account Close All" Button.
- Added settings to initially show or hide panel parts.
Version 4.6 2019.05.20
Solved jumping panel position issue when hiding or showing panel parts on operating systems with scaled up font size.
Version 4.5 2019.05.20
Corrected same issue as in v4.4 for trailing
Version 4.4 2019.05.20
Corrected code for some brokers with instruments which have a bigger Tick Size than Point Value.
Example: USA500 has a Point Value of 0.01 (2 digits) but the Tick Size is 0.25
Version 4.3 2019.05.17
- Added: Move Panel with mouse feature and Hide or Show parts of Panel feature.
- Automatically put Chart on background so that Panel is on top.
Version 4.2 2019.04.08
Renamed some settings
Version 4.1 2019.01.30
- Added setting "Have to Convert Commission"
Version 4.0 2019.01.29
- Optimized some code
Version 3.9 2019.01.18
- Added option "Money" to Money Management
So now the options are:
- Risk Percent of Free Margin
- Risk Percent of Balance
- Risk Percent of Equity
- Money
- Lots

- Added setting "Initial Kind Of Order" (radio buttons)
Options: "Market/Instant", "Pending Stop Order" or "Pending Limit Order"
Version 3.8 2019.01.15
As requested, added settings for default state of following buttons:
- Lock Button Sell default
- Lock Button Buy default
- Trailing Button Sell default
- Trailing Button Buy default
Version 3.7 2019.01.14
Bugfix for Accounts with Commission
Version 3.6 2019.01.10
added support for 4k monitors
Version 3.5 2018.11.20
- Bug fix
Version 3.4 2018.11.19
- Optimized some code
- Improved Trailing Stops
Version 3.2 2018.09.11
Version 3.2
• Replaced input "Percent Risk" by "Money Management" and "MM Value"
So now you can choose between:
1. Risk Percent of Free Margin
2. Risk Percent of Balance (default)
3. Risk Percent of Equity
4. Lots
• Added "Total Risk Long" and "Total Risk Short" Info
They are the percentage of the entire account!
• When the calculated (or chosen) Lot size is too big to open a trade and you hit the Buy or Sell button, there will a pop-up
window which asks you if you want the Manager to try and adjust the Lot Size to Maximum possible Lot Size and then open
the trade.
If you choose NO, the trade is canceled.
• Several aesthetic improvements
Version 3.1 2018.08.30
Setting "Percent Risk" was: Percent of your account equity
Is now: Percent of your account FREE MARGIN