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WaltSoft Trade Manager MT5 DEMO

Manage Your Risk

  • Automatically Calculate the Lot Size for a given Percent Risk and place the order with Stop Loss and Take Profit with one single click of a button.
  • Drag and position your Stop Loss and Take Profit before placing the actual order.
  • Can close positions with one click of a button.
  • Can lock in profit of your trades with a Set Break Even function and/or a Trailing Stop Loss.
  • Can work with Market Orders, Instant Orders, Pending Stop Orders and Pending Limit Orders.
  • Works on any instrument:  Forex, Bonds, Futures, Indices, Commodities, Metals, Crypto .....
  • Also works on Renko and Range Charts.
  • Simple and straightforward, no cluttering of info.
  • ...

REMARK: this EA (partly) doesn’t work in the Strategy Tester!
But you can download this DEMO version to give it a try before purchasing.

This demo version has limitations which are:

- Works only on EURUSD
- Works only on M5 Time Frame
- Only Buys Allowed

 

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 = "" (blank). Enter your order comment
  • Money Management = Choose between:
    1. Risk Percent of Free Margin
    2. Risk Percent of Balance(default)
    3. Risk Percent of Equity
    4. Money
    5. Lots
  • MM Value = "2". The value for the above chosen method
    - Example: you lose 2% of your account balance when Stop Loss gets hit
  • Risk Reward = “2”. You make 2 times your risk when Take Profit is reached
  • Stop Loss (Pips) = “10”
  • Set Break Even When Pips Profit = "10". Stop Loss will be moved to break even .....
  • Break Even Plus Pips = ..... plus "1"
  • 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
  • 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
  • ** Have to Convert Commission = see remark
  • Initial Kind Of Order = Market/Instant Order or Pending Stop Order or Pending Limit Order (radio buttons on panel)
  • * Lock Button Sell default = "ON"
  • * Lock Button Buy default = "ON"
  • Break Even Button Sell default = "OFF"
  • Break Even Button Buy default = "OFF"
  • Trailing Button Sell default = "OFF"
  • Trailing Button Buy default = "OFF"
  • Panel on the = Left or Right
  • Panel Color Scheme = Brown, Silver, Green, Blue or Gold Color Scheme
  • Font Size = “10”. Scales the whole panel up or down
  • Panel Distance from Left (Pixels) = “5”
  • Panel Distance from Top (Pixels) = “25”
  • Adjust Panel Width (Pixels) = “0”
  • Adjust Panel Height (Pixels) = “0”
  • Show Panel Part Trade (Top) = "YES"
  • Show Panel Part Close (Middle) = "YES"
  • Show Panel Part Close All (Bottom) = "YES"
  • Confirm Close All = "YES". Pop-up window asking to confirm
  • Play Sound Orders = "YES". Play a sound when an position is opened
  • Show Info Margin Required = "YES"

 

* Buttons Lock ON (OFF)

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.

**  Remark on Commission:

Some brokers have a fixed commission in the account currency.

Some brokers have a commission that has to be converted to account currency and also depends on the traded pair.

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".


Warning

Some brokers provide wrong data on tick value for (especially) CFDs, meaning that your Lot Size will not be correct!
So before live trading please always first check that instrument by making a trade on a DEMO account.
We take no responsibility for any losses you may incur by using this software!


Info

The Magic Number is a unique number, or identifier, assigned to all open trades of an EA so that it “knows” which trades belong to itself and so can track and manage them.


Enjoy!

Walter

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VR Alert warns the trader that the price or other indicator has reached the level set by the trader. You need to get a notification that the price has reached the level you set or that some indicator has reached the level you set? Now it is possible. The VR Alert indicator can monitor not only the current price of a financial instrument but also any other indicators installed on the chart together with VR Alert. The VR Alert indicator will notify you in any of four ways: via an Alert in the term
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Trendline EA MT5
Carlos Oliveira
The FXTT Trendline EA for MT5 is a robot that helps you trade using the trendlines drawn on your chart. It basically allows you to set pending orders using trend lines . Something that Metatrader does not allow you to do by default. Easy to set up Choose default Lot size , Stop Loss and Take Profit Allows action on Touch, Pullback, Breakout or False Breakout of trendline The usage and configuration of the Expert Advisor is as follows: Load the EA Draw your trendlines on the chart Add Buy or Sell
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The Copier MT5
Andrey Barinov
This is a professional trades copier with easy to use interface and fast rock solid execution. It has some unique functionality which is missing in other trades copiers (see details below). It can copy trades between both MT4 and MT5 terminals in any combinations. Supports "One to Many" and "Many to One" copying modes. This product can not be tested in strategy tester. Please, download demo version here:  https://www.mql5.com/en/market/product/36142 Version for MetaTrader4 is available here:
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Just Copier MT5
Agung Imaduddin
"Just copier" is designed to copy trading without any complicated settings. The copy can be done in one PC. One EA can be set as master (provider) or slave (receiver). The receiver lot can be set to multiple providers lots. Please also check this product at fxina.hostingerapp.com.  Any type of copy is available. MT4 -> MT5 MT4 -> MT4 MT5 -> MT5 MT5 -> MT4 If you want to copy MT4 -> MT5 or MT5 -> MT4, please purchase "Just copier" for MT4 and "Just copier" for MT5 separately. Just Copier can copy
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Spread and Swap monitor
Gennadiy Stanilevych
The indicator is intended for determining the spread and swap size, the distance for setting stop orders and stop losses from the current price allowed and the risk per 1 point in the deposit currency. The indicator informs a trader about possible additional expenses and profits connected with transferring a position to the next trade session of the financial instrument. It also informs about the spread size and the distance of pending orders, stop loss and trailing from the current price. In ad
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ST Chart Synchronization MT5
Irek Gilmutdinov
This utility ensures a real-time synchronization of multiple charts. Any event of a graphical object creation/modification/deletion, chart scrolling and zooming is copied from the current source chart to one or more receiving charts. Note: demo-version of this product doesn't work in the backtester! ______________________________________________________________ Settings: Synchronize with - select the receivers: Same symbol - all charts with the same symbol; Same symbol - all charts with the same
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FiboPlusWaves MT5
Sergey Malysh
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
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TradePanel MT5
Alfiya Fazylova
Trade Panel is a professional tool for manual trading. Allows you to work with orders and positions in one click, making your trading fast and comfortable. When opening an order, it simplifies the setting of stop loss and take profit, as well as automatically calculates the lot according to the specified risk and stop loss size. In addition, the utility can work with virtual orders and accompany trailing stop orders, transfer SL to the breakeven zone, perform partial closing and timely notify
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SmartLines MT5
Artem Los
SmartLines allows you to open orders using trend lines. SmartLines for MT4 https://www.mql5.com/ru/market/product/25875 Now you have the opportunity to control breakthroughs of the trend corridor automatically and without delay. As soon as the price crosses your trend line with your settings, the order is automatically opened. You will not miss the moment of the trend change. The principle of working with SmartLines is similar to placement of pending orders. However, pending orders only have t
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Averager FULL
Vladislav Andruschenko
Averager is intended for averaging your deals that has had a drawdown or had gone against the trend. The adviser can open additional positions on the trend and against the trend! The system is identical to the  averaging system created Averager for MetaTrader 4 . Averager - Full Description An example of operation of the averager in an Exeprt Advisor in the MetaTrader 5 terminal: Exp - TickSniper . Example of the averaging system in our  TickSniper  scalperUniversal trading adviser with the
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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
- solved issue: Panel not showing when EURUSD has a prefix or suffix
Version 5.6 2020.03.19
- 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 (checkboxes) to close winnig 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 3.3 2018.09.20
Some small Bug Fixes
Version 3.2 2018.09.11
• 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