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:
- Risk Percent of Free Margin
- Risk Percent of Balance(default)
- Risk Percent of Equity
- Money
- 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 = "NO"
* 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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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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SPRINTER
A muti-currency trading panel. It is designed for quick scalping during news, but can also be used for conventional manual trading. It is very simple and clear. Key Features It allows you to simultaneously watch and trade multiple instruments, up to 20 pairs (1, 2, 3, 4, 6, 8, 9, 12, 15, 16 and 20) Automatic calculation of trade volume and/or use of a single volume for all available pairs. Setting up to 9 custom combinations used simultaneously for all pairs on the panel. Automatic closing of al
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HotKeys MT5
This utility provides the ability to use hot keys in manual trading instantly responding to the current market situation. You can assign hot keys to open/close positions by their type, open/close all positions on the current chart and remove all orders on the current chart. You can also assign hot keys for five predefined trade volumes and switch between them if necessary with no need to change the volume manually from time to time. It is also possible to set the auto calculation of a trade volu
30 USD
Forex Trade Manager MT5
Determination of transaction risk by calculating possible profits and losses. Precise designation of TP and SL levels for each transaction. These are the basic activities that every trader of financial markets must face with. The purpose of these calculations is very simple, achieving satisfying profits from FX transactions, with a minimum of risk. This is certainly the dream of each trader. This makes it difficult for new investors to take their first steps in this market. EA Forex Trade Mana
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Tick chart generator
A utility used to create custom Tick charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. You can attach any MT5 compatible indicator or template to the tick chart and perform your technical analysis.
Tick charts measure the number of transactions per bar. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). The generator uses tick data to plot the historical
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Just Copier MT5
"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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Standard Deviation Channel MT5
- 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. 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 considered as an equilibrium price line,
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Standard Deviation Channel
- 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.
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 considered as an equilibrium price lin
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Fibonacci Patterns Indicator MT5
(Harmonic Patterns Indicator) Attention!
Does not work on its own!
It's a part of the WaltSoft Fibonacci Patterns SCOUT MT5 which you can Get here . (also more info there) Settings Color Gartley = SteelBlue Color Papilionem = Gold Color Squalus = OrangeRed Color Carcinos = Khaki Color Deep Carcinos = Moccasin Color Vespertilio = DarkViolet Color Alternate Vespertilio = MediumVioletRed Color Five Legs = Aquamarine Color New Cypher = LightSeaGreen Color Quasimodo = Turquoise Color Navarro 200
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Fibonacci Patterns Scout MT5
The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns , also called Harmonic Patterns , and displays the results in a clear table.
Clicking on a Pair-Time Frame combination will open the relevant chart and displays the pattern(s) which you then can trade manually. Unlike similar software, the WSFP SCOUT will detect Patterns in their very early stage .
As soon as a patterns' C-point has formed it will detect and display this Emerging Pattern.
Such an early warning is priceles
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WaltSoft RNB
R ound N umbers B ackground
The WaltSoft RNB Indicator adds scale and perspective to your charts. This indicator is free.
If you want Alerts and Notifications when price reaches a Big Round Number then you need the Plus version of this indicator.
Problem On a naked chart you have no clue of how much price has moved.
Solution Put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can choose. Not only that, but it can also draw horizontal
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Fibonacci Patterns Indicator
(Harmonic Patterns Indicator) Attention!
Does not work on its own!
It's a part of the WaltSoft Fibonacci Patterns SCOUT which you can Get here . (also more info there) Settings Color Gartley = SteelBlue Color Papilionem = Gold Color Squalus = OrangeRed Color Carcinos = Khaki Color Deep Carcinos = Moccasin Color Vespertilio = DarkViolet Color Alternate Vespertilio = MediumVioletRed Color Five Legs = Aquamarine Color New Cypher = LightSeaGreen Color Quasimodo = Turquoise Color Navarro 200 = Me
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WaltSoft RNB MT5
R ound N umbers B ackground
The WaltSoft RNB Indicator adds scale and perspective to your charts. This indicator is free.
If you want Alerts and Notifications when price reaches a Big Round Number then you need the Plus version of this indicator.
Problem On a naked chart you have no clue of how much price has moved.
Solution Put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can choose. Not only that, but it can also draw horizont
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WaltSoft Trade Manager 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 instru
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WaltSoft Log Spread Indi
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/
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WaltSoft Log Spread EA
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
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WS Currency Strength
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 scen
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WaltSoft Trade Manager
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 instru
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WaltSoft RNB Plus
R ound N umbers B ackground
The WaltSoft RNB Plus Indicator adds scale and perspective to your charts.
In addition, this plus+ version can Alert you with a pop-up Alert, a Notification on your mobile or an email when price reaches a Big Round Number.
Problem On a naked chart you have no clue of how much price has moved.
Solution Put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can choose. Not only that, but it can also draw horizo
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Fibonacci Patterns SCOUT
The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns , also called Harmonic Patterns , and displays the results in a clear table.
Clicking on a Pair-Time Frame combination will open the relevant chart and displays the pattern(s) which you then can trade manually.
Unlike similar software, the WSFP SCOUT will detect Patterns in their very early stage . As soon as a patterns' C-point has formed it will detect and display this Emerging Pattern. Such an early warning is pricele
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WaltSoft Trade Manager MT5
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 instru
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WaltSoft RNB Plus MT5
R ound N umbers B ackground
The WaltSoft RNB Plus Indicator adds scale and perspective to your charts.
In addition, this plus+ version can Alert you with a pop-up Alert, a Notification on your mobile or an email when price reaches a Big Round Number.
Problem On a naked chart you have no clue of how much price has moved.
Solution Put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can choose. Not only that, but it can also draw horizontal
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WS Currency Strength MT5
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
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Filter:
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.
- 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.
- 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
- 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
- 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
- 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
- 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
- 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
- "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
- 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.
- 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.
- 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.
- 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
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.
- 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"
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
- 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
- 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
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
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