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Forex Trade Manager MT4

4.98

Welcome to Trade Manager MT4 - the ultimate risk management tool designed to make trading more intuitive, precise, and efficient. This is not just an order placement tool; it's a comprehensive solution for seamless trade planning, position management, and enhanced control over risk. Whether you're a beginner taking your first steps, an advanced trader, or a scalper needing rapid executions, Trade Manager MT4 adapts to your needs, offering flexibility across all markets, from forex and indices to commodities and crypto.

With Trade Manager MT4, complex calculations become a thing of the past. Define your trade by marking entry, stop loss, and take profit levels with simple, draggable lines. Set your risk, and Trade Manager instantly calculates your position size and shows real-time SL and TP values in pips, points, or account currency. Every trade is organized and managed effortlessly.

Key Features:

  • Position Size Calculator: Determine trade size instantly based on defined risk, so you never have to guess.
  • Easy Trade Planning: Plan trades directly on the chart with draggable horizontal lines for entry, stop loss, and take profit.
  • Real-Time Display of SL and TP: View stop loss and take profit in account currency, pips, or points for easy analysis.

Advanced Protection Tools

  • Break Even Options:
    • Basic Break Even: Protect your profits with automatic breakeven placement.
    • Multi-Level Break Even: Set up to 4 levels for increased security as your trade progresses.
  • Trailing Stop Variations:
    • Basic Trailing Stop: Adjust with each price move.
    • Multi-Level Trailing Stop: Customize up to 4 levels.
    • Trailing Stop Following Highs and Lows: Adapt to market momentum.
    • Moving Average-Based Trailing Stop: Tailored for trend-followers.
    • ATR-Based Trailing Stop: Account for market volatility.
    • Partial Closure Trailing Stop: Lock in gains progressively.
  • Partial Take Profit and Stop Loss: Secure profits gradually with partial TP and SL adjustments.
  • Equity ProtectAutomatically closes trades at set profit or loss limit to protect capital and control drawdowns.

Stealth and Efficiency Tools

  • Hidden Mode: hide SL and TP, and pending orders to prevent "stop loss hunting".
  • Automated set SL and TP for External Orders: Protect orders opened by mobile or other EA.
  • Trailing Pending Orders: Allow pending orders to follow current price dynamically.

Precision Trade Execution

  • Limit Pullback Orders (LPO): Gain better entry prices by waiting for strategic pullbacks.
  • Quick Trade Closure: Close all trades, or choose specific profitable, losing, buy, or sell trades with one click.
  • One-Click Pending Order Deletion: Clean up pending orders instantly.
  • Large Trade Splitting: For high-volume accounts, split large trades into manageable portions.

Efficiency and Customization

  • Save and Load Settings Templates: Simplify repeated tasks with customizable templates.
  • OCO (One Cancels the Other): Automatically cancel opposite pending orders when one is activated.
  • Risk-to-Reward Ratio Management: Maintain a balanced risk-to-reward ratio with each planned trade.

Trade Manager’s simplicity, combined with cutting-edge risk management features, is why we are one of the top-rated tools on the MQL5 Market. Our customers rave about the intuitive design, reliable lot size calculator, and responsive support team.

Explore the “Reviews” tab to see why traders worldwide rely on Trade Manager EA to gain an edge. Ready to experience it for yourself? Contact us via our profile for a free 7-day trial.


Reviews 464
erodbur_mt
34
erodbur_mt 2025.07.10 12:26 
 

Great tool + support.

Petr Kolar
238
Petr Kolar 2025.07.07 14:10 
 

Great tool. Quick support.

fiogol
82
fiogol 2025.06.25 11:42 
 

Bought it on both mt4 and mt5. And the support is top notch.

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Eugeni Neumoin
Программу можно использовать как советник для ручной и полуавтоматической торговли. Или как индикатор для выявления структуры рынка. В торговой части программы отсутствуют ордера Sell, Buy. А также лимитные и стоповые ордера. Вместо этого на график выводится торговая рамка для сделок на продажу -  SELL  или на покупку - BUY . У торговой рамки имеются три уровня. Уровень открытия будущего ордера. Уровень стопа и уровень профита. Влево от торговой рамки выводятся три линии. Перемещая данные линии
This means now you can trade on multiple MetaTrader 4 accounts simultaneously, mirror the trades of any trading bot to your friends and family accounts (even if it is locked to your MT4 account number), create investment portfolios of many MT4 accounts, remove risk of unregulated Forex brokers, turn losing trading strategy into a winner and become an independent account manager immediately without the need to sign any contracts or opening expensive PAMM accounts with the broker. Reverse Trading
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Welcome to Trade Manager MT5 - the ultimate risk management tool designed to make trading more intuitive, precise, and efficient. This is not just an order placement tool; it's a comprehensive solution for seamless trade planning, position management, and enhanced control over risk. Whether you're a beginner taking your first steps, an advanced trader, or a scalper needing rapid executions, Trade Manager MT5 adapts to your needs, offering flexibility across all markets, from forex and indices t
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TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
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"TPA Sessions" indicator is a very important tool to complement  "TPA True Price Action" indicator . Did you ever wonder, why many times the price on your chart suddently turns on a position you can't explain?  A position, where apparently no support or resistance level, or a pivot point, or a fibonacci level is to identify? Attention!!!  The first run of the TPA Session indicator  must be in the open market for the lines to be drawn correctly. Please visit our blog to study actual trades with
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erodbur_mt
34
erodbur_mt 2025.07.10 12:26 
 

Great tool + support.

Petr Kolar
238
Petr Kolar 2025.07.07 14:10 
 

Great tool. Quick support.

fiogol
82
fiogol 2025.06.25 11:42 
 

Bought it on both mt4 and mt5. And the support is top notch.

connrtm
24
connrtm 2025.06.17 20:57 
 

I've been using the Trade Manager and it's honestly one of the most powerful and intuitive trading tools I’ve come across. Whether you're managing multiple positions or just want more control over your entries, stop losses, and take profits, this tool gives you everything you need. What really sets this product apart is the exceptional user support. The team is fast, responsive, and genuinely helpful whether it’s installation questions or feature clarifications, they’ve always delivered. Highly recommend this tool for serious traders looking to streamline their trading and manage risk more effectively. Worth every penny.

josedan
335
josedan 2025.06.12 11:21 
 

Dennis has been supportive, I have tons of trade manager, but I can tell you that this is the best of all of them. It has every thing you want

Larrydeelf
559
Larrydeelf 2025.05.21 12:21 
 

this EA is Great I love it one of the best investment I have ever made in my trading career .

Lindsay Hughes
37
Lindsay Hughes 2025.04.16 17:46 
 

I like this tool. The learning curve has been short, and it does exactly what you ask it to do. This is the best on-chart MT4/5 trade manager I have tried, and it is better than most off-chart managers, with easy tools, point and click trading, and great templating! Nicely done!

xtradernick
19
xtradernick 2025.04.01 21:48 
 

This product is more than excellent I have used different trade managers before, some were quite buggy and not very easy to use. I highly recommend this trade manager for any inspiring Trader. Denis in support was more than helpful in me getting it up and running he even went the extra mile and gave his support on the weekend.

Sebastian Ritter
23
Sebastian Ritter 2025.03.28 10:03 
 

Hey everyone, I had some issues to set it up because Im not so familiar with MT4. I had a lot of questions to the support. The Trademanager is working very well when set up correctly and the support is great with very fast response! Try to help and support any time!! Highly recommanded from my side. With the TP and BE function it changes everything for me!

cestino777
19
cestino777 2025.03.17 09:58 
 

I think this application is awesome and very sophisticated. Everything I would like to do when trading with MT4 are included. Also the response of support is very quick and useful. I greatly appreciate him. I recommend all the traders of MT4 to touch this, then they'll feel how wonderful it is.

MP_mpap
491
MP_mpap 2025.03.13 23:03 
 

Congratulations!!! A well-rounded piece of work, easy to use, and flawless! 👏👏👏

Woodstocks
99
Woodstocks 2025.03.05 17:06 
 

This EA is exactly what i needed to manage my trades. I use it especially for the multiple TP as im trading with fibo. Also the BE levels when take profits is reached is a awesome feature. Denis was very supportive and fast communication. I bought it for for the 2 platforms mt4 and mt5 immediatly. Recommend it for everyone that needs to manage trades if you are serious in trading.

benino
46
benino 2025.03.03 16:15 
 

I bought both the MT4 and MT5 Trade Managers and they make trading so much easier! Once I draw in the entry price line, the stop loss and take profit levels are automatically adjusted for me. In terms of technical support, Denis is wonderful. He responds very quickly to my emails and his explanations are a cinch to follow.

Meilyr
19
Meilyr 2025.02.26 18:34 
 

This is a very solid product and I highly recommend it. The interface is very clear, uncluttered and intuitive to use. I tested many other trade managers but kept coming back to this one. Everything you need to manage a trade is in front of your eyes, on one panel, so you don’t have to flick through tabs to get things done. This was important to me as was having an easily accessible ‘Close All’ button. Denis at InvestSoft provides excellent product support. He answers emails very quickly and goes above and beyond in his answers to any questions.

antoine navarra
48
antoine navarra 2025.02.22 12:37 
 

love it work very well........

WarungTradersGroup
98
WarungTradersGroup 2025.02.19 03:32 
 

the best ever tool to trade! without trade manager, i even didnt have the courage tp place entry. Tq Denis and janusz ! u guys are incredible !

Dannyvw2
19
Dannyvw2 2025.02.17 14:20 
 

The software is very powerful and easy to use. The customer service is awesome. Highly recommended!

Christopher Asucro
156
Christopher Asucro 2025.02.05 15:19 
 

For a long time that I looking for a trader assistance that can help my trade, I found you.. easy to use and having a peace of mind after entering a trade, watching the trailing stop following the price = perfect!, and the customer service responds quickly.. I recommend this to everyone..

YanniX
19
YanniX 2025.02.04 19:03 
 

Fantastic software, flexible, very user friendly. Great follow up customer service, many thanks Denis !

alexcollin
19
alexcollin 2025.01.30 13:56 
 

If there is anyone with more patience than Denis at TradeManager, my hat is off to them! I had not traded for 2 years caused by cancer and my TradeManager would no longer load. I emailed them and they showed me how to update the software and now back to trading with the updated TradeManager, Thank you Denis!!!!!!!!!!

Reply to review
Version 3.60 2025.07.04
- added new EQL parameter in the Equity control feature – allows defining profit targets and loss limits as absolute Equity values rather than relative to the account balance
- enabled support for custom charts – Trade Manager can now be used on various non-standard chart types such as Renko charts, second-based charts, etc. (MT5 version only)
Version 3.50 2025.05.12
- added Equity control feature - allows setting a profit or loss limit, defined either as a percentage of the account balance or as a fixed value in the account currency. Once the limit is reached, all trades are automatically closed.
- enabled support for negative percentage (%) values in Break Even and Trailing Stop functions.
- implemented new label tags on Open, Stop, and Target lines to display full-point precision (no decimal values), useful for instruments like XAUUSD, DAX, US30 etc.
- added a visual warning when lot size calculation issue detected - the lot size field background color in the main panel turns red.
Version 3.41 2024.11.06
- fixed issues with the functionality of certain program features after loading settings templates
- fixed the manual partial trade closing function when the "lot" parameter is selected
Version 3.40 2024.10.14
- added saving and loading panel settings – settings templates
- added displaying profit and loss in the "Close Trade" section as currency, pips, or percentage of balance
- added category selection in the "Close Trade" section for Profit & Loss or Buy & Sell
- added keyboard shortcut to the opening price modification window
- fixes and improvements
Version 3.39 2024.02.21
- multi-level Break Even operation fixed
- improved drawing of partial profit closing lines
- added the ability to specify the transaction risk precision (from 0 to 3 decimal digits)
Version 3.38 2023.12.18
- added Multi-level Break Even
- added Multi-level Trailing Stop
- added Trailing Stop following high and lows
- added Trailing Stop based on a Moving Average
- added Trailing Stop based on the Parabolic SAR indicator
- added Trailing Stop based on the ATR indicator
- added Trailing Stop following the partial closing levels of the trade
- hotkeys improvements
- reconstruction of the manual Break-Even and Partial Cosing sections in the main panel
- fixes and improvements
Version 3.37 2023.06.05
- added virtual/hidden pending orders
- added trailing pending orders
- added Limit Pullback Orders
- added automatic correction of the SL and TP distance after placing the market order
- implemented expanding/collapsing sections in the main panel
- added possibility to disable (hide) spread
- fixes and improvements
Version 3.36 2022.12.19
- added hotkeys
- added trading alerts
- added current spread visible in main panel
- new function to include spread in Stop Loss and Take Profit
- new tags to show current profit as % of account balance/equity
- possibility to run cyclic refreshing of SL and TP distance based on ATR
- possibility to modify only SL or only TP for a group of orders
- some fixing and improving
Version 3.35 2022.09.30
- added stealth mode for SL / TP - possibility to hide stop loss or take profit
- added possibility to disable SL / TP
- added automatic SL / TP setting function for orders opened without stop loss and take profit
- possibility to define Trailing Stop parameters as risk reward ("rr")
- possibility to set parameters of partial closing, Trailing Stop and Break Even as price / level
- a new tag has been added that displays the ratio of the current profit to the initial stop loss for a market order
- possibility to modify SL / TP or close a group of orders (buy orders, sell orders, all orders)
- added the possibility of dividing the order into batches of the selected size
- fixed unlimited lot function for pending orders
Version 3.34 2022.04.25
- visualization of partial closing levels on a chart
- new tags have been added to the text configuration
- improvement and optimization of the open/stop/target block operation
- abandoning the transparency of texts on the bars in open/stop/target block
- the possibility of increasing the height of the bars in open/stop/target block
- correct work with chart templates
- added possibility to trade a lot greater than max. allowed lot (divided into few trades).
Version 3.33 2021.11.11
- fixed bugs and improved operation of the open / stop / target block
Version 3.32 2021.10.29
- fixed the behavior of the bars at the order opening price when scrolling the chart (it keeps fixed localization)
- fixed the display of the open / stop / target block when scrolling and scaling the chart
- the location of the panel window was taken into account when adding information bars for orders. When the panel is displayed on the right, bars are added at the left edge of the chart and vice versa
Version 3.30 2021.10.21
- information bar for each order placed
- the possibility of modifying the order by dragging the lines on the chart
- an additional panel for managing individual transactions, allowing you to set separate settings for each order.
- changing the operation rule for automatic Break Even. After the execution of the Break Even function, it is turned off, which allows for further "manual" control of the stop level.
- in the parameters of partial closing, you can use the "rr" unit when determining the activation level with the active Trailing Stop and Break Even (the program remembers the initial stop loss)
Version 3.20 2021.05.28
- new additional options of panel zoom: 80%, 200%, 225%, 250%
- added a dialog box where you can set the exact level of the opening price (showing by a Ctrl+left-click on the open bar)
- including commission in lot calculations
- two pin states SL and TP: a single click on the pin is a SL / TP pinned that can be moved with the mouse; a double click is an SL / TP pinned without the possibility of moving the mouse
- support for symbols with lot lower than 0.01
- improvement of the prefix and suffix auto-detection procedure
- exclusion of the import of SL and TP values from the settings of other symbols
Version 3.1 2021.04.01
- fixed issue with panel maximise at big screen resolution
- improved a block/lines drawing for some cases
Version 3.0 2021.03.30
- new look for the open / stop / target line
- reverse button at the open line to flipping long / short position
- pin button at the stop and target for pinning levels separately
- no need to double-click the line with the left mouse button before moving
Version 2.41 2020.10.27
- fixed issue with BreakEven (percent and RR option)
- improved display of text on buttons on high screen resolutions
- fixed problem of the panel hiding behind the char area with zoom greater than 100% and right alignment
- improved calculation formula for "Futures"
Version 2.40 2020.10.23
- added OCO (One Cancels the Other) function
- drawing and clearing lines (open, stop and target) is on the one button
- trailing stop: activation parameter as % of distance to TP and parameter trailing as protection of % of earned profit.
- ability to disable button to open market orders when lines (open, stop and target) are drawn on the chart (pending orders only)
- ability to set max. lot size. If this size is exceeded, a warning message box will appear.
- display on the lines the amount value in the account currency of the stop and target without cents
- display stop and target as a % of the account balance or equity
- the third option for setting the distance of partial order closing and breakeven activation: Risk Reward (rr)
- break even offset as % of earned profit ("Profit" parameter)
Version 2.31 2020.10.02
- fixed an issue with "Move SL to BE" option
Version 2.30 2020.09.25
- added SL/TP fields to the panel
- add comment field into the panel
- add option to place open line x pips below/over candle
- handling different order filling types (only MT5 version)
- improved partial closing algorithm to handle also trades without SL/TP
- improved calculation formula for "Futures" and optimized orders closing procedure
Version 2.20 2020.08.14
- added an option to automatically close a part of open orders
- added a button on the panel for manual closing a part of open orders
- added a button on the panel for manual moving Stop Loss to Break Even.
Version 2.11 2020.07.09
- improved panel visibility on high screen resolution. In the Trade Manager's settings window there is possible to choose 1 of 4 variants of panel zoom: 100%, 125%, 150%, 175%
- bug fixes
Version 2.1 2020.06.23
- flexible line texts configuration. Now it is possible to display distances as price, in pips and in points or in account currency. Also it is possible to display risk reward ratio value and lots;
- automatically hide lines after order fill (as an option default on);
- automatically minimize panel after order fill (as an option default off);
- possible set default distance of stop loss & take profit lines when drawing it on chart as fixed value in pips or a multiple of the ATR value. ATR parameters to set in Trade Manager settings window;
- moved "close" buttons set to the first tab to make all open and close buttons available without need to switch between tabs;
- new tab: config;
- moved Risk Reward Ratio parameter from settings window to config tab;
- moved Allowed Risk % from settings window to config tab;
Version 2.0 2020.04.29
- adding break even and trailing stop options
- window reduction in a minimized state
Version 1.1 2020.03.26
- buttons for quick open BUY/SELL orders (without drawing lines on chart)
- automatically adjust open price, stop loss and take profit to the nearest valid price. e.g. when price is quoted with 2 decimal points, but tick size is 0.25 (mainly for CFD)
- remembering state of panel when changing chart timeframe