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Forex Trade Manager MT5

4.98

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 to commodities and crypto.

MT5 Trade Manager is also compatible with custom charts such as Renko or second-based charts.

With Trade Manager MT5, 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 Protect: Automatically closes trades at a 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 607
Marcin Dynus
23
Marcin Dynus 2025.07.08 19:44 
 

Must-have for position management. Has the options I needed and excellent support. Highly recommended!

carine09
19
carine09 2025.07.07 11:37 
 

Great trade manager, it is easy to use, with one click and all is setup, SL, TP, TP1 and BE line. I no longer look at the chart until I set the breakeven line or close partially TP. No more trailing of SL or TP since the trade manager help with R:R . The customer service has very quick response.

TT77IRL
209
TT77IRL 2025.07.04 17:01 
 

100% professional and easy to use. Thanks!!! :)

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Introducing the FX28 Trader Dashboard – Your Ultimate Trade Manager Unlock the full potential of your trading experience with the FX28 Trader Dashboard, a comprehensive and intuitive trade manager designed to elevate your Forex trading to new heights. Whether you're a seasoned trader or just starting on your financial journey, this powerful tool is engineered to streamline your trading activities and enhance your decision-making process. Key Features: User-Friendly Interface: The FX28 Trader Da
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TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) 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 custom
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"
This is the forex visual orders tool & forex position size (lot) calculator with intuitive panel. Risk Reward Ratio Indicator works on all kind of symbols: currency pairs, indices, metals, commodities, cryptocurrencies, etc. If you want to make sure that Risk Reward Ratio Indicator works on your favorite symbols contact us ( visit our profile ) and ask for 7-day free trial to test this tool without limits. If you want to place orders easier, faster and more intuitive? If you like to mark trad
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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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Marcin Dynus
23
Marcin Dynus 2025.07.08 19:44 
 

Must-have for position management. Has the options I needed and excellent support. Highly recommended!

carine09
19
carine09 2025.07.07 11:37 
 

Great trade manager, it is easy to use, with one click and all is setup, SL, TP, TP1 and BE line. I no longer look at the chart until I set the breakeven line or close partially TP. No more trailing of SL or TP since the trade manager help with R:R . The customer service has very quick response.

TT77IRL
209
TT77IRL 2025.07.04 17:01 
 

100% professional and easy to use. Thanks!!! :)

TraderHahn
19
TraderHahn 2025.07.03 08:01 
 

I usually trade directly on Tradingview or use Ctrader as you can place trades quickly with their risk reward calculator. I vary my risk size constantly so one click trading doesn't suit me. Jumping over to MT5 to do a prop firm challenge was not possible without your Trade Manager. I'm a scalper and without this tool, I don't know how I could possibly get in and out of the M1 quickly enough. Many features are also useful i.e. one cancels the other. Awesome tool to have. The software is amazing, but your support team are exceptional. Thanks for all your help Denis. It's reassuring to know that any questions or challenges I'm facing are addressed right away - and in detail. Gives me the confidence to build my trading strategy around this tool.

madnizam3047
23
madnizam3047 2025.07.02 16:15 
 

very good ea,this ea can be a greatfull tools for trader

Rexinp
24
Rexinp 2025.06.26 16:08 
 

I don't know what to do if the Operations Manager shows me a position error: code 10027. I would appreciate your guidance or steps to follow to resolve this issue, as I'm not sure what caused the error or how to proceed in this situation.

InvestSoft
80252
Reply from developer Janusz Trojca 2025.06.26 17:00
Please contact our technical support at https://www.investsoft.eu/contact .
Include detailed information and screenshots showing the error (code 10027). Our team will help you resolve it and, if needed, assist you via Zoom. Thank you for your cooperation.
InvestSoft Team
yiannisd
20
yiannisd 2025.06.26 06:49 
 

An Essential Tool for Serious Traders – Outstanding Support & Community The Forex Trade Manager MT5 is hands down one of the most powerful and feature-rich tools I’ve used on the MQL5 Market. From the moment I started using it, I was blown away by how intuitive, responsive, and precise it is. Whether you're scalping, swing trading, or managing multiple positions across assets, this EA adapts to your style with ease. The features are incredibly well thought out — from real-time risk calculation and draggable SL/TP lines to advanced trailing stop strategies and partial take profits. It removes the guesswork and lets you focus on executing solid trades with confidence. What sets this EA apart, though, is not just the tool itself, but the exceptional support team and the active, engaged community behind it. Every time I’ve had a question, the response has been fast, clear, and helpful. It’s rare to find developers who are this committed to supporting their users and continuously improving their product. The new updates and features they keep releasing show they’re not just maintaining the EA — they’re pushing the boundaries of what trade management can be. It’s exciting to be part of it. Highly recommend this to anyone serious about trading. 5 stars without hesitation!

Star Atharv
25
Star Atharv 2025.06.26 04:46 
 

I’ve tested dozens of risk management tools over the years, but this one? Built different. Precise lot sizing. Clean partial closes. Breakeven logic that actually works in real-time, not in theory. What truly impressed me was the trial version being fully functional ,tells you everything about the developer's integrity. I’ve used it manually, tested it in funded-style conditions, and it handles trades like a cold-blooded quant. Also, the support? Responsive and personal. Feels like having a real trader behind the code, not just some faceless bot factory. Thank you team, you’ve built something special. If you're a serious trader, this isn't optional , it’s your hidden weapon. ⭐⭐⭐⭐⭐

mahboobatiqi
29
mahboobatiqi 2025.06.25 13:02 
 

User didn't leave any comment to the rating

koxyzidis
24
koxyzidis 2025.06.25 08:31 
 

Absolutely top-notch plugin! The support is amazing – super helpful with all my questions and incredibly fast to respond. The Trade Manager itself is a must-have for anyone serious about forex trading. It makes everything easier, more organized, and efficient. Highly recommended!

NormShanks
19
NormShanks 2025.06.19 19:40 
 

This tool is a must for executing trades on MT5. Very smooth and easy to use for precise entries. I had issues initially getting the trades to fire, so I reached out to support and Denis responded within a few minutes with clear instructions on how to set up correctly. Highly recommend for anyone who is serious about making money in the markets

Mohammaad Almobark
23
Mohammaad Almobark 2025.06.18 11:27 
 

This is an absolutely amazing tool — simple, smart, and incredibly effective. I tested it on a prop firm account, and it works flawlessly. It’s super practical and reliable for managing risk properly.

But what truly stands out even more than the tool itself is the developer behind it — Denis.

He’s incredibly responsive, professional, respectful, and supportive. One of the best people I’ve dealt with in this space — and this is easily one of the best tools I’ve used.

Huge thanks to Denis for his great work and support — I truly appreciate it!

Eric Ruvalcaba
764
Eric Ruvalcaba 2025.06.15 05:23 
 

Great team and support, much more useful than the other options. They let me test-drive it before purchasing, a must have product for real traders.

JokerOnTrade
24
JokerOnTrade 2025.06.05 05:58 
 

The product works incredible it’s such a bless to trade with it, I had a small issue on the beginning cos it didn’t work on some pairs but it was a terminal issue. The support I had from Dennis was incredible, he replied every message in few minutes and helped me with video explanations and a good quality attention. Thank man 🙏.

Sof
22
Sof 2025.05.31 02:15 
 

Cant manually trade without this EA. Just amazing

neuktdg
86
neuktdg 2025.05.20 06:20 
 

Esta herramienta es una maravilla. Ayer mismo probe (pagando) otra que parecia tambien profesional pero nada que ver, pese a tener estrellas el funcionamiento era un horror, imposible operar con ella de todo punto... un fiasco. Sin embargo esta es todo lo que prometen y mas, tiene todo tipo de opciones y configuraciones y la herramienta es ligera y fluida, responde al instante sin ningun tipo de problema, lo cual es fundamental para nosotros... a la plataforma no le pesa nada, no se traba ni tiene inestabilidad, es bien solida. Entre la eficiencia de la herramienta y todas las opciones que incluye es una joya. De momento he comprado el alquiler por tres meses, pero pasado ese periodo estoy 99% segura, que despues de todo lo que he testeado voy a terminar haciendo el esfuerzo de comprar la herramienta completa. La recomendare a compañeros sin duda. Muy muy muy buena! gracias!

ButtPlug
19
ButtPlug 2025.05.14 09:55 
 

Fantastic tool - brilliant support from Denis - 5 stars!!!

Titus Goevaers
23
Titus Goevaers 2025.05.14 09:38 
 

⭐⭐⭐⭐⭐ A Must-Have Tool for Every Serious Trader Trade Manager is an outstanding piece of software that has truly elevated my trading workflow. It offers a perfect blend of precision, ease of use, and powerful functionality. Whether you're managing risk, setting complex trade setups, or organizing multiple positions, Trade Manager makes it incredibly efficient and intuitive. What stands out most is how it helps enforce discipline and consistency in trading. The ability to predefine risk, set stop loss and take profit levels visually, and execute trades with just a few clicks is invaluable—especially in fast-moving markets. For any serious trader looking to bring structure and professionalism to their trading strategy, Trade Manager is not just helpful—it’s essential. Highly recommended.

89814469
19
89814469 2025.05.08 17:41 
 

The customer service is amazing. They are quick to help me with any problems I have. The software itself is easy to use and very straightforward. Denis is part of the support team and he's been extremely helpful with any questions I have. Would recommend 100%.

stevejay
215
stevejay 2025.05.07 18:09 
 

Great product .. Makes entries do much faster and simple. Easy to use. There's a few out there but this one seemed about the best one at a good price. Denis was very helpful on a few questions I had. Answered the same day. Thanks 👍👍👍

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
- added ability to confirm the new opening price with the Enter key
- fixes and improvements
Version 3.39 2024.02.21
- 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 3.31 2021.10.21
- fixed an issue with saving settings for a pending orders
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