Market / MetaTrader 5 / Utilities /

Forex Trade Manager MT5

99 USD

Demo downloaded: 6 634

Published: 31 May 2019

Current version: 3.39

Forex Trade Manager MT5

4.98

Utilities
InvestSoft
Version: 3.39
Updated: 21 February 2024
Activations: 10

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? What percentage of your deposit should you risk on this single trade? How much can you profit from this trade and what is the profit to risk ratio? Before you set the trade size, you do the necessary calculations to get an answer to the question of what the trade size should be.

Imagine that you have a tool that does all this automatically. You open a chart, make a market analysis and mark with horizontal lines the entry point, defence point (stop loss) and target (take profit), and at the end you define the level of risk, e.g. as a % of available capital, that you are able to bear in this transaction, and the program at this point provides:

the acceptable transaction size for the defined risk and stop loss size
Stop Loss and Take Profit values in pips, points and account currency
risk to reward ratio

Now all that remains is to click the appropriate button on the panel to open the trade.

If you are a scalper and need to quickly open and close trades without setting defenses or targets, then you have everything at your fingertips in the Trade Manager panel, where you can define fixed order parameters and quickly open them by clicking the 'Buy' or 'Sell' button.

Closing or deleting orders is also done directly from the Trade Manager panel, where you can close everything with one button, or select a specific type of pending order, or close only profitable or loss-making trades.

Another problem with forex trading is trade management. You have probably encountered a situation where you stepped away from the screen for a moment and the market made a sudden move. If you had been at your computer at the time, you would have been able to gain a lot more by reacting quickly enough.

In this situation, the best solution is to set up a robot to control your trades 24 hours a day. In Trade Manager you have the following functions for managing your positions:

automatic break even - the program will protect your trade from loss when it reaches minimum profit
trailing stop - as your trade gains, the program secures another portion of the profits
partial closes - as the price moves in the right direction and your trade reaches further intermediate targets, the program will start to realise profits by closing further parts of the trade
one-cancels-the-other order (OCO) - you can set up opposite pending trades, e.g. expecting the price to break out of a consolidation. If one of these is activated, the program will automatically cancel the other trade.

By using the Trade Manager in your day-to-day trading you are always aware of the risks you are taking, and you keep your trades and your account under control at all times.

The Trade Manager's intuitive and straightforward interface means that it will only take a moment to get to grips with the program, and our technical support is available whenever questions arise. If you want to have an edge in the market, you need to be "armed" with good tools.

EA Forex Trade Manager works on all kinds of symbols: currency pairs, indices, metals, commodities, cryptocurrencies, etc.

If you want to test the FULL FUNCTIONAL VERSION of the Trade Manager before you buy, contact us (visit our profile) for a free 7-day trial.

more...

stefan57 2024.04.16 12:14 #

I bought the Trade Manager for MT4 over a year ago when I kicked out the Magic Keys I used before, and it's a decision I've never regretted. Now that I'm moving to MT5 it was a no-brainer to get the MT5 version as well. Another reason I use the Trade Manager is their support. Denis is always there (it feels like) with quick answers if there is anything I wonder about. The Trade Manager has lots of settings, and is at the same time the easiest Trade Manager to use of all the ones I tested. Set the risk you want to take, lot size or percentage of Balance/Equity and everything is calculated automatically, it is super easy to take trades quickly. Do you want to trail the SL? Super easy to do... Want to take partials? Easy, and you can have multiple TP and SL also... Want to move SL to BE? Easy, multiple ways to do it... As I said at the beginning, I've been using it for over a year, and it would be hard to do without it now :-)

DXFXProMT5 2024.04.15 11:46 #

I was looking for a FX trade manager app and came across this on Youtube. After contacting the website support I was sent a trial version. Denis has been unbelievably supportive from the start. I am amazed at the support, patience and speed of responses. Just Fantastic. After the first week of trial I needed an extra week just to be comfortable and Denis sent me an exited trial version. I have now purchased the lifetime version. The app itself took me sometime getting used it (but that is probably because I have never used a trade manager app), but once I had the figured out the way it works and needs to be configured, It has worked well for me. Every question was answered promptly by Denis. Great range of settings to suite most trading styles. It has definitely provided me with more advanced ways of managing my FX trades and improved my strategy. A worthwhile purchase and highly recommended. hank you Denis for the great product and exceptional service.

AlphaBeta100 2024.04.08 18:18 #

This is a great trading asset. I have a UK spread-betting account and I only needed to make two adjustments in the properties window for it work perfectly with my account. It shows GBP and all calculations are automatic and precise. he supplied manual includes a whole series of short video 'how-tos' and setting it up with every kind of automation for stops,limits, manual or automated means total concentration is on the market movements - all the other stuff is done for you. The visual on'screen dynamic display when trading is brilliant. Full marks foran exceptional EA from me. My trading is now, so enjoyable and profitable.

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399 USD

99 USD

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"

168 USD

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 custo

168 USD

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 tr

30 USD

"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

50 USD

"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 wit

50 USD

Filter:

stefan57 2024.04.16 12:14 #

DXFXProMT5 2024.04.15 11:46 #

AlphaBeta100 2024.04.08 18:18 #

hansell15 2024.04.08 14:49 #

I think is the best trade manager, all the functions that you are looking for are in this product. First, I bought the 3 months subscription, but after that, i will bought the lifetime option, and Denis is there to help you with anything, really quick response time.

kokaine 2024.04.04 07:00 #

I was using months ago another trade manager, since im switched to this one ive noticed the difference in positive and im sincerly happy. Ive used this trade Manager 3 months and now renewed for other 3 months, Its comfortable to use with many features. Denis at the support its amazing and very fast and helpful in the asnwers for any concern.

Billante44 2024.04.03 13:11 #

Awesome!

mafl4859_20 2024.04.03 09:55 #

Ottimo prodotto, Denis è stato tempestivo a fornire tutte le indicazioni richieste. Consigliato

Hood Kharbooshi 2024.03.29 14:48 #

very practical app and more than that, the support team is very quick and helpful.

axme 2024.03.28 16:46 #

This is my second purchase from InvestSoft; the first was the MT4 version, and I am pleased with how convenient their trade manager is. Denis provided exceptional support, especially when I proposed having something like physical keys. I'm also hopeful that they will develop a CTrader version, as many prop firms are now transitioning to this platform.

Alessio 2024.03.28 10:40 #

Great product! Very useful and accurate, it has helped me a lot in managing my operations. Additionally, there is good customer support ready to respond if needed. Highly recommended! Thank you 🙏

Marco 2024.03.27 12:22 #

Best trade manager I have used so far and I have tested all the ones available on MQL5. Great and very fast customer support.

JonasBlue 2024.03.23 18:12 #

Very good Trade Manager i love it. And a very fast Support

varun web3 2024.03.21 21:50 #

Great product and super helpful staff. Very quick to respond. Shoutout Denis

123

Mic Holand Rodrigues Ferreira 2024.03.21 14:36 #

"Trade Manager" is very good, it has everything a trader needs to make their work easier. I would like the next update to add fixed partial take profit, not virtual. The virtual one is very good but I always need to have a VPS so I recommend that it has the alternative that when making the trade the manager already sets the fixed take profits. Example: I buy 2 lots of XAUUSD: The "Trade Manager" makes 2 entries of 1 lot and already defines the take profits at that moment in a real, not virtual way. Thanks!

68556

Reply from developer Janusz Trojca 2024.03.22 09:55 #

Thank you for your kind words about our product and for your suggestions. We added it to our to-do list. We will contact you in a private message.

LDS 2024.03.13 11:35 #

What a great tool, I can't trade without it. I was struggling to figure something out and Denis had a lot of patience with me. I am very pleased with both the product and their prompt and knowledgeable customer service. Highly recommended!

PtodaG 2024.03.11 11:07 #

Awesome product, quick and helpful customer support. I love it :)

Wojciech Jarzynski 2024.03.11 10:22 #

just to summaries quickly, this is a Swiss knife of trading managers. The variety of options is just unbelievable you will find here everything you need for any strategy. On top of that the customer service experience is 10*! Thank you for your building it and sharing is with us!!

162

Chi Fung Dennis Lum 2024.03.09 15:39 #

This is a simple yet practical EA that meets my needs and significantly improves trading efficiency. Denis is very helpful, always ready to answer any questions. This experience has been truly delightful and is highly recommended.

talshemtov 2024.03.05 18:37 #

Working grate, The developer is willing to add functions as needed Great support, clear instructions I do have MT4 and MT5 versions

dean.alan 2024.03.05 15:41 #

what a great bit of kit really does do what it says on tin, and to top that the support WOW! response was so quick and answered everyone of my amateur questions. Dennis was an absolute star. just what you need

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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