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Auto Trade Driver

Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules.

This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time.

With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy you chose.

Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/4660

Auto Trade Driver is the combination from two other tools:

Followings are main features:

1. Place Order Panel

This panel is used to calculate required volume that meets your accepted stop loss risk. You choose EP and SL with a specified risk percentage of balance that you accept to lose at that stop loss point (including commission), the tool will auto-calculate required volume.

Then, you just need one click on the button BUY, SELL, or PLACE ORDER (with pending order), and order will be sent immediately.

If you want to calculate and place order with other pairs, just use this tool with those pairs.

Below are parameter settings:

  • Commission Type: This is how your broker charges commission. It's "Account currency" if commission is charged on account currency unit, and "Base currency" if commission is charged on base currency of trading pair.
  • Commission Per Lot: The amount of currency units that charged as commission for a round turn standard lot. If your broker/account type doesn't charge commission, just leave this value as zero.
  • Stoploss Risk: The risk percentage that you accept to lose if stop loss occur.
  • Est. Loss+Commission: The total loss you will incur at stop loss point. This total loss amount includes order's loss and order's commission.
  • Order Type: Choose the order type that you want to take place.
  • Order Comment: Note for your order as regular MT4 order's comment.
  • Set SL/TP By: Choose how to set Stop loss/Take profit point. It's "Price" if you want to set SL/TP by a certain price value, "Distance" if you want to set them by a distance from the entry point.
  • Adjustment Step: Increase/Decrease space of the price adjustment when using Increase/Decrease arrow button
  • Stoploss/Takeprofit/Distance: Value to determine the Stop loss/Take profit point. Setting Stop loss point is mandatory to calculate appropriate volume (you may remove Stop loss later if you want, but need to enter a value to calculate volume and place order). Leave Take profit as zero means setting an order without take profit.
  • Order Dragging feature: When you are setting EP/SL/TP on the control panel, you will also see that there are horizontal lines with corresponding level on the chart. You can select those lines and drag them to adjust order EP/SL/TP. Due to those level, order type will be auto selected.

2. Protection Control Panel

  • Apply to: Choose which kind of orders will be protected, there are some options: All orders, Buy orders, Sell orders, Custom ticket order, Custom magic number order, Account value.
  • For current pair check box: Check this box if you only want to apply protection on selected orders (by Apply to) for current pair only.
  • Type: Protection type that will be applied.
    • Barrier: When order make profit at X points, then stop loss will be moved to Y points from EP.
    • Profit/Loss distance: Set a fixed distance at which selected orders will be closed.
    • Profit/Loss percent: Set a fixed profit/loss percentage at which selected orders will be closed.
    • Profit/Loss amount: Set a fixed amount of money at which selected orders will be closed.
    • Drawdown/Growth %: Set a fixed entire account drawdown/growth percent at which all opening orders will be closed.
    • Drawdown/Growth $: Set a fixed entire account drawdown/growth amount at which all opening orders will be closed.
  • Protect status button: Enable/Disable Protection by clicking on this button. Protection takes effect in real-time with its current settings and Protection status immediately. If you want to view other settings without taking effect, just disable Protection before change.

3. Trailing-Stop Control Panel

  • Apply to: Choose which kind of orders will be stop trailed, there are some options: All orders, Buy orders, Sell orders, Custom ticket order, Custom magic number order.
  • For current pair check box: Check this box if you only want to apply trailing on selected orders (by Apply to) for current pair only.
  • Type: Trailing-stop method that will be applied. There are 5 methods:
    • Fixed distance: This is like common trailing method that MT4 provide. But it's even better since you can set a distance smaller than Stop/Limit level, that means Stop/Limit level set by broker is skipped now.
    • Moving Average: Moving average can be used in many ways for trailing stops. MA trailing is a pretty fast to lock profits. Trailing with MA High/Low is also a good idea.
    • Parabolic SAR: Using PSAR is a safe way to trailing. It's a long runner if you catch a trend.
    • Zigzag channel: Zigzag channel is made from the boundary of zigzag swing points. Like PSAR, Zigzag channel is a "slower but longer" trailing.
    • ATR value: Average True Range (ATR) determine the average volatility of price at the meantime. So, trailing base on its value is favorite choice of many traders.
  • Aggressive mode: Check this box if you want to trail stops from the order's opening base on price value (original stop loss distance may be reduced step by step). Unchecking this box will make trailing-stop to take effect only when trailing-point makes profit only.
  • Show trailing mark: Checking this box will show the indicator mark on the chart that reflect the selected trailing method.
  • Trailing status button: Enable/Disable Trailing by clicking on this button. Trailing takes effect in real-time with its current settings and Trailing status immediately. If you want to view other settings without taking effect, just disable Trailing before change.

4. Partial Close Control Panel

  • Apply to: Choose which kind of orders will be partially closed, there are some options: All orders, Buy orders, Sell orders, Custom ticket order, Custom magic number order.
  • For current pair check box: Check this box if you only want to apply partial close on selected orders (by Apply to) for current pair only.
  • 1st Close: Choose X percent of order's volume to be closed for the first time whenever the order makes profit of A points from EP.
  • 2nd Close: Choose Y percent of order's volume to be closed for the second time whenever the order continues to make profit of B points from EP.
  • 3rd Close: The rest volume of order will be closed whenever it continues to make profit of C points from EP.
  • Partial close status button: Enable/Disable Partial close by clicking on this button. Partial close takes effect in real-time with its current settings and Partial close status immediately.

5. Order Shortcut Control Panel

  • For current pair check box: Check this box if you only want to apply the shortcut command for the current pair only.
  • Close: This shortcut is used to perform close command on selected opening orders: All orders, Buy orders, Sell orders, Winning orders (Profit+Commission>0), Losing orders (Profit+Commission<0).
  • Delete: This shortcut is used to perform delete command on selected pending orders: All (pending) orders, All Buy Stop, All Sell Stop, All Buy Limit, All Sell Limit.
  • Remove Stoploss: This shortcut is used to remove stop loss from selected orders: All orders, Buy orders, Sell orders, Winning orders, Losing orders, Pending orders.

6. Trade Statistic Panel

  • To view trade statistic panel, just go to Setting menu --> Show trade statistic. This panel helps you to overview your account statistic in the mean time, which includes Buy orders, Sell orders, Winning orders, Losing orders, Total potential SL and Total potential TP.
  • To move this panel, just click on Move icon on the right and place the panel wherever you want on chart.

7. Other Highlight Features

  • Allows to adjust EP/SL/TP points before you place an order by dragging directly on the chart.
  • Auto-recognizes pending order type based on EP and SL value. No more mistake in choosing Stop or Limit order.
  • No need to re-load Expert when changing parameters, everything changes directly on control panels.
  • Auto restores the previous settings and status after terminal restart or power-off.
  • Flexible/minimize-able control panels that save the chart space.
  • Protects and trails stops without the limitation of Stop/Limit level set by broker.
  • Allows to apply on multi-charts to follow multi-rules with "First-come first-served" basis.
Reviews 16
Evgeni Nazarov
Evgeni Nazarov 2020.08.15 10:36 

Отличный продукт. Я вообще в шоке от самого себя, почему я ранее не начал использовать Риск Менеджер. Данный советник высвободил мне кучу времени и снял стрессовое состояние, которое у меня было из за постоянного мониторинга графика. Сейчас запускаю его и занимаюсь другими делами, он четко фиксирует и тралит прибыль, неделя работы с ним отбила мне целый убыточный месяц работы в ручную без него!

Bullish4x 2020.05.09 06:11 

Auto-trade driver has made me a happy client of one year now. It helps manage everything, taking off the emotional demands while also allowing you focus on other activities!

SilentForex 2019.07.03 08:26 

This is the only trading manager you'll ever need your entire career as a professional trader.

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Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
149 USD
PZ Triangular Arbitrage EA MT4
Arturo Lopez Perez
A triangular arbitrage strategy exploits inefficiencies between three related currency pairs, placing offsetting transactions which cancel each other for a net profit. A deal involves three trades, exchanging the initial currency for a second, the second currency for a third, and the third currency for the initial. During the second trade, the arbitrageur locks in a zero-risk profit from the discrepancy that exists when the market cross exchange rate is not aligned with the implicit cross exchan
349 USD
Marvel Hanjani
MTGPricePanel is an indicator that can help you monitor the price movement. Equipped with the opening price, monitoring the spread, last price, and daily changes. You can enter up to 19 symbols at once. Main Features: show Open Price Show Spread Show Last Price Show Broker Time Show Daily Change or Change% Customizable Color supports all suffix for currency MTGPricePanel currently only supports currency and some commodities, and also does not support 4 digit brokers
100 USD
Pearl Diver
Oles Filonenko
This is a powerful streaming system of tools for technical analysis; it can be used for build trading strategies. A specially selected set of internal modules provides wide target functionality for trading, from intraday trading to the long-term strategic positioning. In general, the system represents one of the implementations of ideas and principles described in the article at https://www.mql5.com/en/articles/1350 . Let us consider the composition of the modules: Murray square 8x8 with the Gan
220 USD
News Trader Pro
Vu Trung Kien
News Trader Pro is a unique robot that allows you to trade the news by your predefined strategy. It loads every piece of news from several popular Forex websites. You can choose any news and preset the strategy to trade it, and then News Trader Pro will trade that news by selected strategy automatically when the news comes. News release gives opportunity to have pips since the price usually has big move at that time. Now, with this tool, trading news becomes easier, more flexible and more exciti
299 USD
Xianba Xia
This is a good tool for the analysis of transaction history records in Forex platform, and it can display the history of transactions recorded on the chart, while the time and the price are displayed in the form of a two-dimensional graph. It is convenient for the traders analyzing transaction records of others, or summarizing their own ones in order to improve the level of trading in the Forex market. Instructions Buy Orders: Opening position is a red box, the box values are opening prices; c
100 USD
Corvus ind
Alexander Kirillov
The information panel displays information about the price approaching significant support and resistance levels, or trend channels. Language is set automatically depending on the terminal interface language (English/Russian). The panel consists of three sections: an information panel, a trading panel, and a channel control panel. The information panel and the trading panel can be turned off. Location of the panels on the screen can be changed. To move a panel, double click on it (clock/name of
100 USD
KL 4X Lab
Krzysztof Lorenc
The 4X Lab is a next generation software that massively helps professional traders take full control on chart, alerts and orders. Control your trading intuitively, easily and precisely. Place orders using four unique methods, all in accordance with Risk Management, all doesn't require specific skills. Are you confused by Expert Advisor panels occupying half size of the chart? A lot of unwanted information? Too much information on the chart can cause sensory overload. When you suffer from sensory
240 USD
RunwiseFX Configurable Strategy Automator
Runwise Limited
The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak
159 USD
Binary Options Copier Remote
Vu Trung Kien
Binary Options Copier Remote is an EA that allows to copy binary options trades between MT4 accounts at different computers. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. Provider can give free bonus license to 10 receivers. That means those 10 receivers can copy from provider by using Binary Options Receiver Free (no cost). From 11th one, receiver have to buy Binary Options Receiver Pro (paid version) in order to copy from
149 USD
Binary Option Trading panel
Satyam Shivam
Binary Option Trading Panel is one of the simplest and easy to use panels available for trading binary options. The user can choose from different binary option instruments to trade. The investment amount be easily given and expiry for the instrument can be selected from different expiry options. The available expiry options are 60sec, 5min, 10min, 15min, 30min, 60min. The user only needs to enter the above three parameters and then either click on Call or click on Put. It shows the Payout % wit
100 USD
On Chart Trading Market Order Panel
Satyam Shivam
On Chart Trading Market Trading Panel is one of the simplest and easy to use panels for placing market orders. The user can choose from different market symbols. The lot size can be easily given along with the Stop Loss, Take Profit, Trailing Stop parameters. The user only needs to enter the above parameters and then either click on Sell or click on Buy. As simple as that. It shows the Spread within the panel. Also, the current live Bid and Ask prices can be seen in the panel. Reset functionalit
100 USD
Custom Trading Forex Panel
Satyam Shivam
Custom Trading Forex Panel is a simple to use trading panel for trading on major Forex currencies. The available symbols are: EURUSD USDJPY GBPUSD USDCHF EURAUD EURJPY The current Ask and Bid prices can be seen on the panel. The user has to set Lot Size, Stop Loss, Take Profit and then either click on Sell or on Buy. The panel provides a feature to enter a Trailing Stop, too. One has to just enable the Trailing Stop input and set the value for the same. As simple as that The panel also has a res
100 USD
On Chart Trading Market Order Pending Oder
Satyam Shivam
The Expert Advisor (EA) generates an advanced trading tool to place a pending or market order on the chart's current symbol. A market order is placed by clicking the appropriate Sell or Buy button. On the other hand, a pending order is placed by selecting a pending order type and thereafter clicking the Place button. Moreover, the panel provides various options to define exact parameters for every order before placing it. For instance, the triggering price for a pending order can be selected thr
100 USD
Slow Pips OCO Trade Panel
Satyam Shivam
Slow Pips OCO Trade Panel is an advanced trading panel for placing pending orders. Traders can use this panel to place two pending orders at once. One pending order would be of buy entry type and the other one would be of sell entry type. Both orders will have Stop Loss and Take Profit parameters. Since two pending orders are placed at the same time, the pending order for which the price hits first gets converted into a market order and the other pending order gets deleted (one order cancels the
100 USD
Chart Manager
Gi-Seok Im
This indicator changes the timeframe and chart profile for multiple charts. If you dispatched many charts (10~20 or more) in single MetaTrader terminal, it is very boring and difficult work to manage the timeframe and chart profile individually. If the indicators you use in a chart are numerous and the setting values are different from the default one, you might give up adding all the indicators to all charts. The changing of timeframes on multiple charts has the same problem, too. Whenever you
100 USD
Price Action DashBoard
Chantal Sala
The Price Action Dashboard is an innovative tool to help the trader to control a large number of financial instruments. This tool is designed to automatically suggest signals and price conditions. The Dashboard analyzes all major Time Frame suggesting price action conditions with graphic elements. The Dashboard can suggest you the strength of the trend identifying directional movement, it is an indispensable tool for those who want to open position themselves using market trends identifiers. The
200 USD
Jay Chiew
Jay Chiew 2014.06.06 14:13 

IF you are a scalper and understand money management is more important than strategy, you will understand the power of this software. If you are still struggling trying to make money, learn to focus on money management and harness the power of it! Kudos for building this incredible software!

Lines_ss 2014.07.14 09:54 

Regardless if u are a scalper or a day trader, the tool is a must have for all people locking for a easy to use and clear trade management. It has an amazing graphical user interface and functionality is great. I tried several tools but this one is the best I used so far.

- The tool offers order placement on risk basis with direct SL and TP entry

- Trade protection/break even with free to choose points

- Three free settable partial order close

- And of course trailing SL

Very fast support in case of any problems, great!

rudysemail 2014.12.28 04:29 

EA works great, and Kevin is super helpful if you need anything!

I'd highly recommend buying from this guy

BARIS ELMASDERE 2015.03.12 12:28 

Excellent and easy to use panel to control your risk. Highly recommended!

ducker 2015.03.25 13:46 

Easy to use and very useful program. It saves me a lot of time Highly recommended.

Also very fast service at helpdesk

Zack van Zyl
Zack van Zyl 2015.07.28 10:53 

If you are a manual trader - this is absolutely by far the best product I have ever used in my entire trading career. Absolutely flawless and makes opening trades such a breeze!

Sangeet Kumar Prasad
Sangeet Kumar Prasad 2016.06.15 08:53 

This is an excellent product to place an order in MT4 platform. There are few expensive tools out there which charge you so much to do the same thing. I am pleased with it and will certainly recommend to all MT4 platform users. I must also mention that the support provided by Kevin is very good. He was very eager to help when I was having issues using certain features of the product which was not all related to the product but product registration with my account.

ceromus 2017.08.16 15:05 

Overall a good product but be careful with the trailing stop feature. I was using parabolic SAR trailing stop and aggressive mode checkbox was not checked and yet some how autotradedriver closed a losing order. MT4 logs showed it was closed by auto trade driver but no [sl] comment was added. If you just need the money management portion of this software you can save 50 bucks by buying his other product called: "My Money Manager"

AnubisTrader 2018.01.19 17:47 

This is an excellent product and I was even surprised to find that it also managed my martingale EA's while I'm away from my computer. Awesome!

Fallet Willy
Fallet Willy 2018.08.06 19:03 


Christian Oracion
Christian Oracion 2019.01.17 04:43 

Very good. This EA semi-automate my trading system. Please add ATR stop-loss on Protection Control. Thank you.

Tamer Mohamed
Tamer Mohamed 2019.03.09 07:50 

This is the author message

Currently, it will lose the memory about partial close after restart. I will try to find a way to upgrade it to keep the partial closing status after restart in future version (if possible) 2019.02.07 16:25.

Please see comment number 203 and 204.

Randy Katz
Randy Katz 2019.03.23 05:12 

This product will not become obsolete. As one trades better, can utilize it better. Author has bent over backwards to support it, I had a special request and it was filled quickly. I have tested Risk/SL Open Orders, Protection SL at some level when profit at some level, Trailing Stop (simple) and Partial Close. As well I tested Close all for current instrument only. Very useful all. Keep up the great work!

SilentForex 2019.07.03 08:26 

This is the only trading manager you'll ever need your entire career as a professional trader.

Bullish4x 2020.05.09 06:11 

Auto-trade driver has made me a happy client of one year now. It helps manage everything, taking off the emotional demands while also allowing you focus on other activities!

Evgeni Nazarov
Evgeni Nazarov 2020.08.15 10:36 

Отличный продукт. Я вообще в шоке от самого себя, почему я ранее не начал использовать Риск Менеджер. Данный советник высвободил мне кучу времени и снял стрессовое состояние, которое у меня было из за постоянного мониторинга графика. Сейчас запускаю его и занимаюсь другими делами, он четко фиксирует и тралит прибыль, неделя работы с ним отбила мне целый убыточный месяц работы в ручную без него!

Reply to review
Version 5.42 2020.05.28
- Fixed: Set millisecond timer issue.
Version 5.41 2020.03.26
- Fixed: Minor bugs.
Version 5.39 2019.09.12
- Fixed: Minor bugs.
Version 5.38 2019.09.12
- Fixed: Minor bug on interface menu.
Version 5.37 2019.08.26
- Changed: Keep previous parameters after placing orders.
Version 5.36 2019.08.21
- Fixed: Better partial close function.
Version 5.35 2019.05.28
- Improved: Better trailing and partial close controlling.
Version 5.34 2019.01.23
- Changed: Remove default order comment (AutoFxPro.com)
Version 5.32 2018.08.06
- Improved: Allow open multi-positions if calculated lot size is bigger than maximum lot size.
Version 5.31 2017.07.05
- Improved: Allows multiple order tickets, magic numbers and comments for order filter.
Version 5.30 2017.03.10
- Improved: Optimize the calculating functions.
Version 5.29 2016.12.01
- Fixed: Eliminate conflict when manual remove stoploss that set by EA.
Version 5.28 2016.07.18
- Fixed: Show correct information for Buy Stop/Limit order on the chart.
Version 5.27 2016.06.27
- Fixed: Correct the "Profit/Loss distance" protection.
Version 5.26 2016.06.23
- Added: "Order comment" filter.
- Added: Start point of basic trailing stop.
Version 5.24 2016.06.13
- Improved: OnChartEvent() function is adaptable with MT4 version 4.00 build 971 (7 Jun 2016).
Version 5.23 2016.02.18
- Fixed: "Zero divide" error when show trade statistic sometime.
Version 5.21 2016.01.20
- Fixed: Invalid trading volume if lotsize step was larger than 0.01.
Version 5.20 2016.01.08
- Fixed: Correct calculation for account with exotic balance currency.
Version 5.19 2015.10.01
- Fixed: Fixed eternal loop if click Buy/Sell when AutoTrading is disable.
Version 5.18 2015.09.16
- Fixed: No freeze and looping alert anymore when clicking Buy/Sell at closed market.
Version 5.17 2015.05.18
- Fixed: Infinite loop when close all orders with various symbols.
Version 5.16 2015.05.08
- Improved: Increase lotsize calculating for exotic pairs.
- Improved: Only show trading symbol in Market Watch if necessary.
Version 5.15 2015.04.29
- Improved: Support for CFD, Indexes instruments.
Version 5.14 2015.04.24
- Added: Risk/Reward Ratio adjustment.
- Improved: Support for exotic currency account.
Version 5.12 2015.04.09
- Improved: Apply CloseBy for "Close All" shortcut, which is more economic for the account.
Version 5.11 2015.03.27
- Fixed: Agressive alert informing AutoTrading feature.
Version 5.1 2015.02.03
- Fixed: Force to display all graphic objects to the front of the chart. They could be hidden at few low RAM computers with previous version.
Version 5.0 2015.01.16
- Fixed: Expert Advisor's status message correction.
- Fixed: Eliminate potential zero divides.
Version 4.95 2015.01.14
- Improved: Better partial close management.
Version 4.93 2015.01.06
- Fixed: Correct TP point adjustment after placing order in some cases.
- Fixed: Correct partial close for minimal lotsize.
Version 4.92 2014.12.03
- Fixed: Mistaken TP point with zero value.
Version 4.91 2014.10.28
- Fixed: Removed unnecessary alert.
Version 4.90 2014.10.21
- Improved: Update SL & TP according to actual EP for market order.
- Improved: Allows to control non-existing magic number order (for further orders).
Version 4.80 2014.09.30
- Fixed: Minor bugs.
Version 4.75 2014.09.02
Fixed minor bugs.
Version 4.7 2014.08.01
Minor bugs fixed.
Version 4.6 2014.07.28
Removed useless test alert.
Version 4.5 2014.07.25
Statistic correction.
Version 4.4 2014.07.21
Some improvements.
Version 4.3 2014.07.17
Prevent zero divide.
Version 4.2 2014.07.14
- Fixed magic number acceptance.
Version 4.1 2014.07.10
- Added: User-defined magic number.
- Fixed: Minor bugs.
Version 3.9 2014.06.23
Fixed hang-up when account login changed.
Version 3.7 2014.06.19
- Fixed: Removed unnecessary order modification
Version 3.6 2014.06.17
Fixed minor bugs.
Version 3.5 2014.06.09
Added trade statistic viewer.
Version 3.4 2014.06.03
Fixed minor bugs with cross pair.
Version 3.3 2014.06.02
- More compact interface.
- Improved trailing stop accuracy (spread included).
- Improved displaying speed.
- Corrected the Stop/Limit level adaption.
Version 3.2 2014.05.27
- Minor bugs fixed.
- Added: Allow to change interface's font size.
Version 3.1 2014.05.23
- Minor bug fixed about warning alert.
- Minor bug fixed about order dragging features.