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Trade Controller

5

Trade Controller provides multiple methods to protect and maximize your profits. This powerful weapon helps you to set the protect and trailing-stop rules on your trade automatically in many effective methods. Once it is set and turned on, you don't need to monitor your orders anymore, the software will keep watching and control your orders with your predefined rules.

It's designed to support multi-protection and trailing strategy: Protect by break-even, protect by percentage, protect by pip, protect by account value, trailing by distance, trailing by indicators, etc.

This tool is the controller part originating from Auto Trade Driver: https://www.mql5.com/en/market/product/4217

Note: Demo version for testing can be found here: https://www.mql5.com/en/market/product/5407


Features

  • 4 main control panels: Protection, Trailing Stop, Partial Close and Shortcut. Each panel features various options.
  • Allow to apply multi-protection and trailing-stop rules at once by running it on multiple charts (on "First Come, First Served" basis).
  • Control all orders on all symbols with one tool in single chart, no need to attach tool to every chart.
  • Real-time control panel.
  • Restore previous settings after shutdown or power-off.


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.
    • Basic: 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.


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 based 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 based 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.


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.

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.


Trade Statistic Panel

  • To view trade statistic panel, just go to Setting menu --> Show trade statistic. This panel helps you to overview your account statistics 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.
Reviews 4
Fernando Martinez Lopez
228
Fernando Martinez Lopez 2019.05.27 14:35 
 

WooW estupenda herramienta. como todas las que provee este autor. Muchas gracias por el gran trabajo que realizas

Felixu
740
Felixu 2017.04.26 12:53 
 

Brilliant!! Helpful in retrieving a bad situation as in a current case with large floating drawdown. Not exactly sure how it manages but churns out successive winning trades without a single loss, helping to shore up my accounts till the drawdown is reversed.

Amaury Canario Junior
215
Amaury Canario Junior 2014.11.16 19:16 
 

It´s a great tool. I use it combined with my custom indicators and it fits perfectly all my requirements !

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The program for copying over the Internet - allows you to copy transactions between different MetaTrader 4 and MetaTrader 5 accounts in any direction and quantity as quickly and easily as possible - an intuitive interface allows you to quickly understand the main settings of the program without reading additional descriptions, and powerful functionality will satisfy the demand of even a demanding user. The program is designed to work on "Windows PC" and "Windows VPS". Any type of copying is avai
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The price action toolkit EA is designed for scalpers but can be used on all timeframes to quickly enter the market with correctly calculated lot sizing based on your stop level, It allows you to quickly enter trades (instantly or at candle highs and lows with pending orders) and then adjust stops and take profits as the market moves. For a full list of all the features, settings and best practice strategy to use click here:  https://www.mql5.com/en/blogs/post/748072 MT5 version available here:
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Copy Signals from any channel that you are a member (   without the need for a Bot Token or Admin Permissions  straight to your MT4. It has been designed with the user in mind while offering many features you need This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo  | MT5 Version | Telegram Version If you want to try a demo please go to the User Guide. The Discord To MT4
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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
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This robot works hard silently and trades while you are sleeping. That is why it is called Forex Night Trader . The Forex Night Trader only trades when the market has low volatility at night, so it is not affected by sharp price swings on the market. This robot can trade multiple pairs at the same time on a single chart. It was backtested and optimized using real ticks with 99.9% quality. Its backtest passed the hardest periods of the market over 6 years (from 2010). Features Fully automated t
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Fernando Martinez Lopez
228
Fernando Martinez Lopez 2019.05.27 14:35 
 

WooW estupenda herramienta. como todas las que provee este autor. Muchas gracias por el gran trabajo que realizas

Felixu
740
Felixu 2017.04.26 12:53 
 

Brilliant!! Helpful in retrieving a bad situation as in a current case with large floating drawdown. Not exactly sure how it manages but churns out successive winning trades without a single loss, helping to shore up my accounts till the drawdown is reversed.

Amaury Canario Junior
215
Amaury Canario Junior 2014.11.16 19:16 
 

It´s a great tool. I use it combined with my custom indicators and it fits perfectly all my requirements !

Maurice Kunen
1198
Maurice Kunen 2014.10.14 12:59 
 

Excellent! Product is great, exactly as promised. When you need help: seller is very polite and explaines very clearly with patience :-). Would defenitely buy again!

Reply to review
Version 1.81 2021.12.09
- Improved: Code optimized.
Version 1.80 2020.05.28
- Fixed: Set millisecond timer issue.
Version 1.79 2020.03.26
- Fixed: Minor bugs.
Version 1.77 2019.09.12
- Fixed: Minor bug on interface menu.
Version 1.76 2019.08.21
- Fixed: Better partial close function.
Version 1.75 2019.05.28
- Improved: Better trailing and partial close controlling.
Version 1.74 2017.07.05
- Improved: Allows multiple order tickets, magic numbers and comments for order filter.
Version 1.73 2016.12.01
- Fixed: Eliminate conflict when manual remove stoploss that set by EA.
Version 1.72 2016.08.17
- Fixed: Remove all graphic objects after exiting.
Version 1.71 2016.06.28
- Fixed: Correct the "Profit/Loss distance" protection.
Version 1.70 2016.06.23
- Added: "Order comment" filter.
- Added: Start point of basic trailing stop.
Version 1.68 2016.06.13
- Improved: OnChartEvent() function is adaptable with MT4 version 4.00 build 971 (7 Jun 2016).
Version 1.67 2016.02.18
- Fixed: "Zero divide" error when show trade statistic sometime.
Version 1.65 2015.05.18
- Fixed: Infinite loop when close all orders with various symbols.
Version 1.64 2015.04.09
- Improved: Apply CloseBy for "Close All" shortcut, which is more economic for the account.
Version 1.63 2015.03.27
- Fixed: Agressive alert informing AutoTrading feature.
Version 1.62 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 1.61 2015.01.16
- Fixed: Expert Advisor's status message correction.
- Fixed: Eliminate potential zero divides.
Version 1.6 2015.01.14
- Improved: Better partial close management.
Version 1.5 2015.01.06
- Fixed: Correct partial close for mininal lotsize.
Version 1.4 2014.10.28
- Fixed: Removed unnecessary alert.
Version 1.3 2014.10.21
- Improved: Allows to control non-existing magic number order (for further orders).