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  • Reviews (4)
  • Comments (22)
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Trade Manager Dashboard MT5

3

Take control of your forex portfolio. See instantly where you stand, whats working and whats causing you pain!

MT4 VERSION AVAILABLE HERE: https://www.mql5.com/en/market/product/58375

The Trade Manager Dashboard is designed to show you at a glance where each position you have in the forex market currently is, and make risk management and exposure to currencies easier to understand. 
For traders that scale into the market gradually with multiple positions or those trading grid and basket strategies this is key information to be seen. Monitoring multiple positions in the terminal is often difficult to manage.

Over leveraging and using poor risk:reward is a major issue faced by new traders and some experienced ones too, the trade manager shows you your exposure to each currency individually ensuring you do not take trade in both directions at once.

Features:

  • Open Trades - See all your current open trade sorted by currency pair. You can see your directional bias on not only the pair but every trade or position you have running on that pair.
  • Draw down & Profit Information - See instantly the draw down or profitability for the pairs you have trades active in. Easily identify trades that need management.
  • Lot Sizing - See how many lots you have on each currency pair and the number or trades you have running.
  • Exposure - See the directional bias you have on each currency to ensure you do not trade in the opposite direction on another entry. Also see how many times you are in that currency with different pairs.
  • Account Details - View instantly your balance, equity and available margin details. (can be hidden)
  • Max Draw down & Risk - See what your maximum draw down has been for the day (useful for FTMO and other prop traders that have daily limits) and what your total risk is if all your stops were to get hit. (can be hidden)
  • Total Profit Forecast - See what your potential profit is if all your trades hit their TP targets. (can be hidden)
  • R/R (Risk Reward Ratio) - Instantly see what your overall risk reward ratio is on your entire portfolio of trades. Make sure you have a positive R:R on everything you have running. (can be hidden)
  • Profitability By Day - See instantly how your day, week and month are going with both a financial and percentage increase reading of your account.
  • Profit Target Over-Run - The "Profit +" column shows you how much money you are currently over your daily profit target. Use this to manage positions that are going against you to reduce account drawdown when needed.
  • ALERTS FOR EVERYTHING! - Get alerted when Every trade hits a specific monetary value, your draw down hits 80% of a certain level or your daily profit target is reached.

If like me you enter into forex pairs gradually with multiple positions this trade manager dashboard will be what you've been waiting for. Managing a portfolio of positions and being able to instantly see where you are with each pair is almost impossible with the built in tools in Metatrader. If you use profits to reduce your portfolio drawdown this will show you how much spare profit you have to work with on a daily basis to manage your risk professionally.

Notes & Limitations:

Designed for forex pairs only and not compatible with indicies or commodities that use single tickers like SPX but will work on gold if using XAUUSD for example as it works on pairings of currencies.

The layout is limited to the width of your screen so the more entries you have the more will be listed across the page. 

Ensure you have "all history" selected in your account history tab to be able to see accurate data on the profit by day display.

Compatibility with other indicators cannot be guaranteed due to the way the indicator refreshes and draws content so it is advised to run Trade Manager in it's own window on a blank chart.


Reviews 4
David
141
David 2022.05.31 08:44 
 

Must-have for position traders!

Cassio Bittencourt
381
Cassio Bittencourt 2021.01.15 21:26 
 

BOM

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The only Discord Copier on the MetaTrader Store that allows you to both receive and copy signals from Discord To MT5 and send signals from MT5 to Discord ! 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 For the MT4 Version please click here To get started and setup the EA contains instructions. Load up the EA and on the general tab select ' Get Connection Help '. Follow the
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EmoGuardian
Samuel Bandi Roccatello
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Profit from the explosive moves that occur at the open of stock indices and give yourself an actionable edge every day. The opening range breakout EA can be tweaked to your liking to capture the trends that form just after the open every day on the main stock indices like the DAX, DOW, NASDAQ and S&P500. These opens happen at the same time every day so you know when volatility will occur and often just after the open strong trends form which you can capture with this EA. The opening range is typ
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This dashboard is an alert tool for use with the market structure reversal indicator. It's primary purpose is to alert you to reversal opportunities on specific time frames and also to the re-tests of the alerts (confirmation) as the indicator does. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs and timeframes. It was developed after many people requested a dash to monitor multiple pairs and time frames at once rather th
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A symmetrical triangle chart pattern represents a period of contraction & consolidation before the price is forced to breakout to the upside or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. Get the dashboard to monitor all instruments and time frames you trade for symmetrical triangle patterns at once! https://www.mql5.com/en/market/product/69169/ MT5 Version Available
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AT LAST! A stochastic indicator for MT4 that shows multiple time frames on one chart ! See the actual position of the main and signal lines in 4 separate time frames instantly to help you make educated trading decisions.A true MTF stochastic indicator for traders that need to see visually what the indicator is telling them on multiple time frames, no arrows that just point up or down or numbers displayed. No more flicking between time frames to see where other stochastics are positioned! Stay on
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A symmetrical triangle chart pattern represents a period of contraction & consolidation before the price is forced to breakout to the upside or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. MT4 Version Available Here:  https://www.mql5.com/en/market/product/68709/ This indicator identifies these patterns and alerts you when the 4 key points have formed and price has pul
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Filter:
Rephinus Ooko Omoro
182
Rephinus Ooko Omoro 2023.04.29 23:10 
 

Do not waste your money on this

David
141
David 2022.05.31 08:44 
 

Must-have for position traders!

WiWaWi
1395
WiWaWi 2021.04.23 04:50 
 

The profit will continue to be incorrectly displayed or determined, no commission, swap, ... , e.g. RoboForex. Happy to correct my rating when it is fixed.

it is correct for me to write this. Which MT5 version are you talking about, which one should I update to? Only version 1.0 exists on MT5. You have not reported an update here on MT5.

24.05.2021: Now the second confirmation from the developer to fix this.

28.05.2012: This version 2.0 does not solve it. Please see the screenshot under "comments".

LEE SAMSON
54133
Reply from developer LEE SAMSON 2021.05.25 08:15
This is incorrect, all figures are nett. Please update your indicator and change your review.
It's fixed! You need to update your indicator in the market!
Cassio Bittencourt
381
Cassio Bittencourt 2021.01.15 21:26 
 

BOM

Reply to review
Version 3.20 2022.11.26
Added inputs to show/hide the all time totals in history section and also added the ability to shift the history section down on Y axis for smaller monitors.
Version 3.10 2022.05.05
Updated to display text header correctly. Showed "Symbol" where it should have shown "date"
Version 3.0 2022.02.13
Added starting balance field so the daily, weekly, monthly and all time profit percentages accurately calculate based on your initial starting balance for the account rather than the current balance in your account.
Version 2.0 2021.05.25
Updated to include commissions and swaps in profit figures.