Order Management Script Tool

5

🎯 Stop Guessing Your Lot Size. Trade With Defined Risk.

Order Management Script is a FREE risk-management utility that automatically calculates your lot size, Entry, Stop Loss, and Take Profit based on your predefined trading rules.

No manual position-size calculations.
No repeated SL/TP calculations.
Just define your risk and trading setup.

🔥 KEY FEATURES

✅ Automatic Lot Size Calculation
Calculate the correct position size using:

• Fixed monetary risk
• Percentage of account equity

✅ Multiple Entry Methods

• Closed Candle Price
• 23.6% Pullback
• 38.2% Pullback
• 50% Pullback
• Moving Average
• Instant Market Execution

✅ Flexible Stop Loss

• Aggressive Stop Loss
• Recent High/Low Stop Loss
• Automatic Fixed Stop Loss
• Manual Fixed Stop Loss
• Minimum / Maximum SL limits

✅ Multiple Take Profit Methods

• Risk/Reward 1:1 to 1:5
• EMA 50
• EMA 200
• EMA 800
• Fixed Pip Target

✅ Risk/Reward Validation
Prevent trades when the potential reward does not meet your minimum risk/reward requirement.

✅ Spread Protection
Automatically prevent order placement when the current spread exceeds your maximum allowed spread.

✅ Pending Order Expiration
Set an expiration time for pending orders.

✅ BUY & SELL Support
Create both long and short trading setups.

⚡ SIMPLE WORKFLOW

Choose BUY/SELL → Set your risk → Select Entry → Select SL → Select TP → Run the Script

The script calculates the appropriate lot size and automatically submits the order.

💎 ONE TOOL FOR YOUR TRADE SETUP

Combine:

Risk % + Entry Method + Stop Loss + Take Profit + Risk/Reward + Spread Protection

into one streamlined MT5 trading workflow.

🚀 TRADE WITH CONSISTENT RISK

Your account risk should determine your position size—not guesswork.

Define the risk.
Set the rules.
Let the script calculate the trade.

🆓 FREE UTILITY

Download Order Management Script and simplify your trade execution and risk management.

⚠️ Risk Warning: This is a trade-management utility and does not guarantee profitable results. Always verify the calculated Entry, Stop Loss, Take Profit, lot size, broker minimum/maximum volume, and other trading requirements before allowing an order to be placed.

Reviews 1
Moonbreaker
29
Moonbreaker 2023.01.20 14:21 
 

A very handy order management script if you use the BTMM (beat the market maker) methodology.

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Risk manager Risk manager - it will simplify the tracking of drawdown and will notify you (alert) when the specified risk is reached, and close/lock orders when the critical DD risk level is reached. If the specified drawdown is exceeded, you can choose two options for actions: All orders will be closed that mean loss will be fixed on depo. The terminal also closes. Instead of fixing the loss on depo, the opposite order will be opened - orders locking will occure. Not a single order will be c
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Moonbreaker
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Moonbreaker 2023.01.20 14:21 
 

A very handy order management script if you use the BTMM (beat the market maker) methodology.

Christianiel Robles Faustino
4602
Reply from developer Christianiel Robles Faustino 2024.09.01 10:32
Thank you! Here are the other tools that you can try using the BTMM strategy. https://www.mql5.com/en/market/product/69223 - Trading Manager
https://www.mql5.com/en/market/product/74089 - Moving Average Alert for multiple charts
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