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.

Recommended products
ATC Alert Manager lets you set price alarms directly on the chart and manage them from one small panel. Each alarm is shown as a line on the chart that you can drag to a new price. An alarm fires once, at the moment price crosses your level, with a popup alert, a sound and an optional push notification to your phone. Price that is already past the level does not trigger it, so you never get repeated alerts on every tick. This tool is also part of All In One Trade Management Panel MT4 , together
FREE
Lot Calculate
Maksim Neimerik
This simple but useful script calculates the lot in % of the deposit. It is indispensable for risk management. There is only one customizable parameter: MaxRisk - risk in % for lot calculation. The product works as a standard script. Launch it once on an appropriate chart and start trading using the calculated lot value. Genious is simplicity! Happy trading!
FREE
This is a DEMO version of the Smarter Trade Manager Smarter Trade Manager  is an advanced trade management tool that can monitor and manage your manual and EA trades according to the settings you choose. It works as an Expert Advisor (EA), it does not open any trades but it closes trades as per the auto closing settings or when manually pressing any of the close buttons. FEATURES: Three-dimensional  interactive  view of your trades Trade Summary, P/L, Alerts, Closure by  Currency Trade Summary,
FREE
Account Info EA It is a tool that presents on the graph all the positions of the account, and specific information concerning the positions, but also the account. It enables the user to have an image of his account at a glance. Use like any expert advisor. You can't attach it in the same chart with other expert advisor. It does not have the ability to open or manage positions. You can attach it on any chart and any timeframe.
FREE
MQLTA Auto Close Demo
MQL4 Trading Automation
Auto Close is an expert advisor that can assist you with your money and risk management rules. The EA can monitor your Balance, Equity, Margin, Global Profit and Global Loss and alert you in case any of these reaches a specified threshold. This Demo Version has Notification and Close features disabled, full version can be found https://www.mql5.com/en/market/product/29141 How does it work? Load the Auto Close EA in the chart and set the parameters you want to keep monitored. If any of the risk
FREE
Safety
Sergey Ermolov
5 (2)
I think everyone knows such a rule of money management as "Safe". For those who are not aware, the safe assumes closing half of the position after the profit on the transaction has equaled the size of the stop. Thus, even if the price reverses and catches the stop, you will not lose money, because exactly the same amount of profit was received when closing part of the position earlier. The Safety Expert Advisor has only one setting – the closing lot. Leaving it at position 0, the adviser will
FREE
Profitstat free
Tonny Obare
4 (2)
Profitstat is a free indicator that scans your history and displays it on the chart. The free version shows the number of trades and profit made on the current and previous day. The data is updated instantly as soon as a trade closes. Simply attach it to any chart and it gives the account data irrespective of the chart currency nor timeframe.
FREE
SL and TP Setter
Giacomo Barone
4 (1)
You can manually open a trade (one click), and this EA will take care of setting the SL and TP. SL and TP are set based on the number of pips you specify in the input screen. You can also choose monetary SL and TP. SL and TP are determined based on the weighted average price (WAP), so if you open a new trade, SL and TP will be updated according to the new WAP. The WAP is not unique but differentiated between buy and sell trades (this is useful only if you open opposite trades on the same chart)
FREE
Countdown Bar Timer
Makarii Gubaydullin
Countdown timer till the bar closure, + % Progress status:  #1 multifunctional utility :   66+ features, including this tool  |   Contact me  if you have any questions   |    MT5 version In the settings of the indicator, you can configure: Timeframe for Calulculation; true / false: Higher TimeFrame option (next from the currently used: M15->M30, H4->D1...) Position: 1 = Bottom Left corner; 2 = Bottom Right corner; 3 = Top Left corner; 4 = Top Right corner; Font Size; Color; Font Style;
FREE
OTRX Fimathe Backtest is a tool for the Trader or Enthusiast who uses the Fimathe technique created by Trader Marcelo Ferreira to carry out his training and validate if he can obtain profitability. In this tool you will be able to: 1. Define whether you are looking for a buy or sell entry. (Trend). 2. Define by clicking twice on the horizontal lines where your Reference Zone and your Neutral Zone will be. 3. Monitor the entry, subcycle and exit of the trade. 4. Trading Summary, Daily, Week
FREE
Scalping Day Trading Support Utility Scalping One MT4 free One position is displayed with one button. View P & L, Lot, and Point in real time. It is possible to switch the display of positions of only chart currencies and all currency pairs.  (The free version has only 3 positions) Supports automatic identification in Japanese and English   Account currency notation corresponds to dollar, euro, pound, yen (automatic identification) The timeline drawing function can be linked with the clock disp
FREE
Lot by Risk
Sergey Vasilev
4.83 (23)
The Lot by Risk trading panel is designed for manual trading. This is an alternative means for sending orders. The first feature of the panel is convenient placing of orders using control lines. The second feature is the calculation of the order volume for a given risk in the presence of a stop loss line.   Control lines are set using hot keys: take profit – T key by default; price – P key by default; stop loss – S key by default; You can configure the keys in the settings of the trading panel.
FREE
VR Color Levels MT4
Vladimir Pastushak
5 (2)
VR Color Levels is a handy tool for those who apply technical analysis using elements such as trendline, rectangle and text. It is possible to add text directly to the chart and take screenshots. You can find settings, set files, demo versions, instructions, problem solving, at [blog] You can read or write reviews at [link] Version for [MetaTrader 5] Working with the indicator is carried out in one click . To do this, click on the button with the line, after which a trend line will appear unde
FREE
Grid Assistant Pro
Alessandro De Cristofaro
Grid Assistant Pro – Utility for Managing Grid Strategies on MetaTrader 4 Grid Assistant Pro is a professional utility that helps traders manage and monitor unidirectional grid strategies directly from the MT4 chart. It provides a visual dashboard , clear controls, and automated risk protection features for precise and efficient grid operation. Key Features Visual Dashboard Real-time metrics: Balance, Equity, Floating P/L, Drawdown %, Free Margin Grid status: active and pending or
FREE
Trading Panel - Smart Stop Management A free professional trading panel for MT4, built to make manual execution faster, cleaner, and smarter. Trading Panel - Smart Stop Management helps you place Market, Limit, and Stop orders directly from the chart, manage position size, calculate TP/SL from volatility, and protect your execution from temporary spread widening during news, rollovers, or thin market conditions. The panel uses local smart stop logic based on the middle price, helping reduce
FREE
ClearEdge Daily Candle MT4 New York-close daily candle on any timeframe, with candle countdown, live spread and volatility information. Overview  ClearEdge Daily Candle draws the current day's candle next to the live price on any chart timeframe. On the 1-minute, 5-minute, 15-minute, 1-hour or higher charts, you can see where the trading day opened, how far price has moved in both directions, and whether the day is currently bullish or bearish, without switching to the daily (D1) chart. Why
This MQL4 indicator creates a customizable grid of horizontal lines on your trading chart. Here's what it does: **Main Functions:** - Draws equally spaced horizontal lines across the visible price range - Supports two line types: horizontal lines or trend lines with forward projection - Automatically adjusts to price scale changes **Key Features:** 1. **Customizable Spacing**: Set grid distance in pips (20 pips by default) 2. **Flexible Starting Point**: Auto-calculates starting price or lets
FREE
Period Change Button
Rainer Albrecht
3 (1)
Fastest way to change the period. Suitable for traders who use many charts and timeframes. Size, shape and color can be customized. Inputs Parameters Corner — Choose corner placement Standart is "Right lower chart corner" Color — Background color of the button ColorText — Text color of the button ColorOn — Background color of the button for the current period ColorOnText — Text color of the button for the current period Font — Arial, Verdana... FontSize — Size of the font in pixels DistanceX —
FREE
When executing an order, whether through the Metatrader ticket on a computer or the Metatrader app on a mobile device, either manual or pending, Easy Trade will automatically set the take profit and stop loss levels, as well as a limit order with its respective take profit and stop loss levels. It follows the trading strategy for market open (US30, US100, US500), but it can be applied to any market asset.
FREE
TradePulseMonitor for MetaTrader 4 & 5 Overview: TradePulseMonitor   is a comprehensive, real-time dashboard indicator designed for MetaTrader 4 and MetaTrader 5. It provides traders with an at-a-glance overview of their account's financial health, risk exposure, position metrics, and historical performance. By consolidating critical data into a single, customizable on-chart dashboard, it eliminates the need to constantly check the Terminal window, allowing for faster and more informed trading
FREE
Utility for order reversal. Closes orders on the chart on which it is launched and opens orders with the opposite direction instead of them. Has a simple and intuitive graphical interface. It is also possible to automatically reverse newly opened orders. MT5 version of the utility -  https://www.mql5.com/en/market/product/74770 If you like this utility, take a look at my other products -   https://www.mql5.com/en/users/nina_yermolenko/seller
FREE
Protectron — Account Protection System A utility that monitors account equity in real time and closes all open positions automatically when a defined upper or lower threshold is reached. Works alongside any Expert Advisor or manual trading strategy without interfering with their logic. Overview Protectron attaches to a chart and monitors total account equity continuously — including floating positions. When equity reaches a configured threshold in either direction, all open positions are closed
FREE
IceFX TradeInfo
Norbert Mereg
4.77 (44)
IceFX’s TradeInfo is an utility indicator which displays the most important information of the current account and position. Displayed information: Information about the current account (Balance, Equity, Free Margin). Current spread, current drawdown (DD), planned profit, expected losses, etc. Number of open position(s), volume (LOT), profit. Today’s and yesterday’s range. Remaining time to the next candle. Last day profit information (with integrated IceFX ProfitInfo indicator). Risk-based LOT
FREE
UltraFast Trade Manager V2.60 - The Ultimate "True Break-Even" Utility The UltraFast Trade Manager is not an auto-trading robot that opens trades. It is a professional Trade Manager . Whether you use a Grid/Martingale EA, or trade manually, this tool manages your open trades, calculates your real profits, hides your targets from the broker, and closes your trades with one click. Version 2.60 is completely dummy-proof. It calculates everything for you, so you never have to guess your profit again
FREE
NAS100 Auto Sl And TP
Moustapha Boulouz
5 (2)
Introducing NAS100 Auto SL and TP Maker for MT4: Never miss setting StopLoss and TakeProfit again with our NAS100 Auto SL and TP Maker, an indispensable assistant for traders navigating the Nasdaq 100 market on MetaTrader 4. This tool is designed for those who seek a seamless solution to automate the management of StopLoss and TakeProfit levels. Key Features: Effortless Automation: Automatically monitors Nasdaq 100 trades without StopLoss and/or TakeProfit. Dynamically adjusts levels based on us
FREE
PZ Trade Pad EA
PZ TRADING SLU
4.29 (31)
This simple visual expert advisor allows you to trade easily from the chart. It handles risk management for you and can perform several useful tasks with your existing trades, saving time and making risk-management for each individual trade easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   |  Get Help ] Trade easily from the chart Trade with precise risk management, hassle free Trade pending order with drag and drop price selection Set SL and TP levels with
FREE
MerkaStudent is a basic version of an expert advisor that allows us to understand part of the behavior of a chart in historical time. It uses some basic parameters in trading, which allows us to understand mathematically how a chart moves and thus know what is our mathematical expectation in the historical period analyzed. Starting from a mathematical logic, we can create a strategy to evaluate its results.
FREE
SX Theme Setter MT4
Mojtaba Sarikhani
5 (1)
SX Theme Setter is intended for changing chart appearance in 2 modes: - Gradient background mode: In this mode, the indicator creates a gradient background for your chart. Colors, steps and gradient type can be selected by user. - Color theme: Color theme mode provides more than 50 built-in different color themes which can be selected from a list. Most of these themes are converted from official color themes of real trading platforms of the past and present. Try them out and see if they suit
FREE
Show Pips
Roman Podpora
4.27 (59)
This information indicator will be useful for those who always want to be aware of the current situation on the account. The indicator displays data such as profit in points, percentage and currency, as well as the spread for the current pair and the time until the bar closes on the current timeframe. VERSION MT5 - More useful indicators There are several options for placing the information line on the chart: 1. To the right of the price (runs behind the price); 2. As a comment (in the upper
FREE
Symbol Cycler is a lightweight on-chart utility that lets you quickly switch between symbols in your Market Watch list using two simple arrow buttons (). With a single click, you can scroll forward or backward through your predefined symbols without leaving the chart. Key Features: One-click symbol switching from the chart Works with your Market Watch list order Buttons can be placed in any chart corner or even the center Timeframe remains locked while switching symbols Clean, responsive UI
FREE
Buyers of this product also purchase
Forex Trade Manager MT4
InvestSoft
4.98 (446)
Trade Manager MT4 is an advanced position size calculator and trade management tool for MetaTrader 4, designed to help traders plan trades faster, control risk more precisely, and manage open positions directly from the chart. It combines order placement, risk based lot calculation, Stop Loss and Take Profit management, Break Even, Trailing Stop, Partial Close, Equity Protection, and external trade management in one panel. Whether you trade forex, indices, metals, commodities, or crypto, Trade M
Exp COPYLOT CLIENT for MT4
Vladislav Andruschenko
4.69 (65)
Professional Trade Copier for MetaTrader 4 Fast, professional, and reliable trade copier for MetaTrader 4 . COPYLOT helps you copy Forex trades between MetaTrader 4 and MetaTrader 5 terminals with flexible synchronization for different account setups. COPYLOT MT4 version supports: MetaTrader 4 to MetaTrader 4 MetaTrader 5 Hedge to MetaTrader 4 MetaTrader 5 Netting to MetaTrader 4   MT5 version Full Description + DEMO + PDF How To Buy How To Install How to get Log Files How To Test and Optimize A
Local Trade Copier EA MT4
Juvenille Emperor Limited
4.96 (111)
Local Trade Copier EA MT4 is a fast and flexible trade copier for copying and managing trades between multiple MetaTrader 4 accounts on the same Windows computer or Windows VPS. It combines local trade synchronization with Receiver-side controls for lot sizing, risk management, trade filtering, symbol mapping, trade management and account protection. Set up your Transmitter and Receiver terminals in about 1 minute and copy manual or EA trades between accounts at the same or different brokers. U
Trade Assistant MT4
Evgeniy Kravchenko
4.43 (197)
It helps to calculate the risk per trade, the easy installation of a new order, order management with partial closing functions, trailing stop of 7 types and other useful functions. Additional materials and instructions Installation instructions   -   Application instructions   -   Trial version of the application for a demo account Line function -   shows on the chart the Opening line, Stop Loss, Take Profit. With this function it is easy to set a new order and see its additional characteris
TradePanel MT4
Alfiya Fazylova
4.84 (95)
Trade Panel is a multi-functional trading assistant. The app contains over 50 trading functions for manual trading and allows you to automate most trading tasks. Application instructions: https://www.mql5.com/en/blogs/post/756482 Trial version of the application for a demo account: https://www.mql5.com/en/blogs/post/750865 How to install the application: https://www.mql5.com/en/blogs/post/756239 How to test the application in visual mode: https://www.mql5.com/en/blogs/post/770277 How to install
Trade Indicator Assistant is a powerful MT4 utility designed to turn indicators into automated trading systems. Its main feature is the ability to automatically detect an indicator’s   BUY and SELL signal buffers , without requiring you to know the buffer numbers, search through indicator settings, or modify the indicator source code. Bonus Indicator: After purchasing Trade Indicator Assistant, contact me to receive Trade Signal Pro completely free as a bonus indicator. [Download Demo Version]
Trade copier MT4
Alfiya Fazylova
4.61 (36)
Trade Copier is a professional utility designed to copy and synchronize trades between trading accounts. Copying occurs from the account / terminal of the supplier to the account / terminal of the recipient, which are installed on the same computer or VPS . Before buying, you can test the demo version on a demo account. Demo version here . Full instruction here . Main functionality and benefits: Supports copying MT4> MT4, MT4> MT5, MT5> MT4, including MT5 netting accounts. * Supports copying Dem
Copier->Convenient and fast interface interaction, users can use it right away   ->>>> Recommended to use on Windows computers or VPS Windows Features: Diversified and personalized copy trading settings: 1. Different lot modes can be set for different signal sources 2. Different signal sources can be set for forward and reverse copy trading 3. Signals can be set with comments 4. Whether to calibrate the lot according to the contract lot Diversified and personalized copy order settings 2: 1. Dif
Telegram to MT4 Multi-Channel Copier   automatically copies trading signals from your Telegram and Discord channels straight to MetaTrader 4. No bots, no browser extensions, no manual copying. A signal arrives in Telegram or Discord and the EA opens the trade in your terminal within seconds. And before you copy a channel, the built-in backtester shows you what that channel would have done in your account. The product has two components: a Windows application that listens to your Telegram channel
Working Trial Download Copy Cat More Trade Copier MT4 is not just a simple local trade copier; it is a complete risk management and execution framework designed for today’s trading challenges. From prop firm challenges to personal portfolio management, it adapts to every situation with its blend of robust execution, capital protection, flexible configuration, and advanced trade handling. The copier works in both   Master (sender) and Slave (receiver)   modes, with real-time synchronization of
FCK CurrencyStrength Pro
Patel Hitendrakumar Mahendrabhai
Hi Friends, " FCK Currency Strength Pro " is a auto & semi auto trading expert with direction of pair. Buy-Sell separate or multi currency in one click. The strategy of  FCK Currency Strength Pro  is a combination of custom indicator, Trendlines, Support & Resistance levels ( Price Action ) and most important secretive trading algorithm mentioned above. Download News Ex4 and csv file You need the following SDSnews.ex4 in MQL4/Libraries and the daylightsavings.csv in MQL4/Files. Only 4 of 5 copi
The product will copy all telegram signal to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal, s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to
News Filter EA MT4
Rashed Samir
5 (10)
News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
Easy Trade Executor is a tool for fast position sizing, trade execution, and trade management in MT4. Place Open Price, Stop Loss, and Take Profit levels directly on the chart, get automatic position size calculations, and open trades with controlled risk in just a few clicks. Why Easy Trade Executor? Easy Trade Executor is designed for traders who want more than just risk calculations — they want to manage trades quickly and efficiently directly from the chart. The tool combines position sizi
A local trade copier between MetaTrader terminals on one PC or VPS. Copying runs in any direction between MT5 and MT4. The volume of a copy is calculated in percent of equity, in account currency, or by mirroring the master's risk share; trades are selected by filters on symbol, magic number, comment and size. The panel handles the life of an open copy: virtual SL/TP, break even, trailing stop, basket close and a scheduled close. Daily, total and volume limits protect the account and trip early
KT Equity Protector MT4
KEENBASE SOFTWARE SOLUTIONS
3.75 (4)
An equity protection EA for MetaTrader that enforces your loss limits and profit target for you: when your account reaches a rule you set, it closes your trades on every symbol, before one bad day turns into a lost account. It suits prop firm challenges and personal accounts alike. Attach it to one chart, answer a few questions in the on-chart setup wizard, and it watches your whole account in the background while you trade by hand or with other EAs. What it protects Daily loss limit: a percenta
RS Trade Copier
Boris Sedov
5 (1)
RS Trade Copier - the ultra-fast local trade copier with a real graphical interface. Stop typing account numbers manually. No more 200+ cryptic inputs. A reliable and flexible tool for copying trading operations between multiple MT4 and MT5 terminals. It suits experienced traders, signal providers, and individual investors. It enables trade synchronization from one or multiple Providers to one or multiple Clients with high precision and minimal latency. It supports simple automatic configuration
Take a Break
Eric Emmrich
5 (31)
Take a Break pauses your Expert Advisors when trading is a bad idea: before news, after a daily loss, outside your trading hours, or when a rule you wrote yourself says so. When the pause is over, your EAs simply continue. Account protection for all your EAs in one tool: news filter, drawdown and equity protection, time filter and custom rules. One EA on one chart protects the whole account, the free indicator gives every chart its own rules on top. Free demo | What is new in 26.09 | Support Ass
MT4 to Telegram Signal Provider   turns your trading account into a signal provider. Every trade action, whether manual, by EA or from your phone, is instantly sent as a message to Telegram. You can fully customize the format or use a ready-made template for quick setup. [ Demo ] [ Manual ] [ MT5 Version ] [ Discord Version ]  New: [ Telegram To MT5 ] Setup A step by step user guide is available. Key Features Ability to customize order details sent to subscribers You can create a tiered subs
Telegram to MT4 Coppy
Sergey Batudayev
4.09 (11)
Telegram to MT4: The Ultimate Signal Copying Solution Streamline your trading with Telegram to MT4 , the cutting-edge utility designed to copy trading signals directly from Telegram channels and chats to your MetaTrader 4 platform—without the need for DLLs. This robust solution ensures seamless execution of signals with unparalleled precision and customization options, saving you time and boosting your efficiency. [ Instructions and DEMO ] [ FAQ ] [ How atach logs properly ] [Settings descrition
Trade Manager MT4 DaneTrades
Levi Dane Benjamin
4.09 (11)
DaneTrades Trade Manager is a professional trade panel for MetaTrader 4, designed for fast, accurate execution with built‑in risk control. Place market or pending orders directly from the chart while the panel automatically calculates position size from your chosen risk, helping you stay consistent and avoid emotional decision‑making. The Trade Manager is built for manual traders who want structure: clear risk/reward planning, automation for repeatable management, and safeguards that help reduc
Trade Copier Global
Laszlo Tormasi
5 (15)
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Several
Universal copier of deals from MetaTrader 4 to MetaTrader 4 ( MT5<->MT5 version is available ; with both versions, you can copy MetaTrader 5<->MetaTrader 4, MetaTrader 4<->MetaTrader 5, MetaTrader 5<->MetaTrader 5, MetaTrader 4<->MetaTrader 4). Spread filter. Select the best price (start copying positions with a profit or loss). Configure the lot size, fixed or ratio-based (provider signals can be copied with an increased lot). Configure order copying (include pending orders or copy only open po
Partial Closure EA MT4
Juvenille Emperor Limited
5 (3)
Partial Closure EA MT4   allows you to partially close any trade on your account, manually by a chosen percentage of the lot size and/or by trade ticket, or automatically at specified percentages of the TP/SL level, closing a percentage of the initial lot size across up to 10 take profit and 10 stop loss levels.  It can manage all or selected trades in your account by specifying or excluding certain magic numbers, comments, or symbols. Tip: Download the free demo version of the Partial Closure E
VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.85 (61)
Trading Panel for trading in 1 click.  Working with positions and orders!  Trading from the chart or the keyboard. Using our trading panel, you can trade in one click from the chart and perform trading operations 30 times faster than the standard MetaTrader control. Automatic calculations of parameters and functions that make life easier for a trader and help a trader conduct their trading activities much faster and more conveniently. Graphic tips and full information on trade deals on the chart
Currency strength meter for MetaTrader 4 This currency strength indicator reads up to 28 major pairs and turns them into one number per currency, for the 8 majors: USD, EUR, GBP, JPY, CHF, CAD, AUD and NZD. Instead of opening chart after chart to work out who is leading, you read one panel on your MetaTrader 4 chart and you know which currency is being bought and which one is being sold. What you see on the chart A ranked strength bar for each of the 8 currencies, with its percentage A multi-tim
CloseIfProfitorLoss with Trailing
Vladislav Andruschenko
4.88 (32)
Close If Profit or Loss with Trailing for MetaTrader 4 — automatic closing by total profit or loss A reliable trade-management utility for MetaTrader 4 that automatically closes positions when the total profit or total loss reaches the level you set. The Expert Advisor monitors open trades, calculates floating profit and loss, can trail profit, and helps close positions faster than manual reaction. MetaTrader 4 is still used by many manual traders, grid traders, scalpers, and Expert Advisor use
Trade Dashboard MT4
Fatemeh Ameri
4.96 (55)
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
Shepherd Safety EA
AW Trading Software Limited
4.92 (13)
AW Shepherd Safety EA is an Expert Advisor for managing open positions. The trader opens the first order from the panel, and from there the EA runs the basket on its own: it adds recovery orders with a trend filter, closes a side on TakeProfit, trailing or stop, and shows the close levels on the chart. Buys and sells are managed separately, and both sides can be open at the same time. A recovery order opens not just on a price step but once Parabolic SAR, two MAs or candle color show a reversal
Smart Copy Local MT4
Kyra Nickaline Watson-gordon
5 (7)
Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT4 Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying     Copy from netting to hedge and hedge to netting is supported.     Fast and instant copy     All settings are input visually.     Easy modifying symbol names, prefix, suffix     Enable/Disable copying s
More from author
Smart Pip Meter MT5
Christianiel Robles Faustino
See Your Key Trading Measurements at a Glance Smart Pips Meter  is a free utility that displays important market measurements directly on your chart—so you can make faster trading decisions without manually calculating pip distances. WHAT IT SHOWS   ADR (Average Daily Range) See the current ADR pip value directly on your chart.   Current Candle Size Instantly see the size of the current candle in pips.   Previous Candle Size Quickly check the size of the last completed candle.  
FREE
Fibonacci Entries MT5
Christianiel Robles Faustino
Find Your Fibonacci Entry Levels Automatically Fibonacci Entries   is a FREE trading utility that automatically displays key Fibonacci entry levels from the selected candle—so you can quickly identify potential pullback areas without manually drawing Fibonacci levels. KEY FEATURES   Automatic Fibonacci Entries Automatically calculate and display Fibonacci levels from the selected candle.   Key Entry Levels Displays: 23.6% • 38.2% • 50.0%   Last Candle Analysis Use the previous can
FREE
Moving Average Alert
Christianiel Robles Faustino
4 (2)
Stop Watching the Moving Average. Get Alerted. Moving Average Alert  automatically monitors price interaction with your Moving Average and alerts you when your selected   candle and price-action conditions   occur. Don't settle for a basic MA crossover alert. KEY FEATURES   Close Above MA Detect bullish candles closing above the Moving Average.   Close Below MA Detect bearish candles closing below the Moving Average.   Close Above/Below MA Monitor both bullish and bearish MA brea
Fibonacci Entries
Christianiel Robles Faustino
Find Your Fibonacci Entry Levels Automatically Fibonacci Entries is a FREE trading utility that automatically displays key Fibonacci entry levels from the selected candle—so you can quickly identify potential pullback areas without manually drawing Fibonacci levels. KEY FEATURES Automatic Fibonacci Entries Automatically calculate and display Fibonacci levels from the selected candle. Key Entry Levels Displays: 23.6% • 38.2% • 50.0% Last Candle Analysis Use the previous candle as
FREE
Order Management Script MT5
Christianiel Robles Faustino
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 Multip
FREE
Pips Meter ADR
Christianiel Robles Faustino
See Your Key Trading Measurements at a Glance Smart Pips Meter  is a free utility that displays important market measurements directly on your chart—so you can make faster trading decisions without manually calculating pip distances. WHAT IT SHOWS ADR (Average Daily Range) See the current ADR pip value directly on your chart. Current Candle Size Instantly see the size of the current candle in pips. Previous Candle Size Quickly check the size of the last completed candle. Spread
FREE
Horizontal Line or Level Alert
Christianiel Robles Faustino
5 (1)
Stop Watching Key Price Levels. Get Alerted. Horizontal Line Alert  automatically monitors a price level and alerts you when price   closes above, closes below, or touches the line . Go beyond a basic horizontal-line alert with   candle confirmation, candle-size filtering, and price-action conditions . KEY FEATURES   Close Above Detect qualifying bullish candles closing above your horizontal level.   Close Below Detect qualifying bearish candles closing below your level.   Close A
Hedging Strategy EA
Christianiel Robles Faustino
Automatically Hedge Your Open Trades Hedging Strategy EA is an trading utility designed to automatically manage and hedge an existing position when the configured conditions are met. Instead of manually monitoring every price movement, let the EA handle the hedging sequence, trade conditions, spread protection, pending orders, and margin controls according to your settings. KEY FEATURES Automatic Hedging Automatically opens a hedge position after an initial trade according to your conf
Trading Manager Expert Advisor
Christianiel Robles Faustino
Stop Managing Every Trade Manually Trading Manager EA is a powerful trade-management utility designed to help you manage open positions, protect profits, control risk, and automate repetitive trading tasks . Built especially for traders using BTMM-style strategies , but flexible enough for other trading approaches. ONE EA. COMPLETE TRADE MANAGEMENT. Automatic Stop Loss Management Move your stop loss automatically as your trade reaches predefined Risk/Reward levels. Breakeven & Profit
Stop Switching Between Charts. Monitor Them All. Multi Chart Moving Average Alert  gives you a powerful dashboard to monitor Moving Average conditions across up to 20 open charts from a single window . Instead of checking every currency pair and timeframe manually, see the market status at a glance and get alerted when your selected MA conditions occur. KEY FEATURES Monitor Up to 20 Charts Track multiple symbols from one dashboard. Two Independent Timeframes Monitor two selected tim
Trend Line Alert MT4
Christianiel Robles Faustino
Stop Watching Trend Lines. Get Alerted. Trend Line Alert  automatically monitors your diagonal trend lines and alerts you when price closes above, closes below, or touches the line . Go beyond a basic trend-line alert with candle and price-action confirmation designed to help you focus on higher-quality setups. KEY FEATURES Close Above Trend Line Get alerted when a qualifying candle closes above your trend line. Close Below Trend Line Detect bearish breaks when price closes below th
Moving Average Alert MT5
Christianiel Robles Faustino
Stop Watching the Moving Average. Get Alerted. Moving Average Alert  automatically monitors price interaction with your Moving Average and alerts you when your selected candle and price-action conditions occur. Don't settle for a basic MA crossover alert. KEY FEATURES Close Above MA Detect bullish candles closing above the Moving Average. Close Below MA Detect bearish candles closing below the Moving Average. Close Above/Below MA Monitor both bullish and bearish MA breaks. Touc
Horizontal Line Alert MT5
Christianiel Robles Faustino
Stop Watching Key Price Levels. Get Alerted. Horizontal Line Alert  automatically monitors a price level and alerts you when price closes above, closes below, or touches the line . Go beyond a basic horizontal-line alert with candle confirmation, candle-size filtering, and price-action conditions . KEY FEATURES Close Above Detect qualifying bullish candles closing above your horizontal level. Close Below Detect qualifying bearish candles closing below your level. Close Above / Bel
Trend Line Alert MT5
Christianiel Robles Faustino
Stop Watching Trend Lines. Get Alerted. Trend Line Alert  automatically monitors your diagonal trend lines and alerts you when price   closes above, closes below, or touches the line . Go beyond a basic trend-line alert with   candle and price-action confirmation   designed to help you focus on higher-quality setups. KEY FEATURES   Close Above Trend Line Get alerted when a qualifying candle closes above your trend line.   Close Below Trend Line Detect bearish breaks when price close
Filter:
Moonbreaker
29
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
4612
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
Reply to review