STP TradeManager for the STPatterns Strategy

5

The STP Trade Manager is a utility tailored to the ST Patterns strategy by Vladimir Poltoratskiy (www.stpatterns.com)
While specifically made for this strategy, it can also be used for other trade management. Especially when you have a need for quickly making trades and risk management.

It is a huge time saver and helps in quickly drawing the different ST Patterns corridors.
People familiar with the ST Patterns strategy will recognize and above all; appreciate the functions of this EA.

This trade manager will help you to quickly place limit or market orders, taken from the Fibo corridors as per the ST Patterns strategy.

Some features are:

  • You can put two different Fibo's on the chart and place them on the fractals. Then the EA will calculate instantly the required levels for SL, TP and BE, and on top of that; the required lot-size for the risk you have entered.
  • The Fibo will change color when your corridor is too big/small. SO instant notification. No more manual measuring if the corridor meets the requirements. (Also on HTF's like the H1)
  • You can drag the Fibo's around and the levels are instantly recalculated.
  • The EA can place limit or market orders.
  • This EA will monitor you open trades and move the SL to break-even when price hits the Turnaround/BE-trigger level.
  • With one trade open,for example; a BUY, and price reaching the BE-level and then a second corridor for a SELL develops, the EA will close the BUY order once the SELL Limit order placement is triggered.
    So one trade cancels the other.
  • The EA can auto close an open trade at a preset time before a news event.
    (Like in the strategy: 1 or 3 hrs before the news)
    For this feature you need a free news indicator in your MT4/indicator folder. That can be downloaded here: https://bit.ly/STP-indicators
  • The EA can close all trades at the end of your trading day, at the time you have set in the box on the chart.
  • Ability to manual close open or pending trades from the chart itself.
  • Measurement line tool, for quickly getting the pip/point distance between two fractals.
  • For trading on the higher TF's like the H1, the EA has the needed ADR/2 levels auto-calculated. It even shows the appropriate value for a specific day in the past.
    There is no more need for the ST Patterns ADR/2 indicator
  • Lot size can either be fixed or percentage based. The percentage risk has the advantage that even when moving the Fibo-levels around, the set risk for the order will always be the same.
  • Ability to set a custom account balance value. So that a different value then your MT4 account balance is taken as base for the risk percentage. e.g set 1% of 5000 USD, instead of using 1% of your actual balance of 10000 USD.

The YouTube video will go over the features and different settings for the EA

Look at the link below for detailed explanation of the functions and settings:
https://www.mql5.com/en/blogs/post/748768

Write the author a PM for a free, one month fully working demo. (The free demo from mql5 might only work in the strategy tester)

Reviews 2
Myumyun Selimov
33
Myumyun Selimov 2025.09.10 18:13 
 

Dear, can you help me , when I press Fibo 0 or Fibo 1 , nothing is apearing on my chart . looks like buttons are not working , I thicked DLL 's , but still nothing ?

Ok - it is working , I need it to add the files mentioned on product page :D Thanks !

smfayyaz
124
smfayyaz 2024.06.06 05:13 
 

Excellent, Big time Time Saver and working for ST Pattern with Accuracy.

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Vu Trung Kien
4.77 (86)
Utilities
Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
Exp4 VirtualTradePad PRO SE for MT4
Vladislav Andruschenko
Utilities
VirtualTradePad PRO SE MT4 — advanced trading panel and chart workspace for MetaTrader 4 VirtualTradePad PRO SE is a professional trading panel and trade-management workspace for MetaTrader 4 . It helps traders open, manage, protect, close and analyze trades faster from one chart-based interface. The product was created for active manual traders who need more than a simple set of buttons. PRO SE combines one-click execution, pending orders, position control, partial close, basket profit/loss log
EasyInsight AIO MT4
Alain Verleyen
4 (2)
Utilities
EASY Insight AIO – All-In-One Power for AI-Driven Trading Want to skip the setup and start scanning the entire market – Forex, Gold, Crypto, Indices, and even Stocks – in seconds? EASY Insight AIO is the complete plug-and-play solution for AI-powered trade analysis. It includes all core Stein Investments indicators built-in and automatically exports clean, structured CSV files – perfect for backtesting, AI prompts, and live market decision-making. No need to install or configure indicators manu
Ultimate Partial Profit EA
BLAKE STEVEN RODGER
4.67 (3)
Utilities
This EA Utility delivers a robust solution for managing an unlimited array of open orders, both manual and automated. It enables customizable partial profit levels utilizing metrics such as pips, ratios, ATR (Average True Range), and profit amounts for precise trade management. The utility features an advanced on-screen display, offering clear visualization of all orders and their profit levels to enhance strategic decision-making and control. To evaluate its performance and interface, the EA s
Risk to R Ratio Manager
Omar Alkassar
Utilities
The Risk to Reward Ratio Manager is a visual order management tool and position size calculator designed to support disciplined trading and professional risk management. It allows traders to visually set entry, stop-loss, and take-profit levels directly on the chart, while automatically calculating the lot size and risk-to-reward ratio before sending an order. The tool helps standardize trade preparation and ensures that each position is opened with a predefined and controlled level of risk. Thi
GerFX BreakingNews Filter
Exler Consulting GmbH
Utilities
In the current version this filter will only work with my   night scalpers and the EA Profitection Filter  or with other EAs that utilize the global variables set by this EA.  An MT5 version is availalble   here .  Many scalpers these days have a "normal" news filter, which filters calendar news such as interest rate decisions or CPI releases.  However, this breaking news filter is able to filter non-standard breaking news. It will check every minute for news and if it finds a news event, it w
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Wave Cycle Counter
Eric Evert Ouweneel
Indicators
Wave and Cycle counter to give an immediate indication how far the ongoing trend has progressed. Low numbers: trend has just started, ride the trend. Higher numbers: trend is 'older', watch for reversals This indicator is 100% compatible with the fantastic TopDog trading strategy. (I will NOT give any details about this Top Dog strategy) The trend direction is determined by a SMA value (or any other MA) you can set. Waves and cycles numbers and letters are derived from a SlowStoch setting. Wave
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Myumyun Selimov
33
Myumyun Selimov 2025.09.10 18:13 
 

Dear, can you help me , when I press Fibo 0 or Fibo 1 , nothing is apearing on my chart . looks like buttons are not working , I thicked DLL 's , but still nothing ?

Ok - it is working , I need it to add the files mentioned on product page :D Thanks !

smfayyaz
124
smfayyaz 2024.06.06 05:13 
 

Excellent, Big time Time Saver and working for ST Pattern with Accuracy.

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