XP Forex Trade Manager MT4

4.67

Forex Trade Manager MT4 simplifies managing open orders in MetaTrader 4. If you open a new order, the manager automatically sets Stop Loss and Take Profit. When price will move, then the program could move Stop Loss to Break Even (stop loss = open price) or continuously moving Stop Loss (Trailing Stop) to protect your profits. Forex Trading Manager is able to control orders for only current symbols (where EA works) or for all opened orders (regardless symbol) and hide the Stop Loss and Take Profit from brokers.

List of all our available tools for Traders: https://www.mql5.com/en/users/mqlblue/seller

It’s a strategy for management of opened manual trades (opened on all symbols or only current chart’s symbol) by:
- setting StopLoss and/or Take Profit for the trades in pips
- Trailing Stop function which trail SL by the price
- Break Even which move SL to BE on chosen distance
- SL/TP can be managed by the broker (standard way) or in stealth mode – hidden from the broker. 

Parameters:
“SLTP Params”
Stop Loss – stop loss in pips for trades
Take Profit – take profit in pips for trades

“Break even”
UseBreakEven (true/false) – allowing to use only break even function for opened trades
BEActivation – profit in pips when break even function is activated
BELevel – additional distance from BE in pips when SL is placed by break even function

“Trailing Stop”
UseTrailingStop (true/false) – allowing to use only trailing stop function for opened trades
TSStart – profit in pips when trailing stop function is activated
TSStep – minimum difference in pips between new and current SL to allow  to move SL by trailing stop function
TSDistance – distance from current price in pips when SL is placed by trailing stop function

“Behavior”
StealthMode(true/false) – hide sl/tp levels from the broker and EA is closing trades on those levels programmatically
OnlyCurrentPair(true/false) – allow management of trades only from current chart’s symbol (true) or from all pairs (false)

Info:
All parameters for trades and functions are settable in the parameters of the EA. The Forex Trade Manager also display on the chart an information about the current daily profit/loss in pips and account currency.

Reviews 9
Nick
455
Nick 2026.02.01 06:32 
 

A must for beginners, which displays the needed information on the chart!

marknz
59
marknz 2025.04.04 09:24 
 

Brilliant. Thank you for this !!

Works well on CFD's and Forex

Titog1
19
Titog1 2024.02.08 21:34 
 

Very good EA !

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Equity Protect Pro: Your Comprehensive Account Protection Expert for Worry-Free Trading If you're looking for features like account protection, equity protection, portfolio protection, multi-strategy protection, profit protection, profit harvesting, trading security, risk control programs, automatic risk control, automatic liquidation, conditional liquidation, scheduled liquidation, dynamic liquidation, trailing stop loss, one-click close, one-click liquidation, and one-click restore, Equity P
The News Filter
Leolouiski Gan
5 (25)
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This product filters all expert advisors and manual charts during news time. It is able to remove any of your EA during news and automatically reattach them after news ends. This product also comes with a complete  order management system that can handle your open positions and pending orders before the release of any news. Once you purchase The News Filter , you will no longer need to rely on built-in news filters for future expert advisors, as this product can filter them all from here onwards
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The Hung Ngo
5 (1)
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Prop Guardian Risk Manager MT4 – Drawdown, Risk & Hedge Protection for Prop Firm and Managed Accounts Prop Guardian Risk Manager is a professional risk-control utility for MetaTrader 4, designed for prop firm traders, money managers and anyone who wants strict account-level risk protection. It does not generate trading signals, strategy entries or trading decisions. Instead, it runs in the background, monitors your account risk and can automatically block new exposure, close managed trades or ac
Grid Manual MT4
Alfiya Fazylova
4.71 (17)
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Grid Manual is a trading panel for working with grid strategies. The utility is universal, has flexible settings and an intuitive interface. It works with a grid of orders not only in the direction of averaging losses, but also in the direction of increasing profits. The trader does not need to create and maintain a grid of orders, the utility will do it. It is enough to open an order and the Grid manual will automatically create a grid of orders for it and will accompany it until the close. Ful
Vyl Trade Manager
Murat Kaisariyev
Utilities
# Vyl Trade Manager — Full Documentation ## Short Description (for the Market product card) Vyl Trade Manager is a professional trading panel for MetaTrader 4 that automates risk-based position-size calculation and gives you instant access to all the trade-management tools you need. Forget manual calculations and complex formulas — one click to open a trade with the correct lot size, instant move-to-breakeven, partial profit-taking, and Stop Loss/Take Profit management right from the chart
Copier4Free
Vladimir Tkach
Utilities
The utility copies trades from the signal provider accounts (master accounts, one or multiple providers) to unlimited number of receiver accounts (slave accounts). The provider is defined by the 'provider' parameter (any combination of numbers and letters). For example, there are two providers. Run the utility in master mode on them, and set different values to the provider parameter. On the account designated for copying these signals, run two utilities in slave mode in different windows, setti
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Filter:
Nick
455
Nick 2026.02.01 06:32 
 

A must for beginners, which displays the needed information on the chart!

MQL TOOLS SL
83562
Reply from developer Marzena Maria Szmit 2026.02.06 15:21
Hi. Thank you very much for your review and for using XP Forex Trade Manager. We appreciate your feedback and are glad to hear that this tool meets your expectations. XP Forex Trader Manager is designed to help manage trades in a clear and efficient way. It allows precise control over positions risk and execution which makes everyday trading more organized and disciplined. We wish you consistent and successful trading. You are welcome👍📊
marknz
59
marknz 2025.04.04 09:24 
 

Brilliant. Thank you for this !!

Works well on CFD's and Forex

MQL TOOLS SL
83562
Reply from developer Marzena Maria Szmit 2026.02.06 15:21
Hi. Thank you very much for your review and for using XP Forex Trade Manager. We appreciate your feedback and are glad to hear that this tool meets your expectations. XP Forex Trader Manager is designed to help manage trades in a clear and efficient way. It allows precise control over positions risk and execution which makes everyday trading more organized and disciplined. We wish you consistent and successful trading. You are welcome👍📊
[Deleted] 2025.03.24 10:14 
 

User didn't leave any comment to the rating

MQL TOOLS SL
83562
Reply from developer Marzena Maria Szmit 2026.02.06 15:22
Hi. Thank you very much for your review and for using XP Forex Trade Manager. We appreciate your feedback and are glad to hear that this tool meets your expectations. XP Forex Trader Manager is designed to help manage trades in a clear and efficient way. It allows precise control over positions risk and execution which makes everyday trading more organized and disciplined. We wish you consistent and successful trading. You are welcome👍📊
Titog1
19
Titog1 2024.02.08 21:34 
 

Very good EA !

MQL TOOLS SL
83562
Reply from developer Marzena Maria Szmit 2026.02.06 15:22
Hi. Thank you very much for your review and for using XP Forex Trade Manager. We appreciate your feedback and are glad to hear that this tool meets your expectations. XP Forex Trader Manager is designed to help manage trades in a clear and efficient way. It allows precise control over positions risk and execution which makes everyday trading more organized and disciplined. We wish you consistent and successful trading. You are welcome👍📊
mauro bianchi
261
mauro bianchi 2023.06.19 06:48 
 

Grazie, davvero utile

MQL TOOLS SL
83562
Reply from developer Marzena Maria Szmit 2026.02.06 15:22
Hi. Thank you very much for your review and for using XP Forex Trade Manager. We appreciate your feedback and are glad to hear that this tool meets your expectations. XP Forex Trader Manager is designed to help manage trades in a clear and efficient way. It allows precise control over positions risk and execution which makes everyday trading more organized and disciplined. We wish you consistent and successful trading. You are welcome👍📊
lengendmt4
1099
lengendmt4 2023.06.12 13:54 
 

User didn't leave any comment to the rating

MQL TOOLS SL
83562
Reply from developer Marzena Maria Szmit 2026.02.06 15:24
Hi. Thank you very much for your review and for using XP Forex Trade Manager. We appreciate your feedback and are glad to hear that this tool meets your expectations. XP Forex Trader Manager is designed to help manage trades in a clear and efficient way. It allows precise control over positions risk and execution which makes everyday trading more organized and disciplined. We wish you consistent and successful trading. You are welcome👍📊
mr007
102
mr007 2023.03.16 10:58 
 

It is a clear simple tool. When you open positions it also sets SL (and TP, if you prefer) values and you do not need to waste time setting SLs and TPs by hand.

MQL TOOLS SL
83562
Reply from developer Marzena Maria Szmit 2026.02.06 15:24
Hi. Thank you very much for your review and for using XP Forex Trade Manager. We appreciate your feedback and are glad to hear that this tool meets your expectations. XP Forex Trader Manager is designed to help manage trades in a clear and efficient way. It allows precise control over positions risk and execution which makes everyday trading more organized and disciplined. We wish you consistent and successful trading. You are welcome👍📊
Shifu987 Jingshen
190
Shifu987 Jingshen 2023.02.24 11:32 
 

User didn't leave any comment to the rating

MQL TOOLS SL
83562
Reply from developer Marzena Maria Szmit 2026.02.06 15:24
Hi. Thank you very much for your review and for using XP Forex Trade Manager. We appreciate your feedback and are glad to hear that this tool meets your expectations. XP Forex Trader Manager is designed to help manage trades in a clear and efficient way. It allows precise control over positions risk and execution which makes everyday trading more organized and disciplined. We wish you consistent and successful trading. You are welcome👍📊
Lupacchiotta
330
Lupacchiotta 2023.02.17 13:55 
 

All perfect. Don't open orders during the news release as volatility will cause it to slip. Remember to change pips to points if you use currencies with metals. Example: 10 on eur/usd is 10 pips, 100 on xau/usd is 10 pips. Great tool, thanks

MQL TOOLS SL
83562
Reply from developer Marzena Maria Szmit 2026.02.06 15:24
Hi. Thank you very much for your review and for using XP Forex Trade Manager. We appreciate your feedback and are glad to hear that this tool meets your expectations. XP Forex Trader Manager is designed to help manage trades in a clear and efficient way. It allows precise control over positions risk and execution which makes everyday trading more organized and disciplined. We wish you consistent and successful trading. You are welcome👍📊
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