Market / MetaTrader 4 / Utilities /

XP Forex Trade Manager MT4

FREE

Published: 19 December 2022

Current version: 6.0

XP Forex Trade Manager MT4

4.67

Utilities
MQL TOOLS SL
MQL TOOLS SL
CEO at MQL TOOLS SL

Spain

80639
4.4 (1921)
- https://www.mqlblue.com
🤖 17 years of Forex programming experience + AI solutions + dedicated support = The Best Forex Tools For Traders
=========================================================================================================================

34 products 4 codes 323 comments
Version: 6.0
Updated: 14 January 2025

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.

more...

Screenshot #1 XP Forex Trade Manager MT4

Screenshot #2 XP Forex Trade Manager MT4

430

Nick 2026.02.01 06:32 #

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

marknz 2025.04.04 09:24 #

Brilliant. Thank you for this !!

Works well on CFD's and Forex

Titog1 2024.02.08 21:34 #

Very good EA !

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Price Action Robot is a professional trading system built entirely on real market behavior without indicators, grid strategies, or martingale systems. It analyzes pure price action , focusing on structure, trend dynamics, and key market movements to identify high probability trading opportunities. The system is designed to read the market the same way experienced traders do, using logic based on real price movement rather than lagging indicators. It reacts dynamically to changing market conditio

999 USD

AI Prop Firms - Intelligent Automation Built for Prop Trading Firms . AI Prop Firms is an advanced fully automated Forex trading system powered by Artificial Intelligence , developed specifically to operate within the strict rules and evaluation models of prop trading firms. The system is designed to trade under controlled risk conditions while maintaining consistency , stability, and compliance with prop firm requirements. AI Prop Firms uses intelligent market analysis logic that continuously

1 299 USD

Aussie Loonie EA is a professional trading system developed exclusively for the AUDCAD currency pair. This cross pair is widely recognized for its stable and technical behavior, which makes it particularly attractive for traders who prefer structured and predictable market conditions rather than extreme volatility and sudden price spikes. By focusing solely on AUDCAD, the system is able to adapt precisely to the specific characteristics, rhythm and movement patterns of this pair. The EA operates

799 USD

1 499 USD

1 099 USD

The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price

2 099 USD

1 599 USD

XA Risk Reward Ratio Tool MT5 tool is a professional algorithm, that calculates risk of every transaction before it is finalized. It allows you to precisely estimate gain and possible loss. The professional tool can estimate levels of Take Profit and Stop Loss incredibly precisely, making investments more effective and safer. Using Risk Reward Ratio Tool, you can with one click carry out transactions, cancel position, set position rate, set opening point, TP, SL and many other features. List of

FREE

1 299 USD

799 USD

999 USD

Forex Trade Manager MT5 simplifies managing open orders in MetaTrader 5. 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 Prof

FREE

The XR Gartley Pattern MT5 is an indicator which displays and alerts Gartley pattern detected on the candlestick chart. It also displays potential trade with calculated Take Profit and Stop Loss. After purchasing XR Gartley Pattern Indicator, you can immediately download this indicator from the MT4-MT5 Market and start using it because all features are set to default, is not necessary to change any parameter. List of all our available tools for Traders: https://www.mql5.com/en/users/mqlblue/sell

FREE

One Click Close MT4 is an EA which allows you close orders quickly. EA display on chart two buttons. The first button "Close All Positions" is using to close all opened orders. The second button "Close Profit Positions" is using to close only profitable orders. EA is closing orders for all available symbols, not only for chart symbol. In EA params you can set distance from upper chart frame (Y Offset) and from left chart frame (X Offset). For installation EA it is only need to copy One Click Clo

FREE

The AX Forex Indicator MT5 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This powerful indicator simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AX Forex Indicator uses advanced algorithms to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliabl

179 USD

One Click Close MT5 is an EA which allows you close orders quickly. EA display on chart two buttons. The first button "Close All Positions" is using to close all opened orders. The second button "Close Profit Positions" is using to close only profitable orders. EA is closing orders for all available symbols, not only for chart symbol. In EA params you can set distance from upper chart frame (Y Offset) and from left chart frame (X Offset). For installation EA it is only need to copy One Click Clo

FREE

The Multi Pairs Forex Indicator is an advanced trading too l that allows traders to track and analyze the performance of multiple currency pairs in real-time on a single chart. It consolidates data from various Forex pairs, providing an at-a-glance overview of market conditions across different currencies and helps you save time. Useful for various trading styles, including scalping, day trading, and swing trading. Whether you're monitoring major pairs like EUR/USD, GBP/USD, or more exoti

99 USD

XE Forex Strengh Indicator MT5 displays visual information about direction and strength of a signal for current pair and chosen timeframes (M5, M15, M30 and H1). Calculations are based on multiple factors and results are shown as a colored panel with scale bar, numerical values and arrows. There are also displayed values of current price and spread on the pair. There can be activated an alert (as a mail or pop-up window with sound) for each available timeframes which send a message when the dir

FREE

Forex Trade Manager Grid MT5 helps you to managing orders and achieve the goal. You only need to place first order with Take Profit, run EA and set in params profit (pips) you want to get. EA will be managing your positions, as will gather appointed amount of pips. It’s a strategy for management of manual trades opened on current pair. The strategy adds positions to currently opened trades in a grid management (with chosen distance in pips between trades) - up to 15 trades (or less). First up to

FREE

XA Risk Reward Ratio Tool MT4 tool is a professional algorithm, that calculates risk of every transaction before it is finalized. It allows you to precisely estimate gain and possible loss. The professional tool can estimate levels of Take Profit and Stop Loss incredibly precisely, making investments more effective and safer. Using Risk Reward Ratio Tool, you can with one click carry out transactions, cancel position, set position rate, set opening point, TP, SL and many other features. List of

FREE

XE Forex Strengh Indicator MT4 displays visual information about direction and strength of a signal for current pair and chosen timeframes (M5, M15, M30 and H1). Calculations are based on multiple factors and results are shown as a colored panel with scale bar, numerical values and arrows. There are also displayed values of current price and spread on the pair. There can be activated an alert (as a mail or pop-up window with sound) for each available timeframes which send a message when the dir

FREE

99 USD

The XR Gartley Pattern MT4 is an indicator which displays and alerts Gartley pattern detected on the candlestick chart. It also displays potential trade with calculated Take Profit and Stop Loss, Timeframe H1. After purchasing XR Gartley Pattern, you can immediately download this indicator from the MT4-MT5 Market and start using it because all features are set to default, is not necessary to change any parameter. List of all our available tools for Traders: https://www.mql5.com/en/users/mqlblu

FREE

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430

Nick 2026.02.01 06:32 #

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

80639

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 2025.04.04 09:24 #

Brilliant. Thank you for this !!

Works well on CFD's and Forex

80639

Reply from developer Marzena Maria Szmit 2026.02.06 15:21 #

[Deleted] 2025.03.24 10:14 #

User didn't leave any comment to the rating

80639

Reply from developer Marzena Maria Szmit 2026.02.06 15:22 #

Titog1 2024.02.08 21:34 #

Very good EA !

80639

Reply from developer Marzena Maria Szmit 2026.02.06 15:22 #

261

mauro bianchi 2023.06.19 06:48 #

Grazie, davvero utile

80639

Reply from developer Marzena Maria Szmit 2026.02.06 15:22 #

1099

lengendmt4 2023.06.12 13:54 #

User didn't leave any comment to the rating

80639

Reply from developer Marzena Maria Szmit 2026.02.06 15:24 #

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.

80639

Reply from developer Marzena Maria Szmit 2026.02.06 15:24 #

190

Shifu987 Jingshen 2023.02.24 11:32 #

User didn't leave any comment to the rating

80639

Reply from developer Marzena Maria Szmit 2026.02.06 15:24 #

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

80639

Reply from developer Marzena Maria Szmit 2026.02.06 15:24 #

XP Forex Trade Manager MT4

MQL TOOLS SL