XP Forex Trade Manager MT5

4.4

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 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 trade
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 14
Nick
430
Nick 2026.05.29 03:56 
 

Amazing trading tool which the developer generously gave it for free. This should be a paid tool. This should be in every traders everyday use.

Nzangrah
23
Nzangrah 2026.02.13 11:30 
 

Very useful tool. Thank you.

david.l
514
david.l 2025.04.30 04:01 
 

good EA

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Filter:
traderspeed
508
traderspeed 2026.07.15 12:16 
 

User didn't leave any comment to the rating

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2026.07.15 12:42
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👍📊
Nick
430
Nick 2026.05.29 03:56 
 

Amazing trading tool which the developer generously gave it for free. This should be a paid tool. This should be in every traders everyday use.

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2026.05.29 07:45
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👍📊
Nzangrah
23
Nzangrah 2026.02.13 11:30 
 

Very useful tool. Thank you.

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2026.02.13 17:28
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👍📊
david.l
514
david.l 2025.04.30 04:01 
 

good EA

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2026.02.06 15:19
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👍📊
22487555
74
22487555 2025.04.01 03:31 
 

User didn't leave any comment to the rating

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2026.02.06 15:20
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👍📊
Hubex
256
Hubex 2025.02.26 18:34 
 

User didn't leave any comment to the rating

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2025.03.06 22:31
Hi. Thank you for the comment. Regarding the issues that have been raised:
a) the information about the profit are updated after every trade and this is displayed data about closed daily profit from all trades - so it's not the profit from currently active trades in the market. b) the lines displayed in StealthMOde are removed only when the trades are closed by those lines (sl or tp). If the trades is closed by any other method (manually or by other EAs), the lines wont' be deactivated then. You can always remove the objects by deleting them from the objects list of the chart (open the list of objects, show all objects by pressing "List all" and remove old lines). I understand that it is easier to write a negative opinion than to send me a question:(
mtra2023
14
mtra2023 2024.10.01 20:03 
 

This version is not working, I have been using this program for over a year and with version 3.0 it worked perfectly but since it was updated to version 4.0 it no longer works on any of the computers I have installed it. Please help me because it is the only tool that used to work perfectly for me before I have to update to version 4.0. Thanks

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2026.02.06 15:20
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👍📊
okskreen61
129
okskreen61 2024.09.02 14:04 
 

Unfortunately it doesn't work. And it's not clear how and what to configure and enable, and wait for the description

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2026.02.06 15:20
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👍📊
65638263
737
65638263 2024.06.12 03:02 
 

lo estoy provando, se ve prometedor muchas gracias

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2026.02.06 15:20
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👍📊
zvezdell
14
zvezdell 2024.05.13 17:31 
 

не работает

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2026.02.06 15:20
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👍📊
ZC Zhou
83
ZC Zhou 2023.10.23 11:51 
 

非常棒的工具

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2025.02.28 14:26
You are welcome👍📊
Trading Indian
1404
Trading Indian 2023.08.04 13:26 
 

Marzena, I have been using your Trade Manager for one week now. This is what I call simplicity at its best. No fancy panels nothing. Just simple, effective, reliable trade manager. I always believe, to be successful in trading, the simpler you are the better you get. I have only one issue with the trade manager which I am sure you can solve easily. If I have a trade open and I have selected StealthMode, your Expert draws lines at stop loss and TP which is good. However, for any reason, if I close the trade manually before it hits SL or TP, the lines for those trades remain on the chart and I have manually remove them. It would be great if add a small routine which checks if the ticket related to the lines is still open and if it is not open then remove those lines. But, overall, great job and I can't believe that you are not charging for this. It is definitely worth a few dollars. Thanks...

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2026.02.06 15:20
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 11:30 
 

User didn't leave any comment to the rating

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2026.02.06 15:20
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👍📊
Artur Jacek Domagala
1063
Artur Jacek Domagala 2023.02.21 00:36 
 

Simple, Clear, Easy to use, very helpfull tool

MQL TOOLS SL
80950
Reply from developer Marzena Maria Szmit 2026.02.06 15:20
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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