Market / MetaTrader 4 / Utilities /

Trade Manager Interface MT4

FREE

Published: 19 November 2023

Current version: 2.1

Trade Manager Interface MT4

4.75

Utilities
Peter Mueller
Version: 2.1
Updated: 23 March 2024

The only input required is the leverage for the current symbol, as the program may not have access to this information with some brokers. There are 2 inputs for the Display Colors.

How does it work?

Simply fill out the Start Price, TP (Take Profit), SL (Stop Loss), and Volume parameters, and click on the "Open Trade" button to immediately place the order/trade. The "Long" button allows you to select whether you want to Buy (Long) or Sell (Short) the current security. If the start price parameter is higher than the current Ask price and you are in a long position, the order will be placed as a buy stop. If it is below the current Ask price, the order will be a buy limit order for a long position, and vice versa for a short position.

The "Display Lines" button shows the current start price, stop loss, and take profit levels on the chart. The displayed box provides the take profit and stop loss levels in points and percentages, and these levels can be adjusted by dragging them on the chart. This feature makes it easy to make trades based on support and resistance levels. The values displayed on the panel are always the "real" values when entering a trade.

There are two buttons at the bottom of the panel:

Open Trade: This button opens the trade or places an order with the current settings displayed on the panel. The values entered in the textboxes will overwrite the values displayed on the chart.
Close All: This button closes all open positions and deletes all pending orders for all symbols, including positions placed by other EAs.

I hope you find this program advantageous and that I could be of assistance. If you are interested in creating your own grid or zone recovery trading strategies and taking advantage of volatile or stagnant markets, be sure to check out my ManHedger Utility.

more...

430

Gellet Manchenella 2024.01.15 17:05 #

Very Good tool to have. The developer is sincere, hard-working, and enthusiastic to develop a high-quality product. He welcomed the suggestions and tried to improve. That is a great quality for a developer.

131

meghbaddi 2024.01.11 10:46 #

This is the good tool for the traders who want to have good control of the trades. Thanks for creating this great tool

358

Anpex 2024.03.24 02:38 #

Semplice e funzionale...Aggiungerei la possibilità di rilevare segnali da indicatori in modo da attivare in automatico, buy o sell.

This script generate close order history to a text file including order information such as - TicketNumber, OpenTime, Type, Volume, Symbol, - Price, S/L, T/P, CloseTime, Price, Commission, - Swap, Profit, MagicNumber, Comment Text File located at \MQL4\Files Please leave a comment or send me an email if you have any idea. #FF8,#FF10,#FF11,#WayneClassIsTheBest Email: fxac19@gmail.com

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63 USD

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358

Anpex 2024.03.24 02:38 #

Semplice e funzionale...Aggiungerei la possibilità di rilevare segnali da indicatori in modo da attivare in automatico, buy o sell.

8131

Reply from developer Peter Mueller 2024.03.24 20:30 #

Thanks very much for the review

hakkanen4 2024.02.02 05:08 #

very nice

8131

Reply from developer Peter Mueller 2024.02.03 12:22 #

Thanks for your review! If you have any questions I'd be happy to help just message me in PM.

430

Gellet Manchenella 2024.01.15 17:05 #

8131

Reply from developer Peter Mueller 2024.01.17 12:44 #

Thanks for your review!

131

meghbaddi 2024.01.11 10:46 #

This is the good tool for the traders who want to have good control of the trades. Thanks for creating this great tool

Version 2.1 2024.03.23

Fixed scaling now it should work with every kind of resolution

Version 2.0 2023.11.30

New feature: Risk and Gain introduced to the Position size calculation, now you can enter trades based on how much you want to gain or how much you are willing to risk on the trade.

Version 1.1 2023.11.20

Updated the old version.