Trade Manager DaneTrades

4.31

Trade Manager to help you quickly enter and exit trades while automatically calculating your risk. Including features to help prevent you from Over Trading, Revenge Trading and Emotional Trading. Trades can be managed automatically and the account performance metrics can be visualised in a graph. These features make this panel ideal for all manual traders and it helps to enhance the MetaTrader 5 platform. Multi Language support.

MT4 Version | User Guide + Demo

The Trade Manager does not work in the strategy tester. For a demo please go to the User Guide

Risk Management

  • Automatic adjustment of risk based on % or $
  • Option to use fixed lot sizes or automatic lot size calculation based on volume and pips
  • Breakeven stop loss settings using RR, Pips or Price
  • Trailing stop loss settings 
  • Max Daily Loss in % to automatically close all trades when target is hit. Protects the account from too much drawdown and stops you from overtrading
  • Max Daily Loss in $ to automatically close all trades when target is hit. Protects the account from too much drawdown and stops you from overtrading
  • Breakeven all trades with one button
  • Automatically calculate risk for trades sent from Mobile/phone
  • OCO available in the settings
  • Automatically split risk across multiple TPs with one button

Trade and Position Management

  • Stop overtrading and revenge trading with setting max trades per Month, Week, Day, Hour, or Minutes.
  • Advanced Pending Order Management. Adjust rules for when to Close Pending Orders
  • Trailing Pending Orders
  • Support for both market orders and pending orders
  • Max Daily Profit Target in $ to secure positions and stop overtrading
  • Max Daily Profit Target in % to secure positions
  • Max Open Trades to limit risk and exposure.
  • Automatically take partials using RR, Pips or Price
  • Enter using fixed RR targets such as 1:2, 1:3, 1:4 etc, and see the calculated profit of the position
  • Close all pending orders with one button
  • Open multiple trades with one button press
  • Automatically open up to 5 TPs with one click

Graphical Panel Features

  • Use a visual risk reward tool to enter trades. Visualise trades and enter using lines.
  • Check account performance and stats such as Win rate, loss rate, total trades etc.
  • Visualise trading performance and get a graph of stats with filters such as symbol and date range.
  • Save up to 3 setting file templates for the managed settings
  • Load settings files to quickly use your most preferred settings
  • Automatic screenshots. Customise timeframe and size of screenshot.
  • Automatic screenshots on order pending, delete, open, close, expire, hit TP or SL.
  • Export all trades to a spreadsheet with one button.
  • Task Scheduler allows you to carry out actions on specific days and time. 
  • Virtual Stop Loss and Take Profit Manager
  • Bulk edit Stop Loss and Take Profit Levels for the same symbol

Send Notifications

  • Choose from Alerts, Push and Email notifications
  • Notify if Order Hits SL or TP
  • Notify if Order goes to Breakeven
  • Notify if a partial gets taken
  • Notify if Max Daily Loss is reached
  • Notify if Max Daily Profit is reached
  • Notify if Trading gets restricted
  • Notify if Trading gets allowed

Trading Hotkeys and Shortcuts

  • Fully customisable hotkeys and shortcuts for main functions of the panel

If you have any issues please contact me I am always happy to help


#Tags: Prop Firm, Trading Panel, Trade Manager,  Order Management, Trailing Stop, Break Even, Partial Close, Manual Trading, Trading Assistant, Trade Assistant, Risk Management, Overtrading, Position Management, Max Loss, History Stat, virtual tp, virtual sl, Hidden Stop Loss, Hidden Take Profit, bulk sl, bulk tp, Mobile Trades


Reviews 33
zsuga01
19
zsuga01 2024.11.28 21:15 
 

Amazing

m.eo
15
m.eo 2024.10.16 17:09 
 

Great tool, better than trade assistant imho. Dane is very responsive & is all ears to any suggestions on improving the tool which is fantastic. I will be using Danes Trade Manager for the foreseeable future. Cheers Dane

Anton Hassan
42
Anton Hassan 2024.06.04 14:10 
 

I have used the Trade Manager for 3 months (on subscription basis). Now, I cannot trade without it, so I purchased it.

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neuktdg
86
neuktdg 2025.05.19 16:57 
 

Same like the last commets... Its imposible to use... It doesn't flow, you have to keep entering parameters, it doesn't charge properly... impossible to operate like this. I've requested a refund, and I hope they take responsibility until they fix the product's malfunction.

"Unfortunately you have to contact the service desk (to refund payment). Mql5 doesn't give us sellers any control or authorisation which is very annoying

15:33

I am releasing quite a big update which should resolve some compatibility bugs. However this won't be ready for at least a week"

Admitting the problems privately, "incompatibilitie... BIG UPDATE needed", but no one taking responsibility for users' money. Very nice.

Levi Dane Benjamin
16987
Reply from developer Levi Dane Benjamin 2025.05.19 18:05
Thanks for your feedback. There is no malfunction that you speak of and the tool works fine as testified by many people. If you are having issues please send me a video or screenshot of the issue. I would appreciate this rather than a negative review giving others the wrong impression
Jasvir Singh
267
Jasvir Singh 2025.05.04 13:24 
 

I bought Trade manager on 4/09/2025 and realized that it's slowing down my MT5. Then I tested on 32 different pairs. I use a few indicators on my chart. I think it is conflicting with my indicators. I reached out to the developer, explained my situation and requested a refund. Instead take a look at my issue. The developer sent me a screenshot of General Provisions and Conditions of Use service Market and I was told to read line 14. Here is line 14. " Products purchased through the Market service can not returned" * If you use Indicators like me, this product may not work properly.

Simon Peter Ward
421
Simon Peter Ward 2025.03.24 18:32 
 

Don't bother with this unless you have a fast VPS or Windows machine, i bought it and was excited to use it, but when i loaded it up, it was too heavy to run so i cant use it at all.. waste of money, Author says no refunds!!

junior garcia
23
junior garcia 2024.12.20 13:22 
 

User didn't leave any comment to the rating

Levi Dane Benjamin
16987
Reply from developer Levi Dane Benjamin 2024.12.20 13:29
Hi, are you having an issue? If so please dm me. Otherwise thanks for the positive review
zsuga01
19
zsuga01 2024.11.28 21:15 
 

Amazing

Levi Dane Benjamin
16987
Reply from developer Levi Dane Benjamin 2024.11.28 21:54
Thank you for the support
AK Land
23
AK Land 2024.10.21 06:57 
 

Overall, I find Dane Trade Manager to be a very useful tool that offers significant assistance to traders. However, I have a few suggestions for improvements. The main issue I encountered is that order execution is not immediate—it can take up to 10 seconds, during which MetaTrader freezes, and you're unable to perform any actions until the order is processed. Another problem is with the screenshot feature. I couldn't find an option to choose where screenshots are saved, making it difficult to benefit from this functionality. Lastly, there's an issue with locking the risk-to-reward ratio. Even if I save the settings, I have to lock the ratio each time I open a new financial instrument, which becomes repetitive and inconvenient.

m.eo
15
m.eo 2024.10.16 17:09 
 

Great tool, better than trade assistant imho. Dane is very responsive & is all ears to any suggestions on improving the tool which is fantastic. I will be using Danes Trade Manager for the foreseeable future. Cheers Dane

INZU PK
43
INZU PK 2024.08.06 19:21 
 

Nice tool that every trader must have, especially day traders and scalpers. could you please post a video about how to install it on multiple MT5s from different brokers in the same laptop,

Levi Dane Benjamin
16987
Reply from developer Levi Dane Benjamin 2024.08.06 20:28
Hi, we really appreciate your review. You can install it on all 3. In your other terminals, make sure your logged into your MT5 account
Go to tools > MQL5 Market > browse to the tool > install
Mmdwh Ahmd Slyman Ahmd Mhmd
397
Mmdwh Ahmd Slyman Ahmd Mhmd 2024.06.15 21:41 
 

User didn't leave any comment to the rating

Anton Hassan
42
Anton Hassan 2024.06.04 14:10 
 

I have used the Trade Manager for 3 months (on subscription basis). Now, I cannot trade without it, so I purchased it.

oela
19
oela 2024.05.24 18:26 
 

User didn't leave any comment to the rating

Levi Dane Benjamin
16987
Reply from developer Levi Dane Benjamin 2024.05.25 09:37
Hi, what do you mean you cannot use it on your live account? There are no account restrictions Did you download/install the paid version?
Blakouu
59
Blakouu 2024.04.18 20:07 
 

Many lag, Not ajusting the risk with the rr tools, many bugs, close trade on different account even the trade manager is not on my chart, many to improve

Levi Dane Benjamin
16987
Reply from developer Levi Dane Benjamin 2024.04.19 14:19
Hi, I've not seen the errors you've described and I have not heard from you before about any issues. Can you message me and show me the issues you experience please. I am happy to resolve if there are issues
Steunis
159
Steunis 2024.04.16 04:37 
 

Excellent product, works well. For years I have been using and still use a different Trade Manager FX Synergy which is great for managing multiple accounts all under one banner but it only works currently with MT4. Trade manager from Dane works very well so far and he responds quickly. Give it a go, I am pleased I did.

Bigcheese2014
29
Bigcheese2014 2024.03.20 21:53 
 

The interface sometimes gets laggy. After resizing strange boxes appear outside and around the interface. Save buttons don't work. Doesn't relaunch with the set settings even though have saved it in a slot and checked that it should. Instead i use the metatrader save template feature. Also the risk tool should stick to the actual trade lines not move around so you could see what is your rr after changing the tp for example. Overall not impressed. But at least risk calculation works which is why we need this tool. So will keep using it for now to see how it goes.

Levi Dane Benjamin
16987
Reply from developer Levi Dane Benjamin 2024.03.20 21:58
Hi, Thanks for the feedback. When resizing its better to load the EA from scratch with the settings you want instead of changing the parameters while its running. This can cause unwanted behaviour. Loading from a chart template can also cause unwanted behaviour. The RR tools is not meant for your trades you are in. It is purely for entering new trades this is why it follows price. If you follow what I have said your issues should disappear
Artfuldodger
19
Artfuldodger 2024.02.11 10:45 
 

This is a really great tool for making a challenging platform much easier to use. Dane is amazingly responsive on Discord and constantly updating based on feedback.

Levi Dane Benjamin
16987
Reply from developer Levi Dane Benjamin 2024.02.11 14:31
Thank you I'm glad you like the product
tamaui
29
tamaui 2024.02.09 18:28 
 

User didn't leave any comment to the rating

Levi Dane Benjamin
16987
Reply from developer Levi Dane Benjamin 2024.02.09 18:30
Thank you for the feedback. I'm glad you're happy!
alexvan247
37
alexvan247 2024.01.08 11:19 
 

Great tool and support. Asked a question on a Sunday and had a very quick response and was able to help on an unrelated matter for MT5. Thank you

Orlando Zapata
68
Orlando Zapata 2023.12.22 23:36 
 

I wanted to share how this trade manager has been a game-changer, especially when it comes to keeping my trading risks in check. First off, the customization options are a lifesaver. I can set how much I'm willing to risk on each trade, making sure I stay within my comfort zone. This alone has helped me stick to a smart, disciplined strategy. The real-time risk analysis is like having a safety net. It shows me the potential risks before I make a move, so I can adjust and make smarter decisions. It's like having a second pair of eyes on my trades! The automation feature is gold for risk management. It takes care of executing my trades according to my risk limits, so I'm not relying on my emotions in the heat of the moment. And the best part? The tool's performance stats help me learn from my past trades, so I can keep getting better at managing risks over time. If you want to keep your trading safe and simple this is the way to go. It's made a big difference for me! ⭐️⭐️⭐️⭐️⭐️

Samuel Pointner
38
Samuel Pointner 2023.12.22 08:15 
 

Absolutely the top-notch trade management tool! Plus, the developer is fantastic and genuinely committed to delivering a high-quality product.

Levi Dane Benjamin
16987
Reply from developer Levi Dane Benjamin 2023.12.22 08:52
I'm glad you're happy!
Volodymyr Tkhorivskyi
274
Volodymyr Tkhorivskyi 2023.12.21 10:23 
 

Честно говоря, я ожидал лучшего. При входе в позицию, программа не сопровождает трейд, нельзя переставить ТП или СЛ с помощью программы. В общем нельзя сделать ничего после входа в позицию.

Обновление:

После моего отзыва автор связался со мной, предложил доработать советник с моими пожеланиями. Через несколько дней появилось обновление, которое имеет все необходимые мне функции. Очень хороший автор! Спасибо за быструю реакцию и работу. Теперь я могу его рекомендовать!

Levi Dane Benjamin
16987
Reply from developer Levi Dane Benjamin 2023.12.21 10:27
Hi Volodymyr, Thanks for your honest review.
If you wish to move your SL or TP after you enter a position you can just drag the TP and SL lines on the chart. This is as simple as it gets and the EA doesn't need to try and reinvent this.
If you wish to manage the trade with rules and settings then you can do this with many options. What is it that you want to see for you to change this to a 5* review? Thanks
12
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