Perfect. Period.
Forex Trade Manager MT4
Determination of transaction risk by calculating possible profits and losses. Precise designation of TP and SL levels for each transaction. These are the basic activities that every trader of financial markets must face with. The purpose of these calculations is very simple, achieving satisfying profits from FX transactions, with a minimum of risk. This is certainly the dream of each trader. This makes it difficult for new investors to take their first steps in this market.
EA Forex Trade Manager works on all kind of symbols: currency pairs, indices, metals, commodities, cryptocurrencies, etc. |
Trade Manager doesn't work in the Strategy Tester. |
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Do not you believe that one tool is enough to make investing safer, easier and much more effective? Forex Trade Manager has:
- intuitive, visual determination of Stop Loss and Take Profit levels;
- a modern algorithm that effectively determines the risk of trading before it is executed;
- determination of the value of trade;
- precise calculation of the risk to reward ratio;
- the ability to open and close transactions from one panel, quickly and very intuitively;
- break even activated on set profit in pips or % of distance to TP;
- trailing stop;
- automatic and manual order part closing.
The program was built based on a very ergonomic interface. You only need a moment to understand all the functions and open your first trades. This product is the result of many months of hard work of the best financial markets specialists. Forex Trade Manager significantly automates the trading process and helps to accurately assess the risk without wasting time on a complex analysis.
Main features
- visual orders: trade by horizontal lines placing on chart to set open, stop loss and take profit levels;
- calculation of potential profit or loss in account currency;
- lot size calculation based on risk % of account equity, account balance or fixed cash amount;
- risk reward ratio calculation;
- easy placing market or pending order by clicking button on panel;
- easy order modification;
- fast closing market or pending orders (all / profitable / lossy);
How to use Forex Trade Manager
Step 1: Draw lines
- click the button Draw (with pencil) and then click on the chart where you want to place the „Open” line.
- double click on lines and move them to specified levels where you planned to open order and set stop loss and take profit.
- set lot size in panel and read what is your stop loss and take profit value in account currency
- or select one of the automatic lot calculation based on risk % of account balance/equity or fixed cash amount
- Click button "Market Order" or "Pending Order" on panel
- click button clear (with rubber) to remove lines from chart.
It is possible to manage orders via Trade Manager. Select "Manual Manage Orders" tab and select order from list. You can set new stop loss or take profit as distance from open price in pips or direct setting sl/tp levels.
Trade Panel has also button to quick close market orders (all / profitable / lossy) or delete pending orders (all / limit orders / pending orders).
Some of the most important Parameters
--- TRADE PARAMS ---
- Only Current Symbol - TRUE: panel manage only current chart symbol orders, FALSE: panel manage all symbols orders
- Only Current Magic No. - TRUE: panel manage only orders with defined Magic Number, FALSE: panel manage all orders
- Magic Number - unique number for placed and managed orders
--- RISK ---
- Risk Reward Ratio - fixed or default Risk Reward Ratio. If you push „R:R” button on panel, than program will keep lines’ distance with selected ratio.
- Allowed Risk % - acceptable risk of single transaction according to account balance (allowed values from 0.1 to 100).
- Acceptable Risk Color - font color of risk % if it is smaller or equal than acceptable risk (set by AllowedRiskPercent param)
- Unacceptable Risk Color - font color of risk% if it is greater than than acceptable risk (set by AllowedRiskPercent param)
Vídeo


I have started trying out the Forex Trade Manager. I am still puzzled about the Market Order and Pending Order features. How do I get to select these functions? It always shows up either Buy or Sell in Market Order. I want to be able to choose between the two types of orders. Can some advise?


Risk With Commission: is it possible to add some feature where the lot size is calculated from the risk and but also includes the commission?

Best Trade manager i ever use. about 6 years in trading i have use some trade manager but not what i want. now this trade manager is the best i have use. Been using for 2-3 months now. Love it

This is a remarkable piece of Trade Manager EA, it is a piece of tool to prepare you for the trading with anticipated outcome of your setup. A beautiful GUI with intelligence AI, is just like a professional advisor sitting beside you telling you how to place a trade within your available equity. None other Money Management EA come close. Thank you to the developer for putting their heart to design this remarkable EA with trader focus whether for newbie or season trader. Though we pay for it but at a reasonable value. The developer is fast and responsive for all queries. I am very happy to own this EA, the only EA on my MT4 trading platform. Keep up the good work! Cheers for more pips flowing in....

Being new to mt4 i found the order interface cumbersome. Forex trade manager made it simple and 1000 times better. Being able to do trailing stops and a boat load of other commands makes this one of the best Trade managers at a value price.. there are some smucks on here trying to charge a ransome for their trade managers and the dont even come close....VALUE VALUE VALUE!!!

After 20 years of trading .. this is the best Trade Manager ever! Thanks



Great product. I like the floating Target, Entry and Stop line feature as I can time my entry without having to recalculate Risk. The best I have seen so far in on the Chart Risk Management. Yet to explore partial exits

I have been using a few Trade Management EAs over the years, so I am able to make a few comparisons. I have to say this one takes a leap far and beyond! It does what says on the tin without a glitch. It provides many options for a complete trade management. The interface is very intuitive and allows a quick interaction. Plus, last but not least, Janusz's support is prompt and he's available to the customers' requests, which is a must in a professional environment. Definitely money well spent! 🙂






Great tool and an even greater developer who responds quickly and takes his customers ideas/requests into consideration


Wie bei allen Indikatoren wo ich bei euch erworben habe......Daumen Hoch und 5 Sterne. Service von Janusz und Guard wie immer Grandios. Vielen Dank für die Super Betreuung!


Just bought this product, but been using its free trial to get hands on. This product is really a boon for manual traders. Nice visual interface with several additional features that are extremely helpful for manual traders. One thing i want to mention here is the support provided by Janusz, very customer friendly, always open for suggestions to improve the product's usability. Thanks for this wonderful product...




This tool is just mandatory if you want to have proper risk management !!!
Really easy to use.


Beautiful user interface. Very easy to use and set up. The most important thing for trading is to place the proper lot size with acceptable risk. This tool makes such work very simple to understand. Either new or professional traders should try this trade manager ea. The update will be coming and more interesting functions will be added. This EA developer makes his best work and it worths all the paid money.


Easiest TM I have used so far and very stable. When trailing options have been added will be hard to beat.


Been using this tool for a full week about 4 to 5 hours every day. Super simple to use and just perfect for scalpers like me that rely on fast execution. There has been no bugs or lags experienced while using this EA. Love it!



- improved display of text on buttons on high screen resolutions
- fixed problem of the panel hiding behind the char area with zoom greater than 100% and right alignment
- improved calculation formula for "Futures"
- drawing and clearing lines (open, stop and target) is on the one button
- trailing stop: activation parameter as % of distance to TP and parameter trailing as protection of % of earned profit.
- ability to disable button to open market orders when lines (open, stop and target) are drawn on the chart (pending orders only)
- ability to set max. lot size. If this size is exceeded, a warning message box will appear.
- display on the lines the amount value in the account currency of the stop and target without cents
- display stop and target as a % of the account balance or equity
- the third option for setting the distance of partial order closing and breakeven activation: Risk Reward (rr)
- break even offset as % of earned profit ("Profit" parameter)
- add comment field into the panel
- add option to place open line x pips below/over candle
- handling different order filling types (only MT5 version)
- improved partial closing algorithm to handle also trades without SL/TP
- improved calculation formula for "Futures" and optimized orders closing procedure
- added a button on the panel for manual closing a part of open orders
- added a button on the panel for manual moving Stop Loss to Break Even.
- bug fixes
- automatically hide lines after order fill (as an option default on);
- automatically minimize panel after order fill (as an option default off);
- possible set default distance of stop loss & take profit lines when drawing it on chart as fixed value in pips or a multiple of the ATR value. ATR parameters to set in Trade Manager settings window;
- moved "close" buttons set to the first tab to make all open and close buttons available without need to switch between tabs;
- new tab: config;
- moved Risk Reward Ratio parameter from settings window to config tab;
- moved Allowed Risk % from settings window to config tab;
- window reduction in a minimized state
- automatically adjust open price, stop loss and take profit to the nearest valid price. e.g. when price is quoted with 2 decimal points, but tick size is 0.25 (mainly for CFD)
- remembering state of panel when changing chart timeframe
Great value/price ratio! Really good and patient customer support :)