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Awesome Account Manager

The account manager has a set of functions necessary for trading, which take into account the results of the entire account in total, and not for each individual open position:

  1. Trailing stop loss.
  2. Take profit.
  3. Break-even on the amount of profit.
  4. Breakeven by time.
  5. Stop Loss

Typically, each of these options can be applied to each individual trade. As a result, the total profit on the account may continue to increase, and individual positions will be closed. This does not allow you to get the maximum profit and closes positions that are temporarily in the red, but in the future could also bring profit. In addition, the standard Stop Loss, Take Profit and Break Even Point are set in points, and in this Account Manager they are set in the account currency (dollars) or as a percentage of the starting value, which is much more convenient and clearer.

By and large, this utility is necessary for everyone who uses any trading system on the Metatrader. It can be reset, for example, every month - at the beginning of the month, in order to set the desired limits for the trading account in terms of profit and loss. For example, set Trailing Stop Loss - 10%, Take Profit - 10%. Then, if a monthly profit of 10% is reached, the program will close all positions and this month you can no longer trade, fixing this profit. If the Trailing Stop Loss is triggered, then trading will also be stopped, with the preliminary closing of all open positions. In this case, even if the number of profitable and unprofitable months is the same, you will still remain in profit, since the loss received when the Trailing Stop Loss is triggered will always be no more than 10%, and the profit when Take Profit is triggered will always be at least 10 %.

This version of Account Manager only closes open positions, but I also have an another version of the program that uses the DLL, which also disables the Auto-Trade of the terminal, which allows you to use this Account Manager even when using automatic programs that manage the opening and closing of trades.

Account Manager is linked to the current trading account and saves all settings even when changing the Timeframe, rebooting the Terminal or turning off the computer. You can install only one Account Manager per trading account. If you place it on a VPS server, then the control over the trading account will be carried out around the clock. Account information is checked every second.

Trailing Stop Loss is set as a percentage or in the account currency (for example, in dollars). The Reset button resets the value of the maximum drawdown. In this section:

  • Maximum Amount - the maximum amount of funds on the account, fixed after pressing the Reset button and the time of getting this value. Used to calculate Trailing Stop Loss.
  • Current Amount - the current value of the funds on the account and the current time.
  • Current Drawdown - the current value of the drawdown on the account - in the account currency and as a percentage.
  • Max Drawdown - the maximum drawdown on the trading account that occurred after pressing the Reset button, in the account currency and as a percentage. And the time when this value was reached.
  • DD to close - drawdown value at which all positions are closed. It can be set both in percentage and in currency. Counted from Maximum Amount. The manager remembers in what units the value was set - percentage or currency. The selected option is highlighted with a frame.
  • TSL ON/OFF - switch on/ switch off closing by TSL
  • Reset - reset value of Maximum Amount to the current Equity

Take Profit is set as a percentage or in the account currency (for example, in dollars). Calculated from the Initial value. In this section:

  • Initial Value - the initial value from which the following are calculated: current profit, maximum profit, profit to close, Break Even values by amount and time.  And the time when this value was fixed.
  • Current Profit - current profit for the entire account.
  • Max Profit - maximum profit from the moment of setting the initializing value in the account currency and as a percentage. The time of reaching the maximum profit value.
  • Profit to close - profit value at which all open positions are closed. It can be set both in percentage and in currency. Calculated from Initial Value. The manager remembers in what units the value was set - percentage or currency. The selected option is highlighted with a frame.
  • TP ON/OFF - switch on/switch off closing by TP
  • Fix Balance - a button, when clicked, the Initial Value is set equal to the current Account Balance value.
  • Fix Equity - a button, when clicked, the Initial Value is set equal to the current account Equity value.

Break Even by Value is set as a percentage or in the account currency (for example, in dollars). Calculated from the Initial value. In this section:

  • BE Trigger At - profit value at which BE is activated. Calculated from the Initial Value of the Take Profit section. It can be set both in percentage and in currency. The manager remembers in what units the value was set - percentage or currency. The selected option is highlighted with a frame.
  • BE Profit - profit value to be received when BE is triggered. Calculated from the Initial Value of the Take Profit section. It can be set both in percentage and in currency. The manager remembers in what units the value was set - percentage or currency. The selected option is highlighted with a frame.
  • BE ON/OFF - BE by value on/off button.

Break Even by Time fixes the minimum value of profit that should be on the account after the specified value of days, hours, minutes, seconds will be passed. This means that after the specified time has passed since the activation of this option, all positions on the account will be closed if the profit is less than the specified value in the account currency or as a percentage. For example, if you set the timer for 1 hour, then in an hour the manager will control that the profit on the account does not fall below the BE Profit value. If the profit is less, then all positions will be closed.

  • BE Trigger After - after what time after the activation of the option, profit control on the account will be activated. Specified in days, hours, minutes and seconds.
  • BE Profit - profit that should be on the account after the expiration of the BE Trigger After time to save open positions. 
  • BE ON/OFF - BE by time on/off button.

Stop Loss closes opened trades when Stop Loss value is reached. Counting from the Initial Value

  • Stop Loss - value of total loss by the account, when SL will be triggered (dollars and percents)
  • SL ON/OFF - switch on/switch off the Stop Loss

Input Parameters:

  1. Panel's colors - There are two panel color schemes: Black on white and White on black.
  2. Scale (%) - Scale. Set to anything other than 100% if a scale other than 100% is selected in Windows - Display Options.


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Presentamos el FX28 Trader Dashboard: Su Gestor de Operaciones Definitivo Desbloquee todo el potencial de su experiencia comercial con el FX28 Trader Dashboard, un gestor de operaciones integral e intuitivo diseñado para llevar su trading de Forex a nuevas alturas. Ya sea que sea un trader experimentado o esté comenzando su camino financiero, esta poderosa herramienta está diseñada para simplificar sus actividades comerciales y mejorar su proceso de toma de decisiones. Características clave: In
Trade Copier Agent está diseñado para copiar transacciones entre múltiples cuentas/terminales MetaTrader (4/5). Con esta herramienta, puede actuar como proveedor (fuente) o como receptor (destino). Todas las acciones comerciales se copiarán del proveedor al receptor sin demora. Esta herramienta le permite copiar transacciones entre múltiples terminales MetaTrader en la misma computadora con velocidades de copia ultrarrápidas de menos de 0,5 segundos. Guía de entradas e instalación de Trade Copi
This Dashboard displays signals in grid view for the 28 major fx currency pairs. It is Mainly used for forex scalping in between 10 to 20 pips maximum and can be used on major trend market decisions. It Uses mainly Moving average and does not give false signal. All you need to note is the point in the grid where the signal occurs.  A beep sound is heard whenever there is a new signal and it will be displayedat the top of the chart.
Riskless Pyramid
Snapdragon Systems Ltd
5 (1)
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
What Exactly Is A Smart Trading Tool? Smart Trading Tool was developed for fast and comfortable trading of the financial markets especially for ORDER BLOCKS TRADERS . It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading Informa
Chart Logic
D Armond Lee Speers
Chart Logic is here!  Chart automation for MT4: put your Ideas into Actions! Chart Logic is an EA for MT4 that lets you automate actions on your charts.  You define "conditions" and 'actions"; when all the conditions are true, then all the actions are triggered.  Conditions can refer to a wide range of observations, about account information, candle data, technical indicators, key levels, price, time, market data, trades and so on.  And actions can send alerts/notifications, open/close/modify t
Bots Builder Pro MT4
Andrey Barinov
5 (1)
This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Build
Telegram MT4 Signal Trader
Nguyen Van Anh
4.84 (77)
Telegram MT4 Signal Trader es un EA que le ayuda a intercambiar señales que se reciben a través de canales, grupos y chats de Telegram. Ni siquiera necesitas ser el propietario de los canales. Si puede leer los textos de la señal en su cuenta de Telegram, puede intercambiarlos todos. El EA necesita una herramienta gratuita increíble: la aplicación Telegram Reader que ayuda a leer textos de señales de canales, grupos y chats privados de Telegram a través de la API de Telegram. COMO INSTALA
Smart Channel M4
Vahidreza Heidar Gholami
The trend in the market can be predicted using trend lines but the problem is you don’t know where exactly the price is going to touch the trend line where you can put your pending orders on. Smart Channel Expert Advisor makes it possible to put an advanced channel around the price data, which can be configured to handle placing orders, opening and closing positions, managing risk per trade, spread, slippage, and trailing stop-loss and take-profit automatically. Features Money Management (Calcul
Trade Assistant Pro 36 in 1
Makarii Gubaydullin
4.95 (20)
Herramienta multifuncional con más de 65 funciones, incluidas: Calculadora de lotaje, Acción del precio, Calculo RR, Gestor de posiciones, Zonas de Oferta y Demanda Versión demo   |   Manual de usuario   |   MT5 La utilidad no funciona en el probador de estrategias: puede descargar la Versión Demo AQUÍ para probar el producto. Pongase en contacto conmigo para cualquier pregunta / ideas para mejorar / en caso de encontrar un problema Simplifica, acelera y automatiza su operativa de trading. Aume
Otros productos de este autor
MA and Momentum EA uses simple indicators for calculation - Moving Average and Momentum. Profit for 3 year is 757 869 %. There is no more than one trade open at a time. It is possible to enter on each buy / sell signal, closing the previous trade or wait for the open trade to be closed by SL, TP, TS or BE, so that later it will be possible to open the next trade. Input parameters: Entry Level (Points) - The level at which the buy and sell entry takes place. Magic Number - The unique number of t
It is a simple fully customizable trading panel. It allows you to perform the simple trading operations on a trading pair / symbol, on the chart where it was placed: Buy, Sell, Close trades. The parameters are set in the panel: Lot size, Stop loss in points, Take profit in points. Thus, the panel allows you to open / close positions as quickly as possible with preset parameters. The panel is fully customizable and can be multilingual. When the panel is resized, all elements are resized automatic
Equity charts
Mykhailo Krygin
Equity charts generator creates an offline chart that draws bars corresponding to the account Equity value. The TimeFrame of the Equity chart is the same as the TimeFrame of the chart where the indicator will be placed. Input Parameters: Offline Timeframe - You can select the timeframe in minutes of the generated chart. Use opened file for adding new bars (true/false) - If set to false, a new history file is always created and bars will start drawing from the moment the indicator is placed on t
The account manager has a set of functions necessary for trading, which take into account the results of the entire account in total, and not for each individual open position: Trailing stop loss. Take profit. Break-even on the amount of profit. Breakeven by time. Stop Loss Typically, each of these options can be applied to each individual trade. As a result, the total profit on the account may continue to increase, and individual positions will be closed. This does not allow you to get the maxi
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Versión 3.5 2024.04.18
Stop loss option corrected
Versión 3.4 2024.04.17
Improved position closing logic
Versión 3.3 2024.04.16
Improved position closing
Versión 3.0 2023.10.27
Stop Loss section is added.
Versión 2.0 2023.06.06
Added data processing by the OnTick function