AdvancedOrderManager

Advanced Order Manager is a professional order management tool for the MetaTrader 4 trading platform.

The Expert Advisor does not open trades independently but is designed for operational management of open positions and pending orders directly from the chart. The tool combines a convenient control panel with automatic position management functions, reducing the number of manual operations and minimizing emotional influence on trading decisions.

Key Features

📊 Order Management

• Flexible order filtering by Magic Number:

  • -1  — work with all orders on the account

  • 0  — only manual orders (without Magic Number)

  • specific value  — orders of a particular Expert Advisor or script

• Support for all order types: market and pending orders

• Work with orders placed both manually and automatically

🎯 Core Functions

1. Close all market orders with a single click

2. Close positions by result with visual indication:

   • Green button color — profitable positions

   • Red button color — losing positions

   • Orange button color — neutral result

3. Delete all pending orders with a single click

4. Automatic breakeven with flexible settings

5. Automatic closing upon reaching targets:

   • By account Equity value

   • By target profit

⚙️ Automatic Functions

• Auto-breakeven — automatic Stop Loss movement to breakeven zone

• Auto-close upon reaching set targets

• Control for missing Take Profit with visual warning

🎨 User Interface

• Customizable control panel directly on the chart

• Flexible positioning in any of the 4 chart corners

• Full customization:

  • Button sizes and positions

  • Color schemes

  • Font size

  • Button texts

🔊 Notifications

• Sound notifications for important events

• Visual warnings on the chart

• Detailed statistics in the comment window

How to Use

Installation and Setup

1. Install the Expert Advisor on any trading instrument chart

2. Enable automatic trading (click "AutoTrading" button in terminal)

3. Configure filtering parameters:

   • Select MagicNumber value to work with required orders

4. Configure targets and automation:

   • Set target values for Equity and profit

   • Enable and configure breakeven function

   • Configure sound notifications

5. Customize appearance:

   • Choose panel position on chart

   • Customize button colors and sizes

Using the Control Panel

The control panel provides three main buttons:

1. CLOSE ALL — complete closure of all orders:

   • Market positions closed at current price

   • Pending orders deleted

2. CLOSE MARKET — close only market positions:

   • Button changes color depending on result

   • Displays current profit/loss

3. DELETE PENDING — delete all pending orders

Input Parameters

📋 Group 1: Trading Parameters

• MagicNumber — order filter by magic number

• EquityTarget — target account Equity value

• ProfitTarget — target profit for open positions

🛡️ Group 2: Breakeven Settings

• EnableBreakeven — enable/disable automatic breakeven

• BreakevenAt — activation level (% of distance to TP)

• BreakevenPadding — breakeven padding in points

🎨 Group 3: Button Positioning

• Button_X_Offset — X-axis offset from chart edge

• Button_Y_Offset — Y-axis offset from chart edge

• AnchorCorner — anchor corner (0-top left, 1-top right, 2-bottom left, 3-bottom right)

📐 Group 4: Element Sizes

• Button_Width — button width

• Button_Height — button height

• Button_Gap — distance between buttons

• FontSize — font size

🔴 Group 5: "Close All" Button

• CloseAll_BgColor — background color

• CloseAll_TextColor — text color

• CloseAll_Text — button text

🟢 Group 6: "Close Market" Button

• CloseMarket_ProfitColor — color for profit

• CloseMarket_LossColor — color for loss

• CloseMarket_NeutralColor — neutral color

• CloseMarket_TextColor — text color

• CloseMarket_Text — button text

🔵 Group 7: "Delete Pending" Button

• DeletePending_BgColor — background color

• DeletePending_TextColor — text color

• DeletePending_Text — button text

🔊 Group 8: Sound Settings

• EnableSounds — enable/disable sounds

• AlertSound — sound for alerts (use built-in terminal sounds: alert.wav, tick.wav, etc.)

• CompleteSound — sound for operation completion

Advantages

⚡ Efficiency

• Instant order management without searching in terminal

• Automation of routine operations saves trader's time

• Minimization of errors in manual management

🧠 Psychological Comfort

• Elimination of emotional influence on decision-making

• Clear adherence to position management rules

• Stress reduction in volatile market conditions

🛡️ Safety

• Does not interfere with opening logic of trades

• Works in parallel with any trading strategies

• Full compatibility with all MT4 versions

🔧 Versatility

• Suitable for any trading strategies

• Works on all timeframes

• No additional libraries or files required

Technical Features

• Only one EX4 file — no additional files needed

• Secure code — no DLL calls or external dependencies

• Fully customizable interface through input parameters

• Optimized performance — minimal resource consumption

• Detailed logging of all operations in terminal journal

Usage Recommendations

1. Testing — test the Expert Advisor on a demo account before using with real funds

2. Gradual implementation — start with small volumes

3. Regular monitoring — monitor the work of automatic functions

4. Strategy adaptation — adjust parameters according to your trading system specifics

Important: The Expert Advisor does not guarantee profit and requires a responsible approach to risk management. All trading decisions are made independently by the trader.