PFX Trade Manager
- Utilitaires
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Daniel Freeman
I'm Dan, a UK trader, a disabled veteran, and the builder behind PrecisionFX.
My mission is simple: help people get started in trading without paying a penny. - Version: 2.67
Coming soon: short GIFs showing how to use every part of this manager. I am working on them - please bear with me, they are on the list right after "put the kettle on".
Trade manually, manage automatically. Break even, trailing stops, partial closes and an equity guard - all from one clean panel. Free - no DLL, no internet, no subscription.
A ton of work has gone into this to make it the best I can make it, and it is free - not a trial, not a lite version - and it always will be. I am still developing it, so expect regular updates. Spotted a bug, or want something added? Reach out in the Comments and I will get it done.
You place the trade. PFX Trade Manager looks after it: it moves your stop to break even, trails it, banks profit in stages and can close everything at a profit target or loss limit - while you get on with your analysis.
PLACE TRADES FAST
- Buy / Sell at market with live prices, stop and target in price or pips
- Lot size by fixed lots, cash risk, % of balance or % of equity - with the risk shown live in % and money, red when it is over your limit
- Drag an order block on the chart: entry, stop and target lines you move into place, market or pending, with an R:R lock
- Pending orders that trail price, pullback entries, OCO pairs, and hotkeys (Shift + a letter)
MANAGE EVERY TRADE
- Break even - plain, plus four levels that lock more profit as the trade runs
- Trailing stop - basic, four levels, swing high/low, moving average, Parabolic SAR, ATR, or follow the partials up
- Four partial profits and four partial loss cuts, in lots or %
- Distances in pips, % of the target, multiples of the first stop (R), or an exact price
- Give naked trades a stop and target automatically - including trades placed from your phone
- Virtual (hidden) stop and target the broker never sees
- Settings for all trades, or pick a trade and give it its own - then push the current settings onto every open trade in one click
EQUITY GUARD
A profit target and a loss limit across all your tracked trades - in money, % or an equity level. When one is reached it closes everything (and your pending orders if you want), keeps trying until it is flat, and stays latched until you re-arm it.
A CLEAN PANEL
- Four tabs - Trade, Manage, Equity, Config - in the same design as the rest of the PFX range
- Drag it anywhere by its header - it remembers where you left it
- Live P&L, open trades and spread at a glance; Close All asks once when several trades are open
- Each managed trade drawn on the chart with its stop, target and levels - click one to manage it
- Alerts for opens, closes, pending orders placed, activated and deleted - pop-up, push or email
GOOD TO KNOW
- Works on any symbol and timeframe. One Trade Manager per chart.
- Virtual stops only protect while MetaTrader is running with the EA attached.
- It manages your manual trades by default - set the magic filter to manage an EA's trades too.
MORE FREE TOOLS FROM ME
- PFX Equity Shield - an account-wide guardian for prop-firm rules.
- PFX Trade Copier - copy trades between MT5 terminals on the same PC.
- PFX SLM + PFX SLM EA - structure and liquidity: change of character, fair value gap, return, close.
- PFX RGM, PFX Triple and PFX TrendGrid - on their way.
I am a disabled veteran and a retail trader. I build the tools I could not afford when I started, and I give them away. If one earns its place and you fancy sending a coffee back, there is a link on precisionfx.io. It unlocks nothing - the tool is the same either way.
