PEN Trade Manager MT5

PEN Trade Manager is a professional trading, position management, and risk control tool designed for MetaTrader 5.
Its main purpose is simple: help traders plan a trade visually, calculate risk accurately, execute orders quickly, and manage open positions from one clean interface.
At the center of PEN Trade Manager is the PEN system — a visual trading tool that allows you to place and adjust your Entry, Stop Loss, and Take Profit directly on the chart. Instead of calculating levels manually, simply move the PEN and the EA automatically updates risk, position size, and Risk/Reward information in real time.
Multiple PENs can be created at the same time, allowing you to prepare several independent trading scenarios before entering the market.

Pen Trade Manager MQL5 public Group: https://www.mql5.com/en/messages/032d4c5f8955dd01

Visual Trade Planning

Create a PEN directly on the chart and visually adjust:
  • Entry Price
  • Stop Loss
  •  Take Profit
  •  Risk/Reward
  • Trade Direction
  •  Position Size
PEN automatically detects whether your planned entry should be executed as a Market, Buy Limit, Buy Stop, Sell Limit, or Sell Stop order.
This makes it possible to move from trade analysis to execution without repeatedly entering prices manually.

Advanced Risk Management

PEN Trade Manager provides several position-sizing methods:
  • Fixed Lot
  • Risk % of Equity
  •  Fixed Cash Risk
Position size is calculated using the actual Entry and Stop Loss levels and the trading specifications of the selected symbol.
The Risk Lock system adds another layer of protection by controlling the maximum allowed trading risk. When additional exposure is added, the EA can recalculate risk and help keep the position within the configured risk limit.
This risk management system can also monitor trades opened outside the EA.

External Trade Management

Trades do not have to be opened directly through PEN Trade Manager.

The EA can detect and manage positions opened from:

  • MetaTrader 5 Mobile
  • MetaTrader Web Terminal
  • Another MT5 terminal
  • Manual trading
  • Other external sources
This allows PEN Trade Manager to remain active on your main MT5 terminal or VPS while you continue trading from another device.

Pending Order Management

PEN can also be used to prepare and place pending orders directly from the chart.

Supported order types include:

  • Buy Limit
  •  Buy Stop
  • Sell Limit
  • Sell Stop
Break Even and Trailing Stop settings can be prepared before the pending order is triggered. Once the pending order becomes a position, its protection settings can automatically continue with the new trade.

Position Management

PEN Trade Manager includes dedicated tools for managing individual positions.

You can configure:

  •  Break Even
  •  Trailing Stop
  •  TP1 / TP2 / TP3
  •  Partial Close by percentage
  • Partial Close by volume
  •  Profit Target in account currency
  •  Profit Target by percentage
Each position can have its own independent management settings, allowing multiple trades on the same symbol to use different strategies.

Fast Trade Management

Frequently used actions are available directly from the main trading panel, including:
  • Buy / Sell
  • Move Stop Loss to Break Even
  • Close 50%
  • Close All
  • Close Profitable Positions
  •  Close Losing Positions
  • Delete Pending Orders

These tools are designed to reduce repetitive manual operations when managing several positions.

Multi-Symbol Management

PEN Trade Manager is not limited to the chart where the EA is attached.
The Manager and Protect systems can monitor positions across multiple symbols, allowing a single instance of the EA to manage trades from different markets.
It can be used with Forex, Gold, Indices, Commodities, Crypto and other instruments supported by your broker.

Designed for Practical Trading

PEN Trade Manager combines visual trade planning with automated risk and position management.
Whether you trade directly from your desktop, prepare pending orders in advance, or open positions from your phone while the EA runs on a VPS, PEN Trade Manager is designed to keep your trading workflow organized and your risk under control.
Plan the trade. Execute with precision. Manage the position. Protect the risk.


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Trade Copier est un utilitaire professionnel conçu pour copier et synchroniser les commandesentre les comptes de trading. Les commandes sont copiées du compte/terminal du fournisseur vers le compte/terminal du destinataire, qui sont installés sur le même ordinateur ou vps. Avant d'acheter, vous pouvez tester la version démo sur un compte démo. Version démo ici . Instructions complètes ici . Principales fonctionnalités et avantages: Prend en charge la copie des commandes MT5> MT5, MT4> MT5, MT5>
Grid Manual MT5
Alfiya Fazylova
4.73 (22)
Utilitaires
Grid Manual est un panneau de trading permettant de travailler avec une grille d'ordres. L'utilitaire est universel, possède des paramètres flexibles et une interface intuitive. Il fonctionne avec une grille d'ordres non seulement dans le sens des pertes, mais aussi dans le sens de l'augmentation des profits. Le commerçant n'a pas besoin de créer et de maintenir une grille d'ordres, l'utilitaire le fera. Il suffit d'ouvrir une ordre et "Grid Manual" créera automatiquement une grille de ordres po
The Patch
Mian Rameez Ali
Utilitaires
The Patch It never opens a trade. It walks behind the ones that did. Every open position, every pending order — checked twice a second for the one thing that's easy to forget: a stop, a target. Found bare, it doesn't ask. It writes the missing number in, measured in points from wherever the position began, and moves on to the next. No strategy, no opinion on direction. Just the quiet assumption that nothing should ever sit on the market unprotected — not because someone decided it shouldn't,
Seconds Chart MT5
Boris Sedov
4.61 (18)
Utilitaires
Seconds Chart - un outil unique pour créer des graphiques en secondes dans MetaTrader 5 . Grâce à Seconds Chart , vous pouvez créer un graphique avec une période définie en secondes, offrant une flexibilité et une précision idéales pour l'analyse, indisponibles sur les graphiques standards en minutes ou en heures. Par exemple, la période S15 indique un graphique avec des bougies d'une durée de 15 secondes. Vous pouvez utiliser n'importe quels indicateurs et experts advisors compatibles avec les
Telegram to MT5 Coppy
Sergey Batudayev
5 (10)
Utilitaires
Télégramme vers MT5 :   la solution ultime pour copier des signaux Simplifiez votre trading avec Telegram vers MT5, l'outil moderne qui copie les signaux de trading directement des canaux et chats Telegram vers votre plateforme MetaTrader 5, sans DLL. Cette solution puissante garantit une exécution précise des signaux, de nombreuses options de personnalisation, un gain de temps et une efficacité accrue. [ Instructions and DEMO ] Caractéristiques principales Intégration directe de l'API Telegram
EA Overfitter
Stephen J Martret
5 (1)
Utilitaires
That backtest looks great. But will it still be making money tomorrow, next week, next month? EA Overfitter re-runs your EA on 100 price histories it has never seen. One score tells you if the edge is real. A backtest tells you what an EA did on one price history — the one that happened to occur. What you cannot tell from it is how much of that result was the strategy and how much was the particular path. EA Overfitter answers that. It builds up to 100 synthetic price histories your EA has n
VirtualTradePad One Click Trading Panel
Vladislav Andruschenko
4.59 (74)
Utilitaires
Panneau de trading pour MetaTrader 5 — contrôle professionnel du trading en un clic depuis le graphique et le clavier Un panneau de trading avancé conçu pour les traders actifs, afin d’ouvrir, gérer et clôturer des positions bien plus rapidement qu’avec l’interface standard de MetaTrader. Cette solution s’adresse à ceux qui veulent contrôler positions, ordres en attente, profit global et exécution depuis un seul espace de travail professionnel. Il ne s’agit pas d’un simple utilitaire. C’est un
Anchor Trade Manager
Kalinskie Gilliam
5 (9)
Utilitaires
Your EAs cannot see each other, but Anchor can. Anchor gives you one place to coordinate your EAs, manage risk, and decide when trading is allowed. It works alongside the trading bots you already use without any changes to them. The Problem One EA opens a trade. Then another starts trading. The next thing you know, you wake up to multiple grids built across your account. Each EA may be doing exactly what it was designed to do, but together they can place far more risk on your account than you in
Trade Dashboard MT5
Fatemeh Ameri
4.94 (135)
Utilitaires
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
Floor Watch
Syed Tauqeer Hussain Shah
Utilitaires
Floor Watch One number, watched every thirty seconds: how far equity has fallen since the day began — or since its highest point, if it's told to trail the peak instead of the open. Cross the line and it doesn't argue. Every open position closes, every pending order vanishes, and anything that slips through afterward gets shut the moment it appears. Not asked. Removed. The floor holds until the clock turns 5 AM Pakistan time — then, and only then, does the day start over. One rule. No except
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