Trade Manager from AlgoForex

AlgoForex Trade Manager MT5 is an institutional-grade visual execution panel, risk calculator, and automated position management suite built for MetaTrader 5. Designed for intraday traders, scalpers, swing traders, and prop-firm challenge accounts, it unifies pre-trade planning, one-click execution, multi-stage protection, and portfolio risk controls in a high-DPI vector interface.

Key Advantages

• Clean Chart by Default: Starts with a clutter-free chart. Activate interactive visual trade planning lines on demand via the Lines or Draw Trade controls.
• TradingView-Style Position Box: Drag Entry, Stop Loss, and Take Profit lines directly on the chart with live shaded profit/risk zones, on-line lot/risk/R:R tags, and instant chart action pills (BUY/SELL, MKT/LIM/STP, TRADE).
• Draw Trade & OHLC Magnet: Click and drag directly on the chart from Entry to Stop Loss to construct a full Risk:Reward setup automatically, with optional candle OHLC magnet snapping.
• No DLLs / 100% Native MQL5: Zero external libraries, zero WebRequests, and full Strategy Tester compatibility.

1. Execution & Position Sizing Engine

• 10 Risk Calculation Modes: Risk % of Balance, Risk % of Equity, Risk % of Free Margin, Risk % of Custom Capital, Fixed Money ($), Fixed Lot, Margin %, Risk per Pip, Equity-to-Balance Adaptive, and Kelly-Lite Fractional.
• Broker-Accurate Cost Accounting: Automatically includes Spread, Commission (Auto-detect or Manual $/Lot), and Swap in lot sizing and BreakEven calculations.
• All Order Types: Market (Buy/Sell), Limit, Stop, and Stop-Limit with optional pre-trade Risk Confirmation drawer.
• Bid/Ask Ghost Line & Bar-Extreme Stops: Displays the spread-adjusted execution price and supports automatic High/Low bar-based SL/TP placement.

2. 2-Stage BreakEven+, 10-Mode Trailing & 10-Level Partial Close

• 2-Stage BreakEven+: Trigger at Points, R:R ratio, or % of TP, with optional auto-offset covering Spread + Commission + Swap.
• 10 Trailing Stop Algorithms: Classic Points, ATR Volatility, Candle High/Low, Parabolic SAR, Moving Average, Fractals, Chandelier Exit, R:R Step Ladder, % of Profit Peak, and Time-Decay Tightening.
• 10-Level Partial Close (TP1–TP10 & SL1–SL10): Scale out at Points, Exact Price, R:R ratio, or % change with Dynamic trailing partial triggers.

3. Stealth Virtual Engine & OCO Orders

• Virtual Stop Loss & Take Profit: Keep stops hidden from broker order books and execute locally on Ask, Bid, Mid, or Candle Close prices.
• Virtual Pending Orders & Trailing Pending: Trigger pending entries stealthily or trail Limit/Stop entry orders behind price.
• OCO (One-Cancels-Other): Link pending setups into OCO groups so when one fills, sibling orders cancel automatically.

4. Basket Manager & Position Control

• One-Click Bulk Actions: Close All, Close Profitable, Close Losing, Close Buys, Close Sells, Delete Pending Orders, or Quick Partial Close (25% / 50% / 75%).
• Basket Profit & Loss Targets: Automatically flatten all managed positions when total basket floating P&L reaches your Money ($) or Percentage (%) target.
• On-Chart Position Overlays: Manage individual live trades directly from chart rows (BE, 50%, Reverse, Close, Context Drawer).

5. Prop Firm Shield & Native News Guard

• Prop Firm Compliance Guard: Enforces Daily Drawdown %, Max Peak Drawdown %, Daily Profit Target %, Max Simultaneous Trades, and Max Aggregate Portfolio Risk % with configurable daily rollover hour.
• Native MQL5 Economic Calendar Filter: Uses MetaTrader 5's built-in Economic Calendar (no external URLs required) to warn, block new entries, move to BreakEven, or close positions before High/Medium impact news.

6. Productivity, Scaling & Multi-Language UI

• 3 Panel Modes: Full PRO workstation, COMPACT execution bar, and MICRO scalper dock, plus 1-click minimize pill showing live floating P&L.
• Live UI Zoom (100% – 200%): Crisp vector interface with header zoom toggle (100% / 125% / 150% / 175% / 200%) and Dark/Light themes.
• Multi-Chart Sync, Scheduled Tasks & Price Alerts: Synchronize trade lines across timeframes, schedule timed order actions, save custom user presets, export CSV trade journals, and switch between English, Russian, and Uzbek interfaces.

How to Start

1. Attach AlgoForex Trade Manager MT5 to any symbol chart and enable Algo Trading in MetaTrader 5.
2. Select your Risk Mode and Risk %/$, then click Lines or Draw Trade to plan visually on the chart—or execute directly with BUY / SELL.
3. Configure automated protection in the Protect tab (BreakEven+, Trailing, Partial Close, Virtual SL/TP) and set account limits in the Guard tab.