NextGen Trade Manager AI – User Manual

Welcome, traders! This guide will help you master the NextGen Trade Manager AI, your all-in-one solution for faster, smarter, and safer trading on MetaTrader 4. Whether you're a beginner or a seasoned pro, this tool is designed to streamline your execution, supercharge your risk management, and bring unwavering discipline to your trading.

https://www.mql5.com/en/blogs/post/764217 

Why every trader should use this:

• It removes repetitive tasks and reduces emotional errors.

• It lets you manage risk consistently.

• It speeds up your decisions so you don’t miss key setups.

👉 Download the FREE DEMO and start testing in the Strategy Tester to practice safely.

Risk-based lot sizing:

💡 Risk-based lot sizing is one of the most important habits every trader should develop. By calculating your lot size according to account balance, risk in dollars, or percentage, you avoid over-leveraging and protect your equity from unnecessary drawdowns. The NextGen Trade Manager AI makes this process automatic, so you can focus on trading decisions while the tool ensures your risk stays consistent.

The lot calculation follows a strict priority: first Risk % → then Risk $ → and finally Lot Size.

Break-even and trailing stop are two of the most effective tools to secure profits and protect against sudden reversals. Moving your stop to break-even removes the risk once the trade is in your favor, while trailing stop helps lock in profits as the market continues in your direction. With the NextGen Trade Manager AI, both functions can be activated with a single click — giving you discipline and peace of mind on every trade.

In fast markets, every second counts. One-click execution allows you to enter trades instantly without fumbling through multiple steps in MetaTrader. With the NextGen Trade Manager AI, your entry comes preloaded with Stop Loss, Take Profit, Trailing Stop, and Break-Even — everything you need for safe and disciplined trading, all in one click.

Emotions are one of the biggest challenges for traders — fear, greed, and hesitation often lead to bad decisions. The NextGen Trade Manager AI removes these emotions by automating your Stop Loss, Take Profit, Trailing Stop, and Break-Even. With your rules executed instantly and consistently, you stay disciplined and focused on strategy instead of stress.

Markets are never static — volatility changes all the time. That’s why using ATR (Average True Range) for Stop Loss and Take Profit is so powerful. Instead of fixed levels in point or pip, the NextGen Trade Manager AI adjusts SL and TP dynamically to match current conditions, giving trades more room to breathe while keeping risk under control. This method is especially recommended for highly volatile instruments like crypto, indices, gold, and oil, where fixed stops often get hit too early. ATR adapts to the market’s movement, making it the most reliable way to manage risk on fast-moving symbols.

Use inputs = true for ATR, inputs = false for fixed points.

The NextGen Trade Manager AI is built for both beginners and experienced traders. New traders can use it in paper trading to practice discipline, risk control, and trade execution without financial pressure. To make this even easier, we’ve set up the FREE demo so it works directly in the Strategy Tester — no payment required. That’s my special gift to beginners who want to learn the right habits from day one.

To the picture above: 

Experience the full power of the NextGen Trade Manager AI for FREE in the Strategy Tester.

This demo is fully functional and available to everyone — no purchase required.

Watch as we slow down the tester to show key features.

In tester mode, you cannot click buttons directly. Instead, use edit fields for trading commands.

To execute actions, enter ‘1’ in any field and press Enter.

For example, entering ‘1’ in the Buy field opens a trade with Stop Loss and Take Profit.

Here, Break-Even and Partial Close are active.

The manager automatically moves Stop Loss to breakeven and closes 50% of the position.

As the trade progresses, the trailing stop activates, protecting profit.

The trade closes automatically when the Take Profit level is reached.

Test all features risk-free and master the tool before going live.

Hone your trading skills on historical charts with the free demo — perfect for practicing strategies and building confidence in real-market scenarios, without any financial risk.

Trading should be about making decisions, not wasting time with endless clicks. The NextGen Trade Manager AI saves you valuable seconds by automating entries, exits, and adjustments. Less clicking means more focus on the chart — and yes, it even makes trading more enjoyable when the workflow is smooth and efficient.

Multi-Symbol Trade Management

Take full control of your trades with 4 flexible management modes! 

Choose exactly how you want the Trade Manager to handle your positions:

🔹 Current Symbol (TM Trades Only)

• Safest option! Manages only trades opened by the manager on the current chart symbol.

🔹 Current Symbol (All Trades)

• Manages ALL trades (manual + TM) on the current symbol – perfect for mixed strategies.

🔹 All Symbols (TM Trades Only)

• Controls trades opened by the manager across ALL symbols – ideal for multi-currency strategies.

🔹 All Symbols (All Trades) 

• Full power mode! Manages every trade on every symbol (Use with ATR!).

✅ Perfect for all trading styles – from single-pair focus to complex multi-instrument portfolios.
✅ No more switching charts to manage trades – everything is controlled from one panel!

Unique Settings Storage System

Never lose your perfect setup again! ⚙️ Your custom panel configuration is automatically saved exactly how you like it!

Choose from 3 smart storage modes:

🔹 Fresh Start Mode
Always loads the input parameters.

🔹 Save Settings Per Symbol (Recommended)
Your risk parameters, lot size, and preferences are automatically saved individually for each symbol.

🔹 Save Same Settings Globally
Apply identical settings across all symbols and charts for consistent trading.

✅ Changes made directly on the chart panel are instantly stored.
✅ No more manual setup when switching symbols.
✅ Your workspace always remembers your preferred configuration.

🔥 Exclusive Feature: This automatic per-symbol memory system is NOT found in other trade managers!

I will prepared a STARTER-PACK email with set-files!

Once you've obtained the TM, request your STARTER-PACK (manual) to receive additional resources including helpful links, set-files, and more. I’m here to ensure your success in using the tools effectively!

To get it, simply send an email to currencystrength28@gmail.com or leave a comment here, and I’ll provide your manual right away.

Best regards, Bernhard

Visit www.CurrencyStrength28.com for more information.

🛠️ Upcoming Improvements for the NextGen Trade Manager AI

Great news, traders! We’ve just found a solution to make the Strategy Tester mode fully functional for the display. Our team will begin programming this shortly, and the feature will be available in the next update.

But that’s just the beginning — more functions will be added over time to make the Trade Manager even more powerful and convenient.

💡 We also welcome suggestions from our clients. If you have ideas for useful improvements, let us know — and if they make sense, we’ll work on including them in future updates.

Stay tuned — the NextGen journey has only just begun!

Smart Risk Management & Lot Calculation

Trade with confidence! Our advanced risk system automatically calculates your position size based on your preferred risk method.

Choose your risk approach:

⚖️ Fixed Lots: Use a predetermined lot size (e.g., 0.10 lots)

💰 Money Risk: Risk a specific dollar amount per trade (e.g., $50) - Overrides Fixed Lots

📊 Percentage Risk: Risk a percentage of your account balance per trade (e.g., 1%) - Overrides Money Risk

Key Feature: The system automatically adjusts your lot size based on your Stop Loss distance!

• Wider Stop Loss = Smaller Position Size

• Tighter Stop Loss = Larger Position Size

This means you always risk the exact amount you specify, whether using $ or % risk – regardless of where you place your SL!

✅ Fully automatic calculations
✅ Eliminates manual math errors
✅ Works with both fixed SL points and dynamic ATR-based stops

ATR-Based Stop Loss & Take Profit

Adapt to changing market conditions with dynamic, volatility-based risk management! Our ATR system automatically adjusts your Stop Loss and Take Profit levels based on real market volatility.

Choose Your Mode:

🔹 Fixed Points Mode: Set SL/TP in fixed points (1 pip = 10 points)
🔹 ATR Mode: Let the system calculate optimal levels based on current volatility

ATR Parameters Explained:

• ATR Period: Lookback period for volatility calculation (default: 14)

• ATR Timeframe: Use current chart or higher timeframes for smoother values

• SL Multiplier: How many ATR units for Stop Loss (e.g., 2.0 = 2x ATR)

• TP Multiplier: How many ATR units for Take Profit

Key Advantages:
✅ Automatically adapts to different symbol volatilities (perfect for multi-symbol trading!)
✅ Wider stops in volatile markets, tighter stops in calm conditions
✅ Eliminates guesswork in setting appropriate risk levels

✨ Bonus Feature: When using "Save Settings Per Symbol" mode, your ATR preferences are automatically remembered for each symbol! Your changes made directly on the chart panel are preserved and restored when you switch between charts.

Break-Even Automation

Never give back profits again! Our Break-Even feature automatically moves your stop loss to entry price once trade reaches predefined profit - protecting your capital from reversals.

How It Works:
✅ Activate/Deactivate: Toggle Break-Even functionality on/off
✅ Trigger Condition: Set profit threshold in points OR use ATR-based dynamic adjustment
✅ ATR Adaptation: Option to use volatility-based triggering (perfect for changing market conditions!)

Input Parameters Explained:

• Use Break Even: Enable/disable the entire BE function

• BE Trigger Points: Fixed profit points required before moving SL to breakeven (e.g., 150 points)

• Use ATR for BE: Switch to volatility-based triggering instead of fixed points

• ATR BE Multiplier: Dynamic trigger calculation (e.g., 1.0 = 1x ATR value)

Why Traders Love This:
📊 Eliminates emotional decisions - automation executes precisely according to plan
⏱️ Saves time - no manual monitoring and order modifications
📈 Adapts to market conditions - ATR mode adjusts to current volatility
💡 Works with partial closes - maintains protection even after taking partial profits

Common Trader Habit Solved:
Most traders manually move their SL to breakeven - but often too early, too late, or forget entirely. Our automation handles this perfectly every time, following your predefined rules without emotion or hesitation.

Smart Trailing Stop Feature

Lock in profits and let your winners run! Our advanced trailing stop automatically adjusts your stop loss as the price moves in your favor - maximizing gains while protecting your capital.

How It Works:
✅ Activate/Deactivate: Toggle trailing stop functionality on/off
✅ Trailing Distance: Set distance in points OR use ATR-based dynamic adjustment
✅ Step Adjustment: Control how frequently the stop loss updates (avoids excessive adjustments)
✅ ATR Adaptation: Volatility-based trailing for optimal market adaptation

Input Parameters Explained:

• Use Trailing: Enable/disable the entire trailing function

• Trail Distance Points: Fixed distance from current price (e.g., 200 points)

• Use ATR for Trail: Switch to volatility-based trailing instead of fixed points

• ATR Trail Multiplier: Dynamic distance calculation (e.g., 1.5 = 1.5x ATR value)

• Trail Step Points: Minimum price movement required to adjust stop (e.g., 10 points)

Why ATR Mode is Essential for Multi-Symbol Trading:

🌍 Universal Adaptation: Automatically adjusts to different symbol volatilities - perfect for trading Forex, Crypto, Indices, and Gold simultaneously!

📊 Volatility-Responsive: Wider trails in volatile markets (like BTC), tighter trails in calm conditions (like major FX pairs)

⚡ Eliminates Guesswork: No need to calculate different trailing distances for each symbol

Pro Trader Advantage:
The ATR-based trailing automatically customizes itself for each symbol's unique volatility profile - whether you're trading steady EURUSD or volatile Bitcoin!

Partial Close Activation Modes

Important Clarification: While both Break-Even AND Trailing Stop can be active simultaneously, the Partial Close function can only be triggered by one activation method at a time - giving you precise control over your exit strategy!

How It Works:

⚡ Break-Even Mode: Partial close triggers when position reaches breakeven.
⚡ Trailing Stop Mode: Partial close triggers when trailing stop first activates.
⚡ Toggle Easily: Switch between modes directly on the panel with one click.

Key Advantages:

✅ Non-Destructive: Both BE and Trailing can run simultaneously - only the partial close activation is mutually exclusive.
✅ Strategic Flexibility: Choose which trigger mechanism suits your trading style.
✅ Visual Control: Real-time mode switching without opening settings menus.
✅ Risk Management: Prevent over-trading by using only one partial close trigger at a time.

Perfect For Traders Who Want:

• To secure profits at breakeven points.

• To capture gains when trends first show strength (trailing activation).

• Complete control over their partial exit strategy.

Your All-in-One Trading Solution

Why choose between multiple tools when you can have everything in one professional panel?

✅ Instant Execution – One-click trading & visual order planning.
✅ Smart Risk Management – Fixed lots, money risk, or percentage risk with auto-calculation.
✅ Advanced Protection – Break-even, trailing stop, and partial close in one system.
✅ Multi-Symbol Control – Manage single symbols or your entire portfolio safely.
✅ Unique Settings Memory – Automatic per-symbol configuration storage.

✨ Exclusive Features You Won’t Find Elsewhere:

• Settings saved individually per symbol

• Full Strategy Tester compatibility for risk-free practice

• Drag & Drop order planning with live feedback

Whether you're a beginner wanting discipline or a pro seeking efficiency – this tool adapts to YOU.