Trade Manager Breach Trading
- Experts
- Dev Dutt Choudhary
- Versione: 1.0
- Attivazioni: 5
Trade Manager MT5 — Professional Risk Management & Breach Trading Automation
The most complete trade management tool for MetaTrader 5. Place trades with precision, manage risk automatically, and automate the powerful Breach & Retest strategy — all from one compact panel on your chart.
Works on ALL instruments: Forex, Gold (XAUUSD), Bitcoin (BTCUSD), Indices (NAS100, US30, DAX), Stocks, and Commodities.
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ORDER TAB — Smart Trade Placement
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Place pending orders and market orders with complete visual control. No manual calculations needed — the EA does everything for you.
HOW IT WORKS:
Step 1: Click "Limit Order" or "Stop Order"
Three draggable horizontal lines instantly appear on your chart — Entry (blue), Stop Loss (red), and Take Profit (green). Lines are placed at the center of your visible chart with clear spacing.
Step 2: Drag lines to your desired price levels
As you drag each line, values update in REAL TIME directly on the chart:
- Pip distance from entry to SL and TP
- Dollar amount at risk and potential profit
- Risk-to-Reward ratio (R:R)
- Lot size recalculates automatically when SL distance changes
Step 3: Set your Risk %
Type your risk percentage (e.g., 1%) and the EA instantly calculates the correct position size based on your account balance, risk percentage, and stop loss distance. The lot updates without pressing Enter — completely automatic.
Step 4: Click PLACE
One click and your pending order is sent to the broker with the exact entry, SL, and TP from your lines. The EA auto-detects the correct order type:
- Entry below price + SL below entry = Buy Limit
- Entry above price + SL above entry = Sell Limit
- Entry above price + SL below entry = Buy Stop
- Entry below price + SL above entry = Sell Stop
INSTANT MARKET ORDERS:
BUY and SELL buttons show live Ask/Bid prices updating every tick. Click to execute an instant market order using the lot size from the panel.
ONE-CLICK CLOSE:
- Close All — close every open position
- Close Profit — close only winning trades
- Close Loss — close only losing trades
- Close Buy / Close Sell — close by direction
- Delete Pending — remove all pending orders
POSITION SIZE CALCULATOR:
The built-in calculator works for every instrument type. Enter your risk percentage and the EA handles the math — correct pip value calculation for 5-digit forex, 3-digit JPY pairs, 2-digit gold/crypto, and indices. Never risk more than you intend.
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BREACH TAB — Break & Retest Strategy
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Automate the most powerful price action/Any strategy used by professional traders. The Breach & Retest (Break and Retest) strategy identifies key support and resistance levels, waits for a breakout, then enters on the pullback retest — automatically.
HOW THE STRATEGY WORKS:
The concept is simple but executing it manually requires constant screen watching. This EA does it for you:
1. A key price level (support or resistance) is identified
2. Price breaks through that level (the "breach")
3. Price returns to retest the broken level
4. A trade is placed in the direction of the original breakout
5. Stop loss is set at recent swing high/low
6. Take profit is set at your chosen R:R ratio
7. When price reaches your BE level, SL moves to entry — risk free trade
HOW TO USE:
Step 1: Place your levels
Click the four buttons to add lines on your chart:
- Breach Level (gold) — the key support/resistance level
- Entry Level (blue) — where the trade triggers on retest
- TP Level (green) — your take profit target
- BE Level (orange) — when price reaches here, SL moves to break even
Step 2: Configure settings
- Risk % — percentage of balance to risk per trade
- Offset — pips past breach level to confirm the breakout
- SL Candles — number of candles used to calculate stop loss (from recent high/low)
- Timeframe — which timeframe candles to use for SL calculation (M1 to D1)
- TP R:R — take profit as ratio of SL distance (e.g., 4.0 means TP = 4x SL)
- BE Move — R:R ratio at which SL moves to break even (e.g., 1.5)
Step 3: Click ARMED
The system begins monitoring. It watches for price to reach your breach level.
Step 4: Automatic execution
- Price hits Breach level → status shows "BREACHED"
- Price returns to Entry level → trade places INSTANTLY
- SL calculated from last N candle highs/lows on your chosen timeframe
- TP set from your TP line or calculated from R:R ratio
- When price hits BE level → SL moves to entry automatically
IMPORTANT RULE:
Price must hit the BREACH level FIRST, then return to the ENTRY level. If price hits Entry before Breach, nothing happens. This ensures you only enter on a genuine breakout retest — not a random touch.
TRADE DIRECTION:
- TP above Entry = BUY trade
- TP below Entry = SELL trade
The EA determines direction automatically from your line positions.
LIVE CHART LABELS:
Every line shows its label directly on the chart — "BREACH", "ENTRY", "TP", "MOVE BE". Labels move with lines when dragged. Entry label shows R:R ratio and dollar risk in real time.
TIMEFRAME PERSISTENCE:
Switch from M5 to H1 to D1 — your breach levels and settings are saved and restored automatically. Lines survive timeframe changes.
AUTO SL LINE:
When armed, a red dashed "AUTO SL" line appears showing the calculated stop loss from recent candle highs/lows. This updates live so you always see where your SL will be placed.
AFTER TRADE CLOSES:
When the trade hits TP or SL, all lines are automatically removed from the chart and the system disarms. Clean chart, no leftover objects.
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AUTO TAB — Fully Automatic Breach Trading
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Take the Breach & Retest strategy to the next level with fully automatic execution. Set your parameters, place your initial levels, click START, and the EA trades on its own — including setting up the next trade after each close.
ADDITIONAL AUTO FEATURES:
- Risk Increase % — automatically increase risk on each trade (e.g., 25% increase per trade)
- First Trade Direction — choose BUY or SELL for the first trade
- Alternate / Same Direction — flip direction each trade or keep same
- Stop at Profit $ — stop trading after reaching a profit target
- Stop at Loss $ — stop trading after reaching a loss limit
- Max Trades — stop after a set number of trades
After each trade closes, the EA automatically:
- Sets the previous entry as the new breach level
- Calculates new entry, TP, BE, and SL levels
- Draws new lines on chart
- Monitors for the next breach and retest
- Increases risk if configured
- Continues until stop conditions are met
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SUPPORTED INSTRUMENTS
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Automatically adapts pip value and lot calculation for:
- Forex pairs (EURUSD, GBPUSD, USDJPY, AUDUSD...)
- Gold (XAUUSD)
- Crypto (BTCUSD, ETHUSD)
- Indices (NAS100, US30, DAX, FTSE)
- Stocks and Commodities
- Any instrument your broker offers
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REQUIREMENTS
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- MetaTrader 5 (any broker)
- Hedging or Netting account
- All timeframes supported
- No DLL required
- No external dependencies
- Algo Trading must be enabled
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WHO IS THIS FOR?
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- Manual traders who want precise risk management
- Price action traders using break and retest strategies
- Scalpers needing fast order placement
- Swing traders managing multiple price levels
- Any trader who wants to know exact dollar risk before entering a trade
Note: Past performance does not guarantee future results. Always test on a demo account first. This tool assists with trade management — trading decisions and results are the user's responsibility.
