Trade Manager NXFX MT5

Task Panel Nxfx Trade Manager

Task Panel Nxfx Trade Manager is a trading utility designed to simplify manual trading, position management, and risk control in MetaTrader 4 and MetaTrader 5.

The panel provides quick access to trading functions directly from the chart. Traders can place orders, configure Stop Loss and Take Profit levels, manage position sizes, and monitor open trades through a clear and convenient interface.

The tool is suitable for scalping, day trading, swing trading, and other manual trading approaches.  http://www.nxfx.ca

Main Features

1. One-Click Trading

  • Open Buy and Sell market orders directly from the panel.

  • Adjust trading volume before placing an order.

  • Manage trading operations without switching between multiple windows.

2. Pending Order Management

Supports four pending order types:

  • Buy Stop – Place a pending buy order above the current market price.

  • Sell Stop – Place a pending sell order below the current market price.

  • Buy Limit – Place a pending buy order below the current market price.

  • Sell Limit – Place a pending sell order above the current market price.

3. Stop Loss and Take Profit

  • Configure Stop Loss in pips.

  • Configure Take Profit in pips.

  • Adjust protection and target levels according to your trading plan.

4. Lot Size and Risk Management

Control trade volume using different position-sizing options:

  • Fixed lot size.

  • Risk percentage based on account balance.

  • Risk percentage based on account equity.

  • Risk management based on a specified cash amount.

These options help traders apply consistent risk settings to their trades.

5. Breakeven Management

The Move SL to BE function allows traders to move an open position's Stop Loss to its entry price.

6. Partial Position Closing

Use the Close 50% function to close half of an open position's volume while keeping the remaining portion active, subject to broker volume restrictions.

7. Close All Trades

Close open positions using a single panel button, reducing the need to manage each position individually.

8. Real-Time Trade Monitoring

The panel displays useful trading information, including:

  • Current profit.

  • Current loss.

  • Trading volume.

  • Selected risk settings.

  • Connection latency (ping).

  • Trade management messages.

9. Custom Trade Comments

Add a custom comment to orders for easier identification and organization.

10. Convenient Chart Interface

A compact trading panel provides direct access to essential trading functions while keeping the price chart visible.

Panel Settings and Parameters

  • SL (pips): Sets the Stop Loss distance in pips.

  • TP (pips): Sets the Take Profit distance in pips.

  • Lots: Defines the fixed trading volume.

  • Risk (%): Specifies the percentage used for risk-based position sizing.

  • None: Uses the selected lot size without risk-based calculation.

  • Cash Amount: Sets risk using a specified monetary amount.

  • Risk Balance: Calculates risk based on account balance.

  • Risk Equity: Calculates risk based on account equity.

  • Entry Price: Defines the requested price for pending orders.

  • Comment: Sets the trade comment.

  • Move SL to BE: Moves Stop Loss to the entry price.

  • Close 50%: Attempts to close half of an open position.

  • Close All: Closes open positions managed by the panel.

How to Use

  1. Install Task Panel Nxfx Trade Manager on your MetaTrader platform.

  2. Attach the tool to your preferred trading chart.

  3. Configure lot size, Stop Loss, Take Profit, and risk settings.

  4. Select Buy, Sell, or an available pending order type.

  5. Monitor and manage positions directly from the panel.

  6. Use the breakeven, partial-close, or close-all functions when needed.

Important Information

Task Panel Nxfx Trade Manager is a manual trading and position management utility. It does not generate trading signals or guarantee trading profits.

Trading operations depend on broker requirements, available margin, minimum lot size, volume step, and market conditions. Partial closing may be unavailable when the requested volume is below the broker's permitted minimum.

Always test the panel on a demo account before using it in live trading.

Task Panel Nxfx Trade Manager – Practical tools for manual trading and position management.

http://www.nxfx.ca
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Experts
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