Master Trade Manager and Lot Calculator

Master Trade Manager & Lot Calculator MT5 is an advanced, all-in-one trading utility designed for professional traders, prop firm participants, and manual or algorithmic scalpers. It combines accurate risk-based lot sizing, automated Stop Loss & Take Profit assignment, intelligent Breakeven protection, and a smooth Trailing Stop mechanism into a clean, user-friendly chart panel.

Whether you are trading XAUUSD (Gold) or major Forex currency pairs, this tool ensures precise risk management and flawless trade execution with a single click.

Key Features

  • Dynamic Risk-Based Lot Calculator: Automatically calculates the optimal lot size based on your account balance and customizable Risk Percentage (%) relative to your Stop Loss distance in points.

  • Instant SL & TP Protection: Automatically applies predefined Stop Loss and Take Profit levels to new market positions and pending orders instantly.

  • Smart Breakeven (BE): Automatically moves your Stop Loss to entry price (plus optional extra pips) once the trade reaches a specified profit threshold in points.

  • Advanced Trailing Stop: Secures your profits by trailing the Stop Loss dynamically behind the market price based on custom start, distance, and step parameters.

  • Magic Number Filtering: Exclusively manages and tracks trades associated with its unique built-in Magic Number, ensuring zero interference with your manual trades or other strategies.

  • Global "Close All" Button: Instantly close all active positions and delete pending orders with a single click right from the chart interface.

  • Multi-Pair & Custom Display Control: Can manage trades across all pairs or strictly on the current chart symbol. Fully customizable visual HUD/panel that can be positioned on any corner of the chart.

Input Parameters

  • allPair : Enable to manage trades across all symbols, or disable for the current chart symbol only.

  • stopLoss : Default Stop Loss in points.

  • takeProfit : Default Take Profit in points.

  • riskPercent : Account risk percentage per trade for lot calculation.

  • magicNumber : Unique magic number for strict trade identification and security.

  • enableBreakeven / beTrigger / bePipsPlus : Configure automated breakeven activation and pip buffer.

  • enableTrailing / trailStart / trailStop / trailStep : Configure trailing stop behavior.

  • showInfo / corner / fontColor : Fully customize the on-screen dashboard UI.

Why Choose Master Trade Manager?

  • Prop Firm Friendly: Built with strict risk parameters and isolated magic number tracking.

  • Time-Saving UI: Interactive edit boxes right on the chart allow you to change risk and SL on the fly without opening input dialogs.

  • Transparent Logging: Every trade modification, breakeven trigger, and order status is clearly recorded in the MT5 Journal with professional tool commentary.


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