STP TradeManager for the STPatterns Strategy

5

The STP Trade Manager is a utility tailored to the ST Patterns strategy by Vladimir Poltoratskiy (www.stpatterns.com)
While specifically made for this strategy, it can also be used for other trade management. Especially when you have a need for quickly making trades and risk management.

It is a huge time saver and helps in quickly drawing the different ST Patterns corridors.
People familiar with the ST Patterns strategy will recognize and above all; appreciate the functions of this EA.

This trade manager will help you to quickly place limit or market orders, taken from the Fibo corridors as per the ST Patterns strategy.

Some features are:

  • You can put two different Fibo's on the chart and place them on the fractals. Then the EA will calculate instantly the required levels for SL, TP and BE, and on top of that; the required lot-size for the risk you have entered.
  • The Fibo will change color when your corridor is too big/small. SO instant notification. No more manual measuring if the corridor meets the requirements. (Also on HTF's like the H1)
  • You can drag the Fibo's around and the levels are instantly recalculated.
  • The EA can place limit or market orders.
  • This EA will monitor you open trades and move the SL to break-even when price hits the Turnaround/BE-trigger level.
  • With one trade open,for example; a BUY, and price reaching the BE-level and then a second corridor for a SELL develops, the EA will close the BUY order once the SELL Limit order placement is triggered.
    So one trade cancels the other.
  • The EA can auto close an open trade at a preset time before a news event.
    (Like in the strategy: 1 or 3 hrs before the news)
    For this feature you need a free news indicator in your MT4/indicator folder. That can be downloaded here: https://bit.ly/STP-indicators
  • The EA can close all trades at the end of your trading day, at the time you have set in the box on the chart.
  • Ability to manual close open or pending trades from the chart itself.
  • Measurement line tool, for quickly getting the pip/point distance between two fractals.
  • For trading on the higher TF's like the H1, the EA has the needed ADR/2 levels auto-calculated. It even shows the appropriate value for a specific day in the past.
    There is no more need for the ST Patterns ADR/2 indicator
  • Lot size can either be fixed or percentage based. The percentage risk has the advantage that even when moving the Fibo-levels around, the set risk for the order will always be the same.
  • Ability to set a custom account balance value. So that a different value then your MT4 account balance is taken as base for the risk percentage. e.g set 1% of 5000 USD, instead of using 1% of your actual balance of 10000 USD.

The YouTube video will go over the features and different settings for the EA

Look at the link below for detailed explanation of the functions and settings:
https://www.mql5.com/en/blogs/post/748768

Write the author a PM for a free, one month fully working demo. (The free demo from mql5 might only work in the strategy tester)

Recensioni 2
Myumyun Selimov
33
Myumyun Selimov 2025.09.10 18:13 
 

Dear, can you help me , when I press Fibo 0 or Fibo 1 , nothing is apearing on my chart . looks like buttons are not working , I thicked DLL 's , but still nothing ?

Ok - it is working , I need it to add the files mentioned on product page :D Thanks !

smfayyaz
124
smfayyaz 2024.06.06 05:13 
 

Excellent, Big time Time Saver and working for ST Pattern with Accuracy.

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MT4 Professional Copy Trading System (Edizione MT4) Copiador di trading LOCAL ultra veloce e di livello industriale, progettato per trader professionisti, fornitori di segnali e gestione multi-account. Architettura LOCAL industriale Funziona nello stesso ambiente Windows (stesso PC / stessa Windows VPS), con bassa latenza, alta stabilità e operatività 24/7. Master / Slave / Self + Cross Copy (MT4 ↔ MT5) Supporta modalità Master, Slave e Self-Copier. MT4→MT4, MT4→MT5, MT5→MT4, MT5→MT5. Import
Smart Channel M4
Vahidreza Heidar Gholami
The trend in the market can be predicted using trend lines but the problem is you don’t know where exactly the price is going to touch the trend line where you can put your pending orders on. Smart Channel Expert Advisor makes it possible to put an advanced channel around the price data, which can be configured to handle placing orders, opening and closing positions, managing risk per trade, spread, slippage, and trailing stop-loss and take-profit automatically. Features Money Management (Calcul
Il Local Trade Copier EA è una soluzione per i singoli trader o account manager che devono eseguire segnali commerciali da fonti esterne o che devono gestire più account contemporaneamente, senza la necessità di un account MAM o PAMM. Copia da un massimo di 8 account master su account slave illimitati [ Guida all'installazione | Guida all'aggiornamento | Risoluzione dei problemi | Domande frequenti | Tutti i prodotti ] 100% self-hosted Facile da installare e utilizzare Nessun programma di insta
Trade Copier Global
Laszlo Tormasi
5 (15)
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Several
MultiOrder Assistent V3.0   - Your professional trading assistant for MetaTrader 4 The  MultiOrder Manager  is a powerful trading tool designed to optimize your trading while managing risk efficiently. With intuitive features and a user-friendly interface, this Tool is ideal for traders who want to manage multiple orders simultaneously without losing track.   Symbols: FX pairs, gold and cryptocurrencies Here you get a detailed description of the parameters and functions Manual     Features and
Length Movement
Pavel Verveyko
5 (1)
Measures the length of the selected movement in points, shows the duration of the movement, as well as the speed of movement.   Outputs the average value of each dimension. It is designed to calculate the expected target based on typical market movements. The intended goal will provide information about the ratio of the stop size to the possible profit and will allow you not to open positions with a small expected profit. It will also help you determine the point at which it is more logical to c
Ultimate MT4 to Telegram (UMT) sends controlled trades (via symbol, magic, comment) to your telegram channel. It sends open and closed trades, including pending orders and TP/SL modifications, along with chart screenshots, to any telegram channel. Additionally, you can send trade reports of open trades and summary profit/pip reports for day, week, or month. You can customize the design of the trade actions or reports with variables and emoticons.  A beautiful panel allows you to visualize all t
Altri dall’autore
Wave Cycle Counter
Eric Evert Ouweneel
Wave and Cycle counter to give an immediate indication how far the ongoing trend has progressed. Low numbers: trend has just started, ride the trend. Higher numbers: trend is 'older', watch for reversals This indicator is 100% compatible with the fantastic TopDog trading strategy. (I will NOT give any details about this Top Dog strategy) The trend direction is determined by a SMA value (or any other MA) you can set. Waves and cycles numbers and letters are derived from a SlowStoch setting. Wave
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Myumyun Selimov
33
Myumyun Selimov 2025.09.10 18:13 
 

Dear, can you help me , when I press Fibo 0 or Fibo 1 , nothing is apearing on my chart . looks like buttons are not working , I thicked DLL 's , but still nothing ?

Ok - it is working , I need it to add the files mentioned on product page :D Thanks !

smfayyaz
124
smfayyaz 2024.06.06 05:13 
 

Excellent, Big time Time Saver and working for ST Pattern with Accuracy.

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