VylTradeManager

📊 Vyl Trade Manager — Full Guide (MT5)

🎯 Short Description (Teaser)

Stop calculating lot sizes manually! Vyl Trade Manager is a professional trading panel for MetaTrader 5 that automates risk calculation, executes trades instantly, and gives you full control over your positions with one click. Trade like an institutional trader!

Ideal for:
- Traders who value their time and execution speed
- Beginners who want to manage risk correctly and avoid blowing their account
- Professionals who need precision and instant control over their positions

✨ Key Features

📈 Risk Management
- Automatic lot-size calculation based on % risk of balance
- On-the-fly risk adjustment with +/- buttons (0.1% to 100%), no need to reload the EA
- Color-coded risk indicator: green (safe), yellow (moderate), red (high)

⚡ Fast Trading
- BUY/SELL buttons with automatic SL and TP placement
- Close all positions in one click (Close All)
- Partial close (Close 50%) to lock in profit

🛡️ Position Management
- Breakeven — moves SL to entry price + a set offset
- Dynamically adjust planned SL/TP for new trades with +5/-5 buttons
- Real-time P/L monitoring with color indication

📊 Account Information
- Real-time balance and equity
- Current spread and number of open positions
- Total profit/loss across positions with magic number 12345

 🔧 Installation in MetaTrader 5

Step 1: Download
After purchase on MQL5 Market, you'll receive the file `VylTradeManager.ex5`.

Step 2: Install in the terminal
1. Open MetaTrader 5
2. Go to File → Open Data Folder (or press Ctrl+Shift+D)
3. Open the MQL5 → Experts folder
4. Copy `VylTradeManager.ex5` into this folder
5. Restart MetaTrader 5 (or press F5 in the Navigator window)

Step 3: Add to Chart
1. Open the chart you want (e.g., EURUSD)
2. In the Navigator window (Ctrl+N), find VylTradeManager under "Expert Advisors"
3. Drag it onto the chart
4. In the settings window that appears:
   - ✅ Enable "Allow live trading"
   - ✅ Make sure AutoTrading is also enabled in the terminal settings (Tools → Options → Expert Advisors)
5. Click OK

 ⚙️ Settings (Inputs)

On first launch you can configure the base settings (all input names are in English in the code):

Panel Settings
Risk Settings

💡 Important note on points: On MT5, for 5-digit quotes, 1 point = 0.1 pip. If you want a 50-pip Stop Loss, set `InpDefaultSL = 500`. For 4-digit quotes, 1 point = 1 pip.

 📖 User Guide

1. Position Size (Lot) Calculation

The panel automatically calculates the optimal lot size using: Balance × Risk % / (SL distance × point value).

Adjusting risk: press **+** (increase by 0.1%) or **-** (decrease by 0.1%). The Reset Risk button returns to the default value.

Color coding: 🟢 Green (0.1%–1.0%), 🟡 Yellow (1.1%–3.0%), 🔴 Red (3.1%+).

2. Opening Positions

Set your desired risk, SL, and TP, then press BUY or SELL. The position opens with the calculated lot size and your SL/TP automatically set.

3. Breakeven Function

Moves the Stop Loss of all open positions (magic number 12345) to the entry price + an offset (default: +5 points). Use it once a position is already in profit to remove risk from the trade.

4. Partial Close (Close 50%)

Closes exactly half the volume of all open positions — great for locking in part of the profit and reducing stress. You can then move the remainder to breakeven.

5. Close All Positions

Instantly closes all positions with magic number 12345 on the current instrument. Positions opened manually or by other EAs are not affected.

 ❓ Frequently Asked Questions (FAQ)

Q: Why aren't my trades opening?
A: Make sure that: 1) "AutoTrading" is enabled in the top MT5 toolbar. 2) "Allow live trading" is enabled in the EA's settings. 3) There's enough free margin in the account.

Q: How do I change the magic number?
A: In the current version, the magic number is fixed at 12345. This is by design, so the panel only manages its own positions.

Q: Why is the lot always the minimum (0.01)?
A: This happens when the risk is too small and the Stop Loss is too large. Check the formula: Risk ($) / (SL in points × point value) = lot.

Q: Does the panel work on a demo account?
A: Yes, the panel is fully functional on a demo account. We strongly recommend testing all the features on demo first before trading live.

 ⚠️ Disclaimer

Trading on financial markets (Forex, CFDs, futures) carries a high level of risk and can result in the loss of part or all of your capital. Vyl Trade Manager is a supporting tool and does not guarantee profit. Always test the product on a demo account. Past performance does not guarantee future results.

 🛡️ Safety & Technical Details

- Magic Number: The panel uses magic number 12345. It will only manage, modify, and close positions opened through this specific panel. Your manual trades and other EAs stay 100% untouched.
- Error protection: Built-in checks for minimum/maximum broker lot size and price normalization.
- Compatibility: Works on any instrument (Forex, Metals, Indices, Crypto) in MetaTrader 5.