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CheatcodeFX Trade Manager

CheatcodeFX Trade Manager


Your profit management companion. Especially perfect when you have a VPS or a dedicated machine setup. Apply it on the pairs that you care about and walk away. I personally applied it to the 28 main pairs that I often watch on a dedicated mini pc and do the trade execution on another device. With this supporting you in the background, trade with confidence know this will help move you to breakeven and take the best out of your trade.

CheatcodeFX Trade Managers works on any symbols.

You can't test this using Strategy Tester. Go to https://www.mql5.com/en/market/product/57115 for our demo.

Main features

  • algorithmically follow market conditions
  • moves SL to breakeven with the option to close partials
  • breakeven close partial by percentage or fixed lot size
  • trails market progression maximising returns
  • trailing in progressive Fractal/MA

Knowledge Levels

Level Category  Description
1  Fundamental
  • basic knowledge
  • no prior experience
2  Novice
  • has some experience
3  Intermediate
  • ability to apply knowledge
  • able to visualise market intentions
4  Advance
  • able to generate trade ideas
  • ability to articulate trading concepts
5  Expert
  • in depth understanding
  • consistent
  • high level of competency


Assumptions of User

  • level 3 understanding of market conditions
  • level 3 understanding of market structure
  • level 2-3 understanding of supply and demand, support and resistance
  • level 3-4 understanding of proper risk management

How to use CheatcodeFX@Trade Manager


Step 1: Load It Up, Adjust your parameters

    Step 2: Select Trail Type

      Step 3: Select Close Type

      Step 4: You are done


      Tips:

      • Have your VPS or dedicated pc push notification or orders to you via what ever meets your purpose.
      • This will let you know when an order is in breakeven and/or when an order Stop Loss trailed based on market conditions.

      Parameters Explained



      fractalTimeFrame
      • Time frame used for Moving Average strategy
      • This is only active when Trail Type is set to "Fractal"
      fractalGap
      • The min amount (in points) between the fractal value and Bid/Ask before a fractal is considered a valid value
      • SL will not move if the range is smaller than the min amount of points set here
      • This is allow market to move or potential spikes before it expands again
      • This is only active when Trail Type is set to "Fractal"
      maTimeFrame
      • Time frame used for Moving Average strategy
      • This is only active when Trail Type is set to "MA"
      maGap
      • The min amount (in points) between the MAvalue and Bid/Ask before a fractal is considered a valid value
      • SL will not move if the range is smaller than the min amount of points set here
      • This is allow market to move or potential spikes before it expands again
      • This is only active when Trail Type is set to "MA"
      closePartialPoint Amount of point from order open price in the profitable direction before triggering move to breakeven
      breakevenPoint
      Amount of point to move the SL above/below the order open price to cover for spread or commission
      Trail Type
      • FRACTAL
      • MA
      Close Type
      • Closure type for breakeven, values here will determine the amount to close out of the market when breakeven is triggered, bagging some profits.
        1. PERCENTAGE - Percentage of the size of the total order lot
        2. LOT - Fixed lot size
      Breakeven Close Partial %
      • If Close Type is set to PERCENTAGE, this value is used
      • Determine the percentage to close out when breakeven is triggered (0.01 = 1% , 1.00 = 100%)
      Breakeven Close Partial Lot
      • If Close Type is set to LOT, this value is used
      • Determin the lot size to close out when breakeven is triggered
      Breather Point
      • This value is to provide some room for the trail, it applies to any type of trail
      • For example:
        1. if valid trail value in the BUY direction is 1.12300 and the breather point is set to 100, this will move the SL To 1.12200 to allow for the padding
        2. if valid trail value in the SELL direction is 1.12300 and the breather point is set to 100, this will move the SL To 1.12400 to allow for the padding


      Caution

      • Please allow some time to do a self assessment based on the metrics above.
      • If you fall under the assumed group of trader, great. This will supplement your day to day trading.
      • If you DO NOT fall in that group, proceed with caution. Specifically if you don't have adequate understanding about risk management, proceed with caution.
      • This tool is to maximise your profits AFTER you've planned and executed your order


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      Vizzion is a fully automated scalping Expert Advisor that can be run successfully using GBPJPY currency pair at H1 timeframe. Very Important This Expert Advisor can not run with any EAs in the same account. As part of the money management plan, it calculates and monitors the Margin Level % and assumes that all open trades are created by it. If you want an Expert Advisor that trades in a daily basis, this EA is not for you because using this requires a patience to wait for a few days or weeks o
      이 제품의 구매자들이 또한 구매함
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      Evgeniy Kravchenko
      4.46 (181)
      거래당 위험 계산, 라인을 사용한 손쉬운 신규 주문, 부분 청산 기능을 통한 주문 관리, 7가지 유형의 트레일링 스탑 및 기타 유용한 기능을 제공합니다. 주의, 응용 프로그램은 전략 테스터에서 작동하지 않습니다. Manual, Description, Download demo 라인 기능       - 차트에 개시선, 손절매, 차익실현을 표시합니다. 이 기능을 사용하면 새로운 주문을 쉽게 하고 개봉 전에 추가 특성을 볼 수 있습니다. 위기 관리       -       위험 계산 기능은 설정된 위험과 손절매 주문의 크기를 고려하여 새 주문의 볼륨을 계산합니다. 이를 통해 손절매 크기를 설정하고 동시에 설정된 위험을 존중할 수 있습니다. 로트 계산 버튼 - 위험 계산을 활성화/비활성화합니다. 필요한 위험 값은 위험 필드에 0에서 100 사이의 백분율 또는 예금 통화로 설정됩니다. 설정 탭에서 위험 계산 옵션을 선택합니다. $ 통화, % 잔액, % 지분, % 자유 마진, % 사용
      가격이 순식간에 변할 수 있는 시장에서 주문은 가능한 한 간단해야 한다고 생각하십니까? Metatrader에서는 주문을 열 때마다 시작 가격, 손절매 및 이익실현 및 거래 규모를 입력하는 창을 열어야 합니다. 금융 시장 거래에서 자본 관리는 초기 예금을 유지하고 곱하기 위해 필수적입니다. 따라서 주문을 하고 싶을 때 얼마나 큰 거래를 열어야 하는지 궁금할 것입니다. 이 단일 거래에서 위험을 감수해야 하는 예치금의 비율은 얼마입니까? 이 거래에서 얼마나 많은 이익을 얻을 수 있으며 위험 대비 이익 비율은 얼마입니까? 거래 규모를 설정하기 전에 거래 규모가 어떻게 되어야 하는지에 대한 질문에 대한 답을 얻기 위해 필요한 계산을 수행합니다. 이 모든 작업을 자동으로 수행하는 도구가 있다고 상상해 보십시오. 차트를 열고 시장 분석을 하고 진입점, 방어점(손절매) 및 목표(이익 실현)를 수평선으로 표시하고 마지막에 위험 수준을 정의합니다. 이 거래에서 감당할 수 있는 가용 자본의 %로, 이
      The product will copy all telegram signal to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal, s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to
      -25% discount ($199 -> $149) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget trading
      The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
      당신이 멤버인 어떤 채널에서든(비공개 및 제한된 채널 포함) 신호를 직접 MT4로 복사하세요.  이 도구는 사용자를 고려하여 설계되었으며 거래를 관리하고 모니터하는 데 필요한 많은 기능을 제공합니다. 이 제품은 사용하기 쉽고 시각적으로 매력적인 그래픽 인터페이스로 제공됩니다. 설정을 사용자 정의하고 제품을 몇 분 안에 사용하십시오! 사용자 가이드 + 데모  | MT5 버전 | Discord 버전 데모를 시도하려면 사용자 가이드로 이동하십시오. Telegram To MT5 수신기는 전략 테스터에서 작동하지 않습니다! Telegram To MT4 특징 한 번에 여러 채널에서 신호를 복사합니다. 비공개 및 제한된 채널에서 신호를 복사합니다. Bot 토큰이나 채팅 ID가 필요하지 않습니다(필요한 경우 계속 사용할 수 있음). 위험 % 또는 고정된 로트를 사용하여 거래합니다. 특정 심볼을 제외합니다. 모든 신호를 복사할지 복사할 신호를 사용자 정의할지 선택합니다. 모든 신호를 인식하
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      Anton Jere Calmes
      5 (16)
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      Vu Trung Kien
      4.6 (15)
      Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
      The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
      MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
      RedFox Copier Pro
      Rui Manh Tien
      4.75 (12)
      FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
      ADAM for FTMO 40
      Vyacheslav Izvarin
      ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 Signal using ADAM  https://www.mql5.com/en/signals/2190554 --------------------------------------------------------------
      Ultimate Trailing Stop EA
      BLAKE STEVEN RODGER
      4.33 (15)
      This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
      Custom Ultimate Sniper Dashboard
      Hispraise Chinedum Abraham
      5 (2)
      이 맞춤형 Ultimate Sniper 대시보드는 원래 Ultimate Sniper 대시보드 지표에 대한 EA 업그레이드입니다. 최대 98개의 서로 다른 알고리즘과 함께 작동하여 작업하는 자산 클래스에 대한 추세의 진정한 특성을 포착합니다. 이는 몇 달 동안 대부분의 고객으로부터 받은 많은 제안과 조언에 대한 직접적인 응답입니다. 이 사용자 정의 버전은 완전히 사용자 정의할 수 있습니다. 98개의 개별 맞춤형 알고리즘으로 구동됩니다. 매우 멋진 시각적 인터페이스로 모든 쌍 또는 기간에 대한 전체 시장 추세를 쉽고 자신 있게 따를 수 있습니다. 텔레그램에 실시간 알림을 보낼 수 있습니다. 거래 쌍에 따라 자신의 인덱스를 만들 수 있습니다. 휴대폰으로 실시간으로 알림을 보낼 수 있으므로 움직임이 설정되고 있음을 알기 위해 PC에 있을 필요가 없습니다. 입력 설정에서 8개의 인덱스를 설정할 수 있습니다. 알림을 받을 인덱스 및 기간을 설정할 수 있습니다. 인터넷 연결이 감지되지 않으면 경
      Unlimited Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal
      -25% discount ($149 -> $111) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extender or
      News Trader Pro
      Vu Trung Kien
      4.41 (17)
      News Trader Pro is a unique robot that allows you to trade the news by your predefined strategy. It loads every piece of news from several popular Forex websites. You can choose any news and preset the strategy to trade it, and then News Trader Pro will trade that news by selected strategy automatically when the news comes. News release gives opportunity to have pips since the price usually has big move at that time. Now, with this tool, trading news becomes easier, more flexible and more exciti
      Trade Assistant Pro 36 in 1
      Makarii Gubaydullin
      4.95 (20)
      다기능 도구: 로트 계산기, 가격 조치, R/R 비율, 무역 관리자, 공급 및 수요 영역을 포함한 65개 이상의 기능 데모 버전   |   사용자 매뉴얼   |   MT5 버전 이 유틸리티는 전략 테스터에서 작동하지 않습니다. 여기에서 데모 버전을 다운로드하여 제품을 테스트할 수 있습니다. Contact me   질문/개선 아이디어가 있는 경우/버그가 발견된 경우 저에게 연락 하십시오. 거래 프로세스를 간소화, 가속화 및 자동화하십시오. 이 대시보드로 표준 터미널 기능을 확장하십시오. 유틸리티는 외환, 주식, 지수, 암호화폐 등 모든 거래 수단에서 작동합니다. 1. 새로운 거래 열기 : 로트/리스크/RR 계산: 1. Lot 계산기 (리스크 규모에 따른 거래량 계산) 2. 리스크 계산기 (로트 규모에 따른 리스크 금액) 3. 위험/보상 비율(RR) 4. 주문에 대한 활성화 트리거 + StopLimit 구매 / StopLimit 판매 5. 가상 SL / TP 레벨 (숨겨진 SL
      FiboPlusWaves
      Sergey Malysh
      5 (1)
      FiboPlusWave Series products Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications).    Features: without delving into the Elliott wave theory, you can immediately open one of
      FTMO Sniper 4
      Vyacheslav Izvarin
      Dedicated for FTMO and other Prop Firms Challenges 2020-2023 Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Best results on GOLD and US100  Use any Time Frame Close all deals and Auto-trading  before  US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 -------------------
      The  Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. ESB has hundreds of modules to define unlimited possibilities of strategi
      MT4 to Discord
      Trinh Dat
      4.29 (7)
      The Expert Advisor will send notifications via Discord when orders are opened/modified/closed on your MetaTrader 4 account. - Send message and screenshot to Discord group/channel.  - Easy to customize message.  - Support custom message for all languages - Support full Emoji.  - Send report Daily, Weekly, Monthly ( must show all history of orders ) Parameters - Discord url Webhook - create webhook on your Discord channel. - Magic number filter - default all, or input magic number to notify with
      News Trapper EA
      Noha Mohamed Fathy Younes Badr
      5 (6)
      Hi, all.  News trapper EA It is an expert for trading news very safe expert  put Settings interest rate only or high impact news for Automated Trading on the news of the economic calendar. It shows stable trading during last 10  years. EA doesn't use dangerous technologies like martingale, grid. The Expert is very simple to use. The program contains flexible settings In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools >Options > Expert Advisors. Che
      50% off. Original price: $375 Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download Demo here  (starting lot is fixed at 0.01) Guide + tips here MT5 version   here You only open the first order. When your t
      FX28 Trader
      Tsvetan Tsvetanov
      5 (1)
      FX28 Trader Dashboard 소개 - 귀하의 궁극적인 트레이드 매니저 FX28 Trader Dashboard는 외환 거래를 새로운 차원으로 끌어올릴 수 있는 포괄적이고 직관적인 트레이드 매니저로 귀하의 거래 경험의 전체 잠재력을 발휘합니다. 귀하가 경험이 풍부한 트레이더이든, 금융 여정을 시작한 지 얼마 안 된 초보자이든, 이 강력한 도구는 귀하의 거래 활동을 효율적으로 정리하고 의사 결정 과정을 향상시키기 위해 개발되었습니다. 주요 특징: 사용자 친화적 인터페이스: FX28 Trader Dashboard는 모든 수준의 트레이더에게 적합한 사용자 친화적 인터페이스를 자랑합니다. 다양한 기능과 도구를 쉽게 탐색하여 몇 번의 클릭으로 거래를 완전히 통제할 수 있습니다. 실시간 시장 데이터: 실시간 시장 데이터 피드를 통해 통화 쌍, 트렌드 및 시장 변동에 대한 최신 정보를 얻어 자신감 있게 거래를 실행하세요. 고급 트레이드 분석: FX28 Trader Dashboard를 사
      Trade Copier Agent는 여러 MetaTrader(4/5) 계정/터미널 간에 거래를 복사하도록 설계되었습니다. 이 도구를 사용하면 제공자(소스) 또는 수신자(대상) 역할을 할 수 있습니다. 모든 거래 행위는 지연 없이 제공자에서 수신자로 복사됩니다. 이 도구를 사용하면 0.5초 미만의 매우 빠른 복사 속도로 동일한 컴퓨터의 여러 MetaTrader 터미널 간에 거래를 복사할 수 있습니다. 무역 복사기 에이전트 설치 및 입력 가이드 복사를 시작하기 전이나 주문이 없을 때 공급자 계정의 설정을 적용하십시오! 주문이 있는 동안 모든 변경 사항은 수신자 계정에 영향을 미칩니다. 예: 공급자 계정이 구매 주문을 적용한 다음 구매를 비활성화하면 수신자 계정의 모든 구매 주문이 닫힙니다. EA에 대한 알림을 받으려면 URL(   http://autofxhub.com   ) MT4 터미널을 추가하십시오(스크린샷 참조). MT5 버전   https://www.mql5.com/en
      Click and Go Trade Manager
      Victor Christiaanse
      5 (11)
      Click and Go Trade Manager, the ultimate solution for seamless trading execution. With a simple click on the chart, you can effortlessly define your stop loss, entry price, and target levels. No more hassle of inputting values manually - it's made incredibly intuitive and easy. Embedded risk management is a key feature of our Trade Manager. We understand the importance of protecting your investments, which is why the Click and Go Trade Manager incorporates risk management. When placing orders,
      This Dashboard displays signals in grid view for the 28 major fx currency pairs. It is Mainly used for forex scalping in between 10 to 20 pips maximum and can be used on major trend market decisions. It Uses mainly Moving average and does not give false signal. All you need to note is the point in the grid where the signal occurs.  A beep sound is heard whenever there is a new signal and it will be displayedat the top of the chart.
      Riskless Pyramid
      Snapdragon Systems Ltd
      5 (1)
      Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
      What Exactly Is A Smart Trading Tool? Smart Trading Tool was developed for fast and comfortable trading of the financial markets especially for ORDER BLOCKS TRADERS . It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading Informa
      제작자의 제품 더 보기
      CheatcodeFX Trade Manager Demo This will only work on Demo Accounts for you to test. Your profit management companion. Especially perfect when you have a VPS or a dedicated machine setup. Apply it on the pairs that you care about and walk away. I personally applied it to the 28 main pairs that I often watch on a dedicated mini pc and do the trade execution on another device. With this supporting you in the background, trade with confidence know this will help move you to breakeven and take the
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