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ManHedger MT5

4.8

THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT.

Manual & Test Version

Please DON'T BUY this product before testing or watching my video about it.

Contact me for user support & advices!

With this Expert Advisor, you can:

  • Implement your own Zone Recovery strategy to capitalize on trending markets.
  • Create Grid trading strategies, to profit from ranging markets.
  • Place orders easily and clearly.
  • Display your trades/strategies on the chart.
  • Display your Take Profits/Stop Losses as a percentage.
  • Display volume in monetary amount.
  • Use Trailing StopLoss and Riskreward ratios.
  • Manage your open trades & pending orders
  • Limit your Drawdown & Profits
  • Create Hedging Strategies
  • Open trades with partial takeprofits
  • Open trades with automatic breakeven

This tool has helped me solve many of my own problems, and now I'm trying to help others as well. It can function as both a trade manager and a trading bot at the same time.

The trading strategy I use this utility for is based on the following idea: Most people lose trading forex. Betting against the sentiment with grid strategies seemed to be a profitable strategy for me. Zone Recovery strategies excel at trending market conditions. This is a huge advantage, because predicting direction is much harder than predicting high volatility. Initialising Zone Recovery strategies before news events is another key element of my personal trading strategy.

My advice for using the product:
  • When interpreting zone recovery or grid strategies, it is advisable to set a risk much higher than the gain, with a recommended Risk-Reward ratio of at least 15:1.
  • When changing the gain or risk of a running strategy, it is not recommended to set a much higher gain or a much lower risk, as it may have negative effects on the well-calculated strategies.
  • I do not recommend running zone recovery and grid strategies at the same time on the same security.
  • Setting the EA for the same securities multiple times with the same magic numbers may result in unexpected errors. (The EA distinguishes other EAs with the help of symbols and magic numbers).
  • I do not recommend using the grid strategy with an Orderstep or Density set too high, as the starting order may be too small.
  • I recommend using the EA for securities which have the account currency as either the base or margin currency.
  • With price changing the size of a lot in your base currency may change, re-enter the volume if you are calculating in monetary amount.
  • Don't remove Expert/close chart/close MetaTrader, when a strategy is running.
  • If the Balance is 0 the Expert won't work.

I do not guarantee any profits or financial success using this EA.

If you encounter any issues or have any feedback, recommendations, or questions regarding the program, please do not hesitate to contact me. I am committed to addressing any concerns and fulfilling your requirements to ensure the best possible experience with the product.


I'm constantly trying to improve this product and new versions can be expected.

I hope I could be of assistance, and that you will find this utility useful.

#Tags: Grid Tool Manual Grid Grid Manual Hedge Tool Hedge Manual Manual Hedge Hedging tool Strategy Builder grid strategy creator hedge strategy trade manager order manager visual display order display trade management trailing stop trailing sl riskreward tool prop firm challenge prop challenge trade assistant order grid management grid trading equity protector protect equity risk manager risk tool drawdown protect drawdown limiter  close all sl breakeven partial takeprofit partial tp partial sl







Comentários 12
Tohir Dwi
29
Tohir Dwi 2024.06.27 15:51 
 

great project and tools, keep upgrade to be much better...

Jacques Van Echteld
218
Jacques Van Echteld 2024.03.17 10:31 
 

Very good and usefull ea!

Valentin Popa
556
Valentin Popa 2024.02.15 22:20 
 

Very good EA.

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Vu Trung Kien
4 (4)
Utilitários
Trade Copier Pro MT5 is a tool to copy trade remotely to multiple MT4, MT5 and cTradfer accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your 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 abl
Mentfx Mmanage mt5
Anton Jere Calmes
4.25 (8)
Utilitários
The added video will showcase all functionality, effectiveness, and uses of the trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool calculates al
MT5 To Interactivebrokers Trader
Shaoping Kuang
4 (3)
Utilitários
Features   With MT5 to Interactive Brokers(IB) Trader, you can: 1. Load chart data from IB to MT5, and Analyze with all standard or customer Indicators. 2. Place Orders to IB Account Directly in MT5. 3. Make your Own EAs upon IB Securities by only making minus changes of the trading function. Usage 1) Installation Copy the "Mt5ToIBTraderEn.ex4" and sample files to [MT5 Data Folder]->MQL5->Experts.  2)  MT5 Settings Add the IP Address to the MT5 Allowed URLs in 'Tools->Options->Expert Adviso
Autogrids
Guilherme Emiliao Ferreira
5 (3)
Utilitários
AUTOGRIDS MT5 Autogrids EA é uma ferramenta de automação de negociação de ponta, projetada para dar aos traders de Forex uma vantagem incomparável no mercado. Construída com base em uma poderosa estratégia quantitativa, ela analisa a distribuição de frequência da amplitude diárias de preços, aproveitando dados históricos para criar uma grade operacional altamente otimizada. Ao contrário dos sistemas convencionais de negociação em grade, o Autogrids EA modela estrategicamente as distribuições de
Live Forex Signals MT5
Denis Nikolaev
Utilitários
Live Forex Signals é projetado para negociação em sinais do site   https://live-forex-signals.com/en e https://foresignal.com/en . Live Forex Signal for MetaTrader 4   https://www.mql5.com/en/market/product/81445 Parâmetro Nome de usuário e senha se você tiver uma assinatura para sites live-forex-signals.com/foresignal.com. então você deve preencher esses parâmetros com suas credenciais; se não houver assinatura, deixe os campos em branco; Comment   Comentário sobre transações abertas Risk   r
Trading Chaos Expert
Gennadiy Stanilevych
5 (10)
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Não existe software igual no mundo e que represente um "console" universal de negociação informando sinais para operar, entrada automatizada do mercado, configurando o Stop Loss e o Take Profit, assim como o Trailling Profit para diversas negociações em apenas uma janela aberta. O controle intuitivo do Expert Advisor em "três cliques" garante um uso abrangente de todas as suas funções em diferentes computadores, incluindo tablets. Interagindo com indicadores de sinal adicionais que marcam o gráf
AMPyraGRID Anti Martingale Pyramid Grid
Davide Zunino
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This Expert Advisor waits a position to be opened, no matter if you open manually or with the EA buttons or eventually via mobile: it creates a Grid in Anti Martingale with pending stop orders in the same direction of the first position. You can specify the number of orders, the size and the distance between the orders. You can also adjust the Monetary Target of the Grid, the monetary Stop Loss, the Intermediate Target (when reached the EA insert an order with opposite direction of the total pos
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Trinh Dat
5 (1)
Utilitários
The program is use to copy trading from MT5 to MT4 and MT5 on local PC or copy  over the Internet .  Now you can easy copy trades to any where or share to friends. Only run one Flash Server on VPS, also need allow the apps if you turn on Windows Firewall. Can not add more than 20 account copier to server at same time,  include both  MT4 and MT5 Get free Copier EA  for MT4 and MT5 (only  receive signal), download here Instants copy, speed smaller 0.1 seconds, easy to setup How to setup and guide
Magic Keyboard MT5
Nabil Oukhouma
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With the Magic Keyboard (MT5 Manager), you can transform your keyboard into a powerful trading tool. This innovative feature allows you to easily buy, sell, and close trades and move your stop loss to breakeven by simply pressing specific keys on your keyboard. Additionally, the tool automatically adds Stop Loss and Take Profit levels to buy and sell orders, streamlining your trading process effortlessly. MT4 Version: https://www.mql5.com/en/market/product/133386?source=Site+Profile+Seller Key
StarseedFX Smart Trading Tool MT5
Mohamed Elsayed
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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
Strategy Builder plus Optimizer by RunwiseFX MT5
Runwise Limited
5 (1)
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Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-u
GRat Crypto
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4.5 (2)
Utilitários
Trade on crypto exchanges in MT5! GRat_Crypto is a tool for manual and automated trading , including ANY available EA, ANY  cryptocurrency  on most popular crypto exchanges in the familiar MT5 environment 24/7. Features 1. ALL instruments of the 9 most popular crypto exchanges are available: Binance, BingX, Bybit, Coinbase, CoinEx, Kraken,   KuCoin, MEXC and OKX . 2. The ability to place ANY type of order available in MT5, both market and pending, to modify orders and positions, to delete order
Reward Multiplier MT5
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With this free tool, you can easily visualize your trades on the chart, view take profit and stop loss values in points and percentages, and enter trades based on percentage of your account balance or specific amounts of money, among many other features. How does it work? Simply fill out the Start Price, TP (Take Profit), SL (Stop Loss), and Volume parameters, and click on the "Open Trade" button to immediately place the order/trade. The "Long" button allows you to select whether you want to Buy
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Peter Mueller
5 (1)
Utilitários
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! MT5 Version With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easily and clearly. Display your trades/strategies on the chart. Display your Take Profits/Stop Losses as
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Peter Mueller
5 (1)
Utilitários
Introducing the Zone Recovery EA, a powerful tool for traders who seek precise control over their Zone Recovery strategies. This manual version operates similarly to the Zone Recovery mode in ManHedger but some distinctive features – the Stop Loss (SL) cannot be modified during the strategy execution, and no pending orders are opened, when the StartPrice is reached. The only 2 input parameters are the leverage for the current symbol and a check of wether the Account allows hedging.  Zone Recover
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Peter Mueller
Indicadores
With this easy to set up indicator you can display and set alerts for the following candlestick formations: Bull Breakout, Bear Breakout, Hammer, Pin, Bullish Engulfing, Bearish Engulfing. I'd appreciate if you would review the indicator Input parameters: ShortArrowColor: The color of the Arrows, displaying a Bearish candle formation LongArrowColor: The color of the Arrows displaying a Bullish candle formation BullishEngulfing: Disabled/Enabled/EnabledwithAlert BearishEngulfing:   Disabled/Enab
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Filtro:
thori thoriq
122
thori thoriq 2024.07.28 07:24 
 

This EA have potential to make money, but still need updates to make more stable, need more option in hedge mode, sometimes we need sqeeze, and sometimes sqeeze becomes a problem, if this option is managed to off, in trade running will make more beneficial to trader, just my option, overall great tool to have for every trader. scalping or daytrading.

Peter Mueller
24393
Resposta do desenvolvedor Peter Mueller 2024.07.28 14:40
Thank you for your honest review! I can not find a good for all solution for the squeezing in hedge, I'm open for all recommendations
Tohir Dwi
29
Tohir Dwi 2024.06.27 15:51 
 

great project and tools, keep upgrade to be much better...

Peter Mueller
24393
Resposta do desenvolvedor Peter Mueller 2024.06.27 18:53
Thanks a lot for the review
Juan Carlos del Carmen
183
Juan Carlos del Carmen 2024.05.22 13:14 
 

It is an useful EA if you understand it properly and definitely I recommend as the same author recommended initially to me from the start to test ManHedger Trader in a demo account to at least get familiar and trained in the different modes available before trading a actual account with trading capital on it. Peter the autor has been very responsive, supportive and open to new suggestions from my side. What's more, I got plenty of support from the very beginning from him even with the demo Man Hedger Trader. So far, hedging was not used yet in my toolbox and I definitely recommend to use hedging in particular cases where for instance you already have loosing trades and your trading systeam has already failed in order to lock in the Equity Drawdown, free up trading margin in your account and mitigate tail risk.

Peter Mueller
24393
Resposta do desenvolvedor Peter Mueller 2024.05.22 13:15
Thanks a lot for the review
Jacques Van Echteld
218
Jacques Van Echteld 2024.03.17 10:31 
 

Very good and usefull ea!

Peter Mueller
24393
Resposta do desenvolvedor Peter Mueller 2024.03.17 23:10
Thanks for taking your time and writing a review, I appreciate it!
Valentin Popa
556
Valentin Popa 2024.02.15 22:20 
 

Very good EA.

Peter Mueller
24393
Resposta do desenvolvedor Peter Mueller 2024.02.16 10:34
Thank you very much for your review, it means a lot to me!
V2DAY
45
V2DAY 2023.12.07 22:03 
 

O usuário não deixou nenhum comentário para sua avaliação

Darko Licardo
1257
Darko Licardo 2023.11.20 11:06 
 

O usuário não deixou nenhum comentário para sua avaliação

Peter Mueller
24393
Resposta do desenvolvedor Peter Mueller 2023.11.20 11:18
Thank you very much for your review, means a lot to me!
Mustafa Nail Sertoglu
1079
Mustafa Nail Sertoglu 2023.09.19 16:48 
 

O usuário não deixou nenhum comentário para sua avaliação

Peter Mueller
24393
Resposta do desenvolvedor Peter Mueller 2023.09.19 16:52
You can contact me in PM anytime if you have any problems. I'd be happy to help you set the EA up, and help you resolve your problems.
Best regards,
Peter
Hezbon Ogwari Magajo
120
Hezbon Ogwari Magajo 2023.09.17 12:22 
 

O usuário não deixou nenhum comentário para sua avaliação

Peter Mueller
24393
Resposta do desenvolvedor Peter Mueller 2023.09.17 12:44
Thank you very much for the review :)
Grap the Trade
118
Grap the Trade 2023.08.08 13:56 
 

O usuário não deixou nenhum comentário para sua avaliação

Peter Mueller
24393
Resposta do desenvolvedor Peter Mueller 2023.08.08 15:08
Thank you very much!
Andre Schinkel
1722
Andre Schinkel 2023.08.08 08:01 
 

O usuário não deixou nenhum comentário para sua avaliação

Peter Mueller
24393
Resposta do desenvolvedor Peter Mueller 2023.08.08 11:39
Thank you for the review!
Duy Dong Dao
321
Duy Dong Dao 2023.08.07 16:06 
 

O usuário não deixou nenhum comentário para sua avaliação

Peter Mueller
24393
Resposta do desenvolvedor Peter Mueller 2023.08.08 00:17
Thanks for the review
Responder ao comentário
Versão 4.21 2024.05.24
Fixed some bugs, now all pending orders are deleted when trimming.
Versão 4.20 2024.05.23
Added settings button to hedge mode. Traders can now delete tickets from the hedging batch and set the squeezing range used for the squeezing procedure in the hedging strategy.
Versão 4.16 2024.05.21
Fixed a bug: it was possible to change the gain/lot or the takeprofit to an invalid value while the Hedge strategy was running.
Versão 4.15 2024.05.17
Removed debugging messages
Versão 4.14 2024.05.16
Fixed a bug added in the last version
Versão 4.13 2024.05.16
Fixed a bug when stopping hedging strategy
Versão 4.12 2024.05.15
fixed a bug with scaling
Versão 4.11 2024.05.07
Fixed a bug when dragging Hedge TP while strategy is running: now Takeprofit can be changed not only using the textbox, but by dragging the TP level.
Versão 4.1 2024.05.04
Fixed some bugs, minor changes
Versão 4.0 2024.05.02
Hedge mode added, now another strategy is available for users (check out the new manual to better understand it). Added the opportunity to add partial takeprofits and automatic breakeven. Grid strategy can be now initialised by the starting volume instead of the volume cap (volume cap is still possible). The VolumeStep/OrderStep of the grid strategy now van be additive instead of multiplication.
Versão 3.72 2024.03.16
Fixed another bug.
Versão 3.71 2024.03.15
Fixed some bugs about scaling. Minor changes
Versão 3.7 2024.03.10
Updated the Scaling it should work now on all monitors with every kind of resolution
Versão 3.6 2024.01.05
Fixed an error: opening new trades with Long/Short Grid strategy after sell limit is reached
Versão 3.5 2023.12.20
Improved the behaviour of the dialog on each tick, when dialog and Trading/Strategy Box has to be synchronized.
Versão 3.4 2023.12.15
fixed some bugs
Versão 3.3 2023.12.14
Bad version added last time, no changes made
Versão 3.2 2023.12.14
Fixed a bug about trading hours and sessions.
Versão 3.1 2023.12.11
Fixed some bugs
Versão 3.0 2023.12.05
new Mode added: Manager. Here you can close trades and delete orders based on your selected properties with one click. You can also move SL of these trades to break even. You can also add a maximal drawdown of the currently open trades, so the EA can now work as an equity protector. It is possible to do the same with the profits e.g you can set the monetary amount of losses and profits in money or in the percentage of your balance, both of which when exceeded all trades will be closed out. The Trade Mode has been reworked: You can now set your volume based on your preferred risk or gain on the trade, calculate mode has been removed becouse of this. Zone Recovery mode: Added an information box in the upleft corner, where you can see the theoretical maximal count of orders of a given zone recovery hedging strategy.
Versão 2.4 2023.11.16
Minor changes
Versão 2.3 2023.11.14
New input parameter: Hard StopLoss Points, if you want to secure your strategie's trades, you can enter a value, so it'll protect each trade with a StopLoss. Whenever you display running Grid strategies (or all information about the Grid is filled out) you'll see now the StopLoss and the TakeProfit Level on the chart. You can now add comment to your trades in Trade mode.
Versão 2.2 2023.11.03
Fixed some bugs, capitalization when writing ask or bid now does not matter.
Versão 2.1 2023.11.02
Minor changes
Versão 2.0 2023.10.30
Added Trailing Stop and Risk Reward ratio, fixed minor issue with Grid Long only and Short only Strategies, whenever Running with Ask/Bid Price, added 2 input parameters: Grid Comment and Zone Recovery Comment, these Comments will be used when placing orders/opening trades with a custom strategy of the user.
Versão 1.9 2023.10.13
Updated the name (AdvantEdge -> ManHedger), and the name of MartinGaleMagicnumber to ZoneRecoveryMagicnumber. Fixed a minor bug
Versão 1.8 2023.10.03
Implemented a proactive order execution mechanism(Stop and Limit orders will be made instead of price reaching the level -> opening a trade), allowing users to visualize trade volumes before reaching the target level—a valuable enhancement for strategic planning. Upgraded the parameter naming to enhance clarity, transitioning from 'Vol' to 'MaxVol' in strategies. Additionally, resolved any bugs associated with the accurate display of Zone Recovery strategies on the chart. Introduced an intelligent file-saving mechanism that incorporates the account number. This ensures seamless transitions between accounts in the trading terminal without any interference with EA functionality.
Versão 1.6 2023.08.17
Fixed a bug in Grid mode: Keep Trading didn't work.
Versão 1.5 2023.08.15
Changed the "Martin Gale" mode to "Zone Recovery" mode.
Versão 1.4 2023.08.11
Fixed the Dialog minimizing, when changing charts or restarting Metatrader.
Versão 1.3 2023.08.07
New feature: Status Quo. Now when running Martin Gale and Grid strategies you no longer have to choose between "Keep Trading" and "Stop at Close", but there is a third option: Status Quo, which will keep your strategy running, but the Startprice won't change, the strategy will be exactly the same as it was for the first time.
Versão 1.2 2023.08.03
Fixed some bugs with lotsize of indices.
Versão 1.1 2023.08.01
Added 2 inputs: ShortColor and LongColor: You can now choose the colors to display strategies and trades.