Exit Manager MT5

Close every trade at the right moment, automatically.

Most traders spend their energy on the entry and then close too early, too late, or on a feeling. Exit Manager takes the exit off your hands. Open a trade the way you always do, by hand or with any Expert Advisor, and Exit Manager watches it and closes it, fully or partly, when the indicator signal you chose appears.

You can see it working on the chart. A clean panel on your chart shows, for every open trade, which rule will close it next, how close that rule is right now, and why every earlier exit happened.

SET AND FORGET

• Attach Exit Manager to one chart. It manages trades on all symbols: forex, gold, indices, crypto.
• Manage all trades, only manual trades, or only the trades of one Expert Advisor (by Magic Number).
• No need to watch the screen: exits happen on your rules, also when you are away.

EIGHT EXIT RULES, ON ANY TIME FRAME

1. RSI crosses the overbought / oversold level
2. Fast MA crosses slow MA (SMA, EMA, SMMA, LWMA)
3. MACD crosses its signal line
4. Stochastic K/D cross in the extreme zone
5. Price touches the fast MA
6. Price touches the slow MA
7. Price closes through the fast MA
8. Price closes through the slow MA

Each rule closes in the direction that protects you: a BUY on the bearish signal, a SELL on the bullish one. Choose per rule how much to close (for example 50% on RSI, the rest on the MA cross), and whether price rules check at bar close or on every tick. By default each rule closes a trade only once, so you can build a clean exit plan in steps.

THE LIVE PANEL

• Open trades: lots left of the original, profit, the next rule to fire with a progress bar and its live value (for example RSI 64.2 / 70), and the stop loss status.
• Exit plan: click a trade to see what already closed, what it is waiting for, and the trailing stop.
• Exit log: every exit with the reason and the indicator values at that moment. The log is saved and still there after a restart.
• Rules: all rules in plain English. Switch a rule ON or OFF with one click on the chart.
• Compact and minimized views, so the panel never blocks your chart.
• Optional markers on the chart where an exit happened, plus pop-up alerts and push notifications to your phone.

PROTECTION

• Trailing stop with distance and step in pips.
• Adds a stop loss to trades that have none.

HOW TO START

1. Attach Exit Manager to any chart and allow algo trading.
2. Turn on the rules you want and set how much each one closes.
3. Open your trades as usual. The panel shows what will happen next.

Try the free demo in the Strategy Tester first: open a few trades in visual mode and watch the panel and the exits.

Questions or ideas? Send me a message. I reply quickly and I build many updates from buyers' suggestions.

Also available for MetaTrader 4: https://www.mql5.com/en/market/product/63232