CGE Trade Desk

Set & Forget Limit Order Desk for MT5

CGE Trade Desk is a chart-driven limit order EA built for prop firm traders who need to plan trades, manage risk, and protect their accounts from costly mistakes.

The EA combines visual trade setup, automatic position sizing, multi-take-profit splitting, and a full prop-firm protection layer into one workflow. Drag your entry, stop, and take-profit lines directly on the chart, then click PLACE — the EA handles lot calculation, expiry timing, and risk enforcement automatically. Every safety mechanism a serious trader needs is built in: equity-based daily loss caps, profit targets that close everything when hit, a permanent daily lockout, and a hard failsafe backstop.

Why CGE Trade Desk?

CGE Trade Desk gives traders a single panel to set up, size, and protect every trade without ever opening MT5's order ticket dialog.

Hover over any control on the panel for clear tool tips explaining exactly what it does.

• Visual Trade Setup
  Click BUY LIMIT or SELL LIMIT and three draggable lines appear on the chart: Entry, Stop Loss, and Take Profit. Drag them to your levels — labels update live with dollar risk, dollar reward, R-multiple, and lot size. When everything looks right, click PLACE. No order tickets, no number entry, no manual lot calculation.

• Automatic Position Sizing
  Set your risk as a percentage of balance or a fixed dollar amount. The EA calculates the exact lot size for the stop distance you've set from the symbol's tick value, tick size, and broker volume step, then floors the result to the nearest valid volume increment. Risk stays consistent across every trade regardless of stop distance.

• Multi-TP with Partial Closes
  Switch to MULTI mode to split a trade across three take-profit levels (default 50% / 30% / 20%). Drag each TP line independently — TP1, TP2, and TP3 can be placed anywhere on the chart, with R-multiples computed live in their labels. The broker manages each leg independently, so partial profits lock in automatically as price reaches each level.

• Auto Break-Even on TP1
  Optional safety upgrade for multi-TP trades. When enabled, the moment your TP1 leg closes and banks the first partial profit, the EA automatically moves the stop-loss on your remaining TP2 and TP3 positions to the entry price. The rest of the trade runs risk-free — worst case, you scratch at break-even. Best case, price continues to TP2 and TP3 for a full win. The move only fires once TP1 has genuinely filled and a surviving leg is at or above break-even, so it never races an in-flight stop-out. Toggle on or off with one click from the panel.

• Smart Expiry Selector
  Choose how long your pending order stays live from a single dropdown: Good Till Cancelled (no expiry — the order rests until it fills or you cancel it), EOD (auto-cancels at 20:00 broker server time), or Manual (type any HH:MM server time you like). The expiry button shows a live countdown of the time remaining and colors itself amber as the window tightens, then red in the final minutes — so you can see at a glance whether the order has time to fill before you even click PLACE. Expiries resolve to the same trading day: if the chosen time has already passed, the panel flags EXPIRED and refuses to submit, so a stale level never gets sent to the broker. Optional settings let you push expiry changes onto already-open pending orders and keep separate Manual times per symbol.

• FTMO-Optimized Account Protection
  Triple-layer equity-based protection prevents prop firm rule breaches. Target % locks in profit and stops trading for the day when daily P&L hits the target. Stop % triggers an immediate close-all on all positions plus pending order cancellation when daily losses approach the firm's limit. Failsafe % is the redundant backstop just below the hard limit. All three monitor floating + closed P&L combined and fire on every tick. Flip the entire protection layer on or off from the panel with a single toggle — when it's off the P&L readout keeps updating for reference, it simply stops auto-closing and locking out.

• Permanent Daily Lockout
  Once any FTMO threshold hits, the EA enters lockout mode for the rest of the broker day — every position that opens after a hit (manual trades, other EAs, anything) gets closed within milliseconds, and pending orders are deleted on sight. The lockout is written to per-account storage, so detaching and reattaching the EA — or restarting MT5 — does not clear it. This is the strict prop-firm posture: target hit means trading is over until tomorrow, no exceptions.

• Live P&L Display
  See your day-start balance, current floating P&L, today's closed P&L, and total daily percentage right on the panel. Color-coded (green for profit, red for loss) and refreshed twice per second. The status indicator turns gold on target hit, red on stop hit, and bright red on failsafe hit.

• Light & Dark Themes
  Toggle the panel between light and dark from the header with one click. The whole desk restyles instantly to match your chart, and your choice persists across restarts.

• Auto-Attaches to the CGE Trading Suite
  Running the CGE Trading Suite on the same chart? The desk snaps into place directly beneath the Chart Tools panel, aligned to the same edge, and stays put as the layout changes. On a bare chart it simply anchors to the top-right corner — no manual positioning needed.

• Visual Lockout Indicators
  When trading is blocked for any reason — an FTMO hit or a manual cancel — the Buy/Sell/Place buttons dim and the info label shows the exact reason in color-coded text. No ambiguity about why a trade was rejected.

Built for Discipline

Most prop firm failures aren't from bad trades — they're from breaking rules under pressure. CGE Trade Desk enforces your daily loss limit at the equity level and locks you out automatically the moment your target or stop is reached. Because the lockout runs until the next broker day and closes anything that opens afterward, there's no giving the gains back and no revenge trading after a loss. The protection is account-wide, tick-rate, and impossible to override mid-session.

Recommended Workflow

1. Set your risk percentage (e.g. 0.25%) and pick an expiry mode (GTC / EOD / Manual).
2. Configure FTMO Target / Stop / Failsafe to match your prop firm's rules.
3. Toggle Auto-BE ON or OFF to your preference.
4. Click BUY LIMIT or SELL LIMIT — three draggable lines appear.
5. Switch to MULTI mode if you want to split into three takes.
6. Drag entry, stop, and TPs to your chosen levels.
7. Click PLACE ORDER — the EA sizes the lots, sets the expiry, and submits the order.
8. Walk away. The EA handles target / stop / failsafe / auto-BE enforcement automatically.

Support & Communication
Developer support is available through the MQL5 messaging system, with most inquiries answered within 24 hours — timely, reliable help when you need it.

Risk Disclosure
Trading financial instruments carries a high level of risk and may not be suitable for all investors. Market conditions can change rapidly, and losses may exceed expectations. No indicator or analysis tool can guarantee profits or eliminate risk. Users are strongly advised to familiarize themselves with the risks involved and to practice using the indicator in a demo environment before applying it to live trading.