BreakEven Trade Manager MT5

BreakEven Trade Manager MT5

BreakEven Trade Manager MT5 is a lightweight and easy-to-use trading utility for MetaTrader 5 that helps you open, manage, and protect trades directly from the chart.

The utility combines fast manual order execution with automatic BreakEven management, helping reduce routine actions and improve position control.

Key Features

  • One-click Buy and Sell
  • One-click closing of managed positions
  • Automatic BreakEven
  • Adjustable Stop Loss
  • Adjustable Take Profit
  • Adjustable trade volume
  • Current Symbol or All Symbols filtering
  • All Magic Numbers or Selected Magic Number filtering
  • Points and Pips distance modes
  • Custom order comment
  • Clean and lightweight trading panel
  • Support for hedging and netting accounts

Automatic BreakEven

The utility automatically moves Stop Loss to the BreakEven level after the position reaches the specified profit distance.

Available settings:

  • Configurable BreakEven trigger
  • Positive, zero, or negative BreakEven offset
  • Support for Buy and Sell positions
  • Symbol filtering
  • Magic Number filtering
  • Management of multiple open positions

A negative offset can be used when you want Stop Loss to remain slightly below the entry price for Buy positions or slightly above the entry price for Sell positions.

Trading Panel

The compact chart panel provides quick access to the main trading operations.

Available actions:

  • Buy
  • Sell
  • Close

Before opening a position, you can specify:

  • Lot size
  • Stop Loss
  • Take Profit

The entered values can be changed directly on the panel without reopening the Expert Advisor settings.

Position Filters

BreakEven Trade Manager MT5 can manage only the positions that match the selected filters.

Symbol Filter

  • Current Symbol
  • All Symbols

Magic Number Filter

  • All Magic Numbers
  • Selected Magic Number

The selected Magic Number is also assigned to positions opened from the trading panel.

This makes it possible to separate positions opened by this utility from positions opened manually or by other Expert Advisors.

Distance Modes

The utility supports several distance calculation modes:

  • Points
  • Pips by Digits
  • Pips as Point × 10

This allows the utility to work correctly with brokers and symbols that use different quote formats.

Input Parameters

Trading Panel

  • Lot Size
  • Stop Loss
  • Take Profit
  • Magic Number
  • Trade Comment

Position Management

  • Symbol Scope
  • Magic Number Scope
  • BreakEven Trigger
  • BreakEven Offset
  • Distance Mode

Interface

  • Font Scale

Suitable For

BreakEven Trade Manager MT5 can be useful for:

  • Manual Forex traders
  • CFD traders
  • Scalpers
  • Day traders
  • Swing traders
  • Multi-symbol trading
  • Traders using several Expert Advisors with different Magic Numbers

Important Information

  • The utility must remain attached to a chart for automatic BreakEven management to work.
  • Automated trading must be enabled in MetaTrader 5.
  • Stop Loss and Take Profit levels are subject to the broker's minimum stop and freeze-level requirements.
  • The Close button affects only positions matching the selected Symbol and Magic Number filters.
  • The utility does not guarantee profit and does not replace proper risk management.

Why Choose BreakEven Trade Manager MT5?

  • Fast and intuitive manual trading
  • Automatic position protection
  • Flexible Symbol and Magic Number filtering
  • Simple chart-based controls
  • Lightweight and responsive operation
  • No unnecessary or overloaded functionality

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