G Labs Trade Manager

G-Labs Trade Manager MT4 | Risk Calculator, Trade Panel and Position Manager Professional trade management panel for MetaTrader 4. Auto-calculates risk per trade, displays profit-to-loss ratio, manages entries with on-chart drag lines, and includes trailing stops, break-even automation, virtual SL/TP, daily drawdown protection, and multi-pair trading from a single chart. Built for traders who want full control over risk, execution, and position management without switching charts. One panel handles everything — from calculating lot size to closing winners, trailing stops by moving average, and protecting against daily drawdown limits. ━━ RISK MANAGEMENT ━━━ Three ways to size your trades:
  • Percentage risk per trade — auto-calculates lot size based on your chosen % of account balance and stop loss distance
  • Manual lot size input — enter exact lot size when you want full manual control
  • Dollar risk amount — define the exact dollar amount you are willing to risk per trade
The panel displays in real time:
  • Profit-to-loss ratio for the planned trade
  • Stop loss value in pips and dollars
  • Take profit value in pips and dollars
  • Account balance, equity, and open P/L
━━━ ON-CHART TRADE LINES ━━━ Visual entry, stop loss, and take profit lines drawn directly on the chart. Drag them to any price level. Each line displays:
  • Lot size
  • Pip value
  • Dollar value
  • Price level
All values update in real time as you drag the lines. The same values are mirrored in the trade panel for quick reference. Auto order type detection — the panel automatically determines whether the trade is a buy or sell based on the position of your stop loss and take profit lines relative to the entry line. No need to manually select order type. ━━━ TRADE EXECUTION ━━ Panel buttons for fast execution:
  • Execute — place the trade with current line positions and calculated risk
  • Close Winners — close all trades currently in profit
  • Close All — close every open position
  • Hot keys: B = Buy | S = Sell | E = Execute
One-click execution with pre-calculated risk. No manual lot calculation needed. ━━━ BREAK-EVEN AND TRAILING STOP ━━━ Auto Break-Even: Automatically moves stop loss to break even after price moves a configurable number of pips in your favor. Set it once in settings, applies to every trade. Trailing Stop — two modes:
  • Trail by pips — stop loss trails price by a fixed pip distance
  • Trail by moving average — stop loss follows a moving average of your choice for dynamic, market-adaptive trailing
Both modes are fully configurable in settings. Set your preferred method and let the panel manage the exit. ━━━ VIRTUAL STOP LOSS AND TAKE PROFIT ━━ Hide your stop loss and take profit from the broker. Virtual SL/TP levels are managed locally by the trade panel instead of being sent to the server.
  • Broker sees no SL/TP on the order
  • Panel monitors price and closes the trade when virtual levels are hit
  • Prevents stop hunting by brokers who trade against client positions
━━━ DAILY DRAWDOWN PROTECTION ━━━ Define a maximum daily drawdown percentage. When the limit is hit:
  • All open trades are closed automatically
  • Trading is disabled for the rest of the day
  • Prevents emotional revenge trading and protects capital
Essential for prop firm traders (FTMO, MFF, TFT) and anyone with strict risk rules. ━━━ CLOSE ON TREND CHANGE ━━ Automatic position closure when the H1 trend flips against your trade direction. Trend is defined by the 13/50 EMA crossover on H1.
  • If you are long and the 13 EMA crosses below the 50 EMA on H1, the trade is closed
  • If you are short and the 13 EMA crosses above the 50 EMA on H1, the trade is closed
Keeps you aligned with the higher-timeframe trend and cuts losing trades before they grow. ━━━ TREND DIRECTION INDICATOR ━━━ Built into the trade panel — shows current H1 trend direction based on 13/50 EMA position. Instantly see whether the trend supports your trade idea before executing. ━━━ TRADING STATISTICS ━━━ Track your performance directly in the panel:
  • Most profitable pairs
  • Least profitable pairs
  • Performance breakdown by symbol
Helps you focus on the pairs that work for your strategy and cut the ones that do not. ━━━ MULTI-PAIR TRADING FROM ONE CHART ━━ Built-in symbol changer and timeframe changer directly on the panel. Trade every pair in your watchlist without opening multiple charts.
  • Click any symbol to switch the chart instantly
  • Change timeframe from the panel
  • Side panel shows all open trades across multiple assets
  • Manage, modify, or close trades on any pair from a single chart
Full portfolio management from one screen. ━━━ SCREENSHOT TOOL ━━ Take a screenshot of your chart directly from the trade panel. Capture your setup, entry, and trade management for journaling, review, or sharing. ━━━ PARTIAL CLOSE AND SETTINGS ━━
  • Partial close configurable in settings — close a percentage of position at custom targets
  • Trailing stop settings — choose pip-based or moving average mode
  • Break-even trigger distance configurable
  • Virtual SL/TP toggle
  • Daily drawdown percentage configurable
  • All parameters adjustable without reloading the indicator
━━━ SETUP ━━━
  1. Attach to any chart
  1. Drag entry, stop loss, and take profit lines to your desired levels
  1. Select risk mode (% risk, manual lots, or dollar amount)
  1. Panel auto-calculates everything — lot size, pip values, dollar values, ratio
  1. Click Execute or press E to place the trade
  1. Use symbol changer to trade other pairs from the same chart
━━━ REQUIREMENTS ━━━ MetaTrader 4. Works on any broker and any symbol. Compatible with forex, indices, metals, crypto, and commodities. This is a trade management tool — it assists with execution and risk management for discretionary traders.
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Siarhei Vashchylka
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