TradeManagerEA
- Утилиты
-
Emmanuel Opeyemi Adesoye
Just in learn and contribute my share. - Версия: 1.0
TradeManagerEA — Full Trade Management Solution
Overview (Short Description)
The TradeManagerEA is a specialized Expert Advisor designed to manage open trades across all symbols. It provides automatic breakeven rules, trailing stops, and additional settings optimized for Gold (XAU/GOLD). This tool requires minimal user intervention and can enhance the consistency of your trading approach.
Detailed Description
1. Core Features
-
Breakeven Management: Automatically moves Stop Loss to entry price plus a defined buffer after reaching the first Take Profit (TP1).
-
Trailing Stop: Gradually tightens the Stop Loss as the price moves in your favor, with customizable step and distance.
-
Gold-Specific Parameters: Special overrides for pips, trailing stops, and breakeven when trading XAU or GOLD.
-
Apply to All Trades: Manage positions across all symbols and Magic Numbers or restrict to a specific Magic Number.
-
Error Handling & Safe Modifications: Uses OrderSend() with checks to handle SL/TP modifications.
2. Requirements
-
Platform: MetaTrader 5
-
Account Type: Any account that supports hedging or netting (EA can adapt to both, but typically tested on hedging).
-
Symbol Compatibility: Forex majors, minors, metals (especially Gold), indices, etc.
-
Minimum Balance: No strict requirement, but standard margin rules apply for open trades.
3. Input Parameters
-
Breakeven Settings
-
TP1_Pips : The distance in pips from entry to consider as the first take-profit if the position does not have an actual TP.
-
TP1_Activation_Pips : Distance in pips to consider the target “hit”.
-
Breakeven_Buffer_Pips : Additional pips above the entry price to place SL at breakeven (for buy) or below entry (for sell).
-
-
Trailing Stop Settings
-
Trailing_Stop_Pips : The distance in pips that defines how “far behind” price your Stop Loss will trail.
-
Trailing_Step_Pips : The minimum price movement in pips before trailing stop adjusts again.
-
-
Gold-Specific Settings
-
Use_Gold_Specific : Set true to use special parameters for Gold.
-
Gold_TP1_Pips : The default TP1 pips to use for XAU/GOLD.
-
Gold_Breakeven_Buffer_Pips : Breakeven buffer for Gold.
-
Gold_Trailing_Stop_Pips : Trailing stop distance for Gold.
-
Gold_Trailing_Step_Pips : Trailing step for Gold.
-
-
General Settings
-
Apply_To_All_Trades : If true , no Magic Number filter is used; the EA manages every open position on your account.
-
Magic_Number : Only used if Apply_To_All_Trades is false.
-
Slippage : Maximum slippage in points for order modifications.
-
OrderComment : Custom comment used when modifying orders.
-
4. How to Use
-
Drag-and-drop TradeManagerEA II onto a chart in MT5.
-
Configure the Input Parameters according to your preference.
-
Allow AutoTrading.
-
The EA will immediately scan existing positions and manage them if the conditions are met (magic number, symbol, etc.).
5. Best Practices
-
Test the EA on a demo account first, especially if you trade XAU/GOLD, to confirm the correct pip multiplier for your broker.
-
Use small risk or minimal lots to gauge performance.
-
Keep the terminal open or use a VPS for uninterrupted trade management.
6. Updates / Changelog
-
Version 1.25 (2025.01.01):
-
Initial public release on MQL5.
-
Includes gold-specific logic for breakeven and trailing.
-
7. Support
-
Contact: Via the MQL5 product’s “Discussion” tab or send a private message.
-
Time Zone: GMT. Typical response time: within 1-2 business days.
8. Disclaimer
Trading involves risk. Past performance does not guarantee future results. The developer is not responsible for any financial losses arising from the use of this tool.
