Kalifx Trade Manager X
- Утилиты
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Calvin Andile Mahlangu
I build both free and paid tools for MetaTrader 4 & 5.
🔹My goal is to keep things simple, useful, and realistic.
🔹Free tools are meant to be genuinely helpful — not limited trials.
🔹Paid tools are thoroughly backtested and created with care for practical use in live conditions. - Версия: 2.1
- Активации: 10
Kalifx Trade Manager X is an order-management Expert Advisor for MetaTrader 5. It combines an optional on-chart order panel with automated position-management features, including break-even, trailing stops, partial closing, automatic Stop Loss and Take Profit assignment, and account-level equity and floating-loss protection.
The EA provides configurable tools for placing orders and managing positions. Results depend on the selected settings, broker conditions, market conditions, and order execution.
KEY FEATURES
1. On-Chart Order Panel (Optional)
The order panel lets you configure and submit market and pending orders from the chart.
- Buy and Sell: Open an Order Window to review trade parameters before submitting an order.
- Market and Pending modes: Switch between market orders and pending orders in the Order Window.
- Three position-sizing modes: Risk percentage, fixed lot size, or fixed monetary risk in the account currency.
- Editable sizing input: Adjust the selected risk or lot value from the panel. The sizing mode can also be changed while the Order Window is open.
- Entry price: Market mode displays the current Ask or Bid and keeps the entry field read-only. Pending mode allows the entry price to be edited.
- Stop Loss and Take Profit: Edit levels and view their distances in points.
- Order information: View estimated position size, risk percentage, risk amount, potential reward, and risk-to-reward ratio. Values recalculate when relevant parameters change.
- Trade comment: Add an optional comment to the order.
- Pending-order expiry: Set an expiry time in minutes. A value of zero means the pending order is submitted without a time-based expiry, subject to broker support.
- Order confirmation: When confirmation is enabled, Confirm submits the configured order and Cancel closes the window without submitting it. If confirmation is disabled, Buy/Sell actions use the panel's current settings without opening the confirmation window.
2. Management Control Panel (Optional)
The optional management panel includes quick actions for open positions and pending orders:
- Close All: Attempt to close positions matching the configured MagicNumber filter. This action can affect positions across multiple symbols.
- Close Buy / Close Sell: Attempt to close matching Buy or Sell positions across multiple symbols.
- Close Partial: Attempt to close the configured percentage of each matching position.
- Delete Pending: Attempt to delete pending orders matching the configured MagicNumber filter across multiple symbols.
- Start TS: Activate trailing-stop management using the configured trailing-stop settings.
- Set BE: Apply break-even management to qualifying positions using the configured settings.
When MagicNumber is nonzero, the management-panel close and pending-order deletion actions filter by that MagicNumber. When MagicNumber is zero, these actions do not restrict positions or orders by MagicNumber. Check the selected setting carefully before using account-wide actions.
3. Automated Position Management
- Automatic Stop Loss and Take Profit: Assign missing SL/TP levels when enabled.
- Points-based defaults: Configure default Stop Loss and Take Profit distances in points.
- ATR-based defaults: Alternatively calculate the default SL/TP distances using ATR, with configurable period, timeframe, and SL/TP multipliers.
- Break-even: Move Stop Loss after the configured percentage of Take Profit progress is reached, with an optional offset.
- Points-based trailing stop: Configure the start distance, step, and distance between price and Stop Loss.
- Take-Profit-progress trailing stop: Start trailing at a configured percentage of TP progress and use configurable step and profit-lock settings.
- Multi-level partial close: Configure separate TP1, TP2, and TP3 trigger levels and close percentages. TP2 and TP3 percentages are applied to the remaining volume, according to the EA's logic.
Ordinary automated position management is limited to positions on the chart symbol and uses the configured MagicNumber filter. A MagicNumber of zero disables that filter, so matching positions on the chart symbol can include manual trades and trades opened by other EAs.
4. Equity and Floating-Loss Protection
The EA can monitor account-level equity drawdown and floating loss using configurable thresholds:
- Maximum drawdown percentage, calculated from the peak equity tracked by the EA during its running session.
- Maximum floating loss in the account currency.
- Maximum floating loss as a percentage of account balance.
- Optional halt of new trades submitted through this EA's order panel after a protection event.
- Optional automatic clearing of that panel-trading halt on the next day.
When a configured protection threshold is triggered, the EA attempts to close open positions across the account, regardless of symbol or MagicNumber. This is an account-wide action, not a symbol-only action. Closing requests can fail or be delayed because of market and broker conditions; the EA cannot guarantee that every position will close or that losses will remain within the configured threshold. The protection logic should be tested carefully on a demo account before live use.
5. Execution Controls
- MagicNumber filter for ordinary automated position management and management-panel actions.
- Configurable deviation in points for market orders submitted through the panel.
- Symbol-aware calculations for the chart symbol's trading parameters.
- Optional on-chart entry, Stop Loss, and Take Profit lines and labels, where available in the interface.
QUICK START
1. Open the chart for the symbol you want to trade and attach Kalifx Trade Manager X.
2. Enable Algo Trading if required and configure the EA inputs.
3. Choose Risk %, Fixed Lot, or fixed monetary risk and enter the desired value.
4. Click Buy or Sell to open the Order Window when confirmation is enabled.
5. Choose Market or Pending mode, review the entry price, Stop Loss, Take Profit, position size, and risk/reward information, then confirm or cancel.
6. Configure automated management and protection settings to suit your strategy. Test each enabled feature on a demo account first.
INPUT PARAMETERS
Break-Even
- Enable BE
- BE percentage of Take Profit
- Break-even offset in points
- Start-BE button offset in points
Points-Based Trailing Stop
- Enable point-based trailing
- Trailing start in points
- Trailing step in points
- Stop Loss distance from price in points
Take-Profit-Progress Trailing Stop
- Enable TP-progress trailing
- Trailing start percentage of TP
- Step for moving Stop Loss in points
- Percentage of profit to lock in
Automatic SL/TP
- Enable automatic SL/TP assignment
- SL/TP calculation mode: points or ATR
- Default Stop Loss and Take Profit in points
- ATR period and timeframe
- ATR Stop Loss and Take Profit multipliers
Multi-TP Partial Close
- Enable partial close
- TP1 trigger percentage and close percentage
- TP2 trigger percentage and close percentage of remaining volume
- TP3 trigger percentage and close percentage of remaining volume
- Percentage used by the Close Partial panel button
Equity Protection
- Enable equity drawdown protection
- Maximum drawdown percentage
- Enable floating-loss protection
- Maximum floating loss in account currency
- Maximum floating loss as a percentage of balance
- Halt panel trading after protection
- Auto-resume panel trading on the next day
Order Panel
- Enable order panel
- Enable management panel
- Default sizing mode
- Default risk percentage
- Default fixed lot size
- Default monetary risk in account currency
- Panel X/Y position
- UI refresh interval
- Show entry-line labels
- Enable order confirmation window
- Pending-order expiry in minutes (zero means no time-based expiry)
- Default trade comment
General
- MagicNumber
- Deviation in points for panel market orders
IMPORTANT NOTES
- Broker stop-distance rules, minimum and maximum volume, volume steps, spreads, slippage, market gaps, and execution conditions may affect order placement and position management.
- Risk and reward values displayed before submission are estimates and may differ from realized results.
- Equity protection uses account-level values and can affect positions across multiple symbols, independently of the MagicNumber filter.
- No Expert Advisor can guarantee profits or eliminate trading risk.
- Test the EA and its settings on a demo account before using it with real funds. Users remain responsible for their trading decisions and configuration.
