Trade Manager EA with DargLines

Manual Trading Panel | Position Management | Order Execution | Risk & Trade Control

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Trade Manager EA is a professional manual trading panel for MetaTrader 5 designed to give traders direct control over market orders, pending orders, position management, partial profit taking, break-even protection, trailing stops, TP ladders, grid orders, trigger lines, news awareness and trade monitoring from one integrated chart panel.

The EA is designed around a simple principle:

You decide when and where to trade.

The Trade Manager EA provides the tools to execute and manage that decision efficiently.

It is not built around an automatic trading strategy or an indicator-based signal system. Instead, it acts as a trading control center that helps the trader execute manual setups and manage open positions without constantly relying on the standard MT5 order window.

1. One-Click BUY and SELL Market Execution

The main panel provides dedicated BUY and SELL buttons for rapid market execution.

The trader can configure:

• Lot size

• Number of positions

• Take Profit distance

• Stop Loss distance

• TP ladder spacing

• Break-even buffer

When multiple positions are selected, the EA can open a batch of positions and manage them as a structured group.

The EA uses the actual position fill price when applying the final SL and TP levels, helping ensure that the management levels are based on the executed trade rather than simply the requested market price.

The panel allows the trader to enter a custom lot size or select from a configurable lot-size list.

The default lot list includes:

0.01
0.02
0.03
0.04
0.05
0.07
0.09
0.11
0.15
0.19
0.25
0.32
0.42
0.55
0.71
0.92
1.20

The list can be customized through the EA inputs.

The trader can also configure the number of positions to open, with the default selection list supporting:

1 to 10 positions.

This makes it possible to structure a trade as a single position or as a multi-position batch.

The EA supports configurable Take Profit and Stop Loss distances in pips.

Default settings include:

TP: 20 pips
SL: 50 pips

The trader can change these values according to the instrument, broker and trading plan.

The EA automatically converts the configured pip distances into the appropriate price distances for the current symbol.

It also includes broker stop-distance handling to help prevent invalid SL or TP placement.

One of the main features of the Trade Manager EA is its multi-position TP ladder.

When multiple positions are opened, each position can receive a progressively different TP level.

For example, with:

• TP = 20 pips

• TP Ladder = 20 pips

• 4 positions

The structure can be:

Position 1 → TP 20 pips
Position 2 → TP 40 pips
Position 3 → TP 60 pips
Position 4 → Runner

This creates a structured profit-taking sequence instead of forcing every position to use the same target.

The ladder distance is configurable through:

InpTPLadderPips

When multiple positions are opened, the final position can be treated as a runner.

With the runner function enabled:

• The earlier positions receive their TP targets

• The final position does not receive a fixed TP

• The runner can remain open for further price movement

• Trailing management can take over once the required conditions are reached

This allows a trader to combine:

Fixed profit targets + a runner position

For example:

TP1 → close first position
TP2 → close second position
TP3 → close third position
Runner → remain open and trail

The runner functionality is controlled through:

InpTrailLastAfterTP

The EA can automatically advance the Stop Loss as successive TP levels are reached.

The management structure works progressively.

After the first TP is reached, remaining positions can have their SL moved toward break-even.

As additional TP levels are reached, the EA can move the SL toward the previous TP level.

For example:

Initial structure:

Entry
↓
SL

TP1
TP2
TP3
Runner

After TP1:

Remaining positions → Break-even

After TP2:

Remaining positions → SL can advance toward TP1

After TP3:

Remaining positions → SL can advance toward TP2

This creates a progressive trade-management structure where realized profit levels can become protection levels for the remaining positions.

The feature can be controlled through:

InpLadderSLAdvance

The EA includes a dedicated break-even management function.

The trader can move Stop Loss toward break-even for positions on the current symbol.

A configurable buffer can be added to the entry price.

Default:

InpBEBufferPips = 5

For BUY positions:

Break-even level = Entry + buffer

For SELL positions:

Break-even level = Entry - buffer

The EA also checks broker minimum stop-distance requirements before attempting the modification.

The Trade Manager EA includes configurable trailing-stop management.

The trader can specify:

Trailing activation distance
Trailing stop distance

Default settings:

Activation = 100 pips
Trailing distance = 50 pips

The trailing system only moves the Stop Loss when the new Stop Loss provides a more protective level than the existing one.

For BUY positions, the Stop Loss trails below the current price.

For SELL positions, the Stop Loss trails above the current price.

The EA also checks the broker's minimum stop distance before modifying the position.

The EA provides dedicated partial-close functionality.

The available partial-close percentages are:

10%
30%
50%
90%

The selected percentage is applied to positions on the current symbol.

The EA automatically calculates the corresponding volume and respects the broker's minimum volume and volume-step requirements.

This allows traders to scale out of positions without manually calculating how much volume needs to be closed.

Example:

1.00 lot position

50% partial close

0.50 lot remains.

The EA provides direct pending-limit order functionality.

BUY LIMIT orders can be placed below the current market.

SELL LIMIT orders can be placed above the current market.

The trader can specify:

Entry price
TP
SL
Lot size
Number of grid levels

The EA validates the order direction before submitting the pending order.

For example:

BUY LIMIT must be below the current Ask.

SELL LIMIT must be above the current Bid.

This helps prevent incorrectly positioned pending orders.

The panel also supports breakout-style pending orders.

BUY STOP orders can be positioned above the current market.

SELL STOP orders can be positioned below the current market.

The trader can specify:

Entry price
TP
SL
Lot size
Grid count
Grid spacing

The EA checks the requested price relative to the current Bid and Ask before submitting the order.

The EA can place multiple pending orders using configurable grid spacing.

Default:

Grid step = 10 pips
Grid count = 5

For example, a BUY STOP grid could be structured as:

BUY STOP 1 → Entry
BUY STOP 2 → Entry + 10 pips
BUY STOP 3 → Entry + 20 pips
BUY STOP 4 → Entry + 30 pips
BUY STOP 5 → Entry + 40 pips

The same concept can be applied in the opposite direction for SELL orders.

Grid functionality is available for the supported pending-order types.

The number of orders and spacing can be adjusted through the EA inputs.

The EA includes a visual BUY trigger line that can be placed directly on the chart.

Press:

BUY LINE

The EA creates a horizontal trigger line.

The trader can then drag the line to the desired price level.

When price touches the configured BUY trigger level, the EA executes the same market BUY action used by the BUY button.

After the trigger fires, the line becomes disarmed.

Dragging the line again re-arms it.

This allows the trader to visually position a manual entry level without having to constantly monitor the exact price.

The SELL LINE works in the same way.

Press:

SELL LINE

A horizontal SELL trigger line is created.

The trader can drag it to the desired price.

When price reaches the trigger level, the EA executes the SELL market action.

The line then becomes disarmed.

Dragging it again re-arms the trigger.

The line displays its price directly on the chart.

A dedicated:

RESET LINES

button is included on the panel.

This allows the trader to reset the configured BUY and SELL trigger lines without manually removing chart objects.

The EA includes a configurable volatility protection mechanism.

The trader can enable:

InpBlockHighVolatility

and configure:

InpVolatilityThreshold

Default threshold:

50 pips

When the volatility blocker is enabled and the configured condition is reached, the EA can prevent supported new order placement.

This is intended to help the trader avoid initiating new orders during unusually volatile market conditions.

The feature is configurable and can be disabled when required.

The EA uses the MetaTrader 5 economic calendar to monitor upcoming high-impact events.

The news filter can track selected currencies.

Default tracked currencies include:

USD
CNY
EUR
GBP
AUD

The trader can configure the news-warning window.

Default:

30 minutes

The EA checks upcoming calendar events and identifies high-impact events associated with the configured currencies.

The panel displays a news message such as:

NEWS: Event Name (USD) in 15 min

The news system is primarily designed as an awareness and trade-protection feature, allowing the trader to see when significant economic events are approaching.

The panel continuously refreshes trading information.

The interface includes P&L information for the current symbol and allows the trader to monitor the financial state of open positions directly from the EA panel.

This keeps important trade information visible without requiring the trader to repeatedly open the standard MT5 terminal windows.

The EA includes a dedicated close-profit function.

When activated, the EA checks positions for the current symbol and closes positions that are currently profitable.

Positions that are not profitable are not closed by this function.

This provides a quick way to secure currently profitable positions.

A separate close-loss function is provided.

The EA checks positions for the current symbol and closes positions that currently have a negative P&L.

Profitable positions are not closed by this function.

This gives the trader a rapid manual risk-control option during changing market conditions.

The EA includes a dedicated function to remove pending orders from the current symbol.

This can be useful when:

• A setup is invalidated

• A breakout level is no longer relevant

• Market conditions change

• The trader wants to clear pending orders before news

• The trader wants to reset the chart's pending-order structure

The EA reports how many pending orders were deleted.

The EA monitors open positions and tracks their TP and SL levels.

When the EA detects a position closure corresponding to a TP or SL level, it can play the appropriate sound notification.

The source code references:

TPHit.wav

and

SLHit.wav

This allows the trader to receive an audible notification without having to continuously watch the chart.

The panel contains status and error information.

Trade actions can report information such as:

• Order successful

• Order failed

• Invalid price

• Invalid TP

• Invalid SL

• Broker rejection

• Pending-order errors

• Position-management errors

The EA also maintains a visible error area for recent problems.

This helps the trader identify why an order or modification was not accepted.

The EA includes several mechanisms designed to work with broker trading requirements.

These include:

• Symbol price normalization

• Volume normalization

• Minimum volume checking

• Volume-step checking

• Broker minimum stop-distance checking

• Slippage configuration

• SL/TP modification retries

• Modification cooldown

• Validation of pending-order direction

• Validation of TP/SL placement

The EA includes configurable settings for:

Maximum slippage
Stop-level buffer
Hard minimum stop distance
Modification retries
Modification cooldown

These settings allow the trader to adapt the EA to different broker environments.

The EA includes protection against excessive repeated SL/TP modifications.

Configurable parameters include:

InpModifyRetries

and

InpModifyCooldownMs

Default values:

3 modification retries

2000 ms modification cooldown

This is designed to reduce unnecessary repeated modification requests, particularly when dealing with slower trade servers.

The Trade Manager EA provides configurable panel positioning.

The panel can be positioned using:

InpPanelX

and

InpPanelY

The EA also supports a wider rectangular panel layout.

The standard layout uses a compact panel.

The rectangle layout can provide a wider three-column interface.

The configurable rectangle dimensions include:

Panel width
Panel height

This allows the trader to adapt the interface to different monitor sizes and chart layouts.

The Trade Manager EA is fundamentally a manual trading assistant.

It does not attempt to decide what the market should do.

It does not replace the trader's analysis.

Instead, the trader determines:

• Direction

• Entry

• Market structure

• Support and resistance

• Strategy

• Risk

• Position size

• Trade timing

The EA then provides the execution and management tools.

This makes it suitable for traders who already have their own trading methodology and want a centralized execution and position-management interface.

A typical manual trade can be managed as follows:

STEP 1 — Analyze the Market

The trader performs their own technical and fundamental analysis.

STEP 2 — Select Position Size

Choose the desired lot size.

STEP 3 — Select Position Count

Choose whether to open one position or a multi-position batch.

STEP 4 — Set TP and SL

Enter the desired TP and SL distances.

STEP 5 — Execute

Press BUY or SELL.

Alternatively, use:

BUY LIMIT
SELL LIMIT
BUY STOP
SELL STOP

STEP 6 — Manage the Position

The trader can then use:

Break-even
Partial close
Trailing stop
TP ladder
Runner management

STEP 7 — Secure Profits

Partial-close buttons can be used to reduce exposure while allowing remaining positions to continue.

STEP 8 — Manage the Runner

If a multi-position batch is being used, the final position can operate as the runner and be managed through trailing logic.

STEP 9 — Monitor News

The built-in economic-calendar display provides awareness of upcoming high-impact events.

Suppose a trader selects:

Lot size: 0.10
Positions: 4
Initial TP: 20 pips
TP ladder: 20 pips
SL: 50 pips

The EA can structure the trade as:

Position 1 → 20 pip TP
Position 2 → 40 pip TP
Position 3 → 60 pip TP
Position 4 → Runner

If the first TP is reached, the first position closes.

The EA can then move the Stop Loss of the remaining positions toward break-even according to the configured ladder-management rules.

If the next TP is reached, the remaining positions can have their SL advanced again.

The final position can remain open for further movement and be managed by the trailing mechanism.

This gives the trader a structured:

Take Profit → Protect → Take Profit → Protect → Runner

workflow.

Order & Position Sizing

InpPipSize

Automatic or manual pip-size configuration.

InpTPPips

Default Take Profit distance.

InpSLPips

Default Stop Loss distance.

InpTPLadderPips

Distance between successive TP ladder levels.

InpLadderSLAdvance

Enables progressive SL advancement.

InpBEBufferPips

Break-even buffer.

InpStepPips

TP/SL adjustment step.

Grid Orders

InpGridStepPips

Distance between grid orders.

InpGridCount

Number of grid orders.

Order Execution

InpMagic

Magic number used by the EA.

InpSlippagePoints

Maximum configured slippage.

InpStopLevelBufferPoints

Additional stop-distance buffer.

InpHardStopDistancePoints

Optional hard minimum stop distance.

InpModifyRetries

Number of SL/TP modification retries.

InpModifyCooldownMs

Minimum delay between modifications.

Trailing Stop

InpTrailActivatePips

Profit required before trailing activates.

InpTrailDistPips

Trailing distance.

InpTrailLastAfterTP

Allows the final position of a multi-position batch to operate as the runner.

Volatility Protection

InpBlockHighVolatility

Enable or disable the volatility blocker.

InpVolatilityThreshold

Configured volatility threshold.

News Filter

InpNewsFilter

Enable or disable news monitoring.

InpTrackedCurrencies

Currencies monitored by the news system.

InpNewsBlockMinutes

News-warning window.

Trigger Lines

InpDragLinesEnabled

Enable or disable BUY/SELL trigger lines.

InpLineOffsetPoints

Initial trigger-line distance.

InpLineLengthBars

Trigger-line length.

InpBuyLineColor

BUY trigger-line color.

InpSellLineColor

SELL trigger-line color.

Trade Manager EA is designed for traders who:

• Trade manually

• Want faster order execution

• Use multiple positions

• Scale out of trades

• Use TP ladders

• Use runners

• Want manual break-even control

• Use trailing stops

• Place pending orders

• Use grid-style pending structures

• Want visual price triggers

• Want news awareness inside the trading panel

• Want their trade-management tools in one place

It can be particularly useful for traders who already have an established trading strategy and want a dedicated execution and management interface rather than an autonomous strategy EA.

Trade Manager EA is not a market-prediction system.

It does not claim to predict:

• Market direction

• Future price

• Guaranteed profits

• Winning trades

• Economic outcomes

It does not replace trading analysis or risk management.

The trader remains responsible for selecting the setup, position size, entry, Stop Loss and overall trading plan.

Trading Forex, CFDs, gold and other leveraged financial instruments involves substantial risk and may result in the loss of capital.

Trade Manager EA is an execution and trade-management tool.

The presence of features such as:

• Break-even

• Partial close

• Trailing stop

• Volatility filtering

• News monitoring

• TP ladders

• Grid orders

does not guarantee profitable trading or eliminate market risk.

Broker execution, spreads, slippage, liquidity, trading conditions, market gaps and server availability can affect actual results.

Always test the EA on a demo account before using it with real funds.

Make sure the configured lot size, Stop Loss, grid size and number of positions are appropriate for your account and risk tolerance.

Elohim FX & Gert FX Trade Manager EA brings market execution, pending orders, position sizing, TP/SL management, partial profit taking, break-even, trailing stops, TP ladders, runner management, grid placement, visual trigger lines, news awareness and trade monitoring into one MetaTrader 5 interface.

The goal is simple:

Plan the trade manually.

Execute the trade efficiently.

Manage the position systematically.

Protect the account through disciplined trade management.

Trade Manager EA gives the trader the controls to do that from a single chart-based panel.

ELOHIM FX & GERT FX

Trade Manager EA

Manual Trading Panel

Execute. Manage. Protect.

SOUND ALERTS

The Sound Alerts section provides audible notifications for important trading events, allowing the trader to receive immediate audio feedback without constantly watching the chart.

Enable Sound Alerts
InpSoundEnabled

Turns the EA's sound notification system ON or OFF.

Take Profit Sound
InpSoundTP

Specifies the .wav sound file played when the EA detects that a position has reached its Take Profit.

Stop Loss Sound
InpSoundSL

Specifies the .wav sound file played when the EA detects that a position has reached its Stop Loss.

Successful Order Sound
InpSoundOpen

Specifies the .wav sound file played when a new market or pending order is successfully accepted.