Creyes Trade Manager Pro

Creyes Trade Manager Pro is a trade management utility for MetaTrader 5. It adds an on-chart panel to place orders with a fixed risk and to manage open positions with a set of rules you choose. It never opens trades on its own: every entry is placed by you with the BUY, SELL, FIB BUY or FIB SELL buttons.

What it does

  • Risk-based lot size. Enter the risk in % of equity or balance and the stop loss in pips. The panel shows the lot size before you click and sends the order with stop loss and take profit (risk/reward ratio is an input).
  • Fibonacci scale-in. Detects the last swing on the chart, draws the Fibonacci levels and places pending orders at 0.618, 0.5 and 0.382 of the leg. The stop loss sits beyond the swing origin, the take profit at 100% of the leg. The total risk is split between the levels. Unfilled orders expire after a set time.
  • Break-even. Moves the stop loss to entry plus a small offset after a chosen number of pips.
  • Partial take profit. Two steps with a configurable percentage of the position closed at each step, optional break-even after the first one.
  • Trailing stop. Off, classic, stair-step or ATR-based.
  • Equity protection. Optional daily loss limit and floating loss limit that close positions when reached.
  • Panel buttons. Break-even all, delete pending orders, close profitable, close losing, close all.
  • Can manage trades opened by hand or by other EAs, on the current symbol or on all symbols.

How to use

  1. Attach the EA to a chart and allow automated trading.
  2. Set risk %, stop loss in pips and the management options in the inputs or in the panel.
  3. Click BUY, SELL, FIB BUY or FIB SELL. The EA manages the position from then on.

Works on any symbol (forex, metals, indices, crypto CFDs) and any timeframe. The pip size and the lot limits of the broker are read from the symbol specification. Please test it first on a demo account to check the settings with your broker.

Risk warning: trading leveraged products involves a high risk of loss. This tool helps with order placement and position management; it does not predict the market and it does not guarantee any result. Past or simulated results do not indicate future results. Use only money you can afford to lose.

Author: Creyes EA — mql5.com/en/users/creyes_88

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