CGE Trade Desk

Set & Forget Limit Order Desk for MT5

CGE Trade Desk is a chart-driven limit order EA built for prop firm traders who need to plan trades, manage risk, and protect their accounts from costly mistakes.

The EA combines visual trade setup, automatic position sizing, multi-take-profit splitting, and a full prop firm protection layer into one workflow. Drag your entry, stop, and take-profit lines directly on the chart, then click PLACE — the EA handles lot calculation, expiry timing, and risk enforcement automatically. Every safety mechanism a serious trader needs is built in: equity-based daily loss caps, news blackouts, profit targets that close everything when hit, and a hard failsafe backstop.

Why CGE Trade Desk?

CGE Trade Desk gives traders a single panel to set up, size, and protect every trade without ever opening MT5's order ticket dialog.

Hover over any control on the panel for clear tool tips explaining exactly what it does.

• Visual Trade Setup 
  Click BUY LIMIT or SELL LIMIT and three draggable lines appear on the chart: Entry, Stop Loss, and Take Profit. Drag them to your levels — labels update live with dollar risk, dollar reward, R-multiple, and lot size. When everything looks right, click PLACE. No order tickets, no number entry, no manual lot calculation.

• Automatic Position Sizing 
  Set your risk as a percentage of balance or a fixed dollar amount. The EA calculates the exact lot size for the stop distance you've set, accounting for the symbol's tick value, contract size, and broker volume step. Risk stays consistent across every trade regardless of stop distance.

• Multi-TP with Partial Closes 
  Switch to MULTI mode to split a trade across three take-profit levels (default 50% / 30% / 20%). Drag each TP line independently — TP1, TP2, and TP3 can be placed anywhere on the chart, with R-multiples computed live in their labels. The broker manages each leg independently, so partial profits lock in automatically as price reaches each level.

• Auto Break-Even on TP1 
  Optional safety upgrade for multi-TP trades. When enabled, the moment your TP1 closes and banks the first partial profit, the EA automatically moves the stop-loss on your remaining TP2 and TP3 positions to the entry price. The rest of the trade runs risk-free — worst case, you scratch at break-even. Best case, price continues to TP2 and TP3 for a full win. Toggle on or off with one click from the panel.

• Smart Expiry Selector 
  Pick from preset durations (GTC, 1-4 days, 1 week) anchored to broker server time. Business-day aware — weekend days are skipped automatically. Your pending order auto-cancels if it doesn't fill in time, so stale levels never come back to bite you.

• FTMO-Optimized Account Protection 
  Triple-layer equity-based protection prevents prop firm rule breaches. Target % locks in profit and stops trading for the day when daily P&L hits the target. Stop % triggers an immediate close-all on all positions plus pending order cancellation when daily losses approach the firm's limit. Failsafe % is the redundant backstop just below the hard limit. All three monitor floating + closed P&L combined and fire on every tick.

• Permanent Daily Lockout 
  Once any FTMO threshold hits, the EA enters lockout mode for the rest of the broker day — every position that opens after a hit (manual trades, other EAs, anything) gets closed within milliseconds, and pending orders are deleted on sight. This is the strict prop-firm posture: target hit means trading is over until tomorrow, no exceptions.

• Global News Blackout 
  Optionally blocks the placement of new limit orders around HIGH-impact news events from MT5's economic calendar. Existing pending orders and open positions are not affected, only new orders placed through the panel during the window are rejected. Configurable asymmetric window (minutes before / minutes after the event). Watches all currencies globally, because USD shocks ripple through every FX cross, not just dollar pairs.

• Live P&L Display 
  See your day-start balance, current floating P&L, today's closed P&L, and total daily percentage right on the panel. Color-coded (green for profit, red for loss) and refreshed twice per second. Status indicator turns gold on target hit, red on stop hit, bright red on failsafe hit.

• Persistent Settings 
  All panel settings save to per-account Global Variables and survive MT5 restarts. Run the EA on multiple charts and they share the same risk configuration automatically.

• Visual Lockout Indicators 
  When trading is blocked for any reason — FTMO hit, news window, or manual cancel — the Buy/Sell/Place buttons dim and the info label shows the exact reason in color-coded text. No ambiguity about why a trade was rejected.

Built for Discipline

Most prop firm failures aren't from bad trades — they're from breaking rules under pressure. CGE Trade Desk enforces your daily loss limit at the equity level, locks you out automatically when your target is reached, and prevents revenge trading after a loss. The protection is account-wide, tick-rate, and impossible to override mid-session.

Recommended Workflow

1. Set your risk percentage (e.g. 0.25%) and pick an expiry preset
2. Configure FTMO Target / Stop / Failsafe to match your prop firm's rules
3. Toggle News Blackout and Auto-BE ON or OFF to your preference
4. Click BUY LIMIT or SELL LIMIT — three draggable lines appear
5. Switch to MULTI mode if you want to split into three takes
6. Drag entry, stop, and TPs to your chosen levels
7. Click PLACE ORDER — the EA sizes the lots, sets the expiry, and submits the orders
8. Walk away. The EA handles target / stop / failsafe / auto-BE enforcement automaticall
   
   

Support & Communication:
Developer assistance is available through the MQL5 messaging system. All inquiries are typically addressed within 24 hours, ensuring timely and reliable support.

Risk Disclosure: 
Trading financial instruments carries a high level of risk and may not be suitable for all investors. Market conditions can change rapidly, and losses may exceed expectations. No indicator or analysis tool can guarantee profits or eliminate risk. Users are strongly advised to familiarize themselves with the risks involved and to practice using the indicator in a demo environment before applying it to live trading.