LG Trade Manager Pro

Product category:

Utilities

Short description:

Universal MetaTrader 5 trade manager with break-even, partial close, multiple trailing Stop Loss modes, profit lock and floating loss protection. Designed for manual traders and EA users who want disciplined automated position management.

LG Trade Manager Pro

Overview

LG Trade Manager Pro is a universal trade management utility for MetaTrader 5, designed for traders who want more control, automation and discipline after a position has been opened.

The tool does not generate entry signals. Instead, it manages existing positions according to the rules selected by the user. It can be used by manual traders, semi-automatic traders and users who run other Expert Advisors but want an additional layer of professional trade management.

The EA can manage manual positions, EA positions, or only positions with a selected Magic Number. It is designed to help traders automate routine trade management tasks such as break-even movement, trailing Stop Loss, partial closing and account-level profit protection.

Core Purpose

Many traders enter good trades but fail to manage them consistently. LG Trade Manager Pro is built to solve this problem by applying predefined trade management rules automatically.

The utility can monitor open positions and react when price reaches specific profit levels. Depending on the selected settings, it can move Stop Loss to break-even, lock a small profit, trail the Stop Loss behind price, close a partial volume, or close all managed positions when an account-level profit or floating loss threshold is reached.

Main Features

- Universal trade manager for MetaTrader 5

- Works with manual trades and EA trades

- Magic Number filter

- Symbol filter

- Buy and sell position filters

- Break-even management

- Profit lock after break-even

- Fixed point trailing Stop Loss

- ATR-based trailing Stop Loss

- Candle high/low trailing Stop Loss

- Trailing start and trailing step settings

- Partial position closing

- Account-level floating profit lock

- Floating loss protection

- Optional pending order deletion

- Spread protection

- New-bar-only management option

- Market validation friendly structure

- No DLL usage

- No external dependencies

Break-Even Management

The break-even module can automatically move the Stop Loss once a trade reaches a defined profit level. Users can also set a small lock-in value, allowing the EA to move the Stop Loss beyond the entry price instead of placing it exactly at break-even.

This helps reduce emotional decision-making and creates a systematic approach to protecting open trades.

Trailing Stop Management

LG Trade Manager Pro includes multiple trailing Stop Loss methods:

1. Fixed Point Trailing

The Stop Loss follows price at a fixed distance once the position reaches the selected profit level.

2. ATR-Based Trailing

The trailing distance is calculated using market volatility. This can be useful when the trader wants the Stop Loss to adapt to changing market conditions.

3. Candle-Based Trailing

The Stop Loss can be trailed behind the previous candle high or low, with an optional buffer. This approach is useful for traders who prefer price-action based trade management.

Partial Close Function

The partial close module allows the EA to close a percentage of an open position after the position reaches a predefined profit level. This can help secure part of the profit while leaving the remaining volume open for further movement.

Account-Level Protection

The tool also includes optional account-level management features:

- Close managed positions when floating profit reaches a target amount

- Close managed positions when floating loss reaches a defined limit

- Optionally delete pending orders when the account-level rule is triggered

Recommended Usage

LG Trade Manager Pro is best used as an additional chart-based management utility. The EA should be attached to a chart and configured according to the trader's risk tolerance and trading style.

Recommended steps:

1. Test the settings on a demo account.

2. Start with conservative break-even and trailing values.

3. Use the Magic Number filter when managing only specific EA trades.

4. Use the symbol filter when managing one instrument only.

5. Avoid using very tight trailing settings on high-spread instruments.

6. Always check broker stop level and execution conditions.

Compatibility

- MetaTrader 5

- Expert Advisor category

- Manual trading support

- EA trade management support

- Netting and hedging environments depending on broker conditions

- Forex, gold, indices, commodities and CFDs depending on broker availability

Important Risk Warning

Trading leveraged financial instruments involves risk. Trade management tools can help automate discipline, but they cannot guarantee profits or eliminate losses. Market gaps, slippage, spread widening and broker execution conditions may affect trade results.

Past performance does not guarantee future results. Users should always test all settings before using the tool on a live account.

Support

For installation, setup or configuration questions, please contact the developer through the MQL5 messaging system.