Aurum Position Manager

Aurum Position Manager is a position-management utility for MetaTrader 5. It watches existing positions on the chart symbol and can move their stop-loss to a break-even lock and then to an ATR-based trailing level.

It is not a trading strategy. It does not open trades, choose entries, or calculate position size.

Functions

• Checks matching open positions about once per second.
• Uses the current chart symbol only.
• Records the price distance from entry to the first stop-loss observed for each position ticket.
• After the configured break-even multiple, moves the stop-loss to entry plus or minus the configured lock amount.
• After the configured trail-start multiple, can apply an ATR-based trailing distance using the latest completed ATR bar.
• Keeps the take-profit value unchanged when it submits a stop-loss modification.
• Only accepts a new stop when it improves the current stop according to the position side and broker stop-distance rules.

Default inputs

• Magic filter: 0
• Break-even threshold: 1.0 captured-risk unit
• Lock distance: 0.10 captured-risk unit
• Trail start: 1.5 captured-risk units
• ATR period: 14 on H1
• ATR trailing multiplier: 1.5

The utility needs an existing stop-loss when it first observes a position so it can capture the initial price-risk distance. It manages the current chart symbol only.

Important limits

The utility does not close positions directly. A later stop hit remains subject to market execution. Algorithmic trading permissions, broker rules, connection state, and terminal availability can affect whether a stop modification is accepted.

Use a demo account first. The product has no entry logic, signal generation, performance claim, or trading recommendation.