Dorado Trade Manager

Dorado Trade Manager - trade with fixed risk, protect every position, stay inside your prop-firm limits.

Set your risk once. Dorado Trade Manager sizes every trade, puts a stop loss and take profit on it, moves it to break-even, trails it and takes partial profits - including trades you open from the MT5 phone app. A built-in prop-firm guard watches your daily loss and drawdown and closes everything as soon as a limit is reached. One clean panel, one price, no add-ons.

Launch offer: $39 for the first 20 copies, then $49. Final price $79.

Why traders choose it

• Risk-based lot size in one click - % of balance, % of equity, fixed money or fixed lot. The panel shows the exact money at risk and the reward before you click.
• Phone trades sized for you - open 0.01 lot from your phone and the panel tops it up to your risk, with the same SL and TP on both. Twenty taps never become twenty times your risk: your risk is capped per symbol and direction.
• Every trade protected - trades opened without a stop (phone, web or desktop) get your SL and TP automatically, on every symbol, sized to that symbol's volatility.
• Prop-firm guard with presets - FTMO, FundedNext, The5ers and FXIFY presets, or your own limits. Daily loss, max drawdown (static or trailing), daily profit target and max trades per day. On a breach it closes all trades and locks trading.
• News pause - blocks new orders around high-impact releases from the MT5 economic calendar, and can close positions before the release.
• Telegram and phone alerts - trade opened, partial closes with lots left, closed with P/L, guard events and a daily report.

Trade management

• Two-level break-even (lock a few points, then lock profit)
• Trailing stop: fixed points, ATR or candle highs/lows
• Two partial take-profits
• Stealth mode: hidden SL/TP, with an emergency stop at the broker that follows your trailing stop
• Close All, Close Winners, Close Losers, Close Buys, Close Sells, Close 50%, Break-even, Reverse, Delete Orders

Order entry

• Market orders in one click
• Drag entry, SL and TP lines on the chart: the panel places a limit, stop or market order automatically
• OCO for breakout setups, optional order expiry, spread filter, hotkeys

Built to be reliable

• Bulk actions are sent all at once, so closing 20 trades is near-instant
• Only one chart manages your trades, even with the panel open on several charts
• Stops and progress survive restarts
• Scales to your screen and fits any chart size, draggable panel
• Works on forex, gold, indices, oil, crypto and any MT5 symbol: stops, break-even and trailing adapt to each symbol; hedging and netting accounts

Requirements

• MetaTrader 5 on Windows (or a Windows VPS for 24/7 management)
• Algo Trading enabled
• For Telegram: allow https://api.telegram.org in Tools > Options > Expert Advisors

Important

The prop-firm guard acts on the whole account and is off by default. Firms change their rules: check your firm's current rules before choosing a preset. A trade manager controls risk; it does not make losing trades win.

Full user manual: https://www.mql5.com/en/blogs/post/779399

Questions? Leave a comment on this page or send me a private message on MQL5.

Also try our free indicator Dorado Trend.