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EA Trade Manager MT4 & MT5

  • #1
  • Quote
  • First Post: Edited Jul 27, 2022 5:58pm Mar 27, 2020 8:38pm | Edited Jul 27, 2022 5:58pm
Do you think that placing orders and managing open transactions could be easier in the metatrader?

Do you think you need a simple and intuitive tool that will allow you to handle transactions in one place?

There is solution, it is EA Forex Trade Manager.

Whit this tool you can:

  1. easy to plan each transaction
  2. calculate how much you can gain and how much you loss on one trade just before you decide to open it (money management)
  3. opening trades quickly
  4. manage opened trades


Inserted Video


Forex Trade Manager has:

  1. intuitive, visual determination of Stop Loss and Take Profit levels;
  2. a modern algorithm that effectively determines the risk of trading before it is executed;
  3. determination of the value of trade;
  4. precise calculation of the risk to reward ratio;
  5. the ability to open and close transactions from one panel, quickly and very intuitively.


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The program was built based on a very ergonomic interface. You only need a moment to understand all the functions and open your first trades. Forex Trade Manager works perfectly with MetaTrader 4 and MetaTrader 5 platforms. This product is the result of many months of hard work of the best financial markets specialists. From the beginning, our goal was to create a tool that will be adapted to all traders' needs. The simplicity of functionality hides very modern and advanced algorithms that have been developed based on our extensive experience. The program significantly automates the trading process and helps to accurately assess the risk without wasting time on a complex analysis.

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---- EA Trade Manager for MT4 ----------------------- Price: $99 ----------------- BUY
---- EA Trade Manager for MT5 ----------------------- Price: $99 ----------------- BUY

---- EA Trade Manager for MT4 3 months rent ------- Price: $30 ------------------ RENT
---- EA Trade Manager for MT5 3 months rent ------- Price: $30 ------------------ RENT
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  • #2
  • Quote
  • Mar 31, 2020 7:44pm Mar 31, 2020 7:44pm
The latest version of Forex Trade Manager MT4 & MT5 is version 1.1 includes:

  1. buttons for quick open BUY/SELL orders (without drawing lines on chart)
  2. automatically adjust open price, stop loss and take profit to the nearest valid price. e.g. when price is quoted with 2 decimal points, but tick size is 0.25 (mainly for CFD)
  3. remembering state of panel when changing chart timeframe

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  • #3
  • Quote
  • May 5, 2020 7:53pm May 5, 2020 7:53pm
EA Trade Manager ver. 2.0 is now available.

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It contains new functions:

  1. trailing stop
  2. break even

Trailing stop have 3 params to set:

  1. Start: number of pips of profit to activate trailing stop
  2. Trailing: when trailing stop will start and move stop loss, here we can define a distance of stop loss to current price
  3. Step: how many pips of profit causes the move of stop level, i.e. how often stop loss is to be moved

For example. Set parameters:

Start = 10 pips
Trailing = 20 pips
Step = 5 pips

When order will reach 10 pips profit stop loss will be move to distance 20 pips from current price, so in the worst scenario when price will back we lost only 10 pips).

When price will move 5 pips upper, we will have 15 pips of unrealized profit and stop loss will be moved a 5 pips closer to current price, so in this worst scenario when price will back we lost only 5 pips...
...and so on

EA Trade Manager has a 2 variants of Break Even:

  1. break even based on pips of profit
  2. break even based on % of distance to Take Profit

In first case we set the amount of pips profit when manager should move Stop Loss to Break Even, e.g. 20 pips of profit will activate Break Even.
In second case we can set that if current price will reach e.g. 50% of distance from order open price level to take profit level, EA Trade Manager will activate Break Even.

#trade #manager #mt4 #mt5

---- EA Trade Manager for MT4 ----------------------- Price: $99 ----------------- BUY
---- EA Trade Manager for MT5 ----------------------- Price: $99 ----------------- BUY

---- EA Trade Manager for MT4 1 month rent ------- Price: $15 ------------------ RENT
---- EA Trade Manager for MT5 1 month rent ------- Price: $15 ------------------ RENT

  • #4
  • Quote
  • Jun 6, 2020 5:59am Jun 6, 2020 5:59am
We have increased the amount of Activations for Trade Manager MT4 and Trade Manager MT5 from 5 to 10. It means that Trade Manager can be run at on any number of mt4/mt5 accounts (here is without limit as it was) and up to 10 different computers/devices.
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  • #5
  • Quote
  • Jun 8, 2020 6:50pm Jun 8, 2020 6:50pm
Contact us to get free 7-day trial of Trade Manager. Specify if you are using MetaTrader 4 or MetaTrader 5.

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  • #6
  • Quote
  • Jun 23, 2020 7:34pm Jun 23, 2020 7:34pm
The new version of EA Trade Manager is now available.

What's new in version 2.1:

  1. flexible line texts configuration. Now it is possible to display distances as price, in pips and in points or in account currency. Also it is possible to display risk reward ratio value and lots;
  2. automatically hide lines after order fill (as an option default on);
  3. automatically minimize panel after order fill (as an option default off);
  4. possible set default distance of stop loss & take profit lines when drawing it on chart as fixed value in pips or a multiple of the ATR value. ATR parameters to set in Trade Manager settings window;
  5. moved "close" buttons set to the first tab to make all open and close buttons available without need to switch between tabs;
  6. new tab: config;
  7. moved Risk Reward Ratio parameter from settings window to config tab;
  8. moved Allowed Risk % from settings window to config tab;


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More details about the new version soon.

#trade #manager #assistant #mt4 #mt5
#risk #reward #ratio #tool

---- EA Trade Manager for MT4 ----------------------- Price: $99 ----------------- BUY
---- EA Trade Manager for MT5 ----------------------- Price: $99 ----------------- BUY

---- EA Trade Manager for MT4 1 month rent ------- Price: $15 ------------------ RENT
---- EA Trade Manager for MT5 1 month rent ------- Price: $15 ------------------ RENT
  • #7
  • Quote
  • Jul 7, 2020 1:12am Jul 7, 2020 1:12am
Inserted Video


Here it is a new video presenting new features included in Trade Manager 2.0 and 2.1:

  1. Break Even with 2 variants:

* break even based on pips of profit

* break even based on % of distance to Take Profit

  1. Trailing Stop:
  2. Close buttons was moved to the main tab to open and close orders without having to switch between panel tabs
  3. new "CONFIG" tab where can be easy set:

* Risk Reward Ratio value (when option R:R is enabled and Trade Manager keep fixed Risk Reward Ratio in SL & TP),

* acceptable Risk % - percent of acceptable risk

* default lines distance

* lines' texts

  1. Automatic lines hiding after order fill
  2. Automatic panel minimize after order fill
  3. Can define default distance when drawing lines on a chart. It can be set as fixed values (separately for SL & TP) in pips or as multiple of ATR.
  4. Flexible configuration of lines' texts.


#trade #manager #assistant #mt4 #mt5 #risk #reward #ratio #tool #riskrewardratio

  • #8
  • Quote
  • Jul 17, 2020 4:53pm Jul 17, 2020 4:53pm
DISCOUNT 20%

On July 18 and 19, 2020, our EA Trade Manager for a risk management with automatic lot calculation and manage opened orders in metatrader is discounted by 20% and its price is only $ 79.
-------------------------------------------------------------------------------------
Trade Manager for MT4: https://www.mql5.com/en/market/product/37228
Trade Manager for MT5: https://www.mql5.com/en/market/product/39150
-------------------------------------------------------------------------------------
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  • #9
  • Quote
  • Jul 18, 2020 5:37am Jul 18, 2020 5:37am
Discount 20% for Trade Manager is now available.
  • #10
  • Quote
  • Jul 23, 2020 6:05am Jul 23, 2020 6:05am
In Trade Manager version 2.11 we have solved the problem of panel size on high screen resolutions by introducing the zoom panel option:
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  • #11
  • Quote
  • Jul 24, 2020 8:09pm Jul 24, 2020 8:09pm
This weekend (July 25 and 26, 2020), Trade Manager is back at $ 79.
Due to the fact that many people for various reasons failed to take advantage of the previous Trade Manager discount, we are renewing the promotion.

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  • #12
  • Quote
  • Jul 25, 2020 5:22am Jul 25, 2020 5:22am
Discount 20% for Trade Manager is now available.
  • #13
  • Quote
  • Edited 12:24am Aug 15, 2020 12:06am | Edited 12:24am
Trade Manager - partial closing

Partial closing is now available in the Trade Manager.

The partial close is a feature that allows you to only close part of a trade, therefore securing at least a small profit from early close on a portion of that trade or perform a phased exiting from a losing trade.

There are two methods of closing part of trade: manually or automatically.

On the panel in the main tab is button to close part of the trade.
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With automatic setting of partial order closing, we set parameters in the panel and they apply to all transactions.
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We can set up to 4 levels of partial closings in profit and also max. 4 levels of partial closing of trades on a loss.
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Read more on the blog: https://www.investsoft.eu/blog/index...rtial-closing/

#trade #manager #assistant #mt4 #mt5 #risk #reward #ratio #tool #riskrewardratio
  • #14
  • Quote
  • Edited 2:28am Aug 16, 2020 2:17am | Edited 2:28am
Hi, can you talk about placing pending orders with your trade manager, if, as an example I want Sell Pending order to be 5 pips away from the latest swing or certain bar as on the image?

Is there anyway to place it within, say 5 pips from where I point my crosshair?

In this example I want quickly to open Sell Pending order 5 pips under that candle?

I do not want to manually calculate the price.
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  • #15
  • Quote
  • Aug 17, 2020 6:37pm Aug 17, 2020 6:37pm
Hello driven18

That's a good question. At the moment there is no such option in the trade manager, but based on your suggestion, we can add such functionality.

We can add such two variants:

  1. after clicking on the selected candle above its half, the opening line will be set above this candle at a distance of x pips or when clicking below its half, the opening line will be drawn below the candle. The distance from the High or Low candle will be defined in the configuration tab.
  2. after clicking in a given place on the chart, EA will find the local low or high at a distance of n candles from the clicked candlestick and will draw an opening line above the high or below the low at a distance of x pips. Of course, n candles and x pips can be defined in the configuration tab.

Let me know what you think about it.

  • #16
  • Quote
  • Aug 17, 2020 8:28pm Aug 17, 2020 8:28pm
Quoting Gruffydd
Hello driven18 That's a good question. At the moment there is no such option in the trade manager, but based on your suggestion, we can add such functionality. We can add such two variants: after clicking on the selected candle above its half, the opening line will be set above this candle at a distance of x pips or when clicking below its half, the opening line will be drawn below the candle. The distance from the High or Low candle will be defined in the configuration tab. after clicking in a...
I think the first method would work better, as we are clicking on the high/low of the candle that we want to relate to with pending order.
  • #17
  • Quote
  • Aug 18, 2020 5:34am Aug 18, 2020 5:34am
Quoting driven18
{quote} I think the first method would work better, as we are clicking on the high/low of the candle that we want to relate to with pending order.
ok, noted down on to-do list. More Trade Manager updates are in preparation. One of the next updates will include an option suggested by you.
Thanks for your feedback.
  • #18
  • Quote
  • Edited 9:09am Aug 18, 2020 8:40am | Edited 9:09am
Quoting Gruffydd
{quote} ok, noted down on to-do list. More Trade Manager updates are in preparation. One of the next updates will include an option suggested by you. Thanks for your feedback.

Example, I want to click on that white ha candle lower half and see pending Sell 5 pips(as an example for input) lower.

I think it is a great feature, especially for scalping... not many Trade Managers have it.

I also would like for Stop Loss and Profit Target be assigned(in the inputs) and visible on the chart before PA hits the pending price, so when entry happens, SL and TP are also become live.

You can send it to me and I can test it.
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  • #19
  • Quote
  • Aug 18, 2020 6:16pm Aug 18, 2020 6:16pm
Quoting driven18
{quote} Example, I want to click on that white ha candle lower half and see pending Sell 5 pips(as an example for input) lower. I think it is a great feature, especially for scalping... not many Trade Managers have it. I also would like for Stop Loss and Profit Target be assigned(in the inputs) and visible on the chart before PA hits the pending price, so when entry happens, SL and TP are also become live. You can send it to me and I can test it. {image}
You can set stop loss and take profit by moving lines or directly on the panel. Also it is possible to set in configuration tab fixed default SL/TP values.

The question is: there should be always sell order below the candle and buy order below the candle? I mean that click lower half of the candle will draw lines for sell order and click upper half o the candle draw lines for buy order. Of course this is possible to change type of order by moving stop loss line below or over the open line.
  • #20
  • Quote
  • Edited 7:40pm Aug 18, 2020 7:05pm | Edited 7:40pm
Quoting Gruffydd
{quote} You can set stop loss and take profit by moving lines or directly on the panel. Also it is possible to set in configuration tab fixed default SL/TP values. The question is: there should be always sell order below the candle and buy order below the candle? I mean that click lower half of the candle will draw lines for sell order and click upper half o the candle draw lines for buy order. Of course this is possible to change type of order by moving stop loss line below or over the open line.
Most likely pending order I am looking for is Sell below the candle and Buy above the candle. So no Buy Order below the candle.
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