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ManHedger MT5

199 USD

Demo downloaded: 432

Published: 27 July 2023

Current version: 5.16

ManHedger MT5

Name: ManHedger MT5
Price: 199.00 USD
Rating: 4.8 (5 reviews)
Author: Peter Mueller

4.8

Utilities
Peter Mueller
Version: 5.16
Updated: 16 December 2025
Activations: 20

THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT.

Manual & Test Version

Please TEST this product before BUYING and watch my video about it.

The price of the ManHedger will increase to 250$ after 20 copies sold.

Contact me for user support or bug reports or if you want the MT4 version!

MT4 Version

I do not guarantee any profits or financial success using this EA.

With this Expert Advisor, you can:

Implement your own Zone Recovery strategy to capitalize on trending markets.
Create Grid trading strategies, to profit from ranging markets.
Place orders easily and clearly.
Display your trades/strategies on the chart.
Display your Take Profits/Stop Losses as a percentage.
Display volume in monetary amount.
Use Trailing StopLoss and Riskreward ratios.
Manage your open trades & pending orders
Limit your Drawdown & Profits
Create Hedging Strategies
Open trades with partial takeprofits
Open trades with automatic breakeven

This tool has helped me solve many of my own problems, and now I'm trying to help others as well. It can function as both a trade manager and a trading bot at the same time.

The trading strategy I use this utility for is based on the following idea: Most people lose trading forex. Betting against the sentiment with grid strategies seemed to be a profitable strategy for me. Zone Recovery strategies excel at trending market conditions. This is a huge advantage, because predicting direction is much harder than predicting high volatility. Initialising Zone Recovery strategies before news events is another key element of my personal trading strategy.

My advice for using the product:

When interpreting zone recovery or grid strategies, it is advisable to set a risk much higher than the gain, with a recommended Risk-Reward ratio of at least 15:1.
When changing the gain or risk of a running strategy, it is not recommended to set a much higher gain or a much lower risk, as it may have negative effects on the well-calculated strategies.
I do not recommend running zone recovery and grid strategies at the same time on the same security.
Setting the EA for the same securities multiple times with the same magic numbers may result in unexpected errors. (The EA distinguishes other EAs with the help of symbols and magic numbers).
I do not recommend using the grid strategy with an Orderstep or Density set too high, as the starting order may be too small.
I recommend using the EA for securities which have the account currency as either the base or margin currency.
With price changing the size of a lot in your base currency may change, re-enter the volume if you are calculating in monetary amount.
Don't remove Expert/close chart/close MetaTrader, when a strategy is running.
If the Balance is 0 the Expert won't work.

If you encounter any issues or have any feedback, recommendations, or questions regarding the program, please do not hesitate to contact me. I am committed to addressing any concerns and fulfilling your requirements to ensure the best possible experience with the product.

I'm constantly trying to improve this product and new versions can be expected.

I hope I could be of assistance, and that you will find this utility useful.

#Tags: Grid Tool Manual Grid Grid Manual Hedge Tool Hedge Manual Manual Hedge Hedging tool Strategy Builder grid strategy creator hedge strategy trade manager order manager visual display order display trade management trailing stop trailing sl riskreward tool prop firm challenge prop challenge trade assistant order grid management grid trading equity protector protect equity risk manager risk tool drawdown protect drawdown limiter close all sl breakeven partial takeprofit partial tp partial sl modify trade modify, trade manager

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Tohir Dwi 2024.06.27 15:51 #

great project and tools, keep upgrade to be much better...

218

Jacques Van Echteld 2024.03.17 10:31 #

Very good and usefull ea!

572

Valentin Popa 2024.02.15 22:20 #

Very good EA.

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The Trade Manager Interface is a free utility designed to simplify manual trading in MetaTrader. MT4 Version Available Please leave a review, if you like the trade manager. It allows traders to visualize trades directly on the chart, calculate position size automatically, and manage orders with advanced features such as partial take profits, automatic breakeven, and trailing stops. For more advanced features check out: ManHedger This tool focuses on risk control and execution precision, making

FREE

The Supply and Demand Zone Indicator is a powerful and easy-to-use tool designed to help traders identify critical supply and demand zones on the chart. These zones can provide valuable insight into potential market reversals, breakouts, and important price levels where buyers or sellers are likely to take control. The best FREE Trade Manager . If you want to create your own Hedging or Grid strategies without any coding make sure to check out the ManHedger Key Features: Automatic Zone Detect

FREE

THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before BUYING and watch my video about it. Contact me for user support or bug reports, or if you want the MT5 version! MT5 Version I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own Zone Recovery strategy to capitalize on trending markets. Create Grid trading strategies, to profit from ranging markets. Place orders easil

199 USD

This is an automated trading system for MetaTrader based on an objective and rule-based definition of support and resistance levels. I do not guarantee any profits using this Expert Advisor. Manual & Recommended Broker SET FILES Check out my other free products aswell! Strategy Logic This EA defines resistance as the highest price within a predifined number of recent candles, confirmed by a predefined downward movement. Support is defined symmetrically using the lowest price and an upwar

FREE

The Trade Manager Interface is a free utility designed to simplify manual trading in MetaTrader. Please leave a review, if you like the trade manager. It allows traders to visualize trades directly on the chart, calculate position size automatically, and manage orders with advanced features such as partial take profits, automatic breakeven, and trailing stops. This tool focuses on risk control and execution precision, making trade management faster and more efficient. For the advanced trade

FREE

With this easy to set up indicator you can display and set alerts for the following candlestick formations: Bull Breakout, Bear Breakout, Hammer, Pin, Bullish Engulfing, Bearish Engulfing. Input parameters: ShortArrowColor: The color of the Arrows, displaying a Bearish candle formation LongArrowColor: The color of the Arrows displaying a Bullish candle formation BullishEngulfing: Disabled/Enabled/EnabledwithAlert BearishEngulfing: Disabled/Enabled/EnabledwithAlert Pin: Disabled/Enabled/Enabledw

FREE

With this easy to set up indicator you can display and set alerts for the following candlestick formations: Bull Breakout, Bear Breakout, Hammer, Pin, Bullish Engulfing, Bearish Engulfing. I'd appreciate if you would review the indicator Input parameters: ShortArrowColor: The color of the Arrows, displaying a Bearish candle formation LongArrowColor: The color of the Arrows displaying a Bullish candle formation BullishEngulfing: Disabled/Enabled/EnabledwithAlert BearishEngulfing: Disabled/Enab

FREE

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Thoriq Jameel 2024.07.28 07:24 #

This EA have potential to make money, but still need updates to make more stable, need more option in hedge mode, sometimes we need sqeeze, and sometimes sqeeze becomes a problem, if this option is managed to off, in trade running will make more beneficial to trader, just my option, overall great tool to have for every trader. scalping or daytrading.

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Reply from developer Peter Mueller 2024.07.28 14:40 #

Thank you for your honest review! I can not find a good for all solution for the squeezing in hedge, I'm open for all recommendations

Tohir Dwi 2024.06.27 15:51 #

great project and tools, keep upgrade to be much better...

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Reply from developer Peter Mueller 2024.06.27 18:53 #

Thanks a lot for the review

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Juan Carlos del Carmen 2024.05.22 13:14 #

It is an useful EA if you understand it properly and definitely I recommend as the same author recommended initially to me from the start to test ManHedger Trader in a demo account to at least get familiar and trained in the different modes available before trading a actual account with trading capital on it. Peter the autor has been very responsive, supportive and open to new suggestions from my side. What's more, I got plenty of support from the very beginning from him even with the demo Man Hedger Trader. So far, hedging was not used yet in my toolbox and I definitely recommend to use hedging in particular cases where for instance you already have loosing trades and your trading systeam has already failed in order to lock in the Equity Drawdown, free up trading margin in your account and mitigate tail risk.

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Reply from developer Peter Mueller 2024.05.22 13:15 #

Thanks a lot for the review

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Jacques Van Echteld 2024.03.17 10:31 #

Very good and usefull ea!

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Reply from developer Peter Mueller 2024.03.17 23:10 #

Thanks for taking your time and writing a review, I appreciate it!

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Valentin Popa 2024.02.15 22:20 #

Very good EA.

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Reply from developer Peter Mueller 2024.02.16 10:34 #

Thank you very much for your review, it means a lot to me!

V2DAY 2023.12.07 22:03 #

User didn't leave any comment to the rating

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Darko Licardo 2023.11.20 11:06 #

User didn't leave any comment to the rating

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Reply from developer Peter Mueller 2023.11.20 11:18 #

Thank you very much for your review, means a lot to me!

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Mustafa Nail Sertoglu 2023.09.19 16:48 #

User didn't leave any comment to the rating

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Reply from developer Peter Mueller 2023.09.19 16:52 #

You can contact me in PM anytime if you have any problems. I'd be happy to help you set the EA up, and help you resolve your problems.
Best regards,
Peter

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Hezbon Ogwari Magajo 2023.09.17 12:22 #

User didn't leave any comment to the rating

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Reply from developer Peter Mueller 2023.09.17 12:44 #

Thank you very much for the review :)

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H.L.H 2023.08.08 13:56 #

User didn't leave any comment to the rating

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Reply from developer Peter Mueller 2023.08.08 15:08 #

Thank you very much!

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Andre Schinkel 2023.08.08 08:01 #

User didn't leave any comment to the rating

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Reply from developer Peter Mueller 2023.08.08 11:39 #

Thank you for the review!

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Duy Dong Dao 2023.08.07 16:06 #

User didn't leave any comment to the rating

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Reply from developer Peter Mueller 2023.08.08 00:17 #

Thanks for the review