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Forex Trade Manager MT4

4.98

Welcome to Trade Manager MT4 - the ultimate risk management tool designed to make trading more intuitive, precise, and efficient. This is not just an order placement tool; it's a comprehensive solution for seamless trade planning, position management, and enhanced control over risk. Whether you're a beginner taking your first steps, an advanced trader, or a scalper needing rapid executions, Trade Manager MT4 adapts to your needs, offering flexibility across all markets, from forex and indices to commodities and crypto.

With Trade Manager MT4, complex calculations become a thing of the past. Define your trade by marking entry, stop loss, and take profit levels with simple, draggable lines. Set your risk, and Trade Manager instantly calculates your position size and shows real-time SL and TP values in pips, points, or account currency. Every trade is organized and managed effortlessly.

Key Features:

  • Position Size Calculator: Determine trade size instantly based on defined risk, so you never have to guess.
  • Easy Trade Planning: Plan trades directly on the chart with draggable horizontal lines for entry, stop loss, and take profit.
  • Real-Time Display of SL and TP: View stop loss and take profit in account currency, pips, or points for easy analysis.

Advanced Protection Tools

  • Break Even Options:
    • Basic Break Even: Protect your profits with automatic breakeven placement.
    • Multi-Level Break Even: Set up to 4 levels for increased security as your trade progresses.
  • Trailing Stop Variations:
    • Basic Trailing Stop: Adjust with each price move.
    • Multi-Level Trailing Stop: Customize up to 4 levels.
    • Trailing Stop Following Highs and Lows: Adapt to market momentum.
    • Moving Average-Based Trailing Stop: Tailored for trend-followers.
    • ATR-Based Trailing Stop: Account for market volatility.
    • Partial Closure Trailing Stop: Lock in gains progressively.
  • Partial Take Profit and Stop Loss: Secure profits gradually with partial TP and SL adjustments.

Stealth and Efficiency Tools

  • Hidden Mode: hide SL and TP, and pending orders to prevent "stop loss hunting".
  • Automated set SL and TP for External Orders: Protect orders opened by mobile or other EA.
  • Trailing Pending Orders: Allow pending orders to follow current price dynamically.

Precision Trade Execution

  • Limit Pullback Orders (LPO): Gain better entry prices by waiting for strategic pullbacks.
  • Quick Trade Closure: Close all trades, or choose specific profitable, losing, buy, or sell trades with one click.
  • One-Click Pending Order Deletion: Clean up pending orders instantly.
  • Large Trade Splitting: For high-volume accounts, split large trades into manageable portions.

Efficiency and Customization

  • Save and Load Settings Templates: Simplify repeated tasks with customizable templates.
  • OCO (One Cancels the Other): Automatically cancel opposite pending orders when one is activated.
  • Risk-to-Reward Ratio Management: Maintain a balanced risk-to-reward ratio with each planned trade.

Trade Manager’s simplicity, combined with cutting-edge risk management features, is why we are one of the top-rated tools on the MQL5 Market. Our customers rave about the intuitive design, reliable lot size calculator, and responsive support team.

Explore the “Reviews” tab to see why traders worldwide rely on Trade Manager EA to gain an edge. Ready to experience it for yourself? Contact us via our profile for a free 7-day trial.


Reviews 451
Meilyr
19
Meilyr 2025.02.26 18:34 
 

This is a very solid product and I highly recommend it. The interface is very clear, uncluttered and intuitive to use. I tested many other trade managers but kept coming back to this one. Everything you need to manage a trade is in front of your eyes, on one panel, so you don’t have to flick through tabs to get things done. This was important to me as was having an easily accessible ‘Close All’ button. Denis at InvestSoft provides excellent product support. He answers emails very quickly and goes above and beyond in his answers to any questions.

antoine navarra
43
antoine navarra 2025.02.22 12:37 
 

love it work very well........

WarungTradersGroup
53
WarungTradersGroup 2025.02.19 03:32 
 

the best ever tool to trade! without trade manager, i even didnt have the courage tp place entry. Tq Denis and janusz ! u guys are incredible !

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The program is use to copy trading from MT4   to MT4 and MT5  on local PC or copy  over the Internet.   Now you can easy copy trades to any where or share to friends. Only run one Flash Server on VPS, also need allow the apps if you turn on Windows Firewall. Can not add more than 20 account copier to server, include both  MT4 and MT5 Get free Copier EA for MT4 and MT5 (only  receive signal),   download here Instants copy, speed smaller 0.1 seconds, easy to setup How to setup and guide Let read a
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Meilyr
19
Meilyr 2025.02.26 18:34 
 

This is a very solid product and I highly recommend it. The interface is very clear, uncluttered and intuitive to use. I tested many other trade managers but kept coming back to this one. Everything you need to manage a trade is in front of your eyes, on one panel, so you don’t have to flick through tabs to get things done. This was important to me as was having an easily accessible ‘Close All’ button. Denis at InvestSoft provides excellent product support. He answers emails very quickly and goes above and beyond in his answers to any questions.

antoine navarra
43
antoine navarra 2025.02.22 12:37 
 

love it work very well........

WarungTradersGroup
53
WarungTradersGroup 2025.02.19 03:32 
 

the best ever tool to trade! without trade manager, i even didnt have the courage tp place entry. Tq Denis and janusz ! u guys are incredible !

Dannyvw2
19
Dannyvw2 2025.02.17 14:20 
 

The software is very powerful and easy to use. The customer service is awesome. Highly recommended!

Christopher Asucro
115
Christopher Asucro 2025.02.05 15:19 
 

For a long time that I looking for a trader assistance that can help my trade, I found you.. easy to use and having a peace of mind after entering a trade, watching the trailing stop following the price = perfect!, and the customer service responds quickly.. I recommend this to everyone..

YanniX
19
YanniX 2025.02.04 19:03 
 

Fantastic software, flexible, very user friendly. Great follow up customer service, many thanks Denis !

alexcollin
19
alexcollin 2025.01.30 13:56 
 

If there is anyone with more patience than Denis at TradeManager, my hat is off to them! I had not traded for 2 years caused by cancer and my TradeManager would no longer load. I emailed them and they showed me how to update the software and now back to trading with the updated TradeManager, Thank you Denis!!!!!!!!!!

esbee
136
esbee 2025.01.29 14:54 
 

Forex Trade Manager is a highly customizable tool that will allow you to easily automate position sizing and trade management. Highly recommended!

Tevin Delahaye
23
Tevin Delahaye 2025.01.24 12:38 
 

Great product, works as advertised. Support is very responsive, dennis reached out and helped me within minutes of contact.

qwerty925
56
qwerty925 2025.01.15 07:36 
 

will be using it my whole life and amazing support!

mila
220
mila 2025.01.10 20:11 
 

Amazingly great advisor.I can't imagine how I could trade without it.At first I thought I would never figure it out,but this is forgivable for blondes))). Denis helped a lot by suggesting some points.Thank you very much!!!

graffm
44
graffm 2025.01.10 17:22 
 

Great, very comprehensive EA, can do much more than I use, what I use works excellently. The support (Denis) responds to questions incredibly quickly and helpful.

DTB
21
DTB 2025.01.02 15:42 
 

Product works great and the customer service is highly responsive and prompt! All my questions were answered within 24hrs. I definitely recommend

Arulmani Natarajan
23
Arulmani Natarajan 2024.12.31 10:01 
 

Customizable tool that will allow you to easily automate position sizing and trade management. recommended! Flexible, user friendly. Great follow up customer service.

modebola
79
modebola 2024.12.30 19:24 
 

An exceptional trade management tool! It simplifies lot sizing, SL/TP settings, and execution. Denis provides top-notch support, always responsive and professional. Highly recommend for all traders!

gjeffery
19
gjeffery 2024.12.30 13:41 
 

After only a few hours of trading using this manager , I was ready to switch from a trail version to a live paid vision. Excellent communication and support from start to finish. I truly am saving time entering my positions and setting up multiple TP levels with ease. Best ever . Thanks Team

SHERRYAWUDU
19
SHERRYAWUDU 2024.12.23 13:56 
 

GREAT software which makes trading easier and put your Risk management on a new level....just draw the line and trade (fascinating) ......BIG UPS TO man like Denis ....dude be replying my emails instantly like a bot......Great support

sayed ali
43
sayed ali 2024.12.13 11:37 
 

Great

mostwantedfx
39
mostwantedfx 2024.12.05 14:47 
 

Absolutely brilliant trade manager, I couldn’t live without it to be honest. Makes placing trades so easy. Also the support is amazing, always quick to respond. I’ve just requested a custom addon feature and they’ve gone above and beyond. Definitely the best trade manager on the market, I’ve tried a few.

lee20081588
19
lee20081588 2024.12.03 15:21 
 

man, it's dream come true using this program to help me through the newbie period of forex trading ! Had some serious problems but got great help from Denis until my problems were solved ! 100/10 stars !!! recommending no doubt !!!! million thanks to Denis and the team !!

Reply to review
Version 3.41 2024.11.06
- fixed issues with the functionality of certain program features after loading settings templates
- fixed the manual partial trade closing function when the "lot" parameter is selected
Version 3.40 2024.10.14
- added saving and loading panel settings – settings templates
- added displaying profit and loss in the "Close Trade" section as currency, pips, or percentage of balance
- added category selection in the "Close Trade" section for Profit & Loss or Buy & Sell
- added keyboard shortcut to the opening price modification window
- fixes and improvements
Version 3.39 2024.02.21
- multi-level Break Even operation fixed
- improved drawing of partial profit closing lines
- added the ability to specify the transaction risk precision (from 0 to 3 decimal digits)
Version 3.38 2023.12.18
- added Multi-level Break Even
- added Multi-level Trailing Stop
- added Trailing Stop following high and lows
- added Trailing Stop based on a Moving Average
- added Trailing Stop based on the Parabolic SAR indicator
- added Trailing Stop based on the ATR indicator
- added Trailing Stop following the partial closing levels of the trade
- hotkeys improvements
- reconstruction of the manual Break-Even and Partial Cosing sections in the main panel
- fixes and improvements
Version 3.37 2023.06.05
- added virtual/hidden pending orders
- added trailing pending orders
- added Limit Pullback Orders
- added automatic correction of the SL and TP distance after placing the market order
- implemented expanding/collapsing sections in the main panel
- added possibility to disable (hide) spread
- fixes and improvements
Version 3.36 2022.12.19
- added hotkeys
- added trading alerts
- added current spread visible in main panel
- new function to include spread in Stop Loss and Take Profit
- new tags to show current profit as % of account balance/equity
- possibility to run cyclic refreshing of SL and TP distance based on ATR
- possibility to modify only SL or only TP for a group of orders
- some fixing and improving
Version 3.35 2022.09.30
- added stealth mode for SL / TP - possibility to hide stop loss or take profit
- added possibility to disable SL / TP
- added automatic SL / TP setting function for orders opened without stop loss and take profit
- possibility to define Trailing Stop parameters as risk reward ("rr")
- possibility to set parameters of partial closing, Trailing Stop and Break Even as price / level
- a new tag has been added that displays the ratio of the current profit to the initial stop loss for a market order
- possibility to modify SL / TP or close a group of orders (buy orders, sell orders, all orders)
- added the possibility of dividing the order into batches of the selected size
- fixed unlimited lot function for pending orders
Version 3.34 2022.04.25
- visualization of partial closing levels on a chart
- new tags have been added to the text configuration
- improvement and optimization of the open/stop/target block operation
- abandoning the transparency of texts on the bars in open/stop/target block
- the possibility of increasing the height of the bars in open/stop/target block
- correct work with chart templates
- added possibility to trade a lot greater than max. allowed lot (divided into few trades).
Version 3.33 2021.11.11
- fixed bugs and improved operation of the open / stop / target block
Version 3.32 2021.10.29
- fixed the behavior of the bars at the order opening price when scrolling the chart (it keeps fixed localization)
- fixed the display of the open / stop / target block when scrolling and scaling the chart
- the location of the panel window was taken into account when adding information bars for orders. When the panel is displayed on the right, bars are added at the left edge of the chart and vice versa
Version 3.30 2021.10.21
- information bar for each order placed
- the possibility of modifying the order by dragging the lines on the chart
- an additional panel for managing individual transactions, allowing you to set separate settings for each order.
- changing the operation rule for automatic Break Even. After the execution of the Break Even function, it is turned off, which allows for further "manual" control of the stop level.
- in the parameters of partial closing, you can use the "rr" unit when determining the activation level with the active Trailing Stop and Break Even (the program remembers the initial stop loss)
Version 3.20 2021.05.28
- new additional options of panel zoom: 80%, 200%, 225%, 250%
- added a dialog box where you can set the exact level of the opening price (showing by a Ctrl+left-click on the open bar)
- including commission in lot calculations
- two pin states SL and TP: a single click on the pin is a SL / TP pinned that can be moved with the mouse; a double click is an SL / TP pinned without the possibility of moving the mouse
- support for symbols with lot lower than 0.01
- improvement of the prefix and suffix auto-detection procedure
- exclusion of the import of SL and TP values from the settings of other symbols
Version 3.1 2021.04.01
- fixed issue with panel maximise at big screen resolution
- improved a block/lines drawing for some cases
Version 3.0 2021.03.30
- new look for the open / stop / target line
- reverse button at the open line to flipping long / short position
- pin button at the stop and target for pinning levels separately
- no need to double-click the line with the left mouse button before moving
Version 2.41 2020.10.27
- fixed issue with BreakEven (percent and RR option)
- improved display of text on buttons on high screen resolutions
- fixed problem of the panel hiding behind the char area with zoom greater than 100% and right alignment
- improved calculation formula for "Futures"
Version 2.40 2020.10.23
- added OCO (One Cancels the Other) function
- drawing and clearing lines (open, stop and target) is on the one button
- trailing stop: activation parameter as % of distance to TP and parameter trailing as protection of % of earned profit.
- ability to disable button to open market orders when lines (open, stop and target) are drawn on the chart (pending orders only)
- ability to set max. lot size. If this size is exceeded, a warning message box will appear.
- display on the lines the amount value in the account currency of the stop and target without cents
- display stop and target as a % of the account balance or equity
- the third option for setting the distance of partial order closing and breakeven activation: Risk Reward (rr)
- break even offset as % of earned profit ("Profit" parameter)
Version 2.31 2020.10.02
- fixed an issue with "Move SL to BE" option
Version 2.30 2020.09.25
- added SL/TP fields to the panel
- add comment field into the panel
- add option to place open line x pips below/over candle
- handling different order filling types (only MT5 version)
- improved partial closing algorithm to handle also trades without SL/TP
- improved calculation formula for "Futures" and optimized orders closing procedure
Version 2.20 2020.08.14
- added an option to automatically close a part of open orders
- added a button on the panel for manual closing a part of open orders
- added a button on the panel for manual moving Stop Loss to Break Even.
Version 2.11 2020.07.09
- improved panel visibility on high screen resolution. In the Trade Manager's settings window there is possible to choose 1 of 4 variants of panel zoom: 100%, 125%, 150%, 175%
- bug fixes
Version 2.1 2020.06.23
- 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;
- automatically hide lines after order fill (as an option default on);
- automatically minimize panel after order fill (as an option default off);
- 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;
- moved "close" buttons set to the first tab to make all open and close buttons available without need to switch between tabs;
- new tab: config;
- moved Risk Reward Ratio parameter from settings window to config tab;
- moved Allowed Risk % from settings window to config tab;
Version 2.0 2020.04.29
- adding break even and trailing stop options
- window reduction in a minimized state
Version 1.1 2020.03.26
- buttons for quick open BUY/SELL orders (without drawing lines on chart)
- 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)
- remembering state of panel when changing chart timeframe