Market / MetaTrader 5 / Utilities /

Forex Trade Manager MT5

78 purchases per month

99 USD

Demo downloaded: 7 881

Published: 31 May 2019

Current version: 3.40

Forex Trade Manager MT5

4.97

Utilities
InvestSoft
Version: 3.40
Updated: 14 October 2024
Activations: 10

Welcome to Trade Manager MT5 - 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 MT5 adapts to your needs, offering flexibility across all markets, from forex and indices to commodities and crypto.

With Trade Manager MT5, 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.

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chr1zzzzzz 2024.10.29 13:03 #

I love this Manager, I used it already on MT4 and it works perfect. No calculation anymore, always sure to have an SL and also the BE and Trailing functions helped me, do make my trading much more efficient. My psychology for trading did also a Hugh development with this Trade Manager - set and forget - . I had once in MT4 & now in MT5 version a technical issue and Dennis from the Support Team helped me immediately. Very Fast and very professional. I really appreciate it. Great Job

chhabra.shekhar 2024.10.22 16:16 #

Must have

Anna Janes 2024.10.17 21:48 #

What a incredible tool. It took my trading to another level. After you press buy or sell it basically trades for you and manage your trades exactly how you set them up. There are so many options to choose from. Denis is always there to help, he is friendly and polite. He will answers every, even the most silly question without any problem and will point you in the right direction, when you struggling to understand something. Overall excellent! I would not hesitate to buy the tool again.

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"TPA Sessions" indicator is a very important tool to complement "TPA True Price Action" indicator . Did you ever wonder, why many times the price on your chart suddently turns on a position you can't explain? A position, where apparently no support or resistance level, or a pivot point, or a fibonacci level is to identify? Attention!!! The first run of the TPA Session indicator must be in the open market for the lines to be drawn correctly. Please visit our blog to study actual trades wit

50 USD

"TPA Sessions" indicator is a very important tool to complement "TPA True Price Action" indicator . Did you ever wonder, why many times the price on your chart suddently turns on a position you can`t explain? A position, where apparently no support or resistance level, or a pivot point, or a fibonacci level is to identify? Attention!!! The first run of the TPA Session indicator must be in the open market for the lines to be drawn correctly. Please visit our blog to study actual trades with

50 USD

This is the forex visual orders tool & forex position size (lot) calculator with intuitive panel. Risk Reward Ratio Indicator works on all kind of symbols: currency pairs, indices, metals, commodities, cryptocurrencies, etc. If you want to make sure that Risk Reward Ratio Indicator works on your favorite symbols contact us ( visit our profile ) and ask for 7-day free trial to test this tool without limits. If you want to place orders easier, faster and more intuitive? If you like to mark tr

30 USD

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chr1zzzzzz 2024.10.29 13:03 #

schallinsel 2024.10.24 13:11 #

I am very satisfied with the product, as it allows me to execute my trading style without taking on incalculable risks.

chhabra.shekhar 2024.10.22 16:16 #

Must have

Anna Janes 2024.10.17 21:48 #

219

JINHAU TEW 2024.10.17 16:49 #

Very useful tools and nice support, I will leave another review again! Keep the good work up!

Nishantrty 2024.10.09 10:47 #

Very good Trade Manager. Met all my expectations. Denis is phenomenal as a Support.

dxbdealz2022 2024.10.09 08:34 #

Before I used their Demo, No doubt Trade manager is fantastic, Its almost covered all trade management which a trader need to be used, as well as support is very responsive.

Steve Swindon 2024.10.08 11:02 #

I've been using this for just over a week and only to close and open trades quickly. It is very easy to set up and the user support is superb. I can see this offering me some very clever trade management functions and, at the price, it is a bargain.

Oly.FX 2024.10.04 11:39 #

This product is great and easy to use. It's so complete I believe I need to learn more to fully understand all its functionalities, but for what I do, with 3 partial taking profits, and move SL to breakeven, it does the work flawless. Thanks to Denis who always answer all the questions quickly and patiently. Sure a game changer.

811

JCJ 2024.10.03 07:33 #

Convenient trading tool, makes everything easier when trading, great user guide as well. Downside is that the EA uses a lot of RAM.

MattyJ1971 2024.10.02 19:44 #

Firstly, Denis at support was excellent when I didn’t know how to move a box. Turns out I could just drag it given the product is so easy to use. His response time was almost instant. Second, the product itself does exactly what I want it to and keeps my risk management in check. I also know that as I get more experienced in the types of trade I want to take that there are still many bits of the Forex Trade Manager that I have yet to explore and use. Well worth the money!

Conor 2024.10.01 20:25 #

I've always traded on either Tradingview or Ctrader so when I had to move to MT5 I was having issues with position sizing, I trade on the lower timeframes so couldn't afford the time it was taking to work out the position size. Trade Manager solved all that and then some, it really is worth the money, it does a lot more than just work out trade volume, it makes MT5 so much more user friendly and as an added bonus when I had a question about setting it up on the platform, Denis from the support team responded quickly and solved my problem straight away. Overall, very impressed!

125

Veronica Castro 2024.09.30 19:34 #

I fell inlove with trade manager, it is really handy with managing trades plus the updates are on point too. Now, I love it more knowing that after sales support is superb. Thanks to Denis he's so patient and helpful. This is worth every penny. More power guys!

LightningXCRTS 2024.09.30 17:47 #

This EA is a must-have! It made trading on MT5 much easier. Very responsive support. Highly recommended!

jaanboy321 2024.09.30 11:50 #

Gamechanger! A very complete product, with responsive, quality support.

embersglow9995 2024.09.27 17:56 #

It is a great product, smooth and responsive. It enhances my experience of trading. Good support, too.

brianmt5 2024.09.27 16:22 #

I'm glad I found this tool. It is extremely extensive and actually worth much more than the 99 bucks. I definitely recommend it. Keep up the good work.

SImonson 2024.09.26 18:20 #

I've been using the Forex Trade Manager, and what I love most is the feature that allows you to set a fixed amount in cash for the stop loss. No matter how you move the lines, the loss always stays at the desired $ size, and the lot size adjusts accordingly. This makes managing risk so much easier! There are many other great tools in the program that simplify trading and help you stay disciplined. The customer support is also top-notch—super fast and patient, even when explaining things that aren't directly related to the software. Highly recommend!

joset95 2024.09.25 08:57 #

I purchased the "Trade Manager" software to simplify position management in MT5, and my experience has been excellent so far! I needed to customize a few parameters, and Denis provided precise guidance that made the process quick and easy. The software offers a wide range of features, and I'm more than satisfied with the purchase. I’ll definitely continue using it as it has proven to be a valuable tool!

alexhillel 2024.09.24 20:53 #

I've been using this manager for a few weeks, and it's absolutely perfect, and blows away all trade managers I've used before. So many (useful!) features, and somehow incredibly easy to use at the same time. Great value too.

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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
- added ability to confirm the new opening price with the Enter key
- fixes and improvements

Version 3.39 2024.02.21

- 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 3.31 2021.10.21

- fixed an issue with saving settings for a pending orders

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