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Forex Trade Manager MT5

81 purchases per month

99 USD

Demo downloaded: 8 180

Published: 31 May 2019

Current version: 3.41

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Overview
Reviews (518)
Comments (652)
What's new

Forex Trade Manager MT5

4.97

Utilities
InvestSoft
Version: 3.41
Updated: 6 November 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.

more...

bojml 2024.12.20 09:41 #

Product and user support is the absolute BEST on the market. MT5 is another platform with it and i can ONLY just recommend this manager. Great tool to control risk, size, TP, BE, TSL. Regards from Bojan, Serbia.

wilmer reyes 2024.12.18 19:43 #

Excellent support, they have helped me with everything, I recommend it 100%

sayed ali 2024.12.13 11:36 #

Great

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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

TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo

168 USD

30 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

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bojml 2024.12.20 09:41 #

Ben 2024.12.19 13:09 #

User didn't leave any comment to the rating

wilmer reyes 2024.12.18 19:43 #

Excellent support, they have helped me with everything, I recommend it 100%

sayed ali 2024.12.13 11:36 #

Great

bawabtfx 2024.12.12 12:45 #

Excellent Product and Great Support! I recently purchased the Trade Manager Ver. 3.41 for MT5, and it has exceeded my expectations! The software is intuitive, powerful, and has streamlined my trading process significantly. It offers all the tools I need to manage trades efficiently, making my experience smoother and more productive. The seller was also very responsive and helpful, addressing any questions I had quickly. It’s clear they care about providing a quality product and ensuring customer satisfaction. Highly recommend this software to anyone looking to take their trading to the next level!

Ayoub Shuayb 2024.12.10 15:18 #

A perfect trade-manager for anyone trying to take trading to the next level. With the help from Denis i was able clear out all my questions as am very new to a trade manager. I highly advise any trader to get this for it makes everything easier for you.

Masood Feizollahzadeh 2024.12.10 07:02 #

Great EA, Thanks to the excellent support Denis. He is very kind and supportive, he replies and helps me very fast. Keep the good work. Thank you very much.

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uvstockstrades 2024.12.09 01:21 #

Happy With my with. Had small issues and the support was fast and resolved it. Keep doing great work. Thanks.

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Marius Jan Braun Raczek 2024.12.06 07:58 #

This forex trade manager is really great. The settings are great and with a few minutes of practice, the trades are very easy to implement. You can trade directly with one click and then adjust your settings afterwards. You can set the trailing stop and BEs to automatic so that they automatically increase when the desired pips are reached. The program is really great. The support is also very quick to respond. Sometimes you get an answer as early as 6:30 in the morning. Really great.

Mike Spark 2024.12.03 18:22 #

This application is simply amazing to say the least, a must buy for any serious trader, a scalper's dream. Many thanks for the great effort that went into making this application a realization, I hope you will keep adding new features that will undoubtedly impress us. I greatly appreciate the support given by Denis, made my experience from when I contacted support for a demo to the time of purchase effortless.

Mark Presetnik 2024.12.02 12:29 #

Since I started using Forex Trade Manager, placing trades has become so much easier. I can focus all my energy on the trade setup, and the EA takes care of the rest. It calculates lot sizes perfectly and factors in spreads and commissions into the stop-loss, so you never lose more than expected. Their customer support is also fantastic. Denis is super responsive and always helpful with all my questions.

jackveevi 2024.11.29 08:34 #

I'm trader from Thailand this is my review after using this product This is great program that FX trader should have one. My favorite part of this program is the HOTKEYS , you can trade with hotkey by your set up and the price is not expensive. Thank to Denis for great tech support. God bless you

Karim Kiherille 2024.11.28 18:31 #

Great Trade manager! Initially wasnt sure so decided to acquire demo, and the managaer worked really well and as described - no issues. Had a few trouble-shooting probelms here and there from my end however Dennis was quick to help, very patient and supportive. Dennis also got me to realise that I had setup my on MT5 on mac (using wine) wrong - where my MQL5 purchases werent working. He went it with me step by step, with alot of patience and we even managed to get my whole issue sorted along with it with the whole interface and the trade manager working a whole lot smoother!! Thanks again Dennis!! And yes it works with Mac aswell - no issues ;)

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Lee Stuart Marels 2024.11.28 16:58 #

Great trade manager, 1st class support and fair pricing. 5* all round. (special mention to Denis in support who deserves a pay rise) :-)

malikpromax 2024.11.27 09:58 #

I have been looking for a panel since a while , now I found mine , i will be using it my whole live , perfect

OskaTrader 2024.11.25 21:06 #

I love this product. I used it on MT4 until now and it is a must for my trading, so since I am moving more to MT5, I bought it for that one too. Denis is always prompt and professional in supporting any questions. The product has an extensive Manual on the web, as well as YouTube videos explaining some advanced features. It makes so much work for you, calculates lot sizes in the moment of your trade, you can easily change SL and TP levels with a mouse click, etc., etc. I am looking forward to explore some of the advanced functions like Trailing pending orders or Limit pullback orders.

11.NT 2024.11.18 16:56 #

First thing I must say about this product is the amazing customer service. I had specifically a guy named Denis helping me throughout the entire process and I can say that it was the best support I've ever had. Now about the trade manager, it looks great, execution seems flawless and has any feature I'd ever need. Literally the best product anyone could buy when it comes to position managers out there. Worth mentioning is the fact that I use a Mac and almost every other position manager has problems implementing their tools on Mac while this one works perfectly. Highly recommended.

556

Sebastian Kaestner 2024.11.14 20:35 #

Perfect tool, just as you need it! Customer service also helped me quickly with a problem. Clear recommendation. Thank you!

Volker Loges 2024.11.13 05:41 #

This trade manager is a great tool, well-implemented and works reliably! The user interface seems a bit counterintuitive at first but with the excellent and extensive documentation, it is quick to learn and manage. Digging deeper into the capabilities and customization options is very worth it in order to maximize the use. And even if stuck, support / Denis is very fast, qualified and eager to help.

Great product and kudos to dev and support.

I simply love to work with it :-)

Squidrings 2024.11.11 16:00 #

Great little EA with excellent and friendly after sales support. Makes risk management and taking profit a whole lot easier. Recommended and value for money.

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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
- 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