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XP Forex Trade Manager MT5

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Published: 21 December 2022

Current version: 4.0

XP Forex Trade Manager MT5

Name: XP Forex Trade Manager MT5
Rating: 4.142857 (7 reviews)
Author: Marzena Maria Szmit

4.14

Utilities
Marzena Maria Szmit
Version: 4.0
Updated: 22 April 2024

Forex Trade Manager MT5 simplifies managing open orders in MetaTrader 5. If you open a new order, the manager automatically sets Stop Loss and Take Profit. When price will move, then the program could move Stop Loss to Break Even (stop loss = open price) or continuously moving Stop Loss (Trailing Stop) to protect your profits. Forex Trading Manager is able to control orders for only current symbols (where EA works) or for all opened orders (regardless symbol) and hide the Stop Loss and Take Profit from brokers.

List of all our available tools for Traders: https://www.mql5.com/en/users/mqlblue/seller

It’s a strategy for management of opened manual trades (opened on all symbols or only current chart’s symbol) by:
- setting StopLoss and/or Take Profit for the trades in pips
- Trailing Stop function which trail SL by the price
- Break Even which move SL to BE on chosen distance

SL/TP can be managed by the broker (standard way) or in stealth mode – hidden from the broker.

Parameters:
“SLTP Params”
Stop Loss – stop loss in pips for trade
Take Profit – take profit in pips for trades

“Break even”
UseBreakEven (true/false) – allowing to use only break even function for opened trades
BEActivation – profit in pips when break even function is activated
BELevel – additional distance from BE in pips when SL is placed by break even function

“Trailing Stop”
UseTrailingStop (true/false) – allowing to use only trailing stop function for opened trades
TSStart – profit in pips when trailing stop function is activated
TSStep – minimum difference in pips between new and current SL to allow to move SL by trailing stop function
TSDistance – distance from current price in pips when SL is placed by trailing stop function

“Behavior”
StealthMode(true/false) – hide sl/tp levels from the broker and EA is closing trades on those levels programmatically
OnlyCurrentPair(true/false) – allow management of trades only from current chart’s symbol (true) or from all pairs (false)

Info:
All parameters for trades and functions are settable in the parameters of the EA. The Forex Trade Manager also display on the chart an information about the current daily profit/loss in pips and account currency. You will also receive instructions in pdf format with all detailed descriptions of each function.

more...

735

65638263 2024.06.12 03:02 #

lo estoy provando, se ve prometedor muchas gracias

ZC Zhou 2023.10.23 11:51 #

非常棒的工具

307

SmokCzerwony1 2023.02.21 00:36 #

Simple, Clear, Easy to use, very helpfull tool

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799 USD

Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA

899 USD

In the volatile world of Forex trading , high-impact news events can lead to significant market movements and opportunities. News EA MT5 is a perfect Forex robot specifically designed to capitalize on these moments of market turbulence. Equipped with cutting-edge algorithms and real-time news integration, News EA MT5 offers traders the edge needed to navigate during major economic announcements. Directly linked to major financial news sources, ensuring immediate response to high-impact eve

299 USD

The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price

799 USD

899 USD

Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you

599 USD

1 599 USD

Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da

599 USD

In the volatile world of Forex trading , high-impact news events can lead to significant market movements and opportunities. News EA MT4 is a perfect Forex robot specifically designed to capitalize on these moments of market turbulence. Equipped with cutting-edge algorithms and real-time news integration, News EA MT4 offers traders the edge needed to navigate during major economic announcements. Directly linked to major financial news sources, ensuring immediate response to high-impact events. H

299 USD

The AT Forex Indicator MT5 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This powerful indicator simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses advanced algorithms to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliable signal

179 USD

Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display medium and long-term trends . The ind

159 USD

The Multi Pairs Forex Indicator is an advanced trading too l that allows traders to track and analyze the performance of multiple currency pairs in real-time on a single chart. It consolidates data from various Forex pairs, providing an at-a-glance overview of market conditions across different currencies and helps you save time. Useful for various trading styles, including scalping, day trading, and swing trading. Whether you're monitoring major pairs like EUR/USD, GBP/USD, or more exotic pair

49 USD

The AT Forex Indicator MT4 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This powerful indicator simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses advanced algorithms to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliabl

179 USD

XA Risk Reward Ratio Tool MT5 tool is a professional algorithm, that calculates risk of every transaction before it is finalized. It allows you to precisely estimate gain and possible loss. The professional tool can estimate levels of Take Profit and Stop Loss incredibly precisely, making investments more effective and safer. Using Risk Reward Ratio Tool, you can with one click carry out transactions, cancel position, set position rate, set opening point, TP, SL and many other features. List of

FREE

The XR Gartley Pattern MT5 is an indicator which displays and alerts Gartley pattern detected on the candlestick chart. It also displays potential trade with calculated Take Profit and Stop Loss. After purchasing XR Gartley Pattern Indicator, you can immediately download this indicator from the MT4-MT5 Market and start using it because all features are set to default, is not necessary to change any parameter. In addition, we have created a private group for customers who have purchased one of

FREE

XA Risk Reward Ratio Tool MT4 tool is a professional algorithm, that calculates risk of every transaction before it is finalized. It allows you to precisely estimate gain and possible loss. The professional tool can estimate levels of Take Profit and Stop Loss incredibly precisely, making investments more effective and safer. Using Risk Reward Ratio Tool, you can with one click carry out transactions, cancel position, set position rate, set opening point, TP, SL and many other features. List of

FREE

49 USD

XE Forex Strengh Indicator MT5 displays visual information about direction and strength of a signal for current pair and chosen timeframes (M5, M15, M30 and H1). Calculations are based on multiple factors and results are shown as a colored panel with scale bar, numerical values and arrows. There are also displayed values of current price and spread on the pair. There can be activated an alert (as a mail or pop-up window with sound) for each available timeframes which send a message when the dir

FREE

One Click Close MT4 is an EA which allows you close orders quickly. EA display on chart two buttons. The first button "Close All Positions" is using to close all opened orders. The second button "Close Profit Positions" is using to close only profitable orders. EA is closing orders for all available symbols, not only for chart symbol. In EA params you can set distance from upper chart frame (Y Offset) and from left chart frame (X Offset). For installation EA it is only need to copy One Click Clo

FREE

One Click Close MT5 is an EA which allows you close orders quickly. EA display on chart two buttons. The first button "Close All Positions" is using to close all opened orders. The second button "Close Profit Positions" is using to close only profitable orders. EA is closing orders for all available symbols, not only for chart symbol. In EA params you can set distance from upper chart frame (Y Offset) and from left chart frame (X Offset). For installation EA it is only need to copy One Click Clo

FREE

Forex Trade Manager Grid MT5 helps you to managing orders and achieve the goal. You only need to place first order with Take Profit, run EA and set in params profit (pips) you want to get. EA will be managing your positions, as will gather appointed amount of pips. It’s a strategy for management of manual trades opened on current pair. The strategy adds positions to currently opened trades in a grid management (with chosen distance in pips between trades) - up to 15 trades (or less). First up to

FREE

XE Forex Strengh Indicator MT4 displays visual information about direction and strength of a signal for current pair and chosen timeframes (M5, M15, M30 and H1). Calculations are based on multiple factors and results are shown as a colored panel with scale bar, numerical values and arrows. There are also displayed values of current price and spread on the pair. There can be activated an alert (as a mail or pop-up window with sound) for each available timeframes which send a message when the dir

FREE

Forex Trade Manager MT4 simplifies managing open orders in MetaTrader 4. If you open a new order, the manager automatically sets Stop Loss and Take Profit. When price will move, then the program could move Stop Loss to Break Even (stop loss = open price) or continuously moving Stop Loss (Trailing Stop) to protect your profits. Forex Trading Manager is able to control orders for only current symbols (where EA works) or for all opened orders (regardless symbol) and hide the Stop Loss and Take Prof

FREE

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mtra2023 2024.10.01 20:03 #

This version is not working, I have been using this program for over a year and with version 3.0 it worked perfectly but since it was updated to version 4.0 it no longer works on any of the computers I have installed it. Please help me because it is the only tool that used to work perfectly for me before I have to update to version 4.0. Thanks

45074

Reply from developer Marzena Maria Szmit 2024.10.02 01:32 #

Very strange, because it's the same file with additional functions. I'll send you a private message and we'll look into it. Nobody else has reported similar issues. You are welcome, thank you👍📊

120

okskreen61 2024.09.02 14:04 #

Unfortunately it doesn't work. And it's not clear how and what to configure and enable, and wait for the description

45074

Reply from developer Marzena Maria Szmit 2024.09.02 14:35 #

Manager works perfectly for +2000 users who use it every day here. All information about the Manager is added on the description. You are welcome👍📊

735

65638263 2024.06.12 03:02 #

lo estoy provando, se ve prometedor muchas gracias

45074

Reply from developer Marzena Maria Szmit 2024.06.12 12:18 #

You are welcome, thank you👍📊

zvezdell 2024.05.13 17:31 #

не работает

45074

Reply from developer Marzena Maria Szmit 2024.05.14 19:32 #

It works for several thousand users who use it every day here. You are welcome👍📊

ZC Zhou 2023.10.23 11:51 #

非常棒的工具

45074

Reply from developer Marzena Maria Szmit 2024.04.22 13:59 #

You are welcome, thank you👍📊

1398

Trading Indian 2023.08.04 13:26 #

Marzena, I have been using your Trade Manager for one week now. This is what I call simplicity at its best. No fancy panels nothing. Just simple, effective, reliable trade manager. I always believe, to be successful in trading, the simpler you are the better you get. I have only one issue with the trade manager which I am sure you can solve easily. If I have a trade open and I have selected StealthMode, your Expert draws lines at stop loss and TP which is good. However, for any reason, if I close the trade manually before it hits SL or TP, the lines for those trades remain on the chart and I have manually remove them. It would be great if add a small routine which checks if the ticket related to the lines is still open and if it is not open then remove those lines. But, overall, great job and I can't believe that you are not charging for this. It is definitely worth a few dollars. Thanks...

45074

Reply from developer Marzena Maria Szmit 2023.10.23 13:22 #

You are welcome, thank you👍📊

190

Shifu987 Jingshen 2023.02.24 11:30 #

User didn't leave any comment to the rating

45074

Reply from developer Marzena Maria Szmit 2023.02.27 19:09 #

You are welcome, thank you👍📊

307

SmokCzerwony1 2023.02.21 00:36 #

Simple, Clear, Easy to use, very helpfull tool

45074

Reply from developer Marzena Maria Szmit 2023.02.21 00:42 #

You are welcome, thank you👍📊

Version 4.0 2024.04.22

- Additional feature for checking positions

Version 3.0 2024.04.19

- Reduced the number of notifications that appear