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Awesome Account Manager

The account manager has a set of functions necessary for trading, which take into account the results of the entire account in total, and not for each individual open position:

  1. Trailing stop loss.
  2. Take profit.
  3. Break-even on the amount of profit.
  4. Breakeven by time.
  5. Stop Loss

Typically, each of these options can be applied to each individual trade. As a result, the total profit on the account may continue to increase, and individual positions will be closed. This does not allow you to get the maximum profit and closes positions that are temporarily in the red, but in the future could also bring profit. In addition, the standard Stop Loss, Take Profit and Break Even Point are set in points, and in this Account Manager they are set in the account currency (dollars) or as a percentage of the starting value, which is much more convenient and clearer.

By and large, this utility is necessary for everyone who uses any trading system on the Metatrader. It can be reset, for example, every month - at the beginning of the month, in order to set the desired limits for the trading account in terms of profit and loss. For example, set Trailing Stop Loss - 10%, Take Profit - 10%. Then, if a monthly profit of 10% is reached, the program will close all positions and this month you can no longer trade, fixing this profit. If the Trailing Stop Loss is triggered, then trading will also be stopped, with the preliminary closing of all open positions. In this case, even if the number of profitable and unprofitable months is the same, you will still remain in profit, since the loss received when the Trailing Stop Loss is triggered will always be no more than 10%, and the profit when Take Profit is triggered will always be at least 10 %.

This version of Account Manager only closes open positions, but I also have an another version of the program that uses the DLL, which also disables the Auto-Trade of the terminal, which allows you to use this Account Manager even when using automatic programs that manage the opening and closing of trades.

Account Manager is linked to the current trading account and saves all settings even when changing the Timeframe, rebooting the Terminal or turning off the computer. You can install only one Account Manager per trading account. If you place it on a VPS server, then the control over the trading account will be carried out around the clock. Account information is checked every second.

Trailing Stop Loss is set as a percentage or in the account currency (for example, in dollars). The Reset button resets the value of the maximum drawdown. In this section:

  • Maximum Amount - the maximum amount of funds on the account, fixed after pressing the Reset button and the time of getting this value. Used to calculate Trailing Stop Loss.
  • Current Amount - the current value of the funds on the account and the current time.
  • Current Drawdown - the current value of the drawdown on the account - in the account currency and as a percentage.
  • Max Drawdown - the maximum drawdown on the trading account that occurred after pressing the Reset button, in the account currency and as a percentage. And the time when this value was reached.
  • DD to close - drawdown value at which all positions are closed. It can be set both in percentage and in currency. Counted from Maximum Amount. The manager remembers in what units the value was set - percentage or currency. The selected option is highlighted with a frame.
  • TSL ON/OFF - switch on/ switch off closing by TSL
  • Reset - reset value of Maximum Amount to the current Equity

Take Profit is set as a percentage or in the account currency (for example, in dollars). Calculated from the Initial value. In this section:

  • Initial Value - the initial value from which the following are calculated: current profit, maximum profit, profit to close, Break Even values by amount and time.  And the time when this value was fixed.
  • Current Profit - current profit for the entire account.
  • Max Profit - maximum profit from the moment of setting the initializing value in the account currency and as a percentage. The time of reaching the maximum profit value.
  • Profit to close - profit value at which all open positions are closed. It can be set both in percentage and in currency. Calculated from Initial Value. The manager remembers in what units the value was set - percentage or currency. The selected option is highlighted with a frame.
  • TP ON/OFF - switch on/switch off closing by TP
  • Fix Balance - a button, when clicked, the Initial Value is set equal to the current Account Balance value.
  • Fix Equity - a button, when clicked, the Initial Value is set equal to the current account Equity value.

Break Even by Value is set as a percentage or in the account currency (for example, in dollars). Calculated from the Initial value. In this section:

  • BE Trigger At - profit value at which BE is activated. Calculated from the Initial Value of the Take Profit section. It can be set both in percentage and in currency. The manager remembers in what units the value was set - percentage or currency. The selected option is highlighted with a frame.
  • BE Profit - profit value to be received when BE is triggered. Calculated from the Initial Value of the Take Profit section. It can be set both in percentage and in currency. The manager remembers in what units the value was set - percentage or currency. The selected option is highlighted with a frame.
  • BE ON/OFF - BE by value on/off button.

Break Even by Time fixes the minimum value of profit that should be on the account after the specified value of days, hours, minutes, seconds will be passed. This means that after the specified time has passed since the activation of this option, all positions on the account will be closed if the profit is less than the specified value in the account currency or as a percentage. For example, if you set the timer for 1 hour, then in an hour the manager will control that the profit on the account does not fall below the BE Profit value. If the profit is less, then all positions will be closed.

  • BE Trigger After - after what time after the activation of the option, profit control on the account will be activated. Specified in days, hours, minutes and seconds.
  • BE Profit - profit that should be on the account after the expiration of the BE Trigger After time to save open positions. 
  • BE ON/OFF - BE by time on/off button.

Stop Loss closes opened trades when Stop Loss value is reached. Counting from the Initial Value

  • Stop Loss - value of total loss by the account, when SL will be triggered (dollars and percents)
  • SL ON/OFF - switch on/switch off the Stop Loss

Input Parameters:

  1. Panel's colors - There are two panel color schemes: Black on white and White on black.
  2. Scale (%) - Scale. Set to anything other than 100% if a scale other than 100% is selected in Windows - Display Options.


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Snapdragon Systems Ltd
5 (1)
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Live Bot Maker
Nabeel Zafar
5 (4)
Let Your Ideas Earn For You. Convert your Ideas and Strategies in to automated trading bots directly on MT4. Visual Strategy Builder with Instant Results on the chart. This One of a kind strategy builder, allows you to specify rules and visually see the signals based on those rule as you create them. Visit the link for Group, User Manual, Video Examples Why Use LBM LBM is an essential tool for traders of all levels. It allows traders to create strategies quickly and easily, and to test th
FX28 Trader
Tsvetan Tsvetanov
5 (1)
Presentamos el FX28 Trader Dashboard: Su Gestor de Operaciones Definitivo Desbloquee todo el potencial de su experiencia comercial con el FX28 Trader Dashboard, un gestor de operaciones integral e intuitivo diseñado para llevar su trading de Forex a nuevas alturas. Ya sea que sea un trader experimentado o esté comenzando su camino financiero, esta poderosa herramienta está diseñada para simplificar sus actividades comerciales y mejorar su proceso de toma de decisiones. Características clave: In
Forex Market View Dashboard and CSM
Opengates Success International
5 (1)
FFXMV Dashboard + CSM is a custom indicator combined with Currency Strength Meter . It is created to give the Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make a successful trading. Before attaching this Indicator to your window chart, go to your MT4's Market Watch panel and HIDE all the Currency pairs you don't need or trade and leave the rest there. The reason is that FFMV Dashboard will DISP
News Trader Pro
Vu Trung Kien
4.41 (17)
News Trader Pro es un robot único que permite tradear las noticias. Él descarga todas las noticias desde varias páginas Forex que gozan de popularidad. Usted puede seleccionar cualquier noticia y establecer una estrategia de antemano. News Trader Pro empezará a tradear de acuerdo con la estrategia seleccionada automáticamente en cuanto salga la noticia. La publicación de la noticia ofrece la posibilidad de ganar porque los cambios del precio en este momento pueden ser significativos. Con la apar
Trade Copier Pro
Vu Trung Kien
4.57 (14)
Trade Copier Pro es una poderosa herramienta para copiar el comercio a distancia entre múltiples cuentas en diferentes lugares a través de Internet. Esta es una solución ideal para el proveedor de la señal, que quieren compartir su comercio con los demás a nivel mundial en sus propias reglas. Un proveedor puede copiar los oficios a múltiples receptores y un receptor puede obtener el comercio de múltiples proveedores también. Proveedor y el receptor pueden gestionar su lista de asociados con el
Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b
FxProTrader
Vitaliy Boltenkov
FxProTrader is a multifunctional half-automatic trading system that allows you to trade both manually and automatically . The algorithm includes 3 automatic trading strategies (1 trend and 2 flat). The trader independently analyzes the trading situation and makes a decision on which trading strategy to include. Attention! Not all buttons work correctly in the strategy tester. Presented in the form of 4 graphic panels: 1 Panel - the main trading panel responsible for manual trading. Allows
EA for Cycle Sniper Indicator This utility is designed to open/close auto trades according to the Cyle Sniper indicator's signals. Different entry rules  with various stop loss, take profit options can be applied. You will find the details in this blogpost.  https://www.mql5.com/en/blogs/post/749655 Some important issues are explained in the video. Please do not hesitate to contact us if you need further information. IMPORTANT NOTE: You can not test the full functions of the EA on the strategy t
50% off. Original price: $375 Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download Demo here  (starting lot is fixed at 0.01) Guide + tips here MT5 version   here You only open the first order. When your
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It is a simple fully customizable trading panel. It allows you to perform the simple trading operations on a trading pair / symbol, on the chart where it was placed: Buy, Sell, Close trades. The parameters are set in the panel: Lot size, Stop loss in points, Take profit in points. Thus, the panel allows you to open / close positions as quickly as possible with preset parameters. The panel is fully customizable and can be multilingual. When the panel is resized, all elements are resized automatic
Equity charts
Mykhailo Krygin
Equity charts generator creates an offline chart that draws bars corresponding to the account Equity value. The TimeFrame of the Equity chart is the same as the TimeFrame of the chart where the indicator will be placed. Input Parameters: Offline Timeframe - You can select the timeframe in minutes of the generated chart. Use opened file for adding new bars (true/false) - If set to false, a new history file is always created and bars will start drawing from the moment the indicator is placed on t
MA and Momentum EA uses simple indicators for calculation - Moving Average and Momentum. Profit for 3 year is 757 869 %. There is no more than one trade open at a time. It is possible to enter on each buy / sell signal, closing the previous trade or wait for the open trade to be closed by SL, TP, TS or BE, so that later it will be possible to open the next trade. Input parameters: Entry Level (Points) - The level at which the buy and sell entry takes place. Magic Number - The unique number of t
The account manager has a set of functions necessary for trading, which take into account the results of the entire account in total, and not for each individual open position: Trailing stop loss. Take profit. Break-even on the amount of profit. Breakeven by time. Stop Loss Typically, each of these options can be applied to each individual trade. As a result, the total profit on the account may continue to increase, and individual positions will be closed. This does not allow you to get the maxi
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Versión 3.5 2024.04.18
Stop loss option corrected
Versión 3.4 2024.04.17
Improved position closing logic
Versión 3.3 2024.04.16
Improved position closing
Versión 3.0 2023.10.27
Stop Loss section is added.
Versión 2.0 2023.06.06
Added data processing by the OnTick function