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CheatcodeFX Trade Manager

CheatcodeFX Trade Manager


Your profit management companion. Especially perfect when you have a VPS or a dedicated machine setup. Apply it on the pairs that you care about and walk away. I personally applied it to the 28 main pairs that I often watch on a dedicated mini pc and do the trade execution on another device. With this supporting you in the background, trade with confidence know this will help move you to breakeven and take the best out of your trade.

CheatcodeFX Trade Managers works on any symbols.

You can't test this using Strategy Tester. Go to https://www.mql5.com/en/market/product/57115 for our demo.

Main features

  • algorithmically follow market conditions
  • moves SL to breakeven with the option to close partials
  • breakeven close partial by percentage or fixed lot size
  • trails market progression maximising returns
  • trailing in progressive Fractal/MA

Knowledge Levels

Level Category  Description
1  Fundamental
  • basic knowledge
  • no prior experience
2  Novice
  • has some experience
3  Intermediate
  • ability to apply knowledge
  • able to visualise market intentions
4  Advance
  • able to generate trade ideas
  • ability to articulate trading concepts
5  Expert
  • in depth understanding
  • consistent
  • high level of competency


Assumptions of User

  • level 3 understanding of market conditions
  • level 3 understanding of market structure
  • level 2-3 understanding of supply and demand, support and resistance
  • level 3-4 understanding of proper risk management

How to use CheatcodeFX@Trade Manager

Step 1: Load It Up, Adjust your parameters

    Step 2: Select Trail Type

      Step 3: Select Close Type

      Step 4: You are done


      Tips:

      • Have your VPS or dedicated pc push notification or orders to you via what ever meets your purpose.
      • This will let you know when an order is in breakeven and/or when an order Stop Loss trailed based on market conditions.

      Parameters Explained
      fractalTimeFrame
      • Time frame used for Moving Average strategy
      • This is only active when Trail Type is set to "Fractal"
      fractalGap
      • The min amount (in points) between the fractal value and Bid/Ask before a fractal is considered a valid value
      • SL will not move if the range is smaller than the min amount of points set here
      • This is allow market to move or potential spikes before it expands again
      • This is only active when Trail Type is set to "Fractal"
      maTimeFrame
      • Time frame used for Moving Average strategy
      • This is only active when Trail Type is set to "MA"
      maGap
      • The min amount (in points) between the MAvalue and Bid/Ask before a fractal is considered a valid value
      • SL will not move if the range is smaller than the min amount of points set here
      • This is allow market to move or potential spikes before it expands again
      • This is only active when Trail Type is set to "MA"
      closePartialPoint Amount of point from order open price in the profitable direction before triggering move to breakeven
      breakevenPoint
      		 Amount of point to move the SL above/below the order open price to cover for spread or commission
      Trail Type
      • FRACTAL
      • MA
      Close Type
      • Closure type for breakeven, values here will determine the amount to close out of the market when breakeven is triggered, bagging some profits.
        1. PERCENTAGE - Percentage of the size of the total order lot
        2. LOT - Fixed lot size
      Breakeven Close Partial %
      • If Close Type is set to PERCENTAGE, this value is used
      • Determine the percentage to close out when breakeven is triggered (0.01 = 1% , 1.00 = 100%)
      Breakeven Close Partial Lot
      • If Close Type is set to LOT, this value is used
      • Determin the lot size to close out when breakeven is triggered
      Breather Point
      • This value is to provide some room for the trail, it applies to any type of trail
      • For example:
        1. if valid trail value in the BUY direction is 1.12300 and the breather point is set to 100, this will move the SL To 1.12200 to allow for the padding
        2. if valid trail value in the SELL direction is 1.12300 and the breather point is set to 100, this will move the SL To 1.12400 to allow for the padding


      Caution

      • Please allow some time to do a self assessment based on the metrics above.
      • If you fall under the assumed group of trader, great. This will supplement your day to day trading.
      • If you DO NOT fall in that group, proceed with caution. Specifically if you don't have adequate understanding about risk management, proceed with caution.
      • This tool is to maximise your profits AFTER you've planned and executed your order


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      DaneTrades Ltd
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      将信号从任何您是会员的渠道（无需机器人令牌或管理员权限）直接复制到您的 MT4。 它的设计以用户为中心，同时提供您需要的许多功能 该产品采用易于使用且具有视觉吸引力的图形界面。 自定义您的设置并在几分钟内开始使用该产品！ 用户指南 + 演示  | MT5版本 | 电报版本 如果您想尝试演示，请参阅用户指南。 Discord To MT4 在策略测试器中不起作用。 Discord MT4 功能 从您是会员的任何频道复制。 无需机器人令牌或聊天 ID 使用风险百分比或固定手数进行交易 排除特定符号 选择复制所有信号或自定义要复制的信号 配置单词和短语以识别所有信号（默认值应适用于 99% 的信号提供商） 配置时间和日期设置以仅在需要时复制信号 设置一次打开的最大交易量 交易和头寸管理 使用信号或自动设置的管理 通过设置每月、每周、每天、每小时或每分钟的最大交易次数，停止过度交易和报复性交易。 支持市价订单和挂单 每日最大利润目标（以美元为单位）以确保头寸并停止过度交易 确保仓位的每日最大利润目标（%） 最大开放交易以限制风险和敞口。 使用 RR、点数或价格自动获取部分内容 使用固
      Mentfx Mmanage
      Anton Jere Calmes
      5 (16)
      实用工具
      The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
      Strategy Builder plus Optimizer by RunwiseFX MT4
      Runwise Limited
      5 (4)
      实用工具
      Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
      Flash Copy MT4
      Trinh Dat
      实用工具
      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
      News Trapper EA
      Noha Mohamed Fathy Younes Badr
      5 (7)
      实用工具
      Hi, all.  News trapper EA It is an expert for trading news very safe expert  put Settings interest rate only or high impact news for Automated Trading on the news of the economic calendar. It shows stable trading during last 10  years. EA doesn't use dangerous technologies like martingale, grid. The Expert is very simple to use. The program contains flexible settings In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools >Options > Expert Advisors. Che
      Click and Go Trade Manager
      Victor Christiaanse
      5 (11)
      实用工具
      Click and Go Trade Manager, the ultimate solution for seamless trading execution. With a simple click on the chart, you can effortlessly define your stop loss, entry price, and target levels. No more hassle of inputting values manually - it's made incredibly intuitive and easy. Embedded risk management is a key feature of our Trade Manager. We understand the importance of protecting your investments, which is why the Click and Go Trade Manager incorporates risk management. When placing orders,
      MT4 to Discord
      Trinh Dat
      4.29 (7)
      实用工具
      The Expert Advisor will send notifications via Discord when orders are opened/modified/closed on your MetaTrader 4 account. - Send message and screenshot to Discord group/channel.  - Easy to customize message.  - Support custom message for all languages - Support full Emoji.  - Send report Daily, Weekly, Monthly ( must show all history of orders ) Parameters - Discord url Webhook - create webhook on your Discord channel. - Magic number filter - default all, or input magic number to notify with
      ManHedger MT4
      Peter Mueller
      5 (1)
      实用工具
      THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! MT5 Version With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easily and clearly. Display your trades/strategies on the chart. Display your Take Profits/Stop Losses as
      MT4 Alert Signal Trader
      Nguyen Van Anh
      3.8 (5)
      实用工具
      MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
      Unlimited Trade Copier Pro
      Vu Trung Kien
      4 (8)
      实用工具
      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
      Averaging Helper
      Sergey Batudayev
      5 (2)
      实用工具
      Averaging Helper - This sort of trading helper instrument will help you average out your previously unprofitable positions using two techniques: standard averaging hedging with the subsequent opening of positions according to the trend The utility has the ability to sort out several open positions in different directions at once, both for buy and for sell. For example, you opened 1 position for a sell and the second for a buy, and they are both unprofit, or one is in the unprofit and one is in
      ADAM for FTMO 40
      Vyacheslav Izvarin
      实用工具
      ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 ---------------------------------------------------------------------------------------------------------------------------
      JanosikFX Scalping Trade Panel
      ROBERT URBANSKI
      5 (1)
      实用工具
      The Best One Scalping Trade Panel functional manual trade panel with risk reward, auto SL by candle ( original solution), lot size calculation, one-click trading, scale in and out of trades (partial close),  Works with all symbols not just currency pairs, perfect works on DAX, NASDAQ, GOLD, ...... I earn every day during live stream on ZakopiecFX - join Me Risk by lot Risk by percent SL by points SL by Candle, Renko, RangeBar ( original solution) TP by point TP by Risk/Reward Auto Trailing b
      Loss Recovery Trading Robot
      Quang Dung Pham
      5 (2)
      实用工具
      This is an Expert Adviser use for manual trading as a background EA or combine with external EA to open orders. Loss Recovery Trading is one of your options to handle the lose positions instead of using stop loss by setting a zone recovery area and target to exit the turn rounds sequence. How It Work? If the market goes against your first positions direction at the specific of losing points, the EA will open an opposite direction position with calculated larger lot size and also keep the first
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