The ultimate on-chart assistant that calculates lot sizes instantly, locks in profits automatically, and protects your account from emotional over-trading.
Watch our complete guide on setting up and trading with the Trade Manager.
Prop Firm Challengers: If you are trading funded accounts, passing evaluations requires strict risk control. The built-in Daily Drawdown Limit prevents you from blowing your account in a single bad day.
Manual Traders: Stop using external calculators. Speed up your execution by calculating lot sizes directly on your MT5 chart visually.
Trading psychology is the hardest part of trading. When you take a loss, the temptation to "revenge trade" and increase your lot size is immense.
The Trade Manager enforces mechanical discipline. It locks you out if you hit your loss limit, automates your exact risk percentage, and trails your profits without emotion.
Everything you need to execute flawless trades directly on your chart.
Visually set your Entry and Stop Loss directly on the chart using draggable lines. No more typing in prices manually.
Input your desired Risk % (e.g., 1%). The EA instantly measures the distance to your SL and calculates the exact lot size for you.
Set a hard Daily Drawdown Limit ($) or Max Trades limit. If hit, the EA closes all trades and locks you out to prevent revenge trading.
Automatically move your Stop Loss to Break Even at 1R, and dynamically trail your profits step-by-step as price moves in your favor.
Broker spread hunt you out? The EA automatically adjusts your Stop Loss distance to account for live broker spreads, keeping you safe.
Trading a prop firm challenge? Set a Virtual Capital amount to calculate your risk based on the challenge size, rather than your actual balance.
Input your desired Risk to Reward ratio (like 1:2). The EA will automatically calculate and place your Take Profit exactly where it needs to be.
Get notified with custom sounds when your trade hits Entry, Stop Loss, or Take Profit. Place custom alert lines on the chart to track key levels.
Choose to calculate your risk based on your total account Balance or your current floating Equity, giving you total control over your risk management.
Follow these simple steps to get the dashboard running on your charts in minutes.
Download the .ex5 file and copy it to your MT5 Data Folder under MQL5/Experts.
Refresh your MT5 Navigator panel, drag the Trade Manager onto any chart, and ensure 'Allow Algo Trading' is checked.
In the EA Inputs, set your Daily Drawdown Limit ($) and Max Trades per day to protect your account.
Set your Risk %, drag the red Stop Loss line on your chart to your invalidation point, and click 'Execute Trade'.
A single revenge trade can wipe out weeks of progress. The Trade Manager pays for itself by preventing emotional mistakes, enforcing your daily limits, and calculating precise lot sizes so you never over-leverage again.
