Trading robot · MT5

EA Trade Manager

by NexaNomad

This MetaTrader 5 expert advisor provides a framework for trade execution and management, specifically targeting EURUSD and XAUUSD markets.

GitHub stars2
Forks1
Last update1 year ago26 May 2025
LicenceNone stated

Overview

EA Trade Manager handles the full trade lifecycle, including automatic lot size calculation based on a defined risk percentage per trade. The EA utilizes fixed stop loss and take profit levels measured in pips to manage exits. It includes parameters for slippage control and operates on a specified timeframe. The repository lacks a README, and the internal logic focuses on disciplined risk-based order entry.

Details

Author

NexaNomad on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Markets

Forex, Gold

Timeframes

M15-H1

Risk Profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

Input Parameters

Read from EA_Trade_Manager.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
InpRiskPercentdouble1.0Risk percent per trade
InpStopLossPipsdouble30Stop Loss in pips
InpTakeProfitPipsdouble60Take Profit in pips
InpSlippageint3Max slippage
InpTimeframeENUM_TIMEFRAMESPERIOD_M15Timeframe for signals

How to Install It

  1. 1Download the sourceUse "Download source (.zip)" above, or clone NexaNomad/EA- from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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