This MetaTrader expert advisor functions as a trade manager that automates stop loss adjustments for existing positions. It specifically waits until a trade reaches a user-defined profit threshold in points before initiating a trailing stop. The tool includes flexible filtering options to manage specific symbols, magic
Trade manager · MT4 · MT5
K-Line Position Management Panel
This utility for MetaTrader 4 and 5 provides an on-chart interface for manual trade execution and position management.
GitHub stars2
Forks0
Last update5 months ago13 Apr 2026
LicenceNone stated
Overview
K-Line Position Management Panel automatically applies stop losses to new orders and features a trailing stop mechanism to manage open trades. Notable management tools include one-click break-even and the ability to close a specific percentage of an open position. The interface also displays a countdown timer for the current candle close. Users can customize visual settings such as panel coordinates, font size, and button colors through the input parameters.
- On-chart manual trading interface
- Automatic stop loss and trailing stop
- One-click break-even and partial closing
- K-line candle countdown timer
Details
Author
15287871491 on GitHub
Type
Trade manager
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Markets
Any symbol
Timeframes
Any timeframe
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.
EA files
Input parameters
Read from 仓位面板+跟踪止损.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
DefaultLot | double | 0.05 | 仓位大小 |
Inp_Slippage | int | 50 | 滑点 |
Inp_Magic | ulong | 20260405 | 魔术码 |
StopLoss_Pips | int | 200 | 止损点数 |
PANEL_X | int | 5 | 整个面板左右位置 |
PANEL_Y | int | 280 | 整个面板上下位置 |
FONT_SIZE | int | 18 | 倒计时字体大小 |
InpTrailingStep | int | 150 | 追踪步长 |
COL_PANEL_BG | color | clrLightBlue | 面板背景色 |
COL_PANEL_BORDER | color | clrSteelBlue | 面板边框色 |
COL_BTN_BUY_BG | color | clrDodgerBlue | 买多按钮背景 |
COL_BTN_SELL_BG | color | clrRed | 卖空按钮背景 |
Show all 20 inputs
| Name | Type | Default | Description |
|---|---|---|---|
COL_BTN_FUNC_BG | color | clrCyan | 功能按钮背景 |
COL_BTN_CLOSE_BG | color | clrSlateBlue | 平仓按钮背景 |
COL_BTN_LOT_BG | color | clrRoyalBlue | 手数按钮背景 |
COL_BTN_BUY_PART | color | clrMediumSlateBlue | 多单分批背景 |
COL_BTN_SELL_PART | color | clrLightPink | 空单分批背景 |
COL_TEXT_WHITE | color | clrWhite | 白色文字 |
COL_TEXT_BLACK | color | clrBlack | 黑色文字 |
COL_COUNTDOWN | color | clrRed | 倒计时文字颜色 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone 15287871491/MT4-MT5-K- from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 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.
Similar expert advisors
Trader Pad is a trade management utility for MetaTrader 5 designed to automate position exits and risk control after an entry is initiated. The software handles stop-loss and take-profit placement in ticks, providing advanced trailing stop logic and break-even functionality. It allows users to scale out of positions th
This trade manager for MetaTrader 4 and 5 automatically adjusts the stop-loss levels of open positions using the Average True Range indicator. It allows users to define the trailing distance through a configurable ATR period and multiplier. The expert advisor includes filtering logic to apply the trailing stop only to
PSAR Trailing Stop is a management utility for MetaTrader 4 and 5 that automates the adjustment of stop-loss levels for open positions. Instead of manual movement, it follows the Parabolic SAR indicator values to lock in profits or minimize losses as a trend progresses. The software includes filtering options to target
This expert advisor is a utility for MetaTrader 4 and MetaTrader 5 designed to manage stop-loss levels for existing trades. It utilizes Bill Williams' Fractals indicator to dynamically adjust the stop loss as new fractal points form on the chart. Users can configure the number of bars to scan and specify which fractal
This visual trade management utility for MetaTrader 5 assists manual traders with order execution and risk management. It features interactive chart lines for entry, stop loss, and take profit levels, allowing for drag-and-drop price adjustments. The system automatically calculates position sizes based on a defined per
Need a broker for MT4/MT5?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers