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 · MT5
MQL5 Trade Manager
The MQL5 Trade Manager is an Expert Advisor for MetaTrader 5 that automates trade execution using ICT concepts.
GitHub stars3
Forks0
Last update3 days ago8 Oct 2026
LicenceMIT
Overview
MQL5 Trade Manager enters trades during filtered sessions including Asian, London, and US sessions, and only during Q3 expansion cycles. It exits positions by trailing stops to breakeven plus a pip offset. Risk controls include dynamic lot sizing based on 1% account risk, minimum risk-reward ratios, and filters for news events and spread. The EA uses fixed or dynamic position sizing modes. Notable limitations include reliance on specific session and cycle conditions which may reduce trade frequency.
- Dynamic Risk Sizing
- Session Filters
- Trailing BEP Protection
- Q3 Cycle Optimization
- News Spread Guard
Details
Author
Clawtan on GitHub
Type
Trade manager
Platform
MetaTrader 5 (MQL5)
Strategy
SMC / ICT / price action
Markets
Forex
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.
EA Files
Topics
algorithmic-tradingexpert-advisorsmetatrader5metatrader5-eametatrader5-mt5mql5risk-managementtrading
Input Parameters
Read from ICTq.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpShowAsia | bool | true | Asian Session |
InpShowLondon | bool | true | London Session |
InpShowUSAM | bool | true | US AM Session |
InpShowUSPM | bool | true | US PM Session |
InpReqKillzone | bool | true | Killzone (Active Session) |
InpReqQ3Only | bool | false | Q3 Cycle (Strict Window) |
InpReqToBias | bool | true | True Open (Discount/Premium) |
InpReqSweepQ1 | bool | true | Sweep Q1 (Liquidity Grab) |
InpReqMSS | bool | true | MSS (Structure Shift) |
InpReqCISD | bool | true | CiSD (Delivery State) |
InpExecMode | ENUM_EXEC_MODE | EXEC_INSTANT_CLOSE | Entry Execution Mode |
InpMinRR | double | 2.0 | RR Ratio (TP2 Target) |
Show all 21 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpSizingMode | ENUM_SIZING_MODE | SIZING_DYNAMIC | Position Sizing Mode |
InpRiskPct | double | 1.0 | Dynamic Risk (%) [0.1 - 10.0] |
InpFixedLot | double | 0.02 | Fixed Lots Total (1 Leg = 50%) |
InpBepOffset | double | 1.0 | BEP Profit Lock Offset (Pips) |
InpMaxSpread | int | 40 | Max Spread Filter (Points) |
InpDeviation | int | 20 | Slippage Deviation (Points) |
InpMagic | long | 202610 | EA Magic Number |
InpLimitExpiry | int | 30 | Limit Order Expiry (Bars) |
InpNewsFilter | bool | true | Enable US AM Red News Guard |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone Clawtan/mql5-trade-manager from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .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.
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