This risk management tool for MetaTrader 4 and 5 calculates optimal lot sizes based on user-defined risk parameters, account balance, and currency. It provides a graphical user interface for setting entry, stop loss, and take profit levels visually on the chart. The expert advisor accounts for commissions, swaps, and m
Utility · MT5
MyTrader
MyTrader is a manual trading interface for MetaTrader 5 that provides a graphical panel for executing and managing orders.
GitHub stars1
Forks0
Last update5 months ago17 Apr 2026
LicenceNone stated
Latest release1.05 months ago
Overview
MyTrader allows traders to enter positions with stop loss and take profit levels, or perform quick market executions via buy and sell buttons. The utility includes comprehensive management features such as partial closing at fixed percentages, closing all winning or losing trades, and moving stop loss to break-even for individual positions. A built-in list displays active trades, facilitating quick selection and modification for refined risk management.
- Interactive manual trading panel
- Partial position closing functionality
- One-click liquidation of specific trade groups
- Break-even stop loss adjustment
Details
Author
scarftk on GitHub
Type
Utility
Platform
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 myTrader.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpPanelWidth | int | 330 | |
InpPanelHeight | int | 500 | |
InpLeftOffset | int | 8 | |
InpTopOffset | int | 28 | |
InpMagic | ulong | 20260411 | |
InpDeviationPts | uint | 20 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone scarftk/myTrader 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, and any .mqh files into the Include folder the code expects.
- 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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