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
Trade Manager for MetaTrader 5
This visual trade management utility for MetaTrader 5 assists manual traders with order execution and risk management.
GitHub stars15
Forks2
Last update8 months ago24 Jan 2026
LicenceNone stated
Overview
Trade Manager for MetaTrader 5 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 percentage of account equity. It includes advanced controls for automated break-even movement and partial position closing at specified price levels. The interface scales for high-resolution displays and preserves settings during terminal restarts or timeframe shifts, ensuring consistent management of active trades.
- Interactive chart lines for order levels
- Automatic lot size calculation based on risk percent
- Auto break-even and partial close triggers
- Visual drag-and-drop price adjustment
- Supports market, limit, and stop orders
Details
Author
pTrenzi2005 on GitHub
Type
Trade manager
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
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone pTrenzi2005/Trading-Panel-for-MT5 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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