Stop calculating lot size manually
Define risk as a percentage of balance, percentage of equity or a fixed cash amount. The correct position size updates when Entry or Stop Loss changes.
On-chart trading and risk management
Trade Manager MT5
Plan trades, calculate the correct lot size and manage positions directly on your MetaTrader 5 chart. One clear panel replaces repetitive calculations and multiple order windows.
- Built for MetaTrader 5
- MT4 version available
- Free updates and support
Real-timeposition sizing
Visualtrade planning
Automatictrade management
All marketssupported by your broker
Less routine, more control
Turn the MT5 chart into a complete trading workspace
MetaTrader 5 gives you the execution platform. Trade Manager adds the workflow for consistent risk, faster order placement and structured position management.
Plan the complete trade on the chart
Drag Entry, Stop Loss and Take Profit lines. See distance in pips, monetary risk, potential profit and the real Risk Reward Ratio before placing the order.
Manage positions without repetitive actions
Use Break Even, Trailing Stop, Partial Close and Equity Protection instead of modifying every position manually as the market moves.
Simple workflow
From trade idea to managed position in four steps
Trade Manager keeps planning, position sizing, execution and management inside one continuous MT5 workflow.
- 1
Choose your risk
Set a risk percentage, balance or equity model, or a fixed cash amount.
- 2
Place levels on the chart
Move Entry, Stop Loss and Take Profit lines to match your setup.
- 3
Review the calculation
Check lot size, risk, potential result and Risk Reward Ratio in real time.
- 4
Place and manage the trade
Open the order and let your selected management rules monitor the position.
Core functions
One Trade Manager MT5 panel for the full trade lifecycle
Use only the modules you need or combine them into one repeatable risk and execution process.
Lot & Position Size Calculator
Calculate trade volume from risk and Stop Loss distance using live MT5 symbol parameters.
Visual Trade Planning
Drag Entry, SL and TP directly on the chart and see pips, cash values and R:R instantly.
Break Even
Move Stop Loss automatically or manually, including multi-level and common basket management.
Trailing Stop
Choose classic, multi-level, highs/lows, moving average, ATR, Parabolic SAR and other methods.
Partial Close
Close positions in stages using lot or percentage values and predefined profit levels.
Market & Pending Orders
Place market, limit and stop orders, use OCO logic and manage orders from the chart panel.
Equity Protection
Set account-level profit or loss conditions and automatically close positions when limits are reached.
Templates & Hotkeys
Save repeatable configurations and speed up common actions with customizable shortcuts.
Automated trade management
Open the trade. Let Trade Manager handle the next steps.
Define your position management rules in advance and let Trade Manager monitor open trades directly in MetaTrader 5. Protect profits, scale out of positions and control account-level risk without repeatedly modifying orders by hand.
- Automatic Break Even with an optional offset and multi-level rules
- Advanced Trailing Stop using fixed distance, R:R, ATR, highs and lows, MA or Parabolic SAR
- Partial Close at predefined profit levels using lots or percentages
- Equity Protection based on account profit, loss, percentage or equity value
External and mobile orders
Use your MT5 mobile workflow without giving up risk control
Trade Manager runs in the desktop MetaTrader 5 terminal and can detect trades opened from the MT5 mobile app or another external source.
1Open an order in MT5 Mobile
2Desktop MT5 detects the new order
3Trade Manager applies your configured workflow
The Trade Manager application is installed in desktop MT5, not inside the mobile app. The desktop terminal or VPS must remain running for automatic actions.
Built beyond the default order window
Standard MetaTrader 5 vs Trade Manager MT5
| Workflow | Standard MT5 | Trade Manager MT5 |
|---|---|---|
| Position size | Enter lot size manually | Calculated automatically from risk |
| Trade planning | Separate order window | Entry, SL and TP directly on chart |
| Risk Reward Ratio | Manual calculation | Updated in real time |
| Break Even | Manual modification | Manual, automatic and multi-level |
| Trailing Stop | Basic platform trailing | Multiple configurable methods |
| Partial Close | Performed manually | Manual or automated levels |
| Account protection | Manual monitoring | Equity-based profit and loss controls |
One tool for different markets
Use Trade Manager on the symbols available from your MT5 broker
The calculation uses symbol specifications from your platform rather than fixed assumptions, making the workflow suitable for instruments with different contract and tick settings.
FXForex
AUGold & Metals
IDXIndices
CFDCommodities
₿Crypto CFDs
FUTFutures
MQL5 Market reviews
What traders say about Trade Manager MT5
Recent feedback from verified users published on the official MQL5 Market product page.
MQL5 Market review
“This is the best Trading Manager that I have used since I am doing trading, easy to use and to understand. The support is great, always the answer came no later than 1 hour. Many useful functions, but what I like most is that I can have a better risk money management because I always risk the same amount per trade.”
MQL5 Market review
“This is easily the best trade manager I’ve tried. It’s simple to use, very capable, and covers pretty much everything I need. Support has also been great, with quick and helpful replies whenever I had a question.”
MQL5 Market review
“It does exactly what I want. More importantly, the support is more than I expected. Very good indeed. Thank you.”
MQL5 Market review
“Great for scalping, position entry, risk management, etc. This is the EA even professionals needed! Thanks for this tool.”
MQL5 Market review
“Best Trade manager I've tried by a long way. Simple to use and does pretty much anything you could possibly need to do. Support is fantastic too, generally answering within a couple of hours with help when needed.”
MQL5 Market review
“This has been a total game changer for me as a day trader. It automatically adjusts position size, significantly reduces errors, and the customer service is amazing.”
Choose your licence
Start with Trade Manager MT5
Test the full workflow for seven days or choose a rental or lifetime licence.
Free trial
$0/ 7 days
- Fully functional trial
- Demo or live account
- Requested through support
3-month rental
$30/ 3 months
- Trade Manager MT5
- All core functions
- Updates during licence period
Lifetime licence
$99/ one-time
- Trade Manager MT5
- Free future updates
- Free technical support
Purchases are processed by the official MQL5 Market. After clicking a purchase button, you will be redirected to mql5.com to complete the order. Please review the MQL5 terms and conditions before purchasing.
MetaTrader 4 version
Looking for Trade Manager MT4?
Trade Manager is also available for MetaTrader 4 with the same core trade planning, position sizing and trade management workflow.
Frequently asked questions
Trade Manager MT5 questions, answered
Still need help? Contact InvestSoft support for installation, licence or configuration questions.
Contact supportTrade Manager MT5 is an on-chart trade and risk management panel for MetaTrader 5. It combines position size calculation, visual trade planning, order placement and automated position management in one interface.
Yes. Define risk as a percentage of balance, percentage of equity or a fixed cash amount, then place Entry and Stop Loss on the chart. The lot size updates automatically.
Yes. Trade Manager runs in desktop MT5 and can detect trades opened from the mobile app or another external source. The computer or VPS must remain running for automatic actions.
It works with symbols available from your MT5 broker, including Forex, metals, indices, commodities, futures and cryptocurrency CFDs. Calculations use the symbol specifications provided by the platform.
A VPS is optional. It is useful when you want Break Even, Trailing Stop, Equity Protection or mobile-order management to keep working while your own computer is off.
Yes. Trade Manager is also available for MetaTrader 4. This website focuses on the MT5 version, while the core planning and management workflow is available on both platforms. View the MT4 version and purchase options →
Yes. Individual modules can be disabled, so you can use Trade Manager mainly as an on-chart MT5 lot size and position size calculator.
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