BlueEdge Trading Manager

BlueEdge Trading Manager

BlueEdge Trading Manager is a clean, fast manual trade manager panel for MetaTrader 5. It helps you open trades quickly (BUY/SELL), manage up to 5 take-profits, and automatically handle partial closes while drawing clear SL/TP lines directly on the chart.

This product is NOT a trading strategy and does not generate entry signals. It is a trade execution + position management tool for scalpers and manual traders.

Main Features

• One-click BUY / SELL from a compact panel (top-left)

• LOT field with live MinLot / MaxLot info

• TP/SL input modes (dropdown):

  • PRICE mode → you enter exact market prices (e.g., 2650.50)

  • PIPS mode → you enter pip distances (e.g., 20.0 pips)

• Up to 5 TP levels (TP1…TP5)

• Red “X” buttons next to SL and each TP to instantly clear the value

• Persistent panel values (lot/SL/TP/mode are saved, so you can spam-click trades while scalping)

• Auto partial-close system based on a built-in close scheme (no external files required)

• Chart lines:

  • SL line = red

  • TP lines:

    • already passed = gray

    • next TP = green

    • future TPs = orange

• Request throttling / anti-spam to reduce “too many requests” broker errors

Installation (MT5)

1. Copy the EA file into:

   • MQL5/Experts/

2. Restart MT5 or refresh the Navigator.

3. Drag BlueEdge Trading Manager onto a chart (any symbol/timeframe).

4. Enable Algo Trading / AutoTrading.

5. Make sure trading is allowed for the account/symbol.

How to Use

1. Select input mode (dropdown next to LOT):

   • PRICE: type exact SL/TP prices

   • PIPS: type pip distances (SL pips + TP1…TP5 pips)

2. Enter LOT

3. Enter SL

4. Enter TP1…TPN

   • If you leave TP4/TP5 empty, the manager will only use up to the last filled TP.

5. Press BUY or SELL

6. The manager will:

   • send the order with SL and the last TP to the broker

   • manage the intermediate TP levels internally (partial closes)

   • draw SL/TP lines on the chart

How Positions Are Closed (Important)

BlueEdge uses a multi-TP partial close plan. Only the last TP is sent to the broker as the official TP price; the other TPs are managed by the EA.

Trigger condition

• For BUY: a TP is considered reached when Bid touches/above the TP level

• For SELL: a TP is considered reached when Ask touches/below the TP level

Close plan (built-in default scheme)

Depending on how many TPs you filled (N), the manager closes these percentages of the original volume:

N = 1

• TP1: 100%

N = 2

• TP1: 30%

• TP2: 70%

N = 3

• TP1: 20%

• TP2: 20%

• TP3: 60%

N = 4

• TP1: 10%

• TP2: 20%

• TP3: 30%

• TP4: 40%

N = 5

• TP1: 10%

• TP2: 10%

• TP3: 20%

• TP4: 20%

• TP5: 40%

Rounding / broker volume step handling

• The EA builds a step-compatible close plan so it respects the symbol’s lot step (e.g., 0.01).

• At the final TP, the EA closes the remaining position completely with a full close to avoid “stuck remainders”.

Safety alerts

• If your LOT is too small for the selected TP scheme (because of broker min lot/step), the EA shows an Alert recommending a higher lot or fewer TP levels.

Anti-spam protection

If the broker returns “too many requests”, the EA activates a short cooldown before trying again.

What Trades Does It Manage?

• The EA manages positions on the current chart symbol.

• It uses a Magic Number, so it focuses on positions opened by this manager (recommended).

• Works on Hedging and Netting accounts (MT5). Netting accounts naturally have only one position per symbol.

Inputs (Settings)

• Magic Number – identifies positions opened by this EA

• Slippage (points) – max deviation for market orders

• Manage interval (ms) – management timer frequency

• Cooldown after “too many requests” (ms) – throttling delay

• Click cooldown (ms) – minimum time between BUY/SELL clicks

• Panel position/size – X, Y, width, height

Notes / Disclaimer

Trading involves risk. This product is a manual trade manager, not an automated strategy and not financial advice. Results depend on your broker’s conditions (spread, stop level, execution, lot step) and your own decisions. Always test on a demo account first.