Pro Manager EA

Pro Manager EA

Pro Manager EA

What is Pro Manager EA?

The Advanced Pro Manager EA is a professional trade management Expert Advisor for MetaTrader 4 that does not open trades but provides comprehensive management of your existing open positions.

Key Features

1. Multi-Instrument Management

• No need to load EA on multiple charts, works on just one
• Manages all trades across all currency pairs from a single chart 

      2. Multiple Exit Methods:

• Trailing Stop Loss - With start trigger and following distance
• Profit Lock - Locks in profit or breakeven at specified level
• Candle Trailing - Constantly moves stoploss to previous candle high for sell and previous candle low for buy
• Swing Trailing - Constantly moves stoploss to recent swing high for sell and recent swing low for buy
• Previous Candle SL - non-trailing, set once on previous candle high for sell or previous candle low for buy
• Swing High/Low SL - non-trailing, set once on recent swing high for sell or recent swing low for buy

      3. Stop Loss & Take Profit:

• Traditional pip-based SL/TP
• Dollar-based SL/TP (risk/profit in monetary value)

4. Virtual Stop Loss:

• Hide your stops from brokers while maintaining protection
• All trailing methods can be set as virtual to hide from broker
• Visual lines on chart show virtual SL levels
• EA monitors price and closes trade when virtual level is hit

5. Smart Risk Calculator: 

·       Calculates lot size based on dollar or percentage risk as per stop loss placement 

6. Reversal Profit Protection:

• Protects against giving back too much profit.
• Closes trades when a certain percentage “%” of profit is lost during pullbacks/retracement or reversal

7. Basket Management:

• Manage total portfolio profit/loss targets
• Looks for all active trades on the different instruments and collectively close, if set amount is reached in dollars.
• Option to close on loss total or profit total
• Works even for a single trade

8. Interactive Control Panel 

• Pause/Resume button to stop management temporarily
• One Touch Close All button to exit all positions
• Real-time display of basket P/L
• Shows number of open trades
• Visual indicator when virtual SLs are active

Broker Type Recognition – automatic detection if broker is ECN or MM and information including leverage, account currency, etc…

How to Use:

• Attach the EA to your chart
• Configure the various stop loss methods via input parameters
• The EA will automatically manage any active trades on the chart symbol
• All levels will be displayed visually on the chart