Smart Sl Tp Manager For Mt5

Smart Sl Tp Manager For Mt5

Smart Sl Tp Manager For Mt5 is a lightweight and reliable trading utility designed to help you manage risk automatically.
It instantly sets Stop Loss and Take Profit levels for every manual trade you open, ensuring your positions are always protected.

Perfect for traders who want more discipline, less stress, and consistent risk management.

⭐ Key Advantages

• ✅ Automatic SL & TP for all manual trades

• ✅ Works with both Netting & Hedging accounts

• ✅ Re-applies SL/TP when you add new positions

• ✅ Simple setup – attach once and trade as usual

• ✅ Fast and lightweight (no extra terminal load)

• ✅ Flexible: fixed points or risk/reward based

⚙️ Inputs & Parameters

• OnlyManual – true/false
  Apply only to manual trades (ignore EA trades).

• OverwriteOnEveryDeal – true/false
  Re-apply SL/TP every time a new deal is added.

• SL_Points – integer
  Stop Loss distance in points (e.g. 200 points ≈ $2 on XAUUSD).

• TP_Points – integer
  Take Profit distance in points.

• RiskReward – double
  Auto-calculate Take Profit as SL × RiskReward.

• ApplyToAllSymbols – true/false
  Apply to all instruments or only the attached chart.

• SkipIfLevelsExist – true/false
  Do not modify trades that already have SL/TP.

? How to Use

1. Attach the EA to any chart in MT5.

2. Configure your preferred SL & TP values in the inputs.

3. Open trades manually → EA instantly applies Stop Loss & Take Profit.

4. Keep trading – every new trade will be auto-protected.

? Why Traders Use Smart Sl Tp Manager For Mt5

• Automatic protection against sudden reversals

• Saves time and effort

• Improves trading discipline

• Works on any symbol or instrument