Automatic risk calculation
Set risk by percentage or money amount and let the panel calculate the trade size based on your stop loss and symbol settings.
MetaTrader 5
MT5 Trade Manager
The DaneTrades MT5 Trade Manager helps manual traders enter and exit trades faster while automatically calculating risk. It is built for traders who want better control over orders, stops, targets, partials, trading restrictions and account performance inside MetaTrader 5.
- Built for MetaTrader 5
- Available on MQL Market
- Manual trading utility
- User guide and demo available
Active trading
Built for active MT5 traders
MetaTrader is powerful, but manual trade management can still be slow. Traders often need to calculate risk, place orders, adjust stop loss and take profit levels, move trades to break-even, take partials and monitor daily limits under pressure.
The MT5 Trade Manager brings those actions into one practical panel so you can manage trades with more structure and fewer manual steps.
Features
Core features
Visual risk-reward planning
Use the visual risk-reward tool to plan trades with chart lines before entering the position.
Break-even management
Move individual trades or all trades to break-even using manual controls or automatic settings based on RR, pips or price.
Trailing stop management
Configure trailing stop behaviour to help manage open trades as price moves.
Partial profit taking
Take partials manually or automatically using RR, pips or price-based rules.
Max daily loss and profit controls
Set daily loss and profit limits in percentage or money terms to help control risk and reduce emotional trading.
Pending order tools
Manage market orders and pending orders, close pending orders quickly and configure rules for how pending orders should be handled.
Account stats and trade export
View performance statistics, filter account data, save screenshots and export trades to a spreadsheet.
Notifications
Receive alerts, push notifications or email notifications when key trade events happen, such as SL, TP, break-even, partials, daily limits or trading restrictions.
Hotkeys and shortcuts
Use customisable hotkeys and shortcuts for common panel actions.
Execution quality
Designed to reduce trading mistakes
A trade manager will not make a weak strategy profitable. Its job is to help reduce execution mistakes. That means cleaner risk calculation, clearer trade management, faster exits, easier partials and better visibility over your account rules.
Prop firms
Useful for prop firm traders
The MT5 Trade Manager can be useful for prop firm traders who need tighter control over daily loss, open exposure, profit targets, trade frequency and position management. Use it to support discipline around execution, not as a guarantee of passing a challenge.
Scope
What this is not
This is not an automated trading strategy, signal service or trade copier. It does not choose trades for you. It is a MetaTrader 5 trade management utility for traders who make their own trading decisions.
Getting started
How to try it
The user guide includes setup instructions and demo access. Install the correct MT5 version, add it to MetaTrader 5, then use the guide to configure the panel for your trading style.
FAQ
Common questions
Does this work with MetaTrader 5?
Yes. This page is for the MT5 version of the DaneTrades Trade Manager.
Is this the same as the MT4 version?
It is the MT5 version of the DaneTrades Trade Manager, built for MetaTrader 5 users. If you use MetaTrader 4, visit the MT4 Trade Manager page.
Is this a trade copier?
No. This is not a trade copier. It is a manual trade management utility for MetaTrader 5.
Does it guarantee better trading results?
No. It does not guarantee profit or improve a strategy by itself. It helps with execution, risk calculation and trade management.
Can I use it for prop firm trading?
Yes, it can be useful for prop firm traders because it includes daily limits, trade restrictions, max open trade controls, break-even tools and partial management. It does not guarantee passing a prop firm challenge.
Where do I buy it?
The MT5 version is available through MQL Market.
Is there an MT4 version?
Yes. The MT4 version is available on the MT4 Trade Manager page.
Get started
Use the MT5 Trade Manager inside MetaTrader 5
Plan trades, calculate risk, manage exits, control daily limits and monitor account performance from one practical MT5 panel.