DaneTrades Trade Manager: User Guide – Other – 5 August 2023

Trade Manager to help you quickly enter and exit trades while automatically calculating your risk based on % of the account or a monetary value. Trades can be managed automatically and the account performance metrics can be visualised in a graph using the panel’s rich features which enhances the MetaTrader 5 platform.

Main Features

Risk Management

• Automatic adjustment of risk based on % or $
• Option to use fixed lot sizes or automatic lot size calculation based on volume and pips
• Breakeven stop loss settings using RR, Pips or Price
• Trailing stop loss settings 
• Max Daily Loss in % to automatically close all trades when target is hit. Protects the account from too much drawdown
• Max Daily Loss in $ to automatically close all trades when target is hit. Protects the account from too much drawdown
• Breakeven all trades with one button

Trade and Position Management

• Support for both market orders and pending orders
• Max Daily Profit Target in $ to secure positions and stop overtrading
• Max Daily Profit Target in % to secure positions
• Max Open Trades to limit risk and exposure.
• Automatically take partials using RR, Pips or Price
• Enter using fixed RR targets and see the calculated profit of the position
• Close all pending orders with one button

Graphical Panel Features

• Use a visual risk reward tool to enter trades. Visualise trades and enter using lines.
• Check account performance and stats such as Win rate, loss rate, total trades etc.
• Visualise trading performance and get a graph of stats with filters such as symbol and date range.
• Save up to 3 setting file templates for the managed settings
• Load settings files to quickly use your most preferred settings
• Automatic screenshots. Customise timeframe and size of screenshot.
• Automatic screenshots on order pending, delete, open, close, expire, hit TP or SL.
• Export all trades to a spreadsheet with one button.

Trading Hotkeys and Shortcuts

• Fully customisable hotkeys and shortcuts for main functions of the panel