Trade tab
Sizing and order entry
- Lot from risk and stop, nine risk bases and a reward-to-risk lock.
- Every order type including stop-limit, from the lines, a list or the keyboard.
- Up to five take-profit levels, each with its own share of the lot.
Stopline Trade Manager: partial close, trailing stop and breakeven for MT5 and MT4
Your entry. Your exit. Your way.
A trade manager for MetaTrader 5 and 4. Plan the trade with lines on the chart, get the lot size from your risk and send any order type. After the entry it takes profit at up to five levels, closes in parts, trails the stop and moves it to breakeven, by the rules you set.
Launch price for the first 10 copies of each, then $99. Or rent it for 1 month ($30) and try it on your own charts.
No signals: every entry starts with you. Sold on the MQL5 Market.
If you manage your exits by hand and want one compact window, Stopline Trade Manager EZ is the trade page on its own, $30, one payment.
See Stopline Trade Manager EZWhat it catches before an order goes out
A lot that does not match your risk
A 1 % trade never quietly becomes 1.3 %. You type the risk and drag the stop; the lot comes from the tick value your account actually books and is rounded down to the broker's volume step. When the broker's published tick value differs, the panel tells you.
The market order you did not mean
Buy and Sell are greyed out while you set up a pending order. A press against the planned direction flips the plan first instead of sending. A confirmation shows lot, risk, stop and target before anything goes out.
A stop that never got set
Every order from the panel carries the stop you drew. Trades you open from your phone or the terminal's own order window can get the panel's stop and target as soon as they appear, while the terminal is running.
An order the margin cannot carry
The free margin is checked first, and the panel refuses the order with the reason instead of leaving the broker to reject it.
A risk-sized trade in 60 seconds
Attach it
Drag it onto a chart and allow Algo Trading. The entry, stop loss (orange) and take profit (teal) lines appear, already spread so you can grab them.
Place the stop
Move the orange line to where your stop belongs. The lot, the money at risk and the reward-to-risk ratio update as you drag.
Confirm
Press Buy or Sell and check the order: Enter sends it, Esc cancels. For a pending order, drag the entry line away from the price and press Place.
Get it for your terminal
$49 launch price for the first 10 copies of each version, then $99, one payment. Or rent it for 1 month ($30).
MT5/MT4 order window vs. a trade manager
MetaTrader's own order window sends the order. Sizing it and managing the exit are up to you.
| Task | MetaTrader's own order window | Stopline Trade Manager |
|---|---|---|
| Lot size (position size) | You work it out and type it | From your risk and the stop you drag, using the tick value your account books |
| Stop and target | Prices you type; the lot does not change with them | Lines you drag on the chart, with the money at risk and the reward-to-risk ratio shown as you drag |
| Take profit | One per position | Up to five, each with its own share of the lot |
| Partial close | By hand | Up to ten automatic levels, set six ways |
| Trailing stop | A fixed distance in points | Seven types: fixed, fractals, moving average, SAR, ATR, partial-close level, previous bar |
| Breakeven | By hand | Four trigger modes, offset for spread and commission |
| Daily loss limit | None | Blocks new entries at your limit for the rest of the day |
MetaTrader 5 and MetaTrader 4 as they are installed, without add-ons.
Eight tabs: partial close, trailing, breakeven and more
Each tab does one job. Hover any control for a short hint.
In Parts tab
Partial close in up to ten levels
- Levels by price, points, reward-to-risk, percent change, percent of the take profit or stop loss, or spread automatically.
- Levels already closed are remembered across restarts.
Trailing tab
Trailing stop, seven types
- Start only after the trade has moved; step, indent, every second or on each new bar.
- The stop only moves in your favour.
Breakeven tab
Breakeven in four modes
- Four activation modes: points, reward-to-risk, percent change or percent of the take profit.
- Offset fixed or spread plus commission, plus an extra profit if you want one.
- Breakeven now from the tab, the position menu or the E key.
Close tab
Close in one press
- Close the buys, the sells, everything, the profitable or the losing positions.
- Close a percentage of every position, or by magic number or ticket.
- Close everything when the total profit or loss reaches your number.
- Delete pending orders by type.
Other tab
Virtual, hidden and OCO orders
- Virtual pending orders and hidden stop loss and take profit.
- OCO groups: the first order that fills cancels the others.
- Automatic cancellation level, order trailing and a trade time manager.
Settings tab
Your limits, your look
- Four themes, high contrast, nine languages and four panel sizes.
- Guards: daily loss limit, maximum open trades, exposure per symbol, spread and lot limits.
- Presets, settings saved per symbol and your own hotkeys.
- One-click trading, or a confirmation before every order.
Info tab
Know the symbol, keep a journal
- The symbol's contract facts: tick value, contract size, margin, stop and freeze level, swaps.
- Your statistics for today, this week and this month.
- Export the trade journal to CSV, with links to the screenshots of each trade.
Minimized, the panel keeps Buy, Sell, Place and Close one click away. See every tab in the manual.
After the entry
The exit runs by your rules
A real demo trade, recorded on 28 September 2026: half the lot closes at 0.5 R, the stop moves to the entry at 0.8 R, then a 4-pip trailing stop follows the price. The rest of the position closed on the trailed stop, in profit.
Seven trailing stop types
| Type | How the stop follows |
|---|---|
| Fixed distance | Keeps a set distance behind the price. |
| Fractals | Moves to the last completed fractal. |
| Moving Average | Follows a simple or exponential moving average with your period and shift. |
| Parabolic SAR | Follows the SAR with your step and maximum. |
| ATR | Keeps a multiple of the Average True Range away, optionally from the bar's high or low. |
| Partial-close level | Moves to the last partial-close level that was hit. |
| Previous bar | Moves to the previous bar's low for buys, high for sells. |
Risk guards for prop-firm and personal accounts
| Guard | What it does |
|---|---|
| Daily loss limit | Blocks new entries for the rest of the day once the loss reaches your limit, in percent or money. |
| Maximum open trades | Refuses a new entry above your limit. |
| Exposure per symbol | Refuses an order that would take the symbol's lots above your limit. |
| Spread limit | Holds entries while the spread is wider than your limit. |
| Lot limit | Keeps the lot inside your minimum and maximum and says when it applies. |
| Free margin check | Refuses an order the free margin cannot carry, before the broker does. |
| Health dot | Shows when Algo Trading is off, the connection is lost or the daily limit is reached. |
On a prop-firm account
Stop yourself at your daily limit before the prop firm does. The daily loss limit blocks new entries for the rest of the day; maximum open trades and exposure per symbol stop you from overtrading or doubling up on one symbol. Check first that your firm allows Expert Advisors.
Try it on your own charts.
Rent it for 1 month for $30: the full panel on your live or demo account. Or buy it for $49, one payment.
What it is not
- It does not give signals, predict prices or open trades by itself. The only exception is a scheduled open that you set up in the trade time manager.
- It does not promise or improve results. It sizes, places and manages the trades you decide on.
- Virtual pending orders and hidden stops live inside the Expert Advisor: they work only while the terminal is running and connected.
- Push and e-mail alerts use the terminal's own notification settings.
Read the whole manual before you pay
User Manual
50 pages: installation from the MQL5 Market, a first trade, every tab, control, input and hotkey, and troubleshooting. The MT4 edition (51 pages) adds a chapter on what MetaTrader 4 does differently. English.
Guides
Who is behind it
Stopline Trade Manager is made by BSM Equity Pty Ltd, Australia. Questions before or after you buy: the product's Comments tab or a private message on MQL5. We answer within 24 hours.
Launch pricePrice
Stopline Trade Manager MT5 and MT4
$49USD, one payment
For the first 10 copies of each version. After that, $99.
The launch price ends with the 10th sale on the MQL5 Market, not on a date, so we cannot tell you when. MT5 and MT4 are counted separately.
- Use it on 10 computers, with any broker and account
- Free updates through the MQL5 Market
- One payment: buying costs less than two months of rent
Trying it first
Rent it for 1 month for $30: the full panel on your own live or demo charts. If the launch copies are gone by the time you decide, the price is $99.
The same panel on both platforms; the few differences come from MetaTrader 4 itself (see "MT5 or MT4" in the questions). Two separate products: buy the one for your terminal.
Payment, licence and activations are handled by the MQL5 Market under its rules. The MQL5 Market does not refund purchases, so rent it first if you are unsure. More on refunds
Only need the trade page? Stopline Trade Manager EZ costs $30, one payment.
Trade manager FAQ
Is it a position size calculator?
Yes, one is built in. Set your risk as an amount or a percent of the balance, equity, free margin or another base, place the stop, and the panel calculates the lot size from the tick value your account actually books, rounded down so the trade never risks more than you set. It then places the order and manages the position: take profit in steps, partial close, trailing stop and breakeven.
Is there a smaller edition?
Yes: Stopline Trade Manager EZ, $30, one payment. It is the trade page on its own, in one compact window: the same sizing, order types, take-profit levels and guards, with every exit by hand and no trailing stop, automatic partial close or breakeven, virtual orders or statistics. Compare the two editions.
What is a trade manager EA?
An Expert Advisor that places and manages the trades you decide on in MetaTrader: it sizes the lot from your risk, sets take-profit levels, closes in parts, trails the stop and moves it to breakeven. Stopline Trade Manager gives no signals; every entry starts with you.
Does it do partial close on MT5 and MT4?
Yes, on both: up to ten levels, set automatically or by price, points, reward-to-risk, percent change, or percent of the take profit or stop loss, closing a share of the initial lot, of the remaining lot, or a fixed lot.
Which trailing stop types does it have?
Seven: fixed distance, fractals, moving average, Parabolic SAR, ATR, the last partial-close level, and the previous bar's high or low.
Can I set several take-profit levels?
Yes, up to five per trade. Each level closes its own share of the lot and is drawn as a dotted line you can drag.
Does it support hidden stops and virtual pending orders?
Yes. Both are kept inside the Expert Advisor, so they work only while the terminal is running and connected; use a VPS or real stops when that matters.
Does it have OCO orders?
Yes: link the pending orders you place into an OCO group, and the first one that fills deletes the others. New group starts another, for example a Buy Stop above and a Sell Stop below a range.
Can I try it before I pay?
Yes: rent it for 1 month for $30 and use the full panel on your own live or demo charts. The free demo on the MQL5 Market runs only in the Strategy Tester, where MetaTrader does not pass mouse clicks to an Expert Advisor, so you can look at the panel there but not use it. Renting is the real trial.
Can I get a refund?
The MQL5 Market does not refund purchases, so don't buy blind: rent it for 1 month ($30) and use it on your own charts first. If something does not work as described, write in the product's Comments: the MQL5 rules let you ask for a fix within a month of purchase, and we answer within 24 hours.
Will it touch my other trades or Expert Advisors?
Only when you ask it to. It sends nothing without your press and a confirmation (unless you switch to one-click). Breakeven, trailing, partial closes and the Close buttons act only on positions with the panel's own magic number, so other Expert Advisors' trades are left alone. Three settings reach further, each your own choice: magic number 0 (manage every position), "Apply SL/TP to positions opened manually" (new positions on the chart's symbol opened outside the panel get its stop and target), and the Close tab's close by magic number, by ticket or Magic All. It never changes your own chart drawings.
Can I use it on a prop-firm account?
It is a manual trading tool, but the rules are the firm's: check that it allows Expert Advisors first. The daily loss limit blocks new entries for the rest of the day once your loss reaches your limit; maximum open trades and exposure per symbol stop you from overtrading or doubling up on one symbol.
Which brokers and symbols does it work with?
Any MetaTrader broker and any symbol it offers: forex, metals such as XAUUSD, indices, stock CFDs and crypto CFDs. The lot uses the tick value your account actually books, and the panel tells you when the broker's published figure is different.
MT5 or MT4: which version do I need?
The one for the terminal you trade in: Stopline Trade Manager MT5 for MetaTrader 5, Stopline Trade Manager MT4 for MetaTrader 4. The panel, the functions and the manual are the same. The differences come from MetaTrader 4 itself: no netting accounts; no stop-limit orders, so the MT4 version keeps them itself until the stop price trades and, like virtual orders, they need the terminal running; and a new ticket for the rest of a position after a partial close. Each manual lists them. The two are separate products: a purchase of one does not include the other.
On how many computers can I use it?
On 10. MQL5 ties each activation to a computer and its operating system installation, not to a trading account, so you can use any broker and any account on those computers.
I reinstalled my operating system. Do I have to buy again?
No. The new installation uses one of your 10 activations.
Does it open trades by itself?
No. Every entry starts with you. The only exception is a scheduled open you set up in the trade time manager. In a Strategy Tester run without visualization it makes one small test trade, which the MQL5 Market's automatic check requires.
Does it work on netting accounts?
Yes, on MetaTrader 5: a new trade merges into your position, and an option previews the merged lot and price before you send. MetaTrader 4 accounts keep every order as its own position.
Does it work on a Mac?
Yes, in MetaTrader 5 for macOS (metatrader5.com, macOS 10.15.7 or later) or MetaTrader 4 for macOS (metatrader4.com, macOS 11 or later), the installers MetaQuotes provides for Intel and Apple silicon. Buying, installing and using it work as the manual describes. MetaTrader's shortcuts use the Control key, not Command, and F7 may need Fn. A Mac counts as one of your 10 activations. The panel draws with the fonts the Mac has, so its text can look slightly different.
Do hidden stops work when my computer is off?
No. They live inside the Expert Advisor, so they work only while the terminal is running and connected. Use a VPS or real stops when that matters.
Can I run it on a VPS?
Yes. On a VPS with MetaTrader use it as on your computer. With MQL5 Virtual Hosting the panel is not visible, but breakeven, trailing, partial closes and hidden stops keep running.
The hotkeys do nothing. Why?
Usually an input box on the panel has the keyboard: click once on an empty part of the chart. MetaTrader never passes Alt combinations to an Expert Advisor, so use Shift or Ctrl+Shift.
Your entry. Your exit. Your way.
Launch price $49 for the first 10 copies of each version, then $99.$49, one payment. Or rent it for 1 month for $30.