The Trade Manager Dashboard
Instantly see your exposure, open positions, profit figures and exactly where your portfolio is currently at on one chart!
THIS INDICATOR HAS BEEN UPDATED, IMPROVED AND REPLACED
The Trade Manager Dashboard indicator still works perfectly well, and you can purchase it direct from the MQL5 marketplace using the links below if you wish. However, I now use the new Trade Portfolio Dashboard EA, which includes the majority of the functionality in the Trade Manager Dashboard, PLUS a lot more. You can close trades direct from that EA and it shows you more information about each trade and historical information too!
More Information & Purchase Links
The Trade Manager Dashboard
Take control of your forex portfolio. See instantly where you stand, what’s working and what’s causing you pain!
The Trade Manager Dashboard is designed to show you at a glance where each position you have in the forex market currently is, and make risk management and exposure to currencies easier to understand.
For traders that scale into the market gradually with multiple positions or those trading grid and basket strategies, this is key information to be seen. Monitoring multiple positions in the terminal is often difficult to manage.
Over leveraging and using poor risk:reward is a major issue faced by new traders and some experienced ones too, the trade manager shows you your exposure to each currency individually, ensuring you do not take a trade in both directions at once.
Features:
- Open Trades – See all your current open trade sorted by currency pair. You can see your directional bias on not only the pair, but every trade or position you have running on that pair.
- Draw down & Profit Information – See instantly the draw-down or profitability for the pairs you have trades active in. Easily identify trades that need management.
- Lot Sizing – See how many lots you have on each currency pair and the number of trades you have running.
- Exposure – See the directional bias you have on each currency to ensure you do not trade in the opposite direction on another entry. Also see how many times you are in that currency with different pairs.
- Account Details – View instantly your balance, equity and available margin details. (can be hidden)
- Max Draw down & Risk – See what your maximum draw down has been for the day (useful for FTMO and other prop traders that have daily limits) and what your total risk is if all your stops were to get hit. (can be hidden)
- Total Profit Forecast – See what your potential profit is if all your trades hit their TP targets. (can be hidden)
- R/R (Risk Reward Ratio) – Instantly see what your overall risk reward ratio is on your entire portfolio of trades. Make sure you have a positive R:R on everything you have running. (can be hidden)
- Profitability By Day – See instantly how your day, week and month are going with both a financial and percentage increase reading of your account.
- Profit Target Over-Run – The “Profit +” column shows you how much money you are currently over your daily profit target. Use this to manage positions that are going against you, to reduce account drawdown when needed.
- ALERTS FOR EVERYTHING! – Get alerted when Every trade hits a specific monetary value, your draw-down hits 80% of a certain level or your daily profit target is reached.
If, like me, you enter into forex pairs gradually with multiple positions, this trade manager dashboard will be what you’ve been waiting for. Managing a portfolio of positions and being able to instantly see where you are with each pair is almost impossible with the built-in tools in Metatrader. If you use profits to reduce your portfolio drawdown, this will show you how much spare profit you have to work with on a daily basis to manage your risk professionally.
Notes & Limitations:
Designed for forex pairs only and not compatible with indices or commodities that use single tickers like SPX, but will work on gold if using XAUUSD for example as it works on pairings of currencies.
The layout is limited to the width of your screen, so the more entries you have, the more will be listed across the page.
Ensure you have “all history” selected in your account history tab to be able to see accurate data on the profit by day display.
Compatibility with other indicators cannot be guaranteed due to the way the indicator refreshes and draws content, so it is advised to run Trade Manager in its own window on a blank chart.
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Get The Indicators & Dashboards I use
The indicators are all available direct from your MT4 or MT5 platform in the market section. Alternatively, you can get them on the MQL5.com website!
The Market Reversal Alert Indicator
The key to the strategy is knowing when price is starting to turn and change direction. This indicator draws in market structure for you, then sends you an alert so you can take a look at your charts and see if there is a valid reason to enter a trade.
The Market Reversal Alert Dashboard
This amazing dashboard monitors the major time frames and all pairs you trade and alerts you instantly when a potential reversal happens. No more staring at charts all day! Every pair and key time frame in front of you in one MT4 window. Priceless.
The ADR Reversal Indicator
The ADR Reversal Indicator shows you at a glance where price is currently trading in relation to its normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds its average range and levels above it of your choosing.
The ADR Alert Dashboard
The ADR reversal dashboard allows you to monitor every pair or instrument you trade in one dashboard. You’ll get alerted every time something exceeds your set ADR levels and ensure you will never miss an opportunity.
The Trade Manager Dashboard
Take control of your forex portfolio. See instantly where you stand, what's working and what's causing you pain! The Trade Manager Dashboard is designed to make risk management and exposure to currencies easier to understand.
The RSI and TDI Alert Dashboard
The RSI / TDI alert dashboard allows you to monitor 6 main timeframes (selectable by you) at once on every major pair you trade. The dashboard will alert you to extended conditions (overbought and oversold) when a candle closes on the chosen time frame.
Symmetrical Triangle Pattern Indicator
Profit from market contraction and consolidation after price makes new highs or lows in the market. Get alerted when a contraction is happening, ready to pounce on the next continuation or reversal move that is building up.
Symmetrical Triangle Pattern Dashboard
Get alerted and see instantly when any instrument you trade forms a symmetrical triangle pattern on any time frame. Get ready to pounce on those triangle breakouts!
Opening Range Breakout EA
Profit from the explosive moves that occur at the open of stock indices and give yourself an actionable edge every day. The opening range breakout EA can be tweaked to your liking to capture the trends that form just after the open every day on the main stock indices like the DAX, DOW, NASDAQ and S&P500.
The Market Reversal Alerts EA
Based on the indicator, this EA will auto trade signals generated from the market reversal alerts indicator. It has powerful filters to configure as you like to trade including ADR, MAs and RSI. You can also use it to basket/grid trade, and it has every risk option you can imagine.
The Price Action Toolkit EA
The missing piece of functionality in MT4!
Fast order buttons to quickly enter, adjust and exit positions and scalp with lightning speed. Get price action candlestick alerts on the most commonly traded patterns and auto execute entries and exits based on your preferences.Â
Support, Resistance & Propulsion Gaps
Automatically draw support and resistance levels PLUS propulsion candle gaps on your chart, so you can see where price is likely to head next and/or potentially reverse. This indicator is designed to be used as part of the position trading methodology taught on this website and displays key information for targeting and potential entries.
Stock Index Hedge EA
Take advantage of the opening volatility of the major stock indexes and profit from the sudden moves created at those times when the market breaks away at the opening bell. The strategies’ goal is to simply benefit from those days when the market moves fast and hard in one direction at the open and bank that move.