Description
Trade Manager Standard โ Demo Version
Trade Manager Standard is not a signal bot โ it is a trade management assistant that automates the management of manually opened
positions. Once you enter a trade, the bot takes over: monitoring price, moving stop loss to break-even, and activating a trailing stop
automatically.
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Strategy Type & Trading Approach
This tool is designed for manual traders who want to remove emotion from trade management. You open positions your own way (any
strategy, any market); Trade Manager Standard handles everything after entry โ break-even, trailing, and SL/TP adjustment โ from a clean
on-chart panel.
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Entry Conditions & Behavior at Execution
- No automatic entry signals are generated
- The bot detects all open positions matching its label
- Once a position is detected, it begins monitoring automatically
- Break-even is triggered when price moves a set distance in profit (R-multiple)
- Trailing stop activates after the break-even trigger and follows price at a fixed distance
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Risk Management & Money Management
- Auto Lot: calculates position size based on Risk % of Balance or Equity and SL distance in pips
- Fixed Lot: manual override available
- Max Lot cap: prevents oversizing
- Max Spread filter: blocks new management if spread exceeds threshold
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Main Parameters
โโโโโโโโโโโโโโโโโโฌโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ Parameter ใใใใใ โ Description ใใใใใใใใใใใใใใใ โ
โโโโโโโโโโโโโโโโโโผโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโค
โ Risk % ใใใใใ โ Percentage of account risked per trade ใใใใใใใใใใ โ
โโโโโโโโโโโโโโโโโโผโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโค
โ SL (Pips) ใใใใใ โ Default stop loss distance ใใใใใใใใใใใใใ โ
โโโโโโโโโโโโโโโโโโผโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโค
โ RR Ratio ใใใใใ โ Risk-reward ratio for TP calculationใใใใใใใใใใใ โ
โโโโโโโโโโโโโโโโโโผโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโค
โ BE Trigger ใใใใ โ Distance in R to move SL to break-even ใใใใใใใใใใ โ
โโโโโโโโโโโโโโโโโโผโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโค
โ Trail Start ใใใใ โ Distance in R to begin trailing ใใใใใใใใใใใใ โ
โโโโโโโโโโโโโโโโโโผโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโค
โ Trail Distance ใใใ โ Gap between price and trailing SL ใใใใใใใใใใใ โ
โโโโโโโโโโโโโโโโโโดโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
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Optimal Users
- Manual traders on any instrument or timeframe
- Traders who struggle with discipline in managing open trades
- Beginners learning position management in a structured way
- Any account size โ minimum lot is respected automatically
- Demo accounts only (this version)
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Important Limitations & Notes
- This is a demo version: fully functional on demo accounts, not available on live accounts
- Does not generate trade signals or open positions automatically
- Requires cTrader platform (not available on MT4/MT5)
- To use on live accounts, please refer to the full version: Trade Manager Standard
Note on Backtesting: This is a trade management tool and does not generate entry signals. It manages manually opened positions only.
Backtest results are not applicable. Performance depends entirely on the user's own trading strategy.
