Trade Manager MT5 and MT4, Position Size Calculator MT5, Lot Size Calculator MT5, visual trade planning

[investsoft.eu]

If you have ever opened MetaTrader 5, tried to calculate the correct lot size under pressure, and thought “there must be a faster way”, Trade Manager was built for exactly that moment.

Trade Manager MT5 is a practical trading panel that combines visual trade planning, position sizing, and trade management into one workflow directly on the chart. You plan the trade where you actually trade, set your risk once, and the tool calculates everything in real time.

For traders looking for an MT5 Trade Manager that behaves like a Position Size Calculator MT5 and a Lot Size Calculator MT5, the benefit is simple: you stop guessing, stop switching tools, and stop doing manual math. If you trade on MetaTrader 4, the same workflow is available as Trade Manager MT4, so you can use it like a position size calculator MT4 and lot size calculator MT4 inside the terminal.

If you want to see the workflow in action before going through the full feature list, the quickest way is to watch this video showcasing the most important Trade Manager MT5 features:

It shows how trade planning on the chart works, how the lot size updates in real time, and how quickly you can execute and manage a position.

How it works (simple workflow)

• Mark entry, stop loss, and take profit on the chart using draggable lines
• Choose risk mode: cash amount, percent of balance, or percent of equity
• Position size updates instantly as you move the stop loss
• SL and TP are displayed in pips, points, or account currency
• Execute quickly, then manage the trade with protection tools

Many traders use it as a MetaTrader 5 lot size calculator because it stays on the chart and updates in real time while you plan.

Markets and custom charts

Trade Manager can be used across markets available in your terminal: forex, indices, commodities, and crypto (depending on your broker). It is also compatible with custom charts such as Renko and second based charts.

Benefits you feel immediately

• Faster entries with fewer manual steps and fewer errors
• Consistent risk per trade through real time position sizing
• Clear SL and TP display in pips, points, or account currency
• Better discipline through visual planning and risk to reward ratio control
• Stronger protection after entry using break even, trailing stop variations, partial close logic, and equity protection
• Extra safety for external orders (for example from mobile) via automated set SL and TP
• Optional stealth execution logic via Hidden Mode for SL, TP, and pending orders

Key features

Position Size Calculator
Determine trade size instantly based on defined risk.

Easy Trade Planning
Plan trades directly on the chart with draggable lines for entry, stop loss, and take profit.

Real time display of SL and TP
View stop loss and take profit in account currency, pips, or points.

Advanced protection tools

Break Even options

• Basic Break Even: automatic breakeven placement
• Multi level Break Even: up to 4 levels as the trade progresses

Trailing stop variations

• Basic trailing stop
• Multi level trailing stop (up to 4 levels)
• Trailing stop following highs and lows
• Moving average based trailing stop
• ATR based trailing stop
• Partial closure trailing stop

Partial take profit and stop loss
Secure profits gradually with partial TP and SL adjustments.

Equity Protect
Automatically closes trades at a set profit or loss limit to protect capital and control drawdowns.

Stealth and efficiency tools

Hidden Mode
Hide SL, TP, and pending orders.

Automated set SL and TP for external orders
Protect orders opened by mobile or other EA.

Trailing pending orders
Allow pending orders to follow price dynamically.

Precision trade execution

• Limit Pullback Orders (LPO): enter on strategic pullbacks
• Quick trade closure: close all trades, or only profitable, losing, buy, or sell trades
• One click pending order deletion: clean up pending orders instantly
• Large trade splitting: split high volume trades into manageable portions

Efficiency and customization

• Save and load settings templates
• OCO (One Cancels the Other) for pending orders
• Risk to reward ratio management while planning trades

Official product page:
https://www.investsoft.eu/forex-trade-manager-position-size-calculator.html

Full user manual:
https://www.investsoft.eu/blog/index.php/2021/11/30/trade-manager-user-manual/

Support and trial requests:
https://www.investsoft.eu/contact


Best Regards,
InvestSoft Team

 

[investsoft.eu]

Lot Size Calculation MT5 and MT4 – how Trade Manager calculates position size from risk in real time​

If you search for a Lot Size Calculator MT5 or a practical way to do lot size calculation MT4 without breaking your focus during analysis, this is the exact workflow we built into Trade Manager. The goal is simple: you should be able to plan the trade on the chart, define risk, and get an accurate position size instantly, without switching windows or doing manual math.


Video walkthrough:

Why lot size calculation matters more than most traders think​

In real trading, most mistakes are not “bad entries”. They are sizing mistakes. A stop loss that is a few points wider than planned, a different symbol than usual, a fast market, or a moment of hesitation, and suddenly the risk per trade is no longer what you intended.

That is why Trade Manager MT5 and Trade Manager MT4 include a built in position size calculator. It works directly on the chart, so when you change the stop loss distance by moving the SL line, the lot size updates in real time.

Two ways to use the lot size calculation inside Trade Manager​

Trade Manager lets you size positions in the way that matches your style.

1) Manual lot size, automatic risk readout​

If you prefer to choose the lot size yourself, you simply enter the volume. Trade Manager immediately calculates what risk that position represents based on your stop loss distance and shows the risk percentage (balance percentage) for the planned trade.

This is useful when you already know the volume you want, but still want to confirm whether the risk is reasonable before you execute.

You can also set an acceptable risk level in the Configuration tab. If your planned trade exceeds your acceptable risk, the risk value turns red. The accepted and unaccepted risk colors are configurable in the parameters window (F7) in the RISK section.

2) Automatic lot size calculation based on risk​

If you want a true Lot Size Calculator MT5 experience, use the automatic calculation modes. You define the risk, Trade Manager calculates the lot size. As you move the stop loss line, the position size changes automatically.

There are three calculation modes:

Cash Amount
You define the fixed value you are willing to lose in account currency. Trade Manager calculates lot size automatically, and keeps recalculating it whenever the stop loss distance changes.

Example: risk $100. Move SL further away. Lot size decreases automatically to keep the same $100 risk.

Risk Balance
You set the maximum allowed risk as a percentage of account balance. Trade Manager calculates lot size based on stop loss distance and that balance percentage. Next to the mode name, the tool shows the calculated risk value in account currency.

Risk Equity
Same idea as Risk Balance, but based on account equity. Again, the tool displays the calculated risk in account currency next to the mode.

Quick example of how risk is calculated​

Let’s say your account balance is $48,000 and you choose 2% risk per trade.

2% of $48,000 is $960.

So your stop loss value in account currency cannot exceed $960 if you want to respect the 2% rule. Trade Manager does this automatically, and then it calculates the lot size that matches your SL distance for the symbol you trade. This is exactly what traders expect from a MetaTrader 5 lot size calculator, but integrated into the chart workflow.

Why traders prefer this chart based lot sizing approach​

Because it stays consistent when conditions change. You can fine tune an entry or adjust your stop loss based on price action, and the position size remains aligned with your risk. You avoid the common situation where a slightly wider stop accidentally doubles your exposure.

If you use Trade Manager MT4, the same logic applies for lot size calculation MT4 and position sizing, so you keep a consistent risk workflow across both platforms.

Learn more

If you want the full documentation and configuration details for the lot size calculation modes, the user manual is here:
https://www.investsoft.eu/blog/index.php/2021/11/30/trade-manager-user-manual/

 

[investsoft.eu]

Basic Break Even MT5 and MT4 – protect profit automatically with Trade Manager

A lot of traders talk about “moving stop to break even”, but in real trading the important question is always the same: when exactly should it trigger, and how much profit should it lock in.

That is why Trade Manager MT5 and Trade Manager MT4 use a simple, practical Break Even model built around two parameters: Activation and Profit. Once you understand those two fields, you can set a Break Even rule that fits your strategy, whether you trade forex, indices, commodities, or crypto.

Video walkthrough (see it in action):

The two parameters you set before enabling Break Even​

1) Activation
Activation answers: At what moment should Break Even trigger?
You can define the activation moment in several ways, depending on how you plan trades:

• Pips from the opening price
  Example: Activate BE after +50 pips.
• Percent (%) of the distance from entry to TP
  Example: TP is 120 pips and BE Activation is 30%.
  30% of 120 pips means activate BE at +36 pips of profit.
• Risk Reward (RR) based on the initial Stop Loss distance
  This is ideal if you already trade with R:R rules.
  Example: SL is 30 pips and BE activation is 1.0 R:R
  Activate BE at +30 pips.
  If BE activation is 1.5 R:R and SL is 30 pips
  Activate BE at +45 pips.
  Important: this always references the initial stop loss.
• Price level
  Activate BE at a specific price, which is useful around key levels.

2) Profit
Profit answers: Where should the stop loss be moved once Activation is reached?
This is the part many traders miss. Break Even does not have to mean exactly at entry. You can move SL to a protected profit level.
You can set Profit in:

• Pips
• Percent (%)
• Risk Reward (RR)
• Price

A practical example for clarity
If you place a BUY and set:

• BE activation = 50 pips
• Profit = 20 pips

Then once price reaches +50 pips, the stop is moved to +20 pips above entry. If price reverses and hits the stop, you still bank +20 pips.

Profit as percent is dynamic
Profit in percent means a percentage of the current profit at the moment BE triggers.

Example:
If you set BE profit = 50% and at the activation moment the trade is +30 pips, then SL is moved to +15 pips, which is 50% of 30 pips.

Switching units is quick​

You can switch between pips, %, RR, and price for both Activation and Profit by clicking the unit buttons next to each field. This makes it easy to match your Break Even logic to your trading plan without rewriting settings.

Enabling Break Even and applying it to trades​

After you set Activation and Profit, you enable the function by clicking the Break Even button at the top.
How the settings are applied depends on your configuration:

• If individual parameters for each trade are enabled, the Break Even settings from the main panel are copied into each new trade.
• Otherwise, the Break Even settings from the main panel apply to all orders on the current symbol.

This gives you flexibility: either manage each position separately, or apply one consistent Break Even rule per symbol.

Why this matters for real trading​

Basic Break Even is not just “move SL to entry”. It is a risk management tool that helps you stay systematic. Whether you prefer activation in pips, percent of TP distance, or RR based on your initial SL, Trade Manager lets you define the rule once and let the platform execute it consistently.


If you want the full manual section with screenshots and all parameter details, you can find it here:
https://www.investsoft.eu/blog/index.php/2021/11/30/trade-manager-user-manual/#Break_Even

Official product page with details:
https://www.investsoft.eu/forex-trade-manager-position-size-calculator.html

Support:
https://www.investsoft.eu/contact