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One-tap trading and trade management for MT5

Place trades straight from the chart on your phone or computer: a market order, or a limit or stop order that waits for its price. Every trade can carry a full management plan, and the plan runs on our servers, so it keeps working with the app closed.

Save up to five presets per MT5 account. Arm one on a chart and every new trade on that instrument goes on with its size, stop loss, take profits, break-even and trailing stop in one tap.

Also known as: MT5 trade manager · partial close · multiple take profits · TP1 TP2 TP3 · move stop to break-even · trailing stop · one-click trading · risk calculator · position sizing · layered entries · scale in

What it does

Features

Up to five take profits

Each take profit closes the share of the position you choose, so the trade scales out in stages and the rest keeps running.

Break-even, your way

Move the stop to the entry price at any take profit, step it up at each one, once price is part of the way to the first take profit, or at an exact price you drag on the chart.

Trailing stops

Start a trailing stop at any of the first four take profits, from break-even, or once the trade is in profit by a set amount.

Layered entries on your own trades

Spread an entry across a zone as several orders, each taking its own take profit, with unfilled orders cancelled once the first take profit is reached.

Size by risk

A fixed lot size, a size that grows with your balance, or a size that risks a set percentage of your account at the stop loss.

Manage open trades

Drag a trade's stop and take-profit lines on the chart, or change its stop, take profits, break-even, trailing stop or a partial close from one screen. Closing is press-and-hold, so a stray tap never closes a trade.

Every setting

Preset settings (saved trade setups)

Names and choices exactly as they appear in the app.

Trade size

The fixed lot size this preset places.

Stop loss distance

How far the stop loss sits from the entry, in points.

Risk per trade

Size each trade so hitting the stop loss costs this percentage of your account. Works for trades you place from the chart and for signal groups using this preset. On a layered entry the percentage is shared across the orders, so the whole entry risks it once.

Entry type

Enter at one price, or layer the entry across a zone as several orders. A signal group using this preset layers its entries too.

  • One price
  • A zone, split across several orders

Default: One price

Zone width

How wide a layered entry zone is, in points: the total span the orders are spread across.

Orders in the zone

How many orders the size is split across in a layered entry. When each order is too small to scale out on its own, each takes one take profit instead and the best-priced order rides furthest.

Cancel unfilled zone orders after

Cancels the layered orders that have not filled after this many minutes, on trades placed from the chart.

Default: No expiry

Cancel the rest of the zone at the first take profit

Once a filled layered order reaches its first take profit, the remaining unfilled orders are cancelled.

Default: On

Take profits

Up to five take profits, each with its own distance from entry and the share of the position closed there, on a slider that shows the real lot sizes underneath.

Move the stop to break-even at

Which take profit moves the stop loss to the entry price. "Step it up" moves the stop again at every further take profit.

Choices: Off · At the first take profit · At the second take profit · At the third take profit · At the fourth take profit · Step it up at each take profit

Default: Off

Break-even part-way to TP1

A second way to reach break-even: once price has gone this share of the way from entry to the first take profit, the stop moves to the entry price. It only ever moves the stop towards profit.

  • Off
  • 25%
  • Halfway
  • 75%

Default: Off

Start the trailing stop at

Which take profit turns the stop loss into a trailing stop that follows the price.

  • Off
  • At the first take profit
  • At the second take profit
  • At the third take profit
  • At the fourth take profit

Default: Off

Trailing distance

How far behind the price the trailing stop follows, in points.

Every setting

Order settings

Names and choices exactly as they appear in the app.

Buy or sell

Which way the order trades.

  • Buy
  • Sell

Order type

Trade now at market, or place a limit or stop order that waits for a price. Every order type carries the same stop loss, take profits, break-even and trailing rules.

  • Fill now at the current price
  • Buy limit — wait for a lower price
  • Sell limit — wait for a higher price
  • Buy stop — wait for price to break up through a level
  • Sell stop — wait for price to break down through a level

Trade size

The lot size the order places. It can be changed while the order is still waiting.

Entry price

The price a waiting order fills at. You can move it, including by dragging its line on the chart, until it fills.

Stop loss

The stop loss: where the trade closes if it goes the wrong way.

First take profit

How far the first take profit sits from the entry, in points.

Amount closed at the first take profit

The share of the position closed at the first take profit.

Second take profit

How far the second take profit sits from the entry, in points.

Amount closed at the second take profit

The share of the position closed at the second take profit.

Third take profit

How far the third take profit sits from the entry, in points.

Amount closed at the third take profit

The share of the position closed at the third take profit.

Fourth take profit

How far the fourth take profit sits from the entry, in points.

Amount closed at the fourth take profit

The share of the position closed at the fourth take profit.

Fifth take profit

How far the fifth take profit sits from the entry, in points.

Amount closed at the fifth take profit

The share of the position closed at the fifth take profit.

Move the stop to break-even at

Which take profit moves the stop loss to the entry price once the trade is running.

Break-even part-way to TP1

Once the order has filled and price has gone this share of the way to the first take profit, the stop moves to the entry price.

  • Off
  • 25%
  • Halfway
  • 75%

Default: Off

Break-even at the first take profit

Moves the stop to the entry price as soon as the first take profit is reached.

Trailing distance from the first take profit

Start a trailing stop once the first take profit is reached, following the price at this distance in points.

Trailing distance from the second take profit

Start a trailing stop once the second take profit is reached.

Trailing distance from the third take profit

Start a trailing stop once the third take profit is reached.

Trailing distance from the fourth take profit

Start a trailing stop once the fourth take profit is reached.

Trailing distance from break-even

Start trailing once the stop has moved to break-even.

Trailing distance once in profit

Start trailing once the trade is a set distance into profit.

Every setting

Trade size

Names and choices exactly as they appear in the app.

How trade size is decided

How trade size is worked out on trades you place: the same lot size every time, a lot size that grows and shrinks with your balance, or a size that risks a set percentage of the account at the stop loss.

  • The same lot size every time
  • A set lot size per £1,000 of balance
  • Risk a percentage of the account per trade

Default: Fixed lot size

Percentage risked per trade

The share of your account lost if the stop loss is hit. A wider stop means a smaller trade.

Lots per £1,000

How many lots to trade for each £1,000 of balance, when the size scales with your account.

Questions

One-tap trading and trade management, answered

Do the trailing stop and break-even keep working when my phone is off?

Yes. The management rules run on our servers against your hosted MT5 connection, not on your phone.

Can I close part of a trade at each take profit?

Yes, at up to five take profits, each with its own share. A partial close needs at least twice the broker's smallest lot size (0.02 lots on most forex and gold accounts).

Can I place limit and stop orders?

Yes. Buy and sell limits and stops wait for their price and carry the same stop loss, take profits, break-even and trailing rules as a market trade.