mt5 ### **Trade Management Tool (Advanced Position Management Bot)** A trade management tool designed to execute and manage positions based on a predefined strategy with automated scaling, precise risk control, and flexible exit management. --- ### **Core Execution Logic:** When the user clicks **Buy** or **Sell**: * The system **automatically opens the first market position (Buy/Sell now)** * Then places multiple **limit orders** at predefined price levels within a defined range Example (Gold setup): * **Buy now:** 4739 * **Limit range:** 4739 → 4735 * **Stop Loss:** 4729 * **Take Profits:** * TP1: 4741 * TP2: 4743 * TP3: 4745 * TP Open (runner) --- ### **Position Distribution & Risk Management:** * The tool distributes positions evenly across the defined range (e.g. 4739–4735) * Example: * 20 positions × 0.01 lot each * The **total risk is fixed** (e.g. $500 per setup) * The system automatically adjusts: number of positions lot size per position based on: defined risk All positions are **equally spaced** within the range --- ### **Stop Loss Control:** * Predefined Stop Loss (SL) at setup creation * Additional buttons: * **SL +1** * **SL +2** * Custom SL adjustment --- ### **Take Profit & Exit Management:** * Multiple Take Profit levels supported: * TP1 / TP2 / TP3 / TP Open * Ability to define **percentage of positions closed at each TP level** * e.g. * 30% at TP1 * 30% at TP2 * 20% at TP3 * 20% left as runner (TP Open) --- ### **Advanced Features:** * **Break-Even (BE) Function** * Automatically move SL to BE after TP2 is reached * **Re-entry Logic** * Option to **re-place limit orders** after TP1 or TP2 is hit * **Dynamic Position Rebalancing** * Maintain structure after partial closes --- ### **Trading Terminal Interface:** Simple control panel with buttons: * **Buy** – opens long setup with full automation * **Sell** – opens short setup with full automation * **Close All** – closes all positions and cancels pending orders Additional controls: * SL adjustment buttons (SL +1 / +2 / custom) * Toggle for re-entry logic * TP distribution settings --- ### **Summary:** This tool allows: * structured scaling into positions * strict risk control in currency (e.g. $500 per trade) * automated execution and management * flexible exit strategies