Step 1: File Preparation

• Download the compiled EA file (.ex4 for MT4 or .ex5 for MT5) from your account dashboard.
• Extract files if downloaded inside a compressed ZIP package.

Step 2: Terminal Directory Placement

• Open your MetaTrader terminal.
• Click on File > Open Data Folder.
• Navigate to MQL4 (for MT4) or MQL5 (for MT5) folder, then open the Experts directory.
• Paste your expert advisor file into this folder.

Step 3: WebRequest & Permissions Setup

Configure terminal options to allow license verification and secure API communication. Note: WebRequest permission is required strictly for communication with our license server and does not execute trades directly via web requests.

• Enable “Allow Live Trading” under the Common tab when launching the EA inputs dialog.
• Go to Tools > Options > Expert Advisors tab in MetaTrader.
• Check “Allow WebRequest for listed URL” and add our trusted domain:
  https://precisiontrademanager.com

Platform Guidelines

• Trade Manager MT5 MT4 is fully available for both MetaTrader 4 and MetaTrader 5 platforms.
• MT4 Users: Must install the .ex4 version into the MQL4/Experts folder.
• MT5 Users: Must install the .ex5 version into the MQL5/Experts folder.
• The user interface and core trade-management concepts are designed to provide a consistent workflow across both environments.
• Some platform-specific execution behavior may slightly differ because MT4 and MT5 operate on different internal trading architectures and order handling models.

Verification Steps

• Confirm you have installed the correct MT4 or MT5 file version for your terminal.
• Verify the EA is attached to your intended trading chart and symbol.
• Ensure global AutoTrading is enabled on your MetaTrader toolbar.
• Check that Allow Live Trading is checked in the EA common properties.
• Confirm WebRequest permission is configured for https://precisiontrademanager.com.
• Review and tune all EA input parameters to fit your trading strategy.
• Always test the EA on a demo account before risking real funds.
• Make sure your stop-loss and risk settings align with your personal risk management plan.

How It Works

1. Click Buy or Sell once — a single stop-loss line appears on the chart.
2. Drag the line to your desired stop-loss price level.
3. Click the same button a second time — the Trade Manager MT5 MT4 calculates the exact lot size based on your configured risk % and stop-loss distance, then submits the order.

How It Works

1. Place your entry and stop-loss normally using the risk manager workflow.
2. The EA calculates your full required position size from your risk parameters.
3. If that size exceeds your broker’s per-order volume limit, the total intended exposure is automatically split into multiple orders according to configured limits and broker constraints.
4. All split orders are sent into the market under a unified stop-loss.

How It Works

1. Click Set/Trade the first time — the order line and stop-loss line appear on the chart.
2. If Take Profit and Partial Profit modules are enabled in settings, their respective lines appear on the chart as well.
3. Adjust every line visually to your preferred price levels.
4. Click Set/Trade a second time — the pending order is placed with all levels applied instantly.

How It Works

1. Click SL — a single draggable line appears on your chart, displaying live total risk calculations as you move it.
2. Position the line at your target stop-loss level.
3. Click SL again — every open position in that specific direction (buy or sell) instantly has its stop-loss updated to the line.
4. The temporary management line is automatically removed once the update completes.

How It Works

1. Click TP — a single draggable line appears, displaying live potential profit metrics as you move it.
2. Position the line at your target take-profit level.
3. Click TP again — every open position in that direction instantly updates its take-profit to match the line.
4. The line disappears automatically upon completion.

How It Works

1. Click PL — a single draggable partial-profit line appears on your chart.
2. Drag the line to the price level where you want partial closure to occur.
3. When price touches the line, the configured portion of the position volume for every open order in that direction is closed automatically.
4. The line is removed automatically once execution finishes.

Core Modes & Features

• Interactive BL Line: Drag a visual trigger line directly on your chart to activate automatic stop-loss updates when touched by price.
• Instant One-Click BE: Instantly secure all running trades simultaneously with a single click from the panel during high volatility or news events.
• Fee-Aware Calculations: Computes specific commission and swap costs for each trade order to ensure true zero-loss breakeven coverage when supported.

Mode 1 — Pip-Based Trailing

1. Enter your target pip distance in the panel field.
2. Toggle the mode on, then click TR to display the orange trail line.
3. Trailing initiates when price touches the line. Toggle TR off to deactivate.

Mode 2 — Swing Trail & Marketing Value

1. Configure the exact number of desired structural swings away from the current price.
2. The stop-loss automatically tracks and locks in profits dynamically based on the selected market structure (Swing Highs/Lows).
3. Marketing Advantage: This capability is an exceptional selling point for traders looking for robust, price-action-driven automation that adapts intelligently to market volatility rather than relying solely on rigid pips.

Mode 3 — Moving Average (MA) Trail

1. Configure timeframe, period, MA calculation method, and applied price in inputs.
2. Specify candle intersection criteria in the panel.
3. Click TR for the trail line — trailing activates based on MA values.

How It Works

1. If price moves against your entry, click TE on the panel.
2. The EA instantly adjusts the take-profit target of open positions toward their precise breakeven threshold, accounting for commission and swap where applicable.
3. If price retraces to that level, positions close automatically, mitigating the loss.

How It Works

1. Draw a trendline on your chart and rename its object identifier to exactly: BETE
2. Configure the target monitoring timeframe in the EA input settings.
3. If a candle closes against your trade direction and breaches the BETE trendline, the EA acts automatically: profitable positions move to breakeven, and losing positions have Loss Breakeven applied.
4. Any pending orders are cancelled automatically at the same moment.

How It Works

1. Place a chart text object containing exactly the single uppercase letter D to activate the module. Delete the text object to deactivate.
2. The EA scans for Dark Cloud patterns at swing highs or Gap Up patterns at swing lows on your selected timeframe.
3. Execution triggers instantly at the Open of the new candle upon confirmation.
4. On trigger: cancels opposing pending orders, moves stop-loss to breakeven on winners, and applies Loss Breakeven on losers. Sends terminal alerts and mobile push notifications.

How It Works

1. Enable Equity Protection in EA inputs and set your maximum acceptable drawdown percentage (e.g., 20%).
2. The EA monitors account equity in the background without manual intervention.
3. If equity drops to or beyond your specified threshold, only losing trades on the active symbol where the EA operates are closed instantly.
4. Winning trades on that symbol and all trades on other symbols are left untouched.

How It Works

1. Set your maximum daily risk percentage in the input parameters (e.g., 4%).
2. Choose between Equity-based calculation (including floating P&L) or Balance-based calculation.
3. Configure an early-warning distance to trigger on-screen audio-visual alerts before the cap is reached.
4. If the threshold is breached, all open positions close automatically to protect remaining capital. Tracking resets automatically at broker-server midnight.

CA — Close All Positions

1. Click CA — the button label changes to OK as a safety confirmation.
2. Click OK to confirm and close every open position on the active chart symbol instantly.

× — Delete All Pending Orders

1. Click × to instantly delete every pending limit and stop order on the active symbol.

RE — Reset Chart Lines

1. Click RE to instantly clear all drawn management lines from your chart without placing or modifying orders.

How It Works

1. Attach the EA to any chart in MT4 or MT5.
2. The EA applies its built-in professional template and panel coordinate positioning automatically. Disable this in inputs if you prefer your own custom template.

How It Works

1. Log into your dashboard and navigate to My Account → My License.
2. Enter the new account number where you want the license linked.
3. Click Update to activate the license on the new account instantly.
4. You can switch between real and demo accounts once every 12 hours with no total lifetime limits.

Troubleshooting Guide

• Why is the EA not trading? Check that global AutoTrading is enabled (green), Allow Live Trading is checked, the EA is attached properly, and broker market conditions permit trading.
• Why is WebRequest failing? Verify that WebRequest is enabled in terminal options and https://precisiontrademanager.com is added exactly as required.
• Why can’t I switch my license? Check the My Account → My License portal and ensure the 12-hour switching cooldown period has passed.
• Why does behavior differ on MT4 and MT5? MT4 and MT5 use different internal execution architectures and order structures.
• Should I test on a demo account? Yes. Always verify settings and test the EA thoroughly on a demo account before risking real capital.