Smart Stop Manager

Smart Stop Manager is a utility EA that runs alongside your trading activity and automatically tightens stop losses on open positions. It monitors every position on your account and moves stops closer to price as conditions improve - but it never moves a stop in the wrong direction. Once a stop is set tighter, it stays tight. The tool handles the mechanical discipline of stop management so you can focus on reading the market.

Key Features

• Automatically adjusts stop losses on open positions as price moves in your favor
• One-directional logic: stops only improve, never widen
• Magic number filtering to target specific EAs or manual trades only
• On-chart panel displaying all open trades with individual risk and P&L figures
• Retry logic for failed modification attempts (handles broker-side rejections cleanly)
• Counter-trend detection to avoid premature stop tightening during retracements
• Portfolio risk summary in the panel footer showing combined exposure
• Hedging account support only - does not work with netting accounts

How traders use it

The most common use case is pairing Smart Stop Manager with an EA like Power Candle EA that opens positions but does not trail stops. Once a trade is live, Smart Stop Manager takes over the stop management - advancing the SL as price progresses, pulling it to breakeven at a defined threshold, or tightening it incrementally. You set the rules once, and the manager applies them consistently across every matching position.

Manual traders use it the same way. You enter a trade, set your initial stop, and Smart Stop Manager handles all follow-up adjustments. The panel gives you a live risk summary so you always know your total portfolio exposure at a glance, broken down by position. The counter-trend filter means stops are not moved during obvious pullback conditions - the EA waits for price to resume before advancing the SL further.

Supported markets

All instruments available on hedging MT5 accounts: forex, indices, commodities, crypto.

Getting started

Smart Stop Manager requires MT5 with a hedging-enabled account - netting accounts are not supported. Attach the EA to a single chart, configure your magic number filters to target the positions you want managed, and review the panel to confirm it has picked up your open trades. The tutorial at {{VIDEO_URL}} covers the setup process and the panel in detail.