Smart Stop Manager

★★★★★ 5.0 Execution & Risk

Smart Stop Manager trails the stop on your open positions automatically, and only ever toward less risk; a tightened stop never loosens. Magic number filtering targets a specific EA or every trade, and the panel keeps a live portfolio risk summary. MT5 only.

About Smart Stop Manager

Trailing a stop by hand means remembering to do it, on every open position, while the market moves. Smart Stop Manager does it for you. It watches every position on your account and moves the stop closer to price as the trade works. It only ever moves one way: toward less risk. Once it has tightened a stop, that stop holds. The discipline runs itself; you read the market.

Key Features

  • Tightens the stop loss on open positions automatically as price moves in your favor
  • One-directional by design: the stop only ever moves toward less risk
  • Magic number filtering to manage a specific EA's trades, manual trades, or everything
  • On-chart panel listing every open trade with its current and recommended SL, risk and P&L
  • Counter-trend detection holds the stop steady through a pullback instead of tightening into noise
  • Retry logic that handles broker-side rejections cleanly when a modification fails
  • Portfolio risk summary in the panel footer: your combined open exposure at a glance

How traders use it

The most common pairing is with an EA that opens trades but leaves stop management to you. Once a trade is live, Smart Stop Manager takes the stop from there, advancing it as price progresses, pulling it to break-even at your threshold, tightening it step by step. You set the rules once and the manager applies them the same way to every position that matches.

Manual traders use it the same way: enter the trade, set the initial stop, and let the manager handle every follow-up move. The panel keeps a live risk summary so you always know your total exposure, broken down by position. And the counter-trend filter holds the stop steady through an obvious pullback, waiting for price to resume before it advances again.

Supported markets

Forex, indices, commodities and crypto, every instrument you trade on MT5.

Getting started

Attach Smart Stop Manager to a single chart in MT5. Set the magic number filter to the positions you want managed (a specific EA, or 0 for every trade including manual ones) and check the panel to confirm it has picked up your open trades. The tutorial at https://www.youtube.com/watch?v=2dOjgLGe1AM walks the full Smart Stop workflow, the manager included.

Works great with