Trade assistant & money manager for MetaTrader 5
Set your risk, drag your stop — the lot size is calculated for you. Then protect, close in parts and trail your trade with one click.
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Trade assistant & money manager for MetaTrader 5 — Lotwise Trade Manager MT5 Risk Calculator
Lotwise Trade Manager MT5 Risk Calculator is the new name of Money Manager — same licence key, many more tools. Most accounts are lost to bad lot sizes and bad trade management, not to a bad strategy. This panel stays with you from entry to exit: you choose your risk, drag your stop on the chart, and the exact lot size is calculated for you, commission included. Enter with one click on your stop (or two for a pending order), close in parts on the profit and the loss side, trail your stop like a professional — and keep only the buttons you really use.
Each one is a job it does for you, every day.
Risk a percent of your account (equity or balance) or a fixed amount, or tap one of four quick risk buttons. Move the stop loss line and the exact lot size is calculated at once — commission included — and it is never bigger than your risk.
Press Market (or the M key). A red stop loss line follows your mouse and shows the lot size. Click where your stop goes — below the price buys, above the price sells — and you are in at once, with the lot sized from your risk and the take profit from your R:R. No confirmation window, no SET button.
Press Pending (or the P key), click where you want to enter, then click where your stop goes. The order is placed at once: the panel picks Limit or Stop, the lot size and the take profit, and the order already has its gold arrows.
For moments when the market won't wait: type your lot once, then one click on BUY or SELL opens the trade. It opens without a stop loss, so add one right after with the arrow on the trade box. Don't need it? Switch the whole group off.
Every trade and every pending order has its own box on the chart with a close button and an arrow. Grab the arrow and drag: the profit side makes a take profit, the loss side a stop loss. Even when several trades sit at one price, the right trade always moves.
Close a trade in up to 8 parts in profit. The panel places the targets from real market movement (2 x ATR of the last five candles) and you choose how much closes at each one. Each level shows its pips and money on its own line, and each line has its own arrow. Partial SL does the same on the loss side. Both work on pending orders too.
Choose where the trail starts (from half to three times your risk) and how it moves — by pips or by a percent of your risk — or use R Steps, where the stop climbs one full step at a time. The stop only ever moves toward profit.
Enter your broker's commission once. Risk Free puts the stop where being hit means leaving at exactly zero loss, commission included. Move SL 50% cuts your risk in half. Auto BE drops a line on the chart; when price reaches it, the stop moves to your entry by itself.
Press # to see every button in five groups and switch off any button — or a whole group — you don't need. Only what you use stays on the panel. Press x and the whole panel folds into a small LW button; one click brings it back.
Select one trade and every button works on that trade only. The green AVG BE line shows where all your trades together are at zero. Close 25, 50, 75 or 100 percent, or close every winner, every loser, or everything — one click each. Double opens one more trade with the same stop loss and take profit, sized from your risk.
Daily loss and profit caps, a daily trade-count cap, colours and slippage — one page, and your settings persist.
Trades are 100% native MetaTrader trades and stay in History; the panel is just a transparent layer over the chart.
One key runs on one computer (any broker, any account) and activation happens once.
Lotwise Trade Manager MT5 Risk Calculator is the new name of Money Manager; existing customers download the update from My products with the same key.
MetaTrader 5 only; Algo Trading and WebRequest access to tradetoolsofficial.com must be enabled.
From choosing to running it on your chart.
Real screenshots, the full feature list and the price — all on this page.
Card, PayPal, Klarna, Apple Pay, Google Pay and more — the payment page shows what applies to you. The price you see is the price you pay.
The key and download link arrive by email, automatically.
A step-by-step guide ships inside every package.
Set your risk, drag your stop — the lot size is calculated for you. Then protect, close in parts and trail your trade with one click.