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Pro Manager EA delivers centralized MT4 trade management for multi-instrument accounts

MT4utility

Discover Pro Manager EA 2026 review with verified live results, 4.5 rating and multi-instrument trade management. Read objective performance data now.

Pro Manager EA expert advisor logo for MT4
Price
$650
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Manages all open trades across multiple currency pairs from one chart

Key

Multiple exit methods including trailing stop, breakeven and partial close

Key

Configurable trailing stop with start trigger and follow distance settings

Equity protection and maximum drawdown stop options built-in

Adjustable position sizing and risk per trade parameters

Designed for MetaTrader 4 with low CPU and memory usage

Who Should Use Pro Manager EA?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Active traders who want centralized trade management without multiple instances

Ideal Trader

Recommended

Manual traders using external signals who need automated, disciplined exits

Ideal Trader

Recommended

Portfolio managers handling many currency pairs on a single MT4 account

Ideal Trader

Recommended

Users focused on equity protection and configurable risk controls

Detailed Review

In this review of Pro Manager EA for 2026, the performance analysis focuses on how the utility handles trade exits and equity protection. Pro Manager EA, created by Konanani Mushiyana, does not initiate trades but provides a centralized management layer for all open positions on MetaTrader 4. That architecture allows a single instance to monitor multiple pairs, apply trailing stop logic with start triggers and following distance, and execute partial closes or breakeven moves automatically. The listed price is $650 and public feedback shows a 4.5/5 rating across 100 reviews, with several live account tests indicating reduced peak drawdowns when exits are governed consistently. What makes Pro Manager EA unique is its multi-instrument focus paired with a modular exit suite. The algorithm continuously evaluates per-trade metrics and aggregate equity exposure, enforcing configurable maximum drawdown limits and account-level stopouts. It supports both percentage-based and fixed-lot position scaling, and can restrict activity to user-defined trading sessions to mitigate news spikes. In trending markets the trailing mechanisms capture extended profits, while in choppy markets the partial-close and time-based exits limit erosion. Pro Manager EA complements entry systems and discretionary methods by improving exit execution, and the analysis suggests conservative defaults for smaller accounts. The implementation on MT4 is straightforward and the EA prioritizes transparency: logs, on-chart displays and adjustable parameters let traders verify behavior. For traders who value exit discipline and centralized management, Pro Manager EA materially alters trade outcomes by enforcing consistent stop management rather than attempting to find new entries.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance expectations for Pro Manager EA depend heavily on the quality of entries it manages and parameter tuning. Typical win rate improvements range from 5% to 20% relative to unmanaged exits in backtests, while overall account drawdown can decline by 10% to 30% when equity protection and max-drawdown stops are enabled. Trade frequency is unchanged by the EA because it does not open new trades; instead it manages each opened position, so daily trade counts reflect your strategy. Recommended minimum account sizes vary with leverage and lot sizing, but many testers suggest starting from $2,000 to $5,000 for standard risk profiles. Timeframe considerations are minimal because it operates per position, though using M30 to H4 charts for the EA display reduces noise and aligns well with common trailing distance settings.
Risk Assessment

Pro Manager EA Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Leverage Risk45%

Impact of borrowed capital on position sizing

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Overall risk level with Pro Manager EA is moderate when configured conservatively. The primary stop loss strategy is dynamic: trailing stops with a configurable start trigger and following distance, combined with optional breakeven moves and equity stopouts. Position sizing supports fixed lots or percentage-of-equity methods so users can enforce strict risk-per-trade limits. Vulnerabilities include sharp news gaps and illiquid exotic pairs where stops may be skipped or widened; the EA mitigates this by allowing session and instrument filters. For typical retail leverage, a recommended starting account size is $2,000 to $5,000 to allow sensible lot sizing and buffer for volatility when using default settings and conservative risk parameters for Pro Manager EA.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Pro Manager EA Setup Guide & Installation

Step-by-step instructions to get Pro Manager EA running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the Pro Manager EA file into the Experts folder of your MT4 data directory and restart the platform so the EA appears in the Navigator. Attach the EA to a single chart (any symbol and timeframe) and enable automated trading. Configure key parameters such as trailing start, trailing distance, partial close percentages, max drawdown stop and position sizing method. Use ECN or STP brokers with stable prices and low spreads for best results. Prefer M30 or H1 charts for display and testing. Run extensive forward demo tests for 4 to 12 weeks before deploying on live accounts and record equity curves and drawdown metrics.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install the Pro Manager EA file into the Experts folder of your MT4 data directory and restart the platform so the EA appears in the Navigator. Attach the EA to a single chart (any symbol and timeframe) and enable automated trading. Configure key parameters such as trailing start, trailing distance, partial close percentages, max drawdown stop and position sizing method. Use ECN or STP brokers with stable prices and low spreads for best results. Prefer M30 or H1 charts for display and testing. Run extensive forward demo tests for 4 to 12 weeks before deploying on live accounts and record equity curves and drawdown metrics.

Ready to Install?

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Developed by Konanani Mushiyana

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Pro Manager EA is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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  • Detailed setup documentation
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650
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