KALIFX TRADE MANAGER PRO
Kalifx Trade Manager is a smart order-management EA utility designed for traders who want faster execution from an on-chart panel and safer automated position management using break-even, trailing stop, multi-level partial close, auto SL/TP, and equity protection.
Core Goals
- Reduce manual execution errors
- Standardize risk per trade (by % of balance, fixed lot size, or a fixed money amount)
- Lock profits consistently in stages
- Protect account equity from abnormal drawdowns/floating loss
KEY FEATURES
A) ON-CHART ORDER PANEL (Optional)
A compact and interactive trading panel is built directly onto the chart, allowing precise, fast, and flexible trade execution.
BUY / SELL Buttons: Instantly initiate trade setup directly from the chart using dedicated Buy and Sell controls.
Execution Mode Switch (Market / Pending): Seamlessly toggle between Market Execution and Pending Order placement using the built-in switch button.
Send Order Button: Orders are only executed after confirmation via the Send button, or by clicking the same BUY/SELL button again to confirm execution, ensuring full control before entry.
Risk Management Mode Toggle: Click the MODE button to cycle between three position-sizing modes — Risk % (lot size calculated automatically from stop loss distance and % of account balance), Fixed Lot size (manual control), or $ Risk (lot size calculated from a fixed money amount in your account currency, regardless of balance).
Editable Risk / Lot / $ Input Field: Adjust position size dynamically depending on the selected sizing mode. The panel edit box and MODE button label update to show the active mode (Risk %, Lot, or your account currency symbol).
Draggable SL and TP Lines: Stop Loss and Take Profit levels can be visually positioned directly on the chart before execution for precise control.
Real-Time SL/TP Profit & Loss Labels: Displays projected profit and loss values on the chart, updating dynamically as SL, TP, or entry levels are adjusted.
Dynamic Entry Label (Pending Orders): When placing a pending order, the entry tag automatically reads BUY STOP, BUY LIMIT, SELL STOP, or SELL LIMIT depending on where the entry line sits relative to the current market price, alongside the planned lot size and reward:risk ratio.
Current Price Tag (Market Orders): While setting up a market order, a tag box tracks the live market price and shows the order type, planned lot size, and reward:risk ratio before you click Buy/Sell to send it.
Entry/SL/TP Lock: A padlock icon on the Current-price tag and the Entry tag toggles line-locking — locked while dragging SL rescales TP automatically to keep the same reward:risk ratio, locked while dragging Entry shifts SL and TP together to keep their distances fixed, and unlocked lets SL, TP, and Entry be dragged independently.
Multi-Level Take Profit (TP1 / TP2 / TP3): Up to three independent take-profit lines can be added on top of the main TP line, each with its own draggable line and trigger/close percentage. Toggle buttons in the panel add or remove each TP line; as price reaches each level, the configured percentage of the position is closed automatically, cascading through TP1, then TP2, then TP3.
Management Control Panel (Optional): An additional on-chart panel can be enabled via inputs, providing instant management actions for open trades.
- Close All Button: Closes all open positions on the current symbol instantly.
- Close Buy / Close Sell Buttons: Close all BUY or all SELL positions separately with a single click.
- Close % Button: Instantly closes a configured percentage of all open positions' lots, regardless of the automated Multi-TP triggers.
- Delete Pending Button: Instantly deletes all pending orders on the current symbol.
- Start TS (Instant Trailing Stop Activation): Immediately activates trailing stop based on % of Take Profit logic, regardless of initial trailing settings. Stop Loss dynamically trails at approximately 50% of current unrealized profit to help secure profits during strong price movement.
- Set BE (Break-Even Trigger): Applies break-even instantly to all applicable trades, moving Stop Loss to entry price and applying any configured offset.
B) AUTOMATED POSITION MANAGEMENT
- Auto SL/TP assignment if missing
- Break-even move based on % of TP progress
- Two trailing modes:
- Points-based trailing
- TP-progress (%) trailing with profit lock
- Partial close when target progress is reached
- Multi-level (TP1 / TP2 / TP3): each level triggers automatically once its configured % of TP distance is reached, closing its configured % of the remaining lots
C) EQUITY & FLOATING LOSS PROTECTION
- Max drawdown % protection (from peak equity)
- Floating loss amount protection (account currency)
- Floating loss % protection (relative to balance)
- Optional trading halt after protection event
- Optional auto-resume next day
D) FILTERS / EXECUTION CONTROLS
- MagicNumber support
- Slippage/deviation controls
- Symbol-aware management logic
- Pending order expiry (optional auto-expire after N minutes, or GTC)
- Custom trade comment for panel-sent orders
HOW TO USE (QUICK START)
Step 1: Attach EA to chart
- Open desired symbol chart
- Attach Kalifx Trade Manager EA
- Enable AutoTrading / Algo Trading
Step 2: Choose order size mode
- Click MODE button to cycle between Risk %, Fixed Lot, and $ Risk
- Enter value in the panel edit box
Step 3: Prepare trade entry
- Click BUY or SELL once to create SL/TP lines
- Drag SL and TP lines to desired levels
- Label boxes show estimated SL/TP monetary impact
- Optional: click the TP1 / TP2 / TP3 buttons to add extra take-profit levels, and drag each to the desired price
- Optional: click the lock icon on the Current-price or Entry tag to link SL/TP/Entry together while dragging
Step 4: Execute trade
- Click the same BUY/SELL button again to execute the order
Step 5: Let automation manage trade
- Break-even, trailing, multi-level partial close and protection rules run automatically
- Use Close %, Delete Pending, Close Buy/Sell, Start TS, or Set BE for instant manual overrides at any time
Note: Always optimize settings per symbol, spread, and volatility.
INPUT REFERENCE
BreakEven Settings
- Enable BE?
- BE % of Take Profit – % progress toward TP before BE triggers
- BE offset in points – Extra points beyond entry
Trailing Stop (Points-Based)
- Enable point-based trailing?
- Trailing start in points
- Trailing step in points
- Distance of SL from price
Trailing Stop (% of TP Based)
- Enable trailing based on % of TP?
- Trailing start % of TP
- Step for moving SL
- % of profit to lock in
Auto SL/TP Settings
- Automatically set SL/TP if missing?
- Default SL in points
- Default TP in points
Multi-TP & Partial Close Settings
- Enable Partial Close?
- TP1 / TP2 / TP3 – % of TP distance to trigger each level
- TP1 – % of lots to close
- TP2 / TP3 – % of remaining lots to close
- Close % button value – % of lots closed instantly via the panel button
Equity Protection
- Enable equity protection?
- Max total drawdown (%)
- Enable floating loss protection?
- Max floating loss (currency)
- Max floating loss (% of balance)
- Stop new trades after trigger
- Auto resume next day
Order Panel Settings
- Show trading panel?
- Show management panel below main panel
- Start mode as Risk % or Lot ($ Risk mode is reached by cycling the MODE button)
- Default Risk % value
- Default fixed lot value
- Default $ risk amount
- Panel X / Y offset
- UI refresh timer
- Show SL/TP tag boxes (entry, current-price, and TP1/TP2/TP3 lines)
General Inputs
- Magic number (0 = manage manual trades)
- Deviation in points for panel market orders
- Pending order expiry in minutes (0 = GTC)
- Trade comment for panel-sent orders
IMPORTANT NOTES
- Broker constraints may affect SL/TP placement and execution
- Always demo test before live trading
- No EA guarantees profits — manage risk responsibly
