# Trade Management Features

**Trade Management Features**

This page documents the main trade-management algorithms and how they are exposed in the UI and settings.

1. Break-Even (BE)

* **Available Methods:**
  * **Disabled** — Break-even feature turned off
  * **Fixed Pips** — Moves SL to breakeven after a fixed pip profit
  * **R:R Based** — Triggers based on risk-to-reward ratio
  * **ATR Multiplier** — Uses ATR indicator to determine trigger distance
* **Settings:**
  * **BreakEvenMethod** — Choose which algorithm to use
  * **BE\_Value** — Set the trigger distance (pips for Fixed, multiplier for ATR/Candle methods)
* **How to Use:** Click "Move to BE" button on any trade panel, or enable automatic break-even in EA settings

2. Partial Close (PC)

* **Available Methods:**
  * **Disabled** — Partial close feature turned off
  * **Fixed Pips** — Closes percentage of position after fixed pip profit
  * **R:R Based** — Triggers based on risk-to-reward ratio
  * **ATR Multiplier** — Uses ATR indicator to determine trigger distance
* **Settings:**
  * **PartialCloseMethod** — Choose which algorithm to use
  * **PartialClosePercentage** — Set what percentage to close (0.5 = 50%, 0.3 = 30%, etc.)
  * **PC\_Value** — Set the trigger distance (pips for Fixed, multiplier for ATR/Candle methods)
* **How to Use:** Click "Half-Close" button on any trade panel for instant partial close, or enable automatic partial close in EA settings

3. Trailing Stop (TRAIL)

* **Mode:** enum-based `ENUM_TrailMethod` with multiple strategies

3. Trailing Stop (TRAIL)

* **Available Methods:**
  * **Disabled** — Trailing stop turned off
  * **Fixed Pips** — Trails stop loss by fixed pip distance
  * **ATR Multiplier** — Uses ATR indicator for dynamic trailing distance
  * **Candle-Based** — Trails based on candle highs/lows
  * **R:R Multiple** — Trails based on risk-to-reward multiples
  * **Moving Average** — Trails stop loss using a moving average line
* **Settings:**
  * **TrailingMethod** — Choose which trailing algorithm to use
  * **Trail\_ActivationValue** — Set when trailing starts (profit distance in pips or multiplier)
  * **Trail\_DistanceValue** — Set how far behind price the stop loss trails
  * **TrailMinimumMovement** — Minimum price movement before stop loss updates
  * **TC\_CandleBuffer** — Buffer distance for candle-based trailing
* **How to Use:** Click "Add Trail" button on any trade panel, or enable automatic trailing in EA settings
* **Mode:** enum-based `ENUM_LotMethod` with three strategies

4. Lot Sizing & Risk

* **Available Methods:**
  * **Risk Percent** — Risk a percentage of your account balance per trade
  * **Risk Amount** — Risk a fixed dollar/currency amount per trade
  * **Fixed Lot Size** — Trade a fixed lot size regardless of risk
* **Settings:**
  * **LotMethod** — Choose your preferred lot sizing method
  * **RiskValue** — Enter the value (% for Risk Percent, $ for Risk Amount, lots for Fixed Size)
  * **AllowMultipleTrades** — Enable or disable scaling into positions
  * **MaxOpenTrades** — Set maximum number of concurrent positions
  * **UseStrictMarginRejection** — Reject trades that exceed margin (true) or reduce lot size automatically (false)
* **How it Works:** The EA calculates your lot size automatically based on your settings and displays it before executing manual orders
* `PreserveExistingSLTP`: when enabled, manual actions will preserve existing SL/TP unless explicitly changed.
* `ForceOverrideSLTP`: useful for immediate corrections in live-managed accounts.

6. Trade Management Mode / Magic = 0

* When `Magic = 0` the Trade Manager will operate on manual or third-party trades. See `trade-management-mode.md` for details and edge cases.

7. Session Close Behavior

* **Key Parameters** (from `Parameters.mqh`):
  * `bool CloseTradesAtSessionClose = false;` — auto-close open trades when session ends
  * `bool CancelPendingsAtSessionClose = false;` — cancel pending orders at session close

7. Session Close Behavior

* **Settings:**
  * **CloseTradesAtSessionClose** — Automatically close all open trades when trading session ends
  * **CancelPendingsAtSessionClose** — Cancel pending orders at session close
  * **UseTimeWindow** — Master on/off switch for trading hours control
  * **UseSession1 / UseSession2** — Enable dual trading sessions
  * Session timing with hour and minute precision (see `trading-hours-and-filters.md` for detailed setup)
* **How it Works:** When your defined trading session ends, the EA can automatically close positions and cancel pending orders to avoid overnight risk or unwanted exposure

Code references: 8) Logging & Safety

* Every trade management action is logged automatically
* Errors and warnings appear in the MT4 Experts log tab
* Built-in safety checks include:
  * Maximum daily drawdown limits
  * Minimum lot size enforcement
  * Slippage protection
  * Margin requirement validation