The stop loss you forgot
You opened the trade on your phone and meant to set the stop later. One fast candle later, it was too late.
Made only for gold · XAUUSD · MetaTrader 5
Manage every gold trade like a pro.
Gold Position Manager is the MT5 trade manager made only for gold. You open the trade. It sets your stop loss, takes profit in up to 10 steps and moves your stop loss to break-even. By your rules, the same way on every trade.
- Built for gold scalpers and day traders
- Demo accounts in every plan
- No DLL, no extra programs
✓Stop loss setright after the entry
✓TP3 done+12.00 USD booked
✓Break-even doneand watched
Illustration with example numbers
Works with IC Markets, Vantage, VT Markets, PU Prime, HF Markets and other MT5 brokers
MetaTrader 5 desktop
XAUUSD only
No DLL
Every gold trader dreams big. The ones who last share one habit: they protect every trade, take profit step by step and don't hand back what the market already paid them. Gold Position Manager builds that habit into every trade you open.
The real problem
Good entries are not enough.
The hard part starts after you click BUY or SELL. Gold moves fast, and emotions move faster.
The winner that turned
The trade was 80 pips in profit. You waited for more, and closed it at a loss.
The profit taken too early
Fear closed the whole trade at 20 pips. Then gold ran 200 pips without you.
Too many clicks, too late
Closing part of five trades in MT5 means five windows and five volumes to type, while the price runs.
Gold Position Manager follows your plan, even when your emotions don't.
What it does
Your whole exit plan, done for you.
It never decides when to buy or sell. You set your rules once; it applies them to every gold trade, and you can step in with one click at any time.
A stop loss on every trade
Your stop loss is placed right after the trade opens: from the panel, from MT5 or from your phone. Pending orders get it too. If a stop loss is removed, it is put back.
401402102
Up to 10 take-profit steps
Each step closes the part you choose, for example 20%. Lock in profit early and let the rest run, without watching every tick.
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Break-even that holds
After TP1, TP2, any step you choose or a profit distance, the stop loss moves to your entry plus a small buffer. If something moves it back, it is set again.
701-705
One-click control
Stop loss to break-even, pause the steps, book profit, move the stop loss or all targets, close the trade. Each is one click, right on your chart.
Type it, nudge it or drag it
Type an exact stop loss or target price, nudge it with − and +, or drag its line on the chart. A typing mistake far away needs a second confirmation.
Book by % or by lot
Close 10% now, or exactly 0.02 lot. The remaining steps adjust to what is left, and a booking never closes the whole trade by accident.
All your trades at once
Pick ALL, BUY, SELL or IN PROFIT, then move them to break-even, book a part or close them with one click. One list shows every trade with its pips and profit.
Lot size from your risk
Choose 1% or 100 USD, and the BUY and SELL buttons show the lot that fits your stop loss. A trade above your maximum risk is blocked.
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Daily limits
Set a maximum daily loss, a maximum number of trades or a pause after a stop loss. When a limit is reached, the panel's BUY and SELL buttons lock: for the rest of the day, or for the pause you chose.
1001-1009
Spread and fast-market guard
Block new trades from the panel when the spread is too wide, and get a warning when gold suddenly moves very fast.
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Alerts on your phone
Warnings can be sent to your MetaTrader 5 phone app, for example when your PC was asleep while a trade was open.
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Progress that is saved
Every step is saved before each close, so a restart never takes the same step twice. After a restart it continues where it left off.
Meet the panel
Three tabs. Everything about your gold trade.
This is what you see on your chart. Here is what each part does for you.
MANAGE
Your trade at a glance, and in your hands.
Open a trade, follow it live and change anything with one click.
- New trade with your riskSet 1% or 100 USD; BUY and SELL use the lot that fits your stop loss. You see the loss at the stop, the value per pip and the margin before you click.
- Live resultPips from your entry and profit in money, updated with every price.
- Stop loss and break-evenType a price or use − / +. ✓ SET and ✓ DONE tell you the trade is protected.
- Your take-profit stepsPrice, distance, part closed, profit and status of every step. DONE steps show what they booked.
- One-click buttonsBreak-even now, pause steps, book % or lot, move the stop loss or all targets, close the trade.
PLAN
Your rules, in plain words.
The PLAN tab shows exactly what will happen to every gold trade, before it happens.
- One plan for every tradeStop loss, each take-profit step and when break-even starts, written as sentences, not codes.
- Colours you read in a secondRed for the stop loss, green for profit steps, amber for break-even.
- Every rule has a numberChange a rule with F7 and look for its number. Questions? Send us the number and we know exactly what you mean.
INFO
Your account and the market, in one place.
Everything you check before a trade, without opening five MT5 windows.
- Account and marginBalance, equity, free margin, the margin a new trade needs and the biggest lot your margin allows.
- Profit and lossToday, this week and this month, with the number of trades and the share of winners: a quick, honest check of how your trading goes.
- MarketSpread, volatility and how far the price moved up versus down in the last 5 minutes to 4 hours.
- Time and newsYour broker's time next to yours, and the high- and medium-impact events of the next two days with a countdown.
How a trade is managed
One trade, from entry to exit.
An example with 0.10 lot on gold (1 pip = 0.10 in price = 1.00 USD for 0.10 lot at most brokers).
Take profit in steps
Five steps, each closing 20% of the lot. The money shown is what each step books if it is reached.
TP5200 pips · +40.00
TP4100 pips · +20.00
TP360 pips · +12.00
TP240 pips · +8.00
TP120 pips · +4.00
Entry0.10 lot
SL100 pips · −100.00
Break-even, then hands off
What happens after the entry, without a click from you.
- Trade opensThe stop loss is placed 100 pips away at once.
- TP1 is reached20% is closed and the stop loss moves to the entry + 1 pip.
- Gold pulls backThe rest of the trade closes near break-even instead of at the full stop loss.
- Gold keeps goingTP2 to TP5 close the rest, step by step.
Your broker fills every close at the price available, which can differ in fast markets.
Risk before you click
You choose what you are willing to lose. The lot follows.
100USD risk (1%)
100pips stop loss
0.10lot on BUY / SELL
Lot = risk ÷ (stop loss in pips × 10 USD per pip per lot). Contract sizes can differ; the panel uses your broker's values.
Many trades, one click
Choose the group, then one button acts on all of its trades.
ALL 6BUY 4SELL 2IN PROFIT 3
BUY: SL TO BREAK-EVEN protects four trades with a single click. Then book 10% of each, or close only the sells.
By hand vs. with the tool
Less clicking. More following your plan.
| Task | By hand in MT5 | With Gold Position Manager |
|---|---|---|
| Stop loss on a new trade | Type it for every trade, easy to forget on the phone | Placed automatically, put back if removed |
| Taking partial profit | Open the trade window, type the volume, repeat | Automatic steps, or one click by % or lot |
| Break-even | Watch the price and move it yourself | Moves by your rule and is watched afterwards |
| Changing targets | Edit each order separately | Type, nudge or drag, or move all at once |
| Five open trades | Five windows, five edits | Pick a group, one click |
| Lot size | Calculator outside MT5 | Worked out from your risk on the panel |
| A bad day | Willpower only | Daily limits lock the panel's BUY and SELL |
| PC off or asleep | Only the broker's stop loss works | The same: only the broker's stop loss works. Use a VPS |
Your style, your plan
From quick scalps to longer swings.
One tool, any plan. Three examples that show how flexible it is. Examples only, not recommendations.
Fast in, fast steps
- Stop loss
- 50 pips
- Steps
- 15 / 30 / 45 / 60 / 100 pips
- Each step
- closes 20%
- Break-even
- after TP1
Lock early, let it run
- Stop loss
- 100 pips
- Steps
- 20 / 40 / 60 / 100 / 200 pips
- Each step
- closes 20%
- Break-even
- after TP1
Room to breathe
- Stop loss
- 250 pips
- Steps
- 100 / 200 / 300 / 500 / 800 pips
- Each step
- closes 20%
- Break-even
- after TP2
Where it runs: please read
It runs on your PC or VPS. Your phone is the remote control.
Gold Position Manager lives inside MetaTrader 5 on a Windows computer. It does not run in the phone app and not in our cloud. That is true for every MT5 Expert Advisor.
Your PC or laptop
Works fully while it is switched on, awake, online and running MT5. Set Windows to never sleep while trades are open.
A Windows VPS
A rented computer that is always on. Run MT5 with Gold Position Manager there, and your trades are managed while your own PC is off.
Your phone
Open and watch trades in the MT5 app. They are managed only while your PC or VPS with Gold Position Manager is running for the same account.
| What | PC or VPS running | PC asleep, off or offline |
|---|---|---|
| Stop loss of each trade (at your broker) | works | works |
| Take-profit steps and break-even | works | stops |
| Putting back a removed stop loss | works | stops |
| Trades opened on your phone | managed | not managed |
| Alerts | sent | not sent |
When the PC is back, it continues from its saved progress and tells you how long it was not running. Full details and your manual plan: System requirements and operating limits.
Setup
Ready in about ten minutes.
Install
In MT5: File → Open Data Folder → MQL5 → Experts. Copy the one file there and refresh the Navigator.
Attach
Drag Gold Position Manager onto an XAUUSD chart, switch Algo Trading on and allow it in the settings.
Set your plan
Choose your stop loss, take-profit steps, break-even and risk. The PLAN tab shows the result in plain words.
Practise, then go live
Try every button on a demo account first. On a real account, press ACTIVATE once to start.
Is it for you?
Honest answer before you buy.
Made for you if you…
- trade gold (XAUUSD) on MetaTrader 5;
- choose your own entries: scalping, intraday or swing;
- want a stop loss on every trade and profit taken in steps;
- trade from your phone and can run MT5 on a PC or VPS;
- want rules that hold on the days your emotions don't.
Not for you if you…
- want a robot that picks trades or promises profit;
- trade other symbols than gold, or use MT4;
- cannot keep MT5 running on a PC or VPS while trades are open;
- use a netting account (hedging accounts are supported);
- are not ready to watch your trades and step in yourself.
Pricing
Simple pricing. Fair terms.
Every plan has every feature, and every plan includes demo accounts to practise on. Choose how you want to pay.
$29 / month
Cancel any time
- 1 real and 1 demo MT5 account
- All features and updates while subscribed
- Support by e-mail
$99 / year
Only $8.25 a month
- 2 real and 2 demo MT5 accounts
- All features and updates while subscribed
- Support by e-mail
$299 once
Pay once, no renewals
- 5 real and 5 demo MT5 accounts
- All updates for as long as the product exists
- Support by e-mail
Cancel any time. Your plan runs until the end of the period you paid for.
Your price stays. While you stay subscribed, your price does not go up.
Refund promise. Your money back if it does not work as described: 7 days on monthly, 14 days on yearly and lifetime.
All plans: move between PCs and VPS freely and replace an account yourself on your licence page. Prices in US dollars; VAT or sales tax is added at checkout where the law requires it. Online checkout opens soon: until then the buy buttons send us an e-mail, and we reply with your payment link as soon as sales open.
Before you buy, please read the requirements and limits, the risk disclosure, the licence agreement and the refund policy, and practise on a demo account first. Payment, tax and invoices are handled by our payment partner.
Partner program
Teach gold trading? Earn with us.
If you run a gold trading channel, community or course, recommend a tool your audience can use on every trade, and earn a commission on every sale through your link. Honest promotion only.
Learn
Free guides for better gold trade management.
Plain-English guides and a free calculator, useful with or without our tool. See all guides.
Free tool
Gold lot size calculator
Your balance, risk and stop loss in; the right XAUUSD lot out.
Open the calculator → Trade managementManage gold trades in MT5
Stop loss, take profit in steps, break-even: by hand and automated.
Read the guide → Gold basicsWhat moves gold prices?
Seven factors every XAUUSD trader should understand.
Read the guide → ScalpingGold scalping on MT5
A simple management routine for fast XAUUSD trades.
Read the guide →Questions
Quick answers
Is it a trading robot?
No. Gold Position Manager is a trade manager. You decide when to buy or sell; it carries out your plan for the stop loss, take-profit steps and break-even. It does not predict the market and it cannot promise profit.
Does it work when my PC is off or asleep?
No, no Expert Advisor can. While the PC sleeps, only orders already at your broker work: the stop loss of each trade (and the last take-profit, if you give it to the broker). Keep your PC awake or run MT5 on a VPS.
Can I open trades on my phone?
Yes. Open them in the MT5 app. They are managed as long as MT5 with Gold Position Manager is running on your PC or VPS for the same account.
Is it good for gold scalping?
It was built with gold scalping in mind: protection right after the entry, small steps like 20, 40 and 60 pips, and one-click booking and break-even. It does not choose your entries, and your broker's spread and speed still matter.
Which brokers does it work with?
Any MetaTrader 5 broker that offers gold (XAUUSD) on a hedging account. It works with IC Markets, Vantage, VT Markets, PU Prime, HF Markets and other brokers. Try it on a demo account with your own broker first.
Does it manage trades I open by hand?
Yes. By default it manages your own XAUUSD trades and the trades from its BUY / SELL buttons. Setting 201 lets you choose, for example, to leave trades of other robots alone.
Is there a free trial?
No. Instead, every plan includes demo accounts, so you can learn every feature before you use real money. If it does not work on your MT5 account as described, you get your money back: within 7 days on the monthly plan, 14 days on the yearly and lifetime plans.
Does it guarantee profit?
No. It helps you follow your rules; it cannot remove market risk, slippage or broker limits. Test it on a demo account and use a risk you can afford.
Big goals in gold start with one disciplined trade.
Then the next one, managed the same way. Choose the plan that fits your trading.