Documentation
Complete Beginner's Guide — Easy-to-Use Trading Tools for MetaTrader 5. No coding knowledge required!
Version 1.0 • January 2026 • Made by Bneu Tech
Click buttons to trade safely
2 Trade JournalSee how well you're doing
3 Trade CopierCopy trades to other accounts
4 Prop Firm ManagerProtect your challenge
5 Prop Firm SimulatorPractice challenges for free
6 News Filter ProAutomatic news protection
Good News: These tools work with any broker and any trading strategy. You don't need to change how you trade — they just make it easier and safer.
| Product | Free Version | PRO Version |
|---|---|---|
| Trade Manager | Download Free | Get PRO |
| Trade Journal | Download Free | Get PRO |
| Trade Copier | Download Free | Get PRO |
| Prop Firm Manager | Download Free | Get PRO |
| Prop Firm Simulator | Download Free | Get PRO |
| News Filter | Download Free | Get PRO |
Goal: Get your first tool working in 5 minutes, even if you've never used MetaTrader 5 before.
That's it! You should now see a panel on your chart.
Imagine having a calculator that figures out exactly how much to risk on each trade, then places the trade for you with one button click. That's what Trade Manager does.
Before Trade Manager, placing a safe trade required calculating risk, figuring out pip distance, calculating lot size, double-checking, placing the trade manually, and setting SL/TP levels. With Trade Manager:
| Parameter | Description | Default |
|---|---|---|
| Risk calculation mode | Percent of Account or Fixed Money Amount | Fixed Money |
| Apply risk on | Account Balance or Equity | Balance |
| Risk value | Risk amount in % or $ | 1.0 |
| Default SL in pips | Default stop loss distance | 100 |
| Default TP in pips | Default take profit distance | 200 |
| Max daily loss % (PRO) | Maximum allowed daily loss | 5.0 |
| Max drawdown % (PRO) | Maximum drawdown allowed | 10.0 |
| BE activation pips (PRO) | Profit pips before activating BE | 50 |
| Key | Action |
|---|---|
| B | Execute BUY order |
| S | Execute SELL order |
| C | Close all positions |
| E | Move all to breakeven |
| R | Reverse all positions |
Q: What if I don't see the red and green lines?
Make sure "Show SL/TP lines" is enabled in the settings. If still not visible, try changing the line colors.
Q: Can I risk a percentage instead of a dollar amount?
Yes! Change "Risk calculation mode" to "Percent of Account" and enter something like 1.0 for 1%.
Q: What does "Move to Breakeven" do?
It moves your stop loss to your entry price, so if the trade reverses, you won't lose money.
Q: Is the PRO version worth it?
PRO adds auto-breakeven, auto-trailing stops, and daily loss protection. Great for active traders.
Imagine having a personal assistant that watches every trade you make and creates a report card showing how well you're doing. Trade Journal automatically tracks every trade and shows you important statistics.
Most traders lose money because they don't know:
| Statistic | What It Means | Good Number |
|---|---|---|
| Win Rate | How often your trades make money | Above 50% |
| Profit Factor | How much you make vs how much you lose | Above 1.5 |
| Average Win | Average profit when you win | Bigger than avg loss |
| Max Drawdown | Biggest losing streak you had | Under 20% |
| Sharpe Ratio (PRO) | Risk-adjusted return | Above 1.0 |
| Recovery Factor (PRO) | Net profit / Max drawdown | Above 3.0 |
Q: Does it track trades automatically?
Yes! Just attach it to any chart and it reads your account history automatically.
Q: Can I export the data to Excel?
Yes! Both versions export to CSV. PRO also creates nice HTML reports you can print.
Q: Will it slow down my trading?
No, it runs quietly in the background and doesn't affect your trading at all.
Imagine you could clone yourself and have the clone trade on another account doing exactly what you do. Trade Copier watches one account (the "master") and copies every trade to other accounts (the "slaves") automatically.
| Method | Description | Example |
|---|---|---|
| Fixed Multiplier | Master lots × multiplier | 0.1 × 2.0 = 0.2 |
| Percentage | Percentage of master lots | 0.1 × 50% = 0.05 |
| Risk Percent | Calculate based on slave account risk | 1% risk = 0.15 |
| Balance Ratio | Proportional to account balance | $10K/$50K = 0.2× |
| Equity Ratio | Proportional to account equity | Based on equity |
Q: Do both accounts need to be open at the same time?
Yes, both MetaTrader 5 platforms need to be running with the EA attached.
Q: How fast does it copy trades?
Usually within 1-2 seconds. You can add a delay if needed.
Q: Can I copy trades in reverse (BUY becomes SELL)?
Yes, PRO version has a "Reverse Copy" feature for this.
Q: Can I copy to accounts with different brokers?
Yes, as long as both accounts have the same symbols available.
Imagine having a bodyguard for your prop firm challenge that never sleeps and never makes mistakes. Prop Firm Manager watches your account 24/7 and automatically protects you from breaking prop firm rules.
| Protection | What It Does | Example |
|---|---|---|
| Auto-Pause | Stops new trades when close to limits | At 4.5% daily loss, it blocks new trades |
| Auto-Close | Closes all positions if a rule is about to break | Closes everything at 4.9% daily loss |
| Real-time Tracking | Shows where you stand on all rules | Progress bars show 8.5% profit target reached |
| Weekend Protection | Some firms don't allow weekend positions | Closes positions Friday evening |
| Prop Firm | Profit Target | Daily Loss | Max Drawdown | Time Limit |
|---|---|---|---|---|
| FTMO | 10% | 5% | 5% | 30 days |
| MyForexFunds | 8% | 5% | 5% | 30 days |
| The5ers | 6% | 5% | 5% | No limit |
| FundedNext | 10% | 5% | 5% | 30 days |
Q: Will this guarantee I pass my challenge?
It prevents rule violations, but you still need a profitable trading strategy to reach the profit target.
Q: What if my prop firm isn't in the presets?
Choose "Custom" and enter your firm's specific rules manually.
Q: Does it work for Phase 2 challenges?
Yes, you can set it to Phase 1 or Phase 2 rules (Phase 2 usually has lower profit targets).
Imagine being able to practice driving before taking your driving test. Prop Firm Simulator lets you practice prop firm challenges on demo accounts before paying real money.
Prop firm challenges cost money: FTMO $50K challenge = $540. Most challenges cost $200-$1000+. Many traders fail multiple times!
With the simulator:
Q: Is this the same as the real challenge?
The rules are identical, but it's on your demo account. Great for practice but not official.
Q: Can I run multiple simulations?
Yes! Free tracks one at a time. PRO keeps history of up to 50 attempts.
Q: Does it export results?
PRO exports detailed CSV reports with all metrics, violations, and pass/fail breakdown.
Imagine having a guardian that watches the economic calendar 24/7 and automatically protects your trades from high-impact news events like NFP, FOMC, or CPI reports.
Major news events can cause:
| Mode | What It Does | Best For |
|---|---|---|
| Protection Mode | Blocks new trades and/or closes positions during news | Most traders — avoid news volatility |
| Trading Mode (PRO) | Places straddle orders to profit from news moves | News traders — capture big moves |
| Protection Type | Description | When to Use |
|---|---|---|
| Pause Only | Blocks new trades but keeps existing positions | Want to manage existing trades manually |
| Close and Pause | Closes all positions and pending orders | Maximum protection — avoid all news risk |
| Hedge | Opens opposite positions to neutralize exposure | Want to keep positions but reduce risk |
| Impact | Events | Typical Protection |
|---|---|---|
| EXTREME | NFP, FOMC, CPI, GDP, Central Bank Decisions | Full protection recommended |
| HIGH | Employment data, inflation reports, trade balance | Protection recommended |
| MEDIUM | PMI data, consumer confidence, housing data | Optional protection |
| LOW | Minor economic indicators, speeches | Usually safe to ignore |
| Setting | Description | Default |
|---|---|---|
| Minutes Before | Start protection X minutes before news | 15 |
| Minutes After | Keep protection X minutes after news | 30 |
| Max Spread Multiplier | Alert when spread exceeds X× normal | 3.0 |
| Filter High Impact | Protect from high-impact events | Yes |
| Filter Medium Impact | Protect from medium-impact events | Yes |
| Currencies | Which currencies to monitor | USD,EUR,GBP,JPY,CHF,AUD,CAD,NZD |
Smart Feature: News Filter Pro monitors spreads and warns you when they widen beyond normal levels, even outside protection windows.
Q: Does it work with any broker?
Yes, it uses MT5's built-in economic calendar which works with all brokers.
Q: Will it close my profitable trades?
Only if you enable "Close and Pause" protection mode. You can use "Pause Only" to just block new trades.
Q: Can I use it with other EAs?
Yes! Attach it alongside your trading EA. Use the CanPlaceTrade() function for integration.
Don't worry! This looks long, but it's actually very easy. Each step takes about 30 seconds.
Download the .ex5 file from MQL5 Marketplace. Save it somewhere you can find it (like Desktop or Downloads).
Success! Your tool is now working. You should see a panel appear on your chart.
Q: Do I need coding knowledge to use these tools?
No! These are point-and-click tools. If you can use a smartphone app, you can use these.
Q: Will these work with my broker?
Yes, they work with any broker that supports MetaTrader 5.
Q: Can I use these on a Mac?
You need Windows or run Windows in a virtual machine on Mac. MT5 itself is Windows-only.
Q: Do these work on MT4?
No, these are specifically for MetaTrader 5. MT4 and MT5 are different platforms.
Q: What's the difference between Free and PRO?
Free versions have the core features. PRO adds advanced automation, unlimited history, export features, and additional protection systems.
Q: Should I start with Free or go straight to PRO?
Start with Free to test the tool. Upgrade to PRO when you want the advanced features.
Q: Can I upgrade from Free to PRO later?
Yes, they're separate products but your data and settings can be transferred.
Q: Are these tools safe to use?
Yes, they're 100% native MQL5 code with no external connections or DLL files. Your broker data stays secure.
Q: Can these tools access my login information?
No, they only access your trading data through MT5's built-in functions. They cannot see passwords or personal info.
Q: Which tool should I try first?
Trade Manager is the most popular for beginners. It immediately makes your trading safer and easier.
Q: Can I use multiple tools at the same time?
Yes! For example, you can use Trade Manager to place trades and Trade Journal to track performance simultaneously.
Still having problems? Contact support with your specific issue and include: which tool, what you were trying to do, what happened, your MT5 version number, and any error messages.
| Issue Type | Typical Resolution | Usually Fixed By |
|---|---|---|
| Installation problems | Same day | Following installation guide |
| Panel not showing | Same day | Enabling Algo Trading |
| Feature requests | Next update | Added to development roadmap |
| Broker compatibility | 2-3 days | Testing with specific broker |