Download Price Action Trading Box Manager Expert MT5 Free Download - MetaTrader 5 Resources

Price Action Trade Box Management Expert is designed for semi-automated trade management based on: Price Action methodology.

This tool allows traders to select key price patterns and define specific areas on the chart through a dedicated panel. However, it does not detect the pattern automatically and the trader must manually place the components of the EA in the correct position of the pattern.

Once the price reaches these defined areas, experts will automatically open trading positions without manual intervention.

Spec Sheet for Price Action Trading Box Management Experts

The following table lists the specifications of Price Action Trade Management Expert.

Price Action Trade Management Expert Overview

Once the Price Action Trading Box Manager is activated on a chart, a user-friendly panel appears. The panel features a simple yet professional design, providing traders with complete control over the settings.

In this section, traders can access a list of price patterns, trade entry options, and initial configurations all in one place.

Notable features of the tool include checkpoint adjustment for precise zone placement, fast position switching (Swipe) , a trade confirmation system "Yes/No" option and instant notifications displayed in the "Expert" tab of MetaTrader 5.

Note: If the price exits this area, it will take up to 5 swings to return to the area. If you enter this area, you must exit within 10 candles. Otherwise, the policy will not be executed.

How to install and run an EA in MetaTrader 5

For a complete guide to installing Expert in MetaTrader 5 , it is recommended to refer to the comprehensive installation manual provided on the platform.

Enable "DLL" option in MetaTrader 5

In order to ensure the correct functioning of the Price Action Trading Box Management Expert function, the "Allow DLL import" option must be enabled in MetaTrader 5.

Please follow these steps to activate it:

1. In the MetaTrader 5 interface, open the "Tools" menu
2. Select "Options"
3. Navigate to the “Expert Advisors” tab
4. Select the following checkboxes:
   • Allow automated trading
   • Allow DLL imports

Price Action Trading Box Manager’s main panel

In this section of the panel, key price action patterns are listed in a structured table. Each row has buttons and options that allow traders to view detailed information about each mode.

Note: Buy and Sell modes are available for both modes. However, the tool does not automatically draw patterns on the chart; the user is responsible for selecting and positioning them manually.

• Nu: sequence number in the list
• Logo: Graphical icon indicating the type of price action pattern
• Info: Information icon for viewing details about each mode
• CP: Checkpoint status to confirm pattern position on the chart
• S: Enable sliding function to flip pattern direction
• Buy: Button to create a buy entry area for the selected mode
• Sell: Button to create a sell entry area for the selected pattern

Double top/double bottom pattern

A double top or double bottom pattern form occurs when price reaches a certain level twice but fails to break above it. After selection in the expert panel, a box appears on the chart that must be manually aligned to match the morphological structure.

If the pattern completes a maximum of five waves, the expert will automatically enter the trade.

sequential region mode

The pattern starts with a high, then a low, and then another high that is lower than the first low. Once selected, the EA displays two boxes on the chart, allowing the trader to identify patterns and define relevant areas.

Resistance or Support Retest Pattern

In this pattern, price first hits a resistance or support area, then pulls back, then returns to retest the same area.

head and shoulders pattern

The pattern consists of three peaks, with the head in the middle being higher than the shoulders . In a bullish setup, this structure looks inverted. The user can manually adjust the Expert's box to fit the correct position of the pattern.

QM Pattern

The pattern begins with a strong high before retracing to lower support. The price then moved back near the previous high, but failed to break above it and pulled back again.

Resistance or support rejection pattern

In this pattern, the price hits a resistance or support level and reverses direction. If it moves in the opposite direction again, the trading condition is met.

Expert Panel Money Management Section

This section provides tools for adjusting position size, setting risk percentage based on account balance, and adjusting risk to reward ratio. The expert also displays news alerts before economic events to help traders avoid unnecessary trades.

Money Management

• Fixed lot : fixed trading volume of each position
• % of balance: the risk percentage of the account balance of the position size
• Risk Reward: The risk-reward ratio used to set targets and stops.

News Filter

• Filter: Enable or disable the economic news time filter
• X min bef. and aft.: Set the time range for reminders before and after key news events

Note: To enable the News Filter (Filter) section, you must first activate the Web Request option in MetaTrader 5 settings. Please follow these steps:

1. In the Tools menu, go to Options.
2. Navigate to the "Expert Advisors" tab and enable "Allow WebRequests to listed URLs."
3. Paste the following address into the designated field: https://nfs.faireconomy.media/

Conclusion

Price Action Trading Box Management Expert acts as a trader's smart assistant, helping with price action analysis and precise trade execution. With manual mode block diagrams, risk and capital management tools, and news alert capabilities, the tool provides complete market control.

Its simple yet functional design enables traders to manage trades in real time and respond immediately to market fluctuations.