ElAlgo Position Guardian

About The Product

What does ElAlgo Position Guardian do?

lAlgo Position Guardian is a MetaTrader 5 position-management and risk-management assistant built for traders who want more control over open trades without relying on a signal generator or automatic entry strategy. The trader remains responsible for opening positions, while Position Guardian provides the tools needed to manage them efficiently after entry. The panel allows traders to manage multiple open positions from one interface and perform fast manual actions such as partial closing, moving a position to break even, reversing a position, locking profit, and synchronizing stop-loss settings. For traders who want more structured automation, the Auto Manage system provides up to five Partial Exit stages, configurable trigger modes based on R, Points, Price, or ATR, Automatic Break Even, and Trailing Stop functionality. Each managed position can have its own independent automation settings. Position Guardian also provides useful trade analytics, including original-risk tracking, projected exit profit, projected Risk/Reward, realized profit, realized Risk/Reward, active exit tracking, and waiting exit tracking. Management levels can also be displayed directly on the chart through TP, Break Even, and Trailing Stop visual lines. The interface supports Dark and Light themes, multiple UI size presets, and DPI-aware scaling for different display environments. Position Guardian includes both free and premium functionality. The core trade-management tools remain available without a premium license. In Auto Manage, Partial Exit 1 is available for free, while Partial Exit 2 through Partial Exit 5, Automatic Break Even, and Trailing Stop require an active premium license.