TPSproDraW
by Roman Podpora · MT4
4.6
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Summary
OrderManager MT4 (Lukas Roth) is a budget-friendly MT4 expert advisor at $30 with a 4.72/5 rating and no verified performance stats. It fits traders who want lightweight order handling on MT4 but requires careful broker selection, attention to spreads, and drawdown management. Alternatives include Ultimate Extractor ($100, 5), TPSpro Trade PRO MT5 ($65, 5), EasyInsight MT5 ($80, 5), Gann Gold EA MT4 ($79, 5) and Trend Meter ($30, 5). Each alternative targets different platforms or strategies; FxRobotEasy independently reviews all products and emphasizes testing under real broker rules before trading live.
Retail forex traders compare OrderManager MT4 with alternatives because they must balance cost, platform fit and operational risk. OrderManager MT4 is an MT4 expert advisor priced at $30 with a 4.72/5 rating, but there are no verified performance stats, so traders often look at other EAs for proof, different features or MT5 compatibility. Broker rules, spreads, execution quality and potential drawdowns materially affect live results, so picking an EA that matches a trader's account size, instrument and broker is crucial. Alternatives vary in price, platform and design, which is why side-by-side comparisons matter. FxRobotEasy independently reviews all products to help traders decide.
| Metric | OrderManager MT4Main Product | TPSproDraW | Multi Anchor VWAP Pro MT4 | Lib4 EAPadPRO for MT4 | Goldbot One MT4 | EA Black Dragon |
|---|---|---|---|---|---|---|
| Rating | 0.0 | 4.6 | 0.0 | 0.0 | 0.0 | 0.0 |
| Price | $30 | N/A | $39 | N/A | $399 | $30 |
| ROI | N/A | N/A | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | N/A | N/A | N/A | N/A | N/A |
| Win Rate | N/A | N/A | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Trades | N/A | N/A | N/A | N/A | N/A | N/A |
| Downloads | 0 | 0 | 0 | 0 | 0 | 0 |
| Links |
OrderManager MT4, developed by Lukas Roth, is an expert advisor for MetaTrader 4 priced at $30 and rated 4.72/5. Its strengths are affordability, simple order management features and tight integration with MT4 workflows, making it attractive for traders who prefer a lightweight EA without complex optimization. The main weaknesses are the lack of verified live or backtested stats and the limitation to MT4; traders seeking MT5 support or documented track records will need to look elsewhere. As with any EA, performance depends heavily on broker conditions such as spreads, execution quality and commission schedules, and on risk settings that determine drawdown exposure. OrderManager MT4 suits discretionary traders who want automated order handling while retaining manual strategy control, and those with small accounts seeking a low-cost tool. FxRobotEasy independently reviews OrderManager MT4 and its competitors; demo testing is recommended before scaling live.
by Roman Podpora · MT4
by The Hung Ngo · MT4
by Vladislav Andruschenko · MT4
by Profalgo Limited · MT4
by Ramil Minniakhmetov · MT4
OrderManager MT4 is a cost-effective MT4 expert advisor at $30 with a 4.72/5 rating; it suits traders who want lightweight order management on MT4. The lack of verified performance stats means due diligence and demo testing are essential. Alternatives provide choices across MT4/MT5, feature sets and price points: premium options like Ultimate Extractor cost more, while MT5-native tools such as TPSpro and EasyInsight appeal to MT5 users. FxRobotEasy bots are also available as reviewed alternatives. No product guarantees results; match platform, broker rules and risk tolerance, and validate on demo and small live sizes first.
OrderManager MT4 is worth considering if you need an affordable MT4 order management EA — it costs $30 and has a 4.72/5 rating. However, there are no verified performance statistics, so treat vendor ratings cautiously. We recommend demo testing under your broker conditions, monitoring spreads and execution, and running a small live trial to confirm drawdown behavior before committing larger capital.
The best alternative depends on your needs. If you need MT5 support, TPSpro Trade PRO MT5 ($65, 5) or EasyInsight MT5 ($80, 5) are logical choices. If you prefer MT4 and strategy-specific tools, Gann Gold EA MT4 ($79, 5) may fit. Ultimate Extractor ($100, 5) targets buyers wanting a higher-priced option, while Trend Meter ($30, 5) suits budget-conscious users. None have verified stats, so demo testing is essential.
Broker rules such as spreads, commission structure, execution speed, order types and slippage can materially change an EA's live performance versus backtests. Narrow spreads and fast execution reduce costs, while high spreads, requotes or order reroutes can increase drawdowns. Always test any EA on a demo with your chosen broker settings and run small live sizes to observe real-world execution before scaling up.