Trade Assistant v10.23

Description

Content: Expert: Trade Assistant MT4_10.23_fix.ex4

Advanced Trade Management Panel – Features Overview

This powerful tool enhances your trading efficiency by offering precise risk calculations, intuitive order placement, and smart management tools. Whether you’re a beginner or a seasoned trader, the panel provides flexibility, control, and automation for your trades.

Key Functionalities

✅ Risk Management & Lot Calculation

• Automated Risk Calculation: Calculates lot size based on the defined risk and Stop Loss size.

• Custom Risk Settings: Define risk as:

  • Fixed amount in currency ($)

  • % of Balance, Equity, Free Margin

  • % of previous Day/Week/Month Average Balance

• Lot Calc Toggle: Enable or disable automatic lot calculation.

• R/TP and R/SL Ratios: Set Take Profit to Stop Loss ratio (e.g., 1:1, 2:1).

• RR Toggle: Quickly enable or disable Risk/Reward ratio calculation.

Order Placement & Visualization

• Visual Trading Lines: Displays Entry, Stop Loss, and Take Profit lines directly on the chart for easy setup and visualization before execution.

• Simple Order Setup: Easily place new market or pending orders with full risk and reward context.

Order Management Tools

• Partial Close: Close a percentage of the trade based on volume.

• Virtual SL/TP: Hide Stop Loss and Take Profit levels from brokers.

• Position Management by Type: Close trades based on order type or upon reaching a specific profit.

• Trade Time Manager: Automate trade opening/closing based on time settings.

• OCO Orders (One Cancels Other): Automatically cancel other pending orders once one is triggered.

• Virtual Pending Orders: Mimic pending orders without placing them with the broker.

• Breakeven Function: Shift Stop Loss to breakeven after reaching predefined profit levels.

Trailing Stop System – 7 Modes

• Standard (in pips)

• Fractals

• Moving Average (MA)

• Parabolic SAR

• ATR (Average True Range)

• Partial Close Trailing

• High/Low of Previous Bars

Additional Features

• Symbol Switcher: Instantly switch between chart symbols, with optional sync across charts.

• Hotkeys: Execute trades and control the chart using customizable shortcuts.

• S/R Breakout Alerts: Receive notifications when support or resistance lines are broken.

• Automatic Chart Screenshot: Capture the chart manually or automatically for trade documentation.