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Trade Assistant v10.23

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.