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Trade Assistant Manager MT5

FREE

Published: 22 March 2026

Current version: 1.26

Trade Assistant Manager MT5

Name: Trade Assistant Manager MT5
Author: Lim Wei Liang

Utilities
Lim Wei Liang
Lim Wei Liang
Malaysia

18576
5 (18)
Algo Theory Studio | High-Performance Algorithmic Trading Tools
________________________________________________________
Welcome to the official MQL5 storefront of Algo Theory Studio.

11 products
Version: 1.26
Updated: 25 March 2026

Title : Trade Assistant Manager MT5

Trade Assistant Manager — See your risk before you click

Visual Risk Manager is a MetaTrader 5 chart utility for discretionary traders who want a clear, visual way to size positions. Place your Entry, Stop Loss, and Take Profit directly on the chart. The panel shows the lot size, the money at risk, the profit target in money, and the reward-to-risk ratio — updated as you move the lines.

What you gain

Faster decisions :

- Automatically calculate the volume / lot size based on the set risk.

Consistent risk :

- Choose "percent of balance" or a "fixed dollar" amount per trade.

Fewer surprises at execution :

- Live spread cost (round-trip, per 1.0 lot) and broker's commision or fee can be included in sizing (Optional).

One-click trading :

- Press "EXECUTE" when the geometry matches your idea. If your Entry is away from the current price, the utility can send a "market", "limit", or "stop" style order depending on where Entry sits versus bid/ask (breakout vs retracement style entries).

Cleaner workflow on the chart :

- "Follow" mode to keep Entry aligned with market price (optionally move SL/TP together) ; "Hide lines" mode for a clean chart, and a "minimizable" panel.

Geometry that stays logical :

- A BUY / SELL setup switch; if you move lines across the entry in a way that contradicts the current mode, the tool automatically flip setup and mirror distances so SL and TP stay on the correct side of entry.

Easy Breakeven :

- Easily move your SL(Stop loss) of an active position to the entry price to ensure a risk-free trade.

Who it is for

Traders who already have a manual method (price action, levels, patterns) and want transparent risk measurement and execution — on forex ,metals , indices , or other symbols where tick value and point size behave normally on your broker.

Before you use it on a live account

*Test it on a demo account and confirm lot sizing matches your expectations for your symbol and account currency.

*Enable "Algo Trading" in MetaTrader 5 and ensure your account allows the order types you use.

*Trading involves risk ; only risk capital you can afford to lose.

As this is my first release and currently in its basic version, I am eager to hear from the community. If you have any suggestion or specific features you'd like to see in the future updates, please send me a direct message! Your feedback will directly shape the upcoming Pro version.

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more...

Screenshot #1 Trade Assistant Manager MT5

Screenshot #2 Trade Assistant Manager MT5

Screenshot #3 Trade Assistant Manager MT5

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Jaroslaw Szymanski 2026.05.08 05:03 #

User didn't leave any comment to the rating

18576

Reply from developer Lim Wei Liang 2026.05.08 11:26 #

Much appreciated! I’m glad you’re finding the tool useful. Best of luck with your trades!

Fyodor Dostoevsky 2026.03.22 07:49 #

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Reply from developer Lim Wei Liang 2026.05.03 16:14 #

That is great to hear. The goal of the Trade Assistant Manager is to make complex risk management feel like second nature. I’m glad the workflow is hitting the mark for you. Happy trading!