Market / MetaTrader 4 / Utilities /

R R Trade Assistant

FREE

Published: 2 April 2026

Current version: 1.17

R R Trade Assistant

Name: R R Trade Assistant
Rating: 5 (1 reviews)
Author: Calvin Andile Mahlangu

Utilities
Calvin Andile Mahlangu
Calvin Andile Mahlangu
South Africa

5838
4.7 (19)
- https://kalifxlab.com/
I build both free and paid tools for MetaTrader 4 & 5.
🔹My goal is to keep things simple, useful, and realistic.
🔹Free tools are meant to be genuinely helpful — not limited trials.
🔹Paid tools are thoroughly backtested and created with care for practical use in live conditions.

21 products 1 comment
Version: 1.17
Updated: 4 June 2026

R R Trade Assistant is a utility Expert Advisor for MetaTrader 4 built to help traders visually define trades and manage risk efficiently.

This tool combines a graphical risk-reward interface with manual trade execution, allowing traders to easily set trade parameters directly on the chart.

Users can define Entry, Stop-Loss, and Take-Profit levels, calculate lot size based on risk percentage, and execute trades directly from the control panel.

If you like the EA, feel free to leave a positive review.

Key Features

Visual Risk-Reward Tool
Drag rectangles and lines directly on the chart to define Entry, Stop-Loss, and Take-Profit zones.

Risk-Based Lot Calculation
Automatically calculates lot size according to the selected risk percentage or fixed lot size.

Integrated Order Execution Panel
Place market orders or pending orders directly from the control panel.

Synchronized Inputs
Panel inputs and chart objects update in real time, ensuring consistency between visual elements and parameters.

Adjustable Visual Interface
Resize the risk-reward tool and adjust label sizes for better chart visibility.

Input Parameters

Order Type
Select the order type: Market, Limit, or Stop orders.

Entry Price
Set the entry level manually or drag it directly on the chart.

Stop-Loss and Take-Profit
Define levels visually on the chart or input them manually.

Risk Mode
Choose between percentage risk based on account balance or fixed lot size.

Risk-Reward Ratio
Automatically calculates the reward relative to the defined risk.

Visual Scale
Adjust the size and font of the risk-reward tool for better clarity.

Quick Start (Important)

Follow these steps to ensure the EA works correctly:

Drag RR Trade Assistant onto your chart
In the settings window, enable “Allow Algo Trading”
Click OK to attach the EA
Enable the main Algo Trading button in MT5 (top toolbar must be green)
Use the panel to place a trade

After attaching the EA check the following

Check the “Experts” and “Journal” tabs for error messages
Make sure your lot size meets broker requirements
Ensure Stop-Loss / Take-Profit are not too close to price
Confirm the market is open for the symbol

Note

It is recommended to test RR Trade Assistant on a demo account before using it on a live account in order to become familiar with the tool and optimize settings.

Support & Feedback

If you like the RR Trade Assistant tool and find it helpful, please consider leaving a positive review or 5-star rating on the MQL5 Market. Your feedback helps me improve the tool and create even better trading utilities for the community. Thank you for your support!

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1018

Rich8989 2026.08.09 11:49 #

Good EA ..Highly recommended. Many thanks for sharing

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KALIFX POSITION SIZE Calculator – Risk & Lot Size Tool KALIFX PS Calculator is a chart-based utility designed to help traders calculate position size and manage risk directly from a simple on-screen panel. It provides a structured way to define trade parameters and view calculated results before placing an order. Key Features On-Chart Control Panel: Manage all inputs and actions from a compact interface on the chart. Mode Switching: Toggle between Risk % and Fixed Lot modes. Order T

FREE

Kalifx Trade Manager is a smart on-chart trading and risk-management panel for MetaTrader 4. It replaces manual order tickets and spreadsheet risk math with a compact, draggable panel that lets you place, size, and manage trades directly from the chart — including automatic breakeven, trailing stops, and a 3-level partial close (multi-TP) system with draggable on-chart lines. Built for discretionary traders who want the speed of a one-click panel with the discipline of automated risk rules runn

30 USD

KALIFX Trailing Stop Utility for MetaTrader 4 The KALIFX Trailing Stop Utility is a tool for automated stop-loss management on the MetaTrader 4 platform. It monitors open positions and dynamically adjusts the stop-loss level as the price moves in favor of the trade. The utility can also place initial stop-loss and take-profit levels and apply breakeven rules once the trade reaches a defined profit distance. Core Functionality 1. Trailing Stop Logic When the market moves in the direction of an o

FREE

AUTO BE Utility – Breakeven Manager for MetaTrader 4 The AUTO BE Utility by KALIFX is a compact and efficient trade-management tool for MetaTrader 4. It automatically adjusts the stop-loss level to the breakeven point once the market price reaches a defined profit distance. This ensures that active trades are protected from reversals once they move into profit, without requiring manual intervention. Main Features Automatic Breakeven Control – Moves the stop-loss to breakeven when the price reac

FREE

Kalifx Local Trade Copier mt4 Kalifx Local Trade Copier replicates trades from one trading account (Master) to another (Slave) in real time. It copies opening, modifying, and closing of trades, so multiple accounts can follow the same strategy without manual intervention. It is useful for managing multiple accounts, testing strategies across different brokers, or mirroring trades between accounts. How It Works The EA runs in two modes using a single file. MASTER mode monitors trading activity

FREE

RR TradePanel is a trade execution and management Expert Advisor for MetaTrader 5. It combines visual trade planning with automated risk management, allowing trades to be planned, executed, and managed directly from the chart. The panel includes an interactive Risk/Reward tool, automatic lot size calculation based on account risk, trade management automation, and manual management controls. It is suitable for traders who want consistent position sizing and faster trade execution. Trade Planning

30 USD

X Tesla Expert Advisor – Trend-Following System for Tesla Stock Follow the Trend. Filter the Noise. Trade with Precision. The X Tesla EA is a fully automated trading system designed specifically for Tesla (TSLA) . It combines the power of two moving averages , the Parabolic SAR , and a rate of change (ROC) filter to capture strong trends and exit trades at the right moment. The system enters trades when price action aligns with the moving averages and Parabolic SAR, while the ROC filter confirm

30 USD

FREE

KALIFX POSITION SIZE Calculator – Risk & Lot Size Tool (MT4) KALIFX PS Calculator is a chart-based utility designed to help traders calculate position size and manage risk directly from a simple on-screen panel. It provides a structured way to define trade parameters and view calculated results before placing an order. Key Features On-Chart Control Panel: Manage all inputs and actions from a compact interface on the chart. Mode Switching: Toggle between Risk % and Fixed Lot modes. Order Type S

FREE

BELLA EA – Breakout Trading System for EURUSD Capture Key Level Breakouts. Ride the Trend. Protect Profits. The BELLA EA is a fully automated trading system designed to capture price breakouts at key levels (highs and lows) in the forex market. By entering trades when price breaks out of these critical points, BELLA EA aims to take advantage of rapid price movements to generate profits. With a built-in trailing stop and partial profit closure logic, the EA helps secure gains whi

35 USD

Trade Assistant X is a chart-based trade execution and management EA for MetaTrader 4. It combines one-click trading, draggable Entry/SL/TP lines, and essential trade management tools in a single control panel. Features include automatic lot sizing, ATR-based default levels, partial closes, trailing stop, breakeven, hidden (virtual) Stop Loss and Take Profit, OCO order handling, and a kill switch for drawdown protection. Everything is organized into a movable, minimizable panel with dedicated Tr

35 USD

RR TradePanel is a trade execution and management Expert Advisor for MetaTrader 4. It combines visual trade planning with automated risk management, allowing trades to be planned, executed, and managed directly from the chart. The panel includes an interactive Risk/Reward tool, automatic lot size calculation based on account risk, trade management automation, and manual management controls. It is suitable for traders who want consistent position sizing and faster trade execution. Trade Plannin

30 USD

35 USD

BLAQ SLUG EXPERT ADVISOR Blaq Slug Scalper is built to trade breakout movements based on a predefined daily price range and is optimized for GBPUSD on the H1 timeframe with configurable support for other pairs . The system identifies a morning range and creates a dynamic “box”. Once the range formation period ends, the EA places pending orders above and below the range to capture potential breakout movements. The EA also includes smart trade management features such as configurable risk pro

39 USD

Trade Assistant X is a chart-based trade execution and management EA for MetaTrader 5. It combines one-click trading, draggable Entry/SL/TP lines, and essential trade management tools in a single control panel. Features include automatic lot sizing, ATR-based default levels, partial closes, trailing stop, breakeven, hidden (virtual) Stop Loss and Take Profit, OCO order handling, and a kill switch for drawdown protection. Everything is organized into a movable, minimizable panel with dedicated Tr

35 USD

Kalifx Trade Manager X is a smart order-management EA utility designed for traders who want faster execution from an on-chart panel and safer automated position management using break-even, trailing stop, partial close, auto SL/TP, and equity protection. Core Goals Reduce manual execution errors Standardize risk per trade Lock profits consistently Protect account equity from abnormal drawdowns/floating loss KEY FEATURES A) ON-CHART ORDER PANEL (Optional) A compact trading panel is displayed

30 USD

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Rich8989 2026.08.09 11:49 #

Good EA ..Highly recommended. Many thanks for sharing

5838

Reply from developer Calvin Andile Mahlangu 2026.08.10 06:54 #

Thank you! Glad you find it useful.

pawelsky 2026.07.31 21:20 #

User didn't leave any comment to the rating

5838

Reply from developer Calvin Andile Mahlangu 2026.08.01 04:15 #

I'm happy you found it intuitive to use :). I truly appreciate your support!