Euro USD Trade Plan Assistant
- Indicators
- Version: 1.0
- Activations: 5
EUR/USD Trade Plan Assistant
Manual EUR/USD entry and risk-planning indicator for MetaTrader 5. It displays confirmed trade plans with entry, stop, target, position volume, time limit and combined account risk in a clear chart interface.
Product description
EUR/USD Trade Plan Assistant is designed for traders who want structured EUR/USD trade plans without automatic order execution.
The indicator continuously evaluates EUR/USD and can display up to three independent trade plans based on different market perspectives and time horizons. Each plan is handled separately and may generate a long or short opportunity.
When an entry is confirmed, the dashboard displays:
· Trade direction
· Confirmed entry price
· Stop-loss level
· Main target
· Risk-adjusted trading volume
· Individual plan risk
· Time limit for the trade plan
Long and short plans can exist at the same time when their respective conditions are met. The combined planned risk of all active plans is displayed at the top of the dashboard.
The indicator does not open, modify or close orders.
Main features
· Developed specifically for EUR/USD
· Up to three independent trade plans
· Separate M15, H4 and M30 plan displays
· Long and short trade plans
· Confirmed entry, stop and target levels directly on the chart
· Automatic position-volume calculation based on current account equity, the selected risk profile and broker symbol specifications
· Four predefined risk profiles plus a manual setting
· Individual risk calculation for every active plan
· Combined planned account risk shown in account currency and percent
· Clearly defined time limit for every trade plan
· Clear visual distinction between long and short plans
· Configurable historical trade-plan display
· Light and dark chart themes
· Terminal and mobile push notifications
· Manual execution only
Independent trade plans
The three plan sections operate independently.
A trade plan becomes active only when its respective confirmation requirements are met. Therefore, the dashboard may show no active plan, one active plan or several active plans at the same time.
Different plans may point in the same direction or in opposite directions. This is not a display error. Each plan represents a separate market assessment with its own entry, stop, target, volume and risk.
Whether long and short positions can be held simultaneously depends on the hedging or netting model of the trading account. The indicator displays its trade plans independently of the account model.
The user remains responsible for deciding whether to execute one, several or none of the displayed plans.
Active trading times
New trade plans are confirmed only during internally defined active trading hours intended for manual trading.
An already active plan may remain active or reach its stop, target or time limit outside this entry period. The internally defined entry schedule cannot be changed by the user.
Non-repainting confirmed signals
Once an entry has been confirmed and displayed, it is not moved to another candle, removed retrospectively or redrawn to improve the historical appearance.
A temporary entry-confirmation state is not yet an active trade plan. The dashboard clearly indicates whether a plan is awaiting final confirmation or has become active.
Completed historical plans remain available according to the selected display mode.
Risk management
EUR/USD Trade Plan Assistant calculates a risk-based trading volume for every confirmed trade plan. The calculation considers current account equity, the selected risk profile and the volume increments permitted by the broker.
The M15 plan uses the main profile value. The H4 and M30 plans each use half of that value.
The available profiles are:
· Conservative: M15 0.75%, H4/M30 0.375%
· Balanced: M15 1.00%, H4/M30 0.50%
· Standard: M15 1.50%, H4/M30 0.75%
· Aggressive: M15 2.00%, H4/M30 1.00%
· Manual Risk: User-defined M15 risk; H4/M30 use half of the selected value
Standard is the default profile.
The displayed total planned risk is the combined initial risk of all currently active plans. Actual trading results can differ due to spread, commission, swap, slippage and execution.
How to use
- Attach the indicator to an EUR/USD chart.
- Select the preferred risk profile and display settings.
- Wait until one of the plan sections shows "TRADE PLAN ACTIVE".
- Review the displayed direction, entry, stop, target, volume, plan risk and time limit.
- Decide whether the plan is suitable for your own account and current market conditions.
- Place and manage any order manually with your broker.
Only one indicator instance is required on the selected EUR/USD chart. The visible chart timeframe can be changed without attaching additional copies of the indicator.
Input parameters
Risk and account
Risk profile: Selects Conservative, Balanced, Standard, Aggressive or Manual Risk.
Manual M15 risk (%): Used only when Manual Risk is selected. It defines the risk percentage for the M15 plan. The H4 and M30 plans automatically use half of the entered value.
Display
Show chart objects: Shows or hides entry, stop, target and completed-plan objects on the chart.
Show information panel: Shows or hides the information dashboard.
Chart theme: Selects the Light or Dark visual theme.
Completed plan display: Controls how completed historical plans remain visible:
· Full color
· Neutral gray
· Markers only
· Hidden
Alerts
Alert when entry is confirmed: Generates a notification when a new trade plan becomes active.
Alert when a plan is completed: Generates an optional notification when an active plan reaches its stop, target or time limit.
Terminal pop-up alert: Enables MetaTrader terminal notifications.
Mobile push notification: Enables MetaTrader mobile push notifications. Push notifications must first be configured in the terminal settings.
Important information
· This product is an indicator and manual decision-support tool, not an Expert Advisor.
· It does not place, modify or close orders.
· It is designed and calibrated specifically for EUR/USD. Other symbols are not part of the intended use.
· The displayed M15, H4 and M30 plans are independent. Opposite trade directions may therefore appear simultaneously.
· Whether opposite positions can be held simultaneously depends on the broker and the hedging or netting model of the trading account.
· A confirmed trade plan is not a guarantee that the displayed target will be reached.
· Reaching the displayed stop, target or time limit completes only the indicator's internal trade plan. An actual broker position is not closed or modified automatically.
· Stops, targets and time limits are guidance for manual execution. The indicator does not monitor or control the user's actual broker position.
· The displayed volume is calculated from the account and symbol information available in MetaTrader.
· Volume is rounded down to the broker's permitted volume step. A plan may be unavailable when the broker's minimum volume would exceed the selected risk.
· Broker price feeds, spreads, commissions, swaps, contract sizes, minimum volumes and execution conditions can differ. Displayed prices and calculated volumes may therefore vary between brokers.
· Higher risk profiles increase both potential gains and potential drawdown. They do not improve signal quality.
· Multiple simultaneous plans increase total account exposure. Always review the total planned risk before placing an order.
· Trade plans can produce losses, consecutive losses and extended periods without a signal.
· Historical chart examples and Strategy Tester screenshots illustrate product operation only. They do not represent guaranteed or expected future results.
· Always verify the displayed volume and price levels before placing a manual order.
EUR/USD Trade Plan Assistant provides structured entry and risk information. The final trading decision, order execution and position management always remain with the user.
