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Trade Assistant MT4

This multifunction panel Trade Assistant MT4 for manual semi-automatic trading. With the functions of calculating the risk by formula (risk / reward ratio), setting orders, tracking positions and other opportunities.

Download the free version of Trade Assistant MT4 Demo for MetaTrader 4

Main functions

  • Easy settlement of Lot for the order (Risk% and currency).
  • Orders order using graphic lines.
  • Setting orders with virtual stop levels SL and TP.
  • Setting up virtual pending orders.
  • Closing orders by type.
  • Closing of items by parts (Partial TakeProfit).
  • Pulling StopLoss (SL) at the price (Trailing Stop).
  • Translation of the StopLoss (SL) order into a non-loss (Breakeven).
  • Setting a notification if the price has crossed the line (Alert Price), available Sound, Alert, Push, Mail.

Set up the lot calculation functions

  1. Click the Settings tab.
  2. Select one of the Risk calculation: Mony / Percent options.
  3. Click the Trade tab.
  4. In the Risk field, enter the desired risk value for one transaction.
  5. Choose the ratio of Profit to Loss (default 1: 1).
  6. Turn the On switch to On to enable the function.

The ratio of Profit to Loss controls the values ​​of SL and TP. To disable it, set the ratio to 0: 0 and the lines will be free from each other.

Order setup using lines

  1. Click the Trade tab.
  2. Click the Show line button.
  3. Move the extreme lines vertically to set the desired TP and SL values.
  4. Move the center line to place a pending order.
  5. Click the appropriate button on the panel to open the order.

Line management automatically calculates lot values.

Virtual stop levels and difference from real

Real stop levels are executed on the broker server. Virtual cards are not transferred to the broker's server and executed programmatically on the computer. The function on each tick checks the price and stop levels, when the stop level is triggered, the order is sent to the server to close the position.

To enable the function, go to the Settings tab.

For the correct operation of this function, the program requires constant operation and a good Internet connection.

Closing a position in parts

  • On the Settings tab, set the desired number of parts (maximum 100).
  • This function closes the position in parts (the lot of one part is Lot \ the number of parts).

For the correct operation of this function, the program requires constant operation and a good Internet connection.

The open position can be controlled using the control buttons

  • Button R - Reverse function closes the current position and opens in the opposite direction.
  • Button L - Locked function opens a position in the opposite direction with the same lot.
  • Button X - closes the position.

Disable the menu of control buttons in additional parameters.

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Version 2.2 2018.10.18
Removing the coordinates of the coordinates in the collapsed state of the panel
Expanding the panel when changing timeframe or period
Position of marking lines when changing timeframe
Showing spread
Version 2.1 2018.10.11
Elimination of errors in the construction of marking lines
Added in advanced settings "Point (pip) Option" to select the value of the Point
Version 2.0 2018.10.08
Added selection of String options to the main parameters (String Options)
Improved arrow removal function after order
Improved markup function (TP and SL now show correct values including spread)
Version 1.9 2018.10.02
Optimization for large monitors.
Added a loss amount + commission.
Code optimization
Version 1.8 2018.09.17
Button "Show line" - renamed to "New order"
For alignment lines of the new order, alignment is added
Added parameter "Color Text TP1 TP2 ..." changes the color of the text.
Added a warning about exceeding the maximum lot.
Code optimization.
Version 1.7 2018.09.10
Updated lot function
New calculation options are added:
Currency - in the deposit currency
Percent_Balance - percent of balance
Percent_Equity - percentage of funds
Percent_Free_Margin - percentage of free margin
Percent_Custom - percentage of the user value
Version 1.6 2018.09.04
Code optimization
Version 1.5 2018.08.28
Fixed error of order markers removal.
Version 1.4 2018.08.27
Fixed checking the time for trading.
Version 1.3 2018.08.26
A new SOUND mode has been added for the Alert function
Version 1.2 2018.08.23
Improved notification system.
Now you can choose from: Message Box, Push Notification, Send Mail.
For Alert Price and Alert Time: ALERT, PUSH_NOTIFICATION, SEND_MAIL.
Added change of colors for open items.
Version 1.1 2018.08.21
Optimization to reduce CPU load.
The parameters of the ratio of profit to loss can now be set with one decimal point.