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I am a trader myself, and I build the tools I need in my own trading. That is why I know what a manual trader really needs: fixed risk on every trade, the right lot size in seconds, and fast trade management without extra windows.
My tools do not trade by themselves and do not promise profits. They help you follow your own plan.
Questions, bugs or feature ideas? Send me a private message here on MQL5. I usually reply within 24 hours.
Stop Target Position Planner is a free tool for MetaTrader 5, like the risk/reward tool on TradingView. Click your entry, then click your stop loss. The tool draws the stop, the entry and as many take-profit levels as you want, in multiples of R, with pips and R on every line. You set everything from a small panel on the chart: number of targets, colours and line styles. Each tool is its own object: select it, resize it, move it or delete it. You can keep as many on the chart as you want. Free
MTZoom is a free tool for MetaTrader 5 that makes zooming and moving the chart smooth, like on TradingView. MetaTrader has only six fixed zoom levels, and the chart jumps every time you zoom. MTZoom fixes that. What you get: - Smooth zoom in small steps with your mouse wheel - Hold Ctrl or Shift and scroll to make the candles wider or flatter - Grab the chart and drag it freely in any direction - Press FIT (or Q) to go back to a clean view Your chart stays the same: your experts, indicators
Artemis RSI is a free RSI indicator for MetaTrader 5 that adjusts itself to the market. The normal RSI always uses the same length and the same levels, but the market keeps changing. Artemis tests sixty RSI settings at the same time and shows the one that fits the market best right now. What you get: - The RSI line that fits the current market best - Overbought and oversold levels that move with the market - A small panel that tells you what the market is doing: range, trend, calm or noisy -
Launch price: 30 USD for the first 10 copies. Next price: 59 USD. Lotwise Trade Manager MT5 Risk Calculator is a simple trade panel and lot size calculator for MetaTrader 5. You choose how much money you want to risk. You move your stop loss. The panel calculates the lot size (position size) for you. Then you can protect, manage and close your trade with one click: breakeven, trailing stop, partial close and more. MAKE THE PANEL YOURS - Click "#" to see all buttons. They are in five groups
Thank you for your work on this expert advisor. I am experiencing a problem with the risk calculation that I hope you can address.
I trade on the Dow Jones US30 symbol with a $5,000 account balance, typically using the 5-minute and 1-minute time frames. I have set the default risk to 0.5% of my account per trade in the settings menu, changing it from the default 2%, and saved this configuration.
However, when I attempt to set a buy or sell position, the problem arises. After clicking the button to set a position, three lines for entry, stop-loss, and take-profit appear on the chart. Initially, the stop-loss is set at a default location, and the lot size is correctly calculated based on the 0.5% risk, as expected.
The issue occurs when I adjust the stop-loss line before confirming the position. The risk percentage displayed begins to change, which should not happen. Instead, the lot size should automatically adjust to maintain the specified 0.5% risk level, based on the new stop-loss location. This discrepancy interferes with the expert advisor's primary function, and I have not encountered this issue with other expert advisors.
Could you please investigate this issue and provide a solution? I would appreciate your assistance in resolving this matter.
Thank you!
Best regards,
tarry0099