Trade Assistant MT5 Standard
- Utilità
- Andrei Strashko
- Versione: 1.0
- Attivazioni: 15
Trade Assistant MT5 Standard is a trading panel for MetaTrader 5, designed for manual traders who need fast risk calculation, lot size calculation, visual trade planning, and basic order execution directly from the chart.
This is an intermediate version between the free risk calculator and the full Trade Assistant MT5 PRO version. The Standard version is suitable for traders who need the essential tools for preparing and opening trades, but do not need advanced automatic trade management.
The panel helps calculate position size by risk, display Entry / Stop Loss / Take Profit levels, check reward-to-risk ratio, open trades, and perform basic position management.
Main Features
Risk Calculation
Trade Assistant MT5 Standard allows you to calculate trade risk before opening a position.
Available risk calculation modes:
- fixed amount in deposit currency;
- percent of Balance;
- percent of Equity;
- percent of Free Margin;
- percent of Custom base amount.
This helps traders understand the potential loss before entering a trade and follow consistent money management rules.
Lot Size Calculation
The panel calculates position volume based on:
- selected risk value;
- entry price;
- Stop Loss distance;
- symbol specification;
- tick size;
- tick value;
- minimum and maximum volume;
- volume step;
- optional commission setting.
The calculated lot size is displayed in the panel together with estimated risk, potential reward, and reward-to-risk ratio.
Entry / Stop Loss / Take Profit Lines
The panel displays key trade levels on the chart:
- Entry;
- Stop Loss;
- Take Profit.
These lines help visually prepare a trade setup before opening a position.
You can adjust the setup by changing the values in the panel or by moving the lines directly on the chart.
Risk / Reward Mode
The RR mode allows Take Profit to be calculated automatically from the Stop Loss distance.
Example:
- R/TP = 3;
- R/SL = 1.
This means that Take Profit will be calculated three times farther than Stop Loss.
This feature is useful for traders who use a fixed reward-to-risk model in their trading strategy.
Visual Trade Map
Trade Assistant MT5 Standard can display the visual structure of the trade on the chart:
- risk zone;
- potential profit zone;
- Entry level;
- Stop Loss level;
- Take Profit level;
- calculated lot size;
- estimated risk;
- estimated reward;
- reward-to-risk ratio.
This makes it easier to evaluate the trade before entering the market.
Order Execution
Unlike the free Risk Calculator, the Standard version supports basic order execution.
The panel can be used for:
- Market Buy;
- Market Sell;
- Buy Stop;
- Sell Stop;
- Buy Limit;
- Sell Limit.
Before sending an order, the panel calculates position size and checks the basic trade parameters.
Basic Position Management
Trade Assistant MT5 Standard includes several basic position management tools.
Breakeven
The Breakeven button moves Stop Loss of an open position to the entry price.
This helps reduce initial risk after the trader decides to protect the position.
Partial Close
The Close % button closes part of an open position based on the configured percentage.
This function can be used for:
- partial profit taking;
- reducing position size;
- scaling out of a trade.
Close
The Close button closes open positions for the current symbol and Magic Number.
Who Is This Product For?
Trade Assistant MT5 Standard is suitable for:
- manual traders;
- beginners learning risk management;
- intraday traders;
- scalpers;
- swing traders;
- traders who use Stop Loss and Take Profit;
- traders who need lot size calculation before entry;
- traders who want a simple trading panel without an overloaded interface.
Difference from the Free Version
Risk Calculator Panel MT5 is a free tool for calculation and visualization only.
It does not open trades.
Trade Assistant MT5 Standard adds:
- Market order execution;
- Stop order placement;
- Limit order placement;
- Breakeven;
- Partial Close;
- Close;
- Magic Number;
- Deviation;
- basic open position management.
Difference from the PRO Version
The Standard version includes the core tools for risk calculation, trade opening, and basic position management.
The full Trade Assistant MT5 PRO version includes advanced features such as:
- automatic trailing stop;
- MA trailing;
- ATR trailing;
- Parabolic SAR trailing;
- Fractal trailing;
- trailing method visualization;
- OCO;
- virtual pending orders;
- hidden SL/TP;
- advanced order management;
- additional position protection tools.
If you need a simple working tool for risk calculation and trade execution, the Standard version is suitable.
If you need full position management after entry, Trade Assistant MT5 PRO is the better choice.
Typical Workflow
- Attach the panel to a chart.
- Select the risk calculation mode.
- Set the risk value.
- Choose Buy or Sell.
- Select the setup type: Market, Stop, or Limit.
- Set Entry, Stop Loss, and Take Profit.
- Enable RR mode if needed.
- Press Sync Lines to update chart levels.
- Check the calculated lot size, risk, potential reward, and RR.
- Press Open / Place to open a trade or place a pending order.
- After opening a position, use Breakeven, Close %, or Close when needed.
Important Notes
Trade Assistant MT5 Standard is not a signal system and does not predict market direction.
The panel does not make trading decisions for the user.
It helps calculate trade parameters, prepare levels, and perform basic trading actions.
The final decision to enter, exit, or manage a position is always made by the trader.
Before using the panel on a real account, it is recommended to test it on a demo account and check your broker’s trading conditions: spread, commission, minimum lot, volume step, leverage, and Stop Level restrictions.
Summary
Trade Assistant MT5 Standard is a practical MetaTrader 5 trading panel that combines risk calculation, lot size calculation, Entry / SL / TP lines, a visual trade map, Market / Stop / Limit execution, Breakeven, Partial Close, and basic position closing.
It is a convenient intermediate option for traders who need more than a free calculator, but do not need the full PRO feature set yet.
