LotMaster

LotMaster — trading assistant for MetaTrader 5

LotMaster is a manual trading panel for MetaTrader 5. It helps you prepare a trade quickly: place the entry, Stop Loss and Take Profit lines, see the calculated lot and risk before clicking the button, and send the order in one click.

The EA does not trade by signals and does not make decisions for the trader — it calculates and executes what you set with the lines.

How it works

  1. Press Lines — three dotted lines appear on the chart: the blue entry line, the red SL and the green TP.
  2. Drag the lines with the mouse (by the line itself or by its label). The blue entry line follows the price — then the order is sent to the market. Pull it away — and the order becomes pending (limit or stop, depending on the price position).
  3. Set the risk: % of balance (quick buttons 0.25 / 0.5 / 1 %) or an amount in account currency (click the field to type with the keyboard).
  4. The panel calculates the lot from the distance to SL and shows it on the blue line.
  5. Press the big button — it sends exactly the order written on it: BUY MARKET , SELL LIMIT , BUY STOP , etc.

Features

  • Three draggable lines: entry, SL, TP.
  • Risk-based position size: risk ÷ loss per 1 lot using the actual tick value.
  • Lot rounded down to the broker step, min/max and free margin checks.
  • Market, limit and stop orders, SL and TP taken from the lines.
  • Risk limit (1.5 % of balance by default) — above it the entry button locks and turns grey.
  • The direction button shows what a click will do: green "Buy" for a short setup, red "Sell" for a long setup; a click swaps SL and TP.
  • Two themes: dark and light. Languages: Russian and English.
  • Status indicator in the header: green — trading allowed, red — algo trading off, orange — no connection.
  • Checks on start and on entry: if algo trading is disabled, the panel warns and does not send the order.
  • The panel remembers its position and risk settings between restarts (terminal global variables).
  • The "×" button closes the assistant and removes all objects from the chart.

Limitations

  • The EA does not generate signals and does not manage the position: trailing, break-even and partial close are done with the standard terminal tools.
  • The risk calculation does not include commission and swap.
  • The "Algo Trading" button must be enabled.
  • Test on a demo account before live trading.

Version: 1.14 · Author: OneManProduction · Assistant: DeepSeek


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Syed Tauqeer Hussain Shah
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