FX Line Assistant

FX Line Assistant - Professional EA Description

Overview

The FX Line Assistant is an advanced MetaTrader 5 Expert Advisor featuring an intuitive visual trading panel that transforms horizontal chart lines into executable trade setups. This tool bridges manual technical analysis with automated trade execution, offering institutional-grade risk management and position monitoring capabilities.

Core Functionality

Intelligent Line Detection System

  • Multi-Color Recognition: Automatically scans and identifies horizontal lines on the chart by color (Entry, Stop Loss, TP1, TP2)
  • Tolerance-Based Matching: Configurable color tolerance (0-100%) enables detection of similar colors, accommodating variations in chart themes
  • Dual Detection Method: Recognizes both EA-drawn lines and manually-placed chart objects (horizontal and trend lines)
  • Real-Time Synchronization: Line modifications via drag-and-drop instantly update panel values and visual projections

Three-Tab Trading Interface

1. Main Panel

  • Complete trade setup configuration
  • Direction detection (Buy/Sell, Limit/Stop orders)
  • Risk:Reward ratio calculation with quality indicators
  • Toggle controls for Half-Close, Breakeven, and Trailing Stop features
  • Quick-draw buttons for placing lines at current price
  • One-click market and pending order execution

2. Symbol Summary

  • Real-time monitoring of open positions on current symbol
  • Live P&L tracking in both pips and currency
  • Distance-to-level indicators for SL, TP1, TP2
  • Position-specific breakeven status
  • Net value calculations accounting for spread and commission
  • Partial close and breakeven buttons for active positions

3. Today's P&L Dashboard

  • Daily performance analytics for current symbol
  • Win/Loss/Breakeven trade statistics
  • Win rate percentage with color-coded indicators
  • Gross profit and loss breakdown
  • Total trades counter
  • Auto-refreshing metrics

Advanced Risk Management

Dual Position Sizing Modes

  1. Fixed Lot Size: Traditional fixed-volume trading with +/- adjustment buttons
  2. Risk-Based Money Management:
    • Fixed dollar amount per trade
    • Percentage of account balance
    • Auto-calculates optimal lot size based on SL distance
    • Real-time lot estimation display

Sophisticated Exit Strategies

Partial Close & Breakeven (TP1 Hidden)

  • Automatically closes 50% of position at TP1
  • Moves remaining position's SL to entry price (breakeven)
  • Prevents partial close if position hasn't reached profit
  • Visual confirmation in Summary tab (✔ DONE indicator)

Half-Close Only Mode

  • Closes 50% at TP1 without moving SL to breakeven
  • Ideal for maintaining risk exposure on runner
  • Mutually exclusive with Breakeven mode

Trailing Stop

  • Activation threshold: Configurable profit in points
  • Trail distance: Minimum SL distance behind current price
  • Activates only after defined profit threshold reached


Visual Projection System

Forward-Looking Zones

  • Risk Zone (Red): Projects SL area forward in time
  • TP1 Zone (Teal): Visualizes first profit target region
  • TP2 Zone (Blue): Shows final profit target area
  • Implied Entry Line: Dashed line when entry not set (uses current price)
  • Adaptive Colors: Auto-adjusts fill colors for light/dark chart backgrounds
  • Configurable Duration: Projects forward N bars (default: 35)

Line Labeling System

  • Real-Time Calculations: Shows distance (pips), net value (currency), percentage, and price
  • Position-Aware: Adapts calculations based on open positions vs. planned trades
  • Split-Scenario Logic: Correctly calculates TP values for half-close setups
  • Beautiful Styling: Color-coded boxes with centered text, positioned at right edge

Automation & Safeguards

End-of-Day Management

  • Auto-Expiry: Deletes pending orders X minutes before session end
  • Configurable Timing: Set session end time and warning threshold
  • Selective Deletion: Only removes pending orders (protects active positions)
  • Status Notifications: Reports cancelled orders and any errors

Session Persistence

  • Level Memory: Saves Entry, SL, TP1, TP2 across terminal restarts
  • Symbol Tracking: Clears saved levels when changing symbols
  • Settings Retention: Remembers Risk MM mode, toggle states, lot size
  • Panel Position: Saves dragged location for next session
  • Timeframe Detection: Auto-clears lines when timeframe changes


    User Experience Features

    Draggable & Scalable Interface

    • Click-and-Drag: Repositions panel by clicking title bar
    • Minimizable: Collapse to title bar to save screen space
    • UI Scaling: Adjustable size (50%-200%) for different screen resolutions
    • Mouse Scroll Protection: Disables chart scrolling while dragging

    Professional Visual Design

    • Material Design Colors: Clean, modern color palette
    • Alternating Rows: Enhanced readability with row striping
    • Color-Coded Feedback: Instant visual status using green (success), red (error), orange (warning)
    • Responsive Layout: Adapts to minimized state and different tab contexts

    Smart Trade Validation

    • Pre-Execution Checks: Validates SL placement, TP distances, broker stop levels
    • Direction Logic: Auto-detects Buy vs. Sell based on SL position relative to entry
    • Order Type Selection: Automatically chooses Limit vs. Stop based on price levels
    • Spread & Commission: Calculates total trade cost in net value displays



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    While you are trading,  Auto StopLoss  Premium  doing all the routine work. "Must have" for scalping. Best way to save account balance in case of force majeure.(Internet connection loss, power outage, sharp change in price direction) The Utilite automatically adds a stop loss to open and pending orders that have no stoploss set. Also adds a take profit. The anti-requote system is built into the Utilite. That means  the stop loss will be registered anyway! In the settings you can set any stop los
    Spot vs Future Arbitrage EA  is a sophisticated, fully automated Expert Advisor engineered for MT5, delivering consistent profits through pure price arbitrage on Gold (XAUUSD). Spot vs Future Arbitrage EA  Requirement - Your Broker should provide SPOT and FUTURE for trading. This EA deploys a market-neutral hedge by simultaneously opening one long position in Gold spot and one short position in Gold futures. Risk is minimized via perfect offset—market swings affect both equally—while profits a
    Mt5 To InterativeBrokers Copier allows you to copy deals from MT5 account to Interactive Brokers. With this, you can run your EA strategy on a MT5 Demo/Real Account, then copy all the deals to Interactive Brokers account real time. Features: 1. Copy or Invert-Copy deals Realtime from MT5 to IB Account. 2. Synchronizing positions of both accounts periodicaly, in case any missing copying. 3. You can choose only Buy position or Sell position. Symbols Setup: General Format:  {MT Symbol} -> {IB S
    Crystal Trade Manager – Advanced MT5 Risk and Trade Control Utility Overview Crystal Trade Manager (CTM) is a professional MetaTrader 5 utility designed for risk management, trade automation, and instant execution control. It provides traders with an integrated system for protecting equity, managing daily drawdowns, controlling lot sizes, and applying automation features such as automatic SL/TP, break-even, and trailing stop. The tool is suitable for manual traders, prop-firm challenge particip
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    Rajesh Kumar Nait
    5 (5)
    Crypto Charting for MT5 – MetaTrader 5용 암호화폐 차트 통합 도구 개요 Crypto Charting for MT5는 WebSocket을 통해 실시간 OHLC 차트 데이터를 제공합니다. 여러 거래소를 지원하며 MT5에서 자동으로 데이터가 동기화됩니다. 기능 WebSocket을 통한 실시간 차트 자동 역사 데이터 업데이트 네트워크 중단 시 예약된 동기화 모든 MT5 타임프레임 지원 OHLCV 데이터 지원 전략 테스터 지원 자동 재연결 기능 지원 거래소 Binance, Bybit, OKX, KuCoin, MEXC, Gate.io, Bitget, XT.com 추가 정보 Crypto Ticks 라는 별도 제품에서 틱 데이터와 오더북 정보를 제공합니다. 참고 사항 DLL 미사용, VPS 환경에 적합합니다. Strategy Tester에서는 WebRequest 기능이 작동하지 않습니다. 데모가 필요하신 경우 MQL5의 개인 메시지를 통해 문의하십시오. Full
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    Super Trend Button
    Lee Teik Hong
    5 (1)
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    Lee Teik Hong
    4 (1)
    Wicks Trade Panel  It's a Trade Panel include Order Management & Risk Management for serious trader. Especially for those traders who pay attention to important events like the CPI, NFP, and ADP. A one-of-a-kind faster technique to fix the Entry Price by simply pointing the mouse pointer at it. This is what I enjoy about it. Automatically closing 50% order size lots when setting TRUE on Breakeven Status. It's especially useful when trading on significant economic events like the CPI, NFP, and A
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    Entry Cluster Indicator for MT5 Entry Cluster is a professional-grade trading system engineered to deliver precise, high-probability entries without repainting or hindsight bias. Designed for serious traders, it integrates momentum analysis with institutional price levels to identify only the most reliable setups. Signal Clarity : Dots mark potential buy/sell zones, allowing traders to prepare. Gems confirm execution points, triggered only when momentum aligns with key levels. Robust Framework
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    What Makes FX Analysis Different? 1. Trade When the Market Still Has Fuel The built-in volatility engine calculates how much a pair typically moves and how much movement is still statistically available for the day. Instead of chasing extended moves, you can identify: Whether the pair still has room to run If the current session is active or slow Where a logical take-profit level may be placed You’re not guessing targets — you’re trading within realistic range expectations. 2. Stop Trading Again
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    Wicks Trade Panel Premium  It's a Trade Panel include Order Management & Risk Management for serious trader. Especially for those traders who pay attention to important events like the CPI, NFP, and ADP. A one-of-a-kind faster technique to fix the Entry Price by simply pointing the mouse pointer at it. This is what I enjoy about it. Automatically closing 50% order size lots when setting TRUE on Breakeven Status. It's especially useful when trading on significant economic events like the CPI, NF
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    Lee Teik Hong
    4.75 (4)
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    Lee Teik Hong
    Smart ADR as an indicator displays the average daily range of 3 timeframes such as Daily, Weekly, and Monthly.  Using the combination of 3 timeframes of ADR as a reference to shows fixed range and dynamic range targets as lines on your charts.  Inputs Smart ADR Parameters Indicator Name - Display the indicator name Daily Periods - Display the Daily Periods of ADR Weekly Periods -  Display the Weekly Periods of ADR Monthly Periods -  Display the Monthly Periods of ADR Daily Line Show ON - Set T
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    Lee Teik Hong
    5 (1)
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    Wicks UpDown Target Choppy movement up and down on the opening range every day.  Trading breakouts on London session and New York session is recommended. Wicks UpDown Target is specialized in all forex pairs. Guideline Entry Strategy Idea: Step 1 - Breakout Forming (Warning! Trade on London Session and New York Session) Step 2 - Breakout Starting (Take Action on your trading plan) Step 3 - Partial Close your order & set breakeven (no-risk) Step 4 - Target complete Step 5 - Don't trade in Sto
    Idea Pro Trend Premium This EA is a Semi-auto Trading Panel with a variety of strategic settings, such as those listed below. It is excellent for scalping or long-term trading by traders. This EA is simple and convenient to trade and attach to the chart with the default settings on AUDUSD, EURUSD, GBPUSD and NZDUSD. How to use You can trade based on the trend that is displayed on the left-hand side of Info Panel. If the trend are" 2 Up Trend" and "2 Down Trend", please do not trade. Simply pro
    Key Level  Key Level is a MetaTrader 4 Indicator that uses a proprietary algorithm based on Price Retracement/Breakout Method to show the Entry-Line on your trading. Instead, it analyzes data of market and identify entry points and opportunities. (Price Retracement / Price Breakout) It's also a trading tool that be used to practice and enhance your manual trading skills. Key Level is an amazing tool for Scalping Trader. It also a trading tool that be used to practice and enhance your manual trad
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    Entry Cluster
    Lee Teik Hong
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    FX Analysis
    Lee Teik Hong
    What is FX Analysis? FX Analysis is a powerful MetaTrader 5 indicator that helps forex traders find the best trading opportunities. It combines four analysis tools in one easy-to-use interface: Volatility Analyzer -   Check single symbol’s volatility by hourly, daily Currency Strength Meter - Shows which currencies are strong or weak Oscillator Panel - Shows if markets are overbought or oversold Top Picks – Shows if the symbol reached 60% - 80% range of volatility Pivot Point - Show 5 Pivot line
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