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Manual trading assistant

Key Features

This application is designed to quickly place a pending order or open a position at market. The position volume will be calculated automatically according to the risk settings. This application also manages orders and positions.

Everything is simple, you only need to specify the price of the order (or position by market) and stop loss. The type of the pending order is selected automatically depending on the logic of the relative location of the current price, pending order price and stop loss. Pending order is placed in 3 clicks (Stop Limit order in 4), position by market - in 2 clicks.

Download the app's demo version at https://www.mql5.com/en/market/product/26632

If you need an application without management of orders and positions, try Manual trading assistant Lite. There you can read about the main features of this application, while only the differences in the settings and management of orders and positions is described here.


Settings

2 items were added to the settings:

  • Transfer to breakeven. It is possible to enable transferring positions to breakeven by default, and the value for transferring.
  • Position management. The default management option can be set. If transferring to breakeven is selected for a position, the management starts working only after moving to breakeven!

If the price reaches a stop loss or take profit of the pending order, the order is deleted.


Position management options

  • Trailing stop. The percentage of the distance from stop loss is specified here. When the price moves this distance in the direction of profit, stop loss is also trailed by the same distance. For example, stop loss is set 100 points away from the order opening price, the percentage is set to 25. When the price passes 25 points in the "favorable" direction, stop loss is trailed by 25 points, up to 75 points from the opening price. If the price moves another 25 points, stop loss is trailed by 25 points up to 50 points, and so no.
  • Parabolic SAR. Stop loss will be trailed based in the Parabolic SAR values.
  • Alligator jaw. Stop loss will be trailed based on the "jaw" of the Alligator indicator.
  • Alligator teeth. Stop loss will also be trailed based on the "jaw" of the Alligator indicator. In addition, if the candle closes beyond the Alligator "teeth", the position will be closed.
  • Alligator lips. Similar to the previous method, but the position will be closed if the candle closes beyond the Alligator "lips".

The indicators do not have to be placed on the chart.

Since the indicators and the price chart are plotted using the Bid prices, trailing stop for sell positions will consider the average spread calculated during the operation.


Orders Management tab

A table of positions and orders is located on the last tab in the settings window. It displays all positions and orders opened by the application.

For each position or order, the following management settings can be adjusted:

  • transfer to breakeven,
  • R/R ratio for transfer to breakeven,
  • enable/disable position management,
  • change the indicator timeframe used for management,
  • change the management type,
  • change the percentage for trailing stop.

It is also possible to delete an order or remove a position.

Please note that The data in the table (for example, the current profit/loss of positions) are updated only when any changes are made.


Your suggestions

If you have any suggestions on improving the program or expanding its capabilities, contact me. If there are interesting ideas, they will appear in the next versions of the program.

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5 (1)
Uma série de produtos sob marca FiboPlusWave Um sistema comercial pronto baseado nas  ondas de Elliott e níveis de Fibonacci . Simples e de fácil acesso. Exibição de marcação das ondas de Elliott (opção geral ou alternativa) em um gráfico. Construção dos níveis horizontais, linhas de apoio e resistência, canal. Sobreposição dos níveis de Fibonacci para as ondas 1, 3, 5, A Sistema de alerta (no ecrã, E-Mail, Push notificações).    Particularidade s : sem se aprofundar na teoria das ondas de Ellio
FTMO Sniper 4
Vyacheslav Izvarin
Dedicated for FTMO and other Prop Firms Challenges 2020-2023 Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Best results on GOLD and US100  Use any Time Frame Close all deals and Auto-trading  before  US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 -------------------
News Trapper EA
Noha Mohamed Fathy Younes Badr
5 (6)
Hi, all.  News trapper EA It is an expert for trading news very safe expert  put Settings interest rate only or high impact news for Automated Trading on the news of the economic calendar. It shows stable trading during last 10  years. EA doesn't use dangerous technologies like martingale, grid. The Expert is very simple to use. The program contains flexible settings In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools >Options > Expert Advisors. Che
Click Trade Manager
Hispraise Chinedum Abraham
5 (1)
Click trade manager é o nosso melhor produto até agora! A melhor solução tanto para os comerciantes principiantes como para os profissionais da empresa de adereços! Proteja a sua firma FTMO/MFF ou as suas contas pessoais contra a violação dos limites de levantamento de crédito. A EA fecha automaticamente todas as transacções, para que nunca atinjam os seus limites de levantamento de crédito. Avisa-o se uma operação puder violar o seu limite de levantamento de crédito. Encerra automaticame
The  Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. ESB has hundreds of modules to define unlimited possibilities of strategi
50% off. Original price: $375 Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download Demo here  (starting lot is fixed at 0.01) Guide + tips here MT5 version   here You only open the first order. When your t
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One more Copier MT4
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Yet another signal copier. Nothing special. Demo version can be downloaded here . Key Features The utility copies trades between terminals: by market, pending orders (optional), as well as their stop loss and take profit levels (optional as well). You can copy from one Master account to several Slave accounts, as well as from several Master accounts to one Slave account. Volume calculation At the moment, there are two options for calculating the volume: The trade volume is taken 1 to 1 from
Levels Martin MT4
Oleksii Chepurnyi
Описание Советник торгует от уровней поддержки/сопротивления по тренду. Если тренд развернулся будет использоваться мартингейл. Уровни размечаются на графике вручную, стандартной горизонтальной линией. Также возможна работа и с авто уровнями, описание ниже в описании настроек. Стратегия рассчитана на торговлю на часовом графике, но советник будет работать и на других таймфреймах. Каких либо ограничений в выборе инструмента нету, лиши бы были достаточные сильные уровни поддержки/сопротивления.
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Oleksii Chepurnyi
Описание Советник торгует от уровней поддержки/сопротивления по тренду. Если тренд развернулся будет использоваться мартингейл. Уровни размечаются на графике вручную, стандартной горизонтальной линией. Также возможна работа и с авто уровнями, описание ниже в описании настроек. Стратегия рассчитана на торговлю на часовом графике, но советник будет работать и на других таймфреймах. Каких либо ограничений в выборе инструмента нету, лиши бы были достаточные сильные уровни поддержки/сопротивления.
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