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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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Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b
This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Build
News Trader Pro
Vu Trung Kien
4.41 (17)
News Trader Pro é um robô único que permite a negociação com notícias pela sua estratégia pré-definida. Ele carrega pedaços de notícias de vários sites populares de Forex. Você pode escolher qualquer notícia e programar a estratégia para negociar, então o News Trader Pro vai operar com essa notícia através de uma estratégia selecionada automaticamente quando a notícia for publicada. As notícias dão a oportunidade de ter pips desde que o preço tenha um grande movimento com a publicação. Agora, co
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4.33 (15)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
Fibo + Elliott + CME O Expert Adviso r foi projetado como um assistente para negociação manual. 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 Exibição de dados do CME (CME - Chicago Mercantile Exchange Chicago Merc
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Laszlo Tormasi
5 (17)
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Severa
EasyFX Trader
APTHUR MONTGOMERY MCCAMMON
The EasyFX Trader is a very unique and customizable dashboard for manual trading. It is placed in the Expert folder but is not an auto trading robot. You input all the parameter and the dashboard will monitor and let you know when there is a good trading opportunity. The tool is simple to use whether you're experienced or just a beginner. It was designed for all types of trading styles including price action, day, swing, trend trader, or scalper. Each column is described below. When you load the
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One more Copier MT4
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5 (1)
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
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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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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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