Trade Assistant Manager for MT4
- Утилиты
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Lim Wei Liang
Algo Theory Studio | Высокоэффективные инструменты для алгоритмической торговли
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Добро пожаловать на официальную торговую страницу Algo Theory Studio в MQL5. - Версия: 1.0
Title : Trade Assistant Manager for MT4
Trade Assistant Manager — See your risk before you click
Trade Assistant Manager is a MetaTrader 4 chart utility for discretionary traders who want a clear, visual way to size positions. Place your Entry, Stop Loss, and Take Profit directly on the chart. The panel shows the lot size, the money at risk, the profit target in money, and the reward-to-risk ratio — updated as you move the lines.
What you gain
Faster decisions :
- Automatically calculate the volume / lot size based on the set risk.
Consistent risk :
- Choose "percent of balance" or a "fixed dollar" amount per trade.
Fewer surprises at execution :
- Live spread cost (round-trip, per 1.0 lot) and broker's commision or fee can be included in sizing (Optional).
One-click trading :
- Press BUY or SELL when the geometry matches your idea. If your Entry is away from the current price, the utility can send a "market", "limit", or "stop" style order depending on where Entry sits versus bid/ask (breakout vs retracement style entries).
Cleaner workflow on the chart :
- "Follow" mode to keep Entry aligned with market price (optionally move SL/TP together) ; "Hide lines" mode for a clean chart, and a "minimizable" panel.
Geometry that stays logical :
- A BUY / SELL setup switch; if you move lines across the entry in a way that contradicts the current mode, the tool automatically flip setup and mirror distances so SL and TP stay on the correct side of entry.
Easy Breakeven :
- Easily move your SL (Stop loss) of an active position to the entry price to ensure a risk-free trade.
Who it is for
Traders who already have a manual method (price action, levels, patterns) and want transparent risk measurement and execution — on forex ,metals , indices, or other symbols where tick value and point size behave normally on your broker.
Before you use it on a live account
*Test it on a demo account and confirm lot sizing matches your expectations for your symbol and account currency.
*Enable "Auto Trading" in MetaTrader 4 and ensure your account allows the order types you use.
*Trading involves risk ; only risk capital you can afford to lose.
As this is my first release and currently in its basic version, I am eager to hear from the community. If you have any suggestion or specific features you'd like to see in the future updates, please send me a direct message! Your feedback will directly shape the upcoming Pro version.
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