Algo Trader Assistant

Algo Trader Assistant is a lightweight, professional trade management panel for manual traders who want full control over their positions without leaving the chart.

This is NOT an automated trading robot — it does not open trades on its own.

It manages the positions you open yourself, removing manual routine and emotional decisions from the process.

KEY FEATURES

Position Protection

- Auto Stop Loss / Take Profit — automatically applies missing SL/TP to new positions based on your risk settings

- Breakeven — moves the stop to entry once a position reaches a set profit level, locking in a risk-free trade

- SAR Trailing Stop — trails the stop using Parabolic SAR, letting winners run while protecting profit One-Click Position Management

- Close ALL — close every open position instantly

- Close Profit / Close Loss — close only winners or only losers in one click

- 50% ALL / 50% Profit / 50% Loss — partial close at half volume for scaling out without closing the whole position

Live Monitoring

- Real-time balance and equity

- Live position summary

- Spread widget with visual alert — turns red and blinks when the spread exceeds your maximum, so you never trade into an abnormal spread by mistake

Clean, Modular Interface

- Every module (Auto SL, Auto TP, Breakeven, Trailing) toggles on/off with one click

- Compact panel that stays out of your way while giving full visibility into risk and position status

WHO IS IT FOR

Built for manual and discretionary traders on any instrument — forex, gold, indices, crypto CFDs — who want the safety net of automated risk management while keeping full control over entries.

SETTINGS

- Risk %, SL %, TP % — your protection levels

- SAR step / maximum — trailing sensitivity

- Breakeven trigger and offset — when and how breakeven activates

- Max spread % — your own spread safety threshold

- Magic number filter, slippage — standard execution controls

NOTES

- Works on any symbol and any timeframe

- No repaint, no hidden logic — every action is visible and under your control

- This EA manages trades; it does not generate signals or predict market direction

Brought to you by FestivalAlgo.

Official channel: t.me/festivalalgo

Questions or feature requests — message me directly through MQL5.