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ScalTradeAssist Pro

5

ScalTradeAssistPro: Empowering Manual Forex Traders with Enhanced Support

The tool presents itself as a solution tailored to address specific scenarios, such as instances where brokers impose limitations on setting Stop Loss (SL) values in close proximity to the initial position value. Notably catering to the needs of scalping traders, ScalTradeAssistPro steps in with a unique capability—the ability to establish "virtual SL/TP" points.

This innovative feature calculates both the Stop Loss and Take Profit internally. As positions approach these virtual reference points, ScalTradeAssistPro intervenes by executing closing actions akin to conventional trading orders. It's this transformative functionality that justifies their virtual nature.

Elevated Features in the Professional Version:

The professional iteration of ScalTradeAssistPro offers traders an extended array of tools, including the coveted "Trailing Stop" and "Break Even" mechanisms. Notably, users gain the capability to dispatch pending orders precisely to designated levels, augmenting their tactical flexibility. Moreover, the tool's synergy with "AutoOrderModifyEA Pro" is highlighted as a potent combination, endorsed wholeheartedly by the developers.

The recommendation to explore ScalTradeAssistPro with "AutoOrderModifyEA Pro" is underscored as a prudent choice—one that's poised to yield fruitful results.

For a comprehensive understanding of its functionality and application, readers are encouraged to delve into the detailed usage description provided on the official website: ScalTradeAssistPro Official Site.

Salient Functionalities of ScalTradeAssistPro:

  1. Virtual SL & TP: Operates akin to standard trading orders.
  2. Automated Lot Size Calculation: Simplifies lot size determination in automated trading.
  3. Automated Reverse Entry: Introduces automation into reverse entry strategies.
  4. Spread Control Function: Empowers traders to manage spreads effectively.
  5. Slippage Window: 
  6. Message Window: Offers a versatile message interface beyond error notifications.
  7. One-Click Order Execution: Enables swift execution of normal trading orders.
  8. One-Click Close Order: Allows targeted closure selections.
  9. Unique Magic Number Function: Orders can be attributed with distinct Magic Numbers.
  10. Customizable Button Parameters: Offers control over button positions and colors.
  11. Window Visibility Control: Facilitates seamless window management.
  12. Real-Time Pip Information: Presents real-time pip insights for informed decisions.
  13. Total Lots and Average Price Visualization: Enhances visibility of trading metrics.
  14. Trailing Stop Function: Available in the Professional version.
  15. Break Even Function: Available in the Professional version.
  16. Line Trading Function: Available in the Professional version.
  17. Seconds Timeframe Coordination: A gift indicator accompanies ScalTradeAssistPro.
  18. Management of EA and OneClickTrade Positions: An essential function for discerning traders.
  19. Separate Position Closure: Available in the Professional version.

*(14) to (19) are the functions of Professional version.

Parameters

  • UseVirtualStop: enable virtual pending stop orders (True/False).
  • VirtualStopRange(pips): range parameter of virtual pending stop orders after the order execution. In case of BUY, the robot will show it below the TP with the selected pips, and vice versa for SELL.
  • UseVirtualLimit: enable virtual pending limit orders (True/False).
  • VirtualLimitRange(pips): range parameter of virtual pending limit orders after the order execution. In case of BUY, the robot will show it above the TP with the selected pips, and vice versa for SELL.
  • VirtualLineRedraw(pips): re-draw the line when there is a big gap between the parameter in pips from the price of pending orders. This is for the high volatility time after the big events, this way the robot will not execute orders.
  • BuyLimitLineModeAdjustment(pips): adjust the BuyLimit in case of LineMode. If you input the positive numbers, the limit line will be placed beyond the line. Negative numbers will place before the line.
  • BuyStopLineModeAdjustment(pips): for BuyStop in case of LineMode. The usage is same as BuyLimit.
  • SellLimitLineModeAdjustment(pips): for SellLimit in case of LineMode. The usage is same as BuyLimit.
  • SellStopLineModeAdjustment(pips): for SellLimit in case of LineMode. The usage is same as BuyLimit.
  • UseCancelReverseTrade: cancel the unnecessary pending orders in case you define to use the limit/stop pending orders for both directions.
  • UsePyramiding:automated virtual limit/stop orders (True/False).
  • OpenMagicNumber: magic number for opening positions.
  • MaxSpread: max spread to be allowed.
  • UseAutoLots: automated lot size calculation (True/False).
  • Lots: lot size if you select "False" for AutoLots.
  • MaxLots: max lot size for the trading. The system will not send orders beyond this max lots size.
  • Leverage: your leverage data when you have to select "True" for UseAutoLots.
  • LotsDigits: define this parameter when you use AutoLots (no need to touch normally).
  • UseVirtualStopLoss: virtual SL (True/False).
  • StopLoss(pips): virtual SL.
  • HardStopLoss(pips): countermeasure for brokers that prohibit to open positions without SL
  • TakeProfit(pips): virtual TP.
  • HardTakeProfit(pips): countermeasure for brokers that prohibit to open positions without TP 
  • Slippage: max slippage to be allowed.
  • UseMultipleClose: This shall close one by one from the newest position.
  • UseStopAndReverse (SAR): Reverse entry function.


İncelemeler 1
stephan.kohlitz
21
stephan.kohlitz 2019.03.08 13:36 
 

A very useful utility for scalping. I trade with two brokers, one of them has good spreads, but who requires a minimum distance of 50 ticks (5 pips) when placing a limit order - or you can place an instant order according to market price. ScaltradeAssist is a great solution, it perfectly places instant orders using virtual stop loss or take profit.

The developer also is very helpful, because one of my brokers requires to always input a (real) stop loss, I asked him to implement a functionality addressing this problem, and he added the function to place a (real) stop loss when placing the order (called HardStopLoss). Now I can make use of the VirtualStopLoss function which is great (ScalTradeAssist Pro offers a VirtualStopLoss which can be different to the HardStopLoss and which is hidden to the broker).

But even if using an ECN broker, this tool is useful because you can place orders much quicker and very convenient compared to the normal MT4 interface. Adjustments of stop loss and take profit can be made graphically by shifting lines.

Also the trailing function helps eliminate broker restrictions.

The close all button is a bit risky in my view (one time I closed all my active orders by pressing this button). In the settings, it is possible to deactivate this button, and I really recommend to do so, if you do many trades at the same time.

What could be improved is a user manual with examples. Most things can be tried out or are logic, but still I think some functions need to be explained more in detail how to make best use of the software.

Why do I still give 5 stars? The software itself offers great value for money and is really a powerful tool, which I can really recommend. Furthermore, the developer really is a helpful person.

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Üye olduğunuz herhangi bir kanaldan (özel ve kısıtlı olanlar dahil) sinyalleri doğrudan MT4'ünüze kopyalayın.  Bu araç, kullanıcıyı göz önünde bulundurarak tasarlanmış olup işlemleri yönetmek ve izlemek için ihtiyacınız olan birçok özelliği sunar. Bu ürün, kullanıcı dostu ve görsel olarak çekici bir grafik arayüzünde sunulmaktadır. Ayarlarınızı özelleştirin ve ürünü birkaç dakika içinde kullanmaya başlayın! Kullanıcı Kılavuzu + Demo  | MT5 Sürümü | Discord Sürümü Demo denemek istiyorsanız lüt
Mentfx Mmanage
Anton Jere Calmes
5 (16)
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
Riskless Pyramid
Snapdragon Systems Ltd
5 (1)
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
Pro Arbitrage EA   trades based on Arbitrage Strategy. The strategy is like a scalping technology but on three cross currency pairs at the same time. Each trade basket involves three pairs (all open at the same time) and they will close at once when any desired profit reaches. The strategy has no SL technically because all opened currencies are hedged. SL can happen if high slippages on order execution on the broker side. So the strategy is one of the safest ones in the world. MT4 Limitation :
VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.86 (63)
1 tıklama ile ticaret için Ticaret Paneli.   Pozisyonlar ve emirlerle çalışmak!   Grafikten veya klavyeden alım satım. Alım satım panelimizi kullanarak, grafikten tek bir tıklamayla alım satım yapabilir ve alım satım işlemlerini standart MetaTrader kontrolünden 30 kat daha hızlı gerçekleştirebilirsiniz. Bir tüccar için hayatı kolaylaştıran ve bir tüccarın ticaret faaliyetlerini çok daha hızlı ve daha rahat gerçekleştirmesine yardımcı olan parametrelerin ve işlevlerin otomatik hesaplamaları. Gra
What Exactly Is A Smart Trading Tool? Smart Trading Tool was developed for fast and comfortable trading of the financial markets especially for ORDER BLOCKS TRADERS . It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading Informa
MT4 için Expert Advisor Risk Manager çok önemli ve bence her yatırımcı için gerekli bir program. Bu Uzman Danışman ile ticaret hesabınızdaki riski kontrol edebileceksiniz. Risk ve kar kontrolü hem parasal hem de yüzdesel olarak yapılabilir. PROMO BUY 1 GET 2 FREE -   https://www.mql5.com/en/blogs/post/754725 Danışman işlevleri Bu risk yöneticisi, riskleri kontrol etmenize yardımcı olacaktır: - bir anlaşma için - günlük - bir hafta için - Bir ay için Ayrıca kontrol edebilirsiniz 1)
MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
Fiyat Eylemi Ticaret Paneli MT4 , belirtilen (varsayılan olarak) geçmiş mumların saf fiyat eylemi verilerine dayalı olarak herhangi bir simgenin/enstrümanın alım/satım gücü seviyesi dengesini hesaplar. Bu, gösterge panelinde bulunan 32 sembol/aletin fiyat hareketini izleyerek size mümkün olan en yakın piyasa duyarlılığını verecektir. %60'ın üzerinde bir alım/satım gücü seviyesi, belirli bir sembolü satın almak/satmak için (varsayılan ayarları kullanarak) oldukça sağlam bir seviye sağlar. Fiyat
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
Simplify Your Transactions with Risq Manager Access the Function Guide Access the MT5 Version (coming soon) In the world of trading, where prices can change in a split second, placing orders needs to be as straightforward as possible. If you use Metatrader, you've likely noticed that each time you want to open an order, you must manually enter multiple details: the entry price, stop loss (SL), take profit (TP), and the size of the trade. For a trader, protecting and growing capital is paramount.
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
-25% discount ($149 -> $111) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extender or
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
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
Çok amaçlı araçlar: Lot hesaplayıcı, fiyat analizi, risk/ödül oranı, pozisyon yönetici, arz  talep bölgelerini de içeren 65'den fazla fonksiyon Deneme sürümü   |   Kullanım Kılavuzu   |   MT5 Yardımcı program, strateji test cihazında çalışmaz: Ürünü test etmek için   Demo Sürümünü BURADAN   indirebilirsiniz. Sorularınız için iletişim İşlem sürecinizi kolaylaştırın, hızlandırın ve otomatikleştirin. Terminalin standart  özelliklerini bu program ile genişletin Yeni işlem açma : Lot / Risk / Risk
Fibo + Elliott + CME The Expert Adviso r is designed as an assistant for manual trading. Ready-made trading system based on  Elliott waves   and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Display data from CME (CME - Chicago Mercantile Exchange Chicago Mercantile Exch
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
Yazarın diğer ürünleri
This is a forex supporting tool for all manual traders. You can close positions immediately at once on the MT4 Terminal by a single click. CLOSE SELL: You can close SHORT positions of the target currency pair (same as the chart you’re using this EA). CLOSE BUY: Same as above but LONG positions will be closed. CLOSE ALL: All opened positions will be closed (no matter of currency pairs). You can select the closing method from CLOSE ALL or CLOSE ONE BY ONE. You can choose the positions to be close
FREE
AutoOrderModify Free is a supporting tool for all Manual and System Forex Traders. It works perfectly for situations like: “I have a nice EA but lacks the Trailing and/or Break Even.” “I’m lazy to calculate SL and TP every time I open a position.” “I want to control all of my manual trades with Trailing/Break even” Anyone interested in this tool but want more function, please try the “ AutoOrderModifyEA Pro ”. The freeware version can’t manage positions by Magic Number but manage ALL positions.
FREE
***** Unlocking the Expertise: EA Source Code for Dedicated Learners ***** Commencing from November 2021 , the "EA + source code" version is at your disposal, ***** allowing those who purchase (not rent) this EA to explore its inner workings. *****T o acquire the source code, kindly direct your request, along with purchase information by sending messages to me. ***** Upon confirming your purchase, the source code will be extended to you. ***** < Disclaimer > ***** We provide the source cod
Introducing Early Morning Scalper ATR: Precision Trading During Asian Forex Market A breakthrough in forex trading automation, the Early Morning Scalper ATR Expert Adviser offers a fully autonomous solution meticulously engineered for a specific window of opportunity—the early hours of the Asian Forex market. At its core, this innovative tool employs an advanced algorithm that orchestrates forex trading seamlessly. Augmenting its prowess are sophisticated internal indicators, which deftly ident
Manual Forex Trading with Enhanced Functionality "OneClickMagicTrader," a powerful tool designed to cater to the needs of forex traders by simplifying various trading actions. Drawing parallels with the familiar "One Click Trading" feature of the MT4 terminal, OneClickMagicTrader allows traders to swiftly execute BUY or SELL orders with a single click. This tool, a brainchild of an avid trader who identified room for improvement, has now been shared with the entire forex community. Taking a s
Unveiling WILD CYCLE EA: A Strategy for Dynamic Market Trends Adaptive Trading in Motion Embarking on the trading landscape from June 2021, the WILD CYCLE EA presents an evolutionary approach to market-trend following. Pioneering a relentless pursuit of profit, this EA deftly adapts to shifting market dynamics. Navigating the Core Strategy At its heart lies a fundamental approach—initiating positions in the direction of positive SWAP, such as the EURUSD SHORT. These positions are meticulously c
This is a standard version of ScalTradeAssist Pro . It will work perfectly for situations like: “Broker restricts to set StopLoss value to a very close point from the initial value of the opened position”. These demands are basically for scalping traders and   ScalTradeAssist   is developed to be able to set the “virtual StopLoss / TakeProfit”. Both StopLoss and TakeProfit are calculated internally. When the positions reach the virtual StopLoss/TakePforit,   ScalTradeAssit   closes them as norm
AutoOrderModifyEAPro: A Vital Aid for Forex Traders, Both Manual and System-based Catering to the diverse needs of forex traders, whether engaged in manual or system-based trading, AutoOrderModifyEAPro emerges as a pivotal tool in this intricate landscape. The tool's efficacy is most evident in scenarios such as: Enhancing EA Strategies: Addressing the common dilemma of lacking Trailing and/or Break Even mechanisms in otherwise promising EAs. Streamlining Position Management: Overcoming the hass
***This is a MT5 version of ZigZag Breaout*** --------------------------------------------------------------------------------------------------------------------------------- ***** Unlocking the Expertise: EA Source Code for Dedicated Learners ***** Commencing from November 2021 , the "EA + source code" version is at your disposal, ***** allowing those who purchase (not rent) this EA to explore its inner workings. *****T o acquire the source code, kindly direct your request, along with purch
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stephan.kohlitz
21
stephan.kohlitz 2019.03.08 13:36 
 

A very useful utility for scalping. I trade with two brokers, one of them has good spreads, but who requires a minimum distance of 50 ticks (5 pips) when placing a limit order - or you can place an instant order according to market price. ScaltradeAssist is a great solution, it perfectly places instant orders using virtual stop loss or take profit.

The developer also is very helpful, because one of my brokers requires to always input a (real) stop loss, I asked him to implement a functionality addressing this problem, and he added the function to place a (real) stop loss when placing the order (called HardStopLoss). Now I can make use of the VirtualStopLoss function which is great (ScalTradeAssist Pro offers a VirtualStopLoss which can be different to the HardStopLoss and which is hidden to the broker).

But even if using an ECN broker, this tool is useful because you can place orders much quicker and very convenient compared to the normal MT4 interface. Adjustments of stop loss and take profit can be made graphically by shifting lines.

Also the trailing function helps eliminate broker restrictions.

The close all button is a bit risky in my view (one time I closed all my active orders by pressing this button). In the settings, it is possible to deactivate this button, and I really recommend to do so, if you do many trades at the same time.

What could be improved is a user manual with examples. Most things can be tried out or are logic, but still I think some functions need to be explained more in detail how to make best use of the software.

Why do I still give 5 stars? The software itself offers great value for money and is really a powerful tool, which I can really recommend. Furthermore, the developer really is a helpful person.

İncelemeye yanıt
Sürüm 1.39 2021.12.05
Adjustment of:
-CloseArrowColor
-Comment
-TimeFrame M1
-VirtualLineName, LineNameTP, LineNmaeSL
-SL & TP by Line
Sürüm 1.23 2021.11.23
Minor update
Sürüm 1.22 2018.11.26
Internal bug fix.
Sürüm 1.21 2018.11.25
Added: HardStopLoss : countermeasure for brokers that prohibit to open positions without SL
Added: HardSftopLoss : countermeasure for brokers that prohibit to open positions without TP