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.

*If you see that the orders are not being placed, please check your spread setting, this tool watches it and never place orders if the spread is not matching.

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.


评分 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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欢迎来到 Trade Manager EA——这是一个终极风险管理工具，旨在使交易变得更直观、精准和高效。它不仅仅是一个下单工具，而是一个用于无缝交易计划、仓位管理和风险控制的全面解决方案。不论您是新手交易员、资深交易员，还是需要快速执行的剥头皮交易员，Trade Manager EA 都可以满足您的需求，适用于外汇、指数、大宗商品、加密货币等各种市场。 借助 Trade Manager EA，复杂的计算已成过去。只需分析市场，在图表上用水平线标记入场、止损和止盈，设置您的风险水平，Trade Manager 就会立即计算出理想的头寸规模，并实时显示以点、账户货币计价的止损和止盈。每笔交易都得以轻松管理。 主要功能： 头寸规模计算器 ：根据定义的风险瞬间确定交易规模。 简单的交易计划 ：在图表上用可拖动的水平线直接计划交易，设置入场、止损和止盈。 实时显示 SL 和 TP ：以账户货币、点或分显示止损和止盈，便于分析。 高级保护工具 盈亏平衡选项 ： 基本盈亏平衡 ：当您的交易达到设定水平时自动保护利润。 多级盈亏平衡 ：设置多达 4 个级别以逐步保护利润。 尾随止损选项 ： 基本尾随
Trade Assistant MT4
Evgeniy Kravchenko
4.43 (197)
实用工具
它有助于计算每笔交易的风险，容易安装新的订单，具有部分关闭功能的订单管理， 7 种类型的追踪止损和其他有用的功能。 附加材料和说明 安装说明 - 应用程序说明 - 模拟账户应用程序的试用版 线条功能  - 在图表上显示开仓线、止损线、止盈线。 有了这个功能，就可以很容易地设置一个新的订单，并在开仓前看到它的附加特性。   风险管理  - 风险计算功能在考虑到设定的风险和止损单的大小的情况下，计算新订单的成交量。它允许你设置任何大小的止损，同时观察设定的风险。 批量计算按钮 - 启用 / 禁用风险计算。 在 " 风险 " 一栏中设置必要的风险值，从 0 到 100 的百分比或存款的货币。 在 " 设置 " 选项卡上选择风险计算的变量： $ 货币， % 余额， % 资产， % 自由保证金， % 自定义， %AB 前一天， %AB 前一周， %AB 前一个月。   R/TP 和 R/SL - 设置止盈和止损的关系。 这允许你设置相对于损失的利润大小。 例如， 1 : 1 - 这决定了 TP = SL 的大小。 2 : 1 - 这意味着 TP 是 SL 的两倍。 RR - 它禁用比率。  
Zone Trader MT4
Lee Samson
5 (1)
实用工具
一旦您確定了要進行交易的關鍵區域，就會自動交易支撐和阻力或供需區域。該 EA 允許您只需單擊即可繪製買入和賣出區域，然後將它們準確地放置在您預期價格轉向的位置。然後，EA 會監控這些區域，並根據您為這些區域指定的價格行為自動進行交易。一旦進行初始交易，EA 就會在您放置的相反區域（即目標區域）獲利。然後，您有兩種選擇，要么關閉交易並繪製新的區域進入，要么獲利退出並立即反向反向交易，創建「始終在」的市場風格策略。 包含輸入和策略的完整手冊位於： https://www.mql5.com/en/blogs/post/760256 該 EA 專為在市場上不使用固定或硬止損的頭寸交易者或美元成本平均交易策略而設計。相反，它的目的是透過在下一個可用支撐或阻力區域以相同方向進行新交易來縮小不正確的交易，並調整您在市場中頭寸的平​​均價格。如果需要的話，還有備用退出標準，形式為每筆交易的最大損失金額或基於時間的退出。 只需按下按鈕即可繪製準備放置在感興趣等級的區域。 關閉按鈕和關閉最舊的按鈕可退出所有交易，或僅退出舊交易（如果它們跌幅過大而無法立即調整您的平均頭寸）。 適用於任何時間範圍內的
News Filter EA MT4
Rashed Samir
5 (10)
实用工具
News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
Trade Copier Professional MT4
Tola Moses Hector
实用工具
Trade Copier Professional — 本地复制解决方案   Trade Copier Professional 是一款可靠的本地交易复制系统，适用于 MetaTrader 4/5。它允许交易者在同一台电脑上的多个账户之间即时复制仓位，内置安全控制，并配备专业级仪表盘。   概览   该 EA 可在单一文件中同时运行 Master 和 Slave 模式，并可无缝切换。交易可在 MT4 与 MT5 终端之间复制，无需依赖互联网，采用本地文件通信以实现最高速度与稳定性。实时仪表盘显示连接状态、复制统计以及每日表现。   手数与风险管理   提供四种手数模式：固定手数、倍数、风险百分比和余额百分比。止损与止盈可按比例调整或缩放，必要时可反向复制信号。安全功能包括每日亏损与交易限制、最小/最大手数控制、断线保护以及错误跟踪与自动关闭。   过滤与可靠性   交易可按品种或 magic number 进行过滤，配置灵活。系统通过错误检测、重试逻辑、安全关闭和全面日志确保可靠性。优化后的执行速度几乎即时，且资源占用极低。   使用方法   将 EA 附加到图表，设置为 Ma
DrawDown Limiter MT4
Haidar Lionel Haj Ali
5 (8)
实用工具
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
Support and Resistance Dashboard MT4
Amir Atif
5 (2)
实用工具
Support and Resistance Dashboard for MT4 is a multi-timeframe and multi-symbol scanner and alert system that finds S/R zones and pivot points for all timeframes and symbols and alerts when price has interaction with them. If you are using support and resistance (or supply and demand) zones in your trading strategy, this dashboard and its alert and filtering system is a big time saver for you. Download demo version   (works on M 1,M5,M30,W1   timeframes) Full description of scanner parameters ->
Copy Cat More Trade Copier MT4
Dilwyn Tng
5 (3)
实用工具
试用版下载 Copy Cat More (跟单猫) MT4 交易跟单器 (Trade Copier) 不仅仅是一个简单的本地交易跟单器;它是一套 完整的风险管理与执行框架 (risk management and execution framework), 专为当今的交易挑战而设计。从自营公司 (prop firm) 挑战到个人投资组合管理,它凭借 稳健的执行、资金保护、灵活的配置和先进的交易处理的结合,适应各种情况。 该跟单器同时支持   主控端 (Master,发送方) 与 受控端 (Slave,接收方)   两种模式,可实时同步市价单与挂单、交易修改、部分平仓以及对锁平仓 (Close By) 操作。它兼容模拟与真实账户、交易或投资者登录,并通过持久化交易记忆 (Persistent Trade Memory) 系统确保恢复——即使 EA、终端或 VPS 重启也不例外。可借助唯一 ID 同时管理多个主控端与受控端,跨经纪商差异则通过前缀/后缀调整或自定义品种映射自动处理。 试用版:  先试用看看 :   你可以从下方链接下载并体验   Copy Cat More (跟单猫
Telegram to MT4 MultiChannel Copier
Sergio Marquez Uroz
5 (4)
实用工具
Telegram to MT4 Multi-Channel Copier 可自动将您 Telegram 频道中的交易信号直接复制到 MetaTrader 4。无需机器人,无需浏览器扩展,无需手动复制。您在 Telegram 上收到信号,EA 会在几秒钟内在您的终端上开仓。 本产品包含两个组件:一个监听您 Telegram 频道的 Windows 应用程序,以及在您的 MT4 终端上执行信号的 EA。同时也提供 MT5 版本。 设置指南和应用程序下载: https://www.mql5.com/en/blogs/post/768988 工作原理 Windows 应用程序使用您自己的 API 凭据连接到 Telegram,而不是机器人。这意味着它可以读取您订阅的任何频道、群组或话题,包括私人和 VIP 频道。检测到信号后,它会进行解析并发送给 EA。EA 根据您的经纪商解析交易品种名称,基于您的风险设置计算手数,然后开仓。 整个过程都是自动的。您无需守在电脑前。 打开应用程序并登录 Telegram(仅第一次)。 选择要监听的频道或话题。 按下 Start。EA 会处理其余的一切。 支持的
Strategy Builder plus Optimizer by RunwiseFX MT4
Runwise Limited
5 (4)
实用工具
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
PZ Trade Pad Pro MT4
PZ TRADING SLU
3.67 (3)
实用工具
这是一个可视化的交易面板，可帮助您轻松进行交易管理，避免人为错误并增强交易活动。它结合了易于使用的视觉界面以及完善的风险和位置管理方法。 [ 安装指南 | 更新指南 | 故障排除 | 常见问题 | 所有产品 ] 易于使用 从图表轻松交易 精确的风险管理交易，无忧 保本是重中之重 让利润不受您的关注 尽快享受无风险交易 所有已开通交易的自动追踪止损 交易开始后立即设置初始止损 进行交易后，EA将执行以下任务： 初始止损/获利被自动放置 它会尽快锁定自由行（可选） 它将止损首次移动到盈亏平衡点（可选） 它使用您所需的方法跟踪止损，直到止损为止 其他很酷的功能是： 出色的终端活动报告 单一但功能强大的尾随止损方法 干净的图表界面 没有输入参数 我进行交易后会怎样？ 这是您进行交易后EA的操作： 它放置初始止损并获利订单。 尽快搭便车并确保保本。默认情况下，这是通过在达到盈亏平衡点时关闭50％的交易来完成的，默认情况下为5点。这意味着，如果您日后被淘汰，您将一无所获（可选）。 盈亏平衡后，跟踪止损开始运行。 它跟踪止损，直到止损为止，让利润运行。 尾随止损如何运作？ 追踪止损表示为所管
Telegram To MT4 Copier
Trinh Dat
4.95 (38)
实用工具
The product will copy all telegram signal to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal, s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to
MT4 to Telegram Signal Provider
Lukas Roth
4.88 (42)
实用工具
MT4 至 Telegram 信号提供者 是一款易用、可完全自定义的工具，它使发送信号到 Telegram 成为可能，将您的账户变成信号提供者。 消息的格式 可以完全自定义！ 但是，为了简便使用，您也可以选择一个预设模板，并能够启用或禁用消息的特定部分。 [ 演示 ]  [ 手册 ] [ MT5 版本 ] [ Discord 版本 ] [ Telegram 频道 ]  New: [ Telegram To MT5 ] 设置 可通过 用户指南 获取逐步说明。 无需了解 Telegram API；开发者提供所需的一切。 主要特性 自定义发送给订阅者的订单详情的能力 您可以创建分层订阅模型，例如铜牌、银牌、金牌。金牌订阅可获得所有信号等。 按订单号、符号或备注过滤订单 包括执行订单的图表的屏幕截图 在发送的屏幕截图上绘制已关闭的订单，以便额外验证 推迟发送新订单消息的可能性，以便在发送前对位置进行调整 订单详情的全透明度： 新的市场订单 *附带屏幕截图 订单修改（止损、获利点） 已关闭订单 *附带屏幕截图 部分关闭订单 ** 新的挂起订单 修改的挂起订单（进场价格） 挂起订单激活（
NT Trade Manager Panel MT4
Irina Nechaeva
实用工具
一款面向手动交易的专业面板，把完整的交易流程都收进图表上的一个窗口，从精准入场到账户防护。按设定的风险精确计算手数，借助 RR Tool 直接在图表上用线条搭建交易，开立市价单和挂单、网格与 OCO。持仓的后续管理交给面板打理：最多五级分批平仓、六种跟踪止损、保本以及 Virtual SL/TP。日、周、月三档限额守护本金，一旦被突破即自动触发。 使用指南与免费 Live 演示 免费的 Live 演示版可在此获取 ( Free Live Demo )。 产品的使用指南见此 ( User Manual )。 NT Trade Manager 把交易者的整套工作流程收进图表上一块紧凑的面板，无需在终端各窗口之间反复切换，也不必在每次入场前埋头计算。它为坚持手动、独立判断的交易者而打造：主观交易者、剥头皮和波段交易者，外汇、金属、指数、大宗商品乃至加密货币等任何品种都适用。决策由你拍板，执行的琐碎操作、风控纪律和持仓跟踪则交给面板。没有你的指令，什么都不会发生：这是一件实战工具，而不是全自动交易程序，也不是信号服务。 功能概览 每笔交易的手数都严格按设定的风险算出：可取账户余额的百分比
TradePanel MT4
Alfiya Fazylova
4.84 (95)
实用工具
交易面板是一款多功能交易助手。该应用包含超过50种手动交易功能，并允许您自动执行大多数交易任务。 在购买之前，您可以在演示账户上测试演示版本。下载用于演示账户的试用版应用程序： https://www.mql5.com/zh/blogs/post/762579 。 完整说明 这里 。 贸易. 只需单击一下即可执行交易操作： 打開掛單和頭寸，並自動計算風險。 一鍵打開多個訂單和頭寸。 打開訂單網格。 按組別關閉掛單和頭寸。 反轉頭寸方向（關閉買入>打開賣出，關閉賣出>打開買入）。 鎖定頭寸（通過開啟缺少的頭寸，使買入和賣出頭寸的數量相等）。 一鍵部分關閉所有頭寸。 將所有頭寸的止盈和止損設置在同一價格水平。 將所有頭寸的止損設置在盈虧平衡水平。 開倉時，可使用以下功能： 在多個訂單或倉位之間分配計算出的數量（在單擊一次時開啟多個訂單和倉位）。 在開啟訂單前在圖表上可視化交易水平。 僅在當前點差不超過設定值時才開啟倉位。 止盈和止損之間的自動比例。 虛擬止損和止盈。 自動將止損和止盈的大小增加為當前點差的大小。 基於ATR指標讀數計算止盈和止損。 設置掛單的到期日期。 為掛單設置追蹤（掛單
Trade Copier Global
Laszlo Tormasi
5 (15)
实用工具
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 Several
EquityTargetCloser MT4
Evgeniy Zhdan
实用工具
达到目标利润时自动锁定利润 EquityTargetCloser   — 是一款 MetaTrader 5 实用工具型专家顾问，当   净值（Equity）超过当前余额达到指定的利润金额时 ，它会自动平掉所有市价单并删除挂单。平仓后目标自动提高：新门槛 = 新余额 + 指定利润。该 EA 不负责开仓，仅管理现有头寸，帮助可靠地锁定利润并保护积累的资金。 MT5-version:  https://www.mql5.com/en/market/product/169839 工作原理 该专家顾问持续将   净值（Equity）   与动态目标进行比较： 目标 =   当前余额（Balance） + plusMoney   （美元）。 当净值大于或等于该金额时，触发保护机制： 平掉   所有市价单   （任何品种）。 如果参数   Delete pending orders = true ，则删除   所有挂单 。 平仓后余额更新，目标重新计算：   新余额 + plusMoney 。这样，EA 在每个成功周期后逐步提高利润锁定门槛。 重要提示 ：触发条件取决于   累计浮动利润 ，而不是
Fast Copy For Multi Plattform Multi Account MT4
Kaijun Wang
5 (11)
实用工具
跟单->方便快捷的界面交互,用户上手即用       ->>>> 推荐在windows电脑,或者VPS Windows上使用 特色功能: 多样化个性跟单设置: 1.对不同的信号源可以设置不同的手数模式 2.不同的信号源分别设置正向反向跟单 3.信号分别设置注释 4.是否根据合约手数校准手数 多样化个性跟单设置2: 1.对不同的品种可以设置不同的手数模式 2.不同的品种分别设置正向反向跟单 3.信号分别设置注释 4.是否根据合约手数校准手数 注释过滤,MAGIC过滤，信号手数过滤，本地品种过滤 净持仓模式（该模式下手数计算仅支持倍率） 工作时间设置 反向同步接收端的平仓 订单绑定功能：任意订单可以绑定到设置信号源订单上 （双击表格更改） 账户风险控制  基本功能: 跟单正常交互速度0.5s以下 自动检测信号源,并显示信号源账号列表 自动匹配品种,不同平台常用交易品种(后缀不同等特殊情况)95%自动匹配,基本无需手动设置,品种映射表可随意双击更改对应品种.(映射表具有快速搜索品种功能) 4种手数计算模式(1.倍率 2.固定手数 3.自适应资金风险 4.源账户资金比例风险) 特殊手数模式
Auto Trade Copier
Vu Trung Kien
4.76 (85)
实用工具
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5 (9)
实用工具
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4.09 (11)
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实用工具
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实用工具
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筛选:
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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