Trade Assistant is a comprehensive tool designed to enhance your trading experience with advanced features for risk management and order execution. Please note that the application does not operate in the strategy tester.
Key Features:
- Line Function:
- Display Opening line, Stop Loss, and Take Profit on the chart.
- Easily set new orders and preview additional characteristics before execution.
- Risk Management:
- Calculate risk per trade based on specified risk and Stop Loss size.
- Set any Stop Loss size while monitoring the predefined risk.
- Toggle risk calculation with the Lot calc button.
- Specify risk in percentage (0 to 100) or deposit currency.
- Choose risk calculation variants on the Settings tab: $ Currency, % Balance, % Equity, % Free Margin, % Custom, % AB prev Day, % AB prev Week, % AB prev Month.
- R/TP and R/SL:
- Determine the relation of Take Profit to Stop Loss.
- Set the profit-to-loss ratio, e.g., 1:1 (TP = SL), 2:1 (TP twice as big as SL).
- Easily switch the RR ratio on/off.
- Orders Management:
- Support for market and pending orders.
- Trade time manager for opening or closing positions based on time.
- Close positions by parts as a percentage of the set volume.
- Utilize 7 options for Trailing Stop (in pips, Fractals, MA, Parabolic SAR, ATR, Partial Close, High Low Bar).
- Implement Breakeven to move Stop Loss to a level without a loss.
- Limit Order Trailing moves the Limit Order following the market price.
- OCO Order cancels several pending orders if one is activated.
- Virtual pending orders, Hide SL TP for Virtual Stop Loss and Take Profit.
- Close positions by order type or when a specified profit is reached.
Additional Functions:
- Symbol switch enables changing the symbol of the current chart.
- Hotkeys for convenient trade functions and chart control.
- Receive notifications when support and resistance lines are broken.
- Capture screenshots of the chart manually or automatically by clicking the toolbar button.
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