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Personal Assistant EA for MetaTrader 4
Info
The Personal Assistant EA for MetaTrader 4 is a Expert Advisor for MetaTrader 4 that the personal assistant expert advisor (ea) is designed to simplify your trading experience by providing essential information and executing orders efficiently. This EA offers the following features:- Displaying EA name and ID for easy identification and management of multiple EAs.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use Personal Assistant EA for MetaTrader 4
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
The Personal Assistant Expert Advisor (EA) is designed to simplify your trading experience by providing essential information and executing orders efficiently.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: Order Management Assistant - another powerful expert for MetaTrader 4 traders.
The Personal Assistant Expert Advisor (EA) is designed to simplify your trading experience by providing essential information and executing orders efficiently.Also recommended: Personal Assistant EA: Enhanced Trading Automation - similar expert with strong performance on MetaTrader 4.
This EA offers the following features:
- Displaying EA name and ID for easy identification and management of multiple EAs.
- Showing symbol, timeframe, leverage, and account details.
- Presenting lot volume, tick value, and margin requirements for informed decision-making.
- Calculating and displaying current spread, profit/loss, and the number of active orders.
- Providing average take profit and stop loss values for open orders.
- Quick order execution: open long/short positions or close orders with a single keypress.
- Adjust lot volume with ease using dedicated buttons.
User-friendly and customizable, the Personal Assistant EA includes:
- ID (magic number) for order management.
- Display_legend for on-chart command legends.
- Lotsize, slippage, text_size, text_color, and position adjustments for visual customization.
Note: Use with caution and ensure proper chart selection before inputting commands. Test on demo accounts first.
Recent Updates:
- Added display for the number of opened positions with SL and TP set.
- Fixed SL and TP value calculations.
You may also like: Grid Assistant Expert Advisor - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
input int id=3900;
input bool display_legend=true;
input double lotsize=0.01;
input int slippage=2;
input int text_size=10;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.