Manual Trading Assistant EA
Info
The Manual Trading Assistant EA is a Script for MetaTrader 4 that introducing a new expert advisor designed to assist with manual trading. This EA enables the placement of pending and market orders.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Scripts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use Manual Trading Assistant EA
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
What this tool does
Introducing a new Expert Advisor designed to assist with manual trading.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Script works on MetaTrader 4. Place the file in the MQL4/Scripts folder and restart the terminal.
Description & Settings
Related: automated economic calendar trading advisor - another powerful script for MetaTrader 4 traders.
Introducing a new Expert Advisor designed to assist with manual trading.Also recommended: rsi and cci trading strategy - similar script with strong performance on MetaTrader 4.
This EA enables the placement of pending and market orders.
It can remove and close orders, set stop loss and take profit levels, and implement break-even and trailing stop functionalities.
All actions are controlled via dedicated buttons.
Additional Features:
- Lot size calculation based on account balance.
- On-the-fly adjustment of lot size and all parameters using the mouse, without needing to access the EA's settings.
- Partial closing of open positions.
- Option to disable pending order buttons for a more compact control panel display.
Please test and suggest improvements.
The updated version of the EA includes the ability to resize and change the color scheme of the windows by simply clicking buttons in the upper-left corner.
Furthermore, the EA now supports enabling trailing stops, break-even, and take profit based on the overall break-even level of unidirectional orders.
You may also like: Trading Panel with Indicator Signals - excellent alternative for script users on MetaTrader 4.
Source Code
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "2.00"
#property strict
#property description "Educational code - RobotFX www.robotfx.org"
#property description "Educational code - RobotFX www.robotfx.org"
int StopLoss_Buy=0, //стоплосс
TakeProfit_Buy = 0, //тейкпрофит
TrailingStop_Buy = 0, //трейлингстоп, если 0, то нет трейлинга
NoLoss_Buy = 0, //перевод в безубыток, если 0, то нет перевода в безубыток.......
⚠ 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.