Trade Assistant Expert TF MT4

Utilities Eda Kaya Version: 1.12 Updated: 26 February 2025
Trade Assistant Expert TF MT4

The Trade Management Assistant is a specialized trading tool designed to enhance capital allocation and mitigate risks within the MetaTrader 4 (MT4) environment.

This expert advisor features an intuitive control panel that facilitates seamless trade execution, risk oversight, and fund distribution. It also incorporates key functionalities such as automatic breakeven adjustments and a Trailing Stop system for optimized trade security.

Key Features of the Trade Management Assistant

The table below highlights the specifications and capabilities of this expert advisor:

Category

Capital Optimization - Risk Control - Trade Execution

Platform

MetaTrader 4

Skill Level

Beginner

Indicator Type

Capital & Risk Management

Timeframe

Multi-Timeframe

Trading Style

Scalping - Day Trading - Intraday

Markets

Forex - Stocks - Indices

Overview of the Indicator

Equipped with a user-friendly interface, this expert advisor simplifies trade execution while offering automation for breakeven placement, stop-loss trailing, and partial closure strategies. It allows traders to exit positions in phases, ensuring dynamic risk management.

Executing Buy Trades with the Expert

A buy opportunity arises on the 30-minute gold (XAU/USD) chart. Using the Trade Management Assistant, traders can customize their entry volume and stop-loss placement by choosing from fixed dollar amounts, percentage-based risk, or direct price inputs.

Additionally, various configurations for Risk-to-Reward (R/R) ratio adjustments enable structured trade planning, ensuring better capital preservation.

Executing Sell Trades with the Expert

A sell trade setup is executed on an hourly AUD/JPY (Australian Dollar/Japanese Yen) chart. The expert advisor assists traders in executing sell positions, setting pending orders, and refining risk parameters with precision.

By leveraging its built-in functionalities, traders can move trades to breakeven, fine-tune stop-loss placement, and utilize Trailing Stop & Partial Close features to lock in profits while minimizing unnecessary stop-outs.

Expert Configuration Options

Below is an overview of the settings available in the Trade Management Assistant:

Trade Execution Settings

Buy & Sell – Instantly execute market buy and sell orders
P & Sell.p – Configure pending order placements
Lot Size – Define trade volume specifications
SL (Stop-Loss) – Adjust stop-loss levels based on risk parameters
TP (Take-Profit) – Set take-profit targets for trade closure

Visual Customization

Visual Order – Toggle the visibility of SL and TP values on the chart
P & Sell.p – Adjust pending order visualization settings

Capital & Risk Management Settings

Breakeven – Automatically shift stop-loss to the entry point at a set threshold
Trail Start – Define the price level at which the Trailing Stop activates
Trail Step – Specify the incremental step for stop-loss movement
Close All – Exit all open positions simultaneously
Break All – Convert all profitable trades to breakeven status
Close Pending – Cancel all unexecuted trade orders

Conclusion

The Trade Management Assistant is an essential tool for traders seeking efficiency in both instant and pending order execution.

By allowing precise control over trade volume, stop-loss strategies, and risk-reward configurations, this expert advisor optimizes capital deployment and trade management within MetaTrader 4. Its automation features—such as breakeven shifting and Trailing Stop execution—ensure traders can protect gains and minimize risk with greater precision.