Question 1

What is Trade Assistant MT5?

Accepted Answer

Trade Assistant MT5 is a professional trade management utility for MetaTrader 5. It helps traders manage risk, place orders, and control trades more efficiently directly from the chart.

Question 2

Is Trade Assistant an automated trading EA?

Accepted Answer

No. It is not a fully automated EA. It is a manual/semi-automated tool that assists you in placing and managing trades with greater precision and control.

Question 3

Can it calculate lot size automatically?

Accepted Answer

Yes. The panel can automatically calculate the correct lot size based on your defined risk percentage and Stop Loss distance for consistent risk management.

Question 4

What trailing stop methods does it support?

Accepted Answer

It supports multiple advanced trailing methods including ATR, Moving Average, Parabolic SAR, Fractals, and Partial Close trailing.

Question 5

Does it have a Breakeven function?

Accepted Answer

Yes. You can activate the Breakeven feature to automatically move your Stop Loss to the entry price once the trade moves in your favor, eliminating risk.

Question 6

Can I close part of my position automatically?

Accepted Answer

Yes. Trade Assistant allows you to set multiple Partial Close levels so the tool can automatically close portions of your trade at different profit targets.

Question 7

Does it support hotkeys?

Accepted Answer

Yes. The utility includes customizable hotkeys, allowing you to perform actions like opening or closing trades quickly without using the mouse.

Trade Assistant MT5Premium

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