The Ultimate Trade Assistant is a comprehensive trading tool designed to streamline and automate manual trading operations. Packed with over 50 features, this multifunctional order manager simplifies the trading process by automating key trading actions, making it an essential tool for traders looking to enhance their efficiency.

This all-in-one trade panel assists with everything from opening and closing positions to managing risk, tracking performance, and automating tasks, making it the last order manager you’ll ever need. Below is a detailed breakdown of its key features and functionalities.

Trade Features of Trade Assistant

Core Trading Features

The Ultimate Trade Assistant enables one-click execution of essential trading operations:

• Open and Close Orders – You can effortlessly open and close pending orders, grid orders, and positions with a single click. It also allows you to reverse or lock positions and even perform partial closures.
• Set Common Take Profit and Stop Loss – For all your positions, you can set a universal Take Profit (TP) and Stop Loss (SL) at a single level.
• Breakeven Stop Loss – This feature moves the SL to the breakeven level, reducing potential losses.
• Grid Trading Support – Open multiple orders in one click, distributing the calculated volume across the grid.
• Visual Trading Levels – You can visualize the trading levels of future orders on the chart, helping you make more informed decisions.

Advanced Position Management

• Automatic Risk Calculation – Open trades with pre-calculated volume based on your desired risk level.
• Spread Limit – Set a limit on the maximum spread for order execution, protecting you from large spreads during volatile market conditions.
• Trailing Pending Orders and Virtual TP/SL – This feature adds flexibility to your trade management by allowing you to use trailing pending orders or virtual stop losses and take profits to manage your trades in dynamic market conditions better.
• Expiration Dates for Orders – You can assign expiration dates for pending orders, adding a time-based exit strategy.

General Closure Functionality

For traders who use a more holistic approach to trade management, this tool offers general closure options:

• Close All Positions – When the total account profit or loss reaches a predefined level, all open positions are closed automatically.
• Selective Closure – Specify whether to close all positions, just SELL or BUY positions, or only certain types of orders.

OCO (One Cancels the Other) Orders

With OCO functionality, the tool allows traders to place two pending orders that automatically cancel each other out when one is executed. This feature can be a game-changer for traders looking to hedge or avoid unnecessary exposure.

Risk Management and Trading Report

Ultimate Trade Assistant provides powerful tools to analyze and manage risks:

• Trade History Display – Visualize your trading history on the chart and select which item types to show for better analysis.
• Custom Trading Reports – Create detailed trading reports for all symbols or specific ones, allowing you to monitor performance.
• Profit/Loss Limits – To maintain control over your account, set limits on your daily, weekly, or monthly profits and losses.
• Alerting Mechanisms – Get notifications when limits are reached, enabling automatic position closures or terminal shutdown to protect your account.

Task Automation

This Order Manager allows you to automate tasks for opening and closing orders:

• Task Activation Triggers – These tasks can be triggered by specific times, price levels, or even the completion of another task, giving you precise control over your trading strategy.
• Multifunctional Task Management – Automate the closure or opening of all types of orders and positions without manual intervention.

Partial Closing Functionality

This tool allows you to set partial closing levels, automatically closing portions of a position once a specified profit is reached. The closing volume can be defined as a fixed lot, a percentage of the current lot, or a percentage of the initial lot.

Trailing Stop and Breakeven Features

• Six Types of Trailing Stop – You can use six different trailing stop algorithms to move your stop loss in the direction of profit.
• Virtual Breakeven Levels – This feature enables an unlimited number of breakeven levels, ensuring maximum flexibility in position management.

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Other Features of Order Manager

Screenshot

This Order Manager also comes equipped with a convenient Screenshot feature. With one click, traders can take a screenshot of the current chart, which is automatically saved to: ...MQL4\Files\Charts\[Symbol]

GUI Settings

A fully-featured GUI settings panel offers extensive customization options, allowing traders to tailor the interface to their preferences. Nearly every aspect of the tool can be adjusted, ensuring a personalized and user-friendly experience for all traders.

Alerts and Notifications

Keep track of the market without constantly monitoring your charts:

• Price and Time Alerts – Receive notifications when the price hits a defined level or a specified time is reached.
• Chart, Email, or Phone Alerts – You can choose to receive these alerts directly on the chart, via email, or on your mobile device.

Chart and Symbol Management

Stay organized and informed with chart and symbol management tools:

• Symbol Switching – Easily switch between symbols on your charts for quick analysis.
• Favorites and Open Orders Lists – Group symbols in customized lists and highlight symbols where you have open positions.

Info Panel

The real-time info panel gives you all the data you need at a glance:

• Symbol-Specific Data – View details like spread, time to bar close, current profit/loss, breakeven price, and Number of positions, their volume, and difference.
• ATR-Based Insights – See ATR indicator readings and calculate your power reserve based on current market volatility.

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Conclusion

The Ultimate Trade Assistant is an all-in-one tool that caters to novice and experienced traders, automating routine tasks while giving you full control over your trades. From order management and risk control to detailed reporting and task automation, this panel is the last order manager you’ll ever need. Download it now and elevate your trading experience to the next level!