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.
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.
