Summary of 📈 Trade Assist TF Expert for MetaTrader 4/5 Download - Free - [TradingFinder]
The video presents a detailed overview and tutorial of the Trade Assist TF Expert Advisor (EA) available for MetaTrader 4 and 5 platforms via the TradingFinder website. This Expert Advisor is designed to assist traders with trade execution, trade management, and Capital Management directly on the trading chart, enhancing efficiency and precision in trading activities.
Main Financial Strategies and Business Trends:
- Automated trade execution and management using an Expert Advisor.
- Use of stable coin and tick profit concepts to manage risk and profit targets.
- Integration of Capital Management features like break-even adjustment, trailing stops, and partial trade exits.
- Visual trade management tools to monitor entry points, profit/loss, and pending orders.
- Risk management through customizable stop loss and take profit settings aligned with risk/reward ratios.
- Efficient handling of multiple trades including bulk closing and pending order management.
Key Features and Methodology (Step-by-Step Guide):
- Installation and Activation:
- Download the Trade Assist TF Expert file from TradingFinder.
- Load the Expert Advisor from the Navigator section in MetaTrader.
- Drag and drop the EA onto the chart.
- Ensure algorithmic trading is enabled and confirm execution.
- Trade Management Panel:
- The EA displays a movable panel on the chart with options to minimize, close, or restore the panel.
- The panel shows the remaining time for the current candle.
- Trade Tab Functions:
- Instant buy or sell position creation.
- Display of profit, stop loss, take profit, entry price, and stable coin levels.
- Options for break even, partial close, trailing stop, and closing trades.
- Ability to set pending buy/sell orders with customizable entry, stop loss, and take profit levels.
- Volume adjustment in small increments (0.01% or 0.1%).
- Visual Tab:
- Visual representation of trades including entry volume, price, and risk/reward (R) values.
- Real-time ticker feed and profit/loss display.
- Easy placement and cancellation of pending orders.
- Capital Management Tab:
- Break-even management with options to set break even based on points, percentages, or dollars.
- Trailing stop setup with parameters for trail start and trail step values.
- Bulk trade management tools like closing all trades or closing all pending orders.
- Break-even functionality applies only if trades are profitable beyond set stable coin levels.
- Ability to manage stop loss dynamically with trailing stops and break-even adjustments.
- Risk Management Settings:
- Stable coin amount can be set in points, percentages, or dollars.
- Stop loss can be set as a percentage of the account balance.
- Take profit can be set according to a risk/reward ratio (e.g., 1:2).
- Additional Functionalities:
- Close all trades or all pending orders with a single click.
- Visual and interactive control over trade parameters directly on the chart.
Presenters / Sources:
- The video content is provided by TradingFinder.
- No specific presenter names are mentioned.
This Trade Assist TF Expert Advisor offers a comprehensive tool for traders looking to automate and manage their trades effectively on MetaTrader platforms, incorporating advanced risk and Capital Management features with a user-friendly interface.
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Category
Business and Finance