This risk management tool for MetaTrader 4 and 5 calculates optimal lot sizes based on user-defined risk parameters, account balance, and currency. It provides a graphical user interface for setting entry, stop loss, and take profit levels visually on the chart. The expert advisor accounts for commissions, swaps, and m
Utility · MT4
Ledia EA Assistant
Ledia EA Assistant is a manual trading utility for MetaTrader 4 designed to streamline order execution and risk management.
GitHub stars6
Forks6
Last update6 years ago13 Aug 2020
LicenceNone stated
Latest release1.06 years ago
Overview
Ledia EA Assistant allows users to enter positions at market price or via custom entry levels while automatically detecting the required order type, such as limits or stops. The tool includes built-in calculators for risk based on account balance or equity, supporting both fixed amounts and percentage-based lot sizing. It integrates stop loss, take profit, and risk-to-reward ratio calculations into a graphical interface for faster manual execution.
- GUI-based manual order execution panel
- Automatic risk and lot size calculation
- Dynamic risk-to-reward ratio visualization
- Support for market and pending order types
Details
Author
ahmedrhuma on GitHub
Type
Utility
Platform
MetaTrader 4 (MQL4)
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
Topics
metatraderexpertadvisormt4mt4-eametatrader4
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone ahmedrhuma/LediaEA_Assistant from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 file into Experts, and any .mqh files into the Include folder the code expects.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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