PATI Trading Assistant: Free MT4 Expert Advisor

Overview

The software functions as a trade manager that supports semi-automated entries by drawing range lines and placing pending orders. It includes risk controls such as customizable stop loss levels, take profit targets based on minimum reward-to-risk ratios, and automated stop adjustments for triggered orders. The visual interface displays entry and exit markers, trade trend lines, and no-entry zones on the chart. The README is minimal.

Automated pending order placement on user-defined ranges

Dynamic stop loss management with currency pair exceptions

Visual chart overlays for entries, exits, and no-entry zones

Reward-to-risk ratio validation for trade entries

Support for multiple symbols and customized pip offsets

Details

Input parameters

Read from draw_levels.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default
`General`	`string`	`===General===`
`Testing`	`bool`	`false`
`PairOffsetWithinSymbol`	`int`	`0`
`AlertOnTrade`	`bool`	`true`
`MakeTickVisible`	`bool`	`false`
`SaveConfiguration`	`bool`	`false`
`ConfigureStops`	`string`	`===Configure Stop Loss Levels===`
`DefaultStopPips`	`int`	`12`
`ExceptionPairs`	`string`	`EURUSD/8;AUDUSD,GBPUSD,EURJPY,USDJPY,USDCAD/10`
`SendSLandTPToBroker`	`bool`	`true`
`SetLimitsOnPendingOrders`	`bool`	`true`
`AdjustStopOnTriggeredPendingOrders`	`bool`	`true`

Show all 40 inputs

Name	Type	Default
`ConfigureDisplay`	`string`	`===Configure Trade Display===`
`ShowEntry`	`bool`	`true`
`ShowInitialStop`	`bool`	`true`
`ShowExit`	`bool`	`true`
`ShowTradeTrendLine`	`bool`	`true`
`EntryIndicator`	`int`	`2`
`WinningExitColor`	`color`	`Green`
`LosingExitColor`	`color`	`Red`
`TradeTrendLineColor`	`color`	`Blue`
`WriteFileTradeStats`	`bool`	`true`
`ConfigureNoEntryZone`	`string`	`===Configure No-Entry Zone===`
`ShowNoEntryZone`	`bool`	`true`
`NoEntryZoneColor`	`color`	`DarkGray`
`MinNoEntryPad`	`double`	`15`
`ConfigureTP`	`string`	`===Configure Take Profit Levels===`
`UseNextLevelTPRule`	`bool`	`true`
`MinRewardRatio`	`double`	`1.5`
`ConfigureRangeLines`	`string`	`===Configure Draw Range Lines feature===`
`ShowDrawRangeButton`	`bool`	`true`
`RangeLinesColor`	`color`	`Yellow`
`SetPendingOrdersOnRanges`	`bool`	`true`
`MarginForPendingRangeOrders`	`double`	`1.0`
`AccountForSpreadOnPendingBuyOrders`	`bool`	`true`
`PendingLotSize`	`double`	`0.0`
`CancelPendingTrades`	`bool`	`true`
`TimingRelatedVariables`	`string`	`===Timing Related Configuration===`
`EndOfDayOffsetHours`	`int`	`0`
`BeginningOfDayOffsetHours`	`int`	`0`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone szagar/MQL4 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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PATI Trading Assistant

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