How to work with Trade Assistant :

The three main sections of the program in the initial version:

In this version of the program, there are three main sections, all of which constitute the general part of the comprehensive program. This part is designed to meet the needs of all traders, regardless of their analytical style. Weekly updates will add new sections to the program, transforming it into an analytical assistant in the style of Smart Money, based on the TradingHub 3 educational course, along with pattern styles. Finally, based on the setups and analyses available in the program, users will be able to select and combine areas, creating a personal setup in the program. The program will then be usable as a fully automatic robot in the style of Smart Money.

  • The first part, which is related to the strength of currencies against each other in the selected 3 timeframes, is C0 in 2 live candles, and the last closed candle is C1.
  • The second part is related to professional capital management, managing open positions, and placing orders in a completely professional manner.
  • The third part is also for identifying and reading important news from ForexFactory sites and displaying them on the website.
panels

This toolbar is for managing the display of various panels and changing the chart theme. If you’re not using a panel and want to declutter the chart, you can hide the unnecessary panel. If needed, you can display the desired panel by clicking on its title.

  1. RSOC: This optionis for show or hide the first part that is related to the strength of currencies,by clicking on it,panel will be visible or hidden.
  2. MM: This option is for show or hide the second part that is related to the money management tools,by clicking on it,the panel will be visible or hidden.
  3. FN: This option is for show or hide the third part that is related to important news.
  4. CT: This option is for the candle close timer at the bottom of the chart.
  5. THEME: This option is for changing the chart theme. Dark\Light.
toolbar

The program currently has two themes: dark and light. In future versions, customization options will be added to the program.

theme1
theme2

The currency strength panel consists of three rows, each corresponding to a specific timeframe. Each row calculates the strength of currencies based on two live candles and the last closed candle.This indicator is widely used by many traders.By using this panel, you can instantly grasp the strength and weakness of currencies relative to each other at different time frames.

EXPLAIN MORE

In each currency, the column on the right corresponds to the live market candle, and the column on the left corresponds to the last closed candle.

توضیحات

This section shows currencies with the most movement in that timeframe, indicating market sentiment in that candle and timeframe.

It’s important : the basis for the calculations of this panel is the 28 major currency pairs in the market. If these currencies are not in your MetaTrader Market Watch, the program will automatically add them to your Market Watch list.

If the 28 major currency pairs are not present in your watchlist because there is no data available in your MetaTrader, the panel calculations may not be accurate until the necessary data is downloaded and processed, which may take a few minutes and after a few minutes, the calculations will be accurate, and you will be able to use the panel correctly.

The second part of the program is related to money management and calculates the entry volume based on the set stop. It also considers transaction commission(provided that a trade has previously been executed on that currency pair and is present in your transaction history)is The program graphically calculates stop, target, and risk-to-reward ratio values for 1000 positions.

margin
panelonchart1

Example calculation of volume based on a percentage risk of the balance

p-o-c-2

Example calculation based on a fixed volume

p-o-c-3
explain the box
1000manage1
1000manage2

This program is capable of managing and calculating for 1000 managers simultaneously for both managed and fixed volumes in a combination of single and multi modes.The term ‘active manager’ in this program refers to a manager that has been clicked on, and its color has changed compared to other managers.

With a click on the ‘SetOrder’ option on the panel, provided that an active manager is selected orders will be placed with the values calculated by the program.

 

The third panel is for specifying site ForexFactory news

About news panel

low impact

low impact news

medium impact

medium impact news

high impact

high impact news

alertnews

alert time before and after the news

AND THE LAST PART

The forbidden trade zone for props

forbidden zone prop

Table of Contents

Click for download and installation guide for the program