Are the parameter values in points or pips?

The values are in points! The value is derived from the Point variable.

How can I ensure that the Exp Assistant works correctly with my broker?

To ensure Exp Assistant works correctly with your broker, make sure to:

Can I use Exp Assistant with multiple accounts?

Yes, you can use Exp Assistant with multiple accounts by specifying different MagicNumbers for each account. This allows the assistant to monitor and manage positions across various accounts independently.

Is Exp Assistant compatible with both MetaTrader 4 and MetaTrader 5?

Absolutely! Exp Assistant is fully compatible with both MetaTrader 4 and MetaTrader 5 , providing seamless functionality across both platforms.

How do I install Exp Assistant?

To install Exp Assistant , follow these steps:

What is Exp Assistant?

Exp Assistant is an expert assistant for MetaTrader 4 and MetaTrader 5 that efficiently manages your positions and automates essential trading functions, enhancing trading effectiveness.

How does Exp Assistant manage trading positions?

Exp Assistant automatically sets Stop Loss, Take Profit, Trailing Stop, Breakeven, and Virtual Stops for your positions, ensuring you maintain full control over your trades.

What should I do if my Expert Advisor cannot set Stop Loss or Take Profit?

Exp Assistant will automatically place Stop Loss and Take Profit orders, activate Trailing Stop, or move Stop Loss to Breakeven as needed.

On which indicator is the Trailing Stop based in Exp Assistant?

The Trailing Stop in Exp Assistant is based on the Parabolic SAR indicator.

What are the key features of Exp Assistant?

Key features include detailed account information, easy opening of BUY and SELL orders, automatic Stop Loss and Take Profit levels, Trailing Stop, Breakeven, management of Virtual Stop Loss and Take Profit, notifications, and closed position statistics.

How does Exp Assistant display account information?

Exp Assistant provides detailed account information at a glance, allowing you to view all essential account details instantly.

How can I open BUY or SELL orders using Exp Assistant?

You can quickly and conveniently open BUY and SELL positions through the user-friendly control panel on the chart.

What is the function of Auto Move Stop Loss to Breakeven?

This function automatically moves the Stop Loss to the Breakeven level, protecting your positions from losses.

Which notification channels does Exp Assistant support?

Exp Assistant sends notifications to your phone, email, and Telegram.

How does Exp Assistant display closed position statistics?

Closed position statistics are displayed directly on the currency pair chart, including profit in deposit currency and pips.

Can Exp Assistant manage virtual Stop Loss and Take Profit levels?

Yes, Exp Assistant allows you to manage both Virtual Stop Loss and Virtual Take Profit directly from the control panel.

What are Virtual Trailing Stop and Virtual Breakeven?

These are virtual levels for Trailing Stop and Breakeven that provide more precise control over trades and are displayed on the chart as lines.

How do I activate Exp Assistant?

To activate Exp Assistant, simply click the corresponding button on the control panel.

What happens when I change settings in the Exp Assistant panel?

New parameters take effect immediately, and the Expert Advisor modifies the positions accordingly.

How are Stop Loss and Take Profit parameters set in Exp Assistant?

Stop Loss and Take Profit are set in points (pips), and their values must meet the minimum requirements set by your server.

What is Classic Trailing Stop in Exp Assistant?

Classic Trailing Stop allows automatic tracking of positions by modifying the Stop Loss into the profit zone based on defined parameters.

How does Breakeven work in Exp Assistant?

Breakeven moves the Stop Loss to the entry level once the trade reaches a specified profit, securing the position against losses.

What parameters are used to set up Trailing Stop based on Parabolic SAR?

Parameters include TrailingStopSAR (enable/disable) and Distance in points (pips), along with step and maximum settings for the Parabolic SAR.

How does Exp Assistant handle Virtual Stop Loss in MT4 and MT5?

In MT4, virtual levels work with both positions and orders, while in MT5, they work only with positions.

What occurs during virtual closing of positions?

When the price crosses the virtual Stop Loss or Take Profit line, Exp Assistant sends a command to close the position on the server, which may involve slippage or delays.

Can Exp Assistant manage pending and limit orders?

Yes, pending and limit orders use real Stop Loss and Take Profit levels.

What notifications can I receive via Telegram with Exp Assistant?

You can receive notifications about account events, position changes, and other important updates directly in Telegram.

How does Exp Assistant display the end time of the current bar?

The end time of the current bar is displayed directly on the chart, enhancing market analysis.

What limitations might I encounter when modifying Stop Loss and Take Profit?

Broker restrictions on the minimum Stop Loss level may prevent the modification of some levels.

Where can I find more information about the EAPADPRO panel?

Additional details about the main blocks of the EAPADPRO panel can be found in our blog: EAPADPRO.

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Expforex Vladislav

August 3, 2021

Assistant – the best free trading panel to support positions and deals with real/virtual StopLoss / TakeProfit / Trailing Stop

Auto Setting stop loss, take profit, trailing stop, breakeven levels, enabling virtual stops. Exp Assistant will help you organize maintenance of your positions. This Expert Advisor will set all the necessary stop loss and take profit levels for your positions. All the Expert Advisor operation is managed from the control panel on the chart.