Free MetaTrader 5 tools
Five small tools for MetaTrader 5, free on the MQL5 Market. Each one does one job and shows the answer on your chart: the lot size for your risk, the price of a margin call, a pause after losing trades, one exit for many trades, and the next news. None of them opens a trade.
AlgoTrade Position Size Panel Ours · AlgoTrade
Drag the entry, stop loss and take profit lines, and the panel shows the lot size for the risk you pick: a percent of balance, a percent of equity or a fixed amount. It also shows the loss at the stop, the profit at the target, the margin and the reward to risk. It only calculates.
Free plan: free. Install it from its MQL5 page or from the Market tab in MetaTrader 5.
AlgoTrade Margin Call Levels Ours · AlgoTrade
Draws the prices where your broker's margin call and stop out would start for the open trades on the chart symbol, and shows how far away they are in points and in average daily ranges. It can alert you when the margin call price comes close. It only reads your account.
Free plan: free. Install it from its MQL5 page or from the Market tab in MetaTrader 5.
AlgoTrade Loss Streak Guard Ours · AlgoTrade
Pauses trading after losing trades, by your own rules: a short wait after each loss, a longer pause after a losing streak, and an optional stop for the day. A trade opened during a pause is closed or only reported, as you choose.
Free plan: free. Install it from its MQL5 page or from the Market tab in MetaTrader 5.
AlgoTrade Basket Manager Ours · AlgoTrade
Treats all your open trades as one basket. It shows the net result with swaps and commission and the break-even price, and closes the whole basket at the net profit or net loss you set, with a break-even lock or a trailing lock if you want one.
Free plan: free. Install it from its MQL5 page or from the Market tab in MetaTrader 5.
AlgoTrade News on Chart Ours · AlgoTrade
Puts the MetaTrader 5 economic calendar on your chart: a line at each event for the currencies of the symbol, and a card with the next events, a countdown and the forecast, previous and actual values. It can alert you a few minutes before high-importance events.
Free plan: free. Install it from its MQL5 page or from the Market tab in MetaTrader 5.
Tell us what to fix
These tools are new. If something is unclear or you want a feature, write in the comments on the MQL5 page, or tell Ezo on the idea board. Reviews on MQL5 decide what we improve next.
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