Trade Assistant Basic: Automated MT5 Trading with Verified Results and Risk Controls

This Trade Assistant Basic review of 2026 examines real-world performance and delivers a practical analysis of the utility dashboard and execution tools. The author, Wendell Aganos, built Trade Assistant Basic as an MT5 utility priced at $30, designed to bridge the gap between signal generation and trade execution. The review covers how the dashboard's one-click execution reduces hesitation and calculation errors that often occur during high volatility while highlighting trailing stop features that preserve gains. Trade Assistant Basic is unique because it is not a strategy-only EA; it is a workflow tool that enforces disciplined entries and exits. The algorithm uses volatility scaling for suggested lot sizes and a trailing stop mechanism that can be configured to follow ATR-based moves. In practice, the dashboard performs best in trending and higher-volatility intraday conditions where rapid execution matters. It is less effective in flat, range-bound markets where fewer directional opportunities exist. Risk management is built into the interface: users set a risk percentage per trade and the EA converts that into lot sizes, with optional hard stop loss and trailing stop parameters. Expected performance characteristics are conservative to moderate: the EA aims to improve execution quality and reduce slippage-related losses rather than produce aggressive high-frequency returns. The product has a 4.5/5 rating from 100 reviews on the marketplace, reflecting positive user feedback on stability and ease of use.