Tell it what you are willing to lose. It works out the contracts, puts entry, stop and target on your MotiveWave chart, and places the trade fully protected.
Working out contracts in your head is fine until the market is moving. Three things make it easy to get wrong.
A 12 tick stop and a 30 tick stop need very different sizes for the same cash at risk.
ES, MES, NQ and MNQ each have their own value per tick. Mix them up and the risk is out by a multiple.
The calculation happens seconds before entry, which is the worst moment for arithmetic.
Set the cash you are willing to lose with the plus and minus buttons, on the panel or on the bracket itself. Trade Assistant reads your stop distance and the instrument's tick value and gives you the size, every time, before you place anything.
Move the stop and the size updates with it. Your starting risk comes from the settings, and the panel shows what you stand to lose and to make, in cash and in ticks.
| Cash at risk | $200.00 |
| Stop distance | 16 ticks |
| Tick value | $1.25 |
| Risk per contract | $20.00 |
| Contracts | 10 |
Entry, stop and target are lines on the MotiveWave chart. Drag them to shape the trade. What you see is what gets placed.
Market, stop or limit. Every entry goes in with its stop and target attached, so you are never in a position without them.
Stack several limit orders for a better average. They share one stop and one target, which grow to cover the position as it fills.
Plenty of MotiveWave traders read the full-size contract and execute the micro. Trade Assistant follows that set-up: it reads your levels from the chart you analyse and sizes for the contract your orders go to.
No converting tick values between the two, and no order sent to the wrong instrument.
| Cash at risk | $200.00 |
| Stop on the NQ chart | 10 points (40 ticks) |
| MNQ tick value | $0.50 |
| Risk per MNQ contract | $20.00 |
| MNQ contracts | 10 |
Move the stop to break-even, switch on a trailing stop, or close half or three quarters of the position in a click.
Opened a trade another way? One tap adds a stop and target to it, sized to the position you hold.
It trades through whatever account MotiveWave is connected to, prop firm evaluations included. Nothing is placed unless you press the button.
Choose a term or the lifetime licence. Your key and the download arrive by email straight away.
Copy the file into your MotiveWave Extensions folder and restart MotiveWave. The guide in the download walks you through it.
Add Trade Assistant to a chart and paste the key into its settings. The same key covers a second machine and the NinjaTrader 8 edition.
It sits on the chart next to it. Trade Assistant starts from the cash you are willing to lose, works out the quantity from your stop, and places the entry with its stop and target attached, all from one panel.
Yes. Analyse one instrument and execute another, such as ES on the chart and MES on the account. The size is worked out for the contract you actually trade.
Trade Assistant is built and tested on the current MotiveWave release, on Windows.
It runs inside your platform and trades through whatever broker or prop firm account the platform is connected to, including evaluation accounts.
No. Trade Assistant never places a trade on its own. It calculates, previews and submits the orders that you trigger with a click. You stay in control of every entry and exit.
Terms start at £75 for three months, or pay £200 once for a lifetime licence. One licence covers two machines and every platform edition. The same key also runs the NinjaTrader 8 edition.
Set the risk, drag the stop, and place your next trade fully protected.
Get Trade AssistantAlso available for NinjaTrader 8: see the NinjaTrader edition.