MQL5 Tools

Tools that solve real problems.
Not tools that promise profits.

Published on the MQL5 Market · Used on my own accounts first · Direct developer support

FastAutolot MT5 & MT4

The problem it solves: the wrong size

The fastest way to burn an account — prop or personal — isn't the wrong signal: it's the wrong lot. Manually computing the correct size for every trade (risk %, stop distance, pip value on the symbol) takes time, and under pressure you get it wrong. The classic prop account burned by a badly rounded lot is not a legend.

FastAutolot eliminates the manual calculation: you decide how much to risk, it computes how much to buy.

FastAutolot: automatic risk management on MetaTrader
How it works

3 risk levels, even from mobile

You map three risk percentages to three symbolic sizes: open 0.01 lots from your phone and the EA on your PC opens the position with a real 0.25% risk; 0.02 = 0.50%; 0.03 = 1%. Fully customizable. The calculation happens server-side: your phone doesn't do the math, the system does.

Fixed risk

Risk in money, not just %

You can set a fixed currency risk: with €70 configured, the EA adjusts the lot size so the stop distance is worth exactly €70. Total control, no surprises — essential under prop constraints where every violation is final.

Management

Auto TP, break-even and partials

Auto take-profit, auto break-even and partial closes straight from the utility, with the essentials printed on the chart: the 3 risk levels, the active risk type (percent or fixed), automation status. Everything visible, nothing to remember.

FastAutolot for MT5 ↗ FastAutolot for MT4 ↗

Seller rating 4.5/5 on MQL5 · "Life trading changer! Lots calculator directly from the phone" — verified review

Advanced Daily VWAP · MT5

VWAP: the price institutions watch

The VWAP (Volume Weighted Average Price) is the day's average price weighted by volume: not "where price went", but where the money went. It's the benchmark institutional desks use to measure execution quality — which is why it acts as a magnet and a reaction level far more than any ordinary moving average.

Why it matters: above VWAP the session's average flow is profitable on longs, below it on shorts. It's objective context, recomputed every day — not a line drawn by feel. In volatile markets it is often a more reliable trend gauge than the simple average price.

What it adds

Standard deviation + trading bands

The indicator doesn't just compute the daily VWAP: it incorporates standard deviation to represent the session's real volatility, and draws trading bands with a 1.5 multiplier. Upper and lower bands become objective references for profit targets and stop losses.

How to use it

Levels, not prophecies

VWAP with bands gives you a map: where the session's average value is, how far price has stretched from it in volatility units, where TP and SL statistically make sense. The trade decision is yours — or your system's. No indicator predicts the future; this one at least measures the present well.

Advanced Daily VWAP on MQL5 ↗

Deep dive: VWAP — the complete guide: what it is, why it works, how to use it

A promise I can keep

None of these tools will make you money: that's not their job, and anyone selling you a tool claiming otherwise is lying to you. Their job is to eliminate whole classes of operational errors — the wrong size, the arbitrary level — so that your results depend on your edge, not on your slips. If you don't have an edge yet, read the book first: it costs less than any lesson the market will teach you.