Smart Prop Risk Manager
- Indicators
- Alex Amuyunzu Raymond
- Version: 1.0
- Activations: 5
Smart Risk Manager Dashboard is a MetaTrader 5 indicator designed to assist traders with structured risk control and real-time account monitoring.
It provides a visual interface for managing position size, tracking losses and gains, and setting custom trading limits.
Key Features
-
SL/TP Risk Calculator
Displays estimated risk and reward directly on the chart using adjustable horizontal lines. -
Live Dashboard with Metrics
Shows equity, balance, daily gain/loss, trade count, and other key values in real time. -
Drawdown Protection Mode
Option to lock trading once pre-defined daily or overall loss thresholds are reached. -
Dynamic Lot Size Buttons
Quick-select buttons for applying fixed risk percentages per trade. Lot size is calculated automatically from stop-loss distance and account balance. -
Configurable Alerts
Warnings can be displayed when approaching risk thresholds or custom account conditions. -
Profit Outcome Simulator
Tool for simulating potential trade outcomes based on user-defined win rate and risk-to-reward ratio. -
Session-Based Tracking
Separate monitoring by trading sessions (Asia, London, New York) with flexible display options. -
Lightweight Panel GUI
Customizable on-chart interface, designed for clarity and low resource use across different timeframes and instruments.
Indicator Inputs (Parameters)
-
Drawdown Protection (ON/OFF) – enable or disable account protection features
-
Daily Loss Limit (%) – set maximum daily drawdown threshold
-
Account Loss Limit (%) – set overall account drawdown threshold
-
Risk Buttons – configure percentage levels for position sizing
-
Profit Simulator – toggle the outcome simulation panel
-
Panel Corner – select panel placement on the chart
-
Session Filters – define sessions for monitoring and display
-
Alert Settings – configure notifications for risk thresholds
-
SL/TP Lines – enable chart lines for visual risk calculation
Notes
-
This is an indicator tool for analysis and monitoring only.
-
It does not open, manage, or close trades automatically.
-
No external DLLs or registration are required.
-
Compatible with MetaTrader 5.
