Market / MetaTrader 4 / Utilities /

Risk Panel Pro v1

FREE

Published: 23 September 2025

Current version: 1.63

Risk Panel Pro v1

Utilities
Saeed Hatam Mahmoudi
Saeed Hatam Mahmoudi
Founder at princelab

United Arab Emirates

2209
- https://www.princelab.dev
Version: 1.63
Updated: 10 October 2025

Risk Panel Pro (MT4)

Risk Panel Pro is a Tool for MetaTrader 4 that automates placing Stop Loss and Take Profit based on a percentage of the account balance. It is a trade management utility; it does not provide trading signals and does not guarantee any profit.

Main functions

Auto-apply SL/TP on new orders using balance-based risk (default: SL 2%, TP 4%).
Switch Automatic mode off to manage SL/TP manually.
One-click buttons to apply SL or TP to existing positions at any time.
Close Chart: closes all open positions on the current symbol.
Close All: closes all open positions across all symbols.
Draggable on-chart panel: double-click the hand icon, then drag to reposition.

How to use

Attach the EA to a chart in MetaTrader 4.
Ensure AutoTrading is ON (toolbar button is green) and Allow live trading is enabled in EA settings.
Set desired risk percentages for SL/TP or keep defaults (SL 2%, TP 4%).
Use Automatic mode to auto-apply SL/TP on new orders, or turn it off and use the panel buttons manually.
Use Close Chart to close positions on the current symbol, or Close All to close positions on all symbols.

Inputs

RiskPercent_SL – percent of balance to risk for Stop Loss.
RewardPercent_TP – percent of balance to target for Take Profit.
Automatic_Mode – on/off for automatic SL/TP on new orders.
Panel_Corner – top-left / top-right / bottom-left / bottom-right.
Panel_Offset_X / Panel_Offset_Y – pixel offsets from the chosen corner.
FontSize / Padding – panel text size and inner spacing.
Color_Scheme – optional colors for panel elements.
Confirm_Close_All – true/false confirmation before closing all positions.

Notes

No DLLs required and no external libraries.
Works with standard MT4 trade operations.
SL/TP calculations are based on current account balance and the configured percentages.
The EA does not open trades by itself; it manages SL/TP and close actions for user-initiated orders.

Limitations and safety

Close All affects all open symbols in the terminal. Use with care (enable confirmation if needed).
Actions apply to the current terminal/account environment. Behavior depends on broker execution and trading permissions.
Backtesting can be used to review panel behavior in Strategy Tester visual mode.

Support

If you find this tool helpful, your honest review or rating is appreciated. It motivates further development and helps prioritize useful features for future updates.

Updates

Updates may be published to maintain the stated functionality. Users can install updates at their discretion.

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Session Timers (MT4) Session Timers adds a clean ribbon at the bottom of the chart showing the time until open and time until close for major FX sessions. While a session is open, a progress bar fills in real time. This is a charting utility; it does not provide trading signals and does not guarantee any profit. Sessions covered Sydney Tokyo Frankfurt London New York Main functions Countdown to the next session open/close for each market. Live progress bar while a session is active. Works on al

FREE

Trendline Toolbox (MT4) Trendline Toolbox is a utility indicator for MetaTrader 4 that helps manage trendlines and common chart objects. It does not provide trading signals and does not guarantee any profit. Main functions Clone the selected trendline (style, angle, and price levels are preserved). Toggle the “Extend” property for the selected trendline. Delete the selected trendline. Delete all objects on the current chart. Double-click the hand icon to enable move mode, then drag the panel to

FREE

Risk Panel VIP (MT4) Risk Panel VIP is a professional Tool for MetaTrader 4 designed for fast, disciplined execution. It calculates position size from your balance risk and places Stop Loss / Take Profit accordingly. This is a trade management utility; it does not provide trading signals and does not guarantee any profit. Main functions Draggable Stop Line : place the stop on chart; the panel auto-calculates lot size from your configured risk % of balance (default 2%, editable). Context-aware a

30 USD

Risk Panel VIP (MT5) Risk Panel VIP is a professional tool for MetaTrader 5 designed for fast, disciplined execution. It calculates position size from your balance risk and places Stop Loss / Take Profit accordingly. This is a trade management utility; it does not provide trading signals and does not guarantee any profit. Main functions Draggable Stop Line : place the stop on chart; the panel auto-calculates lot size from your configured risk % of balance (default 2%, editable). Context-aware a

30 USD

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Risk Panel Pro v1

Saeed Hatam Mahmoudi

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