Forex Risk Manager MT5

Smart Risk Manager FOREX – Free On-Chart Lot Size Helper

Smart Risk Manager Forex is the free & simplified edition of the Smart Risk Manager family. It helps you calculate your position size on Forex pairs using a clean drag-and-release workflow.

Just drag on the chart and the indicator shows the recommended lot size based on your RiskUSD amount. It is small, fast and easy to use.

✨ Features

  • ✔️ Drag-to-measure lot size directly on the chart
  • ✔️ Clean & very lightweight – no panels, no clutter
  • ✔️ Works smoothly on most Forex pairs
  • ✔️ Perfect free tool for basic risk management

⚠️ Limitations (Forex Version)

  • ❌ Works only on Forex pairs. If attached to other symbols (gold, indices, etc.), it will show a message and will not calculate.
  • ❌ Shows only the Lot Size label (no Direction / Distance labels).
📌 How to Use
  1. Attach Smart Risk Manager Mini to a Forex chart (for example: EURUSD, GBPJPY).
  2. Set your desired RiskUSD (for example: 3, 5, 10 USD per trade).
  3. Click the ON/OFF button in the top-right corner to turn it ON.
  4. On the chart, left-click and hold at your potential entry price.
  5. Drag to your desired stop-loss level and then release the mouse.
  6. The indicator will show:
    • Lots: recommended lot size based on your risk and distance.

Click the button again to turn the tool OFF. When it is OFF, the label is hidden to keep your chart clean.

🎯 Inputs

  • RiskUSD – dollar risk per trade. The tool uses tick size, tick value and volume settings from your broker to estimate the position size.

🌟 Forex vs Pro Comparison

Feature Smart Risk Manager Forex Smart Risk Manager Pro ⭐
Drag-to-measure ✔️ Yes ✔️ Yes (enhanced)
Lot size calculation ✔️ Yes ✔️ Yes (more precise)
Direction (Buy / Sell) ❌ No ✔️ Yes
Distance in points ❌ No ✔️ Yes
Supported symbols Forex only All symbols (Forex, Gold, Indices, Crypto)
Usage limit 31 uses Unlimited
User interface 1 compact lot label 3 clean labels: Dir / Dis / Lots
Best for Free / basic users Professional traders

Start with Smart Risk Manager Forex – upgrade to Pro when you need full power.


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Market Time Watch A clean, lightweight and essential time-tracking tool for every trader Market Time Watch is a professional on-chart time display designed for traders who need an accurate real-time clock and precise candle timing while analyzing the markets. This tool helps you instantly see current local time , server time , and candle countdown directly on your chart without any clutter or heavy UI components. Whether you scalp fast markets, swing-trade sessions, or simply need a clean time r
FREE
Market Time Watch X
Amirhossein Bakhtiari
Market Time Watch X For Macbook! A clean, lightweight and essential time-tracking tool for every trader Market Time Watch is a professional on-chart time display designed for traders who need an accurate real-time clock and precise candle timing while analyzing the markets. This tool helps you instantly see current local time , server time , and candle countdown directly on your chart without any clutter or heavy UI components. Whether you scalp fast markets, swing-trade sessions, or simply need
FREE
Smart Risk Manager Pro
Amirhossein Bakhtiari
Smart Risk Manager Pro – Drag & Trade with Confidence Smart Risk Manager Pro MT5:  https://www.mql5.com/en/market/product/155713 Smart Risk Manager Pro is a professional on-chart risk management tool that calculates your position size based on your dollar risk. Simply click and drag on the chart and the indicator instantly shows: Direction (Buy / Sell) Distance in points Recommended Lot Size based on your RiskUSD value The tool is ultra-light, extremely fast, and designed for traders who want a
Smart Risk Manager Pro – Drag & Trade with Confidence Smart Risk Manager Pro is a professional on-chart risk management tool that calculates your position size based on your dollar risk. Simply click and drag on the chart and the indicator instantly shows: Direction (Buy / Sell) Distance in points Recommended Lot Size based on your RiskUSD value The tool is ultra-light, extremely fast, and designed for traders who want a clean chart and a precise risk-first trading workflow. Features ️ Drag-t
AutoTradeBot FOREX
Amirhossein Bakhtiari
AutoTradeBot++ – Line-Based Pending Orders & Multi-Level Risk-Free EA Draw lines. Set your risk. Let the bot do the rest. AutoTradeBot++ is a professional trade execution and risk management Expert Advisor designed for traders who want clean charts, fixed dollar risk and automated risk-free management – without giving up control of their strategy. You decide where to trade, the EA handles how to trade. Dedicated builds of AutoTradeBot++ are available for Gold (XAUUSD) , Dow Jones (US30) , NASDAQ
AutoTrader GOLD
Amirhossein Bakhtiari
AutoTradeBot++ – Line-Based Pending Orders & Multi-Level Risk-Free EA Draw lines. Set your risk. Let the bot do the rest. AutoTradeBot++ is a professional trade execution and risk management Expert Advisor designed for traders who want clean charts, fixed dollar risk and automated risk-free management – without giving up control of their strategy. You decide where to trade, the EA handles how to trade. Dedicated builds of AutoTradeBot++ are available for Gold (XAUUSD) , Dow Jones (US30) , NASDAQ
AutoTrade DowJones
Amirhossein Bakhtiari
AutoTradeBot++ – Line-Based Pending Orders & Multi-Level Risk-Free EA Draw lines. Set your risk. Let the bot do the rest. AutoTradeBot++ is a professional trade execution and risk management Expert Advisor designed for traders who want clean charts, fixed dollar risk and automated risk-free management – without giving up control of their strategy. You decide where to trade, the EA handles how to trade. Dedicated builds of AutoTradeBot++ are available for Gold (XAUUSD) , Dow Jones (US30) , NASDAQ
AutoTrade NASDAQ
Amirhossein Bakhtiari
AutoTradeBot++ – Line-Based Pending Orders & Multi-Level Risk-Free EA Draw lines. Set your risk. Let the bot do the rest. AutoTradeBot++   is a professional trade execution and risk management Expert Advisor designed for traders who want clean charts, fixed dollar risk and automated risk-free management – without giving up control of their strategy. You decide   where   to trade, the EA handles   how   to trade. Dedicated builds of AutoTradeBot++ are available for   Gold (XAUUSD) ,   Dow Jones (
AutoTrade US500
Amirhossein Bakhtiari
AutoTradeBot++ – Line-Based Pending Orders & Multi-Level Risk-Free EA Draw your lines. Set your risk. Let the bot do the rest. AutoTradeBot++ is a professional Expert Advisor for trade execution and risk management, designed for traders who want clean charts, fixed dollar risk, and automated risk-free management – without losing control of their strategy. You choose where to trade, the EA handles how to trade. Dedicated builds of AutoTradeBot++ are available for Gold (XAUUSD) , Dow Jones (US30)
Smart Risk Manager X Pro – Drag & Trade with Confidence - For MACKBOOK! Smart Risk Manager Pro is a professional on-chart risk management tool that calculates your position size based on your dollar risk. Simply click and drag on the chart and the indicator instantly shows: Direction (Buy / Sell) Distance in points Recommended Lot Size based on your RiskUSD value The tool is ultra-light, extremely fast, and designed for traders who want a clean chart and a precise risk-first trading workflow.
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