PortfolioLab Pro
- Utilities
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Antonello Belgrano
MQL5 Programmer specialized in creating professional Expert Advisors and Indicators.
I develop high-quality strategies as well as custom solutions, optimizations, and personalized Expert Advisors tailored to your specific needs.
Feel free to contact me for any requests or custom projects. - Version: 1.180
- Updated: 22 September 2026
- Activations: 5
Managing multiple Expert Advisors on a single MT5 account is harder than it looks. Each EA performs fine in isolation — but together, they can silently concentrate risk, correlate during drawdowns, and behave very differently from what the individual backtests suggested.
PortfolioLab Pro gives you a complete analytical picture of your portfolio, directly inside MetaTrader 5. No external tools, no exports, no manual calculations. Everything updates in real time as your EAs trade.
WHAT IT DOES
Overview — Net profit, max drawdown, profit factor, expectancy, Sharpe ratio and recovery factor at a glance, with a combined balance/drawdown/trades chart you can filter by preset ranges.
Strategies Scoreboard — Every magic number classified as Improving, Stable, Recovering, Slowing, Losing edge, Losing, Idle or New, based on a month-over-month comparison (1M vs 6M, 1M vs 3M, 3M vs 12M, or 1M vs All). At-a-glance counters group all strategies into Doing Well / Slowing Down / In Trouble / Idle-New, plus a "best" and "worst" performer over the last 3 months. Sortable table with trend sparkline, net profit, trades, win rate, profit factor, max drawdown and last trade date per strategy.
Correlation Analysis — Calculates Pearson correlation between every pair of magic numbers using daily returns. Three views: a matrix (up to 15 strategies) for small portfolios, a histogram with hedge/independent/move-together bands for larger ones, and a full sortable pairs table that tags every pair as Risk, Hedge or Neutral. A watch list automatically flags pairs with |correlation| > 0.7 so concentrated exposure or effective hedges are never missed.
Radar Analysis — Eight-axis scoring (Profit Factor, Expectancy, Sharpe, Drawdown, Recovery, Consistency, Trade Frequency, Average Correlation) on a 0–10 scale with non-linear thresholds, rolled up into a single Overall Score with a plain-language verdict (e.g. "Decent — works but with weaknesses, monitor before scaling"). Click any metric for a contextual breakdown of what the score means operationally.
Health Check — Tracks edge per trade, regression slope and acceleration over time, broken down by asset or by group. Includes a Distribution score (skewness/kurtosis) and a Crash Risk score (tail risk), with a Keep / Watch / Stop action verdict for every component. A single 0–10 Portfolio Health score summarizes whether the edge is trending up or down and whether the recent period is accelerating or decelerating.
Monte Carlo Simulation — Randomizes your historical trade sequence (500 to 10,000 custom runs) to map the probability distribution of future outcomes. Outputs: probability of profit, risk of ruin, median/5th/95th percentile balance, average and worst-case drawdown, VaR at 95%, Calmar ratio, Kelly criterion, Z-score and Sharpe (MC) — visualized alongside the original equity curve, the best/median/worst simulated paths, and the full run cloud.
What-If Simulator — Tests parameter hypotheses on your live portfolio without touching your EAs: lot multiplier, extra spread in pips (calculated on real pip cost per symbol), fee multiplier, trading-hour windows, break exclusions, disabled weekdays, skip NFP/high-impact news days, or exclude specific symbols. Side-by-side original-vs-scenario equity curve with delta on every metric (net profit, drawdown, profit factor, win rate, expectancy, recovery factor).
Portfolio Distribution — Donut chart showing how trades, strategy count and P/L volume are distributed across symbols, with three selectable views (Strategies, Trades, P/L volume).
Grouping & Filtering — Up to 20 configurable groups with custom names. Magic numbers entered as individual values (comma-separated) or ranges (semicolon syntax). Permanent blacklist for excluding specific magic numbers, with a live on/off toggle that applies instantly across every tab. Custom date range filter applied portfolio-wide.
WHO IT IS FOR
- Traders running 5+ Expert Advisors on the same account
- Anyone who wants to understand how their EAs behave together, not just individually
- Anyone making position sizing, risk allocation, or strategy retirement decisions across a multi-EA portfolio
TECHNICAL NOTES
- Works with live accounts (real-time)
- No DLLs, no external servers, no internet connection required
- Up to 20 configurable groups and unlimited magic numbers
- Lightweight — tested with 270+ active strategies and 4,300+ closed trades with no performance impact
- Dark interface optimized for extended screen use
VERSION
Current: 1.18 — actively maintained with regular updates.
59 USD — one-time purchase, 5 activations included.

