PortfolioLab Pro
- Utilities
- Antonello Belgrano
- Version: 1.172
- Updated: 11 April 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
Correlation Heatmap Calculates Pearson correlation between every pair of magic numbers using daily returns. Instantly shows which EAs are moving in sync (concentrated risk) and which are naturally offsetting each other. Three views: matrix for small portfolios, histogram for larger ones, and a detailed stats table with sortable pair lists.
Monte Carlo Simulation Randomizes your historical trade sequence thousands of times 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. Warns automatically on negative expectancy, over-leverage, high drawdown, and low diversification.
Radar Analysis Seven-axis scoring (eight for multi-EA portfolios) on a 0–10 scale: Profit Factor, Expectancy, Sharpe, Drawdown, Recovery, Consistency, Trade Frequency, and Average Correlation. Each axis is calibrated with non-linear thresholds. Click any metric for a contextual interpretation of what that score means operationally.
Health Check Tracks edge per trade, linear regression slope, and acceleration over time — by asset and by group. Includes Distribution Score (skewness/kurtosis) and Crash Risk Score (tail risk). Action column outputs Keep, Watch, or Stop for each component. The chart shows a rolling edge rate with an acceleration band — green when edge is improving, red when it is deteriorating.
What-If Simulator Tests parameter hypotheses on your live portfolio without touching your EAs. Adjust lot multiplier, add spread in pips (calculated on real pip cost per symbol), multiply fees, filter by session hours, exclude break periods, disable specific weekdays, or remove individual symbols. Side-by-side comparison of original vs modified equity curve with delta on every metric.
Portfolio Distribution Shows how trades, magic number count, and risk are distributed across symbols — in a donut chart with three selectable views.
Grouping & Filtering Up to 20 configurable groups with custom names. Magic numbers can be entered as individual values (comma-separated) or as ranges (semicolon syntax). Blacklist for permanent exclusion of specific magic numbers, with a live toggle to include/exclude without changing settings. Date range filter to restrict analysis to a specific period.
WHO IT IS FOR
- Traders running 5 or more Expert Advisors on the same account
- Anyone who wants to understand how their EAs behave together, not just individually
- Traders using HTML backtest reports who want combined portfolio analysis
- Anyone making position sizing or risk allocation decisions across multiple strategies
TECHNICAL NOTES
- Works with live accounts (real-time) and MT5 HTML backtest reports
- No DLLs, no external servers, no internet connection required
- Supports up to 20 configurable groups and unlimited magic numbers
- Lightweight — no performance impact even with 100+ active magic numbers
- Dark interface optimized for extended screen use
VERSION
Current: 1.172 — actively maintained with regular updates.
99 USD — one-time purchase, 5 activations included.

