Good Simple Risk Manager
- Utilities
- Version: 2.0
- Updated: 26 March 2026
- Activations: 10
🛠️ GOOD SIMPLE RISK MANAGER
The Ultimate Utility for Precise Trading & Risk Management in MetaTrader 5.
Are you tired of manual lot calculations and slow executions? GOOD SIMPLE RISK MANAGER is a powerful all-in-one execution panel designed for professional traders who prioritize risk control and speed.
🌟 Key Features:
-
Dynamic Auto-Lot Calculation: Never calculate lots manually again. Simply enter your Risk % and Stop Loss, and the tool instantly calculates the appropriate lot size based on your current account balance.
-
Landscape Workspace: Designed with a wide layout to keep your chart visible while providing all essential controls in one place—execution on the left, risk & trailing on the right.
-
Mandatory Risk Control: A built-in safety feature that requires a Stop Loss (SL) for every trade. It also validates your entry—preventing common mistakes like placing an SL on the wrong side of the price.
-
Smart Pending Orders: Supports Market Execution, Buy/Sell Limits, and Buy/Sell Stops with a single unified interface.
-
Advanced Trailing System: A fully dynamic trailing stop with customizable Start (Points) and Step (Points) to protect your profits automatically.
-
Emergency "CLOSE ALL": Instantly exit all positions managed by the utility with a single click—crucial during high volatility.
-
Visual Feedback: Real-time display of your Expected Loss (in currency) and Calculated Lot before you even open the trade.
📊 How it Works:
-
Select Order Type (Market or Pending).
-
Input SL & Entry Price (Leave entry as 0 for Market).
-
Set Risk % (e.g., 1.0%). The panel will show your exact dollar risk.
-
Click "SET POSITION" to execute.
-
Enable Auto Trailing to manage your open trades while you're away.
"Trading without risk management is just gambling. Trade like a pro with Ultra Risk Manager."
======
update V.2.0
We’ve listened to your feedback! The latest version is here to solve the "GUI Reset" issue and provide even more granular control over your trades. This update transforms the utility into a true Command Center.
💎 What’s New in V2.0?
Persistent GUI (Anti-Reset System):
Problem: Switching timeframes or symbols used to reset all your inputs.
Solution: We’ve implemented a Global State Memory. Now, your Risk %, Trailing Start, and Step values are automatically saved and restored even if you change timeframes.
Smart Pair Filtering:
The Dashboard and Trailing Stop now focus exclusively on the current chart's symbol. This prevents confusion if you are trading multiple pairs simultaneously with the same Magic Number.
Universal vs. Local "Close All":
Added a new "APPLY TO ALL PAIRS" toggle.
Unchecked: Only closes positions/pendings on the current chart.
Checked: Cleans up your entire account for that specific Magic Number across all symbols.
Real-Time Account Dashboard:
Track your Current P/L (Currency), Active Positions, and Pending Orders directly on the panel. The data updates every second, keeping you aware of your exposure at all times.
Precision Trailing:
Optimized for specific pair digits. The trailing logic now ensures it only modifies trades belonging to the active symbol for better point-calculation accuracy.
📊 Technical Specifications:
Optimized Resource Usage: GUI updates are now handled by a 1-second timer to ensure zero impact on your terminal's performance.
Standard Library Integration: Uses pure MQL5 Controls for maximum compatibility.
"Focus on your analysis, let the Good Simple Risk Management handle the math and the safety."
