Manual Trade Risk Manager

  • Utilities
  • Kevin Johannes Witt
    Kevin Johannes Witt
    MQL5 / MetaTrader 5 developer. I build Expert Advisors and custom indicators from clear specifications, and I fix, debug and optimize existing MT5/MQL5 code.
    What I focus on:
    - Clean, modular, well-commented MQL5 - each concern in its own class/function.
  • Version: 1.0
  • Activations: 5
Manual Trade Risk Manager is a complete on-chart trade manager for MetaTrader 5. It does not open trades and makes no market prediction - it is a money- and risk-management layer for manual trades or trades opened by another EA. Clickable panel (manual): show the correct lot size for a chosen risk percent, set breakeven now, close 50% or close the whole position with one click. Automatic engine (every tick): breakeven after your trigger, staged partial close at up to three profit levels, trailing stop with a configurable step, and an equity-protection stop that closes everything when the day's floating loss reaches your limit. A magic-number filter governs which positions are managed (all, one specific EA, or only manual trades). Every value is an external input. Works on any symbol and timeframe. Compiled with 0 errors and 0 warnings. No DLL calls, no time or account limitations.
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Risk Manager Trade Panel is an on-chart tool that helps you size and manage trades with one click. Set your risk per trade as a percentage (for example 0.5%, 1% or 2%) and the panel instantly shows the correct lot size for your stop distance, taking your symbol's tick value and 3/5-digit pricing into account. One-click actions: Move the open position to breakeven (with a spread-safe offset). Close 50% of the position (partial close). Close the whole position. The tool does not open trades automa
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Trade Governor
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Trade Governor enforces trading discipline on manual trades or trades opened by another EA. It does not open trades and makes no market prediction - it is a pure risk-governor layer that protects your account with three rules. Rules it enforces: - Trading-session window: positions held outside your allowed server-time window are closed (for example, keep only the Asian session). - Max trades per day: positions beyond your daily limit are closed (newest first); the counter resets each broker day
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Position Guard
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Position Guard automatically manages your open positions on MetaTrader 5. It does not open trades and makes no market prediction - it is a money- and risk-management layer on top of manual trades or trades opened by another EA. Features: - Breakeven: move the stop to entry (with a spread-safe offset) after a set profit in pips. - Staged partial close: take partial profit at up to three configurable profit levels. - Trailing stop: starts after a set distance, then trails with a configurable step.
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