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Position Risk Tool

FREE

Published: 1 August 2026

Current version: 1.0

Position Risk Tool

Indicators
Herminzo Alejandro Machado Hurtado
Herminzo Alejandro Machado Hurtado
Colombia

318
4 (1)
2 products
Version: 1.0

POSITION RISK TOOL

Risk Management and Visual Positioning for MT5

Position Risk Tool is a professional, interactive indicator designed to simplify lot size calculation and real-time risk management directly on the chart. Forget about manual calculations or complex tables before entering the market.

KEY FEATURES

• Automatic Lot Calculation:

Instantly determine the exact lot size based on your desired risk percentage and Stop Loss distance.

• Interactive Floating Panel:

Modern "Dark UI" style interface that can be dragged and positioned anywhere on the chart.

• Live Risk Editing:

Modify the risk percentage (%) directly via the panel's editable field without opening the indicator's settings.

• Real-Time Metrics:

- Automatically updated Risk/Reward (R/R) ratio.

- Exact profit estimate (+$ USD).

- Exact loss estimate (-$ USD).

- Stop Loss and Take Profit distances displayed in points on the chart.

• Integrated Multilingual Support:

Option to switch the entire interface between Spanish and English using a single parameter.

• Clean Design:

Clear visual zones for displaying profit (TP) and risk (SL) levels.

INPUT PARAMETERS

• Language:

Choose between Spanish (LANG_ES) or English (LANG_EN).

• Account Size:

Leave at 0.0 to automatically detect the current account balance, or enter a custom amount.

• Initial Risk (%):

Base risk percentage per trade (e.g., 1.0 for 1%).

• Customizable Colors:

Customize the colors for profit boxes, loss boxes, and entry lines.

more...

51195831 2026.09.13 10:43 #

This tool is wonderful. If you could add a code to switch it on or off to be able to remove it from chart and bring it back when you need to use it, it could be the best ever. if this function is added during the next update, it will be wonderful

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51195831 2026.09.13 10:43 #

Position Risk Tool

Herminzo Alejandro Machado Hurtado