Risk Basket Planner
- Utilities
-
Mohamed Qosyairy Bin Shamsuddin
Independent MetaTrader 5 developer creating clean and practical trading tools for manual chart analysis and everyday trading workflow. - Version: 1.14
Risk Basket Planner
Risk Basket Planner is a manual basket risk planning utility for MetaTrader 5. It helps traders plan multiple entry levels, define a technical stop loss, and calculate per-layer lot size and actual basket risk before placing trades manually.
Main Features
- Plan from 1 to 5 entry layers.
- Choose BUY or SELL direction.
- Set risk as a percentage of account equity.
- Type or drag L1-L5 entry prices directly on the chart.
- Use a common Technical Stop Loss.
- Auto SL presets: 80%, 100%, and 120%.
- Manual SL mode for exact trader-defined stop placement.
- Automatic recalculation after changes to entry, SL, risk %, direction, or layer count.
- Attempts equal-risk allocation across active layers and shows the actual risk after broker lot rounding.
- Displays per-layer lot size, risk %, risk amount, total lot, target risk, and actual basket risk.
- Shows current spread and spread-to-nearest-SL context.
- Warns when the stop is too close to current spread/broker limits or when minimum lot size prevents the selected risk target.
- Movable widget with minimize, restore, and close controls.
- Designed to work with MT5 symbols using broker contract specifications, including Forex, metals, and CFDs where supported by the broker.
Important
This is a planning tool only. It does not open, modify, or close trades. It does not provide buy/sell signals and does not guarantee that a selected stop loss is technically correct.
The trader decides where to enter and where the setup is invalid. Risk Basket Planner calculates the basket sizing and shows the resulting risk.
If the broker minimum lot or lot step prevents an exact match, the utility shows the actual risk so the trader can adjust the plan.
Inputs
- Default Risk Percent - initial basket risk percentage.
- Default Layers - initial number of active entry layers.
- Panel X - initial horizontal widget position.
- Panel Y - initial vertical widget position.
- Refresh MS - background refresh interval in milliseconds.
Plan your entries. Set your technical stop. Know your basket risk before you trade.
