Risk Calculator for MT5
- Utilities
-
Van Bach Cao
I'm a trader and systems engineer with 6+ years of hands-on experience in the ICT (Inner Circle Trader) methodology, currently trading funded prop firm accounts. I understand trading systems from the inside — because I build the tools I use in my own trading, not generic scripts written from a spec - Version: 2.20
- Activations: 5
RiskCalculator turns manual position sizing into a single click.
Type your Stop Loss and your risk tolerance — RiskCalculator instantly
calculates the exact lot size for your account, then lets you send the
order (Market, Limit or Stop, either direction) straight from the chart
panel, with Take Profit and Risk:Reward calculated automatically.
Every number comes from your broker's real symbol specification — tick
value, tick size, contract size, volume step, stop level, margin — never
hard-coded. That's why it works correctly on Forex, Gold, Indices and
CFDs, on any broker, in any account currency, without any per-symbol
setup.
RiskCalculator never trades on its own. It only sends an order when you
press Execute, after reviewing a live preview and an optional confirmation
dialog. Every validation failure is explained in plain English right on
the panel, so you always know exactly why a trade was blocked — before
you even try to send it.
——— KEY FEATURES ———
✔ Risk % or a fixed Risk $ amount — your choice
✔ Risk calculated against Balance or Equity — your choice
✔ 6 order types from one panel: Market / Limit / Stop × Buy / Sell
✔ Automatic Take Profit from a target Risk:Reward ratio (or the reverse:
enter TP, see the resulting R:R)
✔ Full pre-trade validation — entry-vs-market rules, SL/TP direction,
broker stop-level distance, symbol trading permissions
✔ Draggable panel that remembers its position per chart
✔ Risk settings, Risk Basis and Magic Number shared automatically across
every chart you use the EA on — no need to re-enter them
✔ Configurable pending-order expiration: GTC / Today / Custom
✔ Custom Comment and Magic Number per order
✔ Full order log with ticket number — or the exact broker rejection
reason if an order fails
✔ Clean, modern dark UI that stays out of the way of your chart
✔ Works out of the box on Forex, Gold (XAUUSD), Indices (US100/NAS100,
US30, SPX500...) and CFDs
✔ No DLLs, no external license server, no internet dependency
——— REQUIREMENTS ———
• MetaTrader 5 (build 3800+) or MetaTrader 4 (build 600+)
• The symbol you want to trade added to Market Watch
• AutoTrading / Algo Trading enabled to place orders (the calculator
itself works without it)
• No VPS required — RiskCalculator is a manual trade-assistant tool, not
a 24/7 automated strategy
——— FREQUENTLY ASKED QUESTIONS ———
Does RiskCalculator trade automatically?
No. It never opens, modifies or closes a position unless you press
Execute yourself.
Will it work on my broker / my symbol?
Yes — as long as the symbol is in your Market Watch. RiskCalculator reads
tick size, tick value, contract size, volume limits and stop level
directly from your broker.
Can I risk a fixed dollar amount instead of a percentage?
Yes — toggle Risk % / Risk $ at any time.
What happens if my calculated lot is below the broker minimum?
RiskCalculator refuses to round it up (that would mean risking more than
you asked for) — it blocks the trade and tells you exactly why.
Does it work with prop-firm accounts?
Yes, on any standard MT5/MT4 account. It does not currently include
prop-firm-specific daily-loss or drawdown limits.
Can I move the panel?
Yes — drag the title bar anywhere on the chart; its position is
remembered per symbol and timeframe.
——— DISCLAIMER ———
RiskCalculator is a position-sizing and order-entry tool. It does not
provide financial, investment or trading advice, and does not guarantee
profits or protection against losses. Trading leveraged financial
instruments carries a high level of risk and may not be suitable for all
investors. You are solely responsible for every order sent using this
tool. Always test on a demo account first.
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SUGGESTED PRICE
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$30 USD (one-time). See Product_Listing.md for the reasoning and launch-
discount suggestion.
