Zikiman Risk Panel Standard MT4
- Utilities
- Version: 1.3
# Zikiman Risk Panel Standard MT4
**Zikiman Risk Panel Standard MT4 is a lightweight MT4 trade panel and position size calculator for manual traders.** It calculates lot size from your selected money risk in account currency, risk percentage or fixed lot, while allowing you to visually set Stop Loss and Take Profit and place Market, Limit and Stop orders directly from the chart.
Risk Panel Standard is designed for discretionary traders who choose their own entries. It does not generate trading signals and does not decide when to trade.
## Risk-Based Position Sizing
Choose one of three sizing methods:
- **Fixed Money Risk (USD on USD accounts)** — enter the amount of account currency you want to risk.
- **Risk Percentage** — enter the percentage of your account balance you want to risk.
- **Fixed Lot** — enter your preferred trading volume manually.
When using money or percentage risk, the panel calculates the required lot size from the selected trade price and Stop Loss distance.
The calculated volume is aligned with the broker's minimum lot, maximum lot and volume step.
Before sending an order, review the estimated loss, potential reward and reward-to-risk ratio. An optional estimated round-trip commission per lot can be included in risk and deducted from reward; the default is zero. Swap, price gaps and final execution slippage are not included in the estimates.
## Visual Trade Planning
Move the **Stop Loss** and **Take Profit** lines directly on the MT4 chart.
As the planned prices or market quote change, Risk Panel Standard updates the lot size and risk calculation automatically.
For pending orders, the planned entry price can also be adjusted for the selected Limit or Stop order.
## Manual Order Entry
Risk Panel Standard supports:
- Buy Market
- Sell Market
- Buy Limit
- Sell Limit
- Buy Stop
- Sell Stop
- Stop Loss
- Take Profit
Selecting **Buy, Sell, Market, Limit or Stop** changes the trade plan without immediately sending an order.
The trade is submitted only when you press the main order button.
## Simple On-Chart Trading Panel
The compact interface keeps the essential manual trading controls directly on the chart:
- Buy / Sell
- Market / Limit / Stop
- Money Risk / % Risk / Fixed Lot
- Calculated Lot Size
- Stop Loss
- Take Profit
- Estimated Risk
- Risk-to-Reward information
The goal is simple:
**Choose the trade → Set the risk → Adjust SL and TP → Review the lot size → Place the order.**
## Compatibility
Zikiman Risk Panel Standard MT4 is intended for MetaTrader 4 and can be used on Forex, Gold, metals, indices, commodities and crypto symbols when the broker provides the required trading and contract properties.
It runs on any MT4 chart timeframe and places individual market or pending orders with Stop Loss and Take Profit, subject to the broker's trading and execution rules.
Test the panel on a demo account before using it for live trading. Financial trading involves risk, and calculated values can differ from the final result because of execution conditions.
**Zikiman Risk Panel Standard MT4 — Trade Smarter. Stay in Control.**
