RiskManagementIndicator
- Indicators
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Juan Camilo Meza Novoa
Colombian trader and developer. I design trading panels for MetaTrader 5 focused on speed and operational comfort: one-click buy/sell, partial closes, automatic break even, and integrated risk management. Always looking to simplify manual trading without losing control. - Version: 1.0
- Activations: 5
Risk Management Indicator plots two horizontal lines directly on the price chart so you can see, in real time, how far the market is from your loss limit.
- Stop Out Line: shows the exact price at which your account equity would reach 0.00 if the market keeps moving against you.
- Custom Drawdown Line: set how many dollars you're willing to lose (e.g. $500) and the indicator draws the price level where that loss would be reached.
- Both lines refresh automatically every few milliseconds, no new candle required.
- Fully customizable colors, width, and line style via input parameters.
- Lightweight: no separate window, drawn straight onto the main chart.
⚠️ Note: the values shown are an estimate based on the current symbol's open position; they do not replace your broker's official calculation.
