Aurum Risk Sentinel

Aurum Risk Sentinel is a risk utility for MetaTrader 5. It watches account equity and selected exposure during a server day. It is not a trading strategy and it does not open trades.

Logic

• Records the start-of-day equity and a running peak equity.
• Calculates the current daily loss and the drawdown from the stored peak.
• Counts the managed open positions.
• Enters a locked state when a configured limit is reached or the managed position count is above its limit.
• When locked, attempts to close matching positions and delete matching pending orders, according to the inputs.
• Saves its state in terminal global variables for the account login and checks the saved values after a restart.
• Shows equity, daily loss, peak drawdown, position count and state on the chart.

Default inputs

• Maximum daily loss: 3.0%
• Maximum peak drawdown: 8.0%
• Maximum open positions: 6
• Close positions when locked: enabled
• Cancel pending orders when locked: enabled
• Magic filter: -1, which manages all magic numbers
• Status prefix: Aurum Sentinel

The limits are inputs. Check them for the account, symbols, broker and operating process before use. Set a magic number in the filter to manage only the positions and orders that carry it.

Important limits

The utility depends on the MetaTrader 5 terminal, account data, trading permissions, broker responses and network access. A close or delete request can be rejected, delayed or filled at a different price. A stopped or disconnected terminal cannot monitor the account. The utility does not prevent losses and does not replace supervision. Use a demo account first. It provides monitoring and order-management actions only, and trading decisions remain with the user.