Manual Trade and Risk Manager Pro MT5

  • Utilities
  • Mehran Houshmand
    Mehran Houshmand
    • MT5 trade management, risk management and prop firm trading tools at  MH Digital Lab
    • Germany
    • 215
    MH Digital Lab develops software and trading utilities for MetaTrader 5, with a focus on manual trade management, risk management, prop firm trading workflows, funded trader tools and practical trading interfaces. Our goal is to build reliable tools that solve real workflow and risk-control problems
  • Version: 1.10
  • Activations: 10

Manual Trade and Risk Manager Pro MT5 is an MT5 manual Trade Manager and Prop Firm Risk Manager for discretionary traders who need disciplined account risk control. Use it as an MT5 risk management tool and manual trading panel MT5 when you trade your own strategy, a prop firm challenge, an evaluation account, or a funded account. It combines MT5 position size calculation, drawdown protection MT5 monitors, and a trade execution panel MT5 so you can size, check limits, then execute manually. This product is for manual traders, prop firm traders, funded traders, challenge and evaluation account traders, day traders, scalpers, and swing traders who want clearer risk discipline before and after a click. IMPORTANT: This utility is not an automated trading robot. It does not choose BUY or SELL direction and does not open or modify orders from signals or indicators. Every order, stop change, partial close, break-even move, or emergency flatten happens only when you click the panel. Prop firm rules differ by company, program, account type, and reset schedule. MTRM Pro does not guarantee challenge results, funded-account outcomes, or compliance with every prop firm. Configure daily loss, maximum drawdown, and reset timing to match your current program rules, and verify those rules yourself. --- What problem it solves Manual trading often fails from process gaps rather than from a missing signal: accidental oversizing, daily loss breaches, maximum drawdown breaches, unmanaged open risk, pending-order exposure, trading without a stop loss, inconsistent lot sizing, and weak challenge or funded-account risk discipline. MTRM Pro adds configurable guardrails. It calculates lot size, shows account and portfolio risk, evaluates your personal and prop-style limits, and can warn or block execution when a planned trade exceeds the rules you set. Protection depends on correct configuration and disciplined use - not on promises. --- Core features Position sizing & MT5 lot size calculator - Risk % of equity or balance - Fixed cash risk - Fixed lot override - Commission-aware MT5 lot-size calculation - Broker min/max/step volume normalization - Works across Forex, metals, indices, crypto, and commodities using tick mathematics Visual planning & execution - Draggable Entry / SL / TP lines on the chart - Live recalculation of lot, cash risk, and R:R - Market and pending orders (Buy/Sell Limit and Stop from line placement) - Multiple take profit MT5 modes: single, dual, or triple TP with volume conservation - Break Even with configurable offset - Partial close presets (25% / 33% / 50% / 75%) - Selective close controls and pending-order management Account & portfolio risk - Daily drawdown manager and daily loss limit monitoring - Maximum drawdown protection (static or trailing models) - Account-wide open risk and pending-order risk awareness - Unprotected / no-SL position detection - Maximum Safe Lot from remaining risk budget - Pre-trade compliance gate with Safe / Warning / Block result - Emergency Flatten for the active symbol (modal confirmation when enabled) - Personal risk limits and Rule Clock (configurable UTC day-start anchor) - Netting- and hedging-aware behavior Interface modes - Quick Mode - compact MT5 trade manager for fast discretionary work - Advanced Risk Dashboard - drawdown, Multi-TP, portfolio risk, and prop monitors - Minimized Mode - small status bar that keeps the chart clear --- For Prop Firm and Funded Traders MTRM Pro is built as a prop firm trading tool and funded trader risk manager you configure yourself. Use it as a prop firm challenge risk manager or evaluation account risk manager by setting: - daily loss limit / daily drawdown - maximum drawdown / trailing drawdown - Rule Clock reset hour for your program day - personal risk per trade - optional execution lock when limits are reached These controls support prop trading risk management for challenge accounts and funded accounts. They are mathematical monitors and gates based on your inputs. They are not an endorsement, partnership, certification, or affiliation with any prop firm, and they do not replace reading your current rulebook. --- Workflow Plan trade Set SL and TP Choose risk Calculate lot Check account risk Evaluate prop/risk limits Show Safe / Warning / Block Execute manually Manage position (BE, partial close, Multi-TP, Emergency Flatten). --- Who it is for - Prop firm traders and funded traders - Challenge / evaluation account traders - Day traders, scalpers, and swing traders - Manual / discretionary traders who want an MT5 manual trade manager with clear risk math --- Key parameters - InpMagicNumber, InpOrderComment, InpSlippagePoints - InpDefaultRiskMode (Percentage / Cash / Fixed Lot), InpDefaultRiskBase, InpCommissionPerLot - InpPropMode (Disabled / Monitor Only / Lock Trading) - InpDrawdownModel (Static Balance / Trailing Equity) - InpRuleResetUtcHour, InpMaxDailyLossPct, InpMaxOverallLossPct - InpRequireConfirmation, InpDefaultBEOffsetPoints --- Important note MTRM Pro is not a signal provider. You remain responsible for strategy, direction, timing, and for matching tool settings to your broker and prop program rules. Native MQL5 only - no DLLs and no external web requests. --- Help Shape Future Versions MH Digital Lab wants MTRM Pro to evolve from real trader workflows. Your feedback helps guide future versions of MTRM Pro. If you use the product, share your experience, feature requests, and bug reports in the product comments or through MQL5 messages. If MTRM Pro is useful in your trading workflow, an honest review is also appreciated. --- FAQ Q: Does this EA trade automatically? A: No. It is a manual trading panel MT5. Actions run only when you click. Q: Can I use it on a prop firm challenge or funded account? A: Yes, as a configurable funded account risk manager / challenge account risk manager. Set daily and maximum drawdown rules to match your program. Rules change by firm and account type - always verify your current terms. Q: Does it guarantee I will pass a challenge or stay funded? A: No. It provides sizing, monitors, and optional locks based on the limits you configure. Results depend on your trading and your configuration. Q: Does it support Gold and indices? A: Yes. Tick math covers FX, metals, indices, crypto, and commodities. Q: Are DLLs required? A: No. Pure native MQL5.

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