Risk Monitor Ultimate
- Utilities
-
Mahmut Aytemis
I develop algorithmic trading systems and Expert Advisors for MetaTrader 5, with a particular focus on index markets. - Version: 1.0
See the daily loss limit, maximum loss limit and profit target of your account live, with prop firm presets, and get an alert before a limit is reached.
Description:
Risk Monitor Ultimate shows the daily loss limit, maximum loss limit and profit target of your account on the chart, including prop firm rules, and warns you before you break them. It never opens or closes trades.
What you see
- Today's result including open positions, and how much more can be lost today
- Total result since the start, and the room left before the maximum loss limit
- Profit target and how much is still needed
- Open positions: what you lose in total if every stop loss is hit
- A warning for positions without a stop loss
Ready-made rules
FTMO (2-Step Challenge, Verification, FTMO Account, 1-Step), FundedNext and FundingPips programmes, or your own custom rules (daily %, maximum %, static or trailing, profit target, the firm's day start time).
Alerts
- Alerts at 50%, 75% and 90% of the loss allowance (your own levels, up to 5)
- Phone push notifications (MetaQuotes ID) and terminal alerts
- Quiet time so the same level is not repeated
How to use
Attach to any chart of the account, choose your firm and programme, enter the initial balance. One instance per account is enough.
Want automatic protection?
This tool only watches and alerts. Risk Manager Ultimate - Prop Firm Guard closes everything when a limit is reached, locks the account for the rest of the day, handles news windows and can send Telegram alerts: https://www.mql5.com/en/market/product/200826
Always compare the preset with the current rules of your firm. Gaps and fast markets can move beyond a limit.
