Exact Risk Manager

Exact Risk Manager does one job: it sizes and manages the trades you decide to take. Click BUY or SELL; the lot is sized so the stop-loss risks the percentage of equity you chose.

  • Risk-based lot size. Set the risk (% of equity) and the stop (points). The panel shows the lot and the real money at risk before you click. The lot is always rounded down to the broker's step, so the risk never exceeds what you set. If even the minimum lot would risk more than you asked, it does not enter.
  • SL and TP in R. Take profit as a multiple of the stop (for example 2R).
  • Break-even. Moves the stop to entry (plus an optional lock) after the profit you choose. It never moves a stop backwards.
  • Trailing stop. Starts after a profit you choose, follows at a fixed distance in minimum steps.
  • Partial close. Closes a percentage of the position once, at a profit you choose.
  • Daily loss limit. Blocks new entries when equity falls by the % you set since the start of the day (optionally closes everything). Survives terminal restarts.
  • Checks before sending. Broker minimum stop distance and free margin.
  • Panel buttons: BUY, SELL, CLOSE ALL.
  • Strategy Tester demo. Nobody can click in the Strategy Tester, so there (and only there) it opens a demo trade every N bars, alternating buy and sell, to show the sizing and the management. The input "Tester demo" turns it off. It never runs on a live or demo account.

What it is not. It is not a trading strategy, not a signal service and not financial advice. It does not open positions by itself outside the Strategy Tester. It cannot make a trade profitable. Trading leveraged products involves a high risk of loss; test on a demo account first.

Inputs: risk %, stop points, RR, deviation, magic number, break-even (on/trigger/lock), trailing (on/start/distance/step), partial close (on/at/%), daily loss % and close-at-limit, manage-other-magic-numbers, tester demo (on/every N bars).

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