RiskGuard MT4

RiskGuard protects your account while you trade manually. It enforces the rules you set, so a bad day cannot turn into a blown account.

Account limits
- Maximum daily loss (percent of the start-of-day balance, closed and open trades together).
- Optional profit target: when reached, all positions are closed and trading stops for the day.
- When a limit is reached the account is locked until the next day: any new position is closed immediately.

Discipline
- Maximum number of trades per day.
- Maximum consecutive losses.
- Cooldown pause after a losing trade: positions opened during the pause are closed.

Position control
- Maximum risk per trade: if you open a lot that is too large, only the excess is closed (or the whole position, if you prefer).
- Mandatory stop loss: positions without a stop loss are closed after a grace period you choose.

On lock
- Close open positions and delete pending orders.
- Push notifications to your phone.

Ideal for prop-firm challenges: set the limits with a safety margin below the firm's rules.

Important
- RiskGuard does not open trades by itself.
- In the Strategy Tester there is no manual trader, so the EA opens minimum-lot demonstration trades (comment "Riskly demo") to show how the protection works. This can be disabled with the input "Strategy Tester: open demonstration trades". On a live or demo account it never opens trades on its own.
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Gabriele Liberto
RisklyCopy copies trades from a master account to one or more receiving accounts running on the same computer or VPS. It works between MT5 terminals, between MT4 terminals, and between MT4 and MT5, also with different brokers. How it works - Attach RisklyCopy in SEND mode on the master account and in RECEIVE mode on each receiving account, using the same channel name. - New trades, stop loss and take profit changes, partial closes and closes are copied. Lot calculation on the receiving accoun
RisklyTrailing turns one manual entry into a group of positions without take profit and manages each of them with a step stop, so the first positions lock profit early and the last ones stay in the market for long moves. How it works - Open a position manually: RisklyTrailing opens the additional positions you choose, all with the same stop loss and no take profit. - After a set profit, all positions move to break-even (with a small margin beyond the entry). - Step stop: at +1 step the first p
RisklyScalen
Gabriele Liberto
ScaleIn splits one manual entry into several positions. Open a trade as usual: ScaleIn adds the extra positions you choose, each with its own take profit, while keeping the total risk of the whole trade under control. Positions to open - Number of additional positions. - Same volume as your original trade, or custom volumes for each position. Entries - Market orders (all positions open immediately), or pending orders placed at a set distance between levels. Stop loss and take profit - Stop l
TradeManager manages the positions you open manually, so every trade gets a stop loss, a take profit, break-even and trailing without you having to watch the chart. Stop loss and take profit - Adds a stop loss and a take profit to any position that does not have them. Break-even - Moves the stop loss to break-even after a set profit, with a small margin beyond the entry. Trailing stop - Starts trailing after a set profit, at the distance you choose. - Updates the stop only every N pips, to a
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