Risk Exposure Dashboard MT5
- Indicators
- Version: 1.0
- Activations: 10
If every stop loss is hit right now, how much do you lose? Risk Exposure Dashboard shows your real risk on the chart: per symbol and in total, in money and in % of balance, plus your risk by currency. Trades without stop loss are shown in red, and you get an alert when the total risk is bigger than your limit.
With three or four trades open on EURUSD, GBPUSD and gold, it is very hard to know the real risk. Most of them are against the US dollar, so one news can hit all of them at the same time. This dashboard adds everything up for you, every second.
WHAT IT SHOWS
- Per symbol: buy and sell lots, open P/L, the result if the stop loss is hit, and that result in % of balance.
- Total: all trades together. You see at once if you risk 1 % or 10 % of your account.
- Risk by currency: the risk grouped by currency (USD, EUR, GBP, XAU...), because a symbol has two currencies.
- No stop loss: a trade without stop loss is shown in red with "no limit", because its loss is not limited.
- Stops in profit: a stop above the entry (buy) or below the entry (sell) shows the profit it locks, in green.
- Pending orders: optional, the risk of pending orders if they open.
STATUS AND ALERTS
- RISK OK: the total risk is under your limit.
- RISK TOO HIGH: the total risk is over your limit (5 % of balance by default).
- TRADE WITHOUT STOP LOSS: at least one trade has no stop loss.
- NO RISK: all stops are at break even or in profit.
- Alert popup and push notification to your phone. One alert per problem, not a flood.
FEATURES
- All symbols, or only the chart symbol.
- All trades, manual trades only, or the trades of one EA (magic number).
- Biggest risk first. Numbers aligned in columns, risk in red, locked profit in green.
- Any chart corner, any position, font size from 7 to 16.
- Read-only: it never opens, changes or closes a trade. Safe on any account, also on prop firm accounts.
INSTALLATION
- Drag Risk Exposure Dashboard MT5 onto any chart (any symbol, any timeframe). One chart shows the whole account.
- In the Inputs tab, choose your risk limit in % and the alerts. Click OK.
NOTES
- The result at the stop loss is measured from the open price of the trade, and includes the swap of open trades. Commission is not included.
- The real result can be a little different because of spread and slippage when the stop loss is hit.
- To limit the risk automatically, see Prop Firm Rules Guard MT5 from the same author.
Questions or ideas? Send me a private message on MQL5. If the dashboard helps you, a short review is very welcome.
