AlgoFX Risk Panel

AlgoFX Risk Panel removes the manual math from every trade.

How it works

  1. Enter your risk (% of balance, % of equity, or a fixed amount).
  2. Enter the stop loss in points, or click "Show SL/TP lines" and drag the SL line on the chart.
  3. Set reward:risk, or drag the TP line.
  4. Click BUY or SELL. The lot size, SL and TP are applied automatically.

Features

  • Exact lot calculation using the broker's own contract data (works on forex, gold, indices, crypto CFDs)
  • Respects minimum/maximum lot, lot step, stop level and free margin
  • Draggable SL and TP lines; the setup direction follows the SL line
  • Shows lot, risk in money and %, reward, and open P/L for the symbol
  • Breakeven button for all positions on the symbol
  • Close all button with a confirm click
  • Clean dark chart theme; your original chart colors are restored when the panel is removed
  • Scales correctly on high-DPI screens

Inputs

  • Risk mode and value
  • Default stop loss (points) and reward:risk
  • Magic number, max deviation, order comment
  • Apply chart theme on/off, panel position

Notes

  • Commission is not included in the risk calculation; on commission accounts the real risk is slightly higher.
  • In the Strategy Tester (non-visual) the panel places occasional demo trades so the calculation engine can be checked. On a live chart it never trades unless you click a button.

Feedback and feature requests are welcome in the comments.

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