Visual Risk Manager Panel

Visual Risk Manager Panel is a trade panel for MetaTrader 5 that puts risk first. You decide how much you accept to lose on a trade, as a percentage of your account or as an amount of money, and the panel computes the lot size, draws the trade on the chart and manages it for you.

Main features

  • Risk in % or in cash. The lot is calculated automatically from your risk and from the stop loss distance. A fixed lot mode is also available: the stop loss is then placed where the loss equals your risk.
  • Take profit in %, in cash or in R (multiple of the risk).
  • Visual and interactive. Entry, stop loss and take profit lines are dragged with a single click. A tag on each line shows the price, the money, the percentage, the points and the reward-to-risk ratio.
  • Market and pending orders. The button shows exactly what will be sent: BUY, SELL, BUY LIMIT, SELL STOP and so on.
  • Break-even and trailing stop, with thresholds in R or in points.
  • Global close. All positions are closed when the total profit or the total loss reaches a percentage or an amount. In daily mode the panel blocks new orders until the next day.
  • Close All button, confirmation before each order, foldable panel.
  • Works on forex, metals, indices and crypto, with any account currency, on netting and hedging accounts.

How to use it

  • Attach the panel to a chart and enable Algo Trading.
  • Type your risk and drag the red line to your stop loss level: the lot is updated instantly.
  • Check the tags, then click the BUY / SELL button.

Inputs

  • Risk: unit (% or cash), value, automatic or fixed lot, basis for percentages (balance or equity).
  • Take profit: unit (%, cash or R) and value (0 = no take profit).
  • Trailing: mode (off, break-even, normal), unit of the thresholds (R or points), break-even trigger and offset, trailing start, distance and step.
  • Global close: on/off, scope (whole account or chart symbol), measured result (floating or day), profit target, loss limit, deletion of pending orders.
  • General: management of manually opened positions, confirmation, maximum slippage, magic number, order comment, panel position.

The panel is an interactive tool: buttons and line dragging need a live chart (demo or real account) and do not work in the Strategy Tester. The panel never opens a trade on its own. It does not predict the market and does not guarantee any profit.

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