SignalX Portfolio Heat Meter
- Utilities
- Ahmed Ismail Muhammad Ismail Al Talhat
- Version: 1.0
- Activations: 5
What this is
A trader can believe they risk one percent per trade and still be carrying six percent of their equity in open risk, because six positions are open at once, or far more when some of those positions have no stop at all. This panel adds up the risk carried by every open position across every symbol, measured to its own stop loss, and expresses the total as one percentage of equity, with a per-symbol breakdown and a separate list of positions carrying open-ended risk. It is informational only and never modifies, closes or opens anything.
What it does
Sums the risk carried by every open position across all symbols to its own stop loss and reports it as a percentage of equity, with a per-symbol breakdown and a list of positions carrying no stop.
- A trader can believe they risk 1% per trade and still carry 6% account heat because six positions are open at once, or far more when some have no stop. This makes that visible before it is realised. Informational only: never modifies, closes or opens anything.
- Runs on a single chart; it does not need to be the chart you trade from.
- No DLL calls. No external services. No network requests.
- No account, terminal, symbol or time limitation is embedded.
Inputs
| Input | Type | Default |
|---|---|---|
| InpHeatWarnPct | double | 3.0 |
| InpHeatDangerPct | double | 6.0 |
| InpCountNoStopAsFull | bool | true |
| InpOnlyThisSymbol | bool | false |
| InpShowPanel | bool | true |
| InpPanelX | int | 12 |
| InpPanelY | int | 24 |
| InpMaxRows | int | 6 |
How to use it
- Attach the utility to a chart; it draws itself and needs no other file.
- Set the inputs to match how you read the chart. Defaults are deliberately plain.
- Nothing is sent anywhere: it reads the chart it sits on and writes only to that chart.
- Test on a demo account first. That is not a formality; the defaults are not tuned to your broker.
Notes
- Written for MetaTrader 4, any broker. It uses only standard platform functions; no DLL, no external library.
- Coexists with other tools on the same account; it only touches what you point it at.
- It performs management and measurement only; it does not generate trading signals.
Honest limits
- This is a tool, not a strategy. It does not predict anything and it cannot make a losing method profitable.
- No performance figures are published for it because tools of this kind do not have a meaningful backtest curve of their own.
- If your broker quotes oddly (very wide spreads, non-standard tick values) verify the sizing on a demo account before using real funds.
Trading involves risk of loss. Nothing here is financial advice.
