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Risk Manager Pro MT4

Risk Manager Pro is a simple utility that calculates the necessary lots with the risk percentage and the pips of stop loss, before opening positions.

The web calculators can be useful in some cases but they are not efficient to open operations in real time. In the trading days, there are few opportunities to open positions and when the opportunity arises, the seconds make the difference. This is not possible with conventional web calculators, since to calculate the size of an operation regarding to the position of the stop loss, you must enter several data. These actions can take quite some time.

Risk Manager Pro utility trades on all currency pairs using only instant execution orders. All pairs of “Market Watch” window must be shown through right click and then show all.

The lots are calculated automatically when the percentage of risk and pips of stop loss are entered. The take profit is optional.

Important data are calculated in real time, for example – the required margin, total lots, lots per position and value per pip.

The Risk Manager Pro utility works on all timeframes.


Utility´s Parameters

  1. Balance - shows the account balance the account in real time.
  2. Risk - is the amount you are willing to lose per entry and must be entered as a percentage, for example: 1, 1.2, 2, 3.2,... etc.
  3. Margin - shows the amount that the broker will take as collateral. This required margin is shown in real time.
  4. Lots - shows the total lots and are calculated once the "stop loss" is entered.
  5. Lots/Pos - shows the lots per position and depends of how many operations will be performed. This value is shown in real time.
  6. Value/Pip - shows the value per pip and is calculated once the "stop loss" is setted.
  7. R/B - (risk / benefit) - is calculated according to the position of the "stop loss" and "take profit".
  8. This button shows the price plus the "stop loss" in real time.
  9. This field is to enter the "stop loss" in pips (not points), for example - 1, 20.3, 50, 100.3...etc.
  10. SELL - if this button is clicked, the "stop loss" line will be calculated above the current market price and the "take profit" line will be calculated below the current market price.
  11. BUY - if this button is clicked, the "stop loss" line will be calculated below the current market price and the "take profit" line will be calculated above the current market price.
  12. Leverage - shows the current leverage for the current account, for example - 1:100,1:200,1:1000...etc.
  13. This button shows the price plus the "take profit" in real time.
  14. This field is to enter the "take profit" in pips (not points), for example - 1, 20.3, 50, 100.3...etc.
  15. R- (reset button) - sets "stop loss" and "take profit" fields to zero.
  16. Spread - shows the difference between ask and bid price of the current symbol in real time.
  17. # Positions - This field is to enter the number of positions per entry, for example - 1,3,4...etc.
  18. TRADE - executes the orders.
  19. CLOSE ALL - closes all positions one by one.
  20. Contract Size - shows the lot size for the account - 100.000 means standard-account, 10.000 means mini- account and 1.000 means micro-account.

See the attached screenshots for a more detailed view.

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This is a professional trades copier with easy to use interface and fast rock solid execution. It has some unique functionality which is missing in other trades copiers (see details below). It can copy trades between both MT4 and MT5 terminals in any combinations. Supports "One to Many" and "Many to One" copying modes. This product can not be tested in strategy tester. Please, download demo version here:  https://www.mql5.com/en/market/product/36141 Version for MetaTrader5 is available here:
99 USD
Auto Trade Driver
Vu Trung Kien
Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules. This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time. With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy you
99 USD
Active Lines for MT4
Yury Kulikov
Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations. Active Lines helps you easily organize various tra
65 USD
Telegram MT4 Bot
Andrea Monni
Telegram MT4 Bot This EA is used to CONNECT Telegram BOT to MT4 and use Telegram in various mode for control MT4, This EA can be used in 3 different mode: As PERSONAL SERVER: use for your personal usage only, see your account, make order, check order...  As SERVER: send message of order you make in your MT4 to a Chat in Telegram As CLIENT: copy order that receive from a Chat in Telegram with one or more of this EA as Server in your MT4 PERSONAL SERVER This mode let you use this EA with a graphi
150 USD
Trade Copier Pro
Vu Trung Kien
Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
149 USD
Market Pressure Dashboard
Chantal Sala
Market Pressure Dashboard is a new generation utility. Its main function is to assist you and give you operational ideas optimizing your analytical work. Using this utility you could monitor a lots of financial instruments (max 28 symbols FOREX) in a very simple way. The Market Pressure indicator allows you to customize the internal list of the symbols to be monitored. The opening function and position management with this panel will be much more comfortable and navigation charts very powerful.
100 USD
Expert A2SR Reader MT4
Yohana Parmi
Guidance at  https://www.mql5.com/en/blogs/post/738504 ✔️ The EA that reads A2SR for automatic trading.  - - This means that - this EA needs  technical analysis A2SR   to work together  in the same chart. No one can code all people's views completely  of  the market into a single program . * where perfection belongs only to God .   * Positive energy of your review is the strength for me to  continue developing , updating   & upgrading  this EA  - Thank you.  + This EA is made with har
98 USD
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Risk Manager Pro
Jhojan Alberto Tobon Monsalve
Risk Manager Pro is a simple utility that calculates the necessary lots with the risk percentage and the pips of stop loss, before opening positions. The web calculators can be useful in some cases but they are not efficient to open operations in real time. In the trading days, there are few opportunities to open positions and when the opportunity arises, the seconds make the difference. This is not possible with conventional web calculators, since to calculate the size of an operation regarding
60 USD
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