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Risk Manager MT4 FREE

If you like the program, please give vote👍 and write a review.

It's a FREE Version of advisor Risk Manager MT4

Advisor Risk Manager for MT4, a very important and in my opinion necessary program for each trader.


With the help of this advisor you can control the overall risk on your trading account. The control can be carried out both in the marginal money equivalent of the maximum losses on the account, and in% interest.

To work with the adviser, simply attach it to the chart of the currency pair and set the maximum permissible risk values ​​in the deposit currency or in% of the current balance.

Advantage Advisor Risk Manager for MT4:

Control the risk of all manual transactions in the account

Risk control of all advisors in the account

Automatic stop of trading and order removal

Convenient information panel with indicators of current and maximum drawdown / profit on the account


Differences from the full version:
  • no function Loss limit in $
  • no control closing in $ function
  • no function Profit limit in $
  • no Trading Account Number feature
  • no function Close All Charts

If you like the advisor, you can buy a version with advanced functionality Risk Manager MT4

Description of settings


Profit percentage - the size of the maximum profit for all open positions, after which the adviser will record the profit and close the order.

Loss percentage - the size of the maximum loss for all open positions, after reaching which the adviser will fix the loss and close the order.

Loss limit in $ - the limit size of the maximum profit in the currency of your deposit on the achievement of which the adviser will record the profit and close the orders.

Profit limit in $ - the marginal amount of the maximum loss in the currency of your deposit on the achievement of which the adviser will fix the loss and close the order.

Control closing by percentage true / false - if true, the expert will control positions only by% balance change, controls the indicator Profit / Loss percentage.

Control closing in $ true / false - if true is selected, the adviser will control the positions by the indicators Loss / Profit limit in $, respectively, the control will be carried out in the deposit currency.

Close market orders true / false - if true is selected, orders are deleted if the risk is exceeded.

Delete pending orders true / false - if true is selected, pending orders are deleted if the risk is exceeded.


Close All Charts true / false - if true is selected, if you exceed the risk, all the charts in the terminal are closed, which indicates that it is time to pause the trade.

Show panel true / false - show / hide the information panel.

Trading Account Number - the account number on which the panel should work, if 0, then it works on any account.

Use sound signal true / false - use sound notification of risk management exceeding.

Allowable Slippage - allowable slippage.

Number of closing attempts - the number of attempts to close positions.

Pause after error in seconds - pause before a new attempt to close an order.


You can also download my other products:

Description  MetaTrader 4 MetaTrader 5
⭐️ Best FREE trading panel EasyTradePad EasyTradePad EasyTradePad
Trading robot, Strategy - “buy cheaper, sell more expensive” PUMP AND DUMP PUMP AND DUMP
Trend trading advisor, with stops  LONG TERM STRATEGY LONG TERM STRATEGY
Really working indicator iPump iPump Indicator iPump Indicator
Pro version Pump and Dump Pump and Dump PRO Pump and Dump PRO

All my programs on mql5.com от SeniorTrader

#tags  Risk Manager MT4, Risk Manager, Risk controller, Риск менеджер, Риск контроллер, Риск менеджер МТ4


Comentarios 4
mntiwana
5049
mntiwana 2020.11.23 14:54 
 

Sergei Lanin Not only interesting but fantastic too,hope for more innovative additions gradually regards

Apostolos Petrakis
858
Apostolos Petrakis 2020.07.03 11:00 
 

Very usefull tool for money management. Thank you!

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Charts Synchronizer
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The "Chart synchronization" utility (the SynchronizeCharts indicator) can help traders in simultaneous trading on multiple financial instruments, as it automatically scrolls all or selected charts of the terminal according to the position of the master chart.  Four charts are shown in the screenshot 1. The EURUSD chart is the master chart, as the SynchronizeCharts indicator is attached to it. As a result, the other three charts are displayed on the timeline starting from 2017.02.17 23:15. Any fu
50 USD
Synchronized Charts mt4
Jinsong Zhang
The Synchronized Charts script allows comparing bars of different symbols or different periods of the same symbol. Attach the script to a chart and move bars or change the scale, all opened chart will move synchronously with the current one. The bars on different charts aligned to the border according to their open time. Please be sure the relevant history datas have been downloaded before synchronize charts. The free demo version is:  https://www.mql5.com/en/market/product/31242
30 USD
ST Chart Synchronization MT4
Irek Gilmutdinov
This utility ensures a real-time synchronization of multiple charts. Any event of a graphical object creation/modification/deletion, chart scrolling and zooming is copied from the current source chart to one or more receiving charts. Note: demo-version of this product doesn't work in the backtester! ______________________________________________________________ Settings: Synchronize with - select the receivers: Same symbol - all charts with the same symbol; Same symbol - all charts with the same
30 USD
VisualInfoMove
Vitaly Muzichenko
Automatic lot calculation per stop level: calculates the lot considering the risk. It is possible to enter a percentage of the deposit and set the line to the planned stop level. As a result, the lot for entry will be calculated. Also, the TakeProfit level will be calculated taking into account the profit/loss ratio, and their profit/loss in the deposit currency. Thus, the final result of the trade can be seen, which is an integral part of successful trading. Features The indicator displays th
30 USD
Lot signal multiplier
Alexander Konovalov
Are you copying trades from a good МТ4 signal? Then, a lot size of 0.01 is probably not sufficient for you. This utility will create additional orders with the specified lot size ( Multiplier ), copy the TP and SL of the source. For convenience, there is an additional parameter ( Signal comment ) for filtering by the comment-name of the signal. Parameters Multiplier - lot size of new orders. One more order with the specified lot size will be opened in addition to the signal's order; Signal com
10 USD
Position Sizer
Sergio D. Rocha
PositionSizer es un indicador que le ayudará a saber cuantos lotes necesita abrir para tener una posición que arriesgue un porcentaje  establecido de su cuenta. Para usarlo solo agrege el indicador al gráfico y cuando desee saber el tamaño de la posición, si desea hacer los calculos para una compra pulse Shift B (de Buy) y si desea hacer los cálculos para una venta pulse shift S (de Sell)  3 arrows de precio aparecerán en su gráfico, una azul que representa el punto donde desearía entrar al merc
12 USD
Sniper
Anton Zavialov
This is an assistant Expert Advisor designed for semi-automated trading based on the trading system "Sniper" by P.Dmitriev. The EA is based on the well-known free Expert Advisor "Sniper" by D.E.Kolosov. ( http://forum.tradelikeapro.ru/index.php?topic=5852.0 ) The "Buy" button opens a Buy order (or two orders if "Safe" is used). The "Sell" button opens a Sell order (or two orders if "Safe" is used). The "CloseAll" button closes all positions. The "Acceleration" button opens a "booster" order. Sig
10 USD
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Ahmed Sarıkaya
1645
Ahmed Sarıkaya 2019.04.09 15:44 
 

El usuario no ha dejado ningún comentario para su valoración

konstantge
25
konstantge 2019.04.20 15:10 
 

El usuario no ha dejado ningún comentario para su valoración

Apostolos Petrakis
858
Apostolos Petrakis 2020.07.03 11:00 
 

Very usefull tool for money management. Thank you!

mntiwana
5049
mntiwana 2020.11.23 14:54 
 

Sergei Lanin Not only interesting but fantastic too,hope for more innovative additions gradually regards

Sergei Lanin
10478
Respuesta del desarrollador Sergei Lanin 2020.11.24 11:03
Thank you very much mntiwana! For your opinion what functions do you think this risk manager also needed?
Also rate my other app available for free study, this tool can help you learn how to correctly calculate risks and place any type of orders https://www.mql5.com/en/market/product/54895
Respuesta al comentario
Versión 1.71 2020.11.23
Indicated in the info panel that the calculation of the "Current profit" indicator shows the current loss / profit in % of your deposit
Versión 1.7 2020.07.13
improved code