RiskManager

5

The Expert Advisor is a risk manager helping users to control their trading. In the settings, it is possible to specify the parameters at which the risk manager force closes the opened trades and closes the terminal as well, if it is needed to prevent opening trades on emotions, which do not correspond to the trading strategy.

Risk Manager settings

  • Check limit to close - check the equity limit
  • Limit to close (account currency) - equity limit that is checked when Check limit to close is active
  • Check day limit to close - check the maximum daily loss limit
  • Type of limit:
    • SimpleLimit - simple limit that is calculated as the maximum drawdown per day (e.g. if the Check day limit to close is set to 10$ and the starting balance for the day was 100$ and during the day it went to 130$, the Risk Manager will close all the positions only when the equity goes as low as 90$ (100$-10$))
    • TrailingLimit - trailing limit that is calculated from the maximum profit per day (e.g. if the Check day limit to close is set to 100$ and the balance at the beginning of the day was equal to 1000$ and during the day it went as high as 1300$, the Risk Manager will close all the positions only when the equity goes as low as 1200$ (1300$-100$))
  • Day limit to lose (account currency) - the maximum daily loss limit
  • Check max drawdown percentage per day - check the maximum daily drawdown percentage
  • Max drawdown per day (percent) - the maximum daily drawdown percentage
  • Check max profit percentage per day - check the maximum daily profit percentage
  • Max profit per day (percent) - the maximum daily profit percentage
  • Check max loss per trade -  check the maximum Loss of a single trade in account currency
  • Max loss per trade (account currency) - the maximum Loss value of a single trade in account currency
  • Check max loss percentage per trade -  check the maximum Loss percentage of a single trade in percentage
  • Max loss per trade (percentage) - the maximum Loss value of a single trade in percentage
  • Check week limit to close - check the maximum weekly loss limit
  • Week limit to lose (account currency) - the maximum weekly loss limit
  • Check max profit per day limit - use daily profit limit
  • Profit day limit to close (account currency) - daily profit to close all trades
  • Check max amount of day trades - check the maximum number of trades per day
  • Max amount of day trades - the maximum number of trades per day
  • Check max losses per day - check the maximum number of losing trades per day
  • Max amount of losses per day - the maximum number of losing trades per day
  • Check max losses in a row - check the maximum number of losing trades in a row
  • Max amount of losses in a row - the maximum number of losing trades in a row
  • Check only orders without Magic - check only the orders that are opened without a magic number (that is often used in other EAs)
  • Check max opened orders amount - check the maximum allowed number of open orders
  • Max opened orders amount - the maximum allowed number of open orders
  • Close opened orders to fit the limit (not all) - close the remainder of opened orders to make it equal to Max opened orders amount
  • Anti Grid - enable the protection against adding to losing positions
  • Max orders in one direction of grid - the maximum allowed number of trades allowed to be added to losing trades
  • Take into calculation the running/opened positions - taking into calculation of the risk manager the opened positions (beside the closed ones)
  • Count broker's commission - take broker's commission into account
  • Count Swaps - consider swaps in calculations
  • Close terminal after limit overrun - close the terminal if one of the above limits is reached
  • Turn on info - show the information about the risk manager settings
  • Close terminal immediately - either immediate closure of the terminal after checking all the rules or closure with a minute delay
  • Close chart with other EA after limit overrun - close the chart with some other EA when the limit is overrun so it will not be able to trade
  • Chart with symbols that will be closed after limit overrun - the symbol name the charts on which will be closed by Risk Manager
  • Seconds before close - the number of seconds before the terminal closes in case of the rules violation
  • Send PUSH notifications - send PUSH notifications when event triggered


Avis 5
AGG.
119
AGG. 2025.03.23 01:47 
 

The Best of it's kind

Enrico Amato
23
Enrico Amato 2025.01.16 21:10 
 

Been using this with lots of success but I have now ran out of 'activations' due to switching VPS. Is there something that could be done?

JoaoBR
347
JoaoBR 2021.10.22 13:19 
 

Great tool for risk management, with many options not available in other products. I needed an adjustment and was promptly attended to by the author. 5 stars!

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Expert Advisor "Drawdown Limiter"  Vous êtes au bon endroit si vous recherchez un contrôle de drawdown, un limiteur de drawdown, une protection du solde, une protection de l'équité ou une limite quotidienne de drawdown en rapport avec les entreprises de gestion de capitaux (Prop Firm), FTMO, My Forex Fund, ou si vous souhaitez protéger votre compte de trading. Avez-vous déjà eu du mal à contrôler votre drawdown en tradant sur des comptes financés ? Cet EA est fait pour vous. Les entreprises de
Offre spéciale trading – 40 % de réduction Gestionnaire de transactions avancé – La solution tout-en-un par excellence pour un trading manuel plus rapide, plus intelligent et plus sûr. Transformez votre trading manuel avec NextGen Trade Manager AI – le panneau professionnel intégré au graphique qui combine exécution instantanée, planification visuelle des transactions et gestion des risques performante dans un outil intuitif. Exécutez vos ordres, gérez les risques et protégez vos profits plus
PZ Trade Pad Pro MT4
PZ TRADING SLU
5 (2)
Effortlessly calculate lot sizes and manage trades to save time and avoid costly errors The Trade Pad Pro EA is a tool for the Metatrader Platform that aims to help traders manage their trades more efficiently and effectively. It has a user-friendly visual interface that allows users to easily place and manage an unlimited number of trades, helping to avoid human errors and enhance their trading activity. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] One of the k
TradeMirror est un outil de copie d'ordres localisé, spécialement conçu pour les plateformes MT4/MT5, qui synchronise les opérations de trading en temps réel. Tutoriel Veuillez cliquer sur le lien Tutoriel Trademirror pour voir plus de tutoriels. Avantages du produit En se basant sur les normes élevées des logiciels financiers en matière de sécurité, de stabilité et de protection de la vie privée, nous avons procédé à des optimisations en profondeur sur trois dimensions principales : Une interfa
Copieur ->Interaction d'interface pratique et rapide, les utilisateurs peuvent l'utiliser immédiatement       ->>>> Recommandé pour une utilisation sur des ordinateurs Windows ou VPS Windows Caractéristiques: Paramètres de copy trading diversifiés et personnalisés : 1. Différents modes de lot peuvent être définis pour différentes sources de signaux 2. Différentes sources de signaux peuvent être définies pour le copy trading avant et arrière 3. Les signaux peuvent être définis avec des commentai
MT4 Professional Copy Trading System (Édition MT4) Copieur de trades LOCAL ultra-rapide, niveau industriel, pour pros, fournisseurs de signaux et multi-comptes. Architecture LOCAL industrielle Fonctionne dans le même environnement Windows (même PC / même VPS Windows). Faible latence, haute stabilité, 24/7. Master / Slave / Self + Cross Copy (MT4 ↔ MT5) Modes Master/Slave/Self-Copier. MT4→MT4, MT4→MT5, MT5→MT4, MT5→MT5. Important : le cross-copy MT4↔MT5 nécessite les deux versions (MT4 & MT5)
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If you just want to simply copy your positions and orders from MetaTrader to Binance use the Binance Copier If you're a developer looking to use Binance.com and Binance.us exchanges directly from your MetaTrader 5 terminal, you'll want to check out Binance Library MetaTrader 5. This powerful tool allows you to trade all asset classes on both exchanges, including Spot, USD-M   and COIN-M futures, and includes all the necessary functions for trading activity. Important: you need to have source c
The Expert Advisor is a comprehensive risk manager helping users to control their trading activities. With this tool being a safeguard you can easily configure various risk parameters. When any limit is exceeded, the risk manager can force close opened positions, close other EAs, and even close the terminal to prevent emotional trading that doesn't correspond to your trading strategy. Risk Manager Settings Account Protection Check min equity limit to close all (account currency) - check the min
MT5 to Binance
Roman Zhitnik
4 (4)
The MT5 to Binance trading panel is the perfect tool for cryptocurrency traders looking to maximize their purchases on Binance and Binance US exchanges. To get started, simply input your API Key and Secret Key created in the client area of Binance and select the Enable Spot & Margin Trading and Enable Futures checkboxes and start trading Once launched, the trading panel automatically loads all Spot and Futures symbols into the Symbols section. To start trading, select your desired instrument fr
This is a multi timeframe version of the  Supply and Demand indicator . It allows you to analyze a chart using the law of supply and demand on three different timeframes at a time. You will see zones of sales and purchases and determine the most profitable points to open positions. The indicator is based on the principle of market fractality. Supply and demand zones show places where a strong buyer or seller has made the price reverse and change its direction. The indicator has several types of
FREE
Binance Copier allows to seamlessly and easily copy trades between MT5 and Binance Futures! The tool's main feature is to replicate trades and all available orders between MetaTrader 5 and Binance that can be applied to both Expert Advisors and manually opened ones. Key Features: Bidirectional Copying - MT5 → Binance (Master Mode): Copy your MT5 trades to Binance - Binance → MT5 (Slave Mode): Mirror Binance positions in MT5 - Real-time synchronization with configurable delays Complete Trade M
This is a multi timeframe version of the  Supply and Demand indicator . It allows you to analyze a chart using the law of supply and demand on three different timeframes at a time. You will see zones of sales and purchases and determine the most profitable points to open positions. The indicator is based on the principle of market fractality. Supply and demand zones show places where a strong buyer or seller has made the price reverse and change its direction. The indicator has several types of
FREE
Trade Panel MetaTrader 5 - feature-rich tool that adds the desired and highly-demanded functions to the terminal to enhance trading experience. Orders execution with one click You can open and close orders easily, using the panel. Buttons to open Market, Limit and Stop orders in both buy and sell directions are located on the Main tab, while there are multiple options to close already existing positions and cancel orders: Close/cancel all Close/cancel buy and sell positions/orders separately Clo
The Supply and Demand with Swap zones MTF indicator is a powerful tool for technical analysis that has been modified and enhanced to provide traders with even more valuable information. This tool is based on the rule of supply and demand and allows traders to analyze a chart on three different timeframes at once, providing a more comprehensive view of the market. One of the key features of this indicator is the so-called swap zones, which are areas that have been broken through by the price but
FREE
This indicator allows to analyze a chart using the rule of supple and demand. You will see zones of sales and purchases and determine the most profitable points to open positions. The indicator is based on the principle of market fractality. Chart zones show places where a strong buyer or seller has made the price reverse and change its direction. The indicator has several types of zones calculation. Color and type of zones displaying are set as desired. The zone width can be displayed in pips.
FREE
Forex Market Hours
Roman Zhitnik
5 (5)
Current indicator shows the trading sessions for the major financial centres: London New York Tokyo Sydney There are available two types of displaying zones: in sub window below the chart and on the chart. When the subwindow is selected, the sessions are shown in the form of bars. If the sessions are shown on the main chart, they are displayed in the form of lines at the open price of the session that may also act as a support and resistance for further price action during the trading day.  The
FREE
Multi Timeframe Indicator includes a lot of functions and can be considered as a universal helper for a trader. It's main objective is to display up to 10 indicators at a time using just one small brick per each of them. These indicators involve Awesome Oscillator, CCI, DeMarker, MACD, RSI, RVI, Stochastic, Larry Williams' Percent Range, Bulls Power and Bears Power. An important function of the indicator is an ability to monitor signals from different timeframes. You can choose different combina
FREE
Swaps Indicator
Roman Zhitnik
5 (1)
The Swaps Indicator allows to monitor the swap rates of desired instruments in one place. There are several ways to choose the instruments list for the indicator: Select instruments from Market Watch Select all instruments Select instruments from the manually adjusted list All the setings color settings are adjustable in the indicator: you can set color for headers, for symbol names, for positive and negative swaps. There is also an ability to adjust the distance between the rows, columns and st
FREE
The Supertrend indicator available on the MQL5 Market for MetaTrader 4 is an exceptional tool for traders seeking to identify prevailing trends in specific trading instruments. This indicator boasts two built-in indicators, Average True Range and Standard Deviation, allowing traders to choose the most suitable indicator based on their preferred trading strategy. Additionally, users can customize the period of these indicators and select the price (Close, High, Low, Open, Weighted) to which it s
Are you looking for a powerful tool to analyze currency strength and identify the best trading opportunities? Look no further than the Currency Strength Indicator. Our easy-to-use tool offers a wide range of features that will help you professionally define weak and strong currency pairs, so you can make informed trading decisions with ease. One of the most significant benefits of our indicator is the ability to select up to 10 currencies for monitoring. And the currencies are not limited to fi
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AGG.
119
AGG. 2025.03.23 01:47 
 

The Best of it's kind

Kris
211
Kris 2025.01.17 04:03 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Enrico Amato
23
Enrico Amato 2025.01.16 21:10 
 

Been using this with lots of success but I have now ran out of 'activations' due to switching VPS. Is there something that could be done?

JoaoBR
347
JoaoBR 2021.10.22 13:19 
 

Great tool for risk management, with many options not available in other products. I needed an adjustment and was promptly attended to by the author. 5 stars!

lucat
303
lucat 2016.08.05 12:14 
 

Good Equity guardian.

It's a must for a seriuos trader.

I like the possibility to set a Daily DD or Profit to close orders and platform.

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