ATR RiskMaster
- Utilitaires
- Version: 1.0
- Activations: 5
ATR RiskMaster – Lot Size Calculator Based on ATR Volatility
ATR RiskMaster 1.00 is a powerful utility (runs as an Expert Advisor or Indicator) designed to automate lot size calculation, stop-loss, and take-profit levels based on market volatility using the Average True Range (ATR). Perfect for traders who prioritize consistent risk management and precision.
🔧 Inputs & Features Explained
▪️ RiskPercent (1.0%)
Defines the percentage of your account you want to risk per trade. For example, with a $10,000 account and RiskPercent = 1%, the maximum loss per trade is $100.
▪️ ATRPeriod (14)
The number of candles used to calculate the ATR. A higher period smoothens volatility readings.
▪️ SL_ATR_Multiplier (1.5)
Multiplier applied to the ATR to define the stop-loss distance.
Stop-loss (pips) = ATR × SL_ATR_Multiplier
Example: If ATR = 20 pips, and multiplier = 1.5 → Stop-loss = 30 pips
▪️ TP_SL_Ratio (2.0)
Sets the take-profit level as a ratio of the stop-loss.
Take-profit (pips) = Stop-loss × TP_SL_Ratio
Example: With SL = 30 pips and ratio = 2.0 → TP = 60 pips
▪️ ATR_TF (1 Hour)
Select the timeframe used to calculate the ATR (e.g., 1H, 4H, Daily, etc.)
▪️ MagicNumber (123456)
Unique identifier for the EA, useful when running multiple EAs or managing multiple positions.
▪️ PanelColor (SlateGray)
Customize the color of the information panel for better chart visibility.
✅ What This Tool Helps You Do
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Calculate optimal lot size based on account risk % and ATR volatility
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Automatically determine stop-loss distance based on market conditions
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Set take-profit using a fixed risk-reward ratio
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Enforce consistent risk management discipline without manual calculations
