Risk Manager PRO for MT5
- Utilitaires
- Version: 1.10
- Activations: 5
Risk Manager PRO for MT5 is a trade management utility designed for traders who want fast execution and structured risk control directly from the chart.
This product does not generate trading signals and does not open trades automatically based on a strategy. It is a manual trading panel that helps the trader plan, execute and manage positions using predefined risk settings.
Main features
- Risk-based lot calculation using account balance and stop loss distance
- Manual lot mode
- On-chart trading panel
- BUY and SELL execution from the panel
- Risk-reward control
- Automatic take profit calculation from RR
- Breakeven function
- Trailing stop management
- Manual partial close
- Free mode with staged trade management
- Draggable SL, TP and entry planning lines
- Panel position and state saving
How it works
The trader places the utility on a chart, sets the planned stop loss and take profit levels, checks the risk-reward ratio and lot size, and then executes a BUY or SELL order from the panel.
The utility is designed to simplify the execution workflow:
plan the trade, define the risk, open the position, then manage it with breakeven, trailing and partial close tools.
Free mode is designed for traders who want to reduce exposure and leave a runner:
- first staged reduction after the trade moves in profit
- second staged reduction for runner management
- stop loss moved to breakeven
- trailing management activated for the remaining position
Who this product is for
Risk Manager PRO for MT5 is suitable for discretionary traders who execute trades manually and want consistent position sizing and structured trade management.
Typical use cases:
- intraday trading
- swing trading
- manual execution with fixed risk
- fast stop loss and take profit planning
- chart-based trade management
Who this product is not for
This product is not intended for traders looking for:
- automatic entry signals
- autonomous trading logic
- copy trading
- guaranteed results
Inputs
RiskPercent
Percentage of account balance used for risk-based lot calculation.
UseAutoLot
Enables automatic lot calculation based on stop loss distance and selected risk percentage.
ManualLot
Fixed lot size used when automatic lot sizing is disabled.
UseTrailing
Defines the default trailing state on initialization.
TrailByCandle
Trailing stop based on candle structure.
TrailBySwing
Swing-based trailing support.
TrailOffsetPts
Offset in points used for trailing stop placement.
UseFixedRR
When enabled, take profit is calculated automatically from the selected risk-reward ratio.
EntryFollowPrice
Updates the planned entry price with the current market price before order execution.
UsePartialClose
Enables the partial close button on the panel.
PartialRR
Additional parameter reserved for future logic extensions.
PartialPercent
Volume percentage parameter related to partial close handling.
DefaultSL_Pips
Default stop loss distance used for initial planning.
DefaultTP_Pips
Default take profit distance used for initial planning.
DebugPrints
Enables journal messages for diagnostics.
Basic workflow
1. Attach the utility to a chart.
2. Set the planned stop loss and take profit levels.
3. Check the displayed RR and lot size.
4. Click BUY or SELL.
5. Manage the open position using breakeven, trailing, partial close or free mode.
Notes
- This is a trade management utility, not a signal provider.
- The trader remains responsible for all market analysis and execution decisions.
- Performance depends on broker conditions, symbol specification and execution settings.
- Please test the product in the Strategy Tester and on a demo account before live use.
Support
Support is provided through the MQL5 product comments section and private messages on MQL5.
Disclaimer
Trading involves risk. This product is a management utility and does not guarantee profit or protection from loss. The user is responsible for all trading decisions and risk exposure.
