Alpha Equity Manager

Alpha Equity Manager

Alpha Equity Manager is a comprehensive risk management and account protection utility designed for traders, fund managers, institutions, and prop-firm applicants.

The tool assists in maintaining trading discipline by offering customizable limits and restrictions. Every limit, shield, and blocker can be customized or toggled on/off to fit your specific trading strategy.

THE TIME-LOCKED VAULT
A common issue in manual trading is adjusting risk parameters during active trading sessions. This feature addresses this by allowing you to lock your settings.

  • [Customizable] Time-Locked Settings: You define your own "Unlock Window" (e.g., 23:00 to 00:00). Settings modifications are ignored by the EA unless changed during this specific time.
  • Terminal Memory: Your locked limits are saved directly to your terminal environment. Settings are maintained through MT5 restarts and chart changes.
  • Live Vault Countdown: A timer on the dashboard displays exactly when you are allowed to modify your limits.

ACCOUNT PROTECTION

  • [Customizable] Drawdown & Profit Limits: Set your Daily Loss Limit (%) or Daily Profit Target (%). If these thresholds are reached, the EA disables the trading buttons and restricts new entries.
  • Midnight Balance Scanner: The utility reads your MT5 history to calculate your daily drawdown based on your exact midnight balance.
  • [Optional] Granular Exposure Limits: Cap your Max Open Positions, Max Total Lot Size, and single Currency Exposure (e.g., maximum 1.5 lots allowed on USD).

STOP-LOSS MANAGEMENT

  • [Toggle ON/OFF] Missing SL Detector: Detects if a trade is opened without a Stop-Loss. It provides a customizable grace period (e.g., 60 seconds) before automatically closing the unprotected trade.
  • [Toggle ON/OFF] Auto-Risk Scaler: Automatically reduces your Stop-Loss distance by a custom percentage once the price travels halfway to your Take Profit target.

INTEGRATED NEWS MANAGEMENT

  • [Toggle ON/OFF] Native MT5 Calendar: Direct integration with the MetaTrader 5 economic database. No external URLs or DLLs are required.
  • [Customizable] Pre/Post Auto-Lock: Automatically locks the trading panel a specified number of minutes before and after High-Impact events.
  • [Optional] Pre-News Auto-Close: Choose to have the EA automatically close all open positions right before a High-Impact news event.
  • Live Dashboard Countdown: View the specific event name, currency, and a countdown timer directly on your chart.

DYNAMIC COMMAND CENTER & UI

  • [Toggle] Pip vs. Price Input: Switch between inputting exact price levels (1.1050) or pip distances (50 Pips).
  • Pre-Trade Risk/Reward Calculator: Input your Lot Size, SL, and TP, and the dashboard displays the calculated Dollar ($) Risk and Reward before execution.
  • Smart Close Buttons: Targeted 1-click execution for "Close Buys", "Close Sells", "Close Winners", and "Close Losers".
  • Panic Close All: A single execution button to immediately close all open positions.
  • [Optional] Minimize Mode: The UI can be collapsed into a minimal icon to keep your chart analysis area clean.

Important Note:
This tool does not open trades automatically or provide trading signals. It is strictly a risk management and execution utility.

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