RiskFrame Trade Manager MT5

RiskFrame Trade Manager for MetaTrader 5

Build the complete trade plan on the chart. Validate it before the order reaches the broker. Manage the position from the same panel.

RiskFrame is a manual trade-planning, execution and position-management utility for MetaTrader 5. It is built for discretionary traders who already have their own market idea and want a clearer way to turn that idea into an order.

Position Entry, Stop Loss, Take Profit and optional TP2 directly on the chart. RiskFrame calculates position size from the selected risk, displays the planned risk and reward, checks the trade before submission and lets you manage the resulting position from the same interface.

RiskFrame does not generate signals and does not trade independently. The trader makes the decision; RiskFrame helps prepare, validate, execute and manage it.

Introductory price: 39 USD through July 31, 2026. The price will increase to 49 USD on August 1, 2026.

Manual: Open the full RiskFrame user manual

See the complete plan before execution

• Visual Trade Plan - Entry, Stop Loss, Take Profit and optional TP2 are visible before the order is sent.
• Risk and reward zones - the chart shows the planned profit and loss areas together with distance, lot size, required margin, risk and projected result.
• Interactive adjustment - move the Entry/Center and SL controls directly on the chart, snap the plan to the current price with Magnet and flip its horizontal direction when needed.
• RR-linked Take Profit - when TP is linked to RR, moving SL can automatically recalculate the target.

Validate before sending

Before an order is submitted, RiskFrame checks whether the plan is technically ready for execution.

• Clear validation status - the validation strip shows whether the plan is ready, requires attention or is blocked, together with the exact reason.
• Broker-rule checks - volume limits, lot step, stop-distance restrictions and available margin are checked before submission.
• Lock protection - helps prevent accidental order sending while the plan is still being adjusted.

Control new risk before it is accepted

• Risk-based position sizing - lot size is calculated from Risk% and Stop Loss distance, then rounded to the broker's supported lot step.
• Open-position risk check - before sending a new order, RiskFrame adds the potential loss of existing RiskFrame positions at their current Stop Loss levels to the risk of the new trade.
• Daily Loss Guard - if the combined open-position risk and new-trade risk would exceed the configured daily limit, the new order is blocked before submission.
• Scoped emergency control - STOP NOW closes/cancels RiskFrame trades for the current symbol and magic number, then blocks new sends until cleared.

Manage the position after entry

• TP2 on both account models - hedging accounts use a separate TP2 order; netting accounts use one position with automatic partial close at TP2.
• Break-even automation - can move Stop Loss according to the configured BE conditions while the EA is running.
• Trailing Stop automation - can continue managing Stop Loss after entry while MetaTrader and AutoTrading remain active.

Typical workflow

1. Attach RiskFrame to a chart.
2. Select Risk% and RR.
3. Position Entry, SL, TP and optional TP2 directly on the chart.
4. Review lot size, margin requirement, planned risk, projected result and the validation strip.
5. Send the order only when the plan is ready.
6. Manage the position from the same panel.

Supported

• Platform: MetaTrader 5.
• Account types: netting and hedging.
• Markets: Forex, metals, crypto, energy and other CFDs with compatible contract specifications.
• Product type: utility / trade-management panel for manual trading.

Important notes

• RiskFrame is not a signal robot and not an automatic trading strategy.
• Full interactive testing is not available in the MetaTrader Strategy Tester because the tester does not process chart-object mouse interaction in the same way as a regular chart.
• Break-even and Trailing Stop automation work only while the EA is attached, AutoTrading is enabled and MetaTrader is running.
• On netting accounts, the automatic partial close at TP2 also requires the EA to remain attached, AutoTrading enabled and MetaTrader running.
• Daily Loss Guard blocks new trades; it does not automatically close existing positions.
• On unusual or exotic contract specifications, verify position sizing on a demo account before live trading.
• On some index symbols with whole-lot volume steps, TP may move in visible increments while SL is dragged with TP linked to RR. On those symbols, set TP manually.

Development: RiskFrame is actively maintained. Future updates may expand localization, sizing modes, index handling and position-management options.

Support

Use the product Comments section or private messages on MQL5. Diagnostic logging can be enabled if a support log is required.

Changelog

v1.1 - Added a multi-language interface in English, Russian, German, Spanish and Portuguese, selectable through the new "Language" input. The validation strip and send action now use the same pre-send result; a green "Ready" means that RiskFrame detected no known blocking condition at the time of validation. Added hard blocks for closed symbol sessions, broker-side trading restrictions (including long-only and close-only modes), and invalid Stop Loss / Take Profit prices. Improved risk feedback when lot-step rounding increases the resulting planned risk above the selected Risk%. STOP NOW now retries failed close operations and remains latched if a close fails. Fixed an issue where a zero or too-small TP2 could prevent the RR-linked Take Profit from moving.

v1.0 - Initial release.