TrueRisk Trade Panel MT5

Free. Set your risk, click Buy or Sell, done.

TrueRisk Trade Panel works out the lot size for you. Type how much of your account you want to risk (for example 1%), set the stop loss in points or drag it on the chart, and the BUY and SELL buttons already show the right lot. No lot calculator, no guessing, no trade that risks ten times more than you meant.

MT4 version (free) | TrueRisk Trade Manager (auto break-even, partial close, trailing, account guard) | Free 14-day trials of the paid tools | TrueRisk Account Guard (daily loss lock)

  • Lot size from your risk: % of balance, % of equity, or a fixed amount of money (for example $50)
  • Stop loss in points, or automatic (1.5 x ATR)
  • Take profit as a multiple of your risk (2 = twice what you risk)
  • Drag stop-loss and take-profit lines on the chart: the lot updates as you drag
  • Pending orders from an entry line (limit or stop is picked for you)
  • Close half, close this symbol, close everything, move stops to break-even
  • Works on any account, any broker, forex, gold, indices, crypto CFDs
  • Free, no time limit, no registration

How to use it

  • Attach TrueRisk Trade Panel to a chart and allow algo trading
  • Type your risk in the Risk box (for example 1 for 1%, or 50 for $50 when the risk is set to a fixed amount)
  • Leave Stop on "auto" or type it in points; or click Lines and drag the red stop-loss line where you want it
  • The panel shows the lot, the money at risk and the target before you click
  • Click BUY or SELL. Every trade gets its stop loss and take profit at once
  • Pending: click Pending, drag the yellow entry line, then BUY or SELL. Above the price a buy becomes a buy stop, below it a buy limit (and the other way round for sells)

The panel

  • Risk %, Stop (points) and TP (R) boxes: type and press Enter
  • Line under the boxes: lot, money at risk and money at the target, or why a trade can't be placed (stop too close, not enough margin, risk too small for the minimum lot)
  • SELL and BUY buttons with the lot already on them
  • Lines and Pending switches, Close 50% (closes half of every trade on this symbol, click twice to confirm)
  • Close [symbol], Close all (click twice to confirm), Break-even (moves the stop to the entry on this symbol's trades that are far enough in profit)
  • Open trades on this symbol with their profit, and today's closed profit

Settings

  • Risk per trade: % of balance, % of equity, or a fixed amount of money
  • Default stop loss in points (0 = 1.5 x ATR(14))
  • Take profit as a multiple of the risk (0 = none)
  • Magic number and comment of panel trades
  • Panel position and font size
  • The panel keeps your values when you change the timeframe

Want the trades managed for you?

TrueRisk Trade Panel places trades. The paid TrueRisk Trade Manager also manages them: partial close at 1R, break-even and trailing stop run by themselves, manual trades from your phone get a stop loss and the right size, and a daily and maximum loss lock protects the whole account. It works on any account, your own money or a prop-firm challenge, and has a free 14-day demo trial.

In the Strategy Tester

A trade panel needs your clicks, so in the Strategy Tester the panel opens demo trades by itself (one at a time, random direction, with the panel's risk, stop and take profit) to show how it sizes and places them. Live, it never trades on its own.

Like the panel?

A short review on this page helps other traders find it, and tells me what to build next.

Support: if something doesn't work as expected, send me a private message first. I answer every message and fix problems quickly.

If it helped you, a short review in the Reviews tab helps other traders find it and tells me what to improve.

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Trade Indicator Assistant   is a powerful MT5 utility designed to turn indicators into automated trading systems. Its main feature is the ability to automatically detect an indicator’s   BUY and SELL signal buffers , without requiring you to know the buffer numbers, search through indicator settings, or modify the indicator source code. Bonus Indicator:   After purchasing Trade Indicator Assistant, contact me to receive   Trade Signal Pro   completely free as a bonus indicator. [Download Demo V
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Most liquidity indicators draw the lines. This one also checks whether price respects them. ICT Liquidity Levels Honest Stats draws the levels ICT traders watch: previous day high and low, previous week high and low, and the Asian range high and low. A table measures on your own chart how often price reached each level and how often it turned back there, next to random lines nearby. Free, part of the Honest Stats series. MT4 version | ICT Killzones Honest Stats (free) | ICT FVG Honest Stats (fre
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Most killzone indicators draw boxes. This one checks whether the boxes work. Asia, London open, New York open and London close drawn automatically A table on your chart measures how often the day's high or low really formed inside each killzone, next to what pure chance would give Free. Check the numbers before you trust any killzone strategy MT4 version (free) | ICT FVG Honest Stats (free) | ICT Liquidity Levels Honest Stats (free) | ICT SMT Divergence Honest Stats (free) | TrueRisk Trade Panel
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Most SMT indicators mark the divergences. This one also checks whether they work. ICT Correlation SMT Divergence Honest Stats compares your chart with a related market (gold with silver, EURUSD with GBPUSD, BTC with ETH, US500 with US100) and marks every SMT divergence. A table measures on your own chart whether price turned after an SMT more often than after a normal new high or low. Free, part of the Honest Stats series. MT4 version | ICT Killzones Honest Stats (free) | ICT FVG Honest Stats (f
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Most FVG indicators draw boxes. This one also checks whether the boxes work. ICT Fair Value Gap FVG Honest Stats draws every fair value gap on your chart and measures, on that chart's own history, how often price came back to a gap and how often the gap held, next to fake boxes of the same size. Free, part of the Honest Stats series. MT4 version | ICT Killzones Honest Stats (free) | ICT Liquidity Levels Honest Stats (free) | ICT SMT Divergence Honest Stats (free) | TrueRisk Trade Panel (free) |
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Free. Set your risk, click Buy or Sell, done. TrueRisk Trade Panel works out the lot size for you. Type how much of your account you want to risk (for example 1%), set the stop loss in points or drag it on the chart, and the BUY and SELL buttons already show the right lot. No lot calculator, no guessing, no trade that risks ten times more than you meant. TrueRisk Account Dashboard MT4 (free) | TrueRisk Symbol Changer MT4 (free) | MT5 version | All TrueRisk tools Lot size from your risk: % of bal
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Most FVG indicators draw boxes. This one also checks whether the boxes work. ICT Fair Value Gap FVG Honest Stats draws every fair value gap on your chart and measures, on that chart's own history, how often price came back to a gap and how often the gap held, next to fake boxes of the same size. Free, part of the Honest Stats series. MT5 version | ICT Killzones Honest Stats MT4 (free) | ICT Liquidity Levels Honest Stats MT4 (free) | ICT SMT Divergence Honest Stats MT4 (free) | TrueRisk Trade Pan
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Free. Know where your account stands before you take the next trade. TrueRisk Account Dashboard shows, on the chart, what you made or lost today, this week and this month, in money and in %, and how many trades you won. It adds up what your open trades leave you with if every stop loss is hit, warns you about trades that have no stop at all, and shows how much room is left before your own daily loss limit. It only reads the account: it never opens, changes or closes a trade. MT4 version (free) |
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Free. One click to switch the chart to another symbol. TrueRisk Symbol Changer puts your symbols on the chart as buttons, each with today's % change in green or red. Click one and the chart switches to it, keeping your timeframe, your template and your other indicators. One row of timeframe buttons (M1 to MN) does the same for the timeframe. No more right-click, Symbols, find, drag. TrueRisk Account Dashboard MT4 (free) | TrueRisk Trade Panel MT4 (free) | MT5 version | All TrueRisk tools Symbols
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Most killzone indicators draw boxes. This one also checks whether the boxes work. ICT Killzones Honest Stats for MetaTrader 4 draws the four ICT killzones (Asia, London open, New York open, London close) and measures on your own chart how often the day's high or low really formed inside each one, next to what pure chance would give, and how often the London Judas swing really reverses. Free, part of the Honest Stats series. MT5 version | ICT FVG Honest Stats MT4 (free) | ICT Liquidity Levels Hon
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Most liquidity indicators draw the lines. This one also checks whether price respects them. ICT Liquidity Levels Honest Stats draws the levels ICT traders watch: previous day high and low, previous week high and low, and the Asian range high and low. A table measures on your own chart how often price reached each level and how often it turned back there, next to random lines nearby. Free, part of the Honest Stats series. MT5 version | ICT Killzones Honest Stats MT4 (free) | ICT FVG Honest Stats
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Free. Know where your account stands before you take the next trade. TrueRisk Account Dashboard shows, on the chart, what you made or lost today, this week and this month, in money and in %, and how many trades you won. It adds up what your open trades leave you with if every stop loss is hit, warns you about trades that have no stop at all, and shows how much room is left before your own daily loss limit. It only reads the account: it never opens, changes or closes a trade. TrueRisk Trade Panel
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Most SMT indicators mark the divergences. This one also checks whether they work. ICT Correlation SMT Divergence Honest Stats compares your chart with a related market (gold with silver, EURUSD with GBPUSD, BTC with ETH, US500 with US100) and marks every SMT divergence. A table measures on your own chart whether price turned after an SMT more often than after a normal new high or low. Free, part of the Honest Stats series. MT5 version | ICT Killzones Honest Stats MT4 (free) | ICT FVG Honest Stat
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Free 14-day trial | Manual Copy your trades to every account, MT4 and MT5, each sized to its own risk TrueRisk Trade Copier copies trades between MetaTrader 4 terminals, and between MetaTrader 4 and MetaTrader 5 (with the MT5 version), on the same computer or VPS: from the account you trade to your other accounts, to a prop-firm challenge, or from a personal account to a funded one. Each receiving account sizes every copy to its own risk % from the sender's stop loss, and never lets a copy's sto
Free 14-day trial | Manual One payment. One job: stop a bad day before it becomes a blown account. TrueRisk Account Guard watches your whole MetaTrader 4 account and steps in before your daily or maximum loss limit is breached, on your own account or a prop-firm account. MT5 version | TrueRisk Trade Panel MT4 (free) | TrueRisk Account Dashboard MT4 (free) | TrueRisk Trade Copier MT4 Which one do you need? TrueRisk Account Guard : you only want the daily and maximum loss lock. TrueRisk Account Gu
Free 14-day trial | Manual TrueRisk Account Guard Pro watches your whole MetaTrader 4 account and steps in before a prop firm's loss limit is breached. On top of the daily and maximum loss limits it caps the loss on each trade, adds missing stop losses, limits how much you trade and closes everything before the weekend. Firm presets: FTMO 2-Step, FTMO 1-Step, FundedNext Stellar 2-Step, The5ers High Stakes, or your own rules Daily reset in the firm's own time zone (Prague, New York, UTC or server
Free 14-day trial | Manual TrueRisk Trade Manager is a one-click trading panel for MetaTrader 4. You set your risk in percent and the stop loss; the panel works out the lot size, checks that the stop can't take you past your daily or maximum loss limit, opens the trade and then manages it for you: partial close, break-even and trailing stop. Lot size from your risk %, cut to the room left before your loss limits Partial close, break-even and trailing stop in R, automatically Stop loss and lot si
Order blocks from any timeframe, with alerts - and a table that tells you honestly whether they work on your chart. ICT Order Blocks Honest Stats draws order blocks from this or a higher timeframe, marks each one fresh, tested or broken, alerts you when price comes back to a fresh block, and measures on your chart's own history how often the blocks held next to fake zones of the same size. Part of the Honest Stats series. Market Structure MT4 | MT5 version | Free: FVG Honest Stats | Free: Liquid
ICT market structure from any timeframe - HH, HL, LH, LL, every BOS and CHoCH, with alerts - and a table that measures how often price really followed each break on your chart. ICT Market Structure Honest Stats labels every swing high and low, draws each break of structure (BOS) and change of character (CHoCH), shows the levels the next break needs, alerts you the moment a new break forms, and measures on your chart's own history how often price went on in the break's direction compared with ran
Every ICT idea in one indicator - market structure, order blocks, fair value gaps, premium / discount and OTE, liquidity sweeps, killzones and SMT - added up into one confluence score, with alerts, a multi-symbol scanner, and a table that tests the signals on your own chart. ICT Pro Honest Stats draws all of it on your chart, checks every closed candle against nine ICT factors, shows the bullish and bearish score in a panel, marks the candles where enough factors line up at an order block or fai
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Free 14-day trial | Manual A hard daily loss limit for any account: your own money or a prop challenge. Set your daily and maximum loss limit once. Before either is reached it closes every position and locks trading: all symbols, all EAs, manual and phone trades Per-trade loss cap, automatic stop loss, max trades per day, news lock, Friday close: the rules most traders write down and then break Trading a challenge? Pick FTMO, FundedNext or The5ers and the limits load the way that firm counts the
Free 14-day trial | Manual Risk-based lot size, stop and target in one click. On any account. Set your stop, click Buy or Sell: the lot comes from your risk %. On an account with loss limits it is also cut to the room left before your daily and maximum loss limit. Ordinary trade panels only do the first part Partial close, break-even and trailing stop then run by themselves Trades opened on your phone get a stop loss and are cut to your risk % by the desktop manager (MT5 mobile has no lot calcul
Free 14-day trial | Manual Aggressive preset: $100,000 to $887,000 in the Strategy Tester Two rule-based strategies on the S&P 500, Nasdaq, Dow, Nikkei and gold. A stop loss on every trade, no grid, no martingale. Load the Aggressive preset for the fastest growth or the Standard preset for a smoother ride: both set files come free with the EA, and the real tester numbers for both, bad years included, are right below. Standard + Aggressive presets (set files) | Free 14-day trial (demo accounts) |
Free 14-day trial | Manual Copy your trades to every account, each sized to its own risk TrueRisk Trade Copier copies trades between MetaTrader 5 terminals on the same computer or VPS: from the account you trade to your other accounts, to a prop-firm challenge, or from a personal account to a funded one. Each receiving account sizes every copy to its own risk % from the sender's stop loss, and never lets a copy's stop break that account's daily or maximum loss limit. MT4 version | Free 14-day tr
Order blocks from any timeframe, with alerts - and a table that tells you honestly whether they work on your chart. ICT Order Blocks Honest Stats draws order blocks from this or a higher timeframe, marks each one fresh, tested or broken, alerts you when price comes back to a fresh block, and measures on your chart's own history how often the blocks held next to fake zones of the same size. Part of the Honest Stats series. Market Structure | MT4 version | Free: FVG Honest Stats | Free: Liquidity
ICT market structure from any timeframe - HH, HL, LH, LL, every BOS and CHoCH, with alerts - and a table that measures how often price really followed each break on your chart. ICT Market Structure Honest Stats labels every swing high and low, draws each break of structure (BOS) and change of character (CHoCH), shows the levels the next break needs, alerts you the moment a new break forms, and measures on your chart's own history how often price went on in the break's direction compared with ran
Every ICT idea in one indicator - market structure, order blocks, fair value gaps, premium / discount and OTE, liquidity sweeps, killzones and SMT - added up into one confluence score, with alerts, a multi-symbol scanner, and a table that tests the signals on your own chart. ICT Pro Honest Stats draws all of it on your chart, checks every closed candle against nine ICT factors, shows the bullish and bearish score in a panel, marks the candles where enough factors line up at an order block or fai
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