Risk Pilot Panel
- Utilitaires
- Version: 1.0
- Activations: 5
One-click trading panel for MT5: set risk % and stop, the panel sizes the lot, places the order with stop-loss and take-profit and moves the stop to break-even.
Risk Pilot Panel is a trading utility for MetaTrader 5 - one-click trade panel with risk-% lot sizing. Type your risk, click BUY or SELL - the lot, stop and target are calculated for you. It works on any symbol (designed with XAUUSD / gold in mind) and on hedging and netting accounts.
What it does
- Risk-based lot - enter the risk % and the stop (in points or in ATR); the panel shows the lot, the money at risk and the money at target before you click.
- One-click orders - BUY and SELL buttons send a market order with the stop-loss and an R-multiple take-profit already attached.
- Break-even - automatic move of the stop to entry (plus a small lock) once the trade is 1R in profit, or one click for all trades.
- Risk control - a hard cap on risk per order (default 3%) and on the number of open panel trades; CLOSE ALL closes every trade on the symbol.
Safety (built in)
- The tool never uses martingale, grid or averaging down. Orders it opens always carry a stop-loss.
- Lot size from risk % of equity (or a fixed lot), normalised to the broker's min / max / step and reduced if free margin is not enough.
- Stop-loss and take-profit changes respect the broker's stops and freeze levels; no orders or closes are sent while the market is closed.
- Every action is printed to the Experts log so you can see what the tool did and why.
Strategy Tester demo
MetaTrader 5 does not send button clicks in the Strategy Tester, so the free demo runs an automatic demonstration: it opens sample trades every few bars and the tool manages them exactly as it would live. Run it in visual mode to watch the panel. Switch the demo off with the "Strategy Tester: run the automatic demo" input. The demo never runs on a live or demo account.
Inputs
| Input | Default |
|---|---|
| Stop-loss in ATR (false = in points) | false |
| Default stop-loss (points, gold: 100 = 1.00 USD) | 300 |
| Default stop-loss (x ATR) when the stop is in ATR | 1.5 |
| ATR period (chart timeframe) | 14 |
| Default take-profit (R multiple, 0 = none) | 2.0 |
| Maximum open panel trades on this symbol (0 = no limit) | 3 |
| Hard cap: never risk more than this % per order | 3.0 |
| Move stop to break-even at this R (0 = off) | 1.0 |
| Break-even lock (points beyond entry) | 10 |
| Default risk per order (% of equity), used when Fixed lot = 0 | 1.0 |
| Fixed lot (0 = size from risk %) | 0.0 |
| Maximum lot per order (0 = broker maximum) | 10.0 |
| Max slippage (points, 2-digit gold scale: 100 = 1.00 USD) | 30 |
| Magic number of orders opened by this tool | 26102301 |
| Panel X position (pixels) | 20 |
| Panel Y position (pixels) | 30 |
| Strategy Tester: run the automatic demo (opens sample trades) | true |
| Strategy Tester demo: bars between sample trades | 24 |
How to use
- Attach the tool to a chart (allow Algo Trading).
- Set your limits in the inputs; the panel appears in the top-left corner (position adjustable).
- Use the panel buttons; the guard rules run automatically every second, even without ticks.
Important notes
- A utility helps you manage risk - it cannot guarantee profit or prevent every loss (gaps and slippage can move price past any level).
- Test on a demo account first. Times are your broker's server time.
- Keep the terminal running (a VPS is recommended) for the automatic rules to work.
