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Auto risk manager

Auto risk manager is a utility for order management. Regardless of whether the orders are opened manually or by Expert Advisors, the utility removes pending orders (if needed) and disables the terminal (not letting the EAs open new trades) when a specified profit or loss percentage is reached. The utility will be especially useful for traders using EAs or trading multiple currency pairs simultaneously.

The Expert Advisor can be used as an additional stop loss or take profit either for one or for all open positions on your account. Profit_Percent and Loss_Percent may have either positive or negative value. You can try the free version Auto risk manager Free.

  • Profit_Percent = 10 - total profit percentage (after reaching, all open orders are closed and the terminal is disabled) may have negative values. Suppose that the deposit shows "-13%" of profit (drawdown). You can set closing trades when reaching the drawdown level of "-9%"
  • Loss_Percent = -10 - total loss percentage (after reaching, all open orders are closed and the terminal is disabled) may have positive values. Suppose that the deposit shows "9%" of profit. However, the possibility of moving in unfavorable direction is high. You can set "7%". If the total profit drops to 7%, the EA closes all orders and disables the terminal
  • DeleteStopLimitOrders = true/false - remove (true)/do not remove (false) pending orders when closing orders
  • Close Terminal = true/false - when closing orders, close (true) or continue (false) the client terminal.
  • Slipage = 5 - slippage
  • TimerSecond = 1 - after how many seconds the deposit changes are to be checked (to save hardware resources).
Important! The utility is an EA. Make sure that auto trading is enabled in the terminal.
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Nguyen Van Anh
4.84 (77)
Telegram MT4 Signal Trader est un EA qui vous aide à échanger des signaux reçus via tous les types de canaux/groupes Telegram. ATTENTION! Ce système ne fonctionne pas sur Mac OS. Par conséquent, si vous souhaitez exécuter le système, vous devez installer un émulateur Windows sur Mac OS. Vous n'avez même pas besoin d'être le propriétaire des chaînes. Si vous pouvez lire les textes de signal dans votre compte Telegram, vous pouvez tous les échanger. L'EA a besoin d'un outil gratuit génial -
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Grid Martin is a fully automatic system. The advisor works according to the grid strategy with the possible use of martingale. Work = true Risk = 0.1 - lot TakeProfit = 100 - take profit Delta = 100 - grid step MartinKof = 1 - martingale coefficient MaxSpred = 35 - maximum spread Magic =123 - magic number Slipage = 5 - slippage Period_1 = PERIOD_D1 - indicator timeframe for opening the first deal.
FREE
Auto risk manager Free is a utility for order management. Regardless of whether the orders are opened manually or by Expert Advisors, the utility removes pending orders (if needed) and disables the terminal (not letting the EAs open new trades) when a specified profit or loss percentage is reached. This demo versions allows you to understand the work of the full version of Auto risk manager . The demo works only with AUDNZD orders only. Profit_Percent and Loss_Percent may have either positive or
FREE
SkalpAUDNZD is a highly accurate and reliable advisor for trading the AUDNZD currency pair( time frame М5) . The advisor does not have dangerous technologies such as martingay, grids and averaging and is therefore safe for a trading account. Orders are closed using a signal or take profit and stop loss; the advisor forcibly closes orders on the opening day. The advisor opens only one order at a time and all orders are protected by a fixed Stop Loss. The advisor is easy to use, as it has few para
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Version 1.1 2024.02.20
Added new function:
CloseTerminal = false;true;
Leave work or turn off the terminal after the event