Hon Risk manager

Advanced Risk Manager EA is a non-trading account protection utility for MetaTrader 5. It does not open trades — it monitors your account in real time and enforces configurable risk rules automatically.

How It Works

At the start of each trading day, the EA records your opening balance. Every tick, it recalculates your live P&L. If your daily loss reaches the configured threshold, all open positions are closed instantly and trading is locked until the next day. Optionally, it locks trading once a profit target is hit, securing your daily gains.

Core Features

  • Daily Loss Limit — Closes all trades and locks the account when the daily drawdown % is breached
  • Daily Profit Target — Optionally locks trading once a profit % is reached for the day
  • Mobile Protection — Detects and closes trades opened on mobile after account lockout
  • Telegram Control Panel — 25+ commands for remote monitoring and trade management
  • Real-time Dashboard — Color-coded risk meter, daily P&L, win rate, margin level, and one-click emergency close
  • Multi-EA Compatible — Monitors combined risk from manual trades, EAs, and copy trading simultaneously

Input Parameters

Parameter Default Description
Max Daily Risk % 3.0 Closes all trades when daily loss hits this %
Risk Per Trade % 1.0 Used for position size calculation
Daily Profit Target % 0.0 0 = disabled; locks trading when reached
Enable Daily Lockout true Enables automatic end-of-day reset
Telegram Bot Token — From @BotFather
Telegram Chat ID — Your personal or group chat ID
Control Password ARM2024 Required for destructive Telegram commands
Show Dashboard true Displays on-chart panel

Telegram Commands

No password required: STATUS , POSITIONS , ACCOUNT , STATS , PING , QUICKSETUP , CALCPNL

Password required: CLOSEALL , LOCK , STOP , PAUSE , RESET , EMERGENCY , ARRAYCLEAN

Prop Firm Compatible

Designed for FTMO, etc, and similar challenges. Set your daily risk limit slightly below the prop firm threshold (e.g., 4% for a 5% rule) to guarantee you never breach their terms.

Requirements

  • MetaTrader 5 Build 3815+
  • AutoTrading enabled
  • WebRequests allowed for Telegram API 
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5 (4)
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Alain Verleyen
4.92 (12)
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Vladislav Andruschenko
4.59 (74)
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Peter Mueller
4.83 (6)
Utilità
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Mirel Daniel Gheonu
5 (2)
Utilità
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Trinh Dat
4.96 (48)
Utilità
The product will copy all telegram signal to MT5 ( which you are member) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal,  s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to s
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Ho Tuan Thang
5 (1)
Utilità
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Boris Sedov
4.61 (18)
Utilità
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